Augusta is the trusted leader in Gold and Silver IRAs. Complete the form, or call us now at 855-242-4121 to discover how we can help you secure your retirement.

Record Household Debt Could Signal Financial Crisis

20 Aug

Americans recently achieved a dubious milestone: highest amount of household debt in our nation’s history. Although many are saying “no big deal” in spite of the stunning number, a closer look at the profile of American households carrying that load shows just how many are ill-equipped to stay afloat. A large number of households are hanging on by a thread financially. If they go down, it’s a good bet the whole economy will go down with them. According to the New York Federal Reserve, borrowing by U.S. citi...

Weekly Touchpoint: Venezuela Inflation to Reach 1 Million %

10 Aug

Fight U.S. Inflation with Gold Governments and central banks that can print as much money as they want to also have the unfortunate ability to behave as recklessly as they choose with their nations’ financial resources. In Venezuela, once Latin America’s most prosperous nation, multiple policy failures of the first order have put the country squarely on the road to an astronomical level of wealth-evaporating hyperinflation. Other indicators suggest U.S. inflation could rise as well, but many investors know they...

Investing Giant Says 70% Dow Jones Drop Is Coming

10 Aug

You may be familiar with the saying “Just because you’re paranoid doesn’t mean they’re not out to get you.” It’s an idea we could apply to the views of big-time investment manager John Hussman, president of the Hussman Investment Trust. Hussman is famous for regular predictions of market doom, many of which did not come to fruition. However, the investing giant did accurately predict both the 2000 and 2007–2008 crashes, so he is hardly without credibility. I believe his most recent assessment of the m...