The year is 2024.
The global economy… and world-wide financial markets… have been all but decimated.
In 2018, the government shut the stock market down after the Dow Jones Index crashed to 3,500.
The President, with support from members of Congress and Wall Street said the shutdown would only be “temporary…”
That all things would return to “normal” soon enough…
But there was no turning back.
Once markets were closed they were never opened again. Liquid stocks were converted to private equity with no way to trade or cash out.
Everyday Americans suffered huge losses. Both in their brokerage accounts and their retirement accounts.
Along with the markets, the world-wide economy has been in a deep recession for nearly the past decade. Unemployment has skyrocketed. Commerce and trade have declined precipitously
Central banks thought they would solve the world’s economic problems simply by printing money. But that stopped working by 2018, when the Fed launched the seventh round of its money-printing program known as QE7.
Inflation quickly went to 10%... 15%... 20% and beyond before investors had time to react.
By 2019, all confidence in paper currencies had been lost.
Hyperinflation made money virtually worthless.
Everyday workers and retirees saw their savings, bank accounts, pensions and insurance policies turn to dust.
After blaming the private sector for the collapse, the government nationalized certain corporations in the name of “national economic security.”
Once vibrant private companies like Google, GE and Wal-Mart are now all government owned.
We’ve also suffered through electricity rationing, allowing us to use power only a few hours a day.
Social order has broke down. Supermarket shelves have run empty.
And wiped-out savers have broken out in money riots across the country.
Americans looted each other…vandalized government buildings… and set up black markets to barter for food, clothes and other necessities.
Local militarized police forces responded quickly on behalf of the power elites.
They cracked down on their communities using drones, armored vehicles, night vision technology, body armor and electronic surveillance.
Highway tollbooths and E-Z Pass lanes were used to spot any citizens who tried to flee by car.
Thousands of citizens were arrested and thrown in jail.
By 2020, major governments across the globe agreed to take unprecedented steps to fix the global economy.
First, they abolished most currencies, and announced a brand new international monetary system that would be based on a spooky new kind of world money.
To make their plan work, governments needed to control all alternative forms of money.
They abolished the use of cash and coin.
And after 2020, all transactions were digital and executed through a government administered system.
Sadly… as I write this letter in 2024… most Americans don’t even remember how we got here.
The entire process unfolded in small stages – like single snowflakes falling on the side of a mountainside… before an eventual avalanche.
Snowflakes so small that investors and citizens barely noticed… before it was too late.
Before the financial avalanche came crumbling down… and crushed their wealth.
Luckily, a few open-minded Americans saw the snow piling up. They were warned in advance of the coming financial avalanche. And they prepared their money… and their lives… accordingly.
Hi, Jim Rickards here.
What you just read was a fictional account of what I believe we could be faced with in the coming years.
I understand if you’re a little skeptical of the scenario.
After all, that’s probably not the future you would have imagined – or wanted -- for our nation… for our money… or for our children.
But unfortunately, after everything I’ve seen during my time inside Wall Street… inside the CIA… and inside the halls of the Pentagon… that’s the path America’s heading down.
This fictional scenario is based on events that are already taking place in America today.
And it’s my mission to show you what our future may look like… no matter how unpleasant it may be.
See, I’ve already helped high ranking members of the U.S. intelligence community prepare for financial catastrophes.
During a CIA strategic study called “Project Prophesy,” my work even predicted a massive terrorist event in London just days before the attack was carried out.
Luckily, Scotland Yard thwarted the attack. Hundreds of lives were saved.
I’ve also helped wealthy individuals by warning my private clients in 2006 about the coming global financial crisis.
To be blunt, I believe we’re about to face the worst financial crisis in the history of our nation -- perhaps within the next six months.
A crisis that will play out years from now – diving America into a deep recession for at least the next decade to come.
The stock market could plunge almost overnight 70% or more...
The US dollar could lose 80% or more of its value…
And one in every two American IRAs set ablaze…
The “too big to fail” banks are even bigger today than they were in 2008, when they almost brought down the global economy.
And the size of derivatives, the same instrument Warren Buffett once called “weapons of mass destruction,” are now worth more than $700 trillion.
That’s TEN times bigger than the entire world economy.
In other words, the feds can’t print enough U.S. dollars to backstop the financial markets if they blow up again.
There’s no “QE” program that’s big enough.
No printing press that could run long enough to pump that many new dollars out to bail out the system.
Put simply, this crisis will be too big even for the U.S. government to solve.
In this coming crisis, it’s the Federal Reserve that will need a bailout.
During private conversations, two members of the Fed have already admitted to me that the Fed is secretly broke.
This means the world will have to bail the entire U.S. financial system out.
And monetary authorities around the globe are already preparing for that day.
In fact, that’s exactly why a powerful group of 24 people who oversee the international monetary and financial system got together to design a new kind of world “money.”
And they already have a plan to use this “money” to replace the dollar as the world’s reserve currency.
Until now, this plan has been cloaked in secrecy… the monetary authorities know if word leaks out to the general public it would lead to a panic.
But I can’t sit still and watch this all pass…
Not without doing everything I can to warn people like you.
Which is why I'm hosting an exclusive LIVE intelligence briefing, where I’ll reveal all the details of this new “money” to a small group of people.
I’ll share with you exactly what I see coming.
How I expect this to play out.
And most importantly, a solution set that will help you prepare… and prosper… from the fallout.
I’d like to personally invite you to attend this rare online intelligence event. I’ll show you how in a moment…
But I’m getting ahead of myself. So let me back up a bit, and show you exactly how the dollar will crumble…
As I mentioned,
The Fed is secretly broke…
And this mysterious new currency will be used to bail it out.
When this happens, it’ll be the final nail in the coffin for the U.S. dollar. overnight, the U.S. dollar will lose its status as the global reserve currency.
Before you start guessing, this new “spooky” currency has nothing to do with Bitcoin, the Euro, the Chinese yuan or anything you may have heard from the mainstream media.
And it isn’t money you’re currently using.
Instead, it's an odd mix of many different currencies... all wrapped up into a single note that governments will use between each other.
In fact, you won’t be able to touch it or spend it at all. It's unlike anything we've ever seen before.
That's why I call it spooky new “money.”
But once this plan to replace the dollar with this new global currency is executed, the financial markets will plummet.
The value of your dollars will instantly drop overnight. Riots may break out when Americans can’t get cheap, easy access to all the things they’ve taken for granted…
Things like water, gas and food.
What’s worse, I believe this collapse could begin within the next six months.
And it’s this collapse that will be the big one.
To paint a picture of what I expect to come, I want you to imagine the start of an avalanche…
Imagine that there’s a mountainside that’s filled with snow.
Over the years, it continues to snow even more. And more. And more.
The snow accumulates.
Eventually, the situation gets very unstable.
One day, a snowflake comes along and lands the wrong way. The added pressure of this single additional snowflake begins to disturb the snow around it.
That disturbance soon gathers momentum, and the whole mountainside comes crashing down.
Years of built-up snow collapses. And it collapses very quickly.
All because of just one snowflake.
Sure, there have been millions of snowflakes that landed on this mountain over the years. But one single snowflake set the whole collapse in motion.
And that’s exactly where my intelligence tells me the financial markets sit right now.
For years we’ve added to the instability of our currency…
Debt piled on top of debt.
Bailout after bailout.
Derivatives on top of derivatives.
Now any one wrong move — any one financial snowflake — could cause the whole system to come crashing down…
That’s the “avalanche theory” in its most simplistic form. The key is to understand the theory, and then use it to predict what will happen during a financial avalanche…
Does it work as a predictive tool?
Take a look, and decide for yourself…
Using my unique avalanche-theory model, I began telling my private clients about a decline of the dollar and a sharp rise in gold prices in as early as 2002.
Take a look at what happened in the following years…
While the dollar lost a quarter of its value, gold went up almost 500%.
Later, in 2006, I warned my clients — some of Wall Street’s biggest players — of an impending financial collapse.
The few that listened had the chance to escape unscathed from the 2008 meltdown.
Now, we’re at a point in history when the snow has already piled up.
The snowpack is now extremely unstable.
We’re just waiting for a single snowflake to trigger…
I've already identified 30 financial “snowflakes” that could kick off the avalanche…
The chaos could breakout as early as just weeks from now. So we don’t have much time to prepare.
For now, here are just a few snowflakes I've identified…
Did you know the Islamic State has declared Pope Francis a target?
Jihadists have said recently they want to plant the jihadist black flag on top of St Peter's Basilica.
Intelligence agencies have even intercepted a conversation between two unidentified Arabs in which they discussed “doing something in the Vatican.”
And Habeeb Al Sadr, Iraq's ambassador to the Vatican, has confirmed that “[the Islamic State] wants to kill the pope. And I believe they could try to kill him during one of his overseas trips.”
The pope, who relies on minimum security, could suffer a terrorist attack during that trip…
This would trigger a religious war between Catholics and Muslims, much like the medieval Crusades and the original jihad of the Prophet Mohammed.
A major war would break lose in the Middle East. Oil fields would go offline, sending oil to $300. Higher energy prices would kill the economy, triggering a recession and sending the stock market crashing 50% or more.
China has now become Saudi Arabia’s biggest customer for oil exports.
The rapid growth of the Chinese economy combined with the declining needs of the United States for imported energy mean that the Saudi-China energy link will only become stronger in the years ahead.
Saudi Arabia feels betrayed by the U.S. détente with Iran and no longer feels obligated to maintain the petrodollar deal worked out by Henry Kissinger in the mid-1970s that required oil to be priced in dollars.
China has worked out swap lines with Switzerland that allow yuan to be swapped for Swiss francs. This means that if Saudi Arabia takes yuan for its oil, it can swap the yuan for francs, which is one of the most sound currencies.
Deals of this type, including the massive Russia-China energy deal announced in June 2014, spell the end for the dollar as the leading reserve currency.
China is also getting ready to launch its first crude oil futures contract denominated in yuan. According to Yang Maijung, Chairman of the Shanghai Futures Exchange, the contract for trading to begin may start this year.
This will give China greater influence in global pricing of oil, putting the petrodollar in danger.
The United States experienced major power grid collapses and blackouts in 1965, 1977 and 2003. And the next big one may be just around the corner.
U.S. utility companies already come under frequent attacks from Internet hackers. One company alone told congressional investigators that it was hit with 10,000 attacks in a typical month.
Former federal counterterrorism adviser Richard Clarke has warned that such an “electronic Pearl Harbor” could cause devastating damage and thousands of deaths across the nation.
And a recent report from the National Academy of Sciences said that attackers could cripple the U.S. power grid and cause cascading failures of equipment that could take months to fix.”
This would bring the entire economy to a screeching halt. Companies would lose hundreds of billions in profits, leading to a major collapse in the stock market.
Since virtually all stock trading is done electronically, stock exchanges would shut down.
Panic would take over and investors would withdraw their money from the market, accelerating the collapse.
Those are just a few of the “snowflakes” this I'm seeing right now.
The point is any of these — along with the 27 other snowflakes I've identified — could mean the death blow to the world’s financial system.
Any of these could set off a cascading set of events that would directly impact you… a financial avalanche of epic proportions.
The Fed wouldn’t be able to bail out the system… and the plan to replace the dollar with this spooky new “money” would be implemented.
The dollar would no longer be used for the important things in the international monetary system. For that reason, your dollars would be worth much, much less.
You could lose 80% or 90% of your savings... virtually overnight.
Any accounts you have in dollars — including 401(k)s, mutual funds and money market funds — could see a complete collapse.
You may not even be able to redeem your money, or pull any of your savings out of the system.
But here’s what’s really scary…
It’s not just the macro view I'm looking at. The data confirms that we’re dangerously close to a breakdown.
Today, volatility is extremely low. Take a look….
The volatility index is trading close to all-time low. And we’ve had this low volatility for the past few years.
Notice this looks very similar to 2005 and 2006, when a period of low volatility led up to the catastrophic collapse in 2008.
This is a warning sign that something very bad is right around the corner.
There’s also something called Skew/VIX ratio. I know this sounds really geeky. But don’t worry, I won’t bore you to death with the mathematical details. Here’s how it works…. when the Skew/VIX ratio is high, it means professional option traders are betting something big is going to happen soon.
Take a look at this ratio… it’s now trading at a record high level.
This shows that professional investors are already hedging their portfolio for a potential catastrophe.
Notice that ratio was extremely high in 2007. Professional investors were preparing for a catastrophe in 2007. This was clearly a red flag, right before the collapse.
And there’s a third sign that the end is near…
Margin debt is not only at a record high — it's also accelerating.
The higher the margin debt goes, the more likely a stock market crash becomes. We’ve seen this movie before. Take a look at this chart…
Notice that the last two severe market crashes, the dot-com bust of 2000 and the financial crisis of 2007–2008, were both preceded by sharp spikes in margin debt.
This happens because the market's foundation gets shakier and shakier when debt goes up. Debt increases the instability of the system. It makes an avalanche more likely.
Basically, when you borrow to buy stocks, and those stocks go down — you are forced to sell shares to pay back what you borrowed.
The bigger the debt, the larger the amount of forced selling on the way down.
This creates a vicious cycle where selling leads to more selling. And that’s what creates a quick collapse.
As you can see, the system is blinking red. The collapse could start at any moment. But there’s still time to prepare.
In a moment, I’ll share exactly what you need to do, including how to sign up for my upcoming exclusive live event.
Maybe you’re wondering why I’d go through all this work…
And why I wouldn’t just take the information I have and protect myself.
Why share it with you?
To answer that, let me tell you a very
personal story that explains everything…
Most people know me as the author of two New York Times bestselling books, Currency Wars and The Death of Money.
But few people know my real story…
When I was just a child, my family lost almost everything. I was 12 when my dad declared bankruptcy after our family’s gas station went out of business.
That financial hardship had a lasting impact on me.
It made me who I am.
And then, when I was 47 years old, I lost my wealth a second time. At the time, I was already a millionaire and the highest paid lawyer on Wall Street.
I invested most of my fortune in the company I worked for — the Long Term Capital Management fund.
After all, this was a fund run by two geniuses who had won the Nobel Prize in economics. They had IQs of 165 and were considered at the time the finest financial minds in the world.
I thought my money would be in good hands.
But eventually LTCM became a web of financial contracts worth a total of $1.3 trillion.
And the mathematical models blew up, causing a financial crisis in 1998.
I helped the Federal Reserve negotiate a bailout with 14 major Wall Street banks and saved the financial system.
But I ended up losing 92% of my investment!
It was time to start over, just like I did when I was 12.
After losing most of my wealth in matter of days, determined to get to the bottom of what had happened…
“How can the LTCM fund get it so wrong?” I asked myself.
I started thinking the financial models the fund was using couldn’t possibly be right.
Because if they were right, the fund wouldn’t have collapsed.
So I set out on a personal 10-year odyssey to solve the problem of risk in financial markets.
What I discovered was “the avalanche theory” that I mentioned earlier.
Put simply, I'm now on a mission to help everyday Americans cut through the deception we’re being fed from the political figures… and avoid going through the kind of hardship I went through.
That’s why I’m happy to a a special new project I’m calling Project Prophesy 2015…
And we’re kicking things off with a one-of-a-kind event…
I’d like to invite you to an exclusive live intelligence session on .
At the event, I will share the details behind all the snowflakes that are falling on our world economy… and show you what to watch for.
I'll reveal what exactly is this spooky new “money”… how it could replace the dollar as the world reserve currency... and how it could directly impact your retirement.
And most important, of course, I’ll share with you what you could do with your money to prepare.
I'll also br answering questions... live.
Please, just keep in mind I can’t give personal investment advice. But I'll tell you about the latest development in this coming crisis and how you should prepare.
Tickets to an event like this would normally cost a small fortune…
I normally charge $15,000 or more to speak at investment conferences.
But today you have the chance to join me in this live event… all free of charge.
And that’s just the beginning of the benefits of Project Prophesy 2015.
In fact, I’ve just launched a brand-new letter called Jim Rickards’ Strategic Intelligence, where I provide ongoing intelligence and recommendations.
This single letter will be the only place in the world to hear my analysis on an ongoing basis.
Once you agree to a risk-free trial of my letter, I’ll put you on the invite list to the online event on .
In fact, you’ll also gain instant access to a comprehensive action plan I’ve prepared called the Project Prophesy 2015 Intelligence Package. It will give you the real story and real solutions for the coming financial crisis.
It includes a set of intelligence reports to help you better prepare for what’s coming. With this information, you’ll know the exact kinds of investment opportunities to target and the ones to avoid.
People ask me all the time, “What could trigger the next crisis? What could be the snowflake that triggers the avalanche?”
My answer is always the same: “It doesn’t matter.”
Based on the “avalanche theory, what matters is the instability of the system.
You don’t worry about the snowflakes… you worry about the snow… and that it’s unstable and just waiting to collapse.
The next big crisis is not going to happen because someone will make a big mistake. The mistakes have already been made. The system is already unstable. We’re just waiting for the snowflake to trigger the avalanche
But in case you’re still wondering, I'm currently seeing at least 30 potential catalysts. I’ve never seen anyone write about some of these “snowflakes” before.
But in this special report, called 30 “Snowflakes” That Could Trigger the Next Financial Avalanche, I'll explain each one, telling you exactly what you need to watch for.
And there’s more…
Warren Buffett has publically criticized gold in several occasions, saying the yellow metal is useless. But when it comes to multibillionaires, you should watch what they do, not what they say.
And for the past few years, America’s greatest investor has been secretly betting against the future of the U.S. dollar.
In this intelligence briefing, I’ll walk you through Warren Buffett’s unique anti-dollar investment strategy.
More importantly, I’ll show you how you can replicate this strategy with five simple investment opportunities. This is the ultimate strategy for those who want to protect their wealth against a dollar collapse.
But you’ll also need to prepare for a stock market crash…
The third special report I have prepared for you is called Three Investments That Will Jump 100% During the Crisis.
In this intelligence briefing, I’ll tell you three simple “insurance” investment opportunities you can make to protect your portfolio against the coming meltdown.
For example, I’ll tell you about a unique investment opportunity that will protect you against a stock market crash.
In 2008, when the market collapsed this little-known insurance investment opportunity actually went UP 754%.
I’ll also tell you about a unique gold investment opportunity that will protect you against a dollar collapse. It has nothing to do with ETFs, bars, coins, options, mutual funds or investing directly in gold miners.
Yet, it has managed to beat all those types of gold investment opportunities.
For example, this year alone it’s up 20% already, even though gold has barely moved.
When gold moves to $7,000 an ounce, like I expect this investment opportunity to go up more than 500%.
Finally, I’ll tell you about a unique “insurance” strategy that lets you collect hundreds and even thousands of dollars at a time, almost instantly.
It can generate five to 10 times more money than dividend stocks or bonds… even during market turmoil.
Surprisingly, this secret has nothing to do with buying bonds, mutual funds, ETFs or options.
And yet, it allows you to collect anywhere from as much as $515 to even $3,525 or more… every single month.
You will find all the details of these three “insurance” plays in this intelligence briefing.
In the final report I’ve prepared, I write to you straight from the year 2024. I’ll tell you how our nation looks like in the future.
I don’t have a crystal ball, but I know what’s going on behind the scenes… I have access to information that comes from deep inside the halls of tTreasury, the Fed and the national security community.
For example, I know our own government has begun emergency preparations for a complete collapse of the U.S. Dollar.
Not just a collapse of Wall Street – like the one we saw in 2008 – but a complete collapse of the entire American way of life.
And it’s not just the U.S. government.
The International Monetary Fund has also issued a special report to governments around the world.
The report prepares for life after the dollar’s collapse.
And once this collapse happens, nothing will ever be the same again.
But how exactly will the biggest financial crisis in history change our nation?
How high will gold go?
Will it be confiscated?
What will happen to your bank account… your retirement… your freedom… and your way of life?
This report has the answers. It paints a detailed picture of the future, so you act accordingly right now.
It’ll also tell you about a unique investment opportunity you can make to prepare for the coming collapse.
It’s completely outside the stock market. And I expect it to go up more than 475% during the meltdown.
So to sum it all up, you’re invited to participate in this special Project Prophesy 2015.
With your permission, I’ll send you a free copy of everything we’ve mentioned so far.
Intelligence briefing #1: 30 “Snowflakes” That Could Trigger the Next Financial Avalanche
Intelligence briefing #2: A Secret Anti-Dollar Strategy Inspired by the World’s Greatest Investor
Intelligence briefing #3: Three Investments That Will Jump 100% in the Next Crisis.
Intelligence briefing #4: America: 2024.
You will receive this package once you agree to a risk-free trial of my exclusive new letter…
Even though I constantly appears on everything from CNBC to FOX and CNN, there’s been a serious problem…
Those venues don’t allow me to share my most sensitive money-making moves.
And that’s important, because today we have a very fluid situation…
Things are volatile, and the market can change very quickly.
So I've been looking for a venue where I could guide my readers on an ongoing basis as this crisis unfolds, telling them where to invest and how to avoid the pitfalls.
That’s why decided to launch Jim Rickards’ Strategic Intelligence.
My mission in this brand-new letter is to help people prepare for the coming dollar collapse and avoid the kind of headache my family and I experienced firsthand.
In this monthly publication, I'll write directly to you keeping you up to date on how this plan to replace the dollar is unfolding.
I’ll warn you about the potential “snowflakes” that may trigger the “avalanche.” And give you specific investment recommendations and wealth-protection strategies that will help you grow your wealth even during the meltdown.
Until now, I have only provided this kind of service to my high-net-worth clients and members of the U.S. intelligence community.
But with Rickards’ Strategic Intelligence, you too will have the opportunity to hear my best ideas on an ongoing basis.
And it’s important to note, this will be the exclusive place to receive Rickards’ monthly issues and alerts. This new letter will not be available anywhere else in the world, at any price.
I strongly suggest you claim your intelligence package today.
Because, there isn’t much time left to protect yourself. The meltdown could start within the next six months.
The end of the international monetary system is imminent, and it will wipe out millions of unprepared Americans.
Since you’ve read my letter this far, I’m confident you’ll do the smart and prudent thing… and you won’t be among the millions of citizens who will hit rock bottom when the dollar collapses.
I sincerely hope you’ll join me.
To become among the few who will get exclusive access to my first ever live online event… and learn how to claim your free Prophesy 2015 package, simply click the button below.
Thanks for reading this important letter.