Many You-Tube links have been predicting this for quite some time now. Seen where Yahoo just had an article on it today.
I will pull it all out, that part is sure. At 61, I’m going to also rebuild my place in the mountains of CO, only this time it will be as fireproof as possible. ![]()
Take some more to expand my little business, and then another small part will probably be buying some gold bars and other precious metals. May even be best to just bury the rest in PVC pipes. Anything but negative interest rates. My friend says he gets all of his gold and silver from this place in OKC which has done billions of dollars of business.
I don’t have much faith in stocks, and with the US paying 394 billion in just interest alone this year, and trillion dollar deficits forecast for next year and thereafter, I’m guessing the government is going to have to do everything to keep interest rates ridiculous low possibly forever now, possibly giving us negative interest rates also for a very long time.
Do you think negative interest rates will happen here in the US? If so, what do you plan to do?