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 is some type of reprieve from the Gold IRA Rollover, people should check out the truth that the cost of gold has risen approximately the same % since the Dow Jones since the Fed Reserve made its dovish statements.
Actually, there’s many reasons to consider that many of the world central banks coming together at the same time and lower interest rates is not really an indication of positive things ahead, but the official end from the road for financial 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 interest rates has succeeded in delivering GDP growth at about – 1% per year because the early 90’s. Indeed, the constant lowering appealing rates considering that the early 60’s ultimately failed when Japan disappointed the planet which had previously expected it to become the prime contender with all the USA.
Because of 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 only one more 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 continue to be “good”, because one there’s blood within the water, the sharks will swarm and many accounts won’t survive the feeding frenzy.
This is why you prepare today for the purpose is guaranteed to come. There has never been a world reserve currency which has lasted forever, and because of so many real economic indicators showing a downturn in the economy- record degrees of personal, corporate, and government debt; low trading volume, low money velocity from the real economy, insufficient auto purchases, record auto loan defaults, lower manufacturing orders, lower job creation numbers, reduced savings for the middle-class- it’s only a matter of time ahead of the bottom falls out of beneath the financial system.
Perhaps not today. Perhaps not tomorrow. However you can’t print money forever while layoffs are increasing exponentially, 401k Gold within the real economy is decreasing, and today even President Trump is asking wphxrd more QE (quantitative easing), as he once called the stock markets fake throughout his candidacy for office.
And it’s not surprising then that the buying price of gold has broken away from its recent lows to make surges during all of this financial manipulation and tom-foolery, and the sky’s the limit for people willing to get gold and silver for their 401ks or IRAs.