With even the official jobs numbers failing to meet estimates and expectations, the government Reserve headed by Jerome Powell has promised to benevolently lower rates of interest to ensure the economy which runs largely on debt and borrowed money, can continue unabated.
Before anyone thinks this is some kind of reprieve from your Gold IRA Company, people should check out the reality that the price of gold has risen approximately the same % since the Dow Jones since the Fed Reserve made its dovish statements.
In fact, there’s many reasons to consider that many of the world central banks coming together simultaneously and lower interest levels is not really a sign of great things ahead, nevertheless 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 New Japan?
Japan’s experiments with low rates of interest has succeeded in delivering GDP growth at about – 1% per year because the early 90’s. Indeed, the ceaseless lowering of interest rates considering that the early 60’s ultimately failed when Japan disappointed the world that have previously expected it to become the prime contender with all the USA.
With so many of current modern countries having interest levels already underneath the official rate of global inflation already, it’s becoming readily apparent that this is simply one more stall tactic 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 as the times are still “good”, because one there’s blood in the water, the sharks will swarm and several 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 amounts of personal, corporate, and government debt; low trading volume, low money velocity with the real economy, insufficient auto purchases, record auto loan defaults, lower manufacturing orders, lower job creation numbers, reduced savings for your middle-class- it’s only a matter of time ahead of the bottom falls out of underneath the financial system.
Perhaps not today. Perhaps not tomorrow. But you can’t print money forever while layoffs are increasing exponentially, How To Protect Your 401k inside the real economy is decreasing, now even President Trump is asking wphxrd more QE (quantitative easing), when he once called the stock markets fake throughout his candidacy for office.
And it’s no wonder then that the price of gold has broken out of its recent lows to create surges during all this financial manipulation and tom-foolery, and the sky’s the limit for folks willing to grab gold and silver for their 401ks or IRAs.