While our economy continues to recover, economists and investors can’t help but think about the future. Many experts say while recovery has been record-breaking, it’s already starting to slow.
It’s uncertain what the state of the economy will be like in a year; however, Executive Editor of The Heartland Institute, Justin Haskins, believes it’s going to be a disaster. And he’s placing blame on Team Biden.
He says the economy’s relatively slow growth is a clear indicator that the Biden administration’s economic strategy of increasing employment through government welfare and stimulus programs isn’t working as expected.
He says the only hope of avoiding economic disaster is to put policies in place that would encourage able-bodied people to return to work while reducing inflation-causing government spending programs.
But not everyone is against Biden’s plans and policies. This week, U.S. Treasury Secretary Janet Yellen called for the passing of the $1 trillion bipartisan infrastructure bill, saying it would help reverse wage and racial inequalities and start to alleviate climate change.
However, she did say that Congress needs to push ahead with other investments in Biden’s American Families Plan, including increased access to education and child care, a permanently expanded child tax credit, more affordable housing, and healthcare improvements.
All of this talk about the future and economic uncertainty may have you spinning. If so, you’re not alone! Many Americans are questioning if their retirement savings are safe.
We’ve said time and time again that precious metals are a good way to help keep your savings safe. Unlike the dollar which can be devalued by excess money printing, gold and other precious metals can’t be printed by authorities, making it a safer asset.
And Hedge fund manager Diego Parrilla believes gold prices are only going to grow. He actually predicted gold’s rise to an all-time high of $2,000 per ounce last summer, and now he says gold prices could climb to $3,000 to $5,000 within the next 3 to 5 years.
So, if you’re ready to take the plunge and open a Precious Metals IRA, give us a call at (855) 905-5317 for your free one-on-one consultation. We’re happy to answer all of your questions.