This is probably the single most brilliant financial move I’ve seen since I’ve been studying investing. Everbank now offers a special CD that tracks the price of precious metals — gold, silver, copper, platinum and nickel. But it’s FDIC insured, meaning if you invest 10k in the CD, you’ll get your 10k back no matter what.
If the price of metals goes up over the next few years because of inflation and a looming debt crisis, you get market upside returns.
This essentially means you’re able to invest in precious metals like gold and silver without also having to worry about losing your shirt. You get your money back no matter what. The CDs are for 5 years, and require $1,500 to get started.
Click here to invest in FDIC insured precious metals. On this page, just click “Five valued metals, no market risk” toward the bottom of the page.
They also have other related CDs, like CDs with multiple currencies so you can diversify your cash. The bank is really just brilliant. Check them out.
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