The Financial Warning You Were Never Supposed to Hear

You may be surprised to learn exactly what Im about to tell you.

But the globes most connected financial insiders lately signalled that the markets are on the brink of disaster.

Many of these global elites are already making plans to prepare for the worst. Fortunately, its not too late for you to consider concrete steps to protect your personal wealth ahead of time.

Theres an old stating in the stock market that when costs are about to collapse nobody rings a bell. In other words, its up to you to be alert to important turning points in markets.

No analyst or advisor is going to tell you exactly when the bull market is over. Actually, they probably dont know themselves; the experts will be taken as much by surprise as everyday investors.

Yet sometimes, the global power elites do ring a bell.

But they ring this for the wealthiest and most powerful individuals only. Everyday traders like you are not meant to hear this. One of these insider warnings had been sounded recently

On 29 June 2014, the financial institution for International Settlements (BIS) released its annual report, that said markets had become euphoric. That report went on to say that Time and again seemingly strong balance sheets have turned out to mask unsuspected vulnerabilities.

The BIS, based in Switzerland, is a private meetinghouse for the most powerful central bankers in the world. It exists under a distinctive legal structure that is not responsible to any government.

During the Second World War, the BIS, under the direction of an United states CEO, fenced Nazi gold to help the Germans fight the Allies. The BIS is also the key institution for central bank gold manipulation today.

No institution in the world keeps more central bank secrets than the BIS. Once they warn about market pockets, you should take heed. However they werent the only ones

Three months later, on 20 September 2014, the G-20 finance?ministers met in Australia. The G-20 is a group of 20 economies such as rich countries such as the US and emerging markets for example Brazil, China and India.

Since the crisis of 2008, the G-20 has been the most important forum for directing global economic policy.

The final statement of their September meeting stated, We are mindful of the potential for a build up of excessive risk within financial markets, particularly in an environment associated with low interest rates and low resource price volatility.

A few days after the G-20 conference, a private think tank located in Switzerland called the International Center for Monetary and Financial Studies, ICMB, with strong links to major banks as well as government regulators, issued it’s so-called Geneva Report on the world economy, which it has done since 1999.

The latest Geneva Report said, Contrary to widely held beliefs, six many years on from the beginning of the financial crisis the global economy is not however on a deleveraging path. Indeed, the ratio of global total debt over GDP offers kept increasing and breaking brand new highs.

The report then procedes to warn about the poisonous impact of this debt today.

On 11 Oct, shortly after the Geneva Report release, the International Monetary Fund (IMF) issued its own warnings.

The mind of the IMFs most powerful policy panel said capital markets are vulnerable to financial Ebolas that are bound to happen

The IMFs final pr release said, Downside risks arise from elevated risk-taking amidst low volatility in financial markets and heightened geopolitical tensions.

Finally, while attending the same IMF meeting in Washington, the vice chairman of the Federal Reserve, Stan Fischer, cautioned that world growth may be weaker than expected, which could delay the Feds next transfer toward raising interest rates.

Put everything information together, the message doesn’t seem possible to ignore.

The worlds most powerful financial institutions as well as think tanks, the BIS, G-20, ICMB, IMF and the Fed are all warning about extreme leverage, asset bubbles, sluggish growth and systemic danger.

They are doing this publicly, as well as seemingly in a coordinated fashion, since all of these warnings were issued within 100 days from late June to early October 2014.

As if upon cue, the Dow Johnson index peaked on Nineteen September and then began the 700-point nose dive that ongoing through 10 October at the start of the IMF meeting.

The market briefly bounced back, but the volatility and nervousness has continued via today.

Are the global financial elites attempting to tell you something?

Actually, no.

All from the reports and press releases noted above are written in highly technical language and were read only by a fairly small number of expert analysts.

Some of these reports may have been picked up and mentioned briefly in the push, but they didnt make the front pages.

For you, such pronouncements are just much more financial noise in a flood of information that washes more than you every day on TV, stereo, the Web, in newspapers as well as in other publications.

The power elite were not signalling you they were signalling one another.

Have you noticed that government authorities, billionaires and major CEOs rarely seem to suffer when the economic climate collapses, as it does from time to time?

Its not a coincidence that its daily investors and middle-class savers that see their 401(k) company accounts and stock portfolios take a beating during collapses.

This is because the elites have inside info. They see the catastrophe arriving and warn each other to get out of the way in advance.

Not every millionaire is a full-time financial expert. A few made their money in telecommunications, social media, Hollywood or other endeavours.

But they do share tips as well as inside information at personal conclaves in Davos, Sun Valley, Aspen, Jackson Hole and other hangouts of the rich and famous.

They see trouble coming as well as scramble out of the broad stock exchange and into hard assets, art, cash, land along with other safe havens.

When the collapse arrives, they emerge from their financial bunkers to snap upward valuable companies that small investors have been panicked into selling at bargain-basement prices.

As soon as top notch institutions like the BIS and IMF start sounding the alarm, the actual smart money knows where you can hide.

These elite warnings function another purpose in addition to giving fellow elites a heads-up.

They insulate political figures and officials from fault after the crash.

When the fall comes, you can be sure the BIS, G-20, IMF and the rest will point to the statements I just told you about as well as say, in effect, See, we told you it was coming. Dont blame us if you didnt take action.

The warning continues to be sounded. The time for defensive action is now.

Regards,

Jim Rickards

Strategist, Strategic Intelligence

From the Port Phillip Publishing Library

Special Report: If you want to get ahead in this world, it pays to have powerful buddies in high places. With this particular new advisory, youll make one. The portfolio manager at the West Shore Group, and advisor on international economics as well as financial threats to the US Department of Defense. Jim Rickards is no ordinary financial newsletter writer.?And Strategic Intelligence is no ordinary newsletter (more)