As the vaccine rolls out and Biden pushes his aggressive vaccination schedule with a history $ 1.9 trillion relief bill, policymakers and the Fed have proven that they will fix all problems – health and economics – by printing money.
If you add up all the money United States at already printed in the country’s history, over 40% of it was printed in 2020 alone.
For only three months in 2020, United States increased his deficit by After than it had during the last five recessions combined (i.e. 1973, 1975, 1982, the early 1990s and the great recession of 2008-2009).
With theaters and restaurants closed, discounted prices on airlines, empty hotels, and government benefits paid or under development, Americans can have as much as $ 2 trillion in additional cash raised in the spring.
According to Jack hanney, CEO of Patriot Gold Group, “Printing too much money from the Fed to deal with this pandemic and lock in like most things in life is a double-edged sword: it’s a blessing and a curse, as well as a fuel for economic recovery, but can also lead to a price explosion that policymakers will have no way out of like after World War II. “Mr. Hanney continues:” The Fed policy remaining firmly in bailout mode, with interest rates close to zero, and a Biden administration that plans to use reconciliation to push through its aggressive agenda is the spark that will ignite a flame that could turn into hell. goods and services. “
Mr Hanney goes on to say, “When the vaccine kicks in and the sun rises, spring is in the air and Americans have been locked up for over a year, the mountain of money that will flood restaurants, hotels, airlines, commodities, goods and services, and are driving prices soaring like we’ve never seen before, spurring demand for gold as a hedge against inflation at a time when we see than the physical offer most forced that we have seen in a decade. Gold American Eagle sales rose 455% in 2020 as smart money sought refuge from record money supply expansion, record federal budget deficits and Infinity QE. He continues, “Inflation is wrong news for consumers, but it’s good for gold and silver. ”
Bloomberg Intelligence and Saxo Bank raised their money forecast to $ 50 an ounce in 2021 based on excessive money printing and Biden’s commitment to renewables. Additionally, Bank of America raised its gold forecast to $ 3,000 per ounce, indicating a trend that suggests a 70% surge in gold prices could occur in 18 months.
Patriots Serving the Patriots Announces Reimbursement of “Inflation Protection” Fees on Many Pre-Tax Day Retirement Options April 15e 2021
Patriot Gold Group presents the “2021 Inflation Protection America First IRA” with our FREE LIFETIME IRA for Qualifying IRAs. Patriot Gold Group is lowering the minimum requirement for our FREE LIFETIME IRA and waiving fees for separate, secure and insured storage of your safe-haven assets, in addition to waiving registered and insured shipping charges to your home so that you – A fellow American – has one less thing to fear. Patriot Gold Group also waives most fees on IRA accounts opened up to tax day April 15e 2021.
Call the Patriot Gold Group at 800-974-4653 (GOLD) for exclusive details on our incentives, or if you simply have questions regarding current market performance. We’re here to help, be of service, and to adhere to that altruistic principle that led the Department of Consumer Affairs to recognize Patriot Gold Group as the top IRA gold and silver dealer across the board. nationwide for five consecutive unprecedented years (i.e. 2016-2020).
About Jack hanney Jack Hanney is the CEO and Co-Founder of Patriot Gold Group, and a nationally sought-after speaker and financial guest. Recently featured on Fox Los Angeles Have a nice day LA, OANN and FOX23 Tulsa, he was asked about his ideas regarding the global health crisis and its impact on the economy, and he accurately forecast the challenges of reopening the economy, mortgage delinquencies and the subsequent downturn in the economy. market. Here: FOX23TULSAJACKHANNEY (CLICK ON THE LINK)
About Patriot Gold Group Patriot Gold Group (www.patriotgoldgroup.com) is a national investment group with over 50 years of experience investing in precious metals. Company has been ranked Top IRA Gold & Silver Dealer by Consumer Affairs for five consecutive unprecedented years (i.e. 2016-2020), is rated A + by the Better Business Bureau, has achieved a 5-star TrustPilot rating , and has been endorsed by New York Times bestselling political consultant and author Dick Morris.
SOURCE Patriot Gold Group