The year is 2024. The global economy… and world-wide financial markets… have been all but decimated.
In 2018, the government shut the stock market down after the Dow Jones Index crashed to 3,500.
The President, with support from members of Congress and Wall Street said the shutdown would only be “temporary…”
That all things would return to “normal” soon enough…
But there was no turning back.
Once markets were closed they were never opened again. Liquid stocks were converted to private equity with no way to trade or cash out.
Everyday Americans suffered huge losses. Both in their brokerage accounts and their retirement accounts.
Along with the markets, the world-wide economy has been in a deep recession for nearly the past decade. Unemployment has skyrocketed. Commerce and trade have declined precipitously
Central banks thought they would solve the world’s economic problems simply by printing money. But that stopped working by 2018, when the Fed launched the seventh round of its money-printing program known as QE7.
Inflation quickly went to 10%... 15%... 20% and beyond before investors had time to react.
By 2019, all confidence in paper currencies had been lost.
Hyperinflation made money virtually worthless.
Everyday workers and retirees saw their savings, bank accounts, pensions and insurance policies turn to dust.
After blaming the private sector for the collapse, the government nationalized certain corporations in the name of “national economic security.”
Once vibrant private companies like Google, GE and Wal-Mart are now all government owned.
We’ve also suffered through electricity rationing, allowing us to use power only a few hours a day.
Social order has broke down. Supermarket shelves have run empty.
And wiped-out savers have broken out in money riots across the country.
Americans looted each other…vandalized government buildings… and set up black markets to barter for food, clothes and other necessities.
Local militarized police forces responded quickly on behalf of the power elites.
They cracked down on their communities using drones, armored vehicles, night vision technology, body armor and electronic surveillance.
Highway tollbooths and E-Z Pass lanes were used to spot any citizens who tried to flee by car.
Thousands of citizens were arrested and thrown in jail.
By 2020, major governments across the globe agreed to take unprecedented steps to fix the global economy.
First, they abolished most currencies, and announced a brand new international monetary system that would be based on a spooky new kind of world money.
To make their plan work, governments needed to control all alternative forms of money.
They abolished the use of cash and coin.
And after 2020, all transactions were digital and executed through a government administered system.
Sadly… as I write this letter in 2024… most Americans don’t even remember how we got here.
The entire process unfolded in small stages – like single snowflakes falling on the side of a mountainside… before an eventual avalanche.
Snowflakes so small that investors and citizens barely noticed… before it was too late.
Before the financial avalanche came crumbling down… and crushed their wealth.
Luckily, a few open-minded Americans saw the snow piling up. They were warned in advance of the coming financial avalanche. And they prepared their money… and their lives… accordingly. Description Hi, Jim Rickards here.
What you just read was a fictional account of what I believe we could be faced with in the coming years.
I understand if you’re a little skeptical of the scenario.
After all, that’s probably not the future you would have imagined – or wanted -- for our nation… for our money… or for our children.
But unfortunately, after everything I’ve seen during my time inside Wall Street… inside the CIA… and inside the halls of the Pentagon… that’s the path America’s heading down.
This fictional scenario is based on events that are already taking place in America today.
And it’s my mission to show you what our future may look like… no matter how unpleasant it may be.
See, I’ve already helped high ranking members of the U.S. intelligence community prepare for financial catastrophes.
During a CIA strategic study called “Project Prophesy,” my work even predicted a massive terrorist event in London just days before the attack was carried out.
Luckily, Scotland Yard thwarted the attack. Hundreds of lives were saved.
I’ve also helped wealthy individuals by warning my private clients in 2006 about the coming global financial crisis.
To be blunt, I believe we’re about to face the worst financial crisis in the history of our nation -- perhaps within the next six months.
A crisis that will play out years from now – diving America into a deep recession for at least the next decade to come.
One that could very well lead to the nightmarish scenario I outlined above where: The stock market could plunge almost overnight 70% or more... The US dollar could lose 80% or more of its value… And one in every two American IRAs set ablaze…
This is about to happen simply because our financial system is more unstable than ever before.
The “too big to fail” banks are even bigger today than they were in 2008, when they almost brought down the global economy.
And the size of derivatives, the same instrument Warren Buffett once called “weapons of mass destruction,” are now worth more than $700 trillion.
That’s TEN times bigger than the entire world economy.
In other words, the feds can’t print enough U.S. dollars to backstop the financial markets if they blow up again.
There’s no “QE” program that’s big enough.
No printing press that could run long enough to pump that many new dollars out to bail out the system.
Put simply, this crisis will be too big even for the U.S. government to solve.
In this coming crisis, it’s the Federal Reserve that will need a bailout.
During private conversations, two members of the Fed have already admitted to me that the Fed is secretly broke.
This means the world will have to bail the entire U.S. financial system out.
And monetary authorities around the globe are already preparing for that day.
In fact, that’s exactly why a powerful group of 24 people who oversee the international monetary and financial system got together to design a new kind of world “money.”
And they already have a plan to use this “money” to replace the dollar as the world’s reserve currency.
Until now, this plan has been cloaked in secrecy… the monetary authorities know if word leaks out to the general public it would lead to a panic.
But I can’t sit still and watch this all pass…
Not without doing everything I can to warn people like you.
Which is why I'm hosting an exclusive LIVE intelligence briefing, where I’ll reveal all the details of this new “money” to a small group of people.
I’ll share with you exactly what I see coming.
How I expect this to play out.
And most importantly, a solution set that will help you prepare… and prosper… from the fallout.
I’d like to personally invite you to attend this rare online intelligence event. I’ll show you how in a moment…
But I’m getting ahead of myself. So let me back up a bit, and show you exactly how the dollar will crumble…
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Poster Comment:
Ron Paul says that Hillary would "be a mediocre President, and a war hawk like the rest." ;)