Central banks globally have embarked on fiscal stimulus and monetary easing on a scale never seen before, with QE seemingly now here to stay. Consequently, HNWI and institutional investors are rightly concerned about inflation and are looking for ways to preserve their wealth. VAULTALP offers its clients a segregated gold storage service that secures wealth preservation for the long term.
Central Banks embark on unlimited fiscal stimulus
In the economic fallout of the coronavirus pandemic, central banks around the world are implementing fiscal stimulus and monetary easing on an unprecedented scale. In the US the Federal Reserve has committed to buying a potentially unlimited amount of government debt, and has enacted other measures including buying securities backed by mortgages, credit cards, and car loans. As a result, the Fed balance sheet has gone from $4 trillion to a staggering $6trillion this year alone.
Limitless money printing leads to massive inflation
With global debt currently at 322% of GDP expected to increase to over 342% this year, this poses a huge risk for the global economy as the effects of the downturn start to bite. If, as expected, borrowers start defaulting on a massive scale this will put huge pressure on central banks and rising interest rates and massive inflation will be the outcome.
Solutions for preserving long term wealth
The average lifespan of a fiat currency is 115 years, and the USD for example has lost over 96% of its value in the last 100 years. Gold on the other hand has a 2,000-year record of preserving wealth, having the same purchasing power now as it did two millennia ago. More and more investors are seeing the value gold holds during turbulent times. The VAULTALP gold wealth preservation service provides fully regulated segregated gold storage outside of the banking system. Each individual bar is registered by its serial number to the owner who has full title and ownership to the gold. Storage is available in ultra-secure vaults in strategic global locations.
Now is the time to secure your wealth against unlimited money printing.