BIG PICTURE: The cat is out of the bag! Wall Street has now become the official graveyard for some of the world’s largest financial institutions.
Unless you have been sleeping under a tree over the past month, I am sure you have heard about the demise of the five largest investment banks:
Bear Stearns, Lehman Brothers, Merrill Lynch, Goldman and Morgan Stanley
The immense scale of the carnage has been impressive so far but what is more astonishing is the mind-numbing intervention by the US establishment. Over the past month alone, thanks to the bail-out of Fannie Mae and Freddie Mac, the US has more than doubled its national debt. Moreover, the ‘Troubled Assets Relief Program’ (TARP) would have further increased America’s debt to US$11.3 trillion. And as if this level of indebtedness was not enough, Mr. Paulson has also agreed to insure money-market funds.
Let there be no mistake; the US has now transformed itself into a great socialist society by using taxpayers’ money to buy-out private companies. In my view, this ridiculous measure is a slap in the face of capitalism and will further promote reckless and dubious practices. Essentially, by bailing out the behemoths (Fannie Mae, Freddie Mac and AIG) and allowing the smaller fish (Lehman Brothers) to fail, the US establishment is sending out the following message:
——————————————————————————–
——————————————————————————–
——————————————————————————–
Allow me to be the very first to welcome you to the Gryphon VIP Inner Circle!
By entering the Inner Circle you’ve just become a part of something big…Very big.
Bigger than just a financial advisory or an investment alert… than any newsletter or trading service… You hear what we hear exactly when we hear it…
You see, it’s really much more than all of those things combined. Let me explain…
Stepping into the Inner Circle won’t just change the way you invest. It will change your life in much greater ways that reach far beyond just Wall Street and your investment portfolio. Understand one thing making money is easy making a difference is where we come in, talking about true wealth enough money that the next 100 generations to carry your name couldn’t spend it, you follow me?
That may sound like exaggeration, but believe me when you realize what being a member of the Inner Circle really brings you, you will see that none of these things are outside the realm of possibility.
The Gryphon VIP Inner Circle is the famed club for savvy investors looking to pull every last dollar they can out of the market before the mainstream media sinks their claws in and runs up the prices on ordinary buyers and sellers. Inside the Inner Circle lives a team of over 10 of the greatest traders ever to come to Wall Street, 3 with billion dollar net worth’s the remaining on their tails. Experts in every field, from technology to energy… retail to news trading… commodities to real estate… every corner of the market is covered by our staff.
READ ON….
——————————————————————————–
——————————————————————————–
——————————————————————————–
“If you want government protection, please become too big to fail. If your demise threatens our entire financial system, we will help you. Otherwise, we will let you fail”!
There can be no doubt that this policy of ‘selective socialism’ is totally insane for several reasons. First and foremost, who has given these officials the power to decide which company is worth saving and which one is insignificant enough to fail? Next, what kind of message are they giving to the remaining banks – please merge quickly and grow in size or else you will be allowed to fail? Furthermore, America already has a horrendous debt problem (debt to GDP ratio in excess of 400%) so who has given the US Treasury the authority to take on more debt? Finally, who is going to pay for these trillions of dollars of bail-outs?
Although these bail-outs may offer short-term respite, I am of the opinion that the recent antics of the US establishment will make matters much worse over the medium to long-term. History has shown time and time again that no nation has ever printed its way to prosperity. In fact, all the nations which resorted to money-printing in the past, ultimately saw a total economic collapse. Furthermore, the middle-class and the impoverished people in those countries got totally wiped out due to runaway inflation. And apart from a handful of rich people who were able to ride the inflationary wave, everyone else suffered a great deal. I wish I could come up with more cheerful news but I am afraid the same economic outcome is likely in the US. If the clowns in Washington continue with their senseless inflation agenda by adding more monetary fuel to an already raging fire, I suspect we will see a massive deterioration in the American way of life.
Now, I am aware that the majority of commentators and pundits are applauding the recent bail-outs. According to these folks, the bail-outs were necessary to prevent an outright collapse of the financial system and the government intervention also helped to restore calm in the financial markets.
For sure, the recent nationalisation of assets may have helped the markets in the near-term, however I fail to see how it can be good for the global economy over the long-term. Remember, it was the same reckless money-printin
g in the aftermath of the NASDAQ bust which caused this massive financial crisis and now the US establishment is throwing more money into the system! In the short-term, this injection of liquidity may act like a shot of heroin for the desperate drug addict but in the longer-term, this dosage of monetary poison will end up killing this terminally-ill patient! After all, how can these bail-outs be good when they will further destroy the purchasing power of the US Dollar? How can these measures be hailed by the investment community when they will cause food and energy prices to sky-rocket in the years ahead? How can more monetary inflation be good if it punishes savers at the expense of debtors?
Make no mistake, this reckless monetary inflation will eventually cause the US Dollar to become worthless and America may have no option but to issue a new dollar bill (Figure 1). And if other nations also embark on this inflationary road to nowhere, we will see a terrible hyper-inflationary depression with currencies plummeting against tangible assets.
——————————————————————————–
——————————————————————————–
——————————————————————————–
The most profitable single trade of all time revealed for the
first time to the first 100 to subscribe!
FACT: 99% of investors do not have a clue how to trade the markets. They ride the crashing wave of buying the highs and selling the lows. Only the strong and truly savvy are able to will and manipulate their trades and continue to profit from Wall Street.
For the very first time, we’re revealing a secret strategy to the first 100 subscribers. This bear market strategy is so powerful, government politicians have been trying to outlaw it for years!
This controversial and secretly held technique has made a small select few billionaires. One in particular is our head trader, and owner of Gryphon Hedge Fund – Kenneth Maseka, who in one day alone destroyed a particular company and packed more than $190 million inside a 24 hour stretch!
As we write this report, we should firmly say that this may be the only way to realize triple digit gains over the upcoming year. And for the first time in the history of the company, we are letting 100 investors into our secret and private group.
For over 100 years, this ruthless group has used this secret strategy to make BILLIONS. Over the last century, this private group of “THE TEN”… 10 traders working in unison since 1991, these quiet stock market masters have used this one simple technique to turn wounded weak stocks into BILLIONS.
But, remember of all God’s creatures, the wolf has the greatest instinct to pray on the weak and will only let others in to their pack on the unanimous vote – you must be hand selected by “THE TEN” to even be considered for this private service. Typically reserved only to the qualified investor.
Courtesy: Hank & Ben’s Money Printing Corporation
Despite the horrendous economic environment we find ourselves in, it is fascinating to observe the sheer denial amongst the investment community. Most fund managers, economists and analysts still want the public to believe that the US is not in a recession and that its housing situation is about to improve! Nothing could be further from the truth! How can the US not be in a recession when entire industries have been wiped out? Next time when somebody tells you that the US economy is stronger than you might think, please ask them which industry or group of industries are growing? As far as I am aware, investment banks, automobiles, homebuilders, consumer discretionary and mortgage related businesses are all facing a severe slump. Yet, Mr. Bush and his comrades have no problem in citing the strength of the American economy.
In summary, I maintain my view that the current crisis is far from over and I suggest that you stay well clear of the financial sector. Although, the financial companies may seem cheap due to the recent declines, I can assure you that they could get a whole lot cheaper. The truth is that nobody knows what is on and off the balance sheets of these institutions and at the very best, we may see a lengthy period of consolidation before we get a sustainable recovery in financial stocks.
As far as the broad market is concerned, I suspect the stock market is extremely oversold at the current levels and we may get a technical rally over the coming weeks. Unfortunately, our fundamentally superior resources stocks got sold off in the recent stock-market rout and this may be the best opportunity you will ever get to buy solid, viable companies at such fire-sale prices. So, if you have not done so already, I suggest that you invest your capital in energy, food and metals as these assets are likely to move higher when the newly created ‘money’ seeps through the system.
——————————————————————————–
——————————————————————————–
——————————————————————————–
If you had just one opportunity to seize everything you’ve ever wanted… by investing in one newsletter… Would you know which one?
Guess What? You better because ONE SHOT may be all you get!!
Have you ever noticed that everyone on TV, to guy on the next bar stool claims they know the next big STOCK investment? Even if that guy is BUFFET- he’d still be wrong. Want to know why? Because there is no one who can pick stocks 100% correctly—That’s why!
Every minute an investment is not in your portfolio is a minute it is not producing profits for you. The key to picking the most profitable positions is to follow a time-tested, well informed, qualified staff of traders and follow them.
“Your buying begins with the greatest advice…plain and simple…” J.Grecco
We make you MONEY!
It’s simple math. You lose 10 to 100 times the cost of a position in the time you spend researching positions, newsletters and services. Get the advice and positions you need to create the wealth you desire.
PENNY STOCKS FOR THE SERIOUS SMALL-CAP INVESTOR
By the time everyone else catches on, You’ve already made your fortune!
Canada’s Public Infrastructure isn’t as nearly bad or as costly as the U.S’s, however with far less in population and industry doesn’t mean the investment opportunities are far less, in fact they may be greater. Here’s why…
READ ON….
If you would like to learn more about us and the services we offer, then please visit
www.sterlingcreations.caIf you would like to keep abreast of some of the most important happenings affecting your lives today, then please visit
www.untappedwealth.com/
businessdesk.html. There you will get the latest news roundups on such topics as:
Stress, anxiety, and depression. News for retirees, seniors, and aging baby boomers. Security tips for home computer users. Home business opportunities, Internet business opportunities, small business opportunities, business opportunities in Asia. You will also learn how to obtain tremendous personal and financial satisfaction by selling your knowledge and experience.
]]>
Related
