There are a few gold assets that could make a lot of sense for seniors right now. Find out what they are here.
Right now, numerous issues are causing some turmoil within the economy, including persistent inflation and the high rates meant to temper it. And while today's elevated rates, which are paused at a 23-year high, are having a positive impact on inflation, the latest inflation report shows that there's still some work to do. At 3.2%, the inflation rate is higher than the Fed's 2% target and is causing the devaluation of paper currency.
Storage fees, custodian fees and potential tax implications should be carefully considered before investing. Additionally, the value of gold can fluctuate over the short term, but historical trends indicate that gold has and likely will continue to grow in value over the long haul.Explore your top gold IRA options online now.
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