The SGT Report posted a “teaser” from their interview with Andy Hoffman. Enjoy!
This is truly the beginnings of what you call hyperinflation – and there’s no way back.
Upcoming Events
Sprott Natural Resource Symposium in Vancouver, July 17-20… a sell-out event that offers more and more value every year. Over four days at the Fairmont Hotel in downtown Vancouver, you’ll hear it all from some of the world’s foremost financial experts, including Andrew Schectman! In between listening to cutting-edge ideas and research from the industry’s top experts, you’ll have plenty of time to network and socialize with everyone at the Symposium – speakers, exhibitors and your fellow attendees.
Please call our office for more details at 1-800-822-8080 or email us
Please contact Opportunity Travel to reserve your spot and mention that you are a Miles Franklin client.
Hi Andy,
I’m renting now and have the option of taking on a mortgage with a low down payment here in Canada. I already invested in some physical metal.
Knowing what is coming our way, financially and otherwise, would it be wise to take on a mortgage at this point in time? What would you do?
Thank you!
Miro
Miro,
This is a matter of personal preference. Some think mortgages will be a good thing to have in hyperinflation; but don’t realize the German government forced mortgages to be indexed to inflation. I wrote about this in “DEBT AND HYPERINFLATION.”
Personally, I DESPISE debt – and avoid it at all costs. However, for many, they find it to be a favorable choice.
Andy