Simple tips to avoid inflation-robbery

[PowerPenguin]

The following may be obvious to some, but it's a good review. This reminds me that I need to publish the finalized Porc Landlord Guide...

There is a very real risk of a Hyperinflationary Depression
happening in the U.S. over the next 12 months. In a
Hyperinflationary Depression the dollar collapses and you
will see events like those in Iceland over the last several
weeks and Zimbabwe over the last couple of years.

Here are a couple of ways to protect yourself and your
assets:

For Landlords:

Convert your leases to "month to month" rental agreements.
This will allow you to raise rents to keep up with the
hyperinflation. If it gets really bad, a week to week
rental agreement might make sense. If you are locked into a
long term lease when a hyperinflation hits, your money
coming in could lose up to 50% or more of its' value
overnight and even 99% within a matter of months.

For Renters:

Lock yourself into a 2 to 3 year lease if you can. Make
sure there is no adjustment for CPI or anything like that.
When hyperinflation hits, you can pay a whole month's rent
with a single day's pay.

For Homeowners/Debtors:

Make sure your debts are locked in at long-term,
fixed-interest rates. Like the renters above, you could, at
some point, pay off your mortgage with just a couple week's
pay.

For Everyone:

Build up several month's worth of Food Storage because one
of the first things you will see is a run on the grocery
stores.

Also, immediately withdraw all of your funds from
retirement funds, savings, banks, credit unions, CD's,
IRA's, etc. Convert these funds to physical gold & silver.
Keep about one month's worth of cash on hand and sell a
little portion of your gold & silver only as you need it.
At some point we might simply go into a barter situation
and you could trade your gold/silver and canned goods for
other products and services.

If anyone owes you money, consider offering them a discount
if they pay you off immediately - especially if you are
carrying the note on a long-term, fixed interest rate.

Consider your self-defense and security. Store up on
ammunition and get familiar with your firearms (you do own
a gun don't you?).

Avoid an ostentatious lifestyle. Ditch the Rolex and the
Lexus for something more conservative. There could be a lot
of "class angst" and you don't want to be the lightening rod
for someone's anger.

Here are a couple of articles worth reading on the
likelihood of a Hyperinflationary Depression:

http://www.shadowstats.com/article/292

http://tinyurl.com/6juujd

For an excellent home study course on Economics, and why
the economy is the way that it is, we recommend the
following:

http://www.campaignforliberty.com/edu/economics.php

To keep a pulse on what is happening visit
http://www.bullioninsider.com regularly.

Sincerely,
Steven Michaels
http://www.keepyourassets.net/