
We are deeply concerned about what is going on now. The speed with which things are changing is alarming. The increase in interest rates isn’t about how much things have changed, but rather the speed at which they are changing. You need to be aware as it’s critical to your retirement nest egg and future well-being. There is a time to think about what you see happening, and there is a time to act. I’m suggesting that the time to act is now.
Here is what you should know. The world is de-dollarizing and at an alarming and accelerating pace. Brazil, the second-largest exporter of corn in the world and China have just struck a deal to ditch the U.S. dollar in favor of their own currencies in trade transactions. All the BRICS nations along with the ever-expanding list of countries that comprise the BRICS+ nations, either already have or soon will trade outside of the dollar. The Saudis have applied to join the BRICS and will soon accept any major currency for their oil. We believe the U.S. Dollar’s days as the sole world reserve currency is over! What does this mean for you? Much higher inflation (the dollar will be worth less) and rapidly rising prices.
What is the impact on physical precious metals? The demand is based on FEAR, not GREED. Fear is the strongest motivator. The banking crisis, which is just getting started, has motivated people to convert their dollars into actual physical gold and silver, tangible assets they can privately own in their possession which can be held and given to family members privately or sold at any time for cash anywhere. This large demand leads to two things: higher premiums and shortages in the types of gold and silver coins available in our inventory and in the marketplace overall.
As an example, the U.S. Mint cannot keep up with gold and silver coin demand. The Austrian Mint and the Canadian Royal Mint are cutting back on allocations, all of the mints will soon follow suit. And this time, the fundamentals are so strong that the rush into gold and silver will not abate; it will only increase.
This is not the time to sit back and think about what to do. This is not the time to wait for the you-know-what to hit the fan. It already has, if you are paying attention.
You need to understand the concept of wealth. We do not measure our wealth in mere dollars, but rather in ounces of hard assets. Pensions, IRA’s old 401k’s or similar retirement accounts with 6 or 7 figures $$ are not guaranteed to hold value. Let me repeat this again. IRA and similar accounts have no guarantees to grow and hold value in a deep recession. 2008-09 U.S. real estate and bank failures caused a 50% drop in S & P 500 stock index and people lost trillions $ of dollars of value. He taught me that there comes a time when one must focus on the protection of their capital, rather than the return on their capital. And that time is now.
It is becoming increasingly clear that the banking system is in a state of disarray and is at risk of implosion. You would also be wise to avoid denominating your wealth in paper dollar-based investments, such as stocks, bonds, and ETFs. Even investing in gold and silver through an ETF would be unwise, as these will only pay you back in dollars, which is precisely what you should be trying to avoid at all costs. Gold and silver demand escalates as there is an inverse correlation to the USD value and now banks are in trouble and so is the US Dollar again.
The time to act is now, before prices skyrocket and availability disappears altogether. But before demand increases by a factor of ten just to reach that mean, the supply of these hard assets will have run dry, and you will be left with nothing to show for your investment.
We implore you to act now and convert as many of your dollars as possible into tangible assets before you lose your nest egg before you even realize it. Call us today (715)-318-GOLD or contact us here. Be safe and happy spring!