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Bank of America‚ Wharton Business School Warn Of “U.S. Dollar DEATH SPIRAL Crisis”
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Bank of America‚ Wharton Business School Warn Of “U.S. Dollar DEATH SPIRAL Crisis”

Two words you never want to hear about something important to you and your way of life:  DEATH SPIRAL. But those are the exact words that were just used by two top‚ well-respected analysts. Fresh warnings out from the top analyst at Bank of America and a top professor at the prestigious Wharton School of Business just posted serious warnings for the United States economy and the US Dollar. Hey‚ don’t say I didn’t warn you… Let’s start here‚ Bank of America issues major warning of a US Dollar Collapse: BRICS: Bank of America Issues Major Warning of a US Dollar Collapsehttps://t.co/uC63lhh5vc — BRICS (@BRICSinfo) March 6‚ 2024 And here: “Bank of America warned in the latest piece that the US dollar and economy face a “blowout year” in 2024. The growing national debt is the main reason why the US economy could be poised to head south. “The US national debt is rising by $1 trillion every 100 days‚” Michael… https://t.co/VPpsm5OQEK pic.twitter.com/r7QzutRu7T — Chad Steingraber (@ChadSteingraber) March 6‚ 2024 “Bank of America warned in the latest piece that the US dollar and economy face a “blowout year” in 2024. The growing national debt is the main reason why the US economy could be poised to head south. “The US national debt is rising by $1 trillion every 100 days‚” Michael Hartnett‚ Chief Strategist of Bank of America wrote.” “Hartnett warned that the collapse of the US dollar is imminent if the debt grows out of control this year. “This doesn’t end well‚” wrote Genevieve Roch-Decter‚ a former Asset Manager at the Grit Capital. Also‚ #BRICS is now waiting for a possible US dollar decline and could advance with a new currency in the global market.” EXACTLY what Bo Polny keeps telling us too! Here’s more‚ from Watcher.guru: The US national debt is now growing by $1 trillion every 100 days since 2023. The uncontrolled debt could lead to a financial disaster wreaking havoc not only in the US but across the world. BRICS and other developing countries are worried that a US dollar debt could make their native economies crash. Keeping the US dollar in reserves is now seen as a threat that could undo years of financial stability. The US dollar national debt now touched a new high of $34.4 trillion and is barely under control. Elected representatives at Capitol Hill and officials from the Federal Reserve are unable to tame the ever-growing debt. Amid the economic turbulence‚ Bank of America has issued a warning about a possible US dollar collapse. Moreover‚ this allows BRICS to spread the de-dollarization initiative across the world. Bank of America warned in the latest piece that the US dollar and economy face a “blowout year” in 2024. The growing national debt is the main reason why the US economy could be poised to head south. “The US national debt is rising by $1 trillion every 100 days‚” Michael Hartnett‚ Chief Strategist of Bank of America wrote. Hartnett warned that the collapse of the US dollar is imminent if the debt grows out of control this year. “This doesn’t end well‚” wrote Genevieve Roch-Decter‚ a former Asset Manager at the Grit Capital. Also‚ BRICS is now waiting for a possible US dollar decline and could advance with a new currency in the global market. Forbes confirms and adds a warning from Wharton Business School finance professor Joao Gomes: “The U.S. national debt is rising by $1 trillion every 100 days‚” Michael Hartnett‚ chief strategist of Bank of America‚ wrote in a note to clients seen by CNBC‚ adding it’s “little wonder ‘debt debasement’ trades closing in on all-time highs‚ i.e. gold [at] $2077/oz [and] bitcoin [at] $67‚734.” Hartnett predicted the newly created spot bitcoin exchange-traded funds (ETFs) that have taken Wall Street by storm over the last month are on course for a “blowout year‚” in part because of the collapse of the U.S. dollar. BlackRock’s IBIT‚ the largest new spot bitcoin ETF‚ has this week eclipsed $10 billion in assets under management while Fidelity’s FBTC has raked in $6 billion since their early January debut‚ pushing the bitcoin price higher in what’s been called bitcoin’s “IPO moment.” Inflows into the new spot bitcoin ETFs have suddenly accelerated over the last two weeks‚ fueling wild predictions that bitcoin could “steal gold’s crown” as the world’s “prime store-of-value.” U.S. national debt has skyrocketed in recent years‚ crossing the $34 trillion mark at the beginning of 2024‚ as Covid and lockdown stimulus measures—triggering wild predictions last year the bitcoin price could boom to $1 million per bitcoin. 03/04 update: Wharton Business School finance professor Joao Gomes has warned spiraling U.S. debt could plunge the U.S. into a financial crisis as soon as next year. “It could derail the next administration‚ frankly‚” Gomes told Fortune. “If they come up with plans for large tax cuts or another big fiscal stimulus‚ the markets could rebel‚ interest rates could just spike right there and we would have a crisis in 2025. It could very well happen. I’m very confident by the end of the decade one way or another‚ we will be there.” Last month‚ The Black Swan author Nassim Taleb said he believes the U.S. economy is in a “death spiral … as long as you have Congress keep extending the debt limit and doing deals because they’re afraid of the consequences of doing the right thing‚ that’s the political structure of the political system‚ eventually you’re going to have a debt spiral‚” Taleb said at an event‚ it was reported by Bloomberg. “And a debt spiral is like a death spiral.” “This doesn’t end well‚” Genevieve Roch-Decter‚ a former asset manager who writes the Grit Capital newsletter‚ posted to X. Remember when I told you about this? Makes a lot of sense now‚ doesn’t it? Got Gold? If not‚ keep reading and I’ll show you how you could add Gold to your portfolio for NO MONEY OUT OF POCKET.  Yes‚ it’s real. New BRICS Currency Value: $55 Per One BRIC? Earlier today I brought you big news from the BRICS nations…. And very BAD news for the USA and the US Dollar. That report here: DeDollarization Accelerating: BRICS Nations Launch Payment Network — USD Crash Incoming? And now that this is accelerating so fast‚ I want you to see this.... Where does it all land? What does the "new Financial system" look like? Read this: New BRICS Currency -- $55 Per One BRIC? Heads up folks... We've been covering this story for a long time and it looks like it's about to launch very soon. And the results could be devastating. Depends on your perspective I guess‚ because GOLD very well could soar! Allow me to explain. We've been telling you about the coming BRICS currency that will directly challenge the US Dollar as the world reserve currency. That's bad...very bad. Reports are now saying the BRICS currency will be backed by GOLD. Remember when we took the US Dollar off the gold standard? Foolish. And it looks like those chickens are coming home to roost. EXACTLY like Bo Polny has been telling us each time he comes on my show. But now let's dig into the details (and be sure to read to the end where I tell you what YOU can do to protect yourself -- you are not a victim or a bystander here‚ you can take action! More on that below) Here is Jim Rickards explaining how the BRIC will likely be priced: What's the value of the BRICS currency? pic.twitter.com/26oyfoOBWa — Megan 🇪🇺🇨🇦 (@Megan7560964546) August 9‚ 2023 And here is another one that claims the BRIC will be valued at $55 USD / one BRIC. Oh my‚ that is very bad for the US Dollar. You have to watch this: WARNING: Economic Warfare! BRICS nations to launch the BRIC currency.... $55 / one BRIC Will lead to MASSIVE inflation in U.S. dollar‚ and HUGE loss of purchasing power. U.S. to devestated. GOLD to soar? pic.twitter.com/eiuXRfkDMg — DailyNoah.com (@DailyNoahNews) August 13‚ 2023 In case you feel a little lost right now‚ you need to read my prior report which gives you all the backup for how we got here. And towards the end is what YOU can do right now to protect yourself. Keep reading: Jim Rickards: New Gold-Backed World Currency UNVEILED August 22nd! Want the future in advance? That's what Jim Rickards is claiming to bring you. In case you don't know Rickards‚ he's a somewhat legendary figure in the world of finance. Definitely a lightning rod. And we like lightning rods around here. We like people who put out information and then stand behind it.... ....people who are bold enough to put out something controversial! Don't want to make any enemies? Don't want to be criticized? Stay in your parents' basement and don't ever do anything noteworthy in life. But to the people who step out and go for it‚ we like those kind of people around here -- even if they're wrong sometimes. Will Jim be wrong about this? We will see soon‚ but I know one thing: it's fascinating and we're covering it here and warning you ahead of time! So first of all‚ we have to explain who is Jim Rickards in the first place? Jim is ex-CIA‚ which I always say is kind of a misnomer because are you ever really "ex" CIA? I don't think so. Actually more accurately I believe the story goes that Jim was hired by the CIA to war plan financial attack scenarios that could bring down the USA. Noble goal. So if you want to find out what possible financial attacks could be launched against the USA you want to go to one of the best and most creative financial minds out there and so they went to Rickards. So that's the background of who he is and why he matters. Now let's cover his latest message‚ which is the BRICS nations will be adding new members and announcing an official gold-backed world currency on August 22‚ 2023 which will dethrone the dollar. Sound familiar? Sound exactly like what Bo Polny keeps telling us? Pay attention folks‚ this is no game! If and when the US Dollar collapses‚ you want to be on the right side of that collapse‚ because it will get VERY ugly‚ very fast. Linda P. Jones is another notable figure in finance and her she is covering the same story -- US Dollar "end" is August 22: Whoa! Jim Rickards predicts the end of the US dollar hegemony will be August 22‚ 2023. Mark your calendars! #BRICS https://t.co/So2yhvf8gH — Linda P. Jones (@LindaPJones) July 7‚ 2023 Here's more on the plan‚ fully explained by MROnline: In an op-ed posted on The Daily Reckoning on Tuesday‚ former CIA and Department of Defense advisor and investment banker James Rickards predicted that August 22 will be the day the U.S. dollar’s status‚ as the world reserve currency and medium for exchange will formally collapse. Many factors are worth considering‚ including the weaponization of the dollar against Russia’s economy amid the conflict in Ukraine‚ the U.S.’ own national debt of $31 trillion‚ and recent talks on the part of the BRICS+ group to create an alternative trade and reserve currency that would rival the dollar. “On August 22‚ about two-and-a-half months from today‚ the most significant development in international finance since 1971 will be unveiled‚” Rickards writes in reference to the upcoming BRICS+ Leaders Summit which will unveil plans for substituting the dollar in global trade. What is interesting to note is that on that same day in 1971‚ August 22 was also the day the U.S. dropped the gold standard. “It involves the rollout of a major new currency that could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading payment currency and reserve currency‚” Rickards added‚ noting that the shift could span over a period of “just a few years.” Rickards says the push for a new currency spearheaded by the BRICS+ group will “affect world trade‚ direct foreign investment and investor portfolios in dramatic and unforeseen ways‚” and cause an “unprecedented […] geopolitical shockwave.” He also said that the BRICS+ plans for expansion are “the most important development of the BRICS system‚” noting that eight countries have so far already applied for membership‚ along with twelve others expressing an interest in joining the bloc‚ including Saudi Arabia‚ which assisted the U.S. in propelling the dollar currency to the status of world hegemon through establishing the petrodollar system. “There’s more to this list than just increasing the headcount at future BRICS meetings‚” Rickards emphasized‚ pointing out that “if Saudi Arabia and Russia are both members‚ you have two of the three largest energy producers under one tent (the U.S. is the other member of the energy Big Three).” On another note‚ the BRICS countries make up 30 percent of the world’s surface‚ with 50 percent of global wheat and rice production‚ and 15 percent of the planet’s gold reserves. It accounts for 40 percent of the world population‚ 28 percent of nominal GDP (pending Saudi Arabia’s membership)‚ and 52 percent is measured under the PPP formula. “By every measure—population‚ landmass‚ energy output‚ GDP‚ food output‚ and nuclear weapons—BRICS is not just another multilateral debating society. They are a substantial and credible alternative to Western hegemony‚” Rickards said. Accordingly‚ when the bloc launches its new currency‚ it will not simply “fall on an empty field‚” but be integrated “into a sophisticated network of capital and communications‚” which should “greatly enhance its chances of success‚” he argued. Elsewhere in the op-ed‚ Rickards said that the BRICS currency is expected to be pegged to a basket of trade commodities or gold‚ and will likely appear in the form of a digital currency instead of paper money. He also said that chances for success for the BRICS currency to replace the U.S. dollar will depend on the formation of an alternative to the U.S. bonds market which is seen as the safest bet to safeguard assets value. “The key is to create a BRICS+ currency bond market in 20 or more countries at once‚ relying on retail investors in each country to buy the bonds. The BRICS+ bonds would be offered through banks and postal offices and other retail outlets. They would be denominated in BRICS+ currency‚ but investors could purchase them in local currency at market-based exchange rates. Since the currency is gold-backed it would offer an attractive store of value compared with inflation‚” Rickards writes. He added that “if the BRICS+ use a kind of Liberty Bond patriotic model‚ they may well be able to create international reserve assets denominated in the BRICS+ currency even in the absence of developed market support. This entire turn of events—introduction of a new gold-backed currency‚ rapid adoption as a payment currency‚ and gradual use as a reserve asset currency—will begin on August 22‚ 2023‚ after years of development.” The collective push to replace the U.S. dollar as the world reserve currency has much to do with Washington’s “weaponization of the dollar through the use of sanctions‚” Rickards writes. Are you paying attention? Got gold? You're going to wish you have some if Rickards is right! KEEP READING and I'm going to tell you what you can do about it to protect yourself.... More on that in just a minute. Jim Rickards: The “BRICS+” countries will announce the creation of a new currency at its annual leaders’ summit conference on August 22–24. This will be the biggest upheaval in international finance since 1971. It’s taking direct aim at the Dollar. Quite simply‚ the world is… — Silver Gold News (@SilverGold_News) June 21‚ 2023 The biggest shock to the international monetary system since 1971: #DollarCollapse | "THIS WILL BE THE BIGGEST SHOCK IN THE INTERNATIONAL MONETARY SYSTEM SINCE 1971!...August 22nd 2023" - Jim Rickards + "BRICS to Introduce a New GOLD-Backed Currency In Contrast to the Credit-Backed U.S. Dollar." (7/3/23)#GreatReset #TheGreatReset #CBDCs… pic.twitter.com/QPNMt27BXf — Clay "ReAwakening America" Clark Griswold (@TheClayClark) July 9‚ 2023 A lot more in here: https://www.youtube.com/watch?v=WuJojYDyNRQ Ok‚ so now for everyone asking me what can we do about it‚ here are my thoughts. First of all‚ it's NOT too late! That's the first thing you need to understand. It's not too late but you need to move quickly. You CAN protect yourself and if you follow what I show you below it won't cost you anything out of pocket. I'm not a financial advisor‚ but I always say one thing... Don't listen to what they TELL you to do. (That's the misdirection) Just like a magician trying to keep you distracted while he hides the ball in his other hand‚ the Federal Reserve and all the so-called "experts" will almost always TELL you the opposite of what is sound advice. But you should always watch what they themselves are actually doing.... So what are they doing? Simple: buying GOLD. Just like I've been telling you for the last 6 months! Does it all make sense now? Starting to see the plan all come into focus? Who has been warning you? Me! And Bo Polny! Take action... Here's Why Central Banks Are Buying All the Gold They Can -- And What YOU Can Do! For the last year‚ central banks across the globe have been buying up as much gold (and often silver) as they can acquire without raising alarm bells. Now‚ we see why. The recent bank runs and ongoing collapse of the U.S. banking system was anticipated by the "elites" and the central bankers who run things behind the scenes. They saw it coming and knew the best way to protect their assets was through physical precious metals. If you've been waiting for me to bring you a solution about what YOU can do to protect yourself and you're family‚ I'm happy to introduce you to something I absolutely love! Precious metals. I just talked about precious metals this week with Bo Polny and now I'm bringing you a solution that you can utilize right away if you're so inclined... A faith-driven‚ conservative precious metals company is currently helping Americans tap into the rising precious metals market through self-directed IRAs backed by physical precious metals. And while this service is not unique to Genesis‚ their adherence to Biblical stewardship of money makes them singularly qualified to receive a sponsored recommendation from this site. Unlike most companies offering similar services‚ Genesis deals only with physical precious metals. They do not offer "virtual" or "paper" gold or silver. With Genesis and their depositories‚ customers can see and touch the precious metals that back their retirement accounts. When it comes time to take distributions‚ Genesis customers can cash in some or all of their precious metals or have them delivered to their door. Central bankers aren't slowing down. In fact‚ nations like China and even U.S. states like Tennessee are quickly but quietly buying up gold to back their own treasuries. When the writing on the wall is this clear‚ it's understandable why these governments are moving quickly to get ahead of any potential economic catastrophes in store. Working with Genesis is the best way our readers can explore the physical precious metals market through self-directed IRAs. It benefits us as well when our readers work with this America-First company. Visit genesiswlt.com or call 866-292-0443 today. Don't wait too long‚ we might have more bank failures right around the corner. You know what has NEVER "failed"? Gold.  Precious metals.  Indestructible. There's a reason they call it "God's money". Watch this for more: Don't wait until it's too late!
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Bank Runs Imminent? NYCB Trading Halted‚ Seeks Emergency $1 Billion In Funding [We Told You!]
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Bank Runs Imminent? NYCB Trading Halted‚ Seeks Emergency $1 Billion In Funding [We Told You!]

I’ve been shouting from the rooftops that the banking crisis of last year was not over… And I’ve been specifically warning you that New York Community Bank is NOT safe.  Not out of the woods.  Not even close. Well‚ sadly it looks like I was right again‚ because this just broke: JUST IN: New York Community Bank $NYCB stock trading halted after crashing 42% today. pic.twitter.com/3mrzm1eVot — Watcher.Guru (@WatcherGuru) March 6‚ 2024 Watch this short 5 minute video for more: It was only 5 short days ago that they were telling you this: New York Community Bank‚ $NYCB‚ just 5 days ago: “The company has strong liquidity and a solid deposit base.” Reports on New York Community Bank‚ $NYCB‚ today: Looking to raise capital to “restore confidence.” We’ve seen this before. pic.twitter.com/EhEHVPL5Um — The Kobeissi Letter (@KobeissiLetter) March 6‚ 2024 When they tell you peace and security‚ what they really mean is war and chaos. It’s always the opposite of whatever they try to tell you. I could see this one a mile away and I warned you about it right here on March 1: New York Community Bank Plunges 30%‚ CEO Exits‚ Losses Hit $2.7 Billion! After trading was halted and the plunge of another 42% down‚ CNBC reports a new $1 billion of funding has reportedly been secured: Struggling regional lender New York Community Bancorp announced a $1 billion capital raise and a leadership shake-up on Wednesday‚ headlined by former Treasury Secretary Steven Mnuchin‚ leading to a sharp rebound for its stock. NYCB has agreed to a deal with several investment firms including Mnuchin’s Liberty Strategic Capital‚ Hudson Bay Capital and Reverence Capital Partners for more than $1 billion in exchange for equity in the regional bank‚ according to a press release Wednesday afternoon. Mnuchin will be one of four new members of the bank’s board of directors as part of the deal. Joseph Otting‚ former comptroller of the currency‚ is also joining the board and taking over as CEO. The stock jumped sharply after the announcement‚ but trading was highly volatile. Shares were briefly halted‚ up nearly 30% for the day. They gave back some of those gains when trading resumed and finished the day up more than 7% after several more halts. Prior to the press release‚ the stock was down 42%‚ amid reports from Reuters and The Wall Street Journal that NYCB was exploring a capital raise. Shares of NYCB fell sharply on Wednesday. The stock was below $2 per share at its lowest point on Wednesday‚ the latest negative milestone for a company that began January above $10 per share. The cash infusion is the latest development in a turbulent start to the year for NYCB. The bank disclosed in late January that it was dramatically raising the allowance for potential loan losses on its balance sheet‚ with its exposure to commercial real estate being a potential issue. That was followed shortly by Moody’s Investors Service downgrading the bank’s credit rating to junk status‚ and NYCB naming former Flagstar bank CEO Alessandro DiNello as executive chairman. Then last week‚ NYCB disclosed that it had “identified material weaknesses in the company’s internal controls related to internal loan review” and announced that DiNello was taking over as CEO‚ for what proved to be a brief tenure. DiNello will stay on as nonexecutive chairman at the bank‚ according to Wednesday’s press release. We will see what happens‚ but so far we've reported on this story 100% correctly‚ often in the face of what the "experts" keep telling you. Will this new $1 billion save them? I don't think it's enough‚ but we will see. Oh‚ and here's why this is a HUGE deal: FACT-CHECK: New York Community Bank (NYCB) Is a Top 30 U.S. Bank! We've been actively reporting on the crash of New York Community Bank‚ which has plunged roughly 60% over the past week and it looks on track to either be merged‚ taken over‚ or outright fail. Earlier today Moody's downgraded them to "Junk Status" and you don't need to be a financial expert to understand that's not good! But I wanted to comment on something to put this into what I feel is the right perspective. I've seen some people try to write this off as just one small bank failing and not a big deal.  Even as 5 U.S. banks failed last year and now we already have one teetering on the edge in 2024‚ it's easy to say it's no big deal because it's just some small‚ regional bank that no one has heard of. Except....that's not really true. NYCB is actually the 29th largest bank in the USA: When I first heard that it really shocked me. Here's more.... Of the  five banks that failed it 2023‚ three were LARGER than New York Community Bank: Silicon Valley Bank (SVB): SVB was the 16th largest bank in the USA at the time of its failure‚ with $209 billion in assets. This placed it just outside of the top 15 banks in the country. Signature Bank: Signature Bank was the 29th largest bank in the USA at the time of its failure‚ with $110 billion in assets. It was one of the larger banks to fail in 2023‚ and its failure had a significant impact on the banking sector. First Republic Bank: First Republic Bank was the 14th largest bank in the USA at the time of its failure‚ with $229 billion in assets. This placed it in the upper half of the top 30 banks in the country‚ making its failure particularly noteworthy. Heartland Tri-State Bank: Heartland Tri-State Bank was not among the top 30 banks in the USA at the time of its failure. However‚ its failure still contributed to the overall increase in bank failures in 2023. Bank of the West: Bank of the West was not among the top 30 banks in the USA at the time of its failure. Like Heartland Tri-State Bank‚ its failure added to the growing number of bank failures in 2023. So if you think this is just some isolated incident of some small bank that was ran poorly or mismanaged‚ I would push back on that and say this looks much larger‚ and much more systemic than that. And that's scary. So....what can YOU do about it? I've been telling you for a while now‚ and perhaps this is the "sign" you need to finally take action! First‚ you need to watch what the big boys are doing and understand it's smart to ride their coattails. And what are the big boys doing? Stockpiling as much Gold as they can get their grubby hands on: Central Banks On A Gold Buying Spree — What Do They Know That You Don’t? Now‚ here's my preferred solution for owning gold.... Why preferred? A couple reasons.... I'm not a CPA or tax advisor or even an investment advisor of any kind‚ but the folks I'm about to tell you about are experts at this. They're patriots... They'll give you personalized‚ one-on-one attention by phone.... And they'll show you how you can do this with NO MONEY OUT OF POCKET -- all in a retirement account and usually tax free! How's that for a win-win-win? So what can you do? THIS!  👇 Here's Why Central Banks Are Buying All the Gold They Can -- And What YOU Can Do! For the last two years‚ central banks across the globe have been buying up as much gold (and often silver) as they can acquire without raising alarm bells. Now‚ we see why. The recent bank runs and ongoing collapse of the U.S. banking system was anticipated by the "elites" and the central bankers who run things behind the scenes. They saw it coming and knew the best way to protect their assets was through physical precious metals. If you've been waiting for me to bring you a solution about what YOU can do to protect yourself and you're family‚ I'm happy to introduce you to something I absolutely love! Precious metals. I just talked about precious metals this week with Bo Polny and now I'm bringing you a solution that you can utilize right away if you're so inclined... A faith-driven‚ conservative precious metals company is currently helping Americans tap into the rising precious metals market through self-directed IRAs backed by physical precious metals. And while this service is not unique to Genesis‚ their adherence to Biblical stewardship of money makes them singularly qualified to receive a sponsored recommendation from this site. Unlike most companies offering similar services‚ Genesis deals only with physical precious metals. They do not offer "virtual" or "paper" gold or silver. With Genesis and their depositories‚ customers can see and touch the precious metals that back their retirement accounts. When it comes time to take distributions‚ Genesis customers can cash in some or all of their precious metals or have them delivered to their door. Central bankers aren't slowing down. In fact‚ nations like China and even U.S. states like Tennessee are quickly but quietly buying up gold to back their own treasuries. When the writing on the wall is this clear‚ it's understandable why these governments are moving quickly to get ahead of any potential economic catastrophes in store. Working with Genesis is the best way our readers can explore the physical precious metals market through self-directed IRAs. It benefits us as well when our readers work with this America-First company. Visit genesiswlt.com or call 866-292-0443 today. Don't wait too long‚ we might have more bank failures right around the corner. You know what has NEVER "failed"? Gold.  Precious metals.  Indestructible. There's a reason they call it "God's money". Watch this for more: Or....I guess you could buy Gold at Costco? If you can find any? Oh‚ and you'll pay a huge markup and you'll be limited to two bars. A “Gold Rush” Hits Costco With Demand For Gold Bars – Here’s One Way To Own Gold if Your Money Is In a Retirement Account The demand for physical precious metals has been rising since before the pandemic.  Central banks have been buying ton after ton for two years. Even some U.S. states -- like Tennessee -- are filling their coffers with physical precious metals. Now‚ Costco is offering gold bars to their members -- and some observers are saying there is a "gold rush" on Costco's gold: Mike Cernovich reported: "People buying them but bars sold out fast. One disappointed customer had paid but the membership pick-up said it was out." Others had no idea Costco sold gold: Buying gold at Costco is great for those who have extra cash on hand -- but what about those of us with money tied up in retirement accounts? Can we rollover or transfer retirement accounts into physical precious metals and keep it tax-deferred? Genesis Gold Group says "Yes!" Genesis Gold Group specializes in self-directed IRAs backed by gold and silver. As a Christian company‚ they believe this is an appropriate form of financial stewardship that puts Americans' money on the fiscal high ground. This isn't "paper" or "virtual" gold or silver; Genesis Gold Group customers can physically see their precious metals at their convenience. And when it comes time to take a disbursement‚ they can convert to cash or have their precious metals shipped directly to their homes. Click here to reach out today through genesiswlt.com. Genesis Gold Group was given 5 stars by reviewers on the Better Business Bureau website. Here is what some of them say: "Genesis Gold Group has been very helpful to me as a first time customer. They were very patient with me and answered every question I had. The process of moving my funds from my former account to Genesis Gold Group was straightforward and easy. I highly recommend their services.” — Brian B. "Recently‚ I had two experiences with Genesis Gold Group and both were very easy transactions. My agent was very knowledgeable and informative about the products that I was interested in. I suggest that for anyone looking to move their retirement into tangible materials‚ Genesis Gold Group is the company to choose.” — Joyce R. "Genesis Gold Group is a wonderful company to do business with. The staff are knowledgeable‚ courteous‚ and patient. They know I’ve had many questions before‚ during‚ and even after opening my Self-Directed IRA and everyone has been very kind and open. Start your Gold IRA with Genesis Gold Group without reservation!” — Gerald C. To work with Genesis Gold Group to own precious metals via your retirement accounts‚ click here to reach out today. Oh‚ and did you know SUPERMAN loves them too? Yup! Here is what conservative star Dean Cain (Superman) says about working with Genesis Gold Group: When Genesis Gold Group was first built‚ co-founder Jonathan Rose knew two things were necessary in order to thrive in the extremely competitive precious metals industry. First‚ he knew they wouldn't repeat the same deceptive marketing tactics "Big Gold" companies use to entice customers. Second‚ he knew they needed spiritual guidance if they were going to succeed in reaching Americans who want their life's savings protected from the tumultuous markets. "If we are going to live up to our namesake‚ we have to be truly driven by Biblical principles... not only as individuals but as a company‚" Rose said. Millions of Americans have grown increasingly concerned about the trajectory of our nation. It made sense for Genesis Gold Group to launch by combining over 50-years of experience in gold and silver with proper guidance from faith leaders. This is why Director of Philanthropy David Holland‚ was one of the first people they hired. "As a minister of the Gospel of Jesus Christ‚ I firmly believe good stewardship of a believer’s resources is important and a foundation for a close walk with Him‚" Holland said. "It is not difficult to see‚ based on the lack of biblical values in both our government and financial system‚ that we are swiftly heading into unstable times." The challenges aren't just coming from the economy or government. The precious metals industry itself is rife with "Big Gold" companies who are willing to use sketchy marketing tactics and over-the-top sales pressure to get Americans into overpriced products. Self-directed IRAs backed by physical precious metals are becoming more popular for mature Americans who are concerned about inflation‚ unsustainable debt‚ the ongoing banking crisis‚ and "woke" ESG funds filling their retirement portfolios. Click here to reach out to Genesis Gold Group today. The challenge‚ as Rose noted‚ is that the vast majority of self-directed IRA products being pushed by "Big Gold" are not built with the customers' best interests in mind. "The process appears to be the same from one gold company to another but there's a huge gap between how secular gold companies do business versus how we do it‚" Rose said. "We guide our clients to back their retirement accounts with metals that are priced right and have the greatest opportunity for growth. Most gold companies look only at their own margins when filling their customers' depositories." ==>;Click here to contact Genesis Gold Group today and receive a free Definitive Gold Guide and learn more about protecting your life's savings from the various threats we're facing today. (Note: Thank you for supporting American businesses like the one presenting a sponsored message in this article and working with them through the links in this article which benefit WLTReport. We appreciate your support and the opportunity to tell you about Genesis Gold!  The information provided by WLTReport or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment‚ financial‚ or legal advice.) 
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"This was fun!" Talking Heads vocalist David Byrne has recorded a Paramore cover in recognition of Paramore covering Talking Heads

A forthcoming Record Store Day release will feature Paramore covering Talking Heads‚ and Talking Heads frontman David Byrne covering Paramore
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"I guess I’m honoured he even thinks about me as much as he seems to": Wolfgang Van Halen responds to David Lee Roth's bizarre personal attacks with polite resignation

Wolfgang Van Halen sounds prepared for a future in which he's a target for the occasional David Lee Roth outburst
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Dean Phillips Ends Presidential Campaign‚ Endorses Biden In 2024 Election
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Dean Phillips Ends Presidential Campaign‚ Endorses Biden In 2024 Election

Democrat Representative Dean Phillips has dropped out of the 2024 Democratic presidential race and is now endorsing president Joe Biden. 
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SCOTUS Sets Oral Argument Date In Trump J6 Immunity Case
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SCOTUS Sets Oral Argument Date In Trump J6 Immunity Case

The Supreme Court has announced that they will hear arguments regarding whether 45th President Donald Trump may claim immunity from prosecution in the criminal charges case brought against him by Special Counsel Jack Smith starting in April.
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Doritos Cuts Ties With Transgender Influencer After Disturbing Past Tweets Surface‚ Online Boycott
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Doritos Cuts Ties With Transgender Influencer After Disturbing Past Tweets Surface‚ Online Boycott

Doritos announced on Tuesday that its social media partnership with transgender Spanish singer and social media influencer Samantha Hudson has come to an end.
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Lawyer Ashleigh Merchant Testifies Before Ga. Committee Investigating Fani Willis
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Ashleigh Merchant‚ the lawyer who first made a motion to disqualify Fulton County district attorney Fani Willis‚ testified before the Georgia Senate Special Committee on Investigations.
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Steely Dan Keyboardist Jim Beard Dies At 63
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