Learn how you can protect your money today! Millions of Americans lost their retirements and savings in the devastating crash of 2008. CNBC's Jim Cramer said that the persistent sell-off in the stock market has gone beyond concerns about a slowdown in global economic growth and that stocks are 'really oversold' after markets fell to a new low for the year erasing all of 2018 gains. Bloomberg's Ranjeetha Pakiam stated gold jumped above $1,700 an ounce -- a level last seen at the end of 2012 -- as oil prices crashed and U.S. equity futures plunged after crude producers launched a price war, an additional disruption to a global economy already struggling thanks to the coronavirus. In the following essay by Goldman's Jeff Currie, published in the bank's latest Top of Mind report, the bank's head of global commodity research argues that we’re facing "the largest commodity demand shock since the Global Financial Crisis and sees more volatility ahead." In retrospect, his forecast was spot on when it comes to the price of Brent, which on Friday suffered its biggest one-day drop since the global financial crisis as OPEC+ disintegrated when Russia and Saudi Arabia failed to reach a production cut agreement. But it's not all doom and gloom: while Currie is confident there will be even more blood across most commodities, there is one metal which he believes will be safe: gold "which—unlike people and our economies—is immune to the virus." The three major U.S. stock Indexes have all fallen more than 10% from their recent highs, enough to be considered a market correction. And it’s worse for financial stocks, often a market leader: The sector is down 20%, putting it in bear-market territory. In recent months per the New York Times, the anxiety that we could be in for a replay of 1929 — or 1987, or 2000, or 2008 — for any American with a 401(k) including those with IRA's and other retirement accounts. Paul Tudor Jones, the billionaire investor, recently posited that we are likely in a “global debt bubble,” and Jim Rogers, the influential fund manager and commentator, has forewarned of a crash that will be “the biggest in my lifetime” (he is 76). What do you think will happen to your IRA or 401(k) when the economy collapses again? | 
