How Noble Gold Investments Teaches The Public To Build And Protect Their Wealth
According to the U.S. Federal Reserve, a recession is imminent. Hiked interest rates, prestigious banks collapsing, and other economic instability are a few of the factors. Throughout this tumultuous time, consumer behavior is highly important for predicting the next market phase, but many shoppers have varying habits depending on their financial status. In addition to this uncertainty, political powers are emerging with another concerning threat to the U.S.' already threatened economy. Later this fall, the BRICS economic alliance of Brazil, Russia, China, India, and South Africa will convene about a new currency soon to be accepted in international trades. While it has yet to be confirmed, the notion of an alternative currency replacing the widely respected U.S. dollar makes the nation's future and economic standing even murkier.
For over 60 years, the U.S. dollar has been established as the world's primary reserve currency, giving it the federal backing to become a highly valued monetary system. However, with the threat of alternative currencies being accepted for Saudi Arabian oil exports and other major trades, the dollar is under fire. The tradition of only accepting the U.S. dollar as payment for the exportation of oil and other goods has been long standing, but Saudi Arabian leaders have already announced their openness to accepting other currencies. While this may have been an unavoidable historical event, it will significantly impact the economic security of the United States globally and how it functions as a nation.
The BRICS alliance has not settled on what form the currency will take on, but there are speculations that it could be a blockchain or backed by gold. In the last 12 months, the World Gold Council has highlighted that Russia and China are buying gold at record rates, which emphasizes speculations and growing concerns about what the U.S. dollar will be battling against.
Commenting on the situation, CEO of Noble Gold Investments, Collin Plume says, "If trading partner nations begin accepting different forms of currency, there is a good chance that the majority of the world's US dollar demand will plummet, which in turn will leave the US economy in an extremely vulnerable state."
To build financial literacy in the general public and combat the fear of economic insecurity, Noble Gold Investments is providing free masterclasses for people to protect and grow their wealth through investments in gold. The masterclasses can be accessed by any individual who subscribes to the Noble Gold newsletter. The videos the firm is uploading are easy to understand and can help the average person build a solid foundation of financial literacy. Sharing this knowledge without charging consumers is very pivotal to Noble Gold's mission. The firm was co-founded seven years ago by Collin Plume, who experienced his own share of failures and successes throughout his journey to become the CEO of Noble Gold Investments.
With his life-long entrepreneurial experience, Plume is teaching people the importance of investing in gold. As gold is not controlled by any government, it will maintain its value worldwide. By subscribing to the newsletter, Plume's goal is to educate people from all financial literacy levels on how to invest in gold through his free masterclasses, in a series of three to four minute online videos. In addition to guiding people on ways to diversify their investment portfolio whilst understanding the necessity of securing their wealth in times of economic downturns. The series of online videos will also provide people with the information and tools around navigating the US monetary system, essentially preparing people for the inevitable consequences of an ever- changing economy.
Amid various challenges to his business, Plume was able to learn how to build Noble Gold Investments into a successful business. He shares his knowledge to equip people to navigate the difficulties of managing money. Plume teaches people that money is not the sole indicator of wealth and collective economic efforts are what drive real wealth creation. Plume has been featured in many major news networks and has a monthly column on FX Street.
"It is about time for us to learn that money is not wealth, in particular the U.S dollar is only worth what we perceive it and it has no intrinsic value, that is why it is one of the worst investments you can make. You need to diversify. Build your portfolio the way you would build a basketball team - different assets with different roles. And that's what we will share in Noble Gold's Investment's masterclasses"