South Korea is looking at a plan to purchase more US oil and gas to diversify its energy sources, and also ‘potentially head off the threat of President-elect Donald Trump’s proposed tariffs,’ Bloomberg reports.
The possible move would be aimed at reducing the trade surplus with America, as well as improving the country’s energy security, according to Thursday comments in Seoul from Minister of Trade, Industry and Energy, Ahn Duk-geun. The country is also considering additional government support for companies so they can import more oil and gas from countries outside the Middle East.
“Other countries are all talking about how they need to ease the growing trade deficit under the Trump administration,” said Ahn. “We are pretty much in the same situation so we are thinking about increasing energy imports, and there’s also a need to diversify supplies to improve energy security.”
South Korea is heavily dependent on exports to drive its economic growth – with the US being one of its top trading partners.
The move comes after Trump promised an array of protectionist policies – including universal tariffs – to try and reduce an out-of-control US trade deficit with other nations. […]
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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.
