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The Race for Precious Metals In Phoenix

Published by: Gold Expert on May 13, 2020
The Race for Precious Metals In Phoenix

A lot of people believe that the financial crisis is behind us. The housing market is said to be making a comeback, unemployment is decreasing and the stimulus has provided some short-term results. However, some financial experts say that we haven’t seen the worst yet.

Some are predicting the impending collapse of the U.S. dollar. The dollar, like the Euro and the Yen, is a fiat currency, which means that its value is controlled by the decisions of government leaders. The Federal Reserve can influence the value of the dollar by printing more money or by sending more electronic reserves into the banking system. A system like this makes it tempting for government leaders to just make more money when it has borrowed excessively or its economy is floundering, which devalues its dollar and just creates a downward spiral.

We’ve already seen some of the signs of this spiral beginning, with the national debt increasing steadily and the dollar declining in value against other currencies. The dollar has lost more than a third of its value since 2002. The introduction of policies like quantitative easing have only worsened the problem, and it is spreading through other aspects of our financial system, such as contributing to the decline of the stock market.



Talk of such impending financial doom is enough to cause some people to start stockpiling money in their mattresses. But that won’t help anything because the money will be worthless by the time such a crisis hits.

The best way to protect your financial security is to invest in precious metals like gold, invest silver, platinum and palladium. Unlike currency, the value of these precious metals cannot be manipulated based on government policy. When inflation rises, wars rage, and the financial system is in crisis, the value of gold and other precious metals remains relatively stable.

One reason that precious metals remain relatively stable in value is that they are physical assets that are somewhat limited in supply. If the dollar collapses and the U.S. economy is sent into a tailspin — which we believe is a matter of when, not if — there will be a race to secure precious metals.

At Arrowhead Coin and Jewelry in Arizona, we advise our customers to buy precious metals to create a more stable long-term investment and to protect themselves against loss in the face of this financial crisis. We sell precious metals of all types, but we specialize in gold and silver. Our most popular business includes gold and silver eagles, gold krugerrands, gold maples, gold and silver bars, silver rounds and junk silver. Stop by our Phoenix coin shop to buy precious metals to secure your investment portfolio. You can also sell precious metals to raise money for other investment options, but we recommend you hold on tight to those assets.

Published By:

Arrowhead Coin and Jewelry – Jeff Wuller

20165 N. 67th Ave, Ste# 122a-111
Glendale, AZ 85308

Phone:(623) 234-9161
Fax:(623) 566-4846
Cell:(623) 986-1151
Email:Jeff@ArrowheadCoin.com
Website:https://arrowhead.aureuspos.com


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