Since the end of World War II, the Dollar has enjoyed special status as the world’s Reserve Currency. But those days are numbered, and the dollar’s collapse is all but guaranteed. America has racked up massive levels of government debt. We’ve pumped trillions into the monetary system with risky quantitative easing. And years after the 2008 financial crisis, our economy is still struggling. Yet our dollar has remained high. The reason? It’s always in-demand by foreign governments and institutions to shore up their currency stockpiles and facilitate international trade. Our ‘special’ status has kept the dollar afloat, but when that ends, its value will collapse. The sun will eventually set on America’s time as the world’s financial leader. We’ve seen this before with Britain after World War II. For decades, Britain’s pound sterling was the world’s reserve currency, thanks to their powerful empire and dominance in international trade. However, the Bretton Woods agreement after the war made the dollar a reserve currency also – and with America’s growing status in the post-war economy, the dollar soon overtook the pound as the world’s only reserve currency. The result was devastating for Britain. The value of the pound plunged, living standards fell dramatically, and the nation suffered a huge loss of status and influence on the world stage.
Shaken Investors Flock to Gold – But the Wrong Kind
That’s the scenario America faces today, only now the threat is coming from China. We’ve overspent and printed trillions, and our economy remains in the doldrums. It’s only a matter of time until China becomes the world’s most powerful economic force. Already China is pushing to supplant the dollar as the new reserve currency, lobbying the IMF to become a reserve, and establishing the Asian Infrastructure Investment Bank to challenge America’s financial dominance.
2016 Gold’s News by Goldco Precious Metals
A new world financial order is rising, and the consequences on our dollar will be swift and severe, with devastating effect on retirement accounts. Investors who are thinking strategically about this shifting balance of global economic power are moving into gold and silver IRAs. They know that no paper currency lasts forever, and that only gold is a true ‘safe haven’ for wealth. To learn more about how a precious metals IRA can protect your savings from the dollar’s coming collapse, please contact your Goldco representative at (855) GOLD-IRA. They’ll be happy to discuss how gold and silver can best meet your retirement goals. Or learn more by visiting www.goldcopreciousmetals.com.
Buy Gold : How will this protect your IRA?
