From: Sean Brodrick <alerts@weissinc.com>
Date: Sat, Sep 19, 2009 at 2:04 PM
Subject: Gold on the Move: Here's Your Chance to Profit!
To: "idadamchristian96@googlemail.c" <idadamchristian96@googlemail.com>
Dear Subscriber, Have you seen the big move in gold this week? One group that's making the most of it is The Secret Order of Jurojin. This group of elite traders is not just riding the gold rally, they're playing the big surge in other hard assets as well. I wanted to make sure you saw the latest update on their market outlook — see for yourself. All the best, Sean — How You Can Protect Yourself AND Profit! If you listened closely last week, you could almost hear an audible groan from central bankers as the long battle between gold and the dollar ended in a gold victory. The yellow metal broke out to the upside through a months-long downtrend. Now, the best-laid plans of Wall Street and the shadowy power players of the global economy may be coming unraveled. Take a look at this chart ... After such a breakout, another, shorter consolidation is likely. That could be your last chance to get onboard before the gold profit train leaves the station. Gold isn't the only commodity that is looking like a good investment. The U.S. dollar is sliding lower, its once-solid support giving way like rotting timbers. Anything that is priced in dollars — hard assets of all stripes — has the potential to outperform in the months ahead. The time has come for big gains in gold, silver, sugar, grains, energy and more as the big commodity bull market moves into its next phase. And if you've got the guts to take YOUR shot at the brass ring, it could be time for you to start making some serious gains. What's driving this next wave higher in commodity prices? Fundamentals forces are lining up that should push the dollar lower and commodities — especially precious metals — much higher. I believe we're headed for a currency crisis. It will be ugly and I hate it — I HATE what the chuckleheads in Washington are doing to our currency. But give me five minutes to make my case for the coming "dollar apocalypse." Being forewarned can A) preserve your wealth and B) potentially help you profit handsomely. Here's what you need to know ... Washington Is Debasing the U.S. Dollar. The U.S. Treasury is running its printing presses at warp speed. It's adding debt to the burden of every American man, woman and child at a frightening pace. According to the Peter G. Peterson Foundation, "Our $56 trillion in unfunded obligations amount to $483,000 per household. That's 10 times the median household income — so it's as if everyone had a second or third mortgage on a house equal to 10 times their income but no house they can lay claim to." The U.S. deficit for this year alone is $1.8 trillion. The Peterson Foundation points out that a deficit that large is adding debt at a clip of $3.4 million a minute, $200 million an hour or $5 billion a day. All that debt has to be paid back eventually, and paid back with dollars. When you create more of something, you cheapen its value. In a nutshell, that's one reason why the U.S. dollar is breaking support and heading lower. The Dollar Is Losing Its Status as Global Reserve Currency. With Uncle Sam spending money like his wallet is on fire, our trading partners in China, Russia, the Middle East, and around the world are getting steamed. Now, they're ready to do something about it. They're ready to dump the dollar. The move away from the dollar won't be quick. There are trillions and trillions of dollars worth of investments that have to be reallocated. But once started, this juggernaut is hard to stop. It's already started in China! Recently, Cheng Siwei, a leading Chinese policy maker, said that his country's leaders were "dismayed" by America flooding the banking system with money. "If they keep printing money to buy bonds, it will lead to inflation," Cheng said. "So we'll diversify incremental reserves into euros, yen and other currencies." Russia jumped on the anti-dollar bandwagon. At a meeting in Yekaterinburg, Russia, the BRIC nations — Brazil, Russia, India and China — suggested shifting their currency holdings from the dollar into International Monetary Fund "Special Drawing Rights," or SDRs. The IMF recently announced that around $2 billion in SDRs recently transferred to Russia. But Russia is still behind China, which announced its intention to purchase up to $50 billion in SDRs from the IMF. India is going to purchase SDRs, too! SDRs on their own can't function as a global reserve currency. But combined with a basket of hard assets — gold, silver, copper and oil, for example — they could be a BIG step in that direction. The U.N. is the latest to get in on the act. The United Nations Conference on Trade and Development laid the blame for the financial crisis at the dollar's feet, and proposed replacing the dollar with an artificial currency. This is the first time a major multinational institution has suggested dumping the U.S. dollar as the world's reserve currency. Meanwhile, China, Russia and others are buying gold on every dip. This is probably part of their plan for a long-term shift away from the dollar. But it also puts a floor under the price of gold ... and means the easiest path for the yellow metal should be higher. Demand Is Surging Again! After a lull this summer, investor demand is picking up again. Gold holdings in 10 monitored gold-backed exchange-traded funds increased by 4.871 metric tonnes (156,615 ounces) in the week from September 4 to September 11. The amount of gold in ETFs globally has surged to more than 66.7 million ounces. The World Gold Council reports that only about a half of 1 percent of total worldwide funds under management are currently invested in gold and, if that were to double to 1 percent, there would be insufficient gold in the vaults of central banks to accommodate the increase in demand. Also, recent news reports reveal that China is exhorting its citizens to buy gold and silver bullion. This could have a dramatic effect on the markets! The Time to Act Is Now! Technically speaking, $1,035 is near-term overhead resistance in gold. If and when gold closes above that, we'll probably see a bunch of new cash flow into gold funds and short covering bidding prices even higher. By the time gold closes above $1,035, you'll be chasing the yellow metal — a tough spot in such a fast and furious market. The smart thing to do is to get long BEFORE gold goes above that trigger level! Now for the good news. You can protect yourself — and potentially pile up some hefty profits — with futures and futures options. I'm talking about trades in the U.S. dollar ... gold ... silver ... wheat ... corn ... soybeans ... oil ... natural gas ... and more! A swooning dollar should send gold to $1,300, oil to $90, and wheat, soybeans and other commodities much, much higher.
To be sure, commodities can be tricky markets to trade well. Now for the best part: An elite, secretive service has just cracked opened its doors to allow qualified investors a chance to even the playing the field. This Group: The Secret Order of Jurojin Until now, Jurojin has only offered recommendations to a select few. Now, they are offering YOU a specialized newsletter, packed with trading recommendations, designed to help you reap windfall profits from the historic swings in the U.S. dollar, gold, crude oil, agriculture, treasuries, and more. And I believe we are at a crucial juncture in the markets — the next leg up of the great bull market in commodities. The thing about Jurojin is they give you ways to play this bull market that you can't get in other services. Not all Jurojin picks win. Of course there are losses. But this elite group of traders has been riding the big bull market in grains for all it's worth. The Hour of Real Assets Comes Round at Last Gold isn't the only thing investors and funds are buying. Copper, zinc, cotton, oil and other hard assets are all becoming sought-after investments. That's because small and big investors alike are realizing the value of hard assets when governments can print as much paper money as they want. And Jurojin fires out winning picks in all sorts of commodities. Just this week, subscribers to Jurojin's premium service, Jurojin Weekly, scooped up two helpings of gains in cotton. Cocoa and sugar are also fair game. And the metals — oh, how Jurojin likes the metals. Gold and silver offer plenty of opportunities to get long and strong. That's the great thing about commodities. They're real assets — hard assets. As more and more investors realize fiat currencies (like the U.S. dollar) are inferior to hard assets, the prices of metals, softs, grains and more should trend much higher. But what about when the market goes in the other direction — like the brutal correction we had last year? That's fine with Jurojin — they'll play either side of the market. And after riding a downtrend, they'll jump right back on the big uptrend when it reasserts itself. Jurojin is not affiliated with Weiss Research — it's a separate entity with a different trading philosophy. To be sure, you can lose money in any market. Some people will tell you if you want to play it safe, buy precious metals and stick them under your mattress ... and then you still might lose sleep if you don't have a really good mattress. But if you want to run with the big dogs and invest with the pros ... if you have a stomach for risk and an appetite for outsized gains ... you owe it to yourself to find out more about the Secret Order of Jurojin's special offer. To do that, CLICK HERE. Find out more about Jurojin now — the big bull market in commodities is waiting for you, but it won't wait long. Yours for trading profits,
Would you like to edit your e-mail notification preferences or unsubscribe from our mailing list? Copyright 2009 by Weiss Research, Inc., |
1 comment:
Before a world reserve currency, we need a common international language, like Esperanto :)
Your readers may be interested in seeing http://uk.youtube.com/watch?v=_YHALnLV9XU Professor Piron was a former translator with the United Nations
A glimpse of the global language,Esperanto, can be seen at http://www.lernu.net
Post a Comment