Inflation in Mexico
Lately El Imparcial has had many articles about the excessive inflation. Sonora is the hot dog capital of Mexico. A steamed bun with one or 2 weibies is stuffed full of onions, tomatoes, chilis, mayo ...
Forum Discussion
Playaboy, you have made an important point! AND it is so easy to do, but doing that is very volatile; you have to keep your eye on the precious metal markets all the time. When you trade in nothing but those markets, it is very high risk, and you have opted out of investment in your local economy. The economists call it "hoarding." However, buying a small amount of gold on the market during bad times is a good thing to do; an example, during the "Great Recession" of 2008, owning a little gold "hedged" against losses incurred in the market then for about 10-12 years. Slowly, you sell the gold (as price of gold going down) as the economy and its markets start making a come back. Use gold as a "tool;" not to make a lot of money because too many well-heeled people across the world like to try to control the price of it.
