Despite the questions about what happens now, there is one political outcome that still seems certain: Runaway spending.
Whether it was going to be walls or healthcare, military might or social support, America’s continued culture of government expansion at the expense of the economy seems unstoppable. Deficits now top the $20 trillion mark with unfunded liabilities soaring into mind boggling territory.
And with deficit spending eventually comes the devaluation of a nation’s currency and inflation. We’ve seen that story play out a dozen times over the last century.
But, gold and silver have long served as hedges against market volatility, and protection against politicians indebting their citizens.
And volatility is picking up. This morning, S&P 500 futures are down -2.3% and the U.S. Dollar Index is down -0.6% while gold is up 2.6% and silver is up 2.4%.
Buying precious metals is a vote you can make any day. One that says, “I’ve had enough.”
Take back control of your wealth and savings from DC — or from whatever country you hail from, as they all seem to be chasing each other to the bottom.
Is your portfolio ready for a Trump administration?
Add gold and silver to your portfolio today, spread the word, and help curb the power the government has over your future, whatever comes from here. |