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New Law Cracks Down on Right to Use Cash. See Why!
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Banks Secretly Looking at Ways to Tap into Bank Accounts Legally
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BANKS GET GREEN LIGHT TO SEIZE SAVINGS
Learn how you can protect your money today!
Millions of Americans lost their retirements and savings in the
devastating crash of 2008. CNBC's Jim Cramer said that the persistent
sell-off in the stock market has gone beyond concerns about a slowdown
in global economic growth and that stocks are 'really oversold' after
markets fell to a new low for the year erasing all of 2018 gains.
Bloomberg's Ranjeetha Pakiam stated gold jumped above $1,700 an ounce
-- a level last seen at the end of 2012 -- as oil prices crashed and
U.S. equity futures plunged after crude producers launched a price
war, an additional disruption to a global economy already struggling
thanks to the coronavirus.
In the following essay by Goldman's Jeff Currie, published in the
bank's latest _Top of Mind _report, the bank's head of global
commodity research argues that we're facing "the largest commodity
demand shock since the Global Financial Crisis and sees more
volatility ahead." In retrospect, his forecast was spot on when it
comes to the price of Brent, which on Friday suffered its biggest
one-day drop since the global financial crisis as OPEC+ disintegrated
when Russia and Saudi Arabia failed to reach a production cut
agreement. But it's not all doom and gloom: while Currie is confident
there will be even more blood across most commodities, there is one
metal which he believes will be safe: _gold__ "which—unlike people
and our economies—is immune to the virus."_
The three major U.S. stock Indexes have all fallen more than 10% from
their recent highs, enough to be considered a market correction. And
it's worse for financial stocks, often a market leader: The sector is
down 20%, putting it in bear-market territory.
In recent months per the New York Times, the anxiety that we could be
in for a replay of 1929 — or 1987, or 2000, or 2008 — for any
American with a 401(k) including those with IRA's and other retirement
accounts. Paul Tudor Jones, the billionaire investor, recently posited
that we are likely in a "global debt bubble,"
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and Jim Rogers, the influential fund manager and commentator, has
forewarned of a crash that will be "the biggest in my lifetime"
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(he is 76).
What do you think will happen to your IRA or 401(k) when the economy
collapses again?
BANKS GET GREEN LIGHT TO SEIZE SAVINGS
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From capital controls, like daily limits on bank withdrawals, to years
of minimal interest rates making little headway on our retirement
savings. When the crash comes and the banks need money who do you
think they'll drain to bail them out?
That tactic is what is referred to as "the bail-in". The easy part
– the laws they needed had been in place for decades. But for added
cover, they passed the _Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010
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How can you avoid this and keep your money safe from an impending
crash and a bail in? Don't worry, you have options. American's are
rushing into gold and here's how you can to.
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Click here to get your complimentary guide
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There is ZERO cost and ZERO obligation to you. Planning is the key to
financial safety and freedom.
Learn how others are taking necessary steps to protect their money
and retirement savings with assets like gold
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One of the best kept secrets to investing in gold and other precious
metals is that you can use the money you have sitting in your IRA or
401(k) completely tax free!
While you still can: GET YOUR FREE GUIDE
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