|
History is repeating itself, and the consequences could be extremely profitable for you …
In July of 1944, 730 financial bigwigs from 44 nations met at the Mount Washington Hotel in Bretton Woods, New Hampshire for a conference in which they recreated the economic world:
They established the U.S. dollar as the world’s reserve currency. They founded the International Monetary Fund. And they created the World Bank.
Now, 67 years later, another conference has just concluded that gives several observers flashbacks to Bretton Woods.
Like Bretton Woods, it was held at the Mount Washington Hotel. Also like the original, many of the financial world’s movers and shakers were invited.
The guest list is said to have included former Fed Chairman Paul Volcker, former British Prime Minister Gordon Brown, and former chair of President Clinton’s Council of Economic Advisors, Joseph Stiglitz.
The conference organizer? None other than George Soros — the internationalist and mega-investor who, in his own words, sees a pressing need to “rearrange the entire financial order.”
|
Soros said that the U.S. dollar is already losing its status as the world’s dominant currency, increasingly being replaced by the euro, gold, oil and other commodities.
The reason: The dollar is plunging so quickly in value, central banks and investors have no choice but to shift away from greenbacks to avoid huge losses.
This is precisely why tangible asset and tangible asset stocks are on a rampage.
More than that: This is why you can expect this huge, historic rally in oil, gold, silver, food and basic materials to not only continue but to accelerate in the weeks and months to come.
The million-dollar questions are:
Where will this all end?
How can you protect yourself from the explosive fall-out?
How can you know which are the best investments today? Which are the LEAST likely to suffer substantial corrections even as this great rally continues, and …
Which are MOST likely to deliver world-class profits as the falling dollar drives tangible asset prices ever higher?
Good luck and God bless!
Martin
{ 1 comment }
Let me preface my comment with saying how much I value the information you provide daily. I am a business woman, and I receive your email and read them eagerly. Thank you for your services. That said, can you please share the source/link of the news about this meeting? I would greatly appreciate it.