GuerillaStockTrading, a business in Clovis, CA, has released information on why people need to invest in gold to protect their financial future. They point out to recent news, where it was revealed that the White House is projecting that the budget deficit in 2016 will be $600 billion. They note that when a city goes bankrupt, it is the retirement pension accounts that get affected first, which means having money on hand is essential. Those who need more information on this can visit http://www.guerillastocktrading.com/invest-in-gold/.
Lance Jepsen, owner of GuerillaStockTrading, says: "It's very simple. When the government runs out of money, the only thing they can do is print more, unless they can decrease spending to the point where there is a surplus or increase interest rates beyond the point of inflation. The result is that cities can go bankrupt. At that point, what they do to get hold of just a bit more money is raid any paper money holdings, including people's pension funds and IRAs. This is why it is so important to invest in commodities like gold to have money on hand."
Lance Jepsen is a famous YouTube personality who has made it his mission to help people become financially independent, as his LinkedIn profile, https://www.linkedin.com/in/lance-jepsen-aba5b76, highlights. He wants to make sure that people know what they are doing in stock trading. Through his information, thousands of people have been able to stay on the right side of the market. He has developed a technique to analyze markets and is very proud of the fact that this method is fun as well. He has now placed a particular spotlight on gold investments, feeling it is the best option for financial security.
"The projected White House deficit is a very serious one," Jepsen adds. "$600 billion is a huge figure, but it is perhaps even more worrying that this is a $162 billion increase in the past years. This means the country is in trouble, so the time to put some safety nets in place is now." Further information on the projected deficit is available at http://www.newsmax.com/Newsfront/white-house-budget-deficit/2016/07/15/id/738929/.
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