-->Dear Daily Reckoning Reader,
Five months after Black Monday - Executive Order 12631 was quietly signed into law. Today, it's about to explode in the face of millions of investors...
This Executive, (signed without media coverage or fanfare), led to the formation of a closely-knit and secretive group of political and financial titans.
This Team includes none other than Fed Chairman Alan Greenspan, the Secretary of the Treasury, and the heads of the SEC and the Commodity Futures Trading Association. It also works closely with the heads of the various stock exchanges and the big Wall Street banks including: Citibank, JP Morgan Chase, Goldman Sachs and Merrill Lynch.
The group is now known on Wall Street today as the"Plunge Protection Team".
This tight little frat team's role is to ensure that a Black Monday scenario never occurs again.
Yet despite its enormous resources it has only succeeded in bringing about the very disaster it was supposed to avoid. It helped turn the bull market into a bubble...and the bear market into a bomb-like bust. Worse, the damage it's caused has only just begun...
In this special report you'll learn about the most closely guarded secrets of the"Plunge Protection Team" (PPT). You'll learn how they've begun to engage in dangerous and possibly illegal measures that could jeopardize the financial futures of millions of unsuspecting Americans.
But you'll also learn about a powerful age-old financial device that can protect you from the coming economic turmoil. Plus you'll learn how a hand-full of well-informed investors have used this device to rack up extraordinary gains in the past few years - whilst millions of Americans watched their retirement dreams get washed away.
This group have not only been preserving their capital against a falling dollar and a collapsing economy - but they've been racking up extraordinary gains of 658%...193%...158%... and more - simply by capitalizing on lucrative investment opportunities outside the U.S. markets and the Wall Street way of thinking. Problem is, the average American investor doesn't even know these opportunities exist...
That's why I'm writing to you today...to introduce you to these little-known investments and strategies. (Until recently many of them were almost exclusively enjoyed by the super rich. Today I'll show you how you can take advantage of them too).
My name is Robert Bauman. I am a former member of the U.S. House of Representatives. Through the years I've seen a lot of changes in Washington. I was a 15-year old Page Boy when I witnessed Dwight Eisenhower's first State of the Union address. And I was a 35-year-old Congressman when I heard Richard Nixon deliver one of his last speeches. I've lived through 40 years of State of the Union addresses. But I've rarely seen anything like the economic mess America is in today. Frankly it's terrifying. Add to this an unending war on terrorism - and it could be a recipe for sure disaster.
In a moment I'll tell you about exclusive investment opportunities that can protect you from this disaster...but first let me tell you why it's absolutely urgent you take advantage of theses opportunities NOW...
Buyer Beware: The Rallies are Rigged
In the past few years there have only been three major long-term rallies. They began on September 17, 2001...July 24, 2002...and October 7, 2002...
On each of these dates a number of curious events occurred...
The markets opened and the indices began plunging recklessly...But by early afternoon it was if the angels had arrived...and the markets were brought back from the brink of collapse...
Each time a large unnamed buyer in the futures market secretly swept in and bought up massive quantities of S&P future contracts - making reckless bets that the S&P would go up - even though it was obvious that it was going to fall. This is a sure way to get rid of a lot money - very quickly. However, because such a large amount of money was wagered on the S&P's rise - it was actually enough to reverse the market's fate.
This simple trick was first suggested by Robert Heller - a Federal Reserve Governor - in 1989 (the year after the creation of the Plunge Protection Team). He argued that it would be an easy way to rig the markets...
The move (so far) has successfully brought the markets back each time...even so much as to completely reverse the market's fate and transform the crisis into a rally...further propping up the already way overvalued indices...
Don't believe the Plunge Protection Team could engage
in such"unconventional" measures?
The PPT Rallies: Blatant manipulation of the highest order:
On each of these dates the markets were plunging precipitously. Then a huge unnamed buyer secretly came in and bought up large amounts of S&P future contracts...reversing the market's fate and transforming the crisis into a false rally...
One of the rallies began after the September 11 terrorist attacks. The markets managed to show an astounding rise for 3 to 4 months proceeding the attacks. The U.S. media called it a"patriotic rally". The European Press (more accurately) called it a"PPT (Plunge Protection Team) rally". Another rally began on July 24, 2002 amidst the shocking news of the unprecedented corporate accounting scandals - an event that should have sent markets spiraling. The European Press again referred to it as a"PPT rally".
What's more, at the Federal Open Market Committee meeting held on Jan 29-30, 2002, the Fed pondered using"unconventional methods" to stimulate the economy. Even more shocking: earlier this year The Financial Times (London) quoted a Fed official, who did not want to be named, as saying one of the extraordinary measures considered in January was"buying U.S. equities".
Get out of U.S. stocks NOW...
Before these rigging adventures turn into a complete economic disaster...
Instead of protecting you...Washington and Wall Street managed to blow up one of the greatest economic bubbles in stock market history. They trumpeted the glories of the"New Economic Era"...hailed the stock market and mutual funds as the greatest place to put your money...rushed through new banking laws that deregulated the banking system...paving the way for all the broker and corporate accounting scandals that we are still seeing on Wall Street today. Investment houses were allowed to push stocks that they were privately underwriting...and brokers got rich off commissions, while people like you and me were encouraged to stay in stocks until the shares were practically worthless.
And this law was pitched to us as"reform".
Wall Street was geared toward inflating the bubble. Everyone was shouting"Buy...buy...buy!" And many of the top names in finance were behind it.
Now they're desperately trying to engineer a soft landing. Unfortunately, it's too little...too late...Trillions have vaporized off American markets. Consumer debt has reached a staggering $1.78 trillion, mortgage repayment delinquencies are reaching all-time highs...and the national debt continues to soar...
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--><p align="center"><font color="#000080" size="6"><strong>A Special Announcement
from
<em>The Daily Reckoning</em></strong></font>
<p align="right"><font size="2">A Special Report From
Hon. Robert E. Bauman
Former Member, U.S. House of Representatives (J.D.)
</font>
<p align="right">
<p align="center"><font size="5">Washington's Dirty Secret
- that even the Media Establishment won't touch
</font>
<p align="left">On each of these dates the markets were plunging precipitously.
Then a huge unnamed buyer secretly came in and bought up large amounts of
S&P future contracts...reversing the market's fate and transforming the
crisis into a false rally...
</div>
<p align="left">One of the rallies began after the September 11 terrorist
attacks. The markets managed to show an astounding rise for 3 to 4 months
proceeding the attacks. The U.S. media called it a"patriotic rally".
The European Press (more accurately) called it a"PPT (Plunge Protection
Team) rally". Another rally began on July 24, 2002 amidst the
shocking news of the unprecedented corporate accounting scandals - an event that
should have sent markets spiraling. The European Press again referred to it as a
"PPT rally".
<p align="left">What's more, at the Federal Open Market Committee meeting held
on Jan 29-30, 2002, the Fed pondered using"unconventional methods" to
stimulate the economy. Even more shocking: earlier this year The Financial
Times (London) quoted a Fed official, who did not want to be named,
as saying one of the extraordinary measures considered in January was "buying
U.S. equities".
<p align="center"><font color="#ff0000"><font size="5">Get out of U.S. stocks
NOW...</font>
Before these rigging adventures turn into a complete economic disaster...</font>
<p align="left">Instead of protecting you...Washington and Wall Street managed
to blow up one of the greatest economic bubbles in stock market history. They
trumpeted the glories of the"New Economic Era"...hailed the stock
market and mutual funds as the greatest place to put your money...rushed through
new banking laws that deregulated the banking system...paving the way for all
the broker and corporate accounting scandals that we are still seeing on Wall
Street today. Investment houses were allowed to push stocks that they were
privately underwriting...and brokers got rich off commissions, while people like
you and me were encouraged to stay in stocks until the shares were practically
worthless.
<p align="left">And this law was pitched to us as"reform".
<p align="left">Wall Street was geared toward inflating the bubble. Everyone was
shouting"Buy...buy...buy!" And many of the top names in finance were
behind it.
<p align="left">Now they're desperately trying to engineer a soft landing.
Unfortunately, it's too little...too late...Trillions have vaporized off
American markets. Consumer debt has reached a staggering $1.78 trillion,
mortgage repayment delinquencies are reaching all-time highs...and the national
debt continues to soar...
<p align="left">
<table cellSpacing="5" cellPadding="5" width="96%" align="center" border="0">
<tbody>
<tr>
<td vAlign="top" width="40%" bgColor="#cccccc" height="1035">
<div align="center">
<p align="center"><font face="Arial" size="2">Don't believe the
Plunge Protection Team exists?
</font>
<p align="left"><font face="Arial" size="2">Take a look at these
tell-tale reports from the popular press...</font>
</div>
<font face="Arial, Helvetica, sans-serif" size="2">On February 23,
1997 The Washington Post published an article
acknowledging the existence of the Plunge Protection Team. This was the
first article ever to feature a story in the mainstream press on this
secret government team.</font>
<font face="Arial, Helvetica, sans-serif" size="2">On April 5th 2000 The
New York Post online reported:"...something happened at
around 1.00PM our time yesterday that pulled the stock market back from
the edge of the cliff...one minute the NASDAQ was down 11%...and then it
suddenly rallied several hundred points in the matter of an hour".
Once again - someone started buying large amounts of stock index
future contracts through Goldman Sachs and Merrill Lynch - though
neither brokerage firm (the article admitted) would comment on who made
these purchases. The article later admitted the existence of the
Plunge Protection Team.</font>
<font face="Arial, Helvetica, sans-serif" size="2">On October 13,
2000 The Sydney Morning Herald in an article
entitled"Angels from on high drag markets to safer ground"
sited a classic case of"divine intervention". It was
Wednesday October 11th...the Dow Jones Industrial Average plunged 435
points (4.3%) and the NASDAQ plummeted 187 points (5.8%) in the first 10
minutes of trading. Then as the article stated"the angels arrived".
The market rebounded miraculously. The DOW only ended 1.7% down for the
day and the NASDAQ was down just 1.32%. The next day the markets rallied.
The thing is, nobody knew why. Traders were stunned at the turnaround. What
was clear is that the reversal was engineered in the futures market.
It took a lot of heavy buying by the major Wall Street Houses to bring
the market back that day - but no one would reveal the source of the
buyers.</font>
<font face="Arial, Helvetica, sans-serif" size="2">The Guardian
reported on Sunday September 16th, 2001 - 5 days after the
September 11 terrorist attacks -"...that a secretive
committee...dubbed 'the plunge protection team'...is ready to coordinate
intervention by the Federal Reserve on an unprecedented scale. The
Fed supported by the banks, will buy equities from mutual funds and
other institutional sellers..."</font>
<font face="Arial, Helvetica, sans-serif" size="2">A New York
Post writer had a telephone conversation with a very worried Fed
official on September 17, 2001 - the day the stock markets reopened
after the terrorist attacks. They discussed how the Fed could easily
intervene in the market by purchasing stock index future contracts - as
it's an inexpensive and apparently foolproof way of rigging the market
without leaving a trace.</font>
<font face="Arial, Helvetica, sans-serif" size="2">An article in The
Financial Times on Feb 21, 2002 about Japan's Stock Buying Body
and the Plunge Protection Team commented that it was..."Arguable
the PPT's motions helped quell the tides in September." They later
said that"...government backed equity markets, as Japan has
recently become aware, do not work...Plunge protecting the world's
markets may be a hazardous pursuit."</font>
</td>
<td vAlign="top" width="60%" height="1035">
<p align="center"><font color="#ff0000" size="4">How to Shock-Proof
Your Wealth Against Economic and Geopolitical Disasters</font>
<p align="left">These are dangerous times. We are ruled by a government
obsessed with the short-term - showing flagrant disregard for the
long-term. This puts us all in jeopardy - every single American. And the
more invested in America you are, including real estate, bank accounts,
stocks, bonds and the once rock-solid American currency - the more
trouble you might be in.
<p align="left">But I'm writing to tell you that you don't need to get
caught in the aftermath of a giant economic or geopolitical disaster.
There are ways out of this. Ways that are safe, easy
- and enormously profitable. But you won't find
them by following the Wall Street mindset or by following the crowd
mentality.
<p align="left">That's why I want to introduce you to a small group of
Europeans and Americans, including many millionaires. They call
themselves The Sovereign Society. And they have long abandoned the wild
Wall Street approach to investing. Many of the strategies and
investments they've tapped into are rarely even discussed - let alone
accessed - by the young brash brokers on Wall Street. Since March 2000 -
when major indices have plunged the globe over - they've been making
extraordinary gains - outside the American market and the Wall
Street way of thinking. What's more they've done it effortlessly.
<p align="left">They are not, however, some fly-by-night investment
"gurus" pushing the latest Wall Street stock. In fact, it is
this very type of advice that they are against. It's this type of advice
that helped contribute to the great financial mess America is in. On the
contrary they combine simple time-tested strategies with other
alternative investments like special types of funds, foreign annuities,
foreign currencies, precious metals and global
</td>
</tr>
</tbody>
</table>
<p align="left">By capitalizing on these trends The Sovereign Society has been
able to make some very impressive gains - very easily. Last year they saw
annualized gains of 193%, 158%, 105% on our global gold stocks...62% on one of
the world's top-performing mutual funds...25% on precious metals...Plus they saw
656% gains in just a few short months on a simple currency bet...And they saw
ultra-safe conservative gains on every offshore hedge fund we picked last year -
and this was at a time when the vast majority of
<p align="left">The problem is many of these alternative investments are not
available in the U.S. As a result, the majority of American investors have
missed out on some of the world's most profitable opportunities. For example,
one of the world's best-performing mutual funds in the past five years was
Gresham House Investment Trust - up 688%. But as this fund is managed offshore
it is"off-limits" to most Americans. But there is a way you can
legally access these opportunities. It's a method that until recently was mainly
enjoyed by the super rich...
<p align="center"><font color="#ff0000" size="4">How to Turn the Tables on
Wall Street...
And Invest Like the Super Rich!</font>
<p align="left">The easiest way to gain instant, legal
and unrestricted access to this whole other world of
lucrative investment opportunities is by having an offshore bank account.
<p align="left">As a member of The Sovereign Society one of the most
extraordinary and powerful benefits you'll receive is the opportunity to open up
one of these very accounts. In fact, through The Sovereign Society's powerful
array of global contacts, they've already arranged to have a number of these
accounts especially reserved for you. They are waiting for you at three of
Europe's leading private banks. The banks rank among some of the world's
oldest and strongest financial institutions. And they are situated in the
world's leading financial havens: Switzerland, Austria and Denmark.
<p align="left">Historically these places are the traditional havens of choice
in times of economic uncertainty. The currencies, companies and investments in
these places are soaring at the moment - as the world's money floods into them
in search of safety and profits.
<p align="left">What's more in these havens accounting practices, investment
banks and money managers are so tightly regulated, that the accounting frauds,
number-fudging and broker scandals that are still breaking out on Wall Street
today rarely, if ever, occur here. Their strict practices, strong institutions
and experienced advisors make Wall Street look like the Wild West. You can be
comforted knowing that your money will be growing safely and steadily - away
from rigged markets, a crumbling economy, a crashing dollar, rogue traders,
corrupt Wall Street brokers and the self-serving institutions they work for.
<p align="center"><font color="#ff0000" size="4">Access to a Whole New World
of Financial Opportunity</font>
<p align="left">In addition to being able to monitor and access your account
online...you'll be able to:
<div align="left">
<ul>
~ Access a whole new world of global investment opportunities...including
each one of the lucrative investment opportunities I'll tell you about in
this letter. (A benefit most Americans will sadly never know).
~ Trade stocks, bonds, mutual funds, CDs, precious metals and currencies
on markets everywhere...
~ Employ Nobel Prize nominLarry Grossman: One of only 1500 American
financial advisors who have been awarded the prestigious designation
of Certified Investment Management Analyst from the top Wharton School of
Business.</li>
</ul>
</div>
<ul>
~
<div align="left">
<b style="mso-bidi-font-weight: normal">Mark Nestmann:[/b] International
tax and asset protection expert and author of <i style="mso-bidi-font-style: normal">How
to Achieve Financial Privacy in a Public Age [/i]and<i style="mso-bidi-font-style: normal">
Asset Protection 2000.[/i]
</div>
~
<div align="left">
<b style="mso-bidi-font-weight: normal">Mary Ann and Pamela Aden[/b]: Two
of the world's foremost currency analysts. For the past few years their currency
recommendations have been helping members preserve their capital from a
falling dollar.
</div>
~
<div align="left">
<b style="mso-bidi-font-weight: normal">Peter Zipper, the Senior Vice
President of Anglo Irish Bank - one of Austria's oldest and strongest private
banks. [/b]
</div>
~
<div align="left">
<font size="3"> <b style="mso-bidi-font-weight: normal">Robert
Vrijhof: top Swiss banker and money manager. [/b]</font>Mr. Vrijhof has
held senior positions with some of the top banks in the world, including
Credit Suisse and Foreign Commerce Bank. From Robert you'll learn about some
of Switzerland's strongest and best-valued companies and investments.
</div>
~
<div align="left">
<font size="3"> <b style="mso-bidi-font-weight: normal">Marshall
Langer,[/b] <b style="mso-bidi-font-weight: normal">one of the world's
leading international tax attorneys[/b] who authored the two definitive works
on international tax planning."</font>
</div>
<ul>
</ul>
<p align="left">These people are masters in asset preservation. They will
act as your own Plunge Protection Team. They will look out for you...open
doors for you...and steer you safely and profitably through the volatile
times ahead...
<p align="left">You're probably thinking that access to these advisors is
going to cost you a small fortune. But don't worry. It's not.
<p align="center"><font color="#ff0000" size="4">You can access them all
- for less than the cost of a single consultation!</font>
<p align="left">Through our special private monthly advisory letter called The
Sovereign Individual you'll gain access to this unrivalled team of
financial and professional advisors. In The Sovereign Individual you'll
find the hottest global gold stocks, oil stocks, alternative funds, currency
investments and precious metal investments. You'll also find out about
private banking strategies, computer privacy techniques, offshore tax havens,
second passports, global business opportunities, offshore e-commerce
strategies, asset protection techniques and many other things related to the
offshore financial world. Offshore investment advice is just one part of The
Sovereign Society. Our global network of contacts scour the globe each month
for the finest opportunities the world can offer you...opportunities that
can make your life richer, safer
and better.
<p align="left">And in The Sovereign Individual, we aren't
afraid to tell it as it is. You won't get the regular spin from the elite
controlled popular press...we aren't afraid to step on people's toes. In
fact, we step on
<p align="left">Plus while the U.S. stock market is crashing - you can be
racking up huge gains - offshore! Because when stocks slide - hard
currencies, commodities, alternative funds and precious metals - will soar.
You can be positioned to profit - big time - from any disaster the future
may have in store for you! It's a win-win portfolio...and a completely new
way of organizing your finances that the average American mutual fund
investor will never know.
<p align="left">You will not only survive through the volatile years
ahead...but you'll thrive. Your wealth will stand tall against whatever
shocks and surprises the world throws at it. While terrorist attacks, wars,
broker scandals, accounting scandals and economic disasters break out in
America - you can be sitting smug far removed from the evils of Wall
Street...racking up huge gains offshore...
<p align="left">I look forward to sharing and profiting with you in the
fascinating months ahead! Join us now by clicking on the link below.
<p align="left">Faithfully Yours,
<p align="left">
<p align="left">Robert E. Bauman, JD
The Sovereign Society
<p align="left">P.S. The government has stolen our Social
Security...manipulated markets...defrauded the public...and now the U.S.
economy is teetering precariously on the surface of the greatest economic
bubble in history. But there's no reason you have to get caught in the
aftermath of a giant economic or geopolitical disaster. There are markets
out there that aren't rigged...in countries whose economics are
sound...where you can be making easy gains - simply by taking advantage of
obvious economic trends: 62% on one of the world's top performing funds...
193% on global gold stocks...658% on simple currency bets. All these profits
and more await you - outside the U.S. markets and the Wall Street way of
thinking. Start capitalizing on them today!
</li>
</ul>
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