Is your IRA or 401(k) at risk? New details reveal how skyrocketing U.S. debt could soon trigger a Wall Street crash…
The U.S. government just hit a new record… a record never before seen in 238 years of American history… a record that no Founding Father would support.
On January 29, 2016, U.S. government debt surpassed $19 TRILLION.
It took over 200 years to rack up the first $1 trillion in debt. That happened in 1981. But since then, we’ve added $18 trillion more. And get this: The last $1 trillion was racked up in just 14 months!
Here’s what’s really sad about the skyrocketing debt…
The U.S. Has Almost Nothing to Show for It
Look around you… has your life improved in the last 14 months because the government spent $1 trillion it didn’t have? Have your roads improved? Are your schools better? Is your quality of life better?
America’s debt is disappearing into a black hole. And the worst part is, there’s NO easy way out. The debt will never be repaid.
At some point in the near future, we may experience a massive default combined with financial chaos unlike anything the world has ever seen.
This scenario might sound unlikely to you. But before you dismiss it out of hand, take a look at what’s happening now in America’s “51st state”…
Why You Should Pay Attention to Puerto Rico
After putting it off for almost a year, Puerto Rico has officially gone into default. They have no money to service their debt. Here’s why you should care:
70% of U.S. mutual funds hold Puerto Rico bonds <== SCARY!
What makes this situation especially catastrophic is that the island cannot file for bankruptcy. So, this default will likely produce big losses for the 70% of mutual funds holding Puerto Rico debt.
If You Have an IRA or 401(k), Here’s One Way to Prepare (Before It’s Too Late)…
One asset that’s outside of Wall Street… and that can protect your savings against the government’s out-of-control spending… is physical precious metals.
And one of the best ways to move into gold and silver is to convert your IRA or 401(k) into a Gold IRA.
We’ve put together a no-cost Info Kit about Gold and Gold IRAs to explain how it all works. When you request your complimentary info kit, you’ll discover:
- 7 compelling reasons to own gold
- Why some investors prefer silver to gold
- The astonishing risk of holding “paper” gold
- How to quickly and easily set up a Gold IRA
You can Get Your FREE Info Kit Here. There is ZERO cost and ZERO obligation to you.
But I must remind you that there may not be much time left to make this critical switch. As Puerto Rico defaults on $72 billion, this “bad debt contagion” may quickly spread throughout the entire system, wreaking havoc and causing devastating losses.
While you still can…
Birch Gold Group
Last Thing: The debt bubble just keeps getting bigger. If it pops, Wall Street will likely suffer massive losses. Discover how you can protect your retirement savings with a Gold IRA.