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If last week proved anything, it’s that the stock market is on a hair trigger.
It bobbed; it weaved; it did the rope-a-dope — crashing 600 points one day only to soar more than 400 points the next, only to crash and rise again.
Even for those of us who have little invested in stocks, it was hard to watch. A sad spectacle akin to a once-proud, but now punch-drunk, fighter struggling to stay on his feet.
In the end, of course, not much has changed.
Europe is still a mess. The PIIGS nations — Portugal, Ireland, Italy, Greece and Spain — are closer to collapse than ever. The European banks that loaned them money are, too. And if they fail, it’s likely they’ll take the entire European Union down with them.
Although this great government debt crisis is not quite as advanced in the United States, our economy is also a disaster zone. Just like the PIIGS, America is drowning in debt. Our economy is slowing. Consumer spending is waning. Unemployment is sky-high. Government revenues are shrinking. And government debt is still piling up at a near-record pace.
But recently, it became clear that Uncle Sam is in even worse shape than many European nations. Because several days ago, Standard & Poor’s downgraded U.S. debt for the first time in history.
Worse: As was just demonstrated in the great debate over the debt ceiling, our leaders seem far too busy quibbling, finger-pointing and jockeying for political advantage to even give a passing thought to how they might save us from the financial nightmare that Europe is living through.
As a result, our own banks are taking a drubbing. The average U.S. bank stock is now down 30% in 2011. Bank of America lost nearly that much on Monday — and then again on Wednesday.
And just as I’ve been predicting, gold — the world’s ultimate safe haven investment — has shot the moon; hitting $1,808 in the past few days.
This is PRECISELY what
I’ve been trying to prepare you for …
This is EXACTLY what I told you would happen in my special video series last month. And these are EXACTLY the developments I’ve been trying to help you profit from in my Master Trader service!
And sure enough — we’ve only been trading for a few weeks and I’ve already been able to instruct members to take profits (before commissions):
A 69.6% gain on the first half of our bet on falling bank stocks, and …
Plus …
Naturally past performance is no indication of the future, but I believe the best part is, we’ve only just begun with Master Trader!
I created my eye-opening video on this crisis with one mission in mind: To help you profit handsomely — whether you choose to join me in Master Trader or not!
I show you how to profit from this great debt disaster.
I name the investments I expect to soar in the weeks ahead.
And I also give you the details on how you can grab big savings on a membership in my Master Trader service.
Just click this link and my new video will begin playing immediately.
Best wishes,
Kevin Kerr
