While there are no guarantees of a winning investment formula that will completely protect you from the coming economic storm, history has favored precious metals, and gold in particular
San Diego, CA (PRWEB) July 14, 2015
Personalincome.org, a website that is devoted to providing people with reliable information on how they can effectively manage their money, has just posted an interesting article that discusses the predicted rise in the gold spot price, and the importance of investing in the precious metal.
Titled “The U.S. Government is Flat Broke and Desperate – The Where, Why and How to Store Your Physical Gold Overseas,” the new article is already getting a lot of attention from readers who are hungry for information about this important topic.
In addition to discussing the increase in the spot price of gold, which the article said is expected to take place in the fourth quarter of this year due to an upcoming financial crisis, the thought provoking article also discusses the fascinating history of gold, as well as how a gold IRA may be the best option for retirement savings.
“If you are worried about the sad state of America’s finances it’s time to start taking action,” the article said, adding that it is probably time for people to move some of their investment capital into physical gold, and even move it overseas where it will be safe from repercussions here at home.
The article includes troubling statistics from US Debt Clock.org, a website that continually tracks the United States’ financial situation. According to the site, the U.S. national debt is currently around $17.6 trillion, or about 105 percent of the gross domestic product (GDP). The country’s total debt from all sources is $61.6 trillion, and the unfunded liabilities—mostly Social Security and Medicare—are $122 trillion, or around 726 percent of the GDP.
“Given the numbers above, it’s hard to imagine an outcome other than hyperinflation – and certainly not one that will be at all optimistic. Your only choice then is to prepare for the worst,” the article on Personalincome.org noted.
“While there are no guarantees of a winning investment formula that will completely protect you from the coming economic storm, history has favored precious metals, and gold in particular.”
An article on Physicalgoldinvestments.com, a website that the founder of Personalincome.org created to emphasize the importance of investing in gold, also concluded that investing in physical gold may be the best answer for retirement savings—especially in light of the upcoming financial collapse.
Personalincome.org was created to provide people with alternative investment strategies to help them build a solid financial foundation when they are educating themselves about their future retirement. The site goes in-depth about precious metals, IRA's, 401k, annuities, asset protection, estate planning, and many more retirement focused topics. For more information, please visit http://www.personalincome.org/