At the voting booth this November 2024, hard-working Americans will be counting on their favorite candidate's economic plan to help protect their savings & retirement plans...
But unfortunately, this strategy of "hope" might not be enough — no matter who wins the election.
Here's why:
Back in 1835, president Andrew Jackson shocked the country by paying off the entire national debt, leaving the U.S. with extra cash & no obligations.
After that fateful day — almost 200 years ago — the government has never again returned to being debt-free... and the value of the U.S. dollar has been in spectacular decline, decimating everyday Americans' piggy banks & purchasing power.
Throughout the years, presidents from each side of the aisle have come and gone, but the debt has continued climbing to dangerous levels.
And it didn't help when the Nixon administration detached our currency from proven assets by abandoning the gold standard in 1971. This allowed the Central Bank to print as much money as it pleases — no matter the devastating consequences. The corresponding "silent tax" of inflation has chipped away at the retirement dreams of millions.
As you can see, this is not a "right" or "left" thing... In many ways, all politicians are playing a dire game of "musical chairs" as the total debt eclipses $35 trillion and the threat of a catastrophic American bankruptcy looms. If and when that happens, most Americans could see their savings wiped out forever.
So, what can you do to help protect yourself & your family against this uncertainty?
You could do the same thing that Central Banks all across the world have been doing at record levels in 2024:
Invest in GOLD — Click HERE for a free guide to see what fellow Americans are doing to help protect their accounts.
Countries around the world believe America is on shaky financial & political footing. That's why The People's Bank of China, the Reserve Bank of India, the Central Bank of Turkey, and others have looked for a traditionally safe haven in gold — driving demand to an all-time high. These foreign countries want to avoid the debasement of their own currency after witnessing the dramatic plunge of the dollar.
Famed billionaire investors like Lord Jacob Rothschild & leading hedge fund manager Ray Dalio have also recently expressed the importance of diversifying in gold. Rothschild said investors should focus on preserving wealth as banks conduct "the greatest experiment in monetary policy in the history of the world."
America's irresponsible spending has been a tale of caution for institutions and individuals, alike. So, just because the U.S. government refuses to fully back their money with real hard assets does not mean you need to do the same.
No comments:
Post a Comment