Do THIS to protect your wealth in 2024

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Last week we asked the question - how can gold go up while interest rates go up?

Doesn’t seem possible, right?

Here’s the thing: it’s all about debt. Specifically, the US government’s debt.

Don’t forget, those interest rates the Fed messes with? That’s also the rate that the government borrows at. And things are way past dicey- we’re at the point now where the government can’t even afford to pay interest on their debt. If the US government were your husband, you’d divorce him.

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No, really.

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Introducing Whatnot, the live video auction platform for all things collectible, including, you guessed it, coins, currency, and silver.

You can get $15 free Whatnot credit with my link. I’ll see you at my next auction (more on this below)!

There’s only one way out of this situation for the government: inflation. They have to let inflation run rampant enough that tax receipts grow, while their existing debt stays the same. And that means that, crazy enough, as interest rates go UP, the more insolvent the government becomes and hence the more likely they are to take extreme measures to devalue the currency.

The bottom line: Owning gold right now is one of the few ways to protect your wealth.

And, readers of the Silverpicker newsletter can get a head start with Augusta Precious Metals.

You probably know how I feel about them already, so take a look at what former NFL quarterback Joe Montana had to say instead:

This week on my channel, another Whatnot auction. As always, I’m selling some of my prized possession, giving away some awesome coins and silver. And, if you’re reading this now, you get $15 in Whatnot credit - just click the link!

Not ready to commit just yet? Check out the preview in this week’s video.

Where I buy my collections: Check out my buying guide.