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I’m getting ready to put my $1,000,000 portfolio into a series of new investments, using an approach that could have generated a 2,478% total return in all types of market environments.
The reason timing is so critical is because of TWO game-changing events coming within the next two weeks — not only the elections but also a landmark Fed decision coming on the day after elections.
Plus, there’s a THIRD decision being debated right now in Gyeongju, South Korea: The G-20 countries are desperately trying to end the most frightening new phenomenon of our times — CURRENCY WARS!
According to Larry Edelson, one of the first to predict the currency wars …
No guns are fired, and no enemies are killed. Instead, each country tries to outdo the other with bigger and bigger money printing or devaluations.
But a failure of the peace talks in South Korea this weekend could be almost as impactful on the world economy as the peace talks that failed to stop two world wars in the last century.
What’s the biggest weapon of
mass destruction in this war?
The answer should be obvious: It’s the Fed’s high-powered money printing presses that can create hundreds of billions in new paper dollars with just a few clicks of a mouse. Moreover …
Bernanke & Company say they’re probably going to deploy this weapon in less than two weeks. And, at the same time, U.S. officials in South Korea are pushing hard for a truce!?
That blatant contradiction is not going to get much sympathy from the other G-20 countries.
Yes, you may see some rhetoric that hints at currency cooperation among the G-20 nations. And sure, Treasury Secretary Geithner may even claim that the U.S. has “no plans to devalue its currency.”
Don’t believe a word of it!
The officials at this weekend’s meeting will pose for group photos … head back home … and probably go back to doing what they’ve been doing all along — take major measures to DEVALUE or hold down their currencies!
Our view: The sweeping changes coming to Washington will be used as another major opportunity for the Federal Reserve and its Chairman to grab more power away from Congress and the President … and USE that power to ACCELERATE the devaluation of the U.S. dollar.
I categorically deplore that policy. It’s ultimately unfair to our children or grandchildren and IMMEDIATELY unfair to seniors right now.
But the dollar decline is also the engine that creates a whole series of unprecedented profit opportunity in a host of assets that soar when the dollar plunges.
Good luck and God bless!
Martin
