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The 818,000 jobs the Biden Administration was crowing about back in April – never existed.
New BLS revisions to jobs numbers from the first quarter of 2024 show 818,000 fewer jobs than were initially reported.
The current administration has been gaslighting the country on their ability to steer the economy toward full employment. Sure, they got a little bit of a PR bump when big numbers were announced. But the quiet revisions tell the real story.
Our economy is headed in the wrong direction and we don’t even know who is REALLY in charge. Joe Biden seems to be non-functional. Whoever is calling the shots is possibly going to control the Harris administration as well, if she wins.
And if you believe current polling, it is very likely Kamala Harris will be president soon. She will be able to enact her disastrous socialist economic agenda if November goes her way. She plans to wage a war on business, attacking so-called “price gougers” as if your local 7-11 is responsible for the dollar being destroyed.
Folks, we’ve tried price controls before. Every time they lead to shortages, black markets, INCREASED prices, more crime and chaos. How will the stock markets react? What will your retirement account look like after 4 more years – 4 WORSE years – of this? Sure, the number of dollars in your accounts may go up. But what will those dollars BUY when the left doubles down on everything that has been working so well?
The only thing that matters is purchasing power. You have to keep up with inflation, and the best vehicle to do that is precious metals. It’s not a big secret. Gold’s historical track record tells the story. That’s why gold is continually reaching new highs.
It was just reported that for the first time in history, gold bars – the big ones, weighing in at 400 ounces – are worth $1 million at today’s spot prices. Do you think that gold bar buys MORE things at that price? Actually, it probably does.
Really, buying gold and silver is just a way to lock in your current purchasing power for future consumption. You’ve seen savings get inflated away even as your portfolio “grows”.
As your accounts go up, so do prices. But prices go up faster.
Do you realize it now takes a down payment of $127,000 PLUS an income of over $115,000 to qualify for a mortgage on a starter home in this country? That is the amount needed get the mortgage payment down to a manageable level. Have the homes gotten better? How much did you earn when you bought your first home? What did you put down?
Embracing the enduring appeal of physical gold and silver is crucial for Americans seeking a hedge for a long-term investment. Reagan Gold Group, with expertise in gold, silver, platinum, and palladium, excels in safeguarding assets.
Our tailored consultations ensure personalized guidance, aiding financial stability preservation. In today’s unpredictable economic climate, Reagan Gold Group specializes in assisting you with acquiring physical gold and silver, providing a FREE custom consultation to kickstart your journey.
At Reagan Gold Group , we specialize in helping you hedge against these risks by assisting you with the purchase of physical gold and silver. Our experts are ready to provide a FREE custom consultation for you to help you begin the process.
*Views and opinions expressed are those of the authors they are meant for general informational purposes only, and should not be construed or interpreted as a recommendation or solicitation. Reagan Gold Group does not provide investment tax, legal financial planning, estate, planning, or any other personal finance advice. Reagan Gold Group holds no liability for the accuracy, or timeliness of the information provided.
**Note – The Reagan Gold Group is not affiliated with the Reagan Library or the Reagan Foundation in any way. We’re just fans of Ronald Reagan and what he did for American gold ownership as president.
Contact us to learn how you can “recession-proof” your retirement & unlock massive hedging opportunities.
