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Protect your retirement fund – put money in US treasury Tbills during the depression of 2010-2020
Sandra Johanes
Sep. 30, 2009
Can you imagine a delinquent FDIC, most banks under run, an unemployment of 40%, a massive budget deficit, and gold trading at $4000 an ounce?
On top of that imagine an all out trade war and countries blaming each other for the massive global depression during 2010-2020.
Think about G20 has collapsed. The developing nations blame the developed nations. Outsourcing has ended. The Western hemisphere has formed its own trading block.
What can you do to protect your retirement funds in that environment?
The answer lies in trusting the Federal Government of United States. The money should be in US Treasury Bills. The worst performers will be stocks, non-Government fixed income assets, and municipal bonds. Commodities will choppy and traders will make money, no you and me, the common investors.
The US treasury Tbills will protect the money till US Dollar recovers its glory back to some extent. The gold market will take far before any one can sense the real impact of the greatest depression of 2010-2020.
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