Retirement Wealth: Move It Or Lose It

• “BABY BOOMERS BUST. Tragically biggest bubble in history will wipe out baby boomers because Boomers are the first generation with flimsy 401ks.” 
• Robert Kiyosaki advises investors to shift towards assets like precious metals as a hedge against market crashes and economic struggles; he points out that these metals have been proven to perform well against inflation and economic instability throughout history. 
• The time to get real is now. Transfer your retirement account 401K to a precious metal IRA.

• Gold prices have increased by 20% in the last two months with prices surpassing $2400. 
• Gold has outperformed the US dollar, which has lost value due to federal spending and Federal Reserve policies 
• Wall Street analysts are predicting gold prices will range from $2700 to $4000 in coming years, emphasizing gold’s role as a safeguard in times of global uncertainty and financial instability 
• The Reserve Bank of India has already purchased more gold than it did all of last year, raising its reserve to 822 Tonnes.  

 Stock Market Red Flags

• S&P 500 and Nasdaq 100 extend losses: Both experienced declines for the sixth consecutive session, with the Nasdaq 100 recording its deepest weekly drop since November 2022.
• "Mag Seven" stocks are experiencing a decline as anticipation builds for next week's earnings announcements.
• Increased volatility in treasury yields.
• De-escalation of the Iran-Israel war will be hard to sustain, as seen by Israel's request for more ammunition from the US. If these attacks flare up, it could have global economic ramifications as it could mean the potential for a surge in oil prices. 
• The Philippines turn to US and Japan for investment in Luzan Economic Corridor project as they drop funding projects with China.

• Inventory is increasing as buyers are saying no to inflated pricing.
• High rates are putting home ownership out of reach for many seeking not to be house poor.