Earnings360 Newsletter for 8/28/2024

The U.S. national debt has climbed from $27 trillion when Trump left office to over $38 trillion today — more than $280,000 per taxpaying American. For the first time in history, annual interest payments now exceed the entire national defense budget. Shanon Davis at American Alternative Assets has put together a free Presidential Transition Guide covering what economists call "The Impossible Trinity," how current debt levels and Fed rate decisions could affect purchasing power, and a 3-step strategy for shielding your IRA or 401(k) with the asset class that has historically held value through government debt crises.

Inflation doesn't crash your retirement overnight—it works quietly, month after month, eroding your purchasing power until the savings you spent decades building can barely cover half of what you planned. The U.S. national debt has surpassed $38 trillion, and Washington is now spending more on interest payments than on national defense. Every dollar printed to cover that gap makes the dollars in your 401(k) worth a little less. Smart Americans aren't waiting to react—they're repositioning a portion of their retirement into assets that have historically held value through every major period of dollar weakness, assets that sit outside the reach of the printing press, through IRS-approved Gold and Silver IRAs.