It is absolutely amazing how there is no real public outrage right now against the government's proposed $700 billion in bailouts. The main stream media is manipulating the minds of Americans into believing these bailouts are necessary for our financial security... when it is actually the complete opposite. We can live with AIG, Fannie Mae, Freddie Mac and others going bankrupt. Sure, housing prices would collapse and we would have a severe recession... but that is unavoidable. With these bailouts, not only will housing still collapse as a part of a more severe and prolonged recession... but we are now headed towards hyperinflation and a complete and total collapse of our currency. Not one person in the media today is talking about the consequences of the bailouts. They blame high oil prices today on "speculators" when it is the government's own inflationary practices that have caused it. By wasting $700 billion on these bailouts... we are now likely to see $10 per gallon gas next year; which is good if you are invested in an Oil and Gas deal. We have two candidates running for President who don't understand a thing about the economy. Never once have I heard McCain or Obama mention the words "national debt" or "inflation" in their speeches. Never once have I heard them place any blame for our problems on the Federal Reserve and discuss our need to eliminate it. I have been telling you since mid-2005 to sell Real Estate and Buy Gold. If you listened to me, you would've gotten out at the top of the Real Estate bubble and doubled your money in Gold. Back in 2005, nobody in the media even suggested the possibility that Real Estate prices could go lower. They all thought Real Estate would go up forever and offered absolutely no warnings to get out of the housing market. In 2006, as it started to become more obvious there were major problems in Real Estate... the media said it was just a "softening" and the rate of gains each year might slow down. In 2007, when the market started to collapse... they blamed everything on "subprime" mortgages. They said these "subprime" mortgages would quickly wash out and the market would bottom and rebound. I told you the crisis would expand throughout the entire mortgage market and to short FNM/FRE and buy puts in them. FNM and FRE both crashed from $30 down to pennies... and my four put option plays gained at their highs between 263% and 335%. I then predicted LEH would crash and said to short it at $46.49. LEH is now bankrupt, and my two put option plays made gains at their highs of 366% and 698% respectively. The bailout plan doesn't even begin to address the problems to come next... credit card and student loan defaults... which will likely wipe out JPM and BAC's shareholder equity completely. For the past few months, I have been telling you to put 75% of your portfolio into DGP, the double-long Gold ETF or buy physical Gold at www.crowne-gold.com; as for Oil check out CETG. DGP is up over 50% in the past eight days, but this is just the beginning. Gold is still below March's high of $1,032. Gold's 1980 high adjusted for inflation was $2,275 per oz, and our crisis today is much worse than back then. Oil is going over $200.00 a barrel. For the past two months... everybody on CNBC has been hyping the U.S. Dollar... saying it will rally and strengthen. These are the same people who said to buy Internet stocks in 2000 and Real Estate in 2005... and now they are saying to go long the Dollar and the commodities bubble is bursting. There was never a commodities bubble... we have a Dollar bubble. Soon, as the U.S. public begins to discover the truth... there will be a huge rush out of the Dollar and into Gold or OIL. As I am writing this... Jim Cramer has now flip flopped again. After predicting Gold and Oil were about to collapse a few weeks ago... he is now saying to buy it. He is finally going to be right about something for once.
(UNSUBSCRIBE INFORMATION) To unsubscribe (opt out) of mailing lists from Investor Relations, click the following URL: http://imailerexpress.ibeamsolutions.com/optout.aspx?c=125636&r=653232
