Eagle European Capital, LLC " A prudent person foresees danger and takes precautions." Prov 22:3 NLT
Michael Snyder reports that some states have already fallen into a recession with more to follow. He states that economic activity is slowing down globally with some states feeling the pain, especially those dependent on the energy industry. Corporate profits in the US have declined for three quarters in a row which is the first time this has occurred since the last recession. Among the numerous companies who are closing stores are: Wal-Mart, K-Mart, Macy’s, The Gap, and Sears.
The real question is with all this dire economic information is, “How does one prepare for an economic downturn?” We at Eagle European Capital, LLC believe one of the best strategies to prepare is to buy precious metals and hold the coins and bullion in your possession.
Gold and silver are real assets as opposed to paper assets. Precious metals in your possession are not subject to counter party risk like bank assets. In challenging financial times, owning real assets like gold and silver coins and bullion are a place to store wealth. Prices for these precious metals are rising, however still available at great prices.
Contact us at 817-825-2036 or 1-888-623-1239 for more information.
To read the entire article, click the link below.
Recession 2016: In Some States, A Very Deep Economic Downturn Has Already Arrived
By Michael Snyder, on February 22nd, 2016
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