Anderson Cooper of CNN distastefully called the President Of The United States a “tool” and “pathetic loser” on Wednesday.
With the next recession on the horizon, the Fed is scrambling to prepare the economy. But the strategy they’re considering will take us into uncertain territory…
Before the next severe downturn comes, the Fed recognizes they need to get ready. But with interest rates near 0% today, they won’t be able to rely on cutting rates when things get bad. So now, they’re considering something a little drastic…
Typically, the Fed targets a specific rate of inflation. But now there’s talk of “price-level targeting”, in which the Fed would target a specific price level instead and allow inflation to run too high for a time.
Here’s the catch…
The Risk of Price-Level Targeting
This strategy is relatively untested and has not been adopted in 85 years, when it failed in Sweden. Additionally, Chicago Fed President Charles Evans has characterized this tactic as “extreme” and “too difficult to undertake during an economic crisis”.
Yet this strategy is on the table – a clear indication that the Fed can’t fix the next economic crisis with their regular tactics.
In fact, things are so bad, the Fed is willing to experiment with the economy.
How to Hedge Against the Risk
As the Fed considers going “mad scientist” on our economy, do you want your savings exposed? What about your IRA or 401(k) – can you risk your nest egg to the whims of these bureaucrats?
Don’t let the Fed gamble with your money. Instead, consider moving your wealth into something that’s been proven, time and time again, to protect your hard-earned money in times of economic uncertainty: physical gold.
While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you – we’ll even pay for shipping.
Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.
It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.
But remember, you must act soon. Once the Federal Reserve takes action, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.
President of Iran, Hassan Rouhani verbally launched an attack on President Trump for viewing Jerusalem as the capital of Israel. He blatantly stated that President Trump’s actions would not be tolerated in any fashion.