Gold Breaks Important $1500 Level, Silver follows as World Central Banks Print More Money

Schiff Proven Right Again About the US Economy, Gold and Silver

Peter Schiff has once again been proven right with his predictions of the US economy and the Federal Reserve. In a recent interview with Fox Business, he was credited for calling the Fed’s bluff when it pretended that it would not lower interest rates earlier in the year.

Indeed, all major world currencies are weakening as central banks around the world from the US to Russia, India to New Zealand, Australia, Turkey, and Thailand made additional interest rate cuts. World financial markets responded with increased volatility while local currencies experienced immediate devaluation.

After a vicious opening to stocks on Monday which included the 3rd worst single-day drop for the Dow Jones, US equities ended up finishing flat for the week.

What does all this mean for financial markets and Wall Street?

Looking ahead, no one knows just what might rattle the markets causing them to shed even more, but one thing’s for sure, gold and silver have been shining brightly for the last 3 months.

And only a few weeks ago, Morgan Stanley said in a note to its clients that it’s time to sell stocks.

Why Gold and Silver Are Beating Stocks and Bonds with No End in Sight

Key Points to Remember:

*Gold and silver are just getting started with their upward price movement
*Bonds worldwide are losing their ability to pay out a rate that can maintain savings against inflation
*The stock market is currently going up due to a real devaluation of the US dollar and lowering interest rates
*Manufacturing in the US continues to disappoint, debt is skyrocketing without any chance of ever being repaid
*A lot of the GDP number came from government spending
*Investors are still very complacent towards gold overall, making the risky decision to put their trust in central banks
*Gold was only $300/ounce in 2000 and currently at $1,500/ounce today, and could go much higher than $5,000 in the near future
*Central banks around the world have lowered interest rates in unison, signalling worries of a growing global recession
*Deutsche Bank completely exited global equity positions last month and cut 18,000 trading jobs

With never-ending negative news for the economy and the stock market after the longest business expansion cycle in history (created mostly by central bank money printing and debt), there has never been a better time for IRA and 401k holders to shield themselves from newly materializing economic realities.

Protect Your IRA or Roll Over Your Old 401k to a Gold or Silver IRA

A Gold IRA:

*Can protect you from the devaluation of the dollar due to un-payable US national debt
*Helps you make money even as stock markets decline, drop in price, or even crash
*Provides all the same tax benefits of a traditional IRA or 401k

Click here to receive a free Gold IRA investment kit

IRA and 401k Rollover to Gold
 

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Gold Breaks Past 5-Year Highs! Is This the Ultimate Signal that the Recession Has Landed?

With all the recent talks of interest rate cuts by the Federal Reserve and traders already factoring this into the price of stocks, gold has gone up by 10% in the last 2 months, but this may only be the beginning.

Gold Soars Past 5-Year Highs

 
It seems the cat has been let out of the bag, with gold prices breaking out of 5-year highs this week on the heels of more Federal Reserve theater with President Donald Trump. At this point, it’s clear the central bankers know they will have to cut rates, so they are just holding out and stalling as long as they can to slow the drastic outcome that could result in the short term.

Anyone paying attention to the real global economy knows that a slowdown has been ongoing for the last 6 months minimum. Central banks around the world from Australia, to India, China, the European Union, and now Russia, have all been moving to lower rates in order to keep their economies from tanking for the time being.

Even funds manager BlackRock in Australia is now shorting the Australian Dollar as it foresees the Australian Central Bank lowering interest rates down to a ground-scraping 0.5%.

Silver Not Lagging Far Behind Gold

Silver is another great option, rising 3% in the past week and breaking key resistance. Silver is another fine option to consider since there is an ongoing shortage of silver miners in the industry, which means ones retail investors head into silver in large numbers there will be a lack of supply that will contribute to huge upside in the shiny metal.

Additionally, Silver is great because it is small enough for barter/exchange for goods and services in an emergency, and it also qualifies for precious metals IRAs.

Global Political Instability on the Rise

With the recent posturing and threats made on both sides of the current US/Iranian conflict in the Strait of Hormuz, the price of oil can be expected to see a rise as the body of water sees 10 – 15% of total world oil production pass through on a yearly basis. It seems the West has its heart set on some type of direct military confrontation as the rhetoric increasingly turns to missiles fired and tankers attacked.

No one know how this whole thing will develop, but with underlying world economic weakness and increasing political strife, it makes even more sense to hold gold and silver, especially with the recent bursts in price to break out of 5-year price ranges.

Do what you can to prepare your investments now, while you still can.

Protect Your IRA or 401k from an Economic Collapse with a Gold IRA Rollover

 
A Gold IRA:

*Can protect you from the devaluation of the dollar due to un-payable US national debt
*Helps you make money even as stock markets decline, drop in price, or even crash
*Provides all the same tax benefits of a traditional IRA or 401k

Click here to receive a free Gold IRA investment kit or Call 1 (844) 912-1706

IRA and 401k Rollover to Gold

Also Watch: Last Week’s Video Predicting Gold Price Breakout
 

Return to Best Gold IRA Rollover Guide for 401k Holders

Q & A with Lynnette Zang on Gold & Silver Investments, ETF, IRAs, 401(k)s

Questions:

How much of your savings/investment accounts should be in Gold?

 
Lynnette Zang said that roughly 20% is optimal, however believing an economic reset to be in the near future for Americans, she now holds around 70% in gold.

Are you saying that we should pull out all our money from our IRA/401(k) and put it into gold?

 
A reset is different from a market downturn. However right now the reset is more of an urgent issue for the average saver or investor. She cites the Federal Reserve’s strange behavior lately in the headlines, proving without a doubt that interest rates cannot rise significantly without a massive downturn in the overall economy- possibly even a reset, which she is certain will happen, but she is just not sure when that date will be.

Lynnette Zang also criticizes the way investment accounts are legally structured to ensure that investors don’t pull out their funds and seek non-stock or equity based assets. She urges against holding all your money in the system, because when it resets the only thing protecting your wealth is gold, barring a government physical gold confiscation.

Has China already pegged the Yuan to Gold, and will the Petro-Yuan be Pegged to Gold?

 
Lynnette does not consider China’s currency to be heavily pegged to gold. People have to remember also that the current level of debt to GDP by China far surpasses many other developed nations at 257% national debt to their current GDP.

Are Gold IRAs better than Gold ETF?

 
Many Gold IRAs allow you to take delivery of the gold and silver when you choose either by having an official custodian watch it, or you can receive it yourself. Therefore it’s a lot preferable to a Gold ETF. That’s why we recommend Regal Assets for answering all your questions and getting started.

Rare or Unusual Coins

 
The last gold confiscation that happened in the United States was in 1933. There were some exceptions, i.e. “rare and unusual” coins and physical silver/gold. Therefore you’re probably not going to find a rare or unusual coin easily and you’ll be paying a large portion above spot price. Also, verifying its true designation is going to be difficult and most of the time it’s going to be a crap shoot.

I believe an economic and monetary reset is going to occur according to my gut instinct, but my brain says otherwise

 
Normalcy bias and people refusing to see the writing on the wall from current events, helped on by a complicit mainstream media which refuses to report on significant economic events worldwide, has insulated the average American to the extent that they are avoiding the cognitive dissonance that comes with a potential massive change in the way of life in America.

For more information, please request a free Gold IRA Rollover Kit, which you can get today by clicking on the free kit below.

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There Was A Major Reset Of Gold, But Nobody Is Talking About It: Lynette Zang

There Was A Major Reset Of Gold, But Nobody Is Talking About It: Lynette Zang

Still, she remains pretty uneducated on crypto currency and demonstrates a propensity for wild negative speculation without cause or reason.

global economic reset gold ira

Hungary Becomes the Next European Country to Repatriate Its Gold – Is This a Warning?

Hungary’s Gold Repatriation Further Destabilize the US Dollar

 
This follows several other European countries choosing to take delivery of their gold to avoid the current fraud that exists in the petro dollar and the London Gold Fix. As we have already established on this website, paper certificates of gold are sold 4x what exists as their underlying asset- physical gold. Therefore, logically you would not want to be the last one to the party to reclaim the gold that the bullion banks have been holding and claims exists.

This comes on the heels of Treasury Secretary Mnuchin in the United States peeking into the famous Ft Knox gold reserves of the nation, while giving the thumbs up suspiciously to reassure the rest of the world that all is well and ok. So far Germany, the Netherlands, and Russia have all made good on the delivery of their gold so that they will have “gold you can hold” as the Western fiat and debt based economic and monetary systems dwindle, and the US stock market sees new lows as the dead cat bounces past its 9 lives all the way down in a worse repeat of 2008.

The London Gold Fix Cannot Last Forever

 
It’s interesting to note that the Hungarian central bank is choosing to collect its stored gold from the Bank of England where there is not enough physical gold to meet demand in the event everyone who owned paper gold demanded delivery.

While Hungary does not have a lot of gold, this is starting to turn into a trend for countries to be on the right side of the next economic reset. Hungary has become a thorn in the EU’s side as it has chosen to go its own path in how it enforces immigration and bucking the EU-required amount of “refugees” mostly from the middle east. Maybe this is Hungary’s way of striking back against the New World Order and a way to secure its future outside of the paper money system.

It’s no surprise Hungary sees the writing on the wall and has made a move to retrieve its gold.

Precious Metals Could See Another Bull Run Soon

 
Considering how long gold and silver have hovered at their current support levels for the last 3 years without losing much of their gains, we believe that metals are simply waiting for their breakout moment to continue their upward trajectory starting back in the 1970’s when the US dollar was removed from the gold standard.

Once you decide to have gold protecting your retirement account, you’ll sleep better at night knowing you did something to protect your future in the midst of insolvent countries, pension funds, and government issued paper currency.

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Is Gold The Biggest Case of Fraud In History?

Is Gold The Biggest Fraud In History?

Gold Market Facts

 
The total amount of gold in the world spans about $8 Trillion USD at present. However, some claim that the amount of existing gold is actually 80% less than what the holders claim exists, which means that it is being traded as 4 shares of imaginary gold to every 1 real ounce of gold.

In effect, the Bullion houses are currently selling gold that does not exist. For 2 decades Morgan Stanley sold off paper shares of metals and charged clients for storage fees, but then would not make delivery when their clients demanded.

Since more gold is being sold than actually exists, it could have dire consequences. Since 4 people can own the same ounce of gold at the same time, none of the investment houses could ever actually deliver on that claim and would cause the companies to go bankrupt.

Presently the world’s currencies are not pegged to gold, that all stopped in 1971. Right now the currencies of the world are pegged to the US Dollar, which Nixon took off the gold standard during his Presidency. It is also believed that gold prices are rigged on the London Gold Fix, created by the Rothschild banking family 100 years ago.

China has officially claimed less than half of what it has supposedly purchased, no doubt attempting to buy as much gold as possible at the lowest possible price while covering up the true value of their holdings for the potential economic and monetary reset that many economists see as inevitable. This is why we strongly urge our readers to convert a portion of their traditional investments into a gold IRA.

He who holds the gold makes the rules. The Western world has reduced its gold and silver purchases as China and India have increased in recent years. It looks like the Western banking cartel is going to run the US dollar into the ground before they allow gold and silver to show its true value relative to the world’s reserve currency.

But once the avalanche starts, there may be no stopping it as Bill Holter and Lynnette Zang have stated recently. No one can predict the exact moment it will occur but people will wake up one day and recognize that 50% of the wealth, prosperity, purchasing power, and standard of living are gone.

By then it’s too late.

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Ron Paul Special Market Update — Bull Market Coming For Gold?

Bull Market Coming For Gold? – Ron Paul

 
On August 15, 1971 President Richard Nixon de-pegged the US dollar from gold which resulted in a chaotic decade. The gold bull market started at the same time and ended in 1979, going from around $75 all the way up to $800. Then at the turn of the decade, it dropped back down to around $270. The gold bull market started back up at the turn of the century where it rose to $1800 and has dropped back down since 2012 to the current price floor of about $1300.

The fundamentals indicate that gold is holding steady and could be ready for another bull market, which if history is any indicator, should rise far beyond its previous highs of $1800. With the fact the US government has manipulated markets, the economy, and the monetary policy in the last 10 years with banker bailouts, stimulus, and zero % interest rates, precious metals are ready to go skyward.

Ron Paul still seems to think gold is a good investment, and so do we.

Crypto currency showing investor sentiment?

 
Inflation is being seen in the fact that the price of school tuition has gone up exponentially in the last 15 years. Cryptocurrency is also another bellweather of the fact that money is seeking better ground in the midst of historic low volatility in the stock market and drops in the housing market.

The US dollar is on a downward slope which means that since gold is priced in dollars, it is being watched closely for a breakout on the monthly charts before historic investors pour back into their metals positions. This means that a gold bull market could be just around the corner.

With the record high people not participating in the economy and not even being counted as unemployed by official government figures, there remains a large amount of Americans who have themselves been priced out of participating in the economy, which could be another indicator for a downturn in stocks and the overall equities market.

This is why it’s such a great opportunity to invest or rollover to a Gold IRA to capitalize on this materializing gold bull market, especially since the ultimate gold bug himself, Ron Paul, is anticipating this could be the beginning of the next cycle upwards for gold.

401(k) and ira to gold rollover

Gerald Celente – Critical Trends about to Explode. Prepare.

Financial Trends in Early 2018

 
Gold, Bitcoin, and oil have been up while the rest of the market was waiting for the Consumer Price Index reports to come out. But the stock market rose 200 points on the day after losing 300 points, likely on the expectation of central bank intervention and the Federal Reserve. The overall forecast on the economy has been rosy, but the retail numbers are telling a different story.

US retail sales unexpectedly dropped when they were predicted originally to rise in January of 2018. The retail sales in holiday spending of December 2017 were flat when compared to the previous year. Gold prices were up 2% because of the inflation that is set to pour in when interest rates go up. US household debt has risen to all-time highs at the same time.

Volatility in the emerging markets due to weak currencies and high debt

 
The recent massive drop in stocks could be the end to the Trump rally which lasted for an entire year in 2017. Cryptocurrency has picked up recently adding back $100 billion USD to its overall market capitalization in what appears to be a recovery for cryptos at large.

The US government budget proposal shows a real lack of fiscal conservatism while at the same time Trump is applauding a $.25/gallon raise in gas taxes. This is going to be a real burden on the average American consumer, the same consumer that is not benefiting from all-time stock market highs and the 95 million Americans not participating in the labor market, but still not officially counted as unemployed, according to Gerald Celente.

With the outrageous distortions in the economy, don’t count on mainstream media or the US government to protect your retirement account. Only the banks will be bailed out, you won’t. For this reason it’s a great idea to use this 2nd chance of a stock market stabilization after its 3,000 point drop to look into a IRA gold rollover.

Russia still being blamed for America’s election results

 
Even without proof, the insane political atmosphere in the US is relying on claims that Russia somehow tampered with the US Presidential election without any real proof. It’s a sad day when they think that a few posts on social media by Russians could somehow sway the average American of sound mind to vote any one way.

At the same time US airstrikes in Syria is being reported to have killed up to 100 Russian soldiers, who were legally invited in by the Syrian President. American forces are still illegally occupying Syrian ground with a troop presence of 2000 soldiers.

401(k) and ira to gold rollover

Get Ready For It, Silver Will Rally to $130, Gold To $8,000 – CEO

Gold and Silver Could See Unprecedented Price Rises in the next 5 years

 
Silver is set to rise in the next 5 years dramatically due to supply and demand factors, which sees a strong industrial need for mankind to innovate towards a more green economy. While gold and silver seem to be stuck in a trading range, copper and other metals have gone up significantly lately, but lack of manipulation in the more industrial metals could account for this, according to KitCo.

Silver supply has faced multiple deficits in recent years, thus making it a bit strange that the price has not already risen, but readers of our blog already know the recent for this. As for gold, according to Jim Rickards, the amount of toxic debt laden paper currency floating around the globe demonstrates in theory that gold price is severely undervalued and could be the great equalizer in resetting the global monetary system.

Gold Mining Production Tough Times Could Be Over

 
A lack of demand in gold mining and silver mining was experienced in recent times but now mining stocks are picking up again, which reflects the possibility of what Ron Paul said when he stated a gold bull market is just around the corner.

Additionally, huge consumers of silver like Samsung, Toyota, and other technology giants are going to need more silver in the coming years. All the good news for gold and silver means owning the best gold IRA is advantageous indeed for the average retail investor.

401(k) and ira to gold rollover