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 ensure the economy which runs largely on debt and borrowed money, can continue unabated.
Before anyone thinks this is some form of reprieve from the Best Gold IRA Rollover, people should have a look at the reality that the price of gold has risen about the same % since the Dow Jones because the Fed Reserve made its dovish statements.
In reality, there’s many reasons to consider that most of the world central banks coming together simultaneously and lower interest rates is not a sign of great things ahead, however the official end in the road for financial 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 at around – 1% each year because the early 90’s. Indeed, the constant lowering of great interest rates because the early 60’s ultimately failed when Japan disappointed the world that had previously expected it to become the prime contender with all the USA.
Because of so many of current modern countries having rates of interest already underneath the official rate of global inflation already, it’s becoming readily apparent that this is just 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 desire to position themselves accordingly whilst the times are still “good”, because one there’s blood in the water, the sharks will swarm and lots of accounts won’t survive the feeding frenzy.
For this reason you prepare today for what is sure to come. There has never been a world reserve currency that has lasted forever, and with the amount of real economic indicators showing a tough economy- record levels 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 that middle class- it’s only a point of time prior to the bottom falls from underneath the financial system.
Maybe 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, and now even President Trump is asking wphxrd more QE (quantitative easing), when he once referred to as stock markets fake during his candidacy for office.
And it’s no wonder then that the buying price of gold has broken from its recent lows to make surges during all of this financial manipulation and tom-foolery, as well as the sky’s the limit for people willing to get silver and gold for 401ks or IRAs.