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This is a FREAKING Disaster… And It’s Happening Right NOW!
A few weeks
ago I warned you that the US Dollar was about to collapse.
At that
time, many investors scoffed at the idea. After all, the Euro is in much worse
shape than the US Dollar, right?
Wrong.
As you can
see, the US Dollar has taken out its long-term mutli-year trendline. This is an
absolute freaking disaster. It is literally a chart version of “GAME OVER” for
the greenback.
Indeed, we
now have only two lines of support: 75 and 72, the 2009 and 2008 lows respectively.
The BIG
picture is even worse. The below monthly chart of the US Dollar going back 20
years shows a massive Head & Shoulders pattern. Once this pattern is
confirmed, we’re heading to 40 on the US Dollar index: a 50% DROP from current
levels.
If you haven’t
already taken steps to protect yourself from a US Dollar collapse, you need to
start RIGHT NOW. Both Gold and
Silver will perform well in the coming months. However, their performance will
pale compared to other, less well know inflation hedges.
Why?
Everyone
knows that Gold and Silver are the most obvious inflation hedges out there. And
to be blunt, anyone who invests in these two assets will likely do very well in
the coming months as inflation erupts in the US.
However, to
make truly ENORMOUS gains from inflation you need to find the investments
that are off the radar… investments that the rest of the investment world hasn't
discovered yet.
I'm talking
about investments that own assets of TREMENDOUS value that are currently priced
at absurdly low valuations: the sorts of assets that larger companies will pay
obscene premiums to acquire.
Look for the
hidden gems and you could make a fortune from this disaster.
Good
Investing!
Graham
Summers
PS. If
you’re getting worried about the future of the stock market and have yet to
take steps to prepare for the Second Round of the Financial Crisis… I highly
suggest you download my FREE Special Report specifying exactly how to prepare
for what’s to come.
I call it The Financial Crisis “Round Two” Survival
Kit. And its 17 pages contain a wealth of information about portfolio protection,
which investments to own and how to take out Catastrophe Insurance on the stock
market (this “insurance” paid out triple digit gains in the Autumn of 2008).
Again, this
is all 100% FREE. To pick up your copy today, got to http://www.gainspainscapital.com
and click on FREE REPORTS.
PPS. We ALSO
publish a FREE Special Report on Inflation detailing three investments that
have all already SOARED as a result of the Fed’s monetary policy.
You can
access this Report at the link above.
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That too ! clearly in focus in my rear view mirror; or maybe that's a police car; hold one on that.
charts for forex? re-tarded. no matter where the price goes, there will be a chart to explain how it should have been obvious that it would get there. hindsight is 20-20
exactly; if only we could drive with our rear view mirrors, we'd all be rich.
And even more important if we could predict the future and then act on that prediction that very action would make the prediction invalid.
This was a remarkably unthoughtful article.
First of all, a little perspective: the last time we had food price issues overseas leading to unrest and inflation scares at home, it was '07-'08 – which was while money velocity was actually dropping, and ended in few months of actual deflation.
Second, look at the guy's own chart. All the price issues and related unrest that supposedly mark "game over for the greenback" happened since October – during which (again, his own chart) the $US has been essentially flat . . . and notably Higher than it was at the end of '08.
I believe this sort of thinking ultimately stems from the (richly deserved) demonization of Bernanke. The trouble is, when we demonize someone, however much they deserve it, we tend to ignore their capacity for flexibility. Almost no one, least of all here on Zero Hedge, seems to acknowledge the possibility that Bernanke will blink. They would rather keep repeating poetic absolutes like "infinity", and analogies like "Zimbabwe".
But if the ChairCreature raises rates, and/or resigns and/or has a tragic sword cleaning accident, the "Last War" scenario this bunch is so invested in, will vanish like smoke. Gold would be cut in half, at least. And the equities market? Don't ask!
Been collectin' used chewin' gum from bus stops for nigh unto two decades now...I KNEW it would pay off eventually.
Ha--I've been collecting the single discarded shoes you see by the side of the road. Got quite the collection now. Gonna be rich! No telling what I can trade these for....
That was useful wasn't it?
sacred jumping speckled he goats of the negev? maybe varmint putang? maybe oct 50's on hl? i know; corner the waste vegetable oil market and sell bd100 to municipal transports and hedge with meat rendering plant stocks.
So...if my dollar is worth less does that make my fantasy March Madness bets pay less?
I'll open a generic beer and watch the nightly news until I hear back and make a decision.
Exocet missiles?
redback replaces greenback. im lovin it
"...off the radar..."
Mars farm land?
"Oh give me a home, where the buggalo roam..."
Dirt cheap used 50 y/o Civil Defense Geiger counters, out of date military rations, nitrogen sealed plastic tubs of grains and beans, rolls of wire screen, mosquito coils, 250 gallon rainwater collection barrels for $300 from Costco, single speed bike, K-bar knife on ebay. I could go on and on...
and baby wipes too.
...hand cream and porn, there will be a stable market of 13-25 year old men stampeding to your door my friend.
win...win...maybe..
Me and Hefner are rocking it old school with Vaseline and a hot shower.
Cases of Kamchatka vodka, cigarrettes (must...control...humidity and temperature), and old print porn that you don't need electricity for.
Vegetable oil is dual purpose - Doroty Stratten, then fried chicken.
chocolate kilos...
Starbucks and Netflix for the win. If only NWO were a stock..
How much did he have to pay for this ad?
I'm not convinced that chart analysis is meaningful when applied to the global reserve currency.
Oh, I see several trillion reasons why the dollar is heading down in a bad way, but I don't think the chart has any predictive value here.
XXX porn mags- the ultimate investment that pays off over and over and over again!!!! better written than this schmucks newsletters and far more enlightening - I dont just buy them for the pictures alone you know
you fukcing kidding me? there are so many unemployed sluts doing their own porn tube for free.
agreed, what needs to happen are good looking 40 year old women with large natural breasts to even out the industry. Good bless capitalism and tits....on redtube.com or wankspider.com
shit! 40-year-old? is that your kick?
/:
"/:" this is very interesting. I wanted to reply; backslash-semicolon; but then I realized I don't have a back slash key? did I get ripped off on this key board? why don't I have a back slash key? this and many other important questions will probably go un-answered.
It should be directly above the Enter key.
\;
(You're right, it does look like Charlie Sheen...)
\: I did it! and it was all due to you. It turns out if you clean off the coating of dirt on the funny shaped key above above "enter" it does make \ back slashes. Now, I'm empowered ! Tomorrow I'll be writting programs in Linux. Well, may be not tomorrow, exactly. but say, Orly if you want to talk to me just write to my e-mail at jaffleck@alohabroadband.com and I shoud get it alright and we can have a conversation about markets.. Let me know if that doesn't work; but it should. It's a strong local network with an IT professional and it has to have something in the message line; like "Euro Trade" or something that makes sense, or the dragon will just flame it. I don't get any spam normally. Let';s see what we can work up here; I 'm all for being semi-retired ! No, I don't want any money; this is a appeall for personal friendship. So, cheers, and send me a mail and we can chat.
Got it!
Haven't heard of Wankspider.com, CPL. I keep telling everybody: Go to ZH for all the straight dope and inside scoop! :)
There is so much porn made, that no one could ever watch it all. Here is a link to the worlds largest (free) collection of whatever you are into:
http://www.intporn.com/forums/xxx-full-movies/
"that no one could ever watch it all"
I accept your challenge!
Charlie?
You're a winner!
Funniest banter I think I ever witnessed in my life on the interwebs.
It is times likes this that reminds me why I read through pages of garbage comments.
And to get filthy rich, all you have to do is create a simple product that America needs. Brilliant!
Amerika needs sex, drugs and rock-n-rolls delivered through fucking iPad 2.0, man.
Shoot, Schiff was calling for 40 dollar index back in '08, right before rallied. If history is any guide, we're about to have a rally again...
schiff's big mistake was thinking that the fed would NEVER QE..! well they did QE and we rallied. now you are saying the dollar is going to rally in the face of QE2/3/x...? what part of 'driving off a cliff' did you not understand...hahaha!
I don't think that is how Schiff's prediction went wrong. He expects QE and hyperinflation and thinks they go hand in hand. I believe he thinks nobody will want U.S. debt, and that the Euro would do better than it has along with emerging market currencies/equities/bonds, giving many alternatives to the dollar. I think he expects more people to see through the debasement scam but he was wrong on timing - and time will tell if he was wrong on the collapse and hyperinflation.
Bernie will have to engineer a big drop first before everyone else OKs his perpectual QE program. Sell in May and Go Away?
The inflation trade and USD bear trade have gotten very crowded as we speak. It pays to be on the deflation and USD bull trade for now. If you really need a hedge, forget about metals. Because, ammo will do far better.
body armor & gas mask franchises
Does this mean that ZH readers are sheep to be herded around also?
What you don't know won't hurt you !
;-)
Buh bye, dollar. It's about time.
"However, to make truly ENORMOUS gains from inflation you need to find the investments that are off the radar…"
i am also investing in actual radar so i think i may be covered...
Seriously? Contributors can now just cut straight to their own infomercial?
barliman
Invest in web sites that promise suckers incredible profits if they will only pay for the investment information. That information is to create said web site.