Joe Biden Is Spending Money That Will Never Be Paid Back.
Years from now, we may recognize this $6 trillion of irresponsible spending as the event which destroyed the bond market’s faith in the U.S to pay its debts.
This Could Lead To An Interest Rate Spike That Will Devastate The U.S. Economy!
Meanwhile the Russian Federation is passing laws to buy gold with their sovereign wealth fund, as the U.S. dollar becomes too risky.
“It will be possible to place the funds of the National Wealth Fund (NWF) on bank accounts with the Bank of Russia in precious metals, particularly in gold, which is traditionally a defensive asset,” declared the Russian Prime Minister Mikhail Mishustin this week.
In other words, the Russians want to maintain their wealth and are getting scared of the greenback’s ability to do so as hyper-inflation approaches due to Biden’s out of control spending.
Here’s How to Get Out of the Dollar
To prepare for a plummeting dollar, Dr. Ron Paul offers one simple piece of advice: Gold. In short, he calls it his “insurance against the dollar fiasco.”
Today, one of the best ways to move into gold and silver is to convert your IRA or 401(k) into a “Self Directed” Gold IRA.