A Tactical Approach to Combat Inflation

Thursday, April 18, 2024 01:58 PM | PR Newswire via QuoteMedia

PR Newswire

LOS ANGELES , April 18, 2024 /PRNewswire/ -- Since the start of the pandemic, Americans have seen average prices increase more than 20% overall — giving people a sense that the cost of many goods and services, not to mention housing, has surged to unreasonable levels. As inflation continues to come in hot, prices of goods and services rise, and consumers are receiving less for their money. This can lead to a reduced standard of living, particularly for those with fixed incomes or limited resources.

With higher inflation no longer referred to as transitory, understanding its multifaceted consequences and knowing which alternative investment options you have becomes essential to preserving your purchasing power. Orion Metal Exchange states, that gold and silver are a tactical approach to combat inflation and have historically been utilized to protect wealth. These tangible assets possess intrinsic value, and their prices often tend to rise when currency values fall, providing a hedge against inflation and geoeconomic uncertainty.

"Protecting wealth in physical assets is a way to step away from the casino table and mitigate the risks associated with debt instruments," advises Jacob Blalock , CEO of Orion Metal Exchange. "The king of wealth preservation is gold. However, silver is very undervalued and most likely has more upside potential than gold. Gold and silver, have proven to be reliable safe-haven assets, providing additional stability when traditional investments may falter."

Investors can seamlessly transition their portfolios into Gold IRAs offering the ability to own physical precious metals in an IRS-compliant accredited retirement account. Gold-backed Individual Retirement Accounts (IRAs) offer investors a unique opportunity to counter the effects of inflation while enjoying the tax benefits associated with retirement accounts. Unlike traditional IRAs, which typically hold stocks, bonds, and mutual funds, gold-backed IRAs allow investors to allocate a portion of their retirement savings to tangible precious metals.

Orion Metal Exchange is a leading provider of physical precious metal investment products and offers a variety of self-directed individual retirement account programs that enable investors to own physical gold, silver, platinum, and palladium. Orion Metal Exchange is committed to fostering long-term relationships by offering transparency in product pricing, best-in-class customer service, and a customer-exclusive fee-free buyback policy. Orion is top recommended by Retirement Living and Consumer Affairs.

To learn more about Orion Metal Exchange, please call 1-800-559-0088 or visit www.orionmetalexchange.com .

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Orion Metal Exchange
Contact Name: Customer Service
Phone Number: 877-420-1682
Email Address: Admin@orionmetalexchange. com
www.orionmetalexchange.com