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U.S. debt ceiling debate creates winning case for this gold stock

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schaeffer.com

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marketing@mail11.schaeffer.com

Sent On

Wed, May 31, 2023 05:07 PM

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Dear Reader, The U.S. debt ceiling debate has reached a critical point. Yet, the White House has mad

Dear Reader, The U.S. debt ceiling debate has reached a critical point. Yet, the White House has made little to no progress in making a deal and is now just days away from an unprecedented economic catastrophe. What happens if the U.S. defaults? For starters, millions of Americans would go unpaid. Government programs like education, social security, welfare and housing would lose their funding. Even if the debt limit is breached for no more than a week, the U.S. economy would weaken so quickly that it would wipe out roughly 1.5 million jobs. If the breach extends into the summer, the U.S. economic growth would sink, 7.8 million jobs would vanish, borrowing rates would skyrocket, unemployment would soar and a stock market drop would erase $10 trillion in household wealth. But, that's just in the United States. Imagine the global financial upheaval that would take place if the world's most powerful economy collapses. The repercussions would quickly spread across the entire world and no corner of the global economy would be safe. Fortunately, as history has shown us time and time again, during tough economic times gold will emerge amid the rubble as our knight in shining armor. In August 2011, when Republicans and Democrats couldn't come to an agreement and raised the debt ceiling just hours before the deadline [it drove gold up to an all-time high]( of $1,910 an ounce. It's no wonder central banks are buying gold at the fastest pace on record. As the debt ceiling crisis looms, investors will have few places to run to protect their wealth. Which is why we're falling head over heels for this gold exploration stock that is positioning itself to become a significant producer in Canada. [Find out the name and symbol of this red-hot gold stock.]( Regards, Market Jar Media Inc. This is a PAID ADVERTISEMENT provided to customers of Schaeffer's Investment Research. Although we have sent you this email, Schaeffer's does not specifically endorse this product nor is it responsible for the content of this advertisement. Furthermore, we make no guarantee or warranty about what is advertised above. Your privacy is very important to us, if you wish to be excluded from future notices, do not reply to this message. Instead, please click [here.]( Schaeffer's Investment Research 5151 Pfeiffer Road, Suite 450 Cincinnati, Ohio 45242

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