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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