In commenting on the Institute for Supply Management (ISM)’s latest report on the manufacturing sector of the U.S. economy, Timothy Fiore, the chairman of the committee responsible for the report issued on Tuesday, said it all:
U.S. manufacturing activity contracted again in September, and at the same rate compared to last month.
- Demand continues to be weak, output declined….
- New Orders Index remain[ed] in contraction territory….
- New Export Orders Index contract[ed] at a faster rate….
- Backlog of Orders Index stay[ed] in strong contraction territory….
- Output (measured by the Production and Employment indexes) continued in contraction….
- Employment shrunk at a faster rate.
“Business Is Flat”
Business owners surveyed by the ISM were equally candid.
- “Business is flat. Waiting for interest rates to drop and the election outcome in November before we confirm our 2025 plans. Currently planning on a flat 2025.” (Furniture & Related Products)
- “Our sales continue to be flat. Our customers are telling us that although our products perform very well, they are forced to seek lower-cost components to maintain their sales.” (Textile Mills)
- “Sales have slowed this quarter compared to the same time period last year. Adjusting production accordingly.” (Miscellaneous Manufacturing)
- “Not adding new jobs. Automotive original equipment manufacturers (OEMs) are starting to slow or cancel orders. The pace is slowing.” (Primary Metals)
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— Read More: thenewamerican.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.
