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Business/Finance See other Business/Finance Articles Title: Mark Down This Date: October 20, 2015 Mark Down This Date: October 20, 2015 For the first time in 35 years, an upcoming announcement could start a new era in modern finance, and could create a once-in-a-lifetime moneymaking opportunity. Get in now... Hi, my name is Dr. Steve Sjuggerud. I'm the Chief Strategist for Stansberry Research. We're one of the largest independent financial research firms on the planet, with more than 350,000 clients in over 170 countries. I've put together this presentation to alert you to an important financial announcement coming this October, which could signal a huge shift in the international currency markets. For anyone who holds their savings or investments in U.S. dollars, this day, and the months that follow, will be incredibly important--because dramatic changes are coming. And please keep in mind: This has nothing to do with inflation, interest rates, unemployment figures, or anything like that. What I'm talking about instead, is an official announcement, coming from one of the most powerful organizations on earth. It's the first time in 35 years that something like this has happened. And I believe it will trigger one of the most profound transfers of wealth in our lifetime. You simply must be prepared, and understand what's about to happen. Why am I so concerned? Well, I've been active in the markets for over two decades... I received my PhD in Finance... I've been a stockbroker and a mutual fund Vice President. And I even ran my own hedge fund... But I've never seen anything in the markets that could move so much money, so quickly- I'm talking about hundreds of billions of dollars changing hands in a single day after this announcement is made. If you own U.S. assets--stocks, bonds, real estate, or just cash in a bank account--you must be aware of what's about to happen. And as you'll see, this could be a once-in-a-lifetime chance to set yourself up for safe and extraordinary gains. Until recently, this story has received very little press. In the early stages of my research, I saw one small article on the back pages of Bloomberg. I saw another short piece deep inside the Wall Street Journal. But that's already changing. And I suspect this story will explode in the months to come. Let me explain... A Big Announcement On or around October 20th of this year, the International Monetary Fund is going to make a huge announcement that could radically alter the financial markets, and initiate a transfer of wealth, unlike anything we've seen in more than three decades. We know the approximate date of this announcement because I recently accessed the IMF's meeting schedule. Like most official documents, it is filled with acronyms and insider jargon. But if you understand the markets, it's not too hard to figure out exactly what's going on-- what they'll really be deciding. I can tell you for certain that this meeting is all about a big potential shift in the world currency markets. As you probably know, the currency market is the world's largest, most vital marketplace. It's far, far larger than the stock market. After all, it's the market for money. Maybe you don't care about currency movements just yet. Or maybe you think currency shifts, such as the one that's about to take place, affect only traders and big banks... or people living overseas. Believe me, nothing could be further from the truth. Here's a quick example of what I mean. Although most Americans didn't realize it, there was a similar (albeit much smaller) announcement in the currency markets earlier this year. And it sent shockwaves around the globe. Here's what happened. First the Franc... Next the Dollar January 15, 2015 began like any other day in Switzerland. But around 9:30 AM, without any warning whatsoever, the Swiss central bank announced they were ending the nation's currency peg. Previously, the value of the Franc grew and shrank alongside the value of the Euro. The currency was considered "safe," and had extremely low interest rates. This enabled traders from around the world to borrow in Swiss Francs. Homeowners throughout Europe did the same--and for years, everything seemed to work fine. The average Swiss citizen didn't think twice about the Franc--much like most people in the U.S. think very little about the value of the U.S. dollar since everything we own is priced in dollars and everything we buy is priced in dollars, too. But things in Switzerland began to change very quickly after the January 15th announcement. The Franc soared as high as 40% in a matter of hours. Because the Swiss franc got so expensive, investors quickly dumped Swiss stocks like Nestle, Cartier, and Credit Suisse... Billions were wiped off the Swiss stock market, overnight, as part of the largest one-day drop in almost 30 years. Nick Hayeck, the chief executive of Swiss watch firm Swatch said, "[De-pegging the Franc] is a tsunami for the export industry, for tourism, and... for the entire country." Steen Blaafalk, CFO of Saxo Bank, told the Wall Street Journal, "I've been in the market 30 years and I have never seen anything like it." Even worse, millions of middle-class Europeans outside of Switzerland lost a fortune because they borrowed money in Swiss Francs. Suddenly, they owed 40% more than they did the day before. For example, one Warsaw borrower saw the mortgage payment on his family's small flat shoot up more than $240 in a single week. The 40 year old lawyer told Reuters: "When I heard the news about the Franc my first reaction was disbelief. Then came slight horror -- what would happen next?" And a teacher living near the Swiss-Italian border said, "I'm losing tons because of the Franc. Our [family's] mantra is now, buy only what's essential." But not everyone suffered because of the Swiss Central Bank's currency decision. Some banks and many investors were properly positioned for the big move. Questra Capital, for example, made millions betting that the Euro would slump below the Franc. "We immediately knew that it was going to be a very, very good day for [our] investors," said Executive Thomas Suter. The Wall Street Journal reported that people living near Switzerland's border took advantage of this arbitrage opportunity, almost immediately. People throughout Switzerland flooded local currency exchange centers to get more Euros with their Francs than ever before. Take a look at the lines that formed at currency kiosks... some Swiss ATM's were literally running out of Euros to dispense. Poster Comment: I hope you are ready for this. It may be a nightmare. Post Comment Private Reply Ignore Thread
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