This week, Fitch downgraded the U.S. government’s long-term credit rating from AAA to AA+, despite the protestations from Treasury Secretary Janet Yellen. In reality, our long-term credit shouldn’t even be worth a D rating.
There’s a reason why Jerome Powell not only raised interest rates but indicated that rates will be elevated for quite a while and possibly go up again later this year. Despite the fake data from the White House suggesting inflation has been defeated, Powell knows exactly what is coming. His predecessor, Janet Yellen, who is now secretary of the treasury, plans to issue a biblical level of debt this year, which will induce endless inflation. Unfortunately for Powell, no number of interest rate hikes will be able to curb the inflation tidal wave rising from the debt tsunami. High interest rates will just further depress the economy and government revenue, thereby making the debt even more […]
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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.
