If
you are having trouble viewing this email, click here to
view as a webpage.
Flash email
U.S. economy 6
months away
from its biggest wipeout ever
In
six months, ten trillion dollars in debt comes due. Real
estate debt. Commercial debt. European government debt. The
money does not exist to pay it back. We shot our wad in the
last bailouts. There is no money left.
This debt was used to prop up bubble markets the world over.
It helped keep the global financial system afloat –
temporarily. In six months, that debt officially goes bad,
and no one can stop what happens next. That's when the whole
house of cards comes tumbling down.
Stocks, gold, oil and commodities are about to crash. Like
never before. The next six months could make you wealthier
than you ever imagined. Or they could make your life a
living hell, as you are reduced to among the poorest people
on the planet.
The
worst mistake you could ever make make is being fooled into
believing the depression is over. The truth is things get
worse by the day. The biggest financial wipeout ever is just
around the corner.
Hundreds of
millions of desperate people are buying the recovery b.s.,
hook, line and sinker. “The recession (depression) is over,”
they are told. “Inflation is taking the place of deflation.”
BULLLSHIT!
That simple
mistake will wipe out the world's masses. It will throw more
people into poverty than the Great Depression, World War II
and the US Civil War combined.
The most
important thing I can do for you is make sure you don't get
taken in by this great lie straight out of the pits of hell.
It will steal your wealth and literally make you a slave.
DO NOT BE
FOOLED.
Everything
depends on you getting this right. Why do you think the
world's biggest financial institutions have wiped out -- and
those not officially closed are walking dead men?
Why is real
estate still crashing in value the world over?
Why will
most people get a bologna sandwich and a bowl of gruel at
the soup kitchen, instead of their retirement check or
access to their savings?
The answer
is the depression. It is wiping out every financial
institution the world over. The 21st century Great
Depression is far from over. The next phase is just getting
started. It will be worse than ever.
We are six
months away from the biggest financial wipeout in history.
That is because in six months, trillions of dollars in debt
comes due, that can't be paid.
Commercial
debt. Real estate debt. Foreign government debt. The money
does not exist to cover it. Accounting tricks can't hide the
losses any longer.
This debt
was used to prop up key markets. It created the latest
bubbles in gold. In stocks and oil. It drove up commodities
markets, way beyond their fundamentals.
In six
months the false stimulus ends. Gone forever. And that is
when the next round of liquidations starts en masse.
Remember,
this debt is propping up the world's major assets.
Everything from stocks to real estate to crude oil. They
will be unloaded in emergency fire sales.
Not at the
imaginary values the banks carry on their books. They will
be sold at their real value. Five cents on the dollar.
The Dow will
fall 2000 points to start. Over the following months and
years it will collapse to 1000. That is not a typo.
Gold will go
to under $200. Million dollar homes will sell for $50,000
cash. If they sell at all. Many will simply get bulldozed
into the ground, after the taxman and the mobs are done with
them.
You have six
months at most to protect yourself. Six months to position
yourself for financial Armageddon.
Then it will
be either your biggest payday ever, or your biggest wipeout.
Millionaires mile or skid row. You have the power in your
hands to choose.
Within months
after the November elections,
all hell will break loose
Our
politicians are trying to spin “recovery.” Before the
elections, when it was clear the Democrats would take an ass
kicking, the economy was on hold. Nobody wanted to commit
political suicide, by stirring up the voters.
The Federal
Reserve was treading water. Bankers were told to stop
calling bad loans.
Huge numbers
of foreclosures were put on hold. GMAC, e.g., stopped
foreclosures altogether. So did JP Morgan Chase and even
Bank America for awhile. They still are desperately trying
to take the pressure off the banks.
Within
months after the elections, the kid gloves will come off.
Most people will learn firsthand the meaning of government
oppression. They will find out what a real live police state
is all about. They will finally see what it means to be a
debt slave, impoverished by the money they owe.
All this
comes at an enormous price. It makes the coming wipeouts
even worse. You have a very rare window of opportunity now,
to position yourself for the huge crashes that are coming.
The masses
do not understand this key fact: the global economy has
taken another serious, abrupt downturn. The next round of
failures, in the ongoing depression, are just around the
corner. They will be bigger than ever.
Quietly, the
cost of government borrowing in Europe is skyrocketing. To
raise money, most European nations are now forced to pay
huge premiums, above and beyond top-rated market interest
rates. For example, the rate on U.S. and German government
debt is around 2.5%. Most Euro nations must pay 6%, 8% and
higher. Otherwise they get zero money.
These
nations already can't pay their debts. That is what the
sovereign debt crisis is all about. (I warned you about this
back in March of this year.)
The
vastly higher interest rates make those debts far bigger. In
fact, they are impossible to pay.
Take
Portugal. Its borrowing costs are the highest ever. The
Portuguese government must pay a premium of 3 percentage
points to sell its debt.
It's worse
in Greece. Greece is now paying an incredible 5 percentage
points above face value.
Similar in
Ireland. They raised a few billion dollars recently -– but
only by paying nearly 11% interest! An unmitigated disaster.
All this
means one thing. These European countries will be the first
of many to default. U.S. government debt is the best debt in
the world to hold.
The U.S.
Federal Reserve joined the party, too, though in a different
way. They let the world know they will try to stimulate even
more, by using Quantum Easing.
Quantum
Easing is where they directly buy trillions of dollars of
U.S. government debt. That lowers the interest rate on
long-term U.S. government debt. It could potentially make
you an unbelievable killing.
I have been
begging you for 2+ years to buy very special U.S. government
debt instruments. Especially the zero coupons. They let you
leverage your gains, as interest rates fall. If you did so,
you are smiling. These investments have doubled in value and
more. And they are so safe, the U.S. government guarantees
them.
Falling
interest rates on U.S. government debt... plus the fact that
money supply is plunging... give even more iron-clad proof
that we are not in an inflation. They show again that we are
in a deflation. A depressionary black hole.
If you are
confused by all this, don't worry. The Big Boys planned it
that way. They don't want you to understand their plans to
steal everything you own -- by telling you it's a inflation,
when the truth is we are in a massive deflation.
Sad to say,
they are doing a damn good job of that. U.S. household net
worth is plunging. Officially down over 20% the past two
years. The real number is far worse: the value of people's
biggest asset, their house, has plunged far more than
government figures show.
We are light years
away from inflation
You will be
a victim of these wipeouts, if you don't understand this key
fact: for 30 years everyone has been screaming inflation.
For
30 years they have told you the immense, growing U.S. debt
will cause hyper-inflation. They say the only way government
can deal with the massive deficits is by printing massive
amounts of money. What a load of crap.
In 30 years
we have gone through an incredible transition. From a
massively inflating economy... to a massive deflationary
economy.
That is the
single most important economic fact of our time. Yet the
media keep spoon feeding the masses the “inflation is
coming” hooplah. The only things coming are more deflation,
a bigger depression and even worse economic wipeouts.
I've told
you this many times before. It is vital that you wrap your
head around it. From one end of the globe to another, people
are earning less. Saving less. Spending less. They have less
than ever before.
Your house
is worth less. Your job probably pays less. Your pension is
likely falling in value.
Government
services will be a sick joke. Profits in your business are
less. Less is the order of day.
Look at the
graph below. You can see that money supply is in a death
plunge to the ground. Down 10% in the last year. (The blue
curve on the graph shows you the percentage change.) This is
why the recent gold “rally” is such a great opportunity for
us.

Why we
have DEFLATION: M3 money supply is donn 10% the last year
Now look at
the table of gold supply and demand figures on the next
page. It shows the ugly truth for gold bugs. Gold supply
greatly exceeds gold demand. By over 25%.
Yes,
investor demand went up a bit. But that was more than offset
by plunging jewelry demand and rising supplies. As the table
shows you, the bubble gold market is in huge over-supply.
Of course,
Wall Street and World Gold Council do not want you to know
that. They used to tell you that the newly-rich masses of
India and China would scoop up all the gold in the world.
They have stopped spinning that b.s. The table shows you
why.
We've had
the greatest debt orgy in history. The biggest wipeout the
world has ever seen. Gold keeps getting hyped to the moon.
Gold
Supply & Demand 2010 (Metric Tonnes)
|
GOLD DEMAND |
|
GOLD SUPPLY |
|
|
JEWELRY DEMAND |
1,988 |
MINING |
2,444 |
|
INDUSTRIAL DEMAND |
412 |
SCRAP |
1,322 |
|
INVESTOR DEMAND |
720 |
IMF & NET GOV |
60 |
|
TOTAL DEMAND |
3,120 |
TOTAL SUPPLY |
3,876 |
Yet gold is
only up $100 from its mid-June high. Not something to give
you a lot of confidence. Four months of the biggest hype
imaginable, and gold only gains 8%.
In fact,
over the past year and a half, gold is only up $130. Excuse
me? A year and a half rally only lifts gold one hundred
thirty bucks?
That is not
a breakout. It's not gold busting to ever-new highs. It is a
suckers play in the making. A desperate manipulation that is
failing miserably.
When the
gold crash comes -– real soon now -– we are positioned to
make a leveraged killing.
Oil: another
bubble about to burst
Now take the
oil market. It already crashed 50% from its $150 a barrel
high. After that it put in an April high of $93 a barrel.
Then an August high of $84 a barrel. Now it's trading in the
$80 range.
Still a
bubble. Still in vast over-supply. Every day more and more
new supplies of crude come to market. In the global
recession, demand is falling. (Not rising as the oil
sellers/producers would have you believe.)
With demand
crumbling, and record amounts of oil coming to market, that
is no surprise. Oil is another market manipulation that is
failing miserably. It, too, could make us a huge killing.

Now let's
look at stocks. In 2007 the S&P 500 put in a high of over
1500. In early 2009 it plunged to around 750.
Since then
we've had the greatest rally in stock market history. Yet as
I write this, stocks are still under 1200. Still 25% to 30%
below their former market high. More important, every
indicator of market breadth is crying its warning: another
stock market death plunge is imminent.
Auto sales
are plunging again. Down 21% from a year ago. This in a
market that already had crashed 50%!
Home buying
is down 40% so far this year. Most of the buying that has
occurred was forced liquidation of foreclosed properties. On
top of that, industrial production is in another plunge.
Over 800
banks are on the U.S. government's critical list. Of those,
at least 400 will be closed in the next twelve months.
Companies
are dead-broke. Wiped out. The biggest stock bear market in
150 years is about to begin.
Yet bearish
sentiment in the market has fallen to just 24%. That means
on the eve of the worst wipeout ever, the market is the most
optimistic it's been since the peak in 2007! That is what
usually happens, shortly before a wipeout.
Mutual funds
jumped into this market with both feet. Now they hold the
lowest cash reserves on record. They have little to no money
to buy more stocks. They can't meet their coming massive
redemptions.
The
investing public can't put more cash in stocks. They have
seen their pay, savings and wealth plunge, year after year.
Banks can't
give the funds more cash either. They are broke themselves.
They are scrounging up every penny, to try and cover the new
higher capital requirements. (3.5 times greater.) Banks also
are desperately trying to cover the ever-increasing losses
on repossessed property they must liquidate.
Every time
markets have behaved this way -– when they have gone against
the fundamentals like drunken sailors given a port call
after months at sea, blowing their money on liquor and
whores -- they end up busted. This will be no exception.
I want to be
crystal clear here. The last time we saw indicators like
this was right before the 2008 market wipeout. A very
profitable time for us.
Now
the economy is in worse shape than ever. Not just in the
U.S., but globally. The market is whistling past the
graveyard.
This next
plunge will be the last curtain call. Dead-broke governments
can't bail out their own massive budget deficits. Never mind
bailing out the global banking system, like they tried last
time.
You do not
have much time to get your house in order. To position
yourself for the next death plunge.
The next
crisis is six months away. This is the most urgent warning
I've ever given you. As I've told you before, there will be
no more bailouts of any significance. Dead-broke banks will
fail miserably.
There will
be no recovery. If you have ever listened to me before,
please hear me now. You will get no second chance. If you
wait for the crash to make headline news, you will have no
chance to save your wealth. No chance to get at this market.
The
born-again gold bulls will soon realize they've been screwed
again. Think the 1980s, only worse. This time there will be
no rising economy to bail everyone out.
The 30-year
promise -- of massive inflation that never ends -– will be
shown as another false myth. ETF gold funds will liquidate
their positions en masse. They'll have to, to meet customer
redemptions. This will drop the gold market so fast it makes
your head spin. You will have little time to take advantage
of the huge market downturn.
Same
with real estate. 40 million properties will be foreclosed,
or liquidated by their owners. That's because over 40
million properties are underwater. Their owners owe more
than the properties are worth.
These people
are desperate for money. Many have lost their jobs. And now
the biggest “investment” they ever made is losing money left
and right. It is bankrupting them. They are hanging on by
the skin of their teeth.
Only one
thing has kept the housing mess from getting even worse.
Many major banks simply are not foreclosing on houses right
now. That ball of string is about to run out. They will be
forced to liquidate.
In
commercial real estate, banks have rolled over the bad loans
year after year. Now money supply is plunging. The smart
money is liquidating loans and stocks. It is buying record
amounts of U.S. government debt. The big pig at the trough
-- the U.S. government -- is sucking every dollar not nailed
down out of the world economy. This is deflationary.
In six
months, you better love whatever you have. Because that is
what you will be stuck with.
If you own
gold, you better love the stuff. It's going down to under
$200 an ounce. If you can find a buyer.
If you own
real estate, you gotta really love it. Instead of the 50
cents on the dollar you might get now, wait till you see it
sell for 5 cents on the dollar. That's assuming you can find
a buyer and are willing to finance the sale.
Shares
of stock in America's biggest companies will turn into penny
stocks. (The ones that manage to stay in business.) This
already happened to GM, Fannie Mae and Freddie Mac.
Think about
this. U.S. auto sales have dropped from 22 million units per
year to 11 million. What business can stand that kind of
loss in volume?
On top of
that, they drastically cut prices. Volume collapsing... and
prices plunging. No wonder they lose billions more each
year.
Incredibly,
the housing industry is even worse. We've gone from selling
1.5 million new homes a year to 290,000. More than an 80%
decrease. Now add the plunge in housing prices. One of
America's key industries has crashed by 90%.
Remember,
home construction and the automobile industries WERE key
industries. They were major sources of loans, jobs and GDP.
And the Wall Street/political/media assholes want you to
believe the economy is recovering?
We've seen
this game for two years. Nearly all big businesses are
broke. By playing tricks with their books, they pretend to
the world they are solvent.
Banks the
world over refuse to trade with each other. Rightly so. They
know their books are fantasy novels. Only massive accounting
fraud and ongoing trillion-dollar bailouts give them the
illusion of solvency.
Read the
handwriting on the wall. We entered the depression in 2007.
That's when the wipeouts started. We are still in that
depression. In fact, it's just starting.
Ask yourself
this question. What has changed in the last two years?
Have more
people gone to work? No. The real unemployment rate keeps
soaring higher and higher. 25% to 30%, counting discouraged
and part-time workers.
Have
businesses made more profits? Hell no. Just the opposite.
Their top-line sales are plunging. Take away their
accounting fraud, and corporations are losing more than
ever.
For example,
as I mentioned earlier in this issue, they don't include
their trillions in unpaid retirement debt on their books.
That alone would bankrupt most major U.S. companies.
Have
banks shed their bad loans? No. And NONE of those loans have
gotten better. They owe more than they did in 2008.
Has the
housing market recovered? No. More homes are being
foreclosed on than ever. The few sales that take place go at
ever lower prices.
Commercial
real estate is the disaster du jour. Another
multi-trillion-dollar wipeout. But banks haven't liquidated
those bad loans. Instead they pretend they aren't there.
i.e. they bury their heads in the sand. Those debts are
bigger than ever. Bank balance sheets are worse than ever.
The dumbest
freaking thing you could ever do is to buy the bankers'
desperate b.s. spin. To believe we are in a recovery. Are
you ready to bet your life -– your future -– on p.r.
releases from the Obama administration?
No, my
friends, the crisis gets worse by the week. You don't have
much time left, to get out with your wealth. That time
shrinks with each passing day.
If you have
nothing, and are happy with that, you have nothing to worry
about. But I think you will not like being a slave. I think
you will want to keep yourself and your loved ones safe from
the coming financial/political upheavals.
Not
so long ago, we had debtor prisons. During the Civil War,
people burned the furniture in their Mississippi plantation
homes, just to stay warm.
Not long ago
the only way you survived in the Wild West was by how fast
you could reload your shotgun.
Not so long
ago, during the last depression, millions of people stood in
bread lines. Hoping to get a meal. Their only possessions
were the clothes on their back.
Are we so
smug to believe that can never happen again? We are somehow
immune? We believe government will bail us out? Think
Katrina victims X 1000.
You have
witnessed the biggest banks in the world go broke. The
biggest insurance companies, investment bankers and
brokerage firms. You saw what used to be the world's biggest
industrial company -– GM -– declare bankruptcy. Investors
were wiped out. Doesn't that say something to you?
You've
watched the greatest debt ever amassed. But tell me. What
have the $10 trillion in global bailouts bought us? This is
a recovery?
No, this is
a publicity stunt. The last thing you need to do is buy into
b.s. spin. You got six months. You better use that time
wisely.
-------------------------------------
2011 will be the
worst year in economic history...
...and it will be
our
most profitable
Global
leaders dug a grave for the world economy. They used their
cozy relations with bankers, to try and bail out every major
dead-broke financial institution the world over. This will
go down in history as the tragic mistake that brought down
the global financial system.
They
did stimulus programs. They forged ahead with their
socialist fantasies. They promised they would right every
wrong humanity faces.
Central
banks pulled every trick in the book. They wrote some new
chapters as well. All to no avail.
Even after
the trillions spent on stimulus, 40 million people who used
to work are now either unemployed... underemployed...
working minimum wage part-time jobs (because they can't get
full-time employment)... or have stopped looking for work
altogether (discouraged workers).
This is
America's all-time record high number of people without
jobs. Bigger even than during the Great Depression.
Foreclosures
have gotten so bad, banks can't keep up with the paperwork.
Major U.S. lenders such as Bank America and GMAC stopped
foreclosures altogether, to get caught up and correct
processing mistakes.
The U.S. now
bulldozes down twice as many homes as it builds. It scraps
1.5 times as many cars as it sells. 22 of the 50 U.S. states
are about to default on their debt.
Economies
the world over have failed. Every other week, millions of
people march on their nations' capitals in protest. U.S.,
Italy, Spain, France and Germany are a few examples.
If we had
inflation, U.S. government bonds would fall in value. (i.e.
interest rates would go up). That is NOT happening. Instead,
bond prices are soaring to new highs. Yield has plunged to
all-time lows, heading ever lower. (Remember bond prices
move the opposite way as interest rates.)
This
defies all of Wall Street's predictions that massive
inflation is coming.
The Fed
isn't worried about inflation. They are terrified of
deflation. They know it could wipe out the world economy
and lead to social/political chaos. Especially since the
masses are preparing for the exact opposite of what actually
is coming.
New orders
at U.S. factories continue to fall. Debt and the U.S. trade
deficit keep soaring to new record highs. Bank losses keep
mounting.
Yet stocks
are soaring. Despite the worst economic disaster ever, they
have taken off on their biggest joke rally-back in history.
The
very financial institutions that were “rescued” keep seeing
their balance sheets savaged. They admit $4 trillion of
their debt has gone bad. They will soon come begging again
for another bailout. That is the problem. This time the
money does not exist to save them. They have gone from “too
big to fail” to “too broke to save.”
The Fed has
made it known that Quantum Easing is on the way. This drives
long-term interest rates lower and lower. Deflation kicks
into an even higher gear.
Chicago Fed
President Charles Evans said, “The U.S. Fed should do much
more monetary easing to spur a sluggish economic recovery.”
He also
said, “The last several months I have stared at our economic
unemployment forecasts. I've come to the conclusion that
it's just not coming down nearly as quickly as it should.
This is a far grimmer forecast than we ought to have.”
Evans said
he favors much more accommodation than we have in place.
(Which already has amounted to trillions of dollars.) He
said he favors even more asset purchases.
New York
Federal Reserve President William Dudley agrees. He says he
favors much more accommodation (quantum easing), unless the
economy improves substantially.
In an
unusually candid moment, Fed Reserve Chairman Bernanke said
“the risk of deflation was higher than desirable.” This is a
stark warning of the crisis you face. It sure is not
inflation.
The Fed is
scared shitless of DEFLATION. Not inflation. This next round
of Quantum Easing should drive interest rates on the 30-year
bond down to under 1%. Our U.S. government bond and zero
coupon recos could make still another killing.
Meanwhile,
the financial system has begun to seize up again. Major
European nations are closer and closer to default. Including
Greece, Portugal and Spain, to name just three.
No one wants
their paper. They know it could soon be worthless. Instead
investors are buying the best protection on the planet: U.S.
government debt. That's where people in the know have always
sheltered wealth during massive deflation.
The coming
wipeout pits your interests -- your very survival -– against
Wall Street's. Wall Streeters want to unload stocks, gold,
real estate, oil and commodities on you. That will let them
raise precious cash. You get left holding an empty bag, of
assets worth nothing.
2011 will go
down as the year the capital system failed. When the stock
market and financial system as we know it came to an end.
The next round of defaults and bankruptcies will make the
losses in the Lehman/GM wipeouts look like pocket change.
2011 will be
the year America's mightiest financial institutions close
their doors for good. When the most prosperous people in the
western world -- Americans -- turn into the poorest.
This
is when U.S. democracy and capitalism stop operating. The
American empire will collapse in a deflationary meltdown
like never seen before. It's when we suffer a humiliating
defeat in the longest war we've ever fought: Afghanistan.
Most other
government debt around the world will default. Not the U.S.
Our government debt will be paid in full. As America taxes
to death its remaining citizens: those who have not been
completely wiped out by the depression.
America's
insane 30 year debt orgy comes at a price. Its citizens
become debt slaves. Now the debts are due. The party is
over. We made our bed and must sleep in it.
You have
already seen the start of this. Obama is raising taxes. Soon
he will raise the retirement age. Leaders on both sides of
the aisle have come out in support of this.
Meanwhile,
foreigners are buying up more and more of America. As of May
2010, they held $4 trillion of U.S. government debt. They
own trillions more of American hard assets, such as real
estate, American corporations and banks. The numbers keep
rising higher, month after month.
Next year it
all comes to a head. Fortunes will be lost. Fortunes will be
made. If you believe the fairy tale of economic recovery...
if you believe real estate is now a bargain... if you
believe the Fed is printing money and bringing on
inflation... if you believe gold at the highest price in
history is a good investment... if you keep most of your
money in a bank or money market fund... you will be reduced
to poverty.
You have
another option. It's not hard to do. People who get out of
financial institutions... who take their money out of the
stock market (on the buy side)... who are selling gold...
shorting commodities... or even just keeping their money in
U.S. government securities and cash instead of banks...
could make a huge killing. A few thousand dollars in cash (a
very rare thing over the next few years) will buy what a
million dollars used to buy.
Most
cities will become unlivable. Most urban dwellers will
become slaves of the state or victims of the gangs. Living
in crime-ridden cesspools of poverty, degradation and
starvation. Trapped in the ever-loving hell holes (really
war zones) the deeply impoverished/racially divided cities
of America will become.
Police will
be the oppressors. The arms of the new American fascist
state. That is what our nation will turn into, as poverty
tears it apart. It will be all-out class warfare, with the
middle class losing.
Government
programs will give little relief to the suffering of the
impoverished masses. Social Security, food stamps, Medicare
and welfare will be greatly cut. In some cases, eliminated
altogether. At best they will allow you slow starvation.
Until you succumb to the illnesses and diseases that will
spread like wildfire.
The masses
will go crazy over this. The French strikes -– that shut
down the nation over a proposed two-year hike in the
retirement age, that doesn't go into effect for ten years -–
are just the first stages of this.
2011 is the
year all debate ends. Everyone will know the empire has
collapsed from within. Everyone will know it's a depression.
Everyone
will know real estate is worthless and their will be no
inflation. Sooner or later you will find out inflation is
the last war. The new ten ton gorilla is deflation.
If you've
taken a few simple steps, you could have your best economic
times ever. You must get out of debt. You must put your
financial affairs in order, ala the conservative
recommendations we've given you.
If you have
followed our speculative recos, and patiently waited, you
could end up with more money than you imagined.
In 2011 the
stock market will crack apart. It have its biggest losses in
history. Most financial institutions will shut down for
good. An unprecedented collapse in gold, oil and other
commodities will take place.
Business
will fail like not seen since the last great deflation. You
know that as the 1930's great depression
Remember,
the same distortions have propped up all these markets.
These distortions are unwinding. That is why market after
market will make historic plunges in the next 12 months.
Many of the
formerly wealthy will abandon their mansions. Like we saw in
St. Louis in the 1970s and 1980s. Like in Newark and
Brooklyn.
One hallmark
of every great wipeout and economic calamity: the vast
majority of people are caught unprepared. They are stuck on
the wrong side of the event. This time the numbers of those
people will dwarf all previous downturns.
Never
have I seen so many markets get things so wrong. Never have
so many intelligent, prosperous people been about to wipe
out. Destiny will charge them a price, that can be described
in one word:
Everything.
They will lose it all.
People who
own houses in urban areas will see their taxes skyrocket.
They will literally walk out their doors, and leave their
homes behind. Just like millions of homeowners did in the
1930s. Just like millions are already doing now, in areas
the depression has hit especially hard. Michigan, Nevada and
Arizona are three examples.
Entire
financial centers will become ghost towns. The only sounds
will come from thieves breaking down doors, and stray cats
that forage in garbage bins.
For a time,
government will lose control. Anarchy will rule. Skinheads,
white supremacists, black and Spanish street gangs will duke
it out, in street fighting scenes like we saw in Iraq.
You, the
innocent, will be their prey. Their soft victims. You pea
shooters will not do a thing against a hundred 20-year-olds,
hopped up on drugs, carrying heavy machine guns and RPG's.
I know this
is not a pretty picture. I know bankers and politicians have
spent trillions, trying to buy time. They only make the
ultimate price we must pay worse.
Starting in
six months, in 2011, time runs out. The debts come due, with
no way to stall.
In 2011, the
world finally sees the folly of the stimulus programs. What
the bankers called a “liquidity crisis” turns into a
full-blown solvency crisis. This will topple every major
financial institution the world over.
After the
initial period of mass anarchy, governments will rush in to
fill the vacuum of the mass wipeouts. Instead of bankers
calling the shots -- as they do today, with forged balance
sheets -- the military will call the shots, with bullets.
Never will
the words “cash is king” be more true. Never will green cash
give you more power, than in the next phase of this wipeout.
Of course,
Wall Street, your friendly banker, and the whore politicians
are not going to take out ads in the New York Times, warning
you of what's coming. They won't go on the nightly biz news,
to announce ahead of time, the biggest wipeout in mankind's
history.
Just the
opposite. They will blow blue sky up your butt. For as long
as possible.
They know in
advance what is coming. They have their priate islands.
Their security details. Their hordes of cash and U.S.
government treasuries, which are being snapped up in record
amounts.
It's you,
the sleeping masses, they are selling gold to. They are
selling stocks and 'distressed' real estate.
The smart
money is raising cash. The only question is, are you going
to be smart or a victim.
------------------------------------
Fed just reversed
90 years of fighting inflation.
Now stopping DEFLATION is
its #1 goal
Some
incredible events are taking place. Economic cracks that
started as minor fissures are turning into giant
earthquakes. They are shaking the global financial system to
its foundations.
Key among
these: the Fed just reversed 90 years of fighting inflation.
Instead of worrying about rising prices wiping out the value
of everything you own, now they worry about the opposite. As
the Fed itself states, inflation is “too low.”
“Too-low
inflation” is Fed-speak for deflation. This is
unprecedented.
For the
first time ever, they are saying we are in a deflation, and
that it is a serious problem. They say they want to
“inflate” the economy. Meaning they want to TRY and reverse
the deflation.
Here's a
news flash. They've been trying to reverse this deflationary
recession for going on three years. Nothing works. Nothing
will, either.
The death
plunge continues. In fact, it is accelerating. The Fed is so
terrified, they are taking the exact OPPOSITE stance towards
prices, as they have their entire history. They are
reversing the mandate that bought them to power to begin
with.
The
September CPI report recently came out. Know what inflation
is, year over year? Zero. The core rate, that leaves out
food and energy prices, was up 0.1%. For all intents and
purposes, also zero.
Now add the
wipeout in jobs. The crashing housing prices. The huge
discounts the automobile industry is giving. You see prices
are contracting at double digit rates.
GE just
announced a big drop in its top of the line sales. GM saw
sales plunge 25%. What's going on here?
New claims
for unemployment keep skyrocketing. They come to nearly a
half million each week. Home foreclosures are going crazy;
home prices are still plunging.
And they
want you to prepare not only for inflation but
hyper-inflation? Talk about insanity.
You've heard
the spin that government will somehow “stop” foreclosures.
Bull. They can't do that, any more than they could keep
Lehman Brothers afloat, or stop the real estate bubble from
bursting.
They face a
fundamental problem. Millions of people stopped paying their
mortgages. That number keeps growing. So the real estate
wipeout keeps getting worse.
It is
damaging every major U.S. industry and business. It is
setting the stage for the next huge downturn in our economy.
Every foreclosure is a cheaper house coming to market.
Eventually it MUST be sold, no matter what the price.
The stimulus
put a little fluff in the economy. But that is now long
gone. The economic numbers are turning negative again. As
Fed Chairman Ben Bernanke said, “there would appear, all
things being equal, to be a case for further action.”
“Further
action” means more Quantum Easing.
The Fed and
the U.S. government made perhaps the gravest mistake in
banking history. They let the wipeouts fester. They did not
cut out the cancer in our biggest financial institutions.
They fed it, and let it spread.
Result: the
entire financial system is wiping out. Our democracy will
fall apart. Replaced by dictators, who control not just your
money, but your every move. You have been warned. Ignore
this at your own peril.
I said it
many times before. Let dead-broke banks go broke and stay
broke. Let wiped-out businesses (like GM) stay wiped out.
Unfortunately, no one in position of power is willing to do
that.
Not just in
the U.S. Everywhere. Take Ireland. It now spends close to
25% of its entire GDP, just to keep three of its biggest
financial institutions above water. (Anglo Irish Bank,
Allied Irish Bank and Irish Nationwide Building Society.)
Ireland is
bankrupting its citizens. It is bankrupting the entire Irish
economy. It should have let the banks go broke. That would
have limited the losses to the shareholders. Instead, it is
spreading the banks' losses to everyone. People are
literally going back to herding sheep to make a living.
In the U.S.,
the wipeout is in its third year, with no end in sight.
Don't get taken in by the recovery b.s. There is no
recovery. There will be no recovery in your lifetime.
Look at most
any neighborhood across the nation. Property values are
still falling. Retail businesses are still closing their
doors. It's not over. It's getting worse....
Banks use
accounting black magic to create the illusion of solvency.
That is no more real than the profits Bernie Madoff promised
the poor fools who gave him their money.
A whole new
round of defaults is about to hit. That's on top of the mass
of defaults we already have (including those the banks swept
under the carpet: a much bigger number than the ones
admitted to).
You might
say, “Yes, I know the recovery is bull. I know the
depression is getting worse. But the markets are not
responding yet. They are whistling a happy tune.”
I say, “what
else is new? Markets often get it wrong. That's why we have
opportunity. If markets didn't get it wrong, we couldn't
make any money.”
You might
respond, “you've been saying this for a long time. But the
stock market trades have not yet taken off. Gold is going
higher.”
Let me put
it to you this way. Suppose I guaranteed you would make a
million dollars. (I'm not. This is an example.) Suppose I
said to you, “do this, this and this, and I guarantee every
thousand dollars you invest will turn into a million.”
Then I said,
“The millions are coming. They will be yours. You won't have
to put up any more money to get them. But I don't know if it
will take one year, two years, or three years.”
Would you
care? The answer should be, of course not. You have a
guaranteed return. You are happy to wait for those kinds of
profits.
Of course, I
can't give you a guaranteed return. But I can give you the
closest thing to it. Here's how.
The U.S.
economy is showing all the signs of disaster. In
unemployment. In foreclosures and real estate prices. In
retail sales, consumer prices, trade deficits, bank and
business failures.
At the same
time, against all sense, gold is rallying –- because of the
phantom “hyper-inflation”. Stocks are going up -– on the wet
dream that government stimulus programs or the newly-elected
group of politicians will turn around the economy.
In this mass
fantasy, Obama and government create jobs for tens of
millions of unemployed people. They send real estate values
soaring to new highs. They pay back the hundreds of
trillions of debt we owe, and drive profits in America's
companies to record levels.
It's a huge
disconnect with reality. Reality is deflation. It is debt
soaring ever higher. It is interest rates plunging, and the
economy sinking deeper into depression.
AND HERE IS
ANOTHER NEWS FLASH TO YOU. THE LATEST PACK OF GREENHORN
POLITICIANS, WHO JUST GOT ELECTED, ARE IN FOR A RUDE
AWAKENING.
Slogans and
flag waving will not save the day. Because the day is beyond
saving!
I've never
seen anything like it before. That's why I am doing
cartwheels. The markets
will catch
up with reality. There is a fortune to make. Damn soon now.
The money we could potentially make is greater than any even
I imagined. That is saying something!
The banking
system needs untold trillions more in capital. That capital
does not exist. Even if it did, it would not save the banks.
This is
about to get a lot worse, too. New capital requirements
require banks to hold 3.5 times more capital than they do
now. In other words they are running out of capital, at the
exact time a new law is enacted that requires them to raise
vastly more of the stuff!
On top of
that, the Fed is making history: by saying the big economic
crisis is that inflation is running too low!
This is
unprecedented. Inflation is already invisible. But for the
first time ever, the Fed wants to keep this nonexistent
“inflation” from falling even further!
Whenever you
hear this crap, keep in mind the two words they are loathe
to speak. The “D” words. Deflation... and depression. The
greatest con job ever is getting pulled on the masses and
the nation.
And it could
not occur at a worse time. Sure, the 1930s were hell. Up
through 1945. But the Great Depression was followed by the
greatest economic growth in U.S. history.
(Of course
we had to make it through that little thing called Word War
II to get to the recovery part. That was no small feat.
Around 100 million people lost their lives. It completely
re-wrote the map of the globe.)
For 25 to 30
years after the post-World War II recovery we had basically
no deficits. We ran huge surpluses. Both at home and abroad.
We enjoyed a booming economy of growth and prosperity.
The great
wealth of our middle class was built during that time.
America reached its height as an empire.
All this was
possible for one reason. During the 1930s we flushed the
toilet. We let financial institutions, banks and dead broke
businesses fail. We let homes that collapsed in value
default.
We let the
system cleanse itself. We paid a terrible price. But it had
to be done.
Now we are
three years into this depression. We're equaling the worst
economic numbers of the Great Depression. In foreclosures,
plunging money supply and unemployment.
But we never
cleaned out the rot. We are trying to avoid paying the price
for the greatest debt orgy the world has ever seen. Not
going to happen.
We have
squandered the money that might have helped build a true
recovery. We threw that money away, on dead-broke banks,
major corporations (like GM) and “too-big-to-fail” financial
institutions.
Bankers and
government officials -– the few who know what is going on -–
are waking up to their worst horror. They know we are in
this massive deflationary spiral. It is out of control. The
so-called “recovery” has vanished off the map.
Now they
admit housing is falling again. Foreclosures are not even
being recorded. Unemployment will not improve for a decade
or more. We run a real risk of dropping back into recession.
They
publicly admit all this. But what they will never tell you
is there is no saving the system. Too late. We passed the
point of no return.
America will
keep running deficits. It will keep borrowing huge amounts
of money. It will keep sinking deeper into this
deflation/depression.
And how will
our nation pay its vast debt? I've told you before, but it
is so important, let me tell you again. You must grasp this,
like nothing else I've told you.
The U.S.
will service its vast debts in three ways. One, it will cut
government services to the bone. Two, it will tax U.S.
citizens to death. It has already started both of these.
Three,
interest rates on U.S. debt will go lower and lower. This
will drop our interest payments down to a fraction of what
we pay now. It is the forced liquidation of the world's
greatest empire and the world's wealthiest citizens.
How much
lower will rates go? Take the 10-year bond. Currently pays
around 2.5%. Japan's economy is similar to the U.S. Similar
pay. Similar problems with China stealing their products and
closing its factories. A huge debt burden, and no inflation,
just like the U.S. Japan's 10-year bond trades under 0.90%,
still dropping.
That's where
the U.S. 10-year note is headed. Probably even lower, to
under 0.75%, in my opinion. We have a hell of a long way to
go before this downturn hits bottom. When it does, it will
not bounce back for decades.
The U.S.
30-year bond trades around 3.95%. That will go down to
0.95%, if not lower. So 30-year paper has 300 basis points
to fall (3 percentage points). 10-year paper has 200 basis
points to fall. (2 percentage points.)
If I'm
right, a fortune could be made in one of the most
conservative recommendations I know of. Simply by buying
these bonds now, and waiting for rates to fall.
This is the
most phenomenal conservative opportunity I know of. The
potential to double your money or more, in an investment
100% guaranteed by the U.S. government.
This trade
has already done very well for us, since we first
recommended it. It easily outperformed gold, though it does
not get the hype. It should do a whole lot better over the
next 24 months.
And why am I
so sure of this? Because the Fed is telling us! They are
telling us the economy is in a nosedive with the ground.
They say they are going to embark on another round of
Quantum Easing. Just as I've told you they would, for
several years now.
I've given
you a number of trades, with Quantum Easing in mind. Our
gold short trade envisions Quantum Easing. So do our bond
trades. They are tied to the fact that we are in a massive
deflation -– or as they say, an inflation too low.
Incredible!
Central
banks the world over must get interest rates down. Otherwise
their massive debt buries them. They've eased for the past
few years. They triumphantly declared victory: I am sure you
remember when in 3-part harmony, like a finely-rehearsed
choir, they all sang the recovery/victory song.
Now they
admit that was b.s. They are telling you they must keep
doing Quantum Easing. See why I love these trades?
The Fed's
traditional tools are broken. Fed Funds was their preferred
way to move interest rates. But it trades at 0% interest.
Nowhere to go there, and still no recovery.
Lowering
long-term rates, with Quantum Easing, is their only option.
Understand
this, and I think you could well stake your fortune. Get it
wrong, and these huge moves will wipe you out. Just as they
have wiped out most of our banks... many of our biggest
corporations... the Donald Trump wannabe real estate
tycoons. All with the worst yet to come.
Man. I am
licking my chops over our trades.
Crucial point:
most every other bond besides U.S. government bonds is
getting hammered. Including corporate bonds. People are
starting to figure out their vast exposure in this mortgage
fiasco.
It will take
time for all this to become widespread knowledge. It will
take time for the markets to react. So do not let the
apparent disconnect in gold and the stock market fool you.
Mark my words, you will soon see the biggest plunge ever in
these markets.
The markets
have it wrong. Terribly, irreversibly wrong. All you have to
do is wait them out. Just sit there till the markets go our
way.
Remember,
your cash and U.S. government securities get more valuable
with each downtick in prices. And the ETFs we recommend have
no time limit. No extra money to put up. You can sit back
and watch the show unfold.
So if you're
in the game, relax. Give it time. Eventually happy days will
be here again. Very happy days, in my opinion.
Bernanke
just said, “the risk of deflation was higher than
desirable.” That is what Quantum Easing addresses.
And Boston
Fed President Eric Rosengren just said, “a gradual response
to deflation may not be as effective as a more active
response, to arrest deflationary pressures before they
become embedded.”
The Fed
warning of deflation! This is stunning. Understand that and
your life could be one of joy. Get fooled by the spin about
gold, inflation and the “recovery,” and you will end up
crying.
Gold has had
a nice run. But 80% of gold demand is for jewelry.
High-priced gold is killing demand for jewelry. So is the
depression.
The high
prices also are bringing every gold mine on earth into
production. Vast amounts of scrap gold are coming out of the
woodwork.
Result is,
gold supply greatly exceeds demand. There is no chance gold
can maintain these prices.
Like the
bubble in real estate, investor demand for gold is about to
collapse. Yes, the wipeout in other markets will spill over
into gold.
Because not
only do the demand/supply stats call out for it. The gold
market is banking on more inflation. The exact opposite of
what we have, and will have for years to come.
It's sad.
All the suckers who were in the bubble real estate market
are now in the bubble gold market. The masses, who were in
the bubble stock market... who wouldn't touch precious
metals when they really were a bargain, are now all in the
bubble gold market.
A huge group
of people keeps chasing bubbles. They keep getting their
hands burned. They grow poorer and poorer all the time.
The masses
do not see the deflation coming. Just as they didn't see the
inflation they lived with, most of their lives, until it was
already upon them.
It's a
waiting game. Within six months or so, the next plunge in
the stock market occurs. The next round of bank failures
occurs. Gold will get its back broken.
Our banker
buddies are looking for the next round of bailouts. But that
money doesn't exist. What happens when the banker whores
come back for a few trillion more in bailouts -- bailouts
this time they will not get?
Answer: the
biggest crash ever. All you have to do is wait them out.
In 1933,
over 50% of mortgage debt went bad. Similar to today. New
housing construction dropped by 80%. Again similar to today.
Unemployment
was 25% back then. Same as now, if you count honestly.
Money supply
was falling back then. So were interest rates.
In other
words, the key economic stats were the same then as they are
now. So tell me, what's different today? Not a damn thing.
We just
heard from Dennis Lockhart, President of the Atlanta Fed. He
said, “we've slowed down dramatically. Inflation is running
too low. It is too close conceivably to the kind of tipping
point into a deflationary environment."
Folks,
inflation isn't just “too low.” Inflation is nonexistent.
But 99.9% of the people do not understand deflation. They
don't understand how it works.
The 0.1% who
do understand deflation are among the most sophisticated -–
the wealthiest –- people on the planet. They shelter
themselves by buying massive amounts of U.S. government
debt. You should do the same.
Gold and
stocks are the most overvalued markets out there. At DOW
1000, stocks will be valued correctly. Gold will be valued
correctly at $150 a ounce.
We are
positioned perfectly to cash in on the deflationary black
hole, as it sucks up the sleeping masses' wealth. Across the
board, we are right in our positions. In my opinion all we
have to do is wait.
That is the
nature of trading mega-trends. They could make your
wealthier than your wildest dreams. With the coming
apocalyptic events, a little bit of patience has never been
more important than now.
The sky-high
unemployment rate confirms what I am telling you. The
ongoing housing wipeout confirms what I am telling you. The
economy turning tail, and heading back down -- after the
experts promised the “green shoots recovery” -- confirms it.
Funny how they don't mention those green shoots anymore.
The Fed
saying they are below their inflationary targets confirms
it. That's a first. They have always been afraid inflation
was too high, not too low!
Wow. The Fed
is going to pay us a lot of money, as it lowers rates. All
we have to do is hold our positions. Every position I've
given you is still valid.
I don't
think you have to wait four years for these events to take
place. I don't think you have to wait two years or even one
year.
I think the
excitement starts to unfold in the next six months.
I also think
the markets and economy will take another four years or more
after that to hit bottom. Then they will scrape along that
bottom for decades. This is a generational event.
When gold
wipes out to $150 a ounce and the DOW goes to under 1000, it
will be time to fold up shop. To head for that little farm
in the country -– that cave in the hills we outfitted --
waiting for this very day.
What if your
broker goes broke?
Many of you
have asked me, “what if my broker goes broke? How will I
liquidate my trades?”
Here's the
thing. You and I are in the tiny, tiny minority. The masses
still buy into gold. Into stocks. Into inflation and
recovery.
And history
shows the masses hang on. They keep holding their positions
to the bitter end. Even as the markets fall apart around
them.
They did
this through the 1930s. They did it with gold in the 1980s.
They did in the year 2000 tech wreck... and the mutual fund
collapse.
They are
doing it now in stocks. They did it in real estate, in
spades. How many people do you know who are still holding
onto their homes -– even though they have already lost 30%,
50% or more of their value?
The sad
reality is, we will have plenty of misguided fools to cash
in on, as they ride these overvalued bubble markets to the
rock bottom. So I'm not worried about us getting out with
our money in these trades. Broker defaults will be at the
final end game, when they throw in the towel.
The masses
are willing (even eager) to take what's left of the money
they haven't lost so far in real estate, stocks, their
mutual funds and retirement funds -- and jump right back
into the bubble-blowing casino.
They will
lose everything. We can join them, as future debt slaves. Or
we can protect ourselves and potentially make a huge
fortune.
Never have
we been in a better position in the markets. In six months,
I believe the next round of wipeouts begins. Unfortunately
it's gonna get ugly, for the nation and for most people you
know. But never better for us.
God must
really like us!
------------------------------------
Why should I care?
When it
comes to a financial wipeout, people fall in three
categories. The very concerned. The not so concerned. And
the vast majority, who I call “clueless in Cleveland.”
Experience teaches that for great calamitous financial
events to occur, one critical thing is essential. They must
catch people by surprise.
If you live
in an apartment building, and you know that on Tuesday at
7pm there will be a four alarm fire, you won't be there.
You'll move your belongings out of the apartment. You'll
make sure you are insured, and keep your losses at a
minimum.
As versus
being in that four-alarm fire, trapped on the 10th floor,
where you lose everything and burn to death.
You and I
have a great gift. We know the apartment building is on
fire. The only discussion is how big it is, and sifting
through the b.s. from the politicians about how they are
putting the fire out.
As you see,
government is calling for more fire engines. More fire
stations to respond. Even as the politicians declare they
have put out the fire.
The most
incredible spin in the world surrounds this wipeout. No one
except me wants to tell you how bad things really are. In
essence, they want to trap you in the burning building, that
represents the global economy.
That is why
your WSI issues these days are full of warnings. It's why I
give you detailed exposes on these events, and the
incredible opportunities they represent.
But I am one
lone voice in the wilderness. I live in self-imposed exile.
Most everything else you see, read and hear tells you to do
the exact opposite of what I recommend.
They want
you to buy gold. “Distressed” real estate. They want you to
put your savings in the stock market, so you can prepare for
a global economic recovery.
Problem is,
they have a basic conflict of interest. The people who want
you to buy gold are the ones who sell the stuff. What a
shock.
The people
who want you to buy distressed real estate have a bulging
portfolio of the crap. The people who want you to buy
stocks, have an endless supply of stocks to sell you.
Then there
is little ole me. I don't sell any investments. I don't
touch anyone's money. I'm one voice, who writes a
publication in exclusive distribution. I tell you exactly
the opposite of what the thousands of news shows,
publications and 'experts' say.
So your job
is simple, but your task is complicated. Your task is to
decide who is right and who is wrong. That's the hard part.
Once you do that, it's a simple matter of knowing what to
do. I show you that, too: if you accept my analysis.
Often what I
have to tell you is repetitive. That's because we're in an
ongoing depression, but the whole world wants to deny it.
You've been
barraged by two years of propaganda, about the so-called
recovery. There has been no recovery. Things keep getting
worse. Each scheme the politicians and central bankers come
up with ends in dismal failure.
More and
more people are losing their homes. Their jobs. Their
formerly prosperous lifestyle. Like worms eating wood, the
bankers and Wall Street scumbags are stealing more and more
of your wealth. With each month, they take you further down
the road to financial death and destruction.
This is
killing me. It's like watching a loved one die a slow death
due to brain cancer. Every day more of their life is sucked
out of them. Their suffering grows worse. To the point where
death is a welcome relief.
You will not
get the correct opinion on your financial survival by a
democratic vote. If the vast majority of people tell you to
buy gold, that doesn't make it a good investment. If they
tell you there's a recovery, and everyone believes it, that
doesn't make it true.
And that is
the horror show we are living through. Most people do not
have a clue of what's going on. The few who sense this great
tragedy, have been fooled into doing the exact wrong things.
Maybe you can appreciate my pain.
Everyone and
their dog is telling you to prepare for inflation. Even
while the Fed itself is desperate to stop DEFLATION.
Wall Street
keeps telling you government is printing money. Yet the
money supply is shrinking. Interest rates are plunging.
What do I
have to do, to open your eyes so you can see? How do I
preserve your wealth? And stop you from falling into the
biggest money trap ever designed to take your money?
The next
section of this issue is the money ball. The punch line. No
matter how rich or broke you are, you can undertake some or
all of the trades I describe.
They are
based on 30 years of direct market experience. They are my
up-to-the-minute recos for what people who want more can do,
to achieve two things. First, survive the depression. That
will be a miracle by itself. Two, how you can prosper, the
way you may always have dreamed of.
I can't
begin to describe to you the urgency of the time we live in.
Of the desperation that exists out there. The vast majority
of investments are designed to screw you out of your money.
A handful are the absolute only way you can preserve your
wealth, and get ahead.
The hell of
it is, the masses never make these investments, because they
are so simple. They go against what they have done most of
their lives.
In closing,
the game has changed forever. The inflation you have known
all your life is gone forever. We're now in the most
insidious of all events. A vast deflation.
Every man,
woman and child the world over will be affected by it. Only
a few thousand really understand and embrace it. It is my
sworn duty to elucidate these events to you... and empower
you to save yourself.
Ignore these
recos at your peril. Understand them and enjoy great wealth
and security.
Signed,
Nick, the
lone voice in the wilderness.
PS: There's
a damn good reason I'm a lone voice. Most everyone else is
out there to screw you, either because they are ignorant or
they are evil. As for the wilderness part, you don't want to
come to this wipeout party. The further you can stay from
the newly impoverished, the safer and happier you will be.
-------------------------------------
Government Scam Has
Created the
Greatest Stock Market Profit
Opportunity
in 80 Years!
Months of lying,
cheating and manipulations -- by banks and the Fed -- have
created an artificial run-up in key financial stocks.
You could turn
$1000 into $200,000...or $10,000 into two million...if these
stocks merely go back to where they were when the rally-back
started.
And thanks to new
trading instruments, you never risk a dime more than your
initial investment...
Dear
subscriber,
The U.S.
government’s desperate but ultimately doomed attempt to save
America’s biggest banks, by any means necessary, could end
up making you rich.
And I don’t
mean a little bit rich, either. I’m talking about the kind
of profits that could set you up for life.
You now have
a realistic chance to turn every $1,000 invested into
$100,000 in six to 12 months.
Or you could
turn $50,000 into $5 million.
Believe it
or not, that’s a
conservative estimate. You could end up making even
MORE.
An
opportunity like this comes around once a century, if that.
In more than 30 years of trading, I have NEVER seen such a
slam-dunk chance to make a potential fortune.
Let me
explain.
Massive accounting
fraud has created
the biggest profit opportunity in 100
years
For the past
two years, we’ve all watched in horror. The biggest banks
and financial institutions in the world went bankrupt.
IndyMac.
Fannie Mae and Freddie Mac. Lehman Brothers. Bank of
America. Washington Mutual. American International Group
(AIG). Wachovia. The Royal Bank of Scotland.
All the
remaining “too-big-to-save” financial institutions teeter on
the brink of insolvency. So do thousands more.
That’s
because they don't just owe trillions of dollars. They owe
HUNDREDS of
trillions of dollars. And they can’t pay it back.
The banks
financed leveraged investments known as derivatives.
Derivatives made them massive paper profits in the 1990s and
2000s.
But when the
real estate market crashed, those investments suddenly
became near worthless. Only government bailout money has
kept the world’s biggest banks temporarily afloat.
But here’s
what you may NOT
know. Since the stock market crash of October 2008, the
stocks of these bankrupt companies have SOARED in value.
The
companies are dead-broke. Yet their stock prices have gone
up 100%, 200%, 400% and more:
-
Citigroup went from $.97 a share to over $4. Even though
Citi is dead-broke...has received tens of billions in
bailouts... and will get tens of billions more in the near
future.
- Bank of
America rose from $2.53 to $11.44.
- Wells
Fargo jumped from $7.80 to over $26.
- AIG
(which insures around $200 trillion worth of dead-broke
derivatives) soared from $.33 to over $2 (on a
split-adjusted basis).
- Morgan
Stanley rose from $6.71 to $26.73.
- Goldman
Sachs went from $47 to $157. Even the dead broke
mortgage giants Freddie Mac and Fannie Mae more than doubled
in price. And remember these guys are bankrupt walking dead
men.
How did this
happen? Why did the stocks of bankrupt companies take off on
the biggest rally in stock market history?
The answer:
The greatest, most systematic, most corrupt act of fraud in
the history of financial markets.
And it is
precisely this act of fraud that is giving us a
once-in-a-century opportunity. Small investors could make
100 times their money in a matter of months...
The U.S.
government conspired to trick
the public into believing
banks are making money again!
Here’s the
one fact you need to understand, to have a chance to become
wealthier than you ever hoped possible:
Banks
still own all
those toxic derivatives.
Nothing...
absolutely NOTHING... has changed! Hundreds of trillions in
bad debt caused this crisis in the first place. They are all
still there. Still wiping out. Still losing fortune after
fortune.
Banks have
not been
able to unload these mega money-losers. The greater fool
theory no longer works: this time, the banks turned out to
be the greatest fools of all! No one wants their trillions
in debt, except at 90% discounts.
Ten cents on
the dollar is the real market value of their derivatives.
But suppose the banks sold off their assets at that price.
The world would suddenly know the truth: they are all flat
broke. They would be shut down in a New York minute.
Bankers
would lose their cushy jobs and sky-high salaries. Many
would go to jail.
The U.S.
government is well aware of this. It knows the banks can
never cover their trillions in losses. It knows the
financial system could wipe out overnight, if this becomes
public knowledge.
So Wall
Street and governments worldwide came up with a plan.
Government would do two things.
First, they
would try to shore up the banks’ cash reserves. They did
this by pumping $7 trillion worth of government loans and
bailouts into the financial system.
Unfortunately for them, that was nowhere near enough to
cover the ever-bigger losses. Remember, banks don't 'just'
owe five or ten trillion. They owe hundreds of trillions.
That's why the economic crisis keeps getting worse.
So
government hatched the
second part
of its plan.
It
systematically covered up the
true amount
of the banks’ losses. It didn't just hide these losses. It
made dead-broke banks look like they were actually making
money!
In short,
government committed massive, wide-scale fraud.
Here's how
this skullduggery worked. Until the end of 2008, banks had
to value derivatives at what they were actually trading for.
This is known as “mark to market.”
If they did
that today, every major U.S. bank would be bankrupt
overnight. Government could not allow this. It had to avoid
a wipeout of the U.S. banking system, at all costs. Even if
that meant out-and-out fraud.
So
government forced the Financial Accounting Standards Board
(FASB) to break the most basic accounting rules. Quite
literally, to rig the books.
Thanks to
these new government-induced accounting rules, banks no
longer must value derivatives at their true market value.
Instead, banks can decide to value their derivatives at:
1. What
they paid for them (meaning no loss), or
2. What
they think they will be worth decades in the future.
Do you see?
With the stroke of a bureaucrat’s pen, banks turned massive
losses into incredible profits. They even recorded these
make-believe profits on their books!
This is
known as “mark to fantasy,” or “cash for trash” accounting.
No matter how much banks are losing, they can claim their
derivatives are break-even. In most cases, they can even say
they are making money.
Here's how
Britian's Financial Times describes the situation
The
Times said,
“FASB
ruled that banks that hold the toxic derivatives can now
ascribe their own price to them, and report those
self-assessed valuations in their financial statements.
Previously, they had to report the value of the assets
as the best price a buyer in the market was willing to
pay for them. Called ‘mark to market.’
“The key
proponents of the changes have, unsurprisingly, been the
banks themselves. Citigroup, Bank of America, and Wells
Fargo have been the loudest of the lobbiers. As a
result, they now stand to receive a surprise first
quarter earnings boost.
"Former
SEC Chairman Arthur Levitt told the Financial Times:
‘What disturbs me most about the FASB action is they
appear to be bowing to outrageous threats from members
of Congress who are beholden to corporate supporters.’
Levitt was one of those mainly responsible for the
introduction of mark-to-market accounting.
The FASB is
“easing” the Mark to Market rule. That lets all these
insolvent banks price their toxic assets at whatever price
they like.
Say a bank
buys an asset that cost $1 billion a few years ago. Due to
crashing real estate prices, the value of the asset is now
$100 million.
In
traditional fair value accounting, the bank should price
this asset at $100 million on its books. The bank has
suffered a $900 million loss. The balance sheet, profit and
loss statement must reflect it as such.
But not
anymore! Thanks to the U.S. government’s new accounting
rules, banks can price their toxic assets at whatever they
want.
Government
did this so the banks could look like they are strong and
healthy. When in fact they are dead broke. This trick fooled
more investors into buying shares of bank stock, raising
hundreds of billions in capital. It's government's
last-ditch effort to save the U.S. banking system from
wiping out.
Why this could
make you rich as Midas!
But as
convicted Ponzi scheme artist Bernie Madoff taught the
world, even the best financial scams eventually come
unraveled.
There comes
a time when all the creative accounting in the world can no
longer cover up a basic fact: that you can no longer pay
your bills. You are broke!
And herein
lies the greatest profit opportunity in a century. The
mega-banks and the financial conglomerates are
still
broke. In fact, they are more broke than ever. Only
government bailout money has kept their doors open.
Now the
bailout well is dry. There is no more money to give them.
The only choice left will be nationalization. Just like
General Motors.
You know
what just happened to GM. It has been nationalized. The U.S.
government now owns over 60% of the company.
Not long
ago, GM stock was worth over $100 a share. Now it is worth
nothing. The bondholders got wiped out too.
GM is about
to happen a hundred times over. Bank after bank is going to
be nationalized. So will America's biggest financial
companies. Their stocks, that have soared on lies, will soon
become worthless.
As the AP
just reported, the Obama Administration is already planning
for this...
“They
are the biggest of the big — the Citigroups, the Goldman
Sachses, the AIGs and other financial behemoths,”
reported the Associated Press. “The Obama administration
doesn't want so many around anymore.
“Under
the administration's proposal, companies such as Citi,
Goldman Sachs and others in a broad top tier would face
stricter scrutiny and have to hold more assets and more
cash as cushions against a downturn.
“They
also would have to anticipate their own demise, drafting
detailed descriptions of how they could be dismantled
quickly without causing damaging repercussions. Think of
it as planning
their own funerals — and burials.”
But guess
what? There is some very good news for you in all this.
This massive
government cover-up –- the cooked books, the rigged stock
market rally -- have created a once-in-a-lifetime
opportunity, for you and me to cash in.
Bank stocks
have soared 400% or more. They are going to crash. Real soon
now. Wall Street did us the greatest favor in the world, of
driving their prices up past the moon.
You might
think it is easy to get in on the bank wipeout. The truth is
there are only a few ways to do this.
New stock
exchange rules make it virtually impossible for individuals
to sell bank and financial company shares of stock. Wall
Street doesn't want you to do what Joe Kennedy did in 1929.
They don't want you to sell the market, right on the eve of
its biggest crash ever.
But there is
now a way you
can do this. One Wall Street insiders don’t want you to know
about.
I have
identified three trades in very special, little-known
instruments, that we have recommended to our premium pub
subscribers.
They allow
you to start with very small amounts of money... never risk
a dime more than your initial investment...and potentially
end up making a fortune.
Let me tell
you about them.
Million-Dollar
Reco #1:
Potentially make $15 for every $1 you invest --
when financial stocks take another nosedive
This
investment is screaming, ”Love me baby, all night long.”
Why? Because
it lets us get at the biggest, most overvalued financial
stocks in the world. Stocks like JP Morgan Chase...Wells
Fargo...BA...Goldman Sachs...Bank of New York...US
Bancorp...AmEX...and Travelers.
All zombie
banks and dead-broke financial institutions. All grossly,
ridiculously overvalued, because of the accounting fraud and
this put-up rally in stocks. You get a basket that contains
them all.
I don't
believe there is a chance in hell they can avoid a huge
crash. If I'm right, you could make a ton of money.
This trade
is what's called an “inverse.” That means it goes up as the
bank stocks go down.
When this
rally began, it traded at $250 a share. With the suckers'
rally, it has plunged to $18 a share.
I fully
expect it to go back to $250 again. Probably higher. I could
easily see it reaching $400 or $500 a share when the next
round of bank wipeouts hits.
Almost all
stocks in this investment are loaded to the gills with
derivatives time bombs. All you do is wait patiently for
their derivatives to blow up in their sleazy greedy faces.
While
fifteen for one profits are nothing to sneeze at, my next
reco is the one I personally like the most...
Million-Dollar
Reco #2:
You could make 80, 100 even 200 times your money
--
simply if the stock market goes back
to where it
was when the rally-back started
Yes, you
read that right. You have the possibility to make 100 times,
even 200 times your money. And with so little unmanageable
risk, it's laughable.
This trading
vehicle is a miracle of modern finance. You get the
leveraged profits once limited to futures and options -- but
without futures risk of any kind.
The
investment I’m talking about gives you TRIPLE leverage, on
the financial stocks in a particular market index. For every
$1 the index falls, you make $3.
It’s a pool
of trading instruments with over $1 billion in net assets.
That's a lot of money to do our dirty work for us.
Volume is
45,000,000 shares a day and more. Plenty of liquidity for
our purposes.
As I write
this, it's trading around $12 a share. Before the bear
market rally-back started, it was trading over $2000 a
share. I think it's a slam dunk to go back up to that price.
If the
market falls more this time -– as you and I know it will --
this baby will probably go a lot higher. Try $3000, even
$5000 or more is possible.
Look, Wall
Street is trying to sweep an elephant under the rug. In the
coming financial wipeout, that elephant should come crashing
out. It will knock down all the financial stocks.
Your upside
is $3000. Maybe much more. Your downside is at most $12. How
can you say no?
Risk twelve
bucks for the chance to make several thousand. And that's
merely if it goes where it was when the rally started. I
easily see it hitting $5000 a share or more.
You'd be out
of your mind to pass this up. Is there any doubt the banks
are broke and still hiding massive losses?
You know the
economic crisis has not ended. You know the worst is yet to
come. You know they've been scamming the markets and lying
to them.
Their books
are a work of fiction. Designed to hide their massive,
mounting losses.
I never say
a trade is a sure thing, because there is no such animal.
But this is as close as it gets on God's green earth.
I must
admit, it was hard for me to hold off so long on this trade.
Day after day I saw the price fall. I wanted to jump in. But
once again our patience has been rewarded.
It's been a
hell of a rally in the stock market. Now it's time for them
to pay the piper for the vast excesses.
I recommend
you take all the money you are willing to speculate in
stocks. Put 50% of that money into this one investment. I go
into a lot more specifics on the Insiders Website.
If I am
right, you could get rich on this one trade alone. The
market euphoria is our golden opportunity. Our chance to
stake out a fortune. If I am wrong, you are only out your
small initial investment.
Our third
reco is pretty wild, too:
Million dollar
Reco #3:
Make 43 times your money or more –-
if real
estate is not done falling
The next
shoe to drop in the unraveling economy will hit hard in the
next several months: the commercial real estate wipeout.
This is
going to be big. It will be the shot heard around the world.
Commercial
borrowers own apartment buildings, office buildings and
malls. At the height of real estate insanity, they went on a
building spree. All on leverage.
They
borrowed several trillion dollars to finance this
construction feeding frenzy. Malls sprouted like weeds after
a rain.
Soon they
must make ENORMOUS balloon payments on these loans. But they
don’t have the money. They are losing tenants left and
right.
Banks would
be crazy to give them more loans. They know they will never
get paid back.
Which means
there will be massive foreclosures on these properties. You
think valuations were crazy in housing? The commercial guys
also went gaga ape shit crazy.
The
depression has already hurt commercial borrowers. Retailers
are dying off. And broke retailers can't pay their rent.
Commercial
real estate will sell at deep discounts. That's if they are
lucky enough to find any buyers.
The
dead-broke zombie banks loaned a fortune in commercial real
estate. They are about to book even more staggering losses.
The good news
is that you could potentially make a not-so-small fortune --
in a trade that sells real estate company stocks.
Particularly commercial real estate.
The
investment I’m talking about gives you 2X leverage. As
commercial real estate companies wipe out, it goes up.
It’s been as
high as $300 and as low as $6.90. Now it's around $7 a
share. You're getting in at damn near the bottom.
This trading
vehicle has $1.25 billion invested in it. With volume of
over 25 million shares a day, it has great liquidity. It
trades on the New York Stock Exchange. Like our other
dead-broke bank wipeout trades.
The
potential to make money here is HUGE. I think it could
easily go to $300 a share, as the other shoe drops on
commercial real estate. If you get in now, you could make
over 40 times your money.
How you can make
these trades
You are
reading about the most powerful potential money-making
recommendations I have ever given. I sincerely believe you
could turn thousands into millions.
That does
not happen often. Like almost never.
With these
trades, you never face a margin call. There are no futures
or options. No time constraints. No expiration dates.
You simply
buy these babies, sit back, and wait for reality to return
to the markets. In my opinion, you won't have to wait long.
Then comes
the fun part. If we are right, you could cash in, and have
the biggest payday of your life.
Here's how
you can get in on this. Subscribe to my Wall Street Insiders
VIP service. I will instantly send you all the information
you need to get in on these specific trades. What to buy.
When, at which price.
And of
course, when to get out, to make the most profits.
The WSI is
the only market information service I know of designed to
reveal to average investors the
secret trading
opportunities known only to Wall Street insiders.
My goal is
reveal to the little guy how Wall Street and the big money
boys set up the “retail” public for a fleecing -– and to
teach ordinary investors how to use Wall Street’s own
trading secrets against them. These three trades are
great examples of that.
Of course,
my Wall Street Insiders isn’t for everyone. For one
thing, a one-year subscription is $5,000. No discounts.
I realize
that for many people today, that is a lot of money. But
these three trades alone could make you hundreds of times
that -- if and when we are right.
If you have
some speculative capital you can afford to risk -– say,
$10,000 to $20,000 -– then the Wall Street Insiders
could well
be one of the best investments you ever make. Truly.
The bottom
line is this: If I’m wrong, you’ll only lose at most your
initial investment. Not a penny more.
But if I’m
right... if the economy continues to sour and America’s
biggest banks crash again... you could make a fortune. Very,
very quickly. That money will help you live very well indeed
during the ongoing depression.
I believe
the next wipeout is just around the corner. Wall Street and
all the experts tell you they see green shoots. I see dark
storm clouds on the horizon. Pending doom for our soon-to-be
nationalized dead-broke banker buddies.
If you want
a realistic shot at making 50 to 100 times your money...and
only risking your initial investment, in the greatest risk
to reward I've ever seen...call me right away at
1-913-871-0701. Or
click on the order
button below.

But whatever you do,
don’t wait.
This opportunity will
not last
long.
Sincerely,
Nick
Nick Guarino
P.S.
Major league
conflict of interest: The law says I must report
conflicts to you in any investment we recommend. Well, let
me tell you. You can't get more conflicted than we are on
this one.
Everyone I
know and their dogs are itching to get in on these trades.
Me, my family, my associates, in fact everyone associated
with me is either making these trades... wants to make these
trades...or will make these trades, as soon as they can.
How can I
tell them no? They would be insane to pass up this
once-in-a-million opportunity. It's the best I have ever
seen. Bar none.
-------------EMERGENCY
SIGN-UP CERTIFICATE ---------------
Nick, I've
never heard you talk this way. I get it. This is the best
trade you have ever seen to make mega-bucks. Turning a
thousand into a hundred grand...or ten thousand into a
million... sounds good to me!
You could
knock me over with a feather. You've had some really great
trades. And you say this is the Mother Lode. The Big One.
The answer to my prayers and the solution to the crisis we
all face.
Coming from
you, that's saying something. I'll bite. Yes, I want in on
the best money-making trade you have ever seen. Sign me up
now for a year's subscription the Wall Street Insiders. I
immediately get all the details on these three trades. Plus
full information on all other markets you cover.
I'm ready. I
also understand how urgent the trade is. So you will provide
me with a user name and password at once.
Please rush
me initial trading instructions... access information to
your encrypted website... and sign me up for all email, SMS
and fax alerts. I've enclosed 5000 dollars for a one-year
subscription, or 7500 dollars for two years. If I don't
want to mess with a computer, I understand you will send me
the alerts via fax and send me CDs of the audio files by
mail.

To order by phone,
call toll-free 1-866-924-0607. (If you live outside of the
U.S., call 1-913-871-0701.)
For fastest
service, call toll-free 1-866-924-0607. (If you live outside
of the U.S., call 1-913-871-0701.) Operators are standing by
9 a.m. to 5 p.m. New York time.
**
Disclosure and Disclaimers: We have conflicts up the
wazoo to report on the markets we described here. I, my
associates, friends, relatives, and everyone I know is
either making these trades, or considering making them. The
profit potential is so great, they would be crazy not to.
Remember trading is always a risky business,
you can lose money,
never trade with money you can't afford to lose. To see a
copy of our complete disclosure and disclaimers, visit
http://www.wsifn.com/instantfree/disclaimers.asp
Wall Street
Insiders * Fax To Tel. 604-608-5496 *
Email:
wsifnsupport@gmail.com
Kottura LTD
3000 Des Laurentides Blvd, Suite 12-217, Laval, Qc H7K 3G5
Canada