January 2019    

Dear Friend,

In this article Michael Snyder writes that the current conditions in declining US home sales, increased consumer pessimism and interest rate increases create an environment like 2008 when the stock market plunged. He believes we are headed into a recession (economic contraction) based on history. Since World War II, each time the Federal Reserve has engaged in a rate hiking program, the results were either a recession or a stock market crash.

According to Peter Schiff, who is an economist, author and frequent guest on national news, “The rate hikes of the past have already guaranteed that the economy is headed for recession. It doesn’t matter whether they continue to raise rates in the future. The recession is a done deal.”

We at Eagle European Capital, LLC (EEC), believe it is important to prepare in advance for economic uncertainty. One of the best ways to prepare is to own and hold personally precious metals in the form of silver and gold coins and bullion. Not only is it a tangible investment instead of a paper one, historically, gold and silver have been used for bartering and to store wealth.

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Click the link below to read the entire article.