Turnkey Retirement Vol. 22

Keeping Up with Inflation, Gold Hits Highest Closing Price in History, and Forge Your Team and Get a Plan

Author

Audrey Planz
August 21, 2024

Turnkey Retirement Newsletter: Volume 22

BIG NEWS this last week. Gold finally did the thing! More thoughts on this below.

Our resident precious metals expert, Taylor, has been educating our members about the positive impact that a cut in interest rates can typically have on the price of gold and silver.

Keeping Up with Inflation

There’s a lot of confusion about what “lower inflation” really means. Long story short, prices are still going up – what are your thoughts on how to best keep up with inflation?

Gold Hits Highest Closing Price in History

For the first time, an ounce of gold crossed the $2,500 threshold. In 1920, an ounce of gold bought a very nice suit – but only cost you $20.69. 

Now, it still buys you a very nice suit. So, is gold more valuable, or is the currency we are conditioned to see as the most important indicator of value just… less valuable?

Forge Your Team and Get a Plan

Our friends over at Peak Prosperity gave a great perspective on the importance of a team and a plan. I agree with emphasizing both of these and we continue to put a focus on growing our team and community to set our members up to have the tools to find success.

Closing

Get in the game, but don’t get in it alone — teams are more successful than individuals for a reason.

To Freedom,

Damion

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