Retirement Lifestyle Advocates
How will the GENIUS Act affect you?
The level of debt that exists in the world presently is unpayable, and the rate at which new debt is being added is unsustainable.
Despite the passage of the ‘big, beautiful bill’ and lower tax rates for the near term, history teaches us that longer-term tax rates will likely move higher as tax policy eventually becomes more oppressive.
Here’s the important question: Have you done fiat currency diversification in your portfolio?
We’ve seen the meme stock bubble burst and are now in the middle of an artificial intelligence bubble, in my view.
One needs only look at the US Dollar Index to see how much the US Dollar has weakened.
As if on cue, silver prices staged a big rally last week, advancing more than 9% from the prior week’s close.
Is a New Gold Standard Imminent?
It seems that the realities of debt excesses are setting in. The 30-year US Government Bond saw yields creep back above 5% last week; mortgage rates followed suit.
The gold-to-silver ratio is now near an all-time high.