US insolvency alarms spur calls for gold and real estate hedges in portfolios

New Treasury financial statements show federal liabilities far outstrip assets, with unfunded Social Security and Medicare gaps pushing total obligations well above $136 trillion. Economists warn the U.S. is effectively insolvent and warn of a fiscal catastrophe, even as currency-issuing power remains. The piece advocates diversification into hard assets like gold (with talk of upside to $10,000/oz) and real estate via fractional platforms, plus gold IRAs and professional planning to shield retirement funds. In short, the article urges portfolio diversification and hedges against potential dollar depreciation while noting the ongoing policy limits and risks.
- US Treasury reveals America is insolvent and famed economists warn of ‘fiscal catastrophe.’ Is your portfolio prepared? Yahoo Finance
- Opinion | When America’s budget will break, disastrously The Washington Post
- No One Wants to Talk About the Debt WSJ
- Opinion: The United States is headed for a fiscal cliff The Globe and Mail
- The ingredients are coming together for a US financial crisis The Telegraph
Reading Insights
0
4
25 min
vs 26 min read
98%
5,074 → 94 words
Want the full story? Read the original article
Read on Yahoo Finance