A political transition is happening right now. The stakes have been increased. One candidate is blazing a trail of fire behind him, while the other is contentious, to say the least. Both have created a firestorm of media attention. But, the ones who may hurt the most from this modern political boxing match are the American people. Political transitions are often accompanied by huge economic transitions. Now may be the best time to take another look at the total investment portfolio. Is everything safe and cozy? The wealth manager is going to say, yes, of course. But, what about that gut feeling?
It may be time to consider transferring Cash For Gold Coins. Effectively, gold coins are tangible. They leave little room for doubt on where money is and what it is doing. Gold is also an incredibly consistent performer. There is a reason why gold is considered one of the safest options available. It just performs- and well- over a long period of time. It is residual from when gold backed up the U.S. dollar.
But, the current political climate is entirely too tumultuous to expect a whole lot from the dollar in 2016 and 2017. Political experts are predicting a huge consequential crash. Political initiatives are also forcing change, and any change now could have a ripple effect. For example, California recently ushered in a $15 minimum wage hike over the next five years. They will add another dollar every year. Politically, the discussion continues. But, there is little doubt that this will have an effect on the economy. The question is, what kind of effect will it have?
In the worst case scenario, the dollar will greatly decrease in value. It may not collapse entirely, but it will be dramatically weakened. The result will be massive job loss and a renowned focus in alternative investing options. Anyone who thought ahead and did Cash For Gold Coins will be able to make trades and receive goods. Palisade Jewelers is a local option for receiving fair-priced gold coins. Visit the website for more or head to the location to get personalized assistance. You can also connect them on Facebook for more updates.
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