We are now confronting, perhaps the biggest monetary disaster in the history of the US.
Our Government is at the edge of defaulting. The Us debt has grown uncontrollable. While the nation's lawmakers is negotiating a restructuring of the debt ceiling, federal spending is hitting all time high levels. Within a several years our federal debt will attain approximately 20 trillion dollars. This scenario is not sustainable and will result in a catastrophe.
Our trading partners will no longer be prepared to finance the uncontrolled spending of the US. China is becoming reluctant to continue to buy US treasury securities.
More serious, US travelers who are attempting to exchange our currency are having their cash declined in lieu of other currencies that include Euros and Chinese yuan. Not good.
Since we're unable to peddle US debt to our trading partners, the Federal Reserve is purchasing US treasury bonds via a process referred to as "Quantitative Easing". The federal government is actually investing in its own debt, and that is directly and dangerously inflationary. Ask anyone with a shred of financially sensibility.
It is extremely not likely that our federal government will be able to carry on this unsustainable scheme. Most probably, the US dollar will probably relinquish its' standing as a reserve currency. Especially, when nations around the world for example Germany, consistently show monetary restraint and encourage good quality exports and possess booming economies.
In the event the US loses its' reserve currency standing you may expect fuel prices to attain record levels as US businesses have to acquire commodities with dependable currencies. It's possible that our fuel expenses may rise up to $6 - $seven per gallon if not more. If you question this, just consider the explosive price increases for petroleum products over the past four weeks. Gasoline and diesel costs have increased nearly 30% within a ridiculously short period of time. This is alarming.
The average American is now up against the dual predicament found in a swiftly devaluing dollar in addition to a shocking inflation in basic commodity values.
These kind of events are like an IED to the US economy. The fallout coming from the impact is ruining our economy, our financial well being and our long term survival.
In the event you are employed in the financial markets, asset management, investment banking or securities, this catastrophe may provide an especially great professional prospect for you.
Being a financial licensed you have the chance to assist clients to steer clear of the negative effects of this impending turmoil. Your helpful advice can mean the difference between unfortunate poverty and forthcoming abundance and happiness.
To accomplish this goal we are referring to investments in silver and gold.
The only real really dependable investment through these forthcoming days and weeks is going to be either gold or silver.
There are a number of techniques for savvy Americans to shield their financial assets from this looming inflationary debacle. The stock market, while exploding in a renewed bull market cycle most probably will "implode" when the aftermaths of this monetary mismanagement become recognizable to sensible investors.
There's no question that the principal investment opportunity of the approaching weeks and months will probably be precious metals.
Income and bonuses through this profession will likely be extraordinary for competitive sales agents over the turbulent and uncertain times to come.
You might want to very seriously contemplate connecting with a trustworthy organization active in the sale of precious metal products and solutions.
Many metals businesses are looking for knowledgeable, serious individuals who are outgoing, have management proficiencies, good communications skills, and desire to help other people.
Silver and gold investment is definitely a recession-proof business and is developing dramatically. Through this business it's possible to work when and in what way you wish, and determine your own personal worth.
Author Resource:
When searching for a solid option with regard to an occupation in the financial services market you'll have to take a look at Precious Metals. Along with a deteriorating economy collectively with a financial disaster confronting our country the main alternative for investors is precious metals. Silver and gold have performed better than all the other investments over the past few years. Given the tenuous circumstances of our current economic crisis and the bleak economic outlook it is likely that Gold and Silver will be the most advantageous hedge against the coming inflation. Job opportunities in the Gold and Silver Financial sector will be among the best opportunities in the coming months. Search for all these opportunities everywhere you can locate them.
When you are looking for emplyment options think about www.goldbullion.net as a source of tips on all things dealing with silver and gold.