When it comes to matter educating the public on financial matters, very few organizations enjoy the trust and reliability that the U.S. Money Reserve has managed to earn. This is thanks to its unbiased and often reliable information that this distributor of government’s precious metals always enjoys.
This company is on the limelight thanks to its latest public education endeavor, the gold forecast report. This report offers an insight into the current financial market situation, its future and gold as an option of preserving wealth.
The financial market situation
The financial market situation in the past year has led to a lot of economists speculating that there is an economic downturn coming. These economists have pointed out the increasing levels of household debt, increased trade tensions, stagnant home sales, and significant stock prices drops to be indicators of the coming recession.
The U.S. Reserve gold report advises that you should not go into panic mode as a result of the concerns of these economists.
It pointed out that in the previous year, stock prices have also hit an all-time high, there has been a significant increase in consumer spending, housing prices have also increased, and the GDP has risen. These are all indicators that the economy is quite stable.
Despite there being also indicators of the economy being quite stable, the report agrees that it is quite uncertain. It points out that the massive federal debt and deficit also contributes to the market uncertainty. Today, the federal debt according to the U.S. Money Reserve gold report stand at $22 trillion and the deficit at $1 trillion. Read more: US Money Reserve | PR Newswire
The report advises the public to be cautious as the 2008 economic recession hit when the federal debt was just $10 trillion. The report advises that the distribution of wealth at such a time is a very wise move.
It points out to gold as a good adoption at the moment given that its prices have stabilized. In addition to that, the price of gold is likely to rise in the future.
About U.S. Money Reserve
The U.S. Reserve is a private nonprofit company that was founded in 2002 to issue out government-sponsored precious metals. Since its founding, it has grown in popularity and influence to become the top distributor of gold and other precious metal in the country.
All of these is thanks to the quality products and top-notch services it offers.
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