Gold and Energy Advisor
Gold and Energy Advisor's Real Wealth

Real Wealth #216  02/11/2009



It's not working, Obama's miss steps will have a serious impact on the value of the U.S. Dollar!

 

Dear Gold & Energy Advisor Subscribers,

 

Tearing a page out of the Bush Administration’s play book, the Obama Administration has adopted the philosophy that if you’re against the “economic stimulus” and don’t agree with the President’s approach to restoring solvency to the nation’s banking industry, then you’re against the President and his efforts to save America. This is hardly the change promised during the campaign.

 

The fact is that while I didn’t vote for President Obama I’d really love to see him succeed, but I’m not blind to the clear missteps he and his Administration are making on an almost daily basis.

 

The U.S. economy will continue to contract, unemployment will continue to rise, and business bankruptcies will continue to swell if the administration doesn’t immediately come up with a clear and cogent approach to home foreclosures. Housing is clearly the bed rock of the U.S. economy and unless that is stabilized soon – we’re likely going to see things get much worse.

 

Fixing the housing market has to begin with putting an end to “mark to market” and enforcing a mandate to banks that have and are accepting money from the Federal government to exhaust every effort to modify home mortgage loans. Had this been done when the sub-prime debacle started to emerge we may well have had to commit less than $2 trillion to heading off the current recession.  

 

Eventually the Obama Administration and Congress will realize stabilizing housing with aggressive loan modification legislation, but only after we’ve seen two or even three more very expensive efforts to stabilize the banking sector and stimulate the economy in other ways.

 

The delay in addressing the real problem will mean we’ll see the U.S. on- and off-the-books national debt swell over $24 Trillion dollars.

-----------------------------------------------------------------

Buy Physical Gold Now!

Place Physical Gold in your IRA

Call Finest Known, Inc.

1-866-697-4653

-----------------------------------------------------------------

 

On Friday, I cautioned that gold’s move below $900 an ounce was temporary – fake out.

 

Gold is now up more than $50 since that heads up. Gold is going to climb steadily as the banking sector sees more failures, the economy deteriorates, and the Trillions of U.S. Dollars, Pounds, Euros, Rubles etc... are created and used by governments to jumpstart the world economy. A flood of paper will mean $2,000 even $5,000 gold.

 

Yesterday, I recommended my Gold & Energy Options Trader service which was up over 185% in 2008 and has been piling on profit after profit. This morning, my subscribers received a sell recommendation on an option trade we made just 9 days ago – whopping 70% win in just 9 days.

 

This demonstrates exactly the kind of leverage and power my staff and I are delivering in this horrible stock market.

 

Okay, I don’t have a CNBC TV show and I’m not a celebrity analyst, but none of that matters. What really matters is the profits that land in your pocket. All the rest is posturing and hot air.

 

I’ve been buying and selling precious metals and providing expert advice on the energy and broader equity market for more than two decades. It’s how I can deliver profits of 70% in just 9 days.

 

Take a subscription today, we’re limiting this service for the time being to just 1,000 subscribers; and frankly, we’re getting close to the point that I think we will be sold out.  Click here and read all about Gold and Energy Options Trader .

 

Best Wishes,

 

James DiGeorgia

Please see risk disclosure link below.