[quote=kev374] The alternative is to keep the money here as it continues to lose value due to inflation. I personally believe the CPI is a joke, I believe the inflation figures reported by shadowstats.com (around 6-7%) is more accurate. So each year i’m losing 6% of my savings. I can’t invest in the stock market because I think it has become nothing but a ridiculous casino.
[/quote]
If the purpose of your investment is to avoid losing purchasing power due to inflation, then buy something that inflates.
Or, said another way, if you are worried about devaluation of US currency relative to something tangible, buy that something tangible.
Moving to another currency presumes that that currency won’t suffer the same problem. In today’s global economy, it is unlikely that the US could see significant inflation independent of the rest of the world.
