DAVID BABINEAU, MONEYWISE STAFF REPORTER
Will President Trump issue a brand-new national currency?
According to New York Times bestselling author and millionaire currency expert Doug Casey, the answer is yes.
In fact, according to Casey, if you have any money stashed in a U.S. dollar-denominated account like a savings account, you need to immediate measures to protect your money today.
Casey-and the unusual “think tank” he heads-has consistently called, with shocking accuracy, some of the world’s biggest events over the past four decades.
For example, in the 1980s, Japan was thriving.
Japan: “The Short of the Century”
It was one of the fastest-growing economies in the world…and Japanese stocks were on a tear.
But in 1987, Casey and his prescient group called the Japanese stock market “the short of the century.” And just a couple years later, the Nikkei Index began its huge downward spiral, losing 75% of its value…and leaving those who were unprepared in the dust.
Gold’s Epic Rally… When It Was Trading at Just $259/oz.
Shortly after, Casey’s group announced that internet stocks were about to fall off a cliff…they turned their attention to the massive opportunity in gold.
In 2001, they publically stated: “I think the price of gold is at the bottom, and over the next few years, it’s not just going through the roof… but to the moon.”
Gold was trading for just $259 at the time. It eventually rocketed to $1,900.
Internet Stocks: The “Graveyard of His Capital”
In 1999, while the Internet continued to be a boon for Americans, Doug Casey predicted that internet stocks were on their way down…
He wrote: “The Internet will be the savior of the common man in so many ways, but internet stocks will be the graveyard of his capital.”
In November of 1999, he continued with: “Almost every one of the Internet stocks is a burning match.” Casey warned of a huge meltdown among the survivors, with many companies disappearing totally.
Just a couple months later, the dot-com bubble blew up and wiped out trillions.
And Amazon, one of the few survivors, ended up crashing 93% over the next 18 months.
The Bursting of the Real Estate Bubble in 2006
Back in August 2005, in an essay titled “Profiting from the End of Western Civilization,” Casey went on record by claiming that what was taking place in the residential real estate market was a disaster waiting to happen…
Here’s what he wrote:
-Doug Casey, August, 2006
Once again, he proved that his warnings are not to be taken lightly…
Housing prices started their epic decline in 2006 and 2007. On December 30, 2008, the Case-Shiller Home Price Index reported its largest price drop ever.
It ended up being the worst housing crash in U.S. history.
A Major Terrorist Attack in 2001… “It’s Simply a Question of When”
On July 23, 2001, Casey also predicted that Islamic terrorists would attack key buildings in New York either by car or plane.
Less than two months later, the 9/11 attacks happened.
What’s Coming Next Will Shock You…
In a recent interview, Doug Casey just released his latest and potentially most controversial prediction to date.
In short, he believes President Trump will be forced to enact a new currency law… one that will see the introduction of a new kind of money for the American people… one that will drastically slash the savings of hard-working folk and will also mark the end of financial privacy in the U.S.A.
This new currency law could lead to…
- A novel way the government could DIRECTLY (and AUTOMATICALLY) take their taxes from your account…
- Total control over what you can and can’t buy (as you’ll see in the interview, this is already happening for certain groups of people in America)
- A scary “Social Security 2” where every American-regardless of age-would be put on the government’s dole
- A shocking currency ban that has nothing with gold
- As well as a confiscation of your money via a new type of “savings account tax.”
American entrepreneur and #1 New York Times bestselling business author Robert Ringer has called Doug Casey “one of the great prophets of our time” and Phil Donahue once devoted a full 60-minutes show to Casey’s work. What follows could be one of the most important predictions in his career.
If you are an American citizen or have any funds in U.S.-denominated accounts, you’ll want to take a look at the scathing proof Casey has found in support of this coming potential currency law. Already, a similar currency change is being developed in at least 3 other leading nations.