With even the official jobs numbers failing to meet estimates and expectations, the government 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 kind of reprieve from the How To Protect Your 401k, people should take a look at the reality that the buying price of gold has risen about the same % as the Dow Jones because the Fed Reserve made its dovish statements.
Actually, there’s a lot of reasons to believe that most of the world central banks coming together concurrently and lower rates of interest will not be an indication of positive things in the future, but the official end of the road for stock markets artificially propped up and inflated by easy money, money printing, and market interventions.
Will be the USA the brand new Japan?
Japan’s experiments with low interest levels has succeeded in delivering GDP growth at about – 1% each year because the early 90’s. Indeed, the constant lowering of interest rates considering that the early 60’s ultimately failed when Japan disappointed the entire world which had previously expected it to become the prime contender with all the USA.
With so many of current modern countries having interest rates already underneath the official rate of global inflation already, it’s becoming readily apparent that this is simply an additional stall tactic up until the entire global economic and monetary system resets.
Keeping this in mind, savers, retirees, 401k and IRA holders will all want to position themselves accordingly while the times are still “good”, because one there’s blood in water, the sharks will swarm and lots of accounts won’t survive the feeding frenzy.
This is why you prepare today for what is guaranteed to come. There has never been a world reserve currency that has lasted forever, and because of 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 from the real economy, lack of auto purchases, record car loan defaults, lower manufacturing orders, lower job creation numbers, reduced savings for your middle class- it’s only dependent on time prior to the bottom falls from underneath the financial system.
Perhaps not today. Perhaps not tomorrow. But you can’t print money forever while layoffs are increasing exponentially, Protect Your Retirement From Market Crash inside the real economy is decreasing, now even President Trump is asking wphxrd more QE (quantitative easing), when he once known as the 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 this all financial manipulation and tom-foolery, as well as the sky’s the limit for individuals willing to grab silver and gold for 401ks or IRAs.