I've been hearing a lot about the economy heading for another Bear Market and possibly worst this year. What are others hearing and giving the length of your investment tenure and experience, what do you think may occur? Here is an excerpt from an investment newsletter .... and yes they are trying to sell me on attending a webinar where "they will reveal all for surviving". I'm not so green as to fall for it, but am interested in general opinion and observation on the investment market short, medium and long term.
snip
"An out-of-control trade deficit... record-high oil prices... violent swings in gold... rampant inflation fears... rising interest rates...
Think I'm talking about today's market? Think again! I'm actually looking at historical data from one of Wall Street's worst debacles since the Great Depression. A time of anxiety... confusion... fear...
And for a small group of investors, a time of unprecedented profit opportunities.
Now all the signs say it's about to happen again. And if you're prepared, you could rack up a fortune in the months and years ahead. Imagine weathering the worst the market throws at you - and emerging wealthier than you ever thought possible.
Hi, this is Addison Wiggin, editor of The Daily Reckoning and author of the best-selling books Empire of Debt, Financial Reckoning Day and The Demise of the Dollar. I'm also the publisher of Agora Financial, working with some of the top market analysts today.
As you might imagine, we spend all our time studying and analyzing the world economy, and I can tell you - we haven't seen anything as bad as what we see coming.
But we also know that this looming crisis can actually mean incredible windfall profits for you.
In a moment, I'll show you how you can make it happen... using the knowledge, strategies and recommendations from 10 of the world's premier experts. Usually you'd have to empty your bank account and travel halfway around the world for in-depth advice like this. But today, you can learn it all from the privacy of your home... and for less than the price of a good meal.
I'll give you all the details in a second. First, however, let's take a look at what you're up against...
You're Facing Some Powerful Profit-Robbers
There's no question the market has been acting pretty crazy. In just the past six months alone:
- Gold prices have become a roller coaster - swinging from as low as $524 to
as high as $725. Prices are now jumping and falling every few days
- Oil prices have continued to skyrocket to all-time highs - up nearly $10 a
barrel since the year began
- Interest rates are on the rise, threatening to pop the U.S. housing
bubble
- And the dollar has fallen in almost a straight line since March - barely
above its all-time lows.
And that's not to mention the longer-term trends still in play, like the $804 billion trade deficit... the negative savings rate... even the booming emerging markets in China and India.
The stock market is finally starting to feel the pressure. After topping 11,600 points in May, the Dow plunged below 11,000 in early June. The Nasdaq and the S&P 500 are down even more sharply for the year.
But get ready - because it's about to get much, much worse. In fact, the way I see it, we're heading toward the same kind of crisis that nearly destroyed the markets in the late 1970s.
Let me refresh your memory a bit...
Get Ready for the Return of an Investment Killer
As President Jimmy Carter entered the White House, the American economy was in trouble. Years of low interest rates had expanded U.S. credit to an extreme level. The country was still in the grip of an oil crisis - with consumers paying over three times more for oil than they had just a few years before. America's trade surplus had just become a giant deficit - at an all-time high of $14 billion. And the U.S. dollar was in a virtual free fall.
The result was a rapid increase in prices that didn't add to anyone's wealth - a toxic convergence of inflation and economic stagnation called stagflation. And it turned the U.S. market on its head. The stock market plunged, followed by a plunge in bond prices as the Fed desperately raised interest rates to fight the danger.
It took over four years for America to dig itself out of the ditch. But it wasn't bad for everyone. Oil investors, of course, enjoyed a field day. Gold investors cashed in, too, as the yellow metal began its historic march from $180 an ounce to $800. And there were even pockets of prosperity to be found on Wall Street - solid businesses and little-known companies that were well positioned to ride the storm. Investors who knew where to look had a chance to cash in big.
Now, nearly three decades later, it looks like stagflation is about to raise its ugly head again. That's why I've assembled an emergency session of our 10 most gifted Wall Street analysts, traders and visionaries. And they want share with you their vital advice and recommendations for the remainder of the year in a revolutionary new format. "
snip
Thanks
Rosalita
snip
"An out-of-control trade deficit... record-high oil prices... violent swings in gold... rampant inflation fears... rising interest rates...
Think I'm talking about today's market? Think again! I'm actually looking at historical data from one of Wall Street's worst debacles since the Great Depression. A time of anxiety... confusion... fear...
And for a small group of investors, a time of unprecedented profit opportunities.
Now all the signs say it's about to happen again. And if you're prepared, you could rack up a fortune in the months and years ahead. Imagine weathering the worst the market throws at you - and emerging wealthier than you ever thought possible.
Hi, this is Addison Wiggin, editor of The Daily Reckoning and author of the best-selling books Empire of Debt, Financial Reckoning Day and The Demise of the Dollar. I'm also the publisher of Agora Financial, working with some of the top market analysts today.
As you might imagine, we spend all our time studying and analyzing the world economy, and I can tell you - we haven't seen anything as bad as what we see coming.
But we also know that this looming crisis can actually mean incredible windfall profits for you.
In a moment, I'll show you how you can make it happen... using the knowledge, strategies and recommendations from 10 of the world's premier experts. Usually you'd have to empty your bank account and travel halfway around the world for in-depth advice like this. But today, you can learn it all from the privacy of your home... and for less than the price of a good meal.
I'll give you all the details in a second. First, however, let's take a look at what you're up against...
You're Facing Some Powerful Profit-Robbers
There's no question the market has been acting pretty crazy. In just the past six months alone:
- Gold prices have become a roller coaster - swinging from as low as $524 to
as high as $725. Prices are now jumping and falling every few days
- Oil prices have continued to skyrocket to all-time highs - up nearly $10 a
barrel since the year began
- Interest rates are on the rise, threatening to pop the U.S. housing
bubble
- And the dollar has fallen in almost a straight line since March - barely
above its all-time lows.
And that's not to mention the longer-term trends still in play, like the $804 billion trade deficit... the negative savings rate... even the booming emerging markets in China and India.
The stock market is finally starting to feel the pressure. After topping 11,600 points in May, the Dow plunged below 11,000 in early June. The Nasdaq and the S&P 500 are down even more sharply for the year.
But get ready - because it's about to get much, much worse. In fact, the way I see it, we're heading toward the same kind of crisis that nearly destroyed the markets in the late 1970s.
Let me refresh your memory a bit...
Get Ready for the Return of an Investment Killer
As President Jimmy Carter entered the White House, the American economy was in trouble. Years of low interest rates had expanded U.S. credit to an extreme level. The country was still in the grip of an oil crisis - with consumers paying over three times more for oil than they had just a few years before. America's trade surplus had just become a giant deficit - at an all-time high of $14 billion. And the U.S. dollar was in a virtual free fall.
The result was a rapid increase in prices that didn't add to anyone's wealth - a toxic convergence of inflation and economic stagnation called stagflation. And it turned the U.S. market on its head. The stock market plunged, followed by a plunge in bond prices as the Fed desperately raised interest rates to fight the danger.
It took over four years for America to dig itself out of the ditch. But it wasn't bad for everyone. Oil investors, of course, enjoyed a field day. Gold investors cashed in, too, as the yellow metal began its historic march from $180 an ounce to $800. And there were even pockets of prosperity to be found on Wall Street - solid businesses and little-known companies that were well positioned to ride the storm. Investors who knew where to look had a chance to cash in big.
Now, nearly three decades later, it looks like stagflation is about to raise its ugly head again. That's why I've assembled an emergency session of our 10 most gifted Wall Street analysts, traders and visionaries. And they want share with you their vital advice and recommendations for the remainder of the year in a revolutionary new format. "
snip
Thanks
Rosalita
