WARNING: U.S. Ponzi Retirement Market In Big Trouble
This article comes from srsroccoreport.com
The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions. Actually, the amount of net withdrawals were the highest in history. When payouts become larger than contributions… then we have the making of the typical PONZI SCHEME.
Americans who have invested their hard-earned money into a 401K, had no idea that it was the Greatest Ponzi Scheme in history. Unfortunately, when the markets crack, so will the value of the U.S. Retirement market. On the other hand, Americans who were wise enough to purchase physical precious metals will protect their wealth as the U.S. Paper Retirement Market collapses.
According to the most recent data by the ICI – Investment Company Institute, the U.S. Retirement Market ballooned to a new record high of $25.3 trillion at the end of 2016:
(chart from ICI- Investment Company Institute Retirement Statistics)
As we can see, the U.S. Retirement Market has nearly doubled since the collapse of the Housing & Banking sectors in 2008. Total value of the U.S. Retirement Market increased from a low of $13.9 trillion in 2008 to $25.3 trillion at the end of 2016. It’s not quite double… but close enough.
Furthermore, the surge in U.S. Retirement assets from $19.7 trillion in 2012 to $22.6 trillion in 2013 was due to the Federal Reserve QE 3 policy (Quantitative Easing #3). This was the year that the monetary stimulus was funneled into the Stock, Bond and Real Estate Market and away from the precious metals. Thus, the precious metals suffered huge price declines in 2013.