Posted By Isaac Nuriani
Well not so fast, Janet Yellen. You’re about to retire and guess who picks your replacement as the Federal Reserve Chairman? None other than Donald Trump. Now, given everything we know about The Donald, do you think he is interested in raising interest rates? Forgetaboutit! Mr. Trump campaigned on raising the GNP growth rate to 4.5 percent. In my opinion, the last thing he wants is to stymie growth by increasing interest rates.
I won’t be surprised if President Trump’s pick to head up the Federal Reserve is an inflation dove – that is, someone who doesn’t think we have to raise interest rates when things finally start to improve. Sure, inflation might pick up – in fact, Janet just bet that it will – but I think that the problem is overblown right now.
In the long-run, inflation could get out of hand, there is no doubt about it. That may scare the average John and Jane Q. Public, but gold bugs have a different perspective. We say: Bring It On! We collect gold precisely because it is a hedge against inflation, unlike printed money that simply loses its buying power as inflation rises.
The cycle has happened repeatedly since days of ancient yore. Whenever they print too much phony money, real money (like gold) gains in value. So the answer to inflation worries isn’t to raise interest rates – the answer is to invest in assets that benefit from inflation. We believe it’s time to invest in gold. And there is no better way to do so than to open an Augusta™ Gold IRA. You can contribute up to $6,500 a year, take it as a tax deduction, and buy gold coins that are tax sheltered as long as they remain in the IRA. Really, it’s a no-brainer.
We are in the Trump era now, which means fast growth. Protect yourself from the ravages of inflation by opening an Augusta Gold IRA today!
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