Gold IRAs: Never Been Worth Zero - Never Will Be
Get the Gold Hot Line installed now before the lines get so jammed, you won't get through.Paul Farrell of MarketWatch has been quoted often, of late, for his ripping tales of a debt bomb about to explode.He sites 20 reasons why it could happen soon - Reason 11 is Underfunded Corporate Pensions.
According to Farrell, said funds reported a $60 billion surplus in 2007.But, by 2009 that balance dwindled well past the zero mark to a $409 billion deficit.So dare I ask?How safe is your pension?Do you have a Plan B?
If you say there's always social security, I hate to bear the bad news, but that's Farrell's Reason 7 the debt bomb could explode soon.Says Farrell, "Without action, by 2035 Social Security and Medicare benefits will eat up the entire federal budget other than defense."
Maybe it's time to get some serious gold recommendations for your portfolio.A 20% position in gold now could go a long way to protecting your retirement from collapse.And now I will make the gold prediction of the day.Gold Will NEVER Be Worth Zero!