It was a pretty normal day like any other before, but this one was somehow different..
That is exactly what it will feel like to watch the next sequence of events trigger an irreversible crash in US and global stock markets, and yet many will recognize a strange sense of déjà vu.
The thing is, recessions come and go, but wisdom is forever. And the wise among us are already planning for the next recession when the US enters the longest business expansion cycle in its history.
It has often been said, “What goes up must come down,” and the stock market is no different. With stocks being some of the most expensive financial instruments you can buy right now, billionaire hedge fund managers like Jeffrey Gundlach and Stephen Kaplan are making some pretty bold predictions, like the price of gold hitting $5,000 a day. ounce in 10 years.
Of course, the mainstream media will never tell you to buy gold and silver, or simply take profit and set aside cash in your investment accounts as fundamental weakness in the markets begins to manifest.
But you don’t really expect CNN Money, MSNBC, or Fox Business to manage your retirement, do you?
At least, not with your greatest benefit in mind.
And that’s exactly where we are right now. The federal government, the pundits and the Fed, the big bankers, even the president who once called the stock market “one big ugly bubble” and the unemployment numbers “bogus” — they all say the economy has never been better. and that there is no recession. knowledge.
Meanwhile, more than 60% of CEOs surveyed around the world predict that there will be a recession by 2020, at the latest. With Fed Chairman Jerome Powell promising to do “whatever it takes” to keep this train on its tracks, that really only means one thing: further interest rate cuts.
Lowering interest rates is a sign of a weak economy that cannot survive under the weight of its own debt., and the US dollar and US stock markets are simply debt systems. This is why corporations, empowered by Uncle Sam, have borrowed money at rock bottom, incurred record amounts of debt, and bought their own stock to prop up and inflate their prices.
After all, the CEO and board of directors of major corporations are paid largely based on the performance of the company’s stock. This is why you often see big bonuses for executives, even in tough times for regular folks like you and me, and the shrinking middle class.
And now, we have record personal debt and record federal debt to match. When you factor in a severe slowdown in factory orders, disappointing job numbers, and the record number of retail closures, you begin to see that the real economy isn’t performing as well as it is. they make you believe
And this is exactly why you have to act now and do something about your future while you still can. By the time the bull market in gold resumes and equities begin to decline as a result of the lack of fundamentals in the real economy to support high prices, precious time will already have been lost.
Keeping in mind that it can take anywhere from several weeks to 3 months to process a withdrawal from a managed fund or initiate a 401k rollover, added with Murphy’s law what states “what can happen, will happen”You could easily lose 20-25% of your total portfolio when real volume takes hold again on the Dow Jones, Nasdaq or S&P 500.
Compounded by global markets following suit, and a potential for market and bank closures until things stabilize as governments step in directly, years could be erased from your retirement in a very short and volatile period of time.
With gold preparing to spend his own imaginary maginot line At a price of $1350, we could be fastening our seatbelts in preparation for the next meteoric rise of this time-tested metal, and all the rationales are there for it.
As you continue to see all the signs and indicators flashing red in the economy, along with the government’s promise to essentially print more money (because they know they have no real options to fight the recession), there has never been a better time to invest. in physical precious metals, not only for protect your 401k, IRA and savings from the next economic downturnbut to really benefit from it.
That’s why I encourage all my subscribers and viewers on YouTube to apply for the Free Gold IRA Transfer Kit which I offer at the link below and in all of my financial and investing videos. It’s risk-free, there’s no obligation, and if you qualify ($10k or more) you’ll receive a DVD, a special edition of Forbes magazine, and other information on the power of physical gold in a new metals IRA account or transfer from one Pre-existing 401k gold IRA.
Many people have accepted my free offer and none of them regret it. You really have nothing to lose except for 3 things: inappropriate faith in a shaky economy, undue trust in an unsound fiat money system, and unnecessary sleepless nights filled with worries about your financial future.
Do yourself a huge favor, bookmark or email this article to yourself so you can read it again in a few weeks and to everyone you care about while there’s still time.
Nothing lasts forever, but remember: gold will outlive us all.