Let's face it: There's a lot to worry about these days if you hope to protect your hard-earned savings and retire comfortably (if at all!).
As the financial fallout of the COVID-19 pandemic continues to send shockwaves throughout the stock market, your nest egg is more fragile than ever. Now that a surge in cases is forcing the economy to retreat from reopening, worries about an increasingly prolonged period of extreme volatility are reaching a fever pitch.
FACT: COVID-19 has pushed 10-year Treasury yields to record lows and the Cboe Volatility Index (VIX) to the highest level since the Great Recession.
RESULT: The Dow suffered its largest one-day point drop in history, pushed all three major U.S. indexes into correction, slammed global markets, and singlehandedly crimped economic growth forecasts around the world.
What's next? With the resurgence of COVID-19, the re-closing of open states, and the return to stringent quarantine measures, escalating volatility seems certain. The world's largest and wealthiest companies, the safe and profitable stalwarts of industry, are issuing warnings and exuding somber tones which underscore the truth about all pandemics – that nothing is safe and no one is immune.
So how do regain control of your retirement and your legacy?
FACT: On top of COVID-19 economic disruptions, including Depression-era levels of unemployment, the U.S. government has now entered a red zone of debt that threatens to worsen along with the pandemic, with far-reaching ramifications for retirement investments.
RESULT: In the current quarter the US Treasury will have to borrow an unprecedented $3 trillion just to keep operating. Altogether for fiscal year 2020, the U.S. is on track to add $4.5 trillion in red ink. That's more than it borrowed in the previous five years combined!
Experts warn your 401(k) or IRA could be at SERIOUS risk. Knowledge is power—and protection!
FACT: The Dow Jones finished its worst quarter since the crash of 1987 and the steepest first-quarter decline in the blue-chip index's 135-year history.
RESULT: The long-term consequences of the virus could upend supply and demand, paralyze the manufacturing sector, spike unemployment, overwhelm health resources, exacerbate consumer and corporate debt, and dramatically increase uncertainty. The Fed can do little to help after slashing rates to near zero. So what about all those IRA's, 401(k)'s, pensions and retirement plans? History has proven there is scant refuge from speculation, risk, and all out panic.
"The worst was yet to come, for germs would kill more people than bullets. By the time that last fever broke and the last quarantine sign came down, the world had lost 3-5% of its population."
--Charles River Editors, The 1918 Spanish Flu Pandemic: The History and Legacy of the World's Deadliest Influenza Outbreak
SOLUTION: At Red Rock Secured we convert vulnerable assets into pandemic-proof physical gold & silver so investors can enjoy a worry-free retirement—and for a limited time only we are excited to announce our special gift. Today, we are giving away a free copy of Red Rock Secured's latest book:
WHY GOLD: Goldman Sachs has identified one asset class that it deems virus resistant. Gold has earned its reputation as a safe haven precisely because of its history of holding its value during the most volatile episodes in human existence which include world war, global disasters, international catastrophes, and out of control pandemics. "While so much about the current environment remains unclear," said Goldman's head of global commodities, "there's one thing that isn't: gold, which—unlike people and our economies—is immune to the virus."
Gold continues to dramatically outperform other safe havens in 2020 and has now officially become, "the currency of last resort."
* How gold and silver can protect you from a stock market selloff or an abrupt crash
* The exact IRS 'loophole' rules that allow you to transfer your 401(k), IRA, or TSP savings into gold and silver
* Why precious metals are poised for massive gains in the next 2-5 years
You've worked too hard to leave your retirement to chance in the hopes that markets rebound, geopolitical tensions ease, and national politics and policies turn favorable. Better to be informed and prepared—and now you can be, with your Get your Free Playbook Now