Your retirement account is in serious danger. You're not alone if you think another stock market crash will occur prior to the election. With the second wave of the viral outbreak in fall, experts are warning that stocks could easily drop more than 40% before the election.
Are your retirement savings safe if Biden Wins in November?
The booming stock markets with the support of President Trump's tax cuts have given millions of American a major financial boost. But that all could come to an end if Joe Biden wins in November. Both Wall Street and Main Street could suffer if he wins, and especially if Democrats take the Senate too.
They take from the haves to give to the have-nots. And if you have any retirement savings at all, you're one of the haves whose assets may be targeted.
With the federal government's debt now at over $26 trillionand counting, that money is going to come from hard-working taxpayers and investors. And that means your retirement savings may be up for grabs
In addition to the uncertainty of the election, we continue to witness a global Health, Financial and Economic crisis...
Needless to say, the current situation is a powder keg getting ready to blow. There is a tremendous risk on your retirement accounts and savings.Request this FREE Guide to learn how to secure your portfolio.
There are already plenty of worrying signs:
Unemployment is well above 30 million...
Record-breaking bankruptcies from small to large businesses...
Over 5.3 million households missed their mortgage payment and many renters fell behind on rents...
The national debt surged to $26.6 Trillion with all the $6 Trillion stimulus money being spent.
The economy dropped 32.9%; the worst contraction ever.
The U.S. Dollar is on its last leg, thanks to the politicians and Federal Reserve.
There is a serious liquidity crisis in the banking system! The Federal Reserve lowered the interest to 0% and has more than doubled its balance sheet from $3 Trillion to $6.2 Trillion in less than 2 months; simply put it created money out of thin air. Not to mention, the recent $2.2 Trillion covid-19 Stimulus.
The debt bubble is about to burst! The U.S. national debt has reached its highest level nearing $26 Trillion. All the stimulus, shutting down the economy and loss of tax revenue, is leading to an additional $4 Trillion forecasted budgetary deficit that will push the national debt to surpass $30 Trillion. That is a definite tipping point. Not to mention both corporate and consumer borrowings are at record high.
All these risks lead to a situation far worse than the 2000 dot-com bubble and the 2008 financial crisis combined. If you are as concerned as I am, and you are not the type to sit around and wait for something to happen, there is something you can do. Request this FREE Guide to learn how to secure your portfolio. You don't want to be a victim again.
During uncertain times it's prudent to reduce risk by diversifying into segments that are not as susceptible to devaluation, inflation or market crashes, and moreover has the potential to significantly increase in value to secure your financial future with tax benefits that every investor longs for. Diversifying your portfolio with Gold IRA is a wise choice. During the last recession, Gold increased 3X and Silver increased 5X.
This could be the way to finally support that peaceful future that you foresee for yourself and your offspring. Those who are currently heavily invested in equities and bonds will find themselves hurting when the stock market finally crashes. While the economy is at its peak, now is the time to lock in your profit from the last 11 years of bull market and place a portion into Gold & Silver.