PCT Metals

Russia's sanctions-imposed exile from global financial systems last year also fuelled speculation that non-western allies would shift away from the dollar.

"The objective, irreversible process of de-dollarisation of our economic ties is gaining momentum," Putin told the summit on Tuesday.

What is a BRICS currency and is the U.S. dollar in trouble? Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations.

Worried about the potential erosion of retirement savings due to currency devaluation? Gold and silver hold their value irrespective of fluctuations in fiat currencies. Throughout history, gold and silver have maintained their purchasing power while fiat currencies have experienced significant devaluation.

Analyst Discusses US-BRICS Power Shift — Warns of Dollar Dominance Ending – Economics Bitcoin News An analyst says the U.S. dollar's dominance may be ending. As reliance on the USD diminishes, central banks will dump their dollar reserves.

A new analysis puts a dollar figure on the cuts Americans could see to Social Security benefits in 2033, when analysts expect payroll taxes that flow into the program won’t be enough to cover monthly payments to retirees.

It estimates that a typical, newly retired, dual-income couple would see a drop of about $17,400, amounting to roughly $1,450 a month.

Retirees Face $17,400 Cut to Social Security Benefits in 2033 A new analysis has calculated the potential reduction in payouts if politicians are unable to address the looming budget shortfall.

Former President Donald Trump will be arraigned at the E. Barrett Prettyman courthouse in Washington, DC, on August 3 on charges alleging he attempted to overturn the 2020 election.

Watch Live: Donald Trump Arraigned in Washington, D.C. Former President Donald Trump will be arraigned in Washington, DC, on August 3 on charges alleging he attempted to overturn the 2020 election.

According to the World Gold Council, gold has outperformed other asset classes over the past 50 years, including stocks, bonds, and real estate. Call our office at 800-719-7951 to learn more about converting your retirement plan to a precious metals IRA.

There’s a roughly one-in-four chance that the US will hit the so-called X-date — at which the government runs out of cash — without a deal to raise the debt limit, and the odds are getting worse, according to JPMorgan Chase & Co.

The Odds of US Going Past Default Date Are 25% and Rising, JPMorgan Says

Did you know that over the past 20 years, gold has outperformed the S&P 500 by a factor of more than three? A gold or silver IRA can help diversify your retirement portfolio and potentially increase returns over the long term.

The battle over raising the debt ceiling has threatened to rattle markets and wreak havoc on the US economy.

What the Debt Ceiling Battle Means for Your Money Partisan gridlock over the cap on government borrowing has threatened to rattle the stock market and the economy.

A comprehensive retirement plan should include a mix of investments, including stocks, bonds, and alternative assets such as gold and silver. According to a recent survey by the American Institute of CPAs, nearly one-third of Americans believe that gold is the best long-term investment, ahead of stocks, real estate, and bonds.

US commercial real estate prices fell in the first quarter for the first time in more than a decade, according to Moody’s Analytics, heightening the risk of more financial stress in the banking industry.

Commercial Real Estate Prices in the US Fall for First Time Since 2011