Phillip Diehl, head of U.S. Money Reserve, the largest supplier of gold and silver coinage in the United States, recently convened a special meeting at a secure, undisclosed location. Invited were heads of state, economic planners and other high-level officials working in and around the gold industry. The topic was increasing global instability and the systemic risks that are growing at a potentially dangerous rate in the U.S. financial markets.
During the meeting, Diehl revealed for the first time a report he and his staff had compiled. Titled “The U.S. Gold Report”, the monograph details a number of serious, even existential threats to the U.S. and global financial system. Learn more about US Money Reserve: http://www.prnewswire.com/news-releases/pearl-harbor-survivors-honored-in-washington-dc-presented-with-exclusive-pearl-harbor-silver-coins-from-us-money-reserve-300493774.html
Among these are the continued expansion of debt in the United States, both sovereign and household, which Diehl believes will inevitably lead to serious inflationary pressure. Diehl thinks that the United States could enter into an era of hyperinflation that would dwarf anything seen in the late ’70s or early ’80s.
Diehl is warning everyone with substantial investments in the capital markets or in liquid cash or cash equivalents that buying gold is one of the most well-proven and effective means of hedging against runaway inflation.
Diehl says that the U.S. economy has entered into a period of low growth that is not likely to subside. For a number of reasons, including the reaching of retirement age of the Baby Boomer generation, Diehl believes consumption rates will continue to fall, even as more older people than ever stay in the workforce. This will create far higher unemployment among younger workers, who normally consume the most.
It will also continue straining pension systems and healthcare, for which the federal government will have no choice but to continue printing off money and increasing the money supply. Diehl contends that this will inevitably lead to inflation, possibly spiraling out of control at some point in the next 10 years.
About U.S. Money Reserve
U.S. Reserve was founded in 2008 by Phillip Diehl. Deal saw, in the wake of the housing crash and subsequent financial crisis, that millions of Americans were dangerously exposed to systemic market risk. He believed that gold, one of the historically proven means of hedging against systemic risk, could help to make these poorly hedged citizens far more financially sound.
Over the subsequent decade, U.S. Money Reserve became the largest distributor of U.S.-issued gold and silver coins in the world. Today, it has served millions of customers.