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 that triggers an irreversible decline in US and global stock markets, and yet many will recognize a strange sense of déjà vu.
The point is that 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’s often been said, “What goes up must come down,” and the stock market is no different. Since stocks are 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 ounce in 10 years.
Of course, the mainstream media will never tell you to buy gold and silver, or simply take profits and set aside cash in your investment accounts as fundamental weakness begins to manifest in the markets.
But you really don’t 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, 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” – all say the economy has never been better and that there is no recession. vision.
Meanwhile, more than 60% of CEOs surveyed around the world predict 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: a further cut in interest rates.
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 cheaply, 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 closings, you begin to see that the real economy isn’t doing as well as it is supposed to. they make you believe
And this is exactly why you have to act now and do something about your future while you can. By the time the gold bull market resumes and stocks begin to decline as a result of the lack of fundamentals in the real economy to support high prices, precious time will have been wasted.
Considering 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 in the Dow Jones, Nasdaq or S&P 500.
Compounded by global markets following suit, and a potential shutdown of markets and banks until things stabilize as governments intervene directly, the years could be erased from your retirement in a very short and volatile period of time.
With gold preparing to pass its own imaginary Maginot Line At a price of $1350, we could be fastening our seat belts in preparation for the next meteoric rise of this time-tested metal, and all the fundamentals 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 that I offer in the link below and in all my financial and investment 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 or a transfer from an Preexisting 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: improper faith in an unstable economy, improper confidence in an unsound fiat money system, and needless 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 for everyone you care about while there’s still time.
Nothing lasts forever, but remember: gold will outlive us all.