Of the many failures of the Biden-Harris regime, the two most devastating would have to be the deadly chaos at our border and the crippling effects of runaway inflation. Since Biden took office, prices have risen nearly 20 percent, a number that, when checked against stagnant wage growth, puts the real effect of inflation at some of the worst levels we’ve seen in decades. Inflation is often described as the “hidden tax” because it takes away purchasing power from citizens not through taking away money directly but via a devaluation of the money that citizens already have.
Inflation might deserve that description in another sense, that is, that the powers that be—in this case the Biden-Harris administration—often go to great lengths to conceal the existence and severity of inflation. Larry Summers, former Treasury Secretary under Obama, wrote a major paper highlighting how the Biden regime was disguising the reality of inflation via misleading CPI configurations—an index that is often used to measure and obscure real inflation. In a bombshell study that came out just weeks ago, economists Nouriel Roubini and Stephen Miran showed how Biden’s current Treasury Secretary is effectively and secretly undercutting the Federal Reserve’s efforts to reduce out-of-control inflation. While the exact mechanism is fairly technical, in a nutshell, the paper showed how the Treasury has embraced a debt-issuance strategy that has the effect of economic stimulus equivalent to a one percent cut in the Fed’s policy rate. In other words, in order to keep a version of the inflationary QE stimulus going, Biden’s Treasury Department is employing a subtle and backhanded debt issuance strategy that serves to greatly exacerbate inflation. The beneficiaries of this, of course, are the folks on Wall Street; the losers are the average Americans getting killed at the supermarket checkout counter.
Larry Summers, who, despite being a prominent Democrat, has called out Biden-Harris’ disastrous inflationary policies, has pointed to Biden-Harris anti-trust policy as an additional aggravating factor. And lo and behold, the latest and arguably most pathetic attempt of the Biden-Harris regime to avoid responsibility for addressing inflation in a serious way is to launch anti-trust attacks on companies using AI algorithms to help landlords determine rent prices. […]
— Read More: revolver.news
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
