Actually, a bit late to the party, as noted by Federal Reserve head for New York: adverse self-reinforcing dynamic - which is Fed-talk for an economic downward spiral. In other words, your 401(k) is about to go down the tubes. Gold prices are increasing; paper prices not so much. And when people who do economics for a living suddenly start to say things like
"They still have another couple of months before this starts imploding. Things are very unstable and can move incredibly fast. I don't think the central banks are going to make a major policy error, but if they do, this could make 1929 look like a walk in the park," he adds.
it might be time to consider your options.
