The Great Global Melt Up is Here…
The “Great Melt Up” is officially underway.
The simple fact is that the developed world is completely saturated in debt. In the U.S. alone there is $3.4 trillion in municipal debt, $14 trillion in corporate debt, $20 trillion in household debt, and $37 trillion in Federal debt outstanding.
We are focusing on the U.S. here, but this is a global issue. Japan, the UK and the EU all sport Debt to GDP ratios ~100% or more. All told there is over $300 trillion in debt sloshing around the global financial system.
There are three ways to deal with debt:
- Pay it off via growth.
- Default.
- Inflate is away.
History has been clear: central banks/ policymakers ALWAYS try to inflate it away first. When this fails, the default comes.
This process is already underway.
Globally central banks are devaluing their currencies at a rapid clip via a coordinated easing cycle. The European Central Bank (ECB) has already cut rates eight times… The Bank of England (BoE) has cut rates five times…The Swiss National Bank (SNB) has cut rates six times to ZERO. And the Fed is about to make its first rate cut in 2025.
As a result of this, risk assets are in what I call “the Great Melt Up” as capital flees cash to avoid the decline in purchasing power from currency devaluation.
This is staring us right in the face…
Stocks are at all-time highs. Home prices are at all-time highs. Bitcoin is at all-time highs. Gold is at all-time highs. This is the Everything Bubble I predicted in my 2017 best-selling book by the same name.
This is a CRITICAL time for investors… you NEED to ride this bull market for as long as possible to profit from this, because when this whole mess comes crashing down, the wealth destruction will be MASSIVE.
Again, the time to make money is NOW before the collapse begins. So, if you’re sitting on the sidelines, you need to take action!
I can show you how.
On that note, we just published a Special Investment Report concerning THREE investments poised to produce extraordinary gains during the Great Global Melt Up. And they’re already erupting higher!
Normally I’d charge $499 for this report as a standalone item, but we are making just 100 copies available to the public.
To grab one of the last remaining copies…
Best Regards
Graham Summers, MBA
Chief Market Strategist
Phoenix Capital Research