 |
Finally a Presidential Candidate
Points the Finger at Money-Printing
Hi
peg, It took nearly 2 years of constant campaigning, but finally one of
the men set to be President in 2013 said the words we’ve been waiting
to hear.
EVG
Research Team here, and we’ve been watching Mitt Romney and Barack
Obama closely to see if either has a clue about the coming crisis. Or
if they do, the courage to speak about it.
But
so far, not one has mentioned the $1.5 trillion dollars waiting on hold
at the Federal Banks, just waiting for the right moment to flood the
economy with inflation.
Not
one has suggested lowering the debt; not even with an empty campaign
promise. They only promise to lower the deficit, in other words, the
speed at which we grow more debt.
Not one has mentioned how we’ll manage to pay the interest on $16.2 trillion in debt when interest rates rise.
(Inflation,
runaway debt and sky-high interest rates will threaten hopes of
retirement for a generation. The Elevation Group has a plan: Click here to discover our solution.)
And
from where we see it, the only option America will soon have is to
honestly default on our debts and restructure them... or continue to
manipulate our currency by printing more money to pay our debt.
We’d
like to know which option the candidates would prefer, but for so long
they were silent on money-printing and currency manipulation.
And Then it Finally Happened...
Someone mentioned currency manipulation. It was Mitt Romney, and he said...
China
has been a currency manipulator for years and years and years. And the
president has a regular opportunity to label them as a currency
manipulator, but refuses to do so.
On
day one, I will label China a currency manipulator, which will allow me
as president to be able to put in place, if necessary, tariffs where I
believe that they are taking unfair advantage of our manufacturers.
Mitt Romney
Wait. Someone finally mentions currency manipulation and we point the finger at China?
Wow. Let’s take a look...
Mitt
Romney is suggesting China is a currency manipulator. Their crime is
printing money to intentionally devalue the Yuan. In theory, this will
make their exports cheaper and attractive to nations like the United
States.
And
that’s true. They did this for decades. BUT, this mostly stopped in
2005 when China depegged their currency from the dollar. Since then,
the Yuan has been steadily growing in value.
In fact, in the last 7 years the Yuan has gone up in value 23% in dollars.
And on the EXACT DAY that Mitt Romney said these words, the Yuan set an opening record high versus the dollar.
So we have Mitt trying to protect us from China weakening the Yuan (when it’s actually getting stronger). And yet...
Who’s Going To Defend Us
Against the Weakening Dollar?
And why isn’t either candidate standing up against the currency manipulation of the Federal Reserve?
Since
China has depegged their currency from the dollar, our Federal Reserve
has had the printing-machines cranking at full gear... TRIPLING the base
money-supply in just a few years.
And
it was AFTER this happened that Mitt Romney said, “I think (Ben
Bernanke) is doing as good a job as he thinks he can do.” And, “But
look, I’m not going to spend my time going after Ben Bernanke. I’m not
going to take my time and focus on the Federal Reserve.”
Yes, we can tell, Governor Romney.
And neither is President Obama, who reappointed Ben Bernanke even after all the money-printing skyrocketed.
To us at The Elevation Group, this is a clear sign that we should...
Find a Lifeboat, and Get In
That
$1.5 trillion dollars is anxiously waiting to flood the markets, and
the dam could break at any time. When it does, through “Fractional
Reserve Banking” that $1.5 trillion could turn into $10-$15 trillion in
no time.
That’ll send inflation through the roof and interest rates to the moon.
The only way to survive rising rates and prices is to find a lifeboat and jump in.
At The Elevation Group, we like to see ourselves as that lifeboat.
Our
founder, Mike Dillard, watched his friends and family lose dearly in
the 2008 financial crisis. And since then, he’s been circling the globe
in search of contrarian financial experts to teach him and his family
how to invest in these strange times.
And
it’s worked. In the last 4 years of implementing these “black box”
investment strategies of the ultra-rich... Mike has earned an average
77% annual return.
If
you’d like to find out more about these “black box” strategies... AND
how to climb into The Elevation Group’s lifeboat before the crisis
really hits, then go here now:
Your Partner in Prosperity
The EVG Research Team
