The Value of the Dollar During Uncertain Times
It would be an understatement to say that COVID-19 has shaken up the economic foundations of countries throughout the world. Forcing businesses to shut-down shop and retreat to remote working, the pandemic has left an unprecedented financial landscape in its wake.
As the government introduced federal reserve stimulus packages, industries waned and the focus turned towards the true value of our dollars. Is the American dollar as certain as we once thought? This has been the question on many minds since the beginning of 2020 – the year when all of a sudden, the balance in a bank account didn’t hold as much weight. This year, the term “smart investing” begins to take on a new meaning.
With the economy of our country suffering, the concern of inflation grows alongside the unpredictable spread of the global health crisis. With bonds and shares liable to fluctuate with the slightest disturbance, the pandemic has left some investors biting their nails. The latest news has many Americans wondering what they will do to ensure their families financial stability and health as well. In fact, the dollar since May of 2020 had faced a worrying decline in just a few short months.
If that is not worrying enough, just this week Pro Publica came out with an article explaining how pensions recipients, insurance companies and other firms are at risk of problems in the future because of these same policies being put in place to salvage the deteriorating economy. What does this mean? It simply means that we need to plan ahead for the sake of our well being.
RGG’s Company Policy
Here at Reagan Gold Group, our priority first and foremost is to safeguard ourselves and our clients from any threat to your financial stability – that includes the health of your family members and loved ones. At Reagan Gold Group, we are taking the COVID-19 pandemic very seriously. While we are fortunate to be able to continue to serve the community remotely for financial diversification, we are also taking every precaution in our business transactions to ensure you continue to receive the best possible services during these uncertain times.
The majority of our interaction with clients takes place via phone calls and emails. Meaning you can start insuring your IRA easily from the comfort of your home. This provides you with the peace of mind that your physical and financial health are safe.
How do You Combat the Unpredictability of a Global Health Crisis?
Many precious metals investors are speculating that if there is in fact another stimulus package, the price of gold and silver will almost certainly rise drastically. Essentially, what we need to do is take out an insurance policy on your wealth and assets. Why? Because right now seems to be one of the best times to make sure you insure your cash dollars. Between a global pandemic, an economy in turmoil, and a tumultuous election on the horizon, the status of the American dollar is, in short, uncertain. Transferring to a gold IRA account can make for an airtight long-term investment plan — with the right strategy.
Make sure you get the right advice for your lifestyle with Reagan Gold Group. We ensure that our clients get the best value for their investment dollars. With years of experience and practical knowledge, our investors are ready to help you Invest in The Purest Form of Money. Call today or fill out our form to get our IRA Investors Starters Kit to help you get started on the right path for your financial security.