(Just The News)—Stronger-than-expected job numbers in June put the Federal Reserve chairman in a bind as President Donald Trump escalates pressure on the central bank to slash interest rates.
The Federal Reserve, governed by its mandate to keep price levels stable and facilitate full employment, will find it hard to cut interest rates. The Fed normally lowers rates when unemployment is rising or inflation has consistently met its 2% target. Despite a decline in the inflation rate from its recent highs, the measure still remains above the Fed’s target.
Yet, President Trump has slammed Chairman Jerome Powell for failing to cut interest rates, claiming that it is holding the economy back from even more gains after years of sluggish growth during the COVID-19 downturn and government stimulus efforts under President Joe Biden.
This puts Powell in a bind—facing a choice between pleasing the president or following historical precedent, and prolonging the rhetorical onslaught from the White House, which is entertaining plans to replace him.
- Read More: justthenews.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
