According to a recent report by Germany’s Federal Statistical Office, the country is now facing its highest annual inflation rate in over 70 years.
The office published its initial data on January 5, 2023, which highlighted how full-year inflation shot up to 7.9% in 2022 in the middle of rising energy and food prices. The last time Germany experienced such a level of inflation was in 1951, when inflation was hovering at 7.6%. For perspective, the annual inflation rates stood at 3.1% in 2021.
In October, inflation in Germany reached a record 10.4% before falling to 10% in November.The Russo-Ukrainian conflict […]
Article Source: bigleaguepolitics.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.