"GOLD and SILVER Are Money,
Everything Else Is Credit"
- J.P Morgan
Everything Else Is Credit"
- J.P Morgan
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When you click on these links and make a purchase, I may receive a commission at no additional cost to you.
I only promote companies that I have personally used or researched and believe will add value to our readers.
Disclosure:
The content I provide here isn’t financial advice and cannot be taken as such. Please speak to your financial advisor before making any investment decision.
Also, note that every investment comes with its own risks and drawbacks. Lastly, I would like to remind you that past results cannot guarantee future returns.
The content I provide here isn’t financial advice and cannot be taken as such. Please speak to your financial advisor before making any investment decision.
Also, note that every investment comes with its own risks and drawbacks. Lastly, I would like to remind you that past results cannot guarantee future returns.
US Debt Disaster
With the U.S. national debt ballooning to over 35 Trillion (Source), analysts are starting to question whether traditional investments, like Treasury bonds, can still provide stability.
The answer, according to Bank of America’s latest report (Source)t, is simple. Gold is now the ultimate safe bet. The metal has already shot up more than 30% (Gold Chart) this year thanks to a variety of factors.
Along the US National Debt, the cost to service that debt is OVER $1.2 Trillion (Source), and inflation is rearing its ugly head.
Now may be a good time to investigate the use of Gold or Silver as a hedge to protect investments against inflation especially with Gold & Silver at Historic Highs.
The answer, according to Bank of America’s latest report (Source)t, is simple. Gold is now the ultimate safe bet. The metal has already shot up more than 30% (Gold Chart) this year thanks to a variety of factors.
Along the US National Debt, the cost to service that debt is OVER $1.2 Trillion (Source), and inflation is rearing its ugly head.
Now may be a good time to investigate the use of Gold or Silver as a hedge to protect investments against inflation especially with Gold & Silver at Historic Highs.
Inflation can cut into a portfolio just as much as any other form of risk. The declining value of the dollar can put pressure on stocks, as well as savings accounts and bond holdings.
But more important for retired Americans, they should be looking for ways to protect their life saving. One way is to diversify and protect their retirement savings against economic and geopolitical uncertainty.
Be it debt ceiling worries, high inflation, high interest rates, high government spending, dollar devaluation, or overall unpredictable markets, retirees are truly in a “pick your poison” situation that our nation has never experienced before.
One defensive investment strategy gaining prominence is the conversion of part of your IRA or 401(k) into physical gold.
Here's why this could be beneficial:
Hedge Against Inflation and Deflation:
Gold has historically been a powerful hedge against both inflation and deflation. Gold has had intrinsic value, and had purchasing powers when paper currencies lost their value.
But more important for retired Americans, they should be looking for ways to protect their life saving. One way is to diversify and protect their retirement savings against economic and geopolitical uncertainty.
Be it debt ceiling worries, high inflation, high interest rates, high government spending, dollar devaluation, or overall unpredictable markets, retirees are truly in a “pick your poison” situation that our nation has never experienced before.
One defensive investment strategy gaining prominence is the conversion of part of your IRA or 401(k) into physical gold.
Here's why this could be beneficial:
Hedge Against Inflation and Deflation:
Gold has historically been a powerful hedge against both inflation and deflation. Gold has had intrinsic value, and had purchasing powers when paper currencies lost their value.
Portfolio Diversification Against The Markets:
Adding physical gold to your portfolio can reduce volatility and risk, as gold often moves independently of stocks and bonds. (Gold At Historical Highs - Gold Chart)
Tangible, Secure “Hard Asset”:
Physical gold is a real, tangible asset that you can hold, unlike digital or paper assets which can be vulnerable to cybersecurity threats and systemic failures. Also, unlike other fiat currency, gold has no counter-party risk.
Historical Store of Value:
Gold has maintained its value throughout millennia, standing strong through countless economic crises and downturns.
Maintain Purchasing Power:
Unlike many other assets, an ounce of gold has maintained its purchasing power through centuries, and is currently experiencing historic highs. Gold Chart
These reasons are why central banks have been ramping up their gold reserves at a record pace since 2013. (Source)
And it’s not just central banks… Institutional and HNW investors have also allocated a portion of their portfolio to gold and silver to preserve their wealth.
Noble Gold Investments, specializes in helping 401k and IRA owners through the process of converting part of their savings to physical gold. As an A+ rated company by the Better Business Bureau, they prioritize transparency, integrity, and your financial security above all else.
Don’t be left behind, request your Free Gold IRA Guide today to learn more about how you too can diversify and protect your portfolio in 2024.
Gold & Silver Is On The Rise
Millionaires Hedging
Their Bets With Gold
Paul Tudor Jones
$7.5B Net Worth
5% gold allocation
$7.5B Net Worth
5% gold allocation
Kevin O'Leary
$400M Net Worth
5% gold allocation
$400M Net Worth
5% gold allocation
Ray Dalio
$19.1B Net Worth
8% gold allocation
$19.1B Net Worth
8% gold allocation
Kyle Bass
$3B Net Worth
10% gold allocation
$3B Net Worth
10% gold allocation
Rick Rule
$133M Net Worth
10% gold allocation
$133M Net Worth
10% gold allocation
Jim Rickards
$19M Net Worth
10% gold allocation
$19M Net Worth
10% gold allocation