The U.S. debt ceiling comes into effect at the end of July, putting pressure on the Treasury to reduce its cash balance ahead of the deadline. That means more injections of cash into a financial system already awash with liquidity, a scenario that could further sink short-term rates and cause undue distortion in the overnight repurchase market.
Consider a Gold IRA
One strategy for protecting your wealth is diversifying your portfolio with a Gold IRA. Oakhurst Metals specializes in Gold IRAs and can help you convert your traditional or Roth IRA or 401(k) into a Self-Directed IRA, capable of investing in IRA eligible precious metals. To get started, give us a call at (888) 260-4749 or fill out your information here.