Where are we going in regard to the economy and currencies? The economy has been on a tear for years, but is it sustainable? Have you noticed that the Federal Reserve has borrowed money from itself relentlessly and is insolvent? The only way the Federal Reserve can get away with this is because it’s the government. To better explain, if the Federal Reserve fails, the economy fails, and nobody wants the economy to fail. This all might sound like bad news for the best gold IRA companies, but that’s not the case at all. Look at this situation a little deeper.
Looking Deeper
From an investment standpoint, people usually buy gold and silver when there is fear. Most people would think this means to buy gold and silver when the stock market is doing poorly because it indicates fear. However, this is a very different time. The stock market is near all-time highs. At the same time, investors know that the stock market is being propped up artificially. Therefore, despite the stock market being near all-time highs, there is still fear, which has led to gold and silver prices remaining high. This is ideal for the best gold IRA companies as well as gold investors.
Reverse Catch-22
The point is that regardless of what the stock market does, gold and silver prices are likely to stay high. Either stocks remain high and gold and silver prices maintain their current range, or the stock market falters and gold and silver prices skyrocket. You can’t eliminate the possibility of stocks going higher and investors being genuinely optimistic, but that is highly unlikely due to all the debt circling the world. You simply can’t grow organically when enormous debts are present. This is good news for the best gold IRA companies as well as one very good reason to consider looking into them deeper.
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