PM103-How Transactional Gold Helps You Spend Save and Hedge Inflation - Pirate Money

As gas prices surge amid international turmoil, the inflation conversation heats up, particularly in light of recent developments under both Trump and Biden administrations. Kevin Freeman and co-hosts Marnie and Mike Carter delve into the practical implications of transactional gold and how it offers real alternatives for spending and saving against inflation. Marnie highlights the complexities of spending gold, sharing personal insights on its practicality at the gas station. Meanwhile, Mike reveals exciting advancements in technology that facilitate gold transactions anywhere a debit card is accepted. The episode uncovers the importance of state legislation and tax implications, exploring how gold and silver can be treated as legal tender, allowing for a simple way to navigate capital gains taxes that typically burden investments. With unexpected bipartisan support for gold as currency, Kevin and his team shed light on the economic opportunities this shift presents, emphasizing how everyday people can benefit. The hosts also reflect on historical inflation statistics and provide a hopeful outlook for the future as they advocate for empowering citizens with alternative money solutions. Tune in for a compelling discussion about the intersection of gold, modern technology, and personal finance—an enlightening exploration that challenges conventional wisdom in today’s economic landscape.