Safeguarding Your Retirement Savings and Investments | The Gold Standard 2327

1 year ago
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Welcome to a new episode of THE GOLD STANDARD – your source for secure investment opinion and information on the advantages of owning physical precious metals. Hostess Jennifer Horn, and her guest Ken Russo, Senior VP of the Midas Gold Group, discuss the state of geo-politico economics and how these various things could impact your retirement savings and investments. Together they explore the ever-changing landscape of geo-politico economics and its profound implications for retirement savings and investments. Ken draws our attention to many troubling trends, such as disturbing plans coming out of the World Economic Forum.

Established in 1971, curiously the same year Nixon took the US off the gold standard, the World Economic Forum, or WEF, brings together influential leaders from various sectors, including government, business, academia, and civil society. The mission of the WEF is to solve some of the world’s most complex challenges through collective action and collaboration among its diverse stakeholders. Klaus Schwab, the founder and executive chairman, clarifies that the organization wants to transform a buying system into a renting system with no monetary privacy.

Ken quickly reviews the seven stages of an Empire and reminds us that historical patterns repeat themselves and that gold is still money and has been money for thousands of years. Governments, economists, and the powers that be on Wall Street disparage gold as money because to do so would limit their power and influence. There have been three international monetary system collapses in the twentieth century. There were 1914, 1939, and 1971 when Nixon took us off the gold standard.

The subsequent collapse will come because more and more people worldwide will question the confidence of the US dollar as a value store. And we’ve seen signs of it already across the world. We’re witnessing the end of one cycle and fast approaching a new one. The new world order is taking shape in the form of Central Bank Digital Currency (CBDC). In this cashless society, all transactions are digital transfers and have digital records, and a planned 15-minute city, where everything you could need is a fifteen-minute walk from where you live. Suppose you stand back and look at the big picture. In that case, it’s all about governments having more control and monitoring every movement.

The US Government is addicted to the rush of printing currency to cover its debts. They’ve been doing it for decades without a corresponding increase in the production of goods and services. High levels of sustained and unchecked money printing without the support of economic growth and prudent fiscal management lead to significant long-term financial challenges. These challenges will have a corrosive impact on your retirement savings. One administration after the other spends beyond its means. None of our leadership has stopped the presses long enough to deal with the underlying issues that keep accumulating government debt. Excessive money printing by the US is one of the contributing factors to the growing instability of the US dollar.

Preserving the spending power of your savings over time involves diversifying your investments—precious metals like gold and silver are a reliable store of value and a hedge against inflation. By allocating a portion of your portfolio to these metals, you can safeguard against economic uncertainties and the erosion of purchasing power caused by inflation. Investing in precious metals provides a tangible asset that counterbalances traditional financial markets.

Ken shows one of the many bullion products the Midas Gold Group offers. In this episode, he holds up a one-ounce Gold Maple Leaf. Minted by the Royal Canadian Mint, this iconic bullion coin showcases the remarkable craftsmanship and unwavering commitment to quality for which Canada is renowned. Struck from one troy ounce of 99.99% pure gold, the Gold Maple Leaf encapsulates timeless beauty and intrinsic value. Its obverse features a regal portrait of Queen Elizabeth II. At the same time, the reverse proudly displays Canada’s national emblem, the iconic maple leaf. With its impeccable design, superior purity, and trusted authenticity, the One-Ounce Gold Maple Leaf is a coveted asset for investors, collectors, and those seeking to preserve their wealth with a tangible and universally recognized form of currency. Whether admired for its aesthetic allure or embraced as a reliable store of value, the Gold Maple Leaf represents the epitome of excellence in the world of precious metals.
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