Surviving the Impending Banking Crisis
3. **$33 Trillion National Debt**: A $33 trillion national debt and $7.6 trillion in soon-to-mature US public debt next year will negatively impact your bank and retirement accounts as well as the stability of banks. This will lead to higher interest rates, market turmoil, economic instability, and currency devaluation, eroding the value of your savings and investments. Physical gold and silver are immune to interest rate fluctuations and government debt concerns. They offer a private and tangible means to preserve wealth when interest earnings on bank accounts diminish. 4. **Insolvent Bonds**: An insolvent bond, including US Treasuries, is like a loan that might not be paid back. Interest rates have jumped from almost zero to over 5% and these bonds have lost significant value. This will lead to a possible bank crisis or collapse. If your retirement account includes these bonds, their declining value can result in significant losses within your portfolio. In times of financial instability caused by insolvent bonds, physical precious metals provide a safe-haven. Gold and silver protect your wealth from the devaluation of bonds and offer financial privacy by not relying on traditional investments that will be at risk during a banking crisis. They remain secure and accessible assets. 5. **Commercial Real Estate and Zombie Corporation Defaults**: Default events in real estate and corporate sectors can destroy retirement investments. There is over $2 trillion in loans coming due in the next couple of years possibly causing a bank collapse or crisis. Precious metals diversify your portfolio, offering a stable store of value that retains its worth during economic distress. They provide privacy and security outside of traditional financial systems, ensuring your wealth is protected. 6. **High Interest Rates**: High-interest rates can make it harder to grow your savings in the bank and increase the cost of loans. For banks, this can lead to loan defaults, reduced profits, and even financial stress. In some cases, worried depositors will withdraw their money quickly, causing a "bank run." When banks face a combination of these challenges, it will lead to a banking crisis, potentially resulting in a bank collapse. Physical gold and silver are stable assets that preserve wealth, even in volatile markets. They offer a private and secure store of value regardless of interest rate increases.
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