Urgent Warning for Investors with IRA's and 401K's!
Legendary investor Jeremy Grantham says the stock market has a 70% chance of crashing and it could be an epic burst like the 1929 crisis!
We are facing some of the most terrifying financial times since 2008!
Your IRA and 401K retirement accounts could be depleted!
CRASH ALERT!
Billionaire Jeremy Grantham is cofounder of investment management company GMO, which manages $65 billion in assets. Grantham, estimated to be worth $1 billion himself, estimated a 70% likelihood that the stock market is heading towards a bubble worse than 2008 and a stock crises would be parallel to 1929 and 2000.
Grantham's gloomy predictions have a track record of being right! Grantham is convinced the market has created a perfect storm for bubbles—such as asset prices—to burst, but said the emergence of artificial intelligence has delayed the pop!
In 1929 it was Black Thursday when $14 billion was wiped off the market in a single day; in 2000 the Nasdaq lost 76.81% of its value in less than two years and in 2008 our stock market crashed 56% in 100 days! Speaking to "Wealth Track" in an interview published over the weekend, Grantham, who specializes in long-term investment strategy, said stocks had benefited from an "almost perfect" environment for nearly a decade. "I'm only interested in the really great bubbles like 1929, 2000, and 2021, [which] are the three senior bubbles in [the] U.S stock market. Today's market has so many similarities, all the boxes have checked off" he said.
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You can't afford to wait and see what happens next. In 2008, the markets dropped almost 56% in less than 100 days. Big stock market crashes happen swiftly and violently!
Protect and diversify your IRA and 401 K before the market crashes not after! Don't be a victim.! Take action and diversify your wealth outside the bleeding stock market and into gold and silver before it's too late!
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