Will the $700 Billion U.S. Government Bail Out Work?
Don't be lulled into believing Wall Street and Washington have this financial crisis under control.
A melt down, a world-wide economic collapse may only be days, weeks away. Please take steps immediately to protect
yourself and your family.
How My Subscriber Racked up a 76%
Profit on Gold in Matter of Days!
(And, why this is just the begining)
Dear Friends,
It is often said that those who fail to pay attention to history are doomed to repeat its mistakes.
I wish I could be enthusiastic about the $700 bailout package being proposed but I just can't be. The fact is anyone with a fundamental
understanding of public sector economics will tell you this approach to solving the economic nightmare is dreaming.
About 20 years ago I read a very important book ..."Panic on Wall Street" by Robert Sobel which really explains why not only is the bailout
package is doomed to failure but why those openly scoffing at the notion of a crash like 1929 occurring in this day and age really shouldn't.
Robert Sobel's book "Panic on Wall Street" clearly shows that the danger is greater now than has ever been before - all one has to do is look at
the parallel between the events taking place now on Wall Street, and in Washington and those that took place 80 years ago to realize all these
emergency steps could STILL be leading us to the biggest economic collapse in history. This amazing book shows why...
- In 1929 as Wall Street nose-dived John D. Rockefeller stepped in to buy stock to support the market much in the same way Warren Buffet is
stepping in to buy shares in Goldman Sachs (GS) in a sweetheart deal.
- Then a group of large banks came together in 1929 to create an investment pool to support each other. That pool was $20-30 million just
like several banks did recently which created a pool of $70 billion dollars.
- Third, short selling was banned when things started to get really bad and that happened last week. It is time to wake up to reality and
protect your assets.
We're being told the financial system almost melted down - the reality may be nothing can stop the meltdown based on
the lessons of 1929.
You must take steps to protect yourself!
You buy insurance for your house, car and life. Do you buy insurance for your net worth, nest egg or portfolio? If not, then we have to ask
the question, “Why not?”
You see it is “crunch time” for the United States and its capital markets much less the markets of the rest of the world. There are two
minutes left in the game. The home team (the U.S. market) is down by 4 and if a touchdown is not scored the season is over. Is it that bad? No,
it is even worse.
Treasury Secretary Paulson and the billionaires backing this plan are trying to push through a bailout plan for the entire financial system
while the Politicians on both sides of the isle are piling on all sorts of spending and tax breaks that will eventually swell the cost of this
bail out to $1.3 to $1.8 Trillion. Paulson believes in this emergency we need an economic Czar, congress isn't going to play ball and while they
fiddle, our country remians in crisis.
While they fight, we are inching closer to a crisis that will make 9/11, the 1987 Stock Market Crash and the Crash of 1929 pale by comparison.
Why am I so negative?
Simple. First there were stocks and bonds. Next came along options and then futures. If Wall Street stopped there, then we would not be in the
current mess we are in. Instead, Wall Street went on to create derivatives that numbered in the hundreds. The most toxic are Credit Default Swaps
(CDS). This instrument is pretty simple and may be the next shoe to drop.
Here's how CDS work: A buyer pays money to insure that in the event of a default the buyer would be protected by a seller who took in the
premium and invested the returns. The problem is that the biggest seller in this game, AIG, has become insolvent and they could not make good on
their obligations as Lehman, Fannie Mae and Freddie Mac failed in a matter of weeks. The size of this liability is many times the $70 Billion
pledged to AIG by the U.S. Government. In fact, the risk could be many multiples of the $70 Billion.
This is too dangerous of a situation to ignore. Literally, you could wake up one morning in the very near future to the news that a Domino
Collapse over night has shut down the world's banks, brokerage firms, credit card companies and financial markets. The Dow, now trading at over
10,800, when trading opens again could very well open at 7,000 and slide down another 2,000 points as investors try to salvage some liquidity.
People who are not prepared will be destitute and those who are prepared and know what to buy in the wake of the financial tsunami will be the
next crop of multi-millionaires and billionaires. I'm hoping to guide you through any such situation, but FIRST you have to take immediate steps
to protect your wealth.
My subscribers to the Gold & Energy Options Trader just took a 76% profit on a gold options recommendation I made a few
short days ago!
This amazing 76% profit came in a matter of days and is just the begining of a series of trade recommendations in my Gold & Energy Options Trader that are designed to dramatically leverage a meltdown of the U.S.
Stock Market and the coming price boom in Gold.
These options are using the leverage and power of index options. I'm calling it a sort of insurance policy against an economic collpase. It
should really be called a survival hedge.
This recommendation is only available through my Gold & Energy Options Trader service.
My $99 monthly offer is still valid and will remain valid. In this crisis, I want to make sure everyone who wants my guidance has it and can
afford it. If the nightmare collapse occurs, following this and other recommendations I make may be the difference between selling apples on a
corner or surviving and prospering the next 10+ years.
Subscribing to the Gold & Energy Options Trader for just $99 a month could very well be one of the smartest things you
ever do!
We've racked up a net profit of 194% since inception and just grabbed a 64% gain this past week. Those who jumped on our gold recommendations
the past few weeks are sitting pretty. (Consider the poor folks who have lost almost everything they had invested in Lehman Brothers.)
In addition to these Index Options we are recommending, I am also continuing to make some long term gold options recommendations designed to
make the most of the big moves in gold that I see ahead.
A move to $5,000 could come suddenly and therefore, I want to layer in longer term options recommendations that will give you explosive upside
leverage that only makes sense with gold. Yes, I'm hoping my subscribers will profit from this amazing options service, but the fact is I'll be
happy if it just makes survival of the crisis possible for you. Before this is over, surviving might be as -- if not more important -- as
profiting. Options allow you to risk little with big upside leverage.
To subscribe for $99 a month, just click the hyperlinks above or just below...
Subscribe to the Gold & Energy Options Trader
Finally, I must repeat...
Over the past several years I have been recommending, in face BEGGING subscribers like you to add PHYSCICAL gold, platinum and silver to your
portfolios. In the past I've recommended 15% of your savings. This should now be increased to 30% of your savings in this crisis.
This crisis could blow up at any moment and create a wave of inflationary pressures that literally wipes out the value of the U.S. Dollar and
virtually all paper money.
If you're not holding gold and precious metals, your very economic survival is at stake: REGARDLESS OF WHAT THE POLITICIANS PROMISE!
Best Wishes,
James Di Georgia
Gold & Energy Options Trader
Gold & Energy Options Trader
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