How To Protect From Bank Collapse

How To Protect From Bank Collapse

by | Mar 18, 2023 | bank Collapse, blog, Business, Crypto, gold/Silver, Inflation, Money

As a financial market expert and historian, I understand the importance of owning gold and silver to protect oneself from economic collapse. In this blog, I will explain why gold and silver are valuable assets during economic uncertainty and provide historical evidence to support this claim.

Why gold and silver are valuable assets during the economic collapse

During an economic collapse, traditional investments such as stocks and bonds can become volatile and lose value rapidly. In contrast, gold and silver have been considered safe-haven assets for centuries. This is because they are tangible assets that hold their value even in times of crisis. Gold and silver are also scarce resources that cannot be easily manipulated or manufactured, which adds to their value as a means of preserving wealth.

Historical evidence supporting the importance of owning gold and silver

Throughout history, gold and silver have been used as a means of currency and as a store of value. For example, during the Great Depression in the 1930s, the US government confiscated gold bullion and coins from its citizens to stabilize the economy. This action was taken because gold was considered a safe-haven asset that people were hoarding, causing a shortage of currency in circulation. Similarly, during the 1970s, when the US dollar declined, gold prices rose significantly, reaching an all-time high in 1980.

In recent times, the 2008 financial crisis saw a surge in demand for gold and silver as investors sought refuge from the volatile stock market. Gold prices rose by over 25% between 2007 and 2008, while silver prices rose by over 60%. This surge in demand for precious metals demonstrates their value as a safe-haven asset during economic uncertainty.

How to invest in gold and silver

There are several ways to invest in gold and silver. One way is to purchase physical gold and silver bullion or coins. This can be done through a reputable dealer or online retailer. Another option is to invest in exchange-traded funds (ETFs) that track the price of gold and silver. ETFs are traded on stock exchanges, making them more accessible to investors who may not want to purchase physical gold and silver.

In conclusion, owning gold and silver can be a valuable means of protecting oneself from economic collapse. These tangible assets hold their value even during times of crisis and have been used as a store of wealth for centuries. Historical evidence supports the importance of owning gold and silver to preserve wealth. Investors can purchase physical bullion or coins or invest in ETFs that track the price of gold and silver.

In conclusion, owning gold and silver can be a valuable means of protecting oneself from economic collapse, as these tangible assets hold their value even during times of crisis. Historical evidence supports the importance of owning gold and silver to preserve wealth. Investors can purchase physical bullion or coins or invest in ETFs that track the price of gold and silver. Additionally, owning gold and silver mining stocks can be another option for investors looking to benefit from the value of these precious metals. Investing in mining stocks can provide exposure to the potential growth of the mining industry while also helping from the underlying value of gold and silver. Therefore, owning gold and silver mining stocks and physical gold, silver, and ETFs can be valuable to an investor's portfolio. It's essential to do thorough research and seek professional advice before making any investment decisions, as the value of gold and silver can be volatile and influenced by various factors.

Why Gold Is Smart 

Protect Your IRA from Inflation

Protect Your IRA from Inflation

by | Mar 15, 2023 | bank Collapse, gold/Silver, Inflation, Money

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As we age, retirement becomes a topic of increasing importance. We want to be financially secure and comfortable during our golden years. However, one of the biggest threats to our retirement plans is inflation. If we don't take steps to protect our retirement savings from inflation, we may find that our savings don't go as far as we thought. Fortunately, there are steps we can take to protect our retirement plans from inflation, and Augusta Precious Metals can help.

What is Inflation?

Inflation is the rate at which the general level of prices for goods and services rises and, subsequently, purchasing power falls. When inflation occurs, the value of money decreases, and it takes more money to buy the same goods or services. For example, if a gallon of milk costs $4 today and the inflation rate is 3%, in one year, that same gallon of milk will cost $4.12.

How Does Inflation Affect Retirement Plans?

Inflation can have a significant impact on retirement plans. If we don't take steps to protect our retirement savings from inflation, we may find that our salvation won't be enough to cover our expenses in retirement. For example, if you retire with $500,000 in savings and an inflation rate of 2%, after ten years, your savings will be worth approximately $410,000 in today's dollars.

How to Protect Your Retirement Plan from Inflation

There are several steps you can take to protect your retirement plan from inflation:

  1. Invest in Inflation-Protected Securities: Inflation-protected securities are bonds indexed to inflation. These securities protect against inflation, as the principal and interest payments adjust for changes in inflation.
  2. Invest in Real Estate: Real estate is a tangible asset that can protect against inflation. As the cost of goods and services rises, so do the rental income and property value.
  3. Invest in Precious Metals: Precious metals, such as gold and silver, are tangible assets that have historically held their value during times of inflation. Precious metals can hedge against inflation and help protect your retirement savings.

How Augusta Precious Metals Can Help

Augusta Precious Metals is a reputable company helping people invest in gold and silver for over a decade. They offer a range of precious metal products, including gold and silver coins and bars. These products can hedge against inflation and help protect your retirement savings.

In addition to providing high-quality precious metal products, Augusta Precious Metals offers a wealth of resources to help you make informed investment decisions. They provide informative articles, videos, and webinars that cover a range of topics, including how to protect your retirement plan from inflation.

Augusta Precious Metals also offers a price protection guarantee, ensuring you always pay the lowest possible price for your precious metals. They also offer a buyback program, allowing you to sell your precious metals back to them anytime.

Conclusion

Protecting your retirement plan from inflation is essential to be financially secure and comfortable during your golden years. Investing in inflation-protected securities, real estate, and precious metals can help hedge against inflation and protect your retirement savings. Augusta Precious Metals is a reputable company that can help you invest in precious metals and protect your retirement plan from inflation.

Should I Own Gold&Silver

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