The Falling Dollar | The Gold Standard #2103
https://www.midasgoldgroup.com/
Kenneth Russo, VP of the Midas Gold Group talks with Dave Deno about the falling #dollar. Kenneth points out how the weakening of the dollar is a threat to our economy and every citizen. The danger to your savings and investments cannot be overstated. There is a real possibility of currency collapse.
In this episode, Kenneth echoes what many of the leading economists have been warning us about. Think that a currency collapse can’t happen to the US dollar? You might want to consider what history has shown. Remember what happened to Ancient Rome and Athens. Since the 1900s Argentina, Ukraine, Hungary, Iceland, Venezuela, and Germany, have all experienced currency crises. Look around today, in our own country, the tell-tale signs are there.
Prolonged periods of low growth, mounting debt, and growing inflation are signs of instability and troubled times ahead. When people begin losing confidence in their currency as a medium exchange, it begins to fall. Investors are worried that the US dollar will continue to fall to the point of collapse the way the German Papiermark did in 1921.
Later in the program, Kenneth introduces us to the world’s first-ever gold #bullion coin. The Gold #Krugerrand was first minted by the South African government in 1967. It was the first bullion coin to be made available for private investment.
Whether you are new to buying #preciousmetals or you’ve been investing in gold and silver for years, you’ll find the conversation informative and insightful. It’s not too late to begin protecting yourself against the ravishes of inflation and a highly speculative market. Learn more about how you can diversify your portfolio today.
The Midas Gold Group is proud to be America’s #1 veteran-owned #gold dealer. supporting veterans causes with a portion of profits donated to the Wounded Warriors Project and the Semper Fi Fund. So your investment in your future is also an investment in the future of those who have bravely served the cause of freedom.
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