Saturday, November 2, 2013
"When you size up our currency, the big picture is – well, horrible."
In his latest issue of True Wealth, Steve Sjuggerud showed readers how hard it is to hold dollars these days...
The total amount of money in circulation rose by $3 trillion in the first nine months of 2013. Total global money supply is at more than $66 trillion and growing at an annualized rate of 6%-plus. It's the largest amount of money in history.
With that much money sloshing around, it's natural for asset prices to rise. That's exactly what Steve Sjuggerud predicted would happen with his Bernanke Asset Bubble thesis – that asset prices around the world would soar as global central banks printed more and more money.
In addition to global stock markets, the Bernanke Asset Bubble is also driving real estate prices higher – again, just as Steve predicted.
According to the latest data from the S&P Case-Shiller housing index, home prices in 20 U.S. cities rose 12.8% from August 2012 to August 2013 – the biggest jump since February 2006. Analysts forecast a 12.3% increase.
As of August, the 20-city index is up 22.7% from its March 2012 low. U.S. home prices are back to mid-2004 levels.
The same trends that are driving asset prices higher are also driving us toward what Porter calls the "End of America" – when the dollar loses its status as the world's reserve currency.
And one of Porter's top recommendations is to move some cash beyond the U.S. government's reach...
If you're looking for a place outside of the U.S. dollar to hold cash, Steve just shared an interesting idea...
Steve wrote his PhD dissertation on how currencies move... He can boil down the most important idea in one sentence: Money flows where it's treated best.
And according to Steve, the U.S. dollar is not treating money well these days...
Steve's answer might surprise you: It's the Chinese renminbi.
In short, Steve says, "China's currency is deeply undervalued. It would have to roughly double just to get to fair value with the rest of the world." It's also paying interest, unlike the U.S. dollar.
Steve found a safe way to buy the renminbi, collect 2.6%-3.3% a year, and benefit as the Chinese currency appreciates against the dollar.
Out of fairness to Steve's True Wealth subscribers, we can't say much more about exactly how his subscribers are able to own the renminbi with minimal risk... But he did add full details on this idea to his True Wealth currency "seminar."
In his presentation, he details how currency fluctuations work and their impact on every American. He also reveals several unique trades – besides the renminbi – that will allow you to safely build a huge amount of wealth in the midst of currency fluctuations... including what he's calling "The Greatest Currency Trade of the Next 10 Years."
While Steve's recommended trades are related to currency movements, none of them involve risky, leveraged currency bets, like most people think of when they hear "currency trade." These trades don't involve traditional currency trades at all (and all but one can be easily made in a conventional brokerage account).
We're at a major crossroads in the currency markets. Our government is in a "no way out" situation with its finances. You can't afford to sit on your hands and watch your purchasing power decline.
Do yourself and your family a favor: Take us up on our 100% money-back guarantee. Try True Wealth for four months. Read through Steve's report a few times. (It will take you less than 30 minutes.) If you don't think it's the most comprehensive and well-written report on how to protect yourself and your family from the coming destruction of the U.S. dollar, we'll refund every penny.
You can sign up for True Wealth and the special report right here. (There's no long video to watch. You'll be able to access the report in less than 10 minutes.)
Date Range:10/24/2013 to 10/31/2013
Date Range:10/24/2013 to 10/31/2013