Sept. 1, 2023
You worked for FREE for two months this year!
Inflation could easily reach 20% by year-end. What does that mean in daily life?
Everything costs more in the shops. Because our money is worth less, we must pay more for the same full shopping basket—if we can still fill it—which means we also have to work more.
Overall, at 20% inflation we lose roughly TWO months; currency depreciation consumes them.
The same danger threatens not only everyday life but our savings. If you had 10 million forints at the start of the year, by year-end it will buy only 8 million forints' worth. Its purchasing power has fallen by that much. You lost 2 million simply by holding it in forints.
It is time to find a form that preserves value. Gold has been used to preserve value for thousands of years, and the security it provides in uncertain times is known to be priceless.
There is nothing to wait for—own gold!