The Calm Before the (Financial) Storm | The Gold Standard 2322

1 year ago
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In this episode, Jennifer Horn talks about The Calm Before the (Financial) Storm with Ken Russo, SVP of the Midas Gold Group. Together they peel back the layers of our economic landscape and reveal the turbulence ahead. The problems we face today have been decades in the making. As an expert in the field, Ken Russo brings his extensive knowledge of finance and precious metals to the forefront, offering an informed perspective on the signs and indicators we need to know about. He recaps some of the most significant factors contributing to the approaching financial storm. From mounting debt levels worldwide, rate hikes, and inflationary pressures to geopolitical tensions and the bank liquidity crisis, Ken cuts through the noise and brings it all into sharp focus. He points out that “all our politicians have contributed to our country’s financial problems.” Chief among these troubles is the country’s sovereign debt, our national debt.

The national debt, or sovereign debt, is the money government owes its creditors. The US national debt has reached staggering levels, presenting a significant concern that can have far-reaching implications for our retirement savings. The national debt was about $900 billion when President Reagan took office. However, today, the national debt has skyrocketed to over $30 trillion and continues to grow. To say we’re trending in the wrong direction is an understatement. This alarming trend raises serious questions about the long-term stability of our economy and the potential impact it can have on our retirement savings. As the debt continues to climb, it strains the economy and increases the risk of inflation and higher interest rates. Inflation erodes the purchasing power of our savings, making it harder to maintain our standard of living during retirement. To safeguard our retirement savings in this uncertain landscape, it becomes crucial to diversify our portfolios with tangible investments in assets like precious metals.

Across the globe, countries are burdened with mounting debt, resorting to borrowing and printing currency to meet their financial obligations. This concerning trend raises serious questions about the long-term stability of the global economy and its potential ramifications for individual investors and retirement savings. As more countries engage in excessive borrowing and monetary expansion, inflation, and currency devaluation risk loom. Such economic challenges will erode the value of savings and investments.

In times of turmoil and uncertainty, diversifying one’s investment portfolio with precious metals offers a tangible and reliable store of value. Gold and silver, with their enduring allure and timeless appeal, have long been recognized as crucial assets for protecting wealth. Unlike fiat currencies or financial instruments that can be subject to volatility and unpredictable market forces, precious metals provide a sense of security and stability. Their intrinsic value and limited supply make them tangible assets that can weather the storms of inflation, economic crises, and currency devaluation. By including gold and silver in your investment strategy, you establish a solid foundation and fortify your wealth against the uncertainties that lie ahead. These precious metals act as a shield, preserving your purchasing power and providing reassurance in times of financial turmoil.

The 50-gram gold Valcambi CombiBar represents the pinnacle of ingenuity and convenience for precious metal investors. Crafted by the renowned Swiss refinery, Valcambi, this exquisite gold bar breaks down into 50 individual 1-gram bars, each securely stamped with its weight and purity. The innovative design allows investors to easily divide or combine the bar according to their needs, offering unparalleled flexibility and liquidity. The 50-gram gold Valcambi CombiBar is composed of .9999 fine gold, making it a prime example of the refinery’s commitment to producing high-quality products. With its elegant design and exceptional craftsmanship, this bar represents a valuable investment in gold. It showcases the beauty and prestige associated with owning precious physical metals. Whether you seek to diversify your portfolio, preserve wealth, or appreciate the allure of fine gold, the 50-gram gold Valcambi CombiBar is a testament to the artistry and functionality of precious metal investment options.

Subscribe now to The Gold Standard to gain access to a wealth of financial knowledge. Don’t miss out on future episodes where we continue bringing insights into preserving your wealth through diversifying with precious metals. Remember to like, comment, and share this valuable information with others.
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Gold IRA: https://www.midasgoldgroup.com/gold-ira/
Invest in Gold: https://www.midasgoldgroup.com/buy-gold/
Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/

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