The push to exchange gas for electric in transportation is an idea that has ironically placed the proverbial cart in front of the horse. While the problems of an inadequate power grid, too few charging stations, short range, high costs, long recharging times, and battery fires are real, there are two gigantic issues looming that rival them all.
Current state and federal gas-tax regulations siphon off more than $53 billion a year in tax revenue; for reference, about 67 cents from every gallon of gasoline purchased in New York, and around $1.18-per-gallon in California. Those taxes account for more than a quarter of the expense of road and highway costs around the nation. No such system of taxation exists for electric vehicles. For every ten-percent reduction in gas vehicles being replaced by electric, a resulting decrease of more than $5 billion in tax revenue will occur. Add this to the […]
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It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
