It depends on how cynically you want to look at this but I think the most cynical interpretation is the correct interpretation. – IRD on SGT Report
The Government is going to “herd” retirement funds into funding U.S. Treasury debt. – SGT Report
About 12 years ago I said to friends and colleagues that the elitists would hold up the system with printed money for as long as it took to sweep every last crumb of middle class wealth off the table and into their pockets. If you don’t have enough spare cash laying around to buy your own Federal level politician, you’re middle class by definition.
After they plunder the housing market, the last asset left to confiscate will be the retirement assets. That process has started and the SGT Report invited me on to his podcast show to discuss the shocking notice he received from his 401k administrator.
The next issue of the Mining Stock Journal will be released Thursday. I will focus on the stunning move in silver and will feature a very interesting and speculative gold exploration company which is getting ready to begin drilling the property using modern technology around one of the formerly largest gold mines in the world.