Since its inception, economists have given Europe’s monetary union mixed reviews. The seventeen European Union nations have faced increasing difficulty, thanks to credit defaults in some of the nations. In 2012, billionaire Warren Buffett warned that the eurozone was bound to collapse. What do these EU troubles mean to US investors?
This video explains how trouble in Europe impacts the US economy and why gold could be a safe haven. A weak euro means a dip in global exports to Europe, which in turn slows the global economy. To preserve wealth in the face of stock market problems, investors are moving up to 25 percent of their money to gold.
If you’re ready to secure your financial standing, let Capital Gold Group help you buy gold. Call (800) 510-9594 to learn more.
Disclaimer: The representatives at Capital Gold Group are not financial advisors and the information provided in this blog should not be considered financial advice. The past performance of gold investments is not indicative of potential future gains.