Soft money is fiat money (also known as “Loonies” in Canada) demanded by governments and issued by central banks.
The Bank of Canada issues Loonies to pay for bonds that are issued by the Government. The Government uses those Loonies to fund its expenses (because the direct tax it collects from you isn’t enough!!).
The more Loonies demanded by the government and printed by the Bank of Canada, the less each Loonie is worth, and the less you can buy with each dollar.
This destruction in purchasing power is called inflation. It is the silent killer of your wealth.
Hard money assets are not subject to “over printing” and inflation the way fiat currencies like the Loonie and Greenback are. The best hard money assets are those that have a very small amount of it created over time relative to how much is currently available. This makes it a great store of value and helps protect your wealth against inflation. The most common and popular form of hard money is gold. Gold has been used for centuries to store wealth and protect against inflation. More recently, Bitcoin has emerged as a hard money alternative. Bitcoin has not yet matured to the point that it is immune from the volatility of speculators, but in time it will prove to be an ideal (perhaps best) form of hard money to defend against the destructive forces of soft money and inflation.
Red Jacket offers several ways to gain access to these hard money assets. Some offer direct exposure, some offer direct exposure with yield to enhance your income, and some offer hedged exposure to help reduce volatility.