In September, inflation crept higher than anticipated, with the annual rate reaching 2.4%, surpassing forecasts.
The monthly Consumer Price Index (CPI) rose by 0.2%, according to the Labor Department. This uptick, though minor, pushes inflation beyond expectations, despite being the lowest rate since February 2021. Core inflation, which excludes volatile food and energy prices, also exceeded predictions, with a 0.3% monthly increase and a 3.3% annual rate.
The inflation rise is largely due to surging food and shelter costs. Food prices jumped 0.4% and shelter costs 0.2%, offsetting a notable 1.9% decline in energy prices. Meanwhile, used vehicle costs and medical services also contributed, rising 0.3% and 0.7%, respectively. Notably, apparel prices surged by 1.1%, underscoring the persistent inflationary pressure in some sectors.
Simultaneously, unemployment claims surged to their highest levels since August, with 258,000 initial filings for the week ending October 5. This rise in jobless claims, up by 33,000 from the previous week, stems from factors such as the aftermath of Hurricane Helene and the Boeing strike, which impacted states like Michigan and Florida. The labor market’s volatility adds another layer of complexity to the economic picture. […]
— Read More: dallasexpress.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
