|
Larry here with a heads-up on an imminent event that’s about to rock global markets and could change history forever.
Right now, gold is quickly closing in on the $1,400-per-ounce level … getting ready to explode to the $1,500 level … and on a beeline for our medium-term target of $2,000 per ounce.
Commodities are rip-roaring higher at an even faster pace.
Nearly every alternative to fiat money we’ve been recommending is going through the roof.
But the truly BIG event I want to warn you about right now is none of the above. It’s the fact that …
The once-mighty U.S. dollar — the reserve currency of the entire world and the global standard of value for nearly a century — is sitting at a fatal tipping point of unprecedented importance.
Look how much the dollar has already fallen in this decade. And look how close it is to another major collapse of similar — or even greater — dimensions!
Mark my words: If the U.S. Dollar Index falls through the double lows it made in recent years near the 77 level … watch out below! There’s absolutely NOTHING in the charts — and NO ONE in power — that can stop it from a free-fall.
Already, early this morning, while most U.S. investors and traders were sleeping …
— Beijing drove the yuan up to record highs by dumping dollars. This is what American authorities asked for, and now they’re getting it! But as we’ve been warning all along, with the rising yuan they’re also getting something they had not reckoned with — a major acceleration in the dollar’s global collapse.
— Singapore’s central bank also dumped U.S. dollars to help defend its economy against the inflationary impact of a collapsing greenback.
— Other major countries are contemplating similar moves.
Meanwhile …
— The Australian dollar hit a new 28-year high against the dollar!
— The Thai baht has now moved to a fresh new 13-year high against the dollar!
In all my years, I have never seen so many savvy investors … so many big hedge funds … and now so many governments — running so fast from the U.S. dollar.
But it’s hardly surprising when you consider the monster they see — the still-sinking U.S. economy … the unprecedented Fed promise to run the money printing presses … and the great uncertainties of the upcoming U.S. elections.
And, it’s hardly surprising that savvy investors are buying a host of assets that almost invariably go up when the greenback goes down:
- Gold bullion, gold ETFs, other precious metals and mining shares
- Commodity-based currencies like the Australian dollar, Brazilian real and Canadian dollar
- Higher-yielding bonds and bank CDs in emerging market countries
- Plus select shares in key global sectors
Where Martin’s Investing $1,000,000 Right Now
|
To show you EXACTLY how to turn these powerful trends into powerful profit opportunities, Weiss Research Chairman Martin Weiss has put up $1,000,000 of his own money in an actual brokerage account.
He has hand-picked hedge fund veteran Monty Agarwal to call the shots. And now they’re getting ready to add significantly to their positions in these markets.
Best wishes,
Larry
