Inflation Enigma: Is America Prepared for the Inflationary Impact?
Is America Prepared for the Inflationary Impact? This prominent problem likely reflects monetary policy mistakes dating back almost since the financial crisis of 2008–09. After a decades-long hiatus, inflation is back in the news. So far, the figures this year are startling, and as anyone who remembers the great inflation of the 1970s and 1980s knows, inflation, once it gains momentum, can devastate financial markets, distort economic decision making, and [...]
Stagflation is possible for U.S. economy
JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices.In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and said inflation may be stickier for longer and that “stagflation is on the list of [...]
Biden’s ‘Double Death Tax’
Biden’s ‘Double Death Tax’ The White House is proposing what would amount to a second estate tax. The one we already have is bad enough. For more than a generation, Republicans have rallied to the flag of “kill the death tax,” and for good reason: Poll after poll shows it to be the tax that ordinary Americans find the most unfair. Democrats, understanding this, have cooperated (however reluctantly) in reducing [...]
WHY BUY GOLD?
Gold is commonly seen as a safeguard against inflation due to its ability to preserve purchasing power over time. Unlike fiat currency, the value of gold is not susceptible to depreciation caused by banks printing money. During periods of high demand, investors turn to gold, driving up demand and increasing the value of investments.
Although the price of gold may fluctuate over time, this precious metal has historically shown appreciation. As global economic expansion drives increased demand for gold in sectors such as jewelry and industry combined with supply, many experts predict that the price of gold will increase in the future, potentially enhancing IRA values.
WHY BUY SILVER?
Silver is considered a safe investment in times of uncertainty, a hedge against inflation and stocks. The use of silver as an industrial metal in many fields also affects the evolution of its prices and its prospects. Silver can protect your assets in both the long and short term. While many investors hold on to silver for years or decades to protect their portfolios, silver’s performance during times of financial stress has made it a popular investment target in recent years. With a track record that stretches back thousands of years, it’s no surprise that investors continue to rely on silver to protect their investments. In addition, for people with children, showing a physical asset by teaching them about investments and personal finance can help capture their attention and allow the lessons to deepen further. At the time of writing, silver price has gained more than 22% so far in 2024, outperforming gold, which has risen about 13% (YTD).
OPEN A GOLD IRA
You have insurance that covers almost every aspect of your life: Health insurance. Car insurance. Home insurance. Even life insurance. You hold these in case the “What If?” happens. That’s because your first priority has been—and always will be—to protect the things that matter most. But what if you’re overlooking how you can protect your own financial well-being?
While both gold and silver prices have seen solid growth this year, there is still the potential for much greater gains. With a potential recession on the horizon and a growing possibility for rate cuts later this year, there certainly is a strong underpinning for both gold and silver.
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