The Debt Bubble Is So Bad That Greece Is Now Issuing Negative Interest Rate Debt
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One of the most confusing and frightening aspects of the current debt bubble is the fact that there is so much negative interest rate debt in the world today. From $12 trillion of negative debt earlier this summer, it peaked at over $17 trillion in late August. That means that investors around the world invested $17 trillion of their assets knowing full well that they would lose money on those investments.
You might think that’s insane, but here’s something that’s even more insane. Greece now has joined the exclusive club of countries that is issuing negative interest rate debt. Yes, that Greece, the one that nearly caused the euro to self-destruct, the one that couldn’t balance its budget to save its life, the one that had to get bailed out by the European Central Bank. Investors are literally handing over their money to one of the worst-run, most fiscally irresponsible governments in the world, knowing full well that they will lose money. Do you want to be like them?
We certainly hope not, which is why it’s imperative for you to invest your money wisely. With so much negative-yielding debt out there and with stock markets on the edge of a major crash, many investors are wondering where they can possibly flee to safety.
Aside from gold and silver, there aren’t really any other good options. Economic recession will tank the prices of commodities such as oil, copper, and steel. Real estate, both commercial and residential, is in a bubble and prices will undoubtedly collapse too. Only gold and silver will be able to weather the headwinds that will soon beset the economy.
If you have retirement assets that you want to protect, and you’re worried about sustaining losses like those seen in 2008, you owe it to yourself to look into investing in a gold IRA today. With a gold IRA you can transfer existing retirement savings from a 401(k), 403(b), TSP, or similar account into a new gold IRA tax-free. And when you take a distribution, you can decide to take it either in cash or in gold.
Don’t let your 401(k) lose half its value before you make the decision to safeguard your savings. Learn more about how to invest in a gold IRA today and protect your retirement while you still have the time.
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