Government Policies Could Affect Your Retirement – with this Financial Instrument

Have you noticed? The U.S. government sometimes uses crises to introduce new controls.

Take the PATRIOT Act.

Just 45 days after 9/11, thanks to this legislative act, the government gained new powers of control.

The pandemic was another perfect example.

Washington bureaucrats increased Americans' dependence on the government through stimulus checks.

But at the same time, it increased some U.S. citizens’ dependence on government through spending bills that expanded an already overgrown safety net.

In a way, this amounts to an expensive social engineering experiment:

"...the most significant expansion of the nation’s safety net since the war on poverty in the 1960s ... legislation that would touch virtually every American’s life, from conception to aged infirmity."[1]

– Jonathan Weisman

This could cause problems for American citizens.

  • Massive spending increases, no matter what legislative act they are a part of, could intensify already rapidly growing inflation & consumer prices.
  • Average annual deficits are projected to be in the trillions going forward.[2]
  • This spending could grow the deficit another 60% in 10 years (with proposed legislation).[3]

 

NOW, add this new financial instrument:

a “digital dollar.”

Fed chairman Jerome Powell said: The digital dollar is a “high-priority project for us.”[4]

This could mean...

  • Every dollar you receive or save could be tethered to the Fed system.
  • We could witness dollar-debasing ultra-negative interest rates.[5]
  • Personal transactions could be digitally traceable.[6]

Here is the good news:

If you have an IRA, 401(k) or other retirement account, we can show you a little-known alternative: backing your retirement with physical gold and silver...

Respected professionals often tell us gold and silver are important to diversifying retirement savings.

Before becoming chairman of the Federal Reserve, Alan Greenspan shared his view of deficit spending – and the only way to defend against it:

"Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights."[7]

– Former Federal Reserve Chairman Alan Greenspan

The same could be said of the digital dollar. Will it be just another way to control money?

Even Wall Street managers are planning a big move to gold.[8] Shouldn’t you consider it too?

Don’t stay in the dark and be blindsided by the potential negative effects of these changes! Get the information you need to take action!

Establish your financial legacy with gold and silver.

And do it with a company named the most-trusted gold IRA company in America: Augusta Precious Metals.

 

Diversify your IRA or 401(k) account.

Get this free gold and silver IRA guide from Augusta Precious Metals.

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For more information about Augusta Precious Metals and the physical silver or gold IRA to help diversify your retirement savings, visit us at Augustapreciousmetals.com. Or call us at 800-700-1008 to speak with someone right away.

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[1] Jonathan Weisman, New York Times, “From Cradle to Grave, Democrats Move to Expand Social Safety Net” (September 6, 2021, accessed 12/27/21).
[2] Committee for a Responsible Federal Budget, CRFB.org, “Updated Budget Projections Show Record Debt by 2031” (November 15, 2021, accessed 12/27/21).
[3] Ibid.
[4] CNBC.com, "Fed's Jerome Powell: Digital dollar is 'high-priority project for us" (February 23, 2021, accessed 12/27/21).
[5] James Mackintosh, Wall Street Journal, “Digital Currencies Pave Way for Deeply Negative Interest Rates” (September 8, 2021, accessed 12/27/21).
[6] Andrew Ackerman, Wall Street Journal, “Fed Prepares to Launch Review of Possible Central Bank Digital Currency” (October 4, 2021, accessed 12/27/21).
[7] Adam Summers, Reason.org, “In Honor of Ayn Rand: Alan Greenspan on the Gold Standard and Economic Freedom (1966)” (November 2, 2009, accessed 12/27/21).
[8] Greenwich Associates and World Gold Council, “Rethink, Rebalance, Reset: Institutional Portfolio Strategies for the Post-Pandemic Period” (July 8, 2021, accessed 12/27/21).

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