U.S. Sailing Toward Iceberg While Congress Argue Over the Map

The U.S. is running out of money to pay old bills (let alone new ones!) and no one wants to sign the check… [Update your info]( | [UNSUBSCRIBE]( Can't read this email? [View it here](. [Birch Gold Group]( [WHY GOLD & SILVER?]( | [PRECIOUS METALS IRAs]( | [2021 GOLD INFO KIT]( | [CONTACT US]( Market Update: August 7, 2021 Hi Friend, The Biden administration appears to be downplaying the expiration of the debt ceiling extension. The non-partisan Congressional Budget Office predicts the Treasury will run out of cash within 90 days, then the checks start bouncing. Congress isn't even debating the issue yet, and Janet Yellen's getting desperate. Here's why ["extraordinary measures" might not be enough…]( Sincerely, Peter Reagan Birch Gold Group [Government Shutdown Returning?]( [Credit Suisse: Gold At Least 10% Undervalued]( Credit Suisse's commodity analysts make a strong case for a short-term rise in gold price. Consider bond yields: Last year, when rates were this low, gold was trading at $2,000 per ounce… [Read Here]( [Government Shutdown Returning?]( [What Would Our Economy Look Like in the Shadow of Vaccine Passports?]( The Biden Administration says Covid vaccines “should be mandated.” Brandon Smith of Alt-Market.us ponders potential consequences… [Read Here]( [Government Shutdown Returning?]( [Yellen Begins Extraordinary Measures to Prevent Default]( The non-partisan CBO predicts the Treasury will run out of cash within 90 days, and Congress isn't even talking about it. Instead of panicking, here's what we can do… [Read Here]( Precious Metals Prices Price at week's end (change over last week): Gold $1,764.85 (-2.8%) Silver $24.42 (-4.5%) Platinum $988.50 (-6.4%) Palladium $2,663.25 (-1.1%) The Week In Quotes August Could Be a Terrific Month for Gold “August could be a tough month for the S&P 500, but a terrific month for gold. Given the big picture backdrop right now, that wouldn't surprise me one bit.” - Jim Cramer [Read More]( --------------------------------------------------------------- Silver Prices Are Set to Rally Again “Silver prices look set to stage a double-digit percentage rally in the fall.” - Simon Constable [Read More]( --------------------------------------------------------------- Bitcoin vs. Gold? Here's What Billionaire Ray Dalio Thinks “If you put a gun to my head, and you said, I can only have one, I would choose gold.” - Ray Dalio [Read More]( We're here weekdays 6am to 5:30pm PST Have a question for your Precious Metals Specialist? Want to learn more about moving an existing IRA or 401(k) to an IRA backed by gold and silver? Our office is open every weekday from 6am to 5:30pm PST. Call us at (800) 355-2116. [WHY GOLD & SILVER?]( | [PRECIOUS METALS IRAs]( | [2021 GOLD INFO KIT]( | [CONTACT US]( --------------------------------------------------------------- [BBB]( [BCA]( [Dun & Bradstreet]( [Trust Link]( Follow us [Facebook]( [Facebook]( [Twitter]( [Twitter]( [LinkedIn]( [LinkedIn]( [YouTube]( [YouTube]( Ensure you receive your Market Updates without interruption. [Add us to your address book.]( Copyright © 2021 Birch Gold Group, All rights reserved. 3500 West Olive Avenue, Suite 730, Burbank, CA 91505 You are receiving this email because you have opted to receive email updates from Birch Gold. [UNSUBSCRIBE]( | [Update email address](