That’s why I’ve come up with an exit strategy for you.
| Dear Reader, As a former financial planner, I saw how Australia’s financial sector has been deeply flawed for years. Instead of working for you, it seems planners and brokers are happy to push overvalued investments for personal gain…at your expense. Now the industry has evolved into what I believe is the biggest Ponzi scheme ever devised. As Charles Hugh Smith of the Daily Reckoning observes: ‘Professional investors have been patiently waiting for retail to go all-in so the pros can sell all the over-valued stocks to the euphoric, trusting retail traders, who will continue to buy the dip and rotate into the next hot meme-stock until their fortunes have dwindled to spare change.‘The con requires euphoric confidence that stocks only go up forever, and every retail trader is confident in their ability to ride the wave to riches.’Except that overvalued stocks don’t go up forever. They eventually crash. It’s a fundamental law of the markets. Right now, we’re at the peak of the biggest ‘Everything Bubble’ in history, involving every overvalued asset you can think of. When this bubble bursts, it can potentially bring down entire economies and erase trillions of dollars in wealth overnight. It’s like the 2007 subprime mortgage crisis all over again — only this one could be bigger. I don’t want you to be on the losing end when this happens. That’s why I’ve come up with an exit strategy for you. Click here to read it. Regards, Vern Gowdie,
Editor, The Gowdie Letter |
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