Dow Jones Drops 767 Points in Worst Day of 2019! – Protect Your 401k/IRA While You Still Can

In the worst day for stocks in 2019, the Dow Jones, S & P 500 and Nasdaq all lost 3% or more as the reality of a global economic slowdown is becoming undeniable at this point. Even with central banks devaluing currency and slashing interest rates, it seems this market has even more downside potential.

World Stock Markets Plunge in Worst Day of 2019

 
It was all kinds of bad today for markets, but the narrative that the media is pushing still fails at giving folks the bigger picture of just what is going on for the US and global economy. They blame Donald Trump’s threats for more trade tariffs, or China’s recent decision to further devalue their currency, or any other newsworthy item, but that does not do justice to the truth.

The truth is the global economy has been in a slowdown for the last year or 2 (at least), and not even central bank manipulation, like the Federal Reserve’s announcement last week to cut interest rates for the first time in 10 years, is going to save the day this time.

It’s no surprise then that gold and silver are breaking out and hitting new highs.

So what’s driving today’s market moves?

Key Points for Today’s Financial Markets

 
*Manufacturing has been decreasing since the beginning of 2018
*A trucking recession began in November of 2018, with 7 major trucking companies closing down in 2019
*The US federal government, corporations, and private citizens have all-time record amounts of debt
*Central banks around the world have already started cutting interest rates along with the US Federal Reserve
*Treasury yields are at 2 and a half year lows, and stand to lose even more
*the Dow Jones index has lost over 1600 points in the last 3 weeks
*China’s Commerce Ministry said that Chinese companies have stopped buying US crops
*money velocity, or the rate at which money moves through the real economy, is at all-time lows in spite of Federal stimulus for 10 years

It’s clear that when you weigh the facts vs the fluff, the recession may already be upon us. Whatever you do, don’t wait for the government or the media to announce it, because by then it will be too late.

Think about it- if the Dow Jones almost drops 1,000 points in a single day during times when the President and his advisers say our economy has never been stronger, what’s going to happen when they’re actually forced to admit the economy is on the brink of decline?

There will be a stampede for the exits.

Do Something to Protect Your IRA or 401k from a Stock Market 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

Return to The Best 401k to Gold IRA Rollover Guide

Dow Jones Opens Down 500 Points, This Does Not Look Good

Market Update 5/13/2019: The Dow Jones Futures indicated a 500 point drop pre-market and sure enough, we’ve opened today down 500 points. Will the Plunge Protection Team be able to work its magic today, or will the law of diminishing returns soon come into play? Only time will tell.

China Promises Tariffs of Their Own

 
China has built itself up over the past 40 years by accepting US dollars in exchange for very cheap goods, flooding world markets with products and providing a low overhead for manufacturing costs. This has caused a lot of Western and US manufacturing to simply move to China to increase profit margins, and after some time, China now has leverage over the rest of the world.

China is now using this leverage to threaten back with retaliatory tariffs of their own in response to the Trump administration’s initiation of tariffs on several hundred billion dollars worth of goods. At this point the dollar amount is relatively low, but a spat of tariffs can quickly turn into a trade war, and trade wars often turn into shooting wars.

Buy Gold Online

China May Start Unloading US Treasuries

 
Perhaps the open secret of the world economic and monetary system is that the US has been spending from a deficit for the last 50 years, and issuing US Treasuries as the world reserve currency to get others to join in on the debt-based spending spree. China has bought up these US Treasuries which have consistently been a form of safe haven monetary instrument for individuals and nations to diversify their currency holdings and also a way of “buying stock” in the world’s greatest economy and political system.

With the US as the largest world military and biggest economy post-WW2 it made little sense for any country to try to go against dollar hegemony. In fact, we see what happens to countries who are not on the the global Western banking system or trading in US dollars- Iraq, Libya, North Korea, Venezuela- sure, none of those places are prime vacation spots, but it’s no shock to learn they either tried to get off the US dollar system or still are not on it to this day.

But times are a little different nowadays, the US has already attempted to play empire in the middle east and it has not succeeded in doing much more than spending trillions and costing human lives. If China starts selling US Treasuries and refusing to buy more, it could quickly impact Uncle Sam’s credit limit, and that could be the beginning of the end for the US dollar as we now know it.

How to Protect Your IRA or 401k from a Coming Recession with Gold

 
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

Return to thebestgoldirarolloverguide.net/

Has the economy “never been stronger”? The Answer, in One Chart

“The true state of the economy is measured in tangible things like goods sold and shipped, the price of bank stocks, and the yield on treasury notes, not fairy farts and unicorn whispers.”

-Abraham Lincoln (did not say this)

Rail Freight Volumes– an accurate indicator of goods purchased and shipped for all sales, including online and retail

economic collapse indicators

Deutsche Bank– one of Europe’s largest central banks and a pulse of the Western monetary system

deutsche bank collapse

US Treasury 10-Year Note Yields– when yields are low, it means investors who see no other viable investment are piling into this safe haven financial instrument to avoid risk

401(k) and ira to gold rollover

10 year treasury note yields all time historic low

The Cass Freight Index measures the economy based on the companies that “represent a broad sampling of industries including consumer packaged goods, food, automotive, chemical, OEM, retail and heavy equipment.”

cass freight index tells real story on economy

Too Big to Fail Bank of America is breaking and testing new lows in 2016. With up to 50 Trillion USD in leveraged, unpayable derivatives, B of A like the other major banks right now can barely stay afloat, and less goods purchased by consumers means less financial products sold by banks.

bank of america stock

Ok, so that was technically 5 charts. But you get the picture. Other items to consider but no chart was available for:

Unicorn Whispers– If unicorns were real and one looked like this, then maybe I’d take its magical word on the economy without regard to facts. But only if it had a ninja cat brandishing a golden pistol riding atop its back, through an exploding rainbow.

401(k) and ira to gold

 

(video report: May tax returns showing economic slowdown)

return to the Gold IRA guide