الثلاثاء، 5 نوفمبر 2024

Urgent: This election is rigged

I don’t take any pleasure in being right. 

In fact, looking back, I wish I’d gotten it all wrong.

In 2010 I first began warning that our government was adopting policies – namely, printing money to buy back its own bonds – that would lead to both a financial and a social crisis.

I warned that, throughout history, societies that debased their currency to protect the ruling class always experienced a shocking rise in violence, disorder, prostitution, gambling, and other forms of anomie.

It was true of Ancient Rome, true of the Ottomans, true of the British Empire and true of Weimar Germany… 

As these great empires corrupted their money to pay off their impossible debts, they were faced with a corruption of their own morality.

In the decade that followed my warning, we accurately predicted not just the financial problems of higher prices and the loss of Americans’ purchasing power…

We specifically warned that America would lose its AAA rating. We predicted the rise of violent protests like Occupy Wall Street, the Freddie Gray riots in Baltimore, and Black Lives Matter riots that followed.

We told millions of people that America’s government would become vastly more dictatorial and would soon control how you lived, worked, and traveled – which no one believed – until all of those things happened too, in the spring of 2020.

But I’m writing to you today because what’s about to happen next could be much, much worse than anything we’ve yet seen. 

Less like a financial crisis, and more like the brutal and violent collapses of the great empires I just named. In a special broadcast I recorded at my farm in Maryland, I put it like this:

“The elites know what’s about to happen. They are quickly and quietly preparing for a crisis unlike anything America has seen since the Civil War. ”

The full, and now viral, broadcast is here.

It all comes back to the same force that has destroyed every great civilization in history.

According to The Wall Street Journal, former President Donald Trump’s economic plan (tariffs, military expansion, and tax cuts) will cost $7.5 trillion in additional deficits over only four years.

The newspaper says that’s twice as much as Vice President Kamala Harris’ plan for our country. 

But what no one has figured out yet these estimates are all based on increases to the rate of government deficit spending.

These numbers don’t mean that the national debt is going to grow from $35 trillion to $42 trillion under Trump. Or maybe to “only” $39 trillion under Harris.

What no one will say out loud is that these figures are in addition to the ongoing surge in mandated transfer payment spending. 

And those obligations mean the U.S. is already on track to rack up at least $22 trillion in new deficit spending over the next decade.

This combination of out-of-control, unfunded, and legally mandated spending (on Social Security, Medicare, etc.) along with the new spending programs proposed by both Trump and Harris mean that more than $30 trillion in new debt will be added over the next decade.

That is more or less double the amount of debt we owe today. 

Measured against the size of our economy, our debt is going to soar past all previous records, including during the Civil War and World War II.

Some argue that you’ve never seen an America like this, where the middle class is destroyed by inflation. 

Where Americans begin fighting over federal spending – because without it, people will literally starve. 

Everyone believes that can’t happen in America.

To that I say… Really? 

We’ve already seen the government lie to us about a virus and lock us inside our homes for months, bankrupting our businesses.

We’ve already seen our government promote utterly delusional concepts around race and gender, programs designed to alienate our children and destroy our cultural heritage. 

We’ve already seen our government lie about wars and waste trillions on foreign occupations that had no hope of a successful resolution (how many wars have we now lost in a row?).

We’ve already seen our government print tens of trillions of dollars, destroying wages and savings while lying the entire time about the root cause of inflation.

And we’re about to see an entire presidential election happen without either major party bothering to address the single most important issue at stake in our country: 

Our government’s runaway spending and its growing control over every facet of our lives.

In this important way, it means your vote won’t count. It means the outcome of the election is rigged to ignite a financial collapse, no matter who wins.

The reckoning bearing down on America is bigger than the Fed… bigger than any individual policy… bigger even than the presidency itself.

It is only a matter of time now until, one day, the U.S. Treasury market suddenly realizes that no amount of printing will stop the collapse: there will be “no bid” for our country’s bonds. 

And on that dark day, everything you think you knew about America will be completely gone.

If you’re not ready for that moment, you risk being completely destroyed.

So, if you haven’t yet, you owe it to yourself and your family to watch my emergency election broadcast with superb economist Peter St Onge.

It’s free to watch – simply click here to see it now.

Peter’s one of the very few credible economists (he works at the Heritage Foundation) who is willing to speak on the record about these very serious problems and how they put your personal wealth in immediate danger.

The Roman Empire, the Ottomans, Weimar Germany… they all collapsed in financial ruin, with hyperinflation running riot.

If you know your history, you’ll know that America today is the textbook definition of end of empire stuff. This is how we fall. The historical blueprint was written long ago.

And that blueprint tells us what comes next for America will be a long period of suffering and monetary chaos. 

More violence between those who benefit from these forces (the elites) and those who suffer from them (almost everyone else).

With the election weeks away… and early voting already underway… these excesses look set to ignite an inflationary spiral that could see American’s savings and purchasing power decline by another 50% to 70%.

This will absolutely happen.

And far sooner than most folks realize. 

Every economist knows it. But because the government controls the banks, the media, the credit-rating agencies, and most colleges – all the places economists work – not a single one of them will speak on the record about what’s about to happen.

I’m speaking out because this is a matter of great urgency for you. There is a very brief window between now and election day for you to get your money on the right side of the coming collapse.

This crisis will unleash one of the greatest transfers of wealth ever that sees trillions of dollars flowing from one side of the markets to the other. And that process is already well underway. 

Unfortunately, millions of people will be on the losing side of this transfer… but if you’re paying attention… and if you understand what’s happening and what’s really causing all of these problems, it could lead to transformational wealth.

I’d like to share with you my #1 high-conviction stock to buy before Election Day… and details on the assets that could help you create wealth from these events, even as so many others watch their portfolios destroyed.

Everything you need to know is here in my emergency election broadcast.

There’s still time for you to move ahead of the coming collapse – but not much.

Porter Stansberry


 
 
 
 
 
 
Thank you for subscribing to DividendStocks.com's daily newsletter for dividend and income investors that covers ex-dividend stocks, new dividend declarations, dividend stock ideas, and the latest market news.
 
This message is a paid advertisement sent on behalf of Porter & Company, a third-party advertiser of DividendStocks.com and MarketBeat.
 
If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.
 
If you no longer wish to receive email from DividendStocks.com, you can unsubscribe.
 
© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.
 
Today's Bonus Content: Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction

This is treason

This is not a drill

Looks like I was wrong.

Our financial system is unraveling even faster than I predicted. 

The converging forces I expose here, in my emergency broadcast are bearing down right now – and could soon have a devastating impact on your portfolio and savings. 

This is not a drill. 

As you read this, sixty-six banks in America now face insolvency risk

The Federal Deposit Insurance Corporation’s (“FDIC”) “Problem Bank List” grew to 66 at the end of the second quarter, up from 43 a year ago, as the value of “Problem Assets” for banks jumped alongside Treasury yields. 

Today, the yield on a 10-year U.S. Treasury hit 4.18% – up from 3.78% at the end of September. 

This is a problem for banks (Bank of America in particular) that piled into Treasuries during 2021 and 2022 when yields were at an all-time low. 

Since the Federal Reserve began its rate-cutting campaign, long-term yields have risen, resulting in major unrealized losses for these banks. 

Today, the unrealized losses on securities at America’s largest banks are already dramatically worse – as of the end of Q2, $517 billion of these loans were underwater. 

Inflation remains sticky, and if yields continue to rise, these Treasury bonds held by the bank will continue to fall in value. 

Now legendary investor Stanley Druckenmiller has placed a large bet that Treasury yields will continue to rise – he’s using around 15% to 20% of capital from his hedge fund to short U.S. Treasuries.

That’s high conviction. And when the smart money is betting on a disaster, you need to pay attention to it.

In my urgent broadcast I want to show you how to move your money into specific assets that (history tells us) tend to flourish under these extreme conditions… even while others see their wealth evaporate. 

I even name my #1 highest conviction stock to buy before the polls close, to start getting yourself on the right side of this emerging crisis.

Sadly, it’s not “just” a potential banking collapse you need to worry about – and urgently prepare for.

A former CIA man, presidential advisor and old friend of mine – Jim Rickards – is sounding the alarm about America’s out-of-control debt spiral:

Jim is right. But what most people don’t realize is, the situation is even worse. Interest rates will explode higher as foreign buyers abandon our treasuries. 

That’s already happening. China has been dumping our Treasuries for years. They smell a disaster. 

For the first time in our lifetime, there is a real risk of a Treasury default in America. 

Obviously America’s accumulation of debt has been baked into the cake for decades. But like the old Hemingway quote tells us, these things happen slowly, slowly, then all at once

Here’s what all at once looks like:

As the X (formerly Twitter) account Wall Street Silver explains:

“This isn’t a chart of Apple, Tesla or Even Nvidia. This is interest payments on the US national debt of $36 trillion”. 

With interest payments on an exponential climb, it’s only a matter of (short) time until the printing presses are fired up. 

And we won’t be talking about the Fed printing a trillion dollars. Or ten trillion. Think closer to 50 trillion. Even more. 

When that happens, that’s the day the dollar dies.

Inflation will take off like no one is prepared to believe. Hyperinflation is a possibility here. The kind of situation where a loaf of bread would be priced at $10,000. If that seems impossible, you simply don’t understand financial history.

This is the way ALL great, indebted empires collapse. As my favorite financial historian Niall Ferguson recently warned:

“Any great power that spends more on debt service than on defense will not stay great for very long. 

True of Habsburg Spain, true of ancient régime France, true of the Ottoman Empire, true of the British Empire. 

This law is about to be put to the test by the U.S. beginning this very year.”

America is now at Breaking Point. 

Our next president can’t save us. They will simply do what every sitting president for the last 50 years has done: print money. They will accelerate the crisis. They will push national finances into oblivion and destroy the wealth of tens of millions of Americans.

I see that scenario as irreversible. Unstoppable. But that doesn’t mean YOU have to suffer. 

I’ve issued an emergency investment plan to help you get your money on the right side of the epic wealth-destroying crisis that’s already underway.

You’ll discover the specific assets that could thrive as inflation takes off again and America’s debts run wild. Without this plan in your hands, your money is at grave risk of complete wipeout. 

Watch my emergency broadcast now.

With the polls closing in a matter of days, you don’t have long before the new president is advised to turn on the printing presses to “save America”. 

When that happens, it will be too late to save yourself. 

Porter


 
 
 
 
 
 
Thank you for subscribing to Insider Trades Daily, which covers the most recent insider buying and selling activity from Wall Street CEO's, CFO's, COO's and other insiders.
 
This message is a paid advertisement sent on behalf of Porter & Company, a third-party advertiser of InsiderTrades.com and MarketBeat.
 
If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.
 
If you no longer wish to receive email from InsiderTrades.com, you can unsubscribe.
 
© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.
 
Today's Bonus Content: Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction

Dirtiest Election Ever Set to Trigger Crash

Warning: Everyday patriots urged to prepare for a historic election meltdown.

Election Day (1 event down, 1 to go)

the first of two market-moving events this week
 
   
     
Happy Election Day!

I think I speak for a lot of us when I say it’ll be a relief to put an end to all those political ads.

But for the market, the election is just the beginning of an eventful week.

If you’ve been following along, you already know my stance.

I expected the market to move sideways heading into this week, holding its breath for two big events — and we’re halfway there with today’s election.

Today’s results will start the ball rolling.

Then on Thursday, the Fed is set to announce their latest rate decision at 2pm Eastern. That’s the other major piece the market’s been waiting on as it has been wavering and not really doing much.

Between the election and the Fed, we should finally get some real clarity and the market might even pick a direction.

By the way, if you haven’t already, make sure to register to join me live tomorrow —  Wednesday, November 5th @12pm Eastern.

I’ll be on with Nate Tucci, Jack Carter, and some other top pros as we break down the market’s reaction to both the election and the Fed.

We’ll also be sharing our
#1 trade pick for the immediate future.

Make sure to reserve your spot now and I’ll see you tomorrow, hopefully with some clarity on the election results.

— Geof Smith
   
 

Trump’s pick for Deputy Secretary of Defense

And how it impacts our defense stocks ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ...