While today’s disappointing Q3 GDP print was generally weak across the board, with spending on goods especially concerning, with the there was one breathtaking statistic: the nearly record plunge in spending on autos. As the chart below shows, the contribution of personal consumption of motor vehicles and parts to the overall GDP growth number was a whopping -2.4%, the second-worst print on record after Q2 1980. We highlight the last time the US economy saw such a crash in auto spending because back then Volcker was fighting (near) hyperinflation and the Fed Funds rate was 17% (just shy of […]
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The Biden Regime and Globalists Don’t Want You Owning Precious Metals
Look around. Things aren’t the way they should be. Between Pandemic Panic Theater, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.
Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.
Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
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