WHEN an ECONOMY SLOWS: Issues That Impact Economic Growth: Part Four:
Gold: 1397.10 Silver: 15.10 Platinum: 820.00 Palladium: 1572.00
Dateline: Del Mar, CA: Monday, July 08, 2019
FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.
In our last session, FNB addressed slow economic growth factors that are directly or indirectly attributable to The FED and its policies.
In this session, FNB provides some suggestions for how average Americans and wise investors can begin to make preparations for the coming, anticipated recession and economic slowdown.
Make Preparations for Coming and Anticipated Recession:
Economists have a term for what the average American and contemporary investors face and stare down right now. The term is: “High Frequency Economic Activity.”
What, “High Frequency Economic Activity” means is volatility and lots of uncertainties. Face it, the average American right now looks out on the future and sees a steamy, hazy fog. This economy seems to make sense for a small percentage of the people. Most people right now sense lots of tension when it comes to economic matters.
FNB presents a case now for some simple and thoughtful steps that average Americans can and should begin to take in order to ease the financial ups and downs and twists and turns that seem certain to arrive.
FNB Tips for How to Recession Proof Your Personal Finances:
There are multiple, key steps that you can take to shore up your financial outlook. As 2020 and the next election cycle swing into high gear, average Americans can and should:
Clean up your portfolio: by this, we mean, find the laggards and the losers that you invested in that are now non-productive assets and dump them ASAP
Pay down and look to eliminate all debts: this means: “Get out of Debt!” Pay off your personal credit lines. Cut up your credit cards. Find the highest interest bearing cards or lines of credit and look to erase these first. Then, brick-by-brick and piece-by-piece position yourself to only work in cash and cash assets or equivalents moving forward
Credit Score: polish up your credit score. Deals are coming. Assets are going to see values erode in a rapid fashion. There will be new opportunities that will come your way and you should be ready to move on them
Discount purchases: people are going to want and need to unload and offload assets that are no longer performing for them. Or, assets that they can no longer afford to keep and maintain. These discounted assets are going to be ripe for the picking and smart investors are stockpiling cash and cash equivalents now to seize these moments
Buy and hold and take physical possession of gold and silver: Gold and silver have worked for over 5,000 + years for a reason: people–as in all people of every nation or nationality or political persuasion–trust their value. Start expanding your gold and silver holdings
“High Frequency Economic Times!” These are going to intensify going forward. Think. Take defensive actions now. Protect yourself. Prepare for advancement.
In our next session, FNB will look at the European markets and how these seem to be faring in the current economic setting.
FNB presents these issues to encourage investors, large and small to expand their physical gold and silver holdings.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:
FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB: