A note from Buzz Bomb Media
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The high price of gold isn’t turning away American consumers just a month before the 2024 presidential election. The inflation caused by Joe Biden and Kamala Harris is destroying families financially, and gold is one of the only ways to hedge against it.
In fact, many Costco outlets across the country have been completely selling out their supplies of 1-ounce gold bars.
The price of gold has gone up 41% over the past year. While inflation is one of the worries that’s fueling the buying spree, there are other concerns as well. The trash economy that Biden and Harris have created is teetering on the brink. Everyone senses it. The only question is whether we can get Donald Trump reelected in time to save the country from an economic apocalypse.
The price of gold has gone up from $1,864 an ounce last October to $2,640 an ounce this month. The spot price hit $2,686 an ounce on September 26th.
Despite the high price, 77% of Costco outlets in America sold out of gold bars during the first week in October, according to a Bloomberg report. There’s a reason for this. Investors around the country are saying that the best way to protect retirement savings is with gold.
Here’s the good news…you don’t have to shop at Costco for your gold (even if you could still find the bars there.) In fact, you can use your 401k to buy it. There’s a little IRS loophole that you can take advantage of.
Learn More
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Before you go, we have to ask…
Are you financially prepared for your retirement yet?
Yes
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No
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Not Sure
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