lass=”” >I received a document from Paychex today which is the administrator of one of my 401K accounts… and they have announced that they are going to move all cash in ‘NON-government Federated CASH Obligation’ money market accounts to ‘Federated Government Obligations’. Since my 401K money is in invested in three different precious metals funds this announcement does not affect me, however it will impact many other unsuspecting would-be retirees who falsely believe that their money is “safe” and “liquid” in a money market account. This is the slippery slope into government forcing account holders to invest in government debt (Treasuries), and it’s exactly what we’ve been warning about. As for me, I’m going to roll that particular account over and away from the control of Paychex. Dave Kranzler from Investment Research Dynamics joins me to dissect the document and to shed some light on the recent huge moves in silver.
The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.