| Under Joe Biden, we've seen spending at unprecedented levels, funding a proxy war, questionable student debt cancellation, and an unsustainable green agenda.
Now, investors face a growing list of risks heading into the fourth quarter that just keeps getting worse —
Learn top strategies for protecting your savings with a free copy of our 2023 Smart Savers Playbook Guide. - Rising Oil Prices
Crude prices that topped $90-plus per barrel last week and have risen 15% year to date.
- High Inflation
Prices for U.S. consumers grew 3.7% in August compared to a year ago as gasoline prices spiked, according to the Bureau of Labor Statistics.
- Interest Rates
Currently at a 22-year high, interest rates are likely to be raised yet again in December.
- Looming Market Crash
A 31-year market vet warns stocks face at least 23% downside with inflation still too high, a recession looming.
- China Economic Troubles
"Right now, China's economy is in the doldrums, and it's affecting economies globally," Tompkins says. "As China goes, many other economies go.
Analysts are sounding the alarm, warning of a ticking time bomb within the U.S. economy, counting down to a potential financial collapse.
But, here's the good news..
Investors are waking up and looking at safe haven assets like physical gold and silver that can retain their value outside the traditional financial system.
A Gold IRA can put you back in the drivers seat, and help protect your savings during an economic downturn. Get started with our free guide.
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