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The end is nigh!
The end of the era when governments could borrow with impunity and spend with wild abandon.
The end of ultra-low (even below-zero) interest rates.
The end of multitrillion-dollar waves of global money printing.
The beginning of chaos.
This is not just a forecast for the future.
It’s also a clear-eyed observation of the present …
As we’ve warned, the first symptoms of this watershed moment in history are beginning precisely where logic would dictate: In the market for the bonds of major sovereign nations.
In Germany — the core of the eurozone economy — 10-year bond yields have soared to positive-44 points (0.44%) from negative-19 (0.19%).
In Spain, 10-year interest rates have spiked more than 30 points in just the last few weeks.
In Japan, the yield on the benchmark 30-year government bond has risen more than 17-fold.
Worst of all: The cost of insuring against an actual sovereign debt DEFAULT in Japan is spiking! It just surged 60% in a few weeks — to a 15-month high!
This troubling action is precisely what we saw very early on in the Greek debt crisis a few years ago.
What’s going on? Simple:
Savvy investors are beginning to catch on.
They know that the U.S. Federal Reserve is already starting to backtrack from years of massive money printing.
They know that the Fed has just launched a program to actually SHRINK its balance sheet (by SELLING Treasury bonds) at a pace of around $10 billion per month.
They know the Fed will step UP that pace of selling FIVE-FOLD, to $50 billion per month.
They know the European Central Bank is about to announce its own bond-selling program at its October 26 policy meeting.
And they know that Japan’s debt situation is absolutely out of control!
The Great Convergence
This is the great convergence of cycles we warned you about.
We said it would happen in October, and here we are.
We said D-Day would be October 31, and it will be.
We said it would first be showing up in foreign bond markets, and it is.
We told you about the four separate fortunes you could build in this new era, and we’ve already started on the first.
But now time is running out for you to act …
You’ve already missed three opportunities – investments we’ve recommended that are already up 31.9%, 75.5% and 90.3%. (No worries! There are many more profit opportunities like these in the pipeline!)
We are already just 21 days from the Great Convergence. (That gives you some time to prepare, but not much.)
And today is already the LAST day you can claim your savings of $10,254!
Go here for our new report with all the details.
Go here to claim your discount and sign up if you so decide.
Good luck and God bless!
Martin D. Weiss, Ph.D.
with Sean Brodrick
Dr. Weiss founded Weiss Research in 1971 and has dedicated his entire career to helping millions of average investors find truly safe havens and investments. He is Chairman of the Weiss Group, which includes Weiss Research and Weiss Ratings, the nation’s leading independent rating agency accepting no fees from rated companies. His last three books have all been New York Times Bestsellers and his most recent title is The Ultimate Money Guide for Bubbles, Busts, Recession and Depression.
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Dr. Weiss, your latest post reminds me of an old New Yorker cartoon. It shows a man standing outside a midtown skyscraper, dressed in rags, with a scraggly beard and a wild look in his eyes, holding up a placard reading “The End in Nigh!” At the same time, two well-turned-out businessmen wearing conservative suits and carrying briefcases are exiting the building. One points to the “prophet,” turns to his colleague and says, “You know, I used to think he was a nut!”
It is ironic that Dr. Weiss has for many years assailed the Fed for “printing money” by purchasing U.S. Treasuries, but now predicts that the slow unwinding of the Fed’s position during a period of economic growth is an omen of D-Day. The poor Fed can do no right in the eyes of a perma-bear.