The Retirement Trap? 401(k)s, IRAs & Washington’s Growing Control

0:00All right, I want to go to an interview I pre-recorded with Michael today. You got to watch this. He's about to get caught. He's watching another network behind him. And then he notices and tries to turn it off and hide it like we wouldn't see it. Oh, I did. I called him out. Watch this. Joining me now is the one, the only Michael whiner in my worldview commentary tonight. I talked about investment banker and educator Felix Prin because he's been doing something as I said tonight that's very important. He's been walking people through what actually sits underneath every share that you own. Do you know what it is? It's the bond market. And when you all a stock in a company, well, that company almost certainly has debt, right? And that debt is priced in the bond market. And when bond prices fall, portfolios, they can drop sometimes very sharply and that can sometimes happen fast like in a single day. In fact, it can happen often before anyone even talks about it in the financial press and

1:00explains why it happened. And that's why he's saying that the credit spreads, they are a mechanism that most people never hear about. But at the end of the day, a credit spread, as most of you know by now, it is the difference in the yield between a safe bond like a US treasury and a risk your corporate bond. And when that credit spread widens, well, it means bond investors, they're getting nervous, getting nervous about the ability of the corporations or the governments to repay what they own because a bond is really folks nothing more than a paper IOU. And so this is something people should be watching to understand what's the difference to in a safe bond and the riskier bonds. So folks, that's what we do here. We bring you news and information so you can do your own homework because I think this

2:02whole thing with bonds can be an early warning system. But it's sadly one that most people never watch, never watch, never pay attention to. And that's one reason why I wanted to have Michael on to talk about that tonight as well as your 401k and other things. Michael, welcome back to the broadcast. Thank you for being with us. Good evening. Comment, comment if you would on what I just said. It's a shit. It goes back to the ultimate shell games that are going on right now. And that is the situation as we've talked about with these brokers creating a pseudo market to continually generate commissions. And this bond market, which is hidden below the other market is what's called double dipping too, because not only are they sitting back and sitting back and playing games with the with the first of all, why is Fox News playing behind you, not worldview too?

3:03Logan Logan. I've noticed he was trying to get the old remote control to turn that off before it came out. He's cheating on us, Logan trying to hide it. He was trying to find that remote and turn it off. Oh no, I've been found out. Fox News is on behind me, not worldview too. Michael, Michael, Michael. Greater, I guess. I don't know. I was watching to see about an announcement. I was waiting on the on actually on one of the markets. Okay. Okay. Do you believe that Logan? I don't know. Thank you very much. I appreciate the views. You know what? You know what? If I didn't like you, I wouldn't pick on you so much. My own my great uncle used to tell me that all the time. He said, I pick on this guy on the on the he was he worked for Arkansas power in light. He was over a crew that put up these huge Christmas tree things with helicopters and the whole nine yards. And he had a guy that used to pick on all the time. And one day he said, look, all of us wouldn't pick on you if we didn't like you so much. The guy looked at my great did that. I appreciate that. Well, the guy looked up from his lunch and he said, I wish you guys didn't like me so

4:05much. So well, I've got most people in the audience think I'm probably around 1200 years old. Yeah, I actually got an email about that the other day someone. Yeah, thank you very much for that one. I appreciate that. But anyway, we're back to what you were saying before you found out about your infidelity. I'm just I'm talking about the bond market and its involvement with the stock market, the stock market and the bond market. All these markets with the gentleman is talking about is again, the building that goes on, not only the building, but the instability. We have a marketplace that's supported by actually one piece of paper supports another piece of paper without any actual physical backing. And the bond market, the safe bond market, which is some of them like treasury bonds or certain things, which are the last thing to go down with the government. Most of the time those are not the things that are used because they don't pay enough money. They pay not enough commissions.

5:07And when they don't pay enough commissions, goodness knows it's a problem and they don't like it. And one of the things I saw in one of the situations just recently on Instagram that was just playing was about the same idea. These brokers are these financial people, these wizards out there are making millions and millions and billions of dollars in commissions and fees by continually turning things around and around and around. And this is a pure example of it. Not only that, the annuity market, all of this, we have substantiated billionaires and millionaires that the guy who starts working at the nice guy or gal starts working at one of these boutique because usually the big companies like Meryl and the rest don't allow it. But these boutique financial places that are just constantly turning over money and literally had one client that was constantly at one point of time when we took a part of her account,

6:08she found out they were charging her $35,000 a year just for management over and above the commissions they were getting. And she had no idea of it. None. She said, how did this happen? And she called up and asked them and she said they said to her, basically we told you that we have management fees but they never told her how much. The reality is to all of this right now, what the guy was saying on Instagram today and it infuriates me, I mentioned it before, is about the fact that all of this perpetuation that is going on right now is ultimately a house of cards that's going to tumble. And these millionaires and actually billionaires that are out there making all these commissions we say it all the time when the market collapses, when the hit finally happens, they don't lose a dime. They don't miss a stroke. They don't lose a minute of sleep because they are not losing.

7:12We are. We are. And that's hopefully what we're going with the government today as we're talking about social security, probably the biggest Ponzi scheme ever directly put on the American people in history and history, Brandon. Yep. Yep. All right. Now I sent you a video today. Did you watch the video, explain to the audience what the gentleman was saying without the salty language? And did you agree or disagree with him? I agree. I was trying to talk about a little bit about it now. The reality is that these people, these brokers are generating millions and millions of dollars in commissions. It's obscene the amount of money. They make money every day, money undermanagement. And one of the things he was talking about is I brought up months ago, you know at first on Morover weekend, is that they are going to have a 24 hour market.

8:14Why do the whole idea of what they say is this 24 hour market is to help you? No, it's not. The 24 hour market is to create another gambling arena so you can wake up in the middle of the night and gamble. And he was talking about ETFs. And the fact there's an ETF on everything, exchange, trade and fun where they can bet on various different things they have. I can't even explain how many people tell me, well, my broker tells me I own gold. I've got ETFs. You do not own gold if you have an ETF. You are betting on the price. It's just off-trend. And when the music stops, there won't be enough gold to go around. You will hold nothing oversold. Oversold. All right, quickly, quickly, let's go to 401Ks. My concern with some of those 401Ks are that they could change the laws requiring even

9:14bigger distributions, earlier distributions, and then higher tax rates, true or false. Absolutely, and not only that, absolutely false or absolutely true. Absolutely true. Yes. Absolutely true. They have just made, we announced again, first of all, worldview that they are allowing people 401Ks to get into the digital money in the decrypto industry. That's a here is an industry that is unregulated right now. Understand that. The crypto in here is an entire multi trillion dollar business that Trump is involved with to that has absolutely no regulation at all. None of the people who sell it, none of the geniuses that are on TV talking to you every day. They could have come directly from Lewisburg, prison and be an on television right now, because they never had been background check to see who the heck they are. That's why they're trying to place the clarity act into play, because some people want to

10:18make it a legitimate business. That's been allowed in 401Ks. In 401Ks, the people that are complicit is not only the brokers and the government, but the owners of your companies because they own that. They own that until they tell you it's your money, but it's really not. That's why when some people leave a company, they have the ability to transfer, get it to heck out of there. And it's the same thing if you work at a company, and you're over 59 and a half years at age, companies, most of the time, will allow you to move it. But one of the other things, Brandon, that they will do first, the government, mark my words first hearing it on world view, they will stop traffic. When we talk about protecting you, we talk about moving your retirement plans, protecting it, putting it in your control, your private property. Remember when we were little kids and we turned around a little buddies and say, that's my private property. Right now it's not.

11:20When you have it in a gold IRA, it is your private property. It's not a stock you own. It's not a mutual fund. When you have it in the 401k in the company, that's a company's property, until you're 59 and a half, you could take some out. You have that capability, but the first thing they will do is stop your ability to move it. They'll stop your ability to transfer your IRA or your 401k. And you've got to understand, these are your brokerage firms, your financial guys. They're just as complicit. They love that idea. Why not stop the ability for you to move it? Stop your ability to have choice. Be stuck. Gold doesn't stick here. You can get out of it anytime you want. That's why Reagan created this project. And the gold in the depository you're saying is a physical metal with a number, license to you. It is your physical property. And you have three choices. You can sell it same day.

12:21You can have it shipped to you and it'll get there in two days later. You're the only one with access to it. The government can't get in without a subpoena, which takes 90 days to happen. During that time, we'll get you out, but understand something. You could drive there and pick it up. We actually have a number of world-view-weekend people who have gone to the depository and picked it up. It's yours. You can go and get it. The moment it leaves that building, it's done. It's taxable as an ordinary income. And as I said, Brandon, the first thing they're going to do is stop movement. And when we were talking about doing social security for any person who questions the ability of the government to take retirement plans every day. If you're still working, watch that SSI on your check. When you get your pay to the other information on it, when it's deposited in your account, they take that money the same day and they use it like it's a tax payment.

13:22I didn't give them permission when I paid into my social security to use my money. I didn't say here, by the way, take that social security money and use it and then have the audacity. Yep. So don't, if they didn't have the social security, don't think they won't do your 401Ks. Exactly. Or your IRA. Or your IRA. Yep. And the audacity of them to sit back and tell us, Brandon, we said it on another show that this, we're upside down in the social security. Social security might not be able to be around five years through now. Well, excuse me. What did you do with our money? Yep. Who told you you could spend it? If you go back to the formation of social security and I asked to look into that, social security started under Franklin Roosevelt. I worked with after all that money, who spent all that money? I would like to know I didn't give anybody permission to spend my money.

14:22Where is it? I'm done. Worldviewgold.com, worldviewgold.com, or go to the website, the worldviewgold is the website. Go to the website, fill out the form, you'll get the free packet. No obligation. I don't get financial advice, I get financial opinion, my opinion is you should, well, get the packet and do your homework. Ask all kinds of questions. Talk to Michael Winer. Write down your questions. He'll answer them. Make a good decision based on your own homework and do diligence. Worldviewgold.com, or you can call, leave a voicemail, 1-877-864-1072-1877-864-1072. Thank you, Michael. My pleasure. Have a good evening, you all. Take care, my friend. All right, Michael Winer, checking in there guys. We'll be right back over to this short break. You think you're diversified. You own an index fund. Ten companies are now more than 40% of that index. At the dot-com peak, the top 10 were just over 26.

15:23Economists at the European Central Bank have now put it in writing. A correction in these valuations is likely. So ask the Amist question. If the AI trade breaks, what in your retirement account is not the AI trade? A gold IRA moves part of that account into physical precious metals, held in your name in an approved depository. Done properly, a rollover from an existing 401k is not a taxable event. Nobody is telling you what to do with your money. We're telling you what 10 stocks are doing to your index. All 877-864-1072 or go to WorldViewGold.com for your free no obligation packet.