It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
First Look: U.S. Dollar Substitute to Go Public on Oct 20th?
04.23.2015 BY KELLY BROWN, STANSBERRY RESEARCH
IMF headquarters in Washington D.C. expected to release huge money announcement Oct 20th Learn more…
The International Monetary Fund is one of the most secretive and powerful organizations in the world.
They monitor the financial health of more than 185 countries… they establish global money rules… and provide “bail-out” assistance to bankrupt nations.
And on Oct 20th of this year, the IMF is expected to announce a reserve currency alternative to the U.S. dollar, which will send hundreds of billions of dollars moving around the world, literally overnight.
originally posted by: DYepes
Stansberry research. They like to sell subscriptions to their reports and whatnot. Not that its bull# or anything. But Robert Kiyosaki author of Rich Dad Poor Dad told me about all this nearly a decade ago when I first picked up the book. He uses the same exact terminology, "a Transfer of Wealth". That is what an economic crash boils down to in its most simplistic term. Money leaves the care of investors/suckers who were not prepared to deal with a particular financial event and ends u in the hands of another who was. I have already divested the portfolio with the company I have at the beginning of the year.
I basically pulled out of all the funds that were invested in stock indexes and the bond market and swiched it over to a Real Assets fund. Seeing how energy and commodity prices were going down, I have been buying up at great prices and expect a nice return when everything goes to #. not to mention I have been buying up physical hard silver and gold bullion as a hedg as well. Me and my wife's portfolio lost nearly forty percent back in '08. After carefully studying exactly which funds and indexes we were invested in that lost the most money we have adjusted accordingly.
As it stands, taking into consideration the research we did from the accounts then and the patterns we are seeing now, we actually stand to gain from this next crash instead of lose. I wonder how many of the users here can honestly say that??
All I got to say is that if you have a 401k and retirement portfolio that is managed by your employer, take some direct management of it into your own hands. The brokers dont care whether you win or lose, they get their commission. Its up to the individual to double check and make sure where their assets are being invested. Thats what we did, and our portfolio has actually been growing faster since the beginning of the year when I started to make some of the changes myself.
We have direct online access to the funds and control of where everything is being invested. I strongly urge anyone who has that leeway with their company/employer do the same now. It is never too late as long as you do not wait until the moment you here that disaster is here on the news. That is when it is finally too late. You still have time now, maybe not to capitalize
as much as you want from the event, but at least to hedge yourself against it and drastically minimize your losses.