As the 2024 election approaches, the economic landscape is shifting fast, and most people aren’t prepared for what’s coming. Your savings could be at serious risk, and the threats are more real than ever. In a recent interview, Justin Hightower, National Sales Director at Priority Gold, joined Todd Starnes to discuss three massive dangers that could wipe out wealth if action isn’t taken soon.
These threats aren’t far-off possibilities—they’re happening right now. Here’s what every saver and investor needs to know.
Click below to listen to the podcast with Todd & Justin:
The 3 Financial Threats You Can’t Ignore:
1. Government Overreach: Will They Take Control of Your Money?
One of the biggest concerns highlighted in the conversation was government overreach and the increased oversight of personal savings. Tools like FedNow and the potential for a digital dollar are fast-tracking a future where the government has unprecedented control over every transaction.
Imagine a world where every dollar spent is monitored, every financial move scrutinized, and personal autonomy over money is eroded. With the rise of IRS surveillance and real-time payment systems, this isn’t a distant possibility—it’s becoming the new reality.
How to shield yourself: Physical gold provides a shield against this overreach. Unlike digital assets, gold is tangible, can’t be tracked or frozen, and remains entirely outside government control. Holding physical gold ensures financial sovereignty in a world where monetary freedom is under threat.
2. The $35 Trillion Debt Bomb: Inflation and Taxes Are Coming for Your Savings
The national debt has skyrocketed to over $35 trillion, creating a ticking time bomb for the U.S. economy. As Justin explained, this enormous debt is driving up inflation and making future tax hikes inevitable.
Inflation is already taking a heavy toll. The value of the dollar is declining, and savings sitting in traditional accounts are eroding by the day. When the government prints more money to cover debt, the purchasing power of each dollar weakens. And with higher taxes looming to manage this unsustainable debt, savings and retirement funds are more exposed than ever.
How to shield yourself: Gold and silver have historically acted as wealth havens during inflationary periods. When the dollar loses value, gold and silver rise, making them essential tools for fortifying wealth in times of economic instability. They are proven stores of value that withstand the pressures of inflation and market volatility.
3. The BRICS Threat: Is the U.S. Dollar Losing Its Global Power?
One of the most alarming developments discussed was the global assault on the U.S. dollar. BRICS nations—Brazil, Russia, India, China, and South Africa—are actively working to reduce their dependence on the dollar. They’re rapidly increasing their reserves of gold and silver, preparing for a new global financial system that sidelines the U.S. dollar.
As these countries move toward backing their currencies with physical gold, the U.S. dollar’s dominance is being challenged. If the dollar loses its status as the world’s reserve currency, its value could plummet, and with it, the savings tied to it. This is not just a geopolitical issue—it’s a personal one, as Americans’ savings and retirement accounts could be hit hard by the weakening dollar.
How to shield yourself: Follow the lead of BRICS nations. Gold and silver are not only stores of value; they are essential in a world where the U.S. dollar is losing ground. Diversifying with these metals offers a critical hedge against a weakening dollar and ensures financial stability as the global financial system shifts.
Why Gold and Silver Are the Smartest Move Right Now
With economic uncertainty mounting, 2022-2024 have seen record-breaking global demand for gold. Nations across the globe are turning to gold, moving away from the U.S. dollar. The signs are clear—gold is set to soar as demand continues to rise and the dollar weakens.
And silver? Silver is on fire. With global demand hitting 266 million ounces this year alone, silver’s importance in technology, renewable energy, and industrial sectors is driving its value even higher. Many experts believe silver could outperform gold in the coming years, offering greater upside potential as it becomes scarcer and demand continues to grow.
Silver offers a powerful opportunity to diversify portfolios at a lower entry point than gold, making it a smart option for those looking to protect wealth while benefiting from significant growth potential.
Act Now to Protect Your Wealth Before It’s Too Late
The threats are real, and the time to act is now. Justin Hightower emphasized the urgency of taking action before these economic dangers fully unfold. Waiting could leave your savings vulnerable to inflation, government overreach, and the declining U.S. dollar.
That’s why we’ve created a brand-new Wealth Defense Guide, filled with practical strategies to help shield your IRA, 401(k), and personal savings with gold and silver. This guide offers step-by-step advice on how to diversify your wealth and fortify your savings from these growing threats.
Call 888-506-6439 right now to request your free guide and a free consultation with a Priority Gold specialist. The longer you wait, the more exposed your savings become. Now is the time to take proactive steps and shield your financial future.
