10 Years of the VRA – 6 ½ Years of WMI
The Next Shoe is About to Drop

 Thursday, May 26 – 8 pm Eastern
+1 (605) 475-4445, access code 964#

Just over 10 years ago I began writing my investment updates, which became the Vertical Research Advisory (VRA). At first the updates were for my old Wall Street clients…mostly those that listened to me in 1999/2000 when, just as I was leaving behind a 15 year career, I recommended that they sell stocks and go to cash. What followed was the collapse of the dot-com bubble, and of course the shock and sadness of 9/11, followed by a very tough recession.

But the recession of 2001/2002 brought with it a great buying opportunity as scores of quality blue chip companies could be purchased at prices we would not see again for a very long time. Shortly thereafter, I also began recommending gold and silver and began calling China the “Chinese Miracle”. These forecasts allowed my growing list of subscribers to make a number of 100% + returns in the years to come.

Companies that are leveraged with debt are being taken down one by one. Most major Wall Street firms use leverage of 30-50 to 1. The US banking system uses leverage that even dwarfs this. The risks in the financial markets are as high as they have ever been. We are in very scary times folks…Wall Street’s Frankenstein has now spilled over into Main Street and there is a significant crisis of confidence in our government, in the Federal Reserve, in the overall economy and in our ability to deal with the coming serious recession (or worse). This is exactly why we have been positioning our Members into precious metals and energy and these remain safe havens even today.

Then, we witnessed the craziness that our government and money leaders were committed to, long term consequences be damned. Hence my warnings in July 2009:

For 8 years I have warned about the dangers of our global fiat currency monetary system...paper currencies backed by nothing of real value...along with the never ending issuance of debt in the US at all levels (government, corporate, state, and consumer) which combined, have bankrupted what was once the planet’s most financially powerful country in history. I have written extensively in these updates, and I have shared my concerns at conferences wherever WMI has traveled. In WMI's first m1 Masters Program (2005) we predicted essentially every event that has transpired. I have been consistent in this message with at least 90% accuracy.

With the government’s help we have allowed the FED to bankrupt our future, and in the near future (3 months or possibly even 3 years) we will learn that all of their manipulation was for naught, and that it actually made the situation 10 times worse than it would otherwise have been. Truly, our children and their children will read of our mistakes and wonder what the hell we were thinking. Why didn't we allow bankrupt companies to simply go bankrupt? Why didn't we allow the natural deleveraging process to take place? And why didn't we maintain a sound monetary system, backed by gold, which would have prevented all of this misery from happening in the first place?

Following Obama’s election I wrote a VRA update warning that this was “war,” meaning that I saw clear signs that the government, as led by Obama/Bernanke, would approach our economic situation just as the military would fight an enemy. And in war, we know that all is fair because the ends justify the means. Since that warning in 2009, it’s safe to say that this is exactly what we have witnessed. Now, the unintended consequences of these hyperinflationary acts are unfolding. As of today I am seeing a huge number of the same warning signs that I saw at about this point in 2008. Namely, the stock market and the global economy sending strong signals that reality is about to set in.

•  The housing market continues to implode, with price declines and new building permits approaching lows not seen since 2008/2009. As Wayne Allyn Root pointed out recently, this crisis is now worse than it was in the Great Depression with no signs of bottoming. Gary Shilling, the leading expert on the housing market, is now forecasting that home prices still have fall another 20% before we can even talk about a market bottom. The US banking system is simply a massive Ponzi scheme being kept alive on our backs (aka the US government). Should they ever again be forced to use honest accounting practices, EVERY major money center bank in this country would be declared bankrupt and their doors closed for business overnight. And that’s exactly what will happen before we reach a true bottom in this ever evolving Greatest Depression.

•  The other massive problem facing our economy is unemployment. Forget the official 9% unemployment rate…only suckers and pro-Obama defenders believe this bogus number. The real level of joblessness is in the 15-20% range. Unfortunately…very unfortunately…we are years away from a recovery in employment. What highlights the depth of this crisis is the fact that more than $15 trillion has been pumped into the US economy via stimulus, FED money printing, TALF, TARP, QE I, QE II (ad nauseum), and every imaginable form of government loan guarantee, yet employment numbers remain at Depression era levels. Historians will point to this one fact as major proof that Keynesian economics was nothing more than a massive fraud of an idea.

•  Internationally we’ve recently witnessed the economic failures of entire countries. Just so far we’ve seen the implosion of Iceland, Greece, Ireland, and Portugal, with Spain next on the docket. Over $1 trillion in freshly printed bailout money appears to have papered over the problem, but as they say, karma is a bitch. Again, the unintended consequences here will devastate the people of Europe. The riots we’ve seen so far overseas are nothing compared to what’s on the way. Mark my words, a big next shoe is about to drop in Europe, and with it the total collapse of the experiment that was the Euro and the European Union.

Finally, preparation to me has always included one major theme…individual freedom…an opportunity to control your own financial destiny by becoming an entrepreneur. This is why Karl and I founded Wealth Masters International in 2005; to provide an unparalleled master mind group …a global community unlike any other where like-minded freedom seekers join together to achieve massive success. The end result has been more than 35,000 Members in over 140 countries, twelve m2 Wealth Conferences and three m3 Private Wealth Groups…not to mention hundreds of WMI Sponsored domestic and global marketing events to share our unique message.

Urgent Global Update -Special Open Call
The Next Shoe is About to Drop

We will host an international call this Thursday night at 8 PM EST, and invite everyone interested in the REAL STORY about what’s coming next to join us. The coming one month to three years will bring a sea-change to the global economic landscape unlike any the world has seen before. For those who wish to survive and thrive in the years ahead, the time has come to deal with reality as it IS, not as we wish it would be. Get the straight story this Thursday night so you can be among those who are taking informed action. The largest transfer of wealth for mankind is underway…on Thursday night we will show you how to ensure you are on the right side of history.

- Kip Herriage
WMI CEO

 Call Details:

Thursday, May 26 – 8 pm Eastern
+1 (605) 475-4445, access code 964#