Terry Sacka Explains De-Dollarization on The Wealth Transfer
On the Wealth Transfer show, Terry Sacka addressed the notion that the Chinese Silk Road De-Dollarization has begun and explained how that will impact the lives of every American.
By: Cornerstone Asset Metals
He opened with the explanation, "De-dollarization is really the impact of our hegemony and bully-ness as a superpower all these decades. We have run the course. This is actually began once the US Dollar went off the gold standard and became a fiat currency note (not backed up by anything) - now it's just made of cotton and it burns rapidly."
The full show can be seen in the video below:
He also made recent social media postings to his Twitterstream and Facebook timeline to raise awareness of the pending launch of China's Petroyuan.
Terry Sacka, AAMS is the founder of Cornerstone Asset Metals, a dealer in natural resources (precious metals to be specific), and offers gold, silver and other precious metals backed IRAs, backed by real physical, tangible hard assets, not paper investments.
His new series Terry in Two, offers two minutes of introspective thoughts, reflections, and observations of world events in the macro and how they affect our American way of living in the micro.
At Cornerstone they believe with fluctuating paper-dominated assets funding the majority of individual retirement accounts and the potential shortfall in Social Security, a well-diversified retirement plan should include precious metals; one of the few assets that have demonstrated the ability to retain value when other investments may fall short.
Precious Metals IRAs
Gold and silver is the best performing asset class in the last ten years. The nice part about a precious metals IRA - there actually is a physical metal purchased and stored on your behalf. Gold is capable of going back to its high, yielding a 60% return and silver a 200% return. They are the real wealth transfer in the physical market.
About Terry Sacka
Terry Sacka has been quoted several times by some of the most respected financial publications, such as Investor's Business Daily, Institutional Investor and the Wikipedia page "Silver as an Investment".
Diversification in Silver: http://cornerstoneassetmetals.com/