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Billionaires Make Trillions in Health Crisis

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Billionaires Gain Trillions of Dollars During Health Crisis

Devlyn SteeleBullion.Directory precious metals analysis 25 January, 2022
By Devlyn Steele

Director of Education at Augusta Precious Metals

While most of us are worried about a bubble burst, labor shortages, and our portfolios keeping up with inflation, billionaires made a fortune thanks to trillions of dollars printed by the Federal Reserve.
 

 
Just like you and me, these values are based upon the value of their stock portfolios, they don’t actually make money until they sell and lock in profits. Here is one big difference, while we are always told to hold no matter what happens, and that we will be okay in the long run, many of these billionaires have locked in their profits by selling.

In this video Augusta Precious Metals director of education discusses how this happens and what it may mean for our economy as a whole.

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Devlyn Steelebullion.directory author Devlyn Steele

Devlyn Steele is Director of Education at Augusta Precious Metals, America’s leading gold IRA specialists and go-to precious metals dealer for high-net-worth investors.

A Harvard educated professional economist, Devlyn writes and speaks extensively on precious metals’ use as a portfolio diversification tool and market hedge. He and his team provide a unique personalized introduction and onboarding webinar for new investors at Wyoming-based national gold and silver dealer Augusta Precious Metals.

This article was originally published here

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