Rush Petro Dollar

The petrodollar system, where oil is traded exclusively in U.S. dollars, has been a key driver of the dollar's global dominance since the 1970s.


Rush Limbaugh has been warning us for decades that this system is coming to an end. China and Russia (BRICS) are already conducting oil trade in other currencies, undermining the U.S. dollar's status as the world's reserve currency.

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√ Globalization

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Frequently Asked Questions (FAQ)

  • What's a Gold IRA and how does it work?

    A Gold IRA is a type of self-directed Individual Retirement Account that allows you to invest in physical gold and other precious metals. It operates similarly to a standard IRA, except your portfolio includes physical assets. You'll choose a custodian to manage the account and a reputable dealer to purchase the metals, which are then stored in a secure facility.

  • I've got another IRA or old 401(k)—can I transfer or roll over to a Gold IRA?

    Yes, you can transfer or roll over funds from an existing IRA or 401(k) into a Gold IRA without tax penalties. This process involves coordinating with your Gold IRA provider to ensure the transfer complies with IRS rules.

  • Can I make automatic contributions?

    Automatic contributions are generally not possible for a Gold IRA due to the physical nature of the assets. However, you can schedule regular transfers from a linked bank account to your Gold IRA custodian, who can then purchase metals according to your instructions.

  • What kind of precious metals can I choose for my Gold IRA?

    IRS-approved metals for a Gold IRA include gold, silver, platinum, and palladium. These must meet specific fineness requirements, for example, gold must be 99.5% pure.

  • I’m not sure which precious metal to choose. Can you give me a recommendation?

    The choice of metal depends on your investment goals, risk tolerance, and market outlook. Gold is typically favored for its long-term stability, while silver might appeal for its affordability and industrial demand. Consulting with a financial advisor or a precious metals specialist can provide tailored advice.

  • What tax advantages do I get with a Gold IRA?

    A Gold IRA offers similar tax advantages to traditional IRAs. Your contributions may be tax-deductible, and the investment growth is tax-deferred until you make withdrawals, which can be strategically planned for lower-tax years in retirement.

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