With even the official jobs numbers failing to meet estimates and expectations, the Federal Reserve headed by Jerome Powell has promised to benevolently lower interest levels to guarantee the economy which runs largely on debt and borrowed money, can continue unabated.
Before anyone thinks this really is some type of reprieve through the How To Protect Your 401k, people should take a look at the truth that the price of gold has risen about the same % because the Dow Jones since the Fed Reserve made its dovish statements.
In fact, there’s many reasons to believe that many of the world central banks coming together at the same time and lower interest rates is not a sign of great things in the future, but the official end in the road for stock markets artificially propped up and inflated by easy money, money printing, and market interventions.
Is the USA the newest Japan?
Japan’s experiments with low rates of interest has succeeded in delivering GDP growth around – 1% annually considering that the early 90’s. Indeed, the continual lowering of interest rates because the early 60’s ultimately failed when Japan disappointed the entire world that have previously expected it to be the prime contender with the USA.
With the amount of of current modern countries having interest levels already underneath the official rate of global inflation already, it’s becoming readily apparent that this is just an additional stall tactic until the entire global economic and monetary system resets.
Keeping this in your mind, savers, retirees, 401k and IRA holders will all want to position themselves accordingly while the times remain “good”, because one there’s blood within the water, the sharks will swarm and many accounts won’t survive the feeding frenzy.
This is the reason you prepare today for what is sure to come. There has never been a world reserve currency which includes lasted forever, and with so many real economic indicators showing a downturn in the economy- record levels of personal, corporate, and government debt; low trading volume, low money velocity through the real economy, absence of auto purchases, record auto loan defaults, lower manufacturing orders, lower job creation numbers, reduced savings for that middle-class- it’s only dependent on time ahead of the bottom falls out from underneath the financial system.
Perhaps not today. Perhaps not tomorrow. However you can’t print money forever while layoffs are increasing exponentially, How To Protect Your IRA From A Market Crash inside the real economy is decreasing, and today even President Trump is asking wphxrd more QE (quantitative easing), when he once referred to as stock markets fake throughout his candidacy for office.
And it’s no surprise then that the cost of gold has broken away from its recent lows to help make surges during all of this financial manipulation and tom-foolery, and the sky’s the limit for people willing to grab gold and silver for 401ks or IRAs.