Hand out all of the $700 billion, or risk a severe recession. That's the choice Fed Chairman Bernanke and the President-elect Obama new economic team face.
It's really a choice between avoiding a depression or inflaming tomorrow’s inflation. Since the $700 billion will surely be spilled into the economy in one for or another, it will definitely cause inflation.
For investors like us, the choice is especially grim. Inflation will shrink the value of your money, your stocks, and your bonds. On the other hand, a recession/depression could lead to deflation, in which the value of all your assets shrink.
I don't know for certain which nightmare scenario to expect, (though I lean towards inflation). But I do know an easy way for you to protect your savings from both possibilities, and make very hefty profit over the next few years, regardless what Congress decides.
The way to protect yourself is with gold – the one asset that can thrive in both deflation and inflation. Gold prices have tripled in the past decade, and they're just getting warmed up.
But guess what, there's something even better...
You see, right now some gold miners are incredibly cheap. But once Congress' decision starts impacting on the economy, and gold prices enter the next phase of their bull market, these stocks will start to play catch-up.
As it happens, I've now zeroed in on one gold stock with truly outstanding potential. It is the world's largest primary gold producer, and its output is rising very quickly. More importantly, this company produces gold for far lower costs than most, which means it would remain very profitable even if gold prices dipped a little.
It also means that every increase in the price of gold goes straight to this company's earnings.
Whatever happens from now on – whether inflation, deflation, recession, or stagflation – this company's shares will offer you protection and profits.
Best of all, the stock is particularly inexpensive right now – but it won't stay cheap for long, especially if gold prices continue recovering from their recent low.
I wish I could include this stock in your next issue, but unfortunately, I suspect by the time it comes out the stock will be nowhere near as cheap.
If you want to get it now while the price is still low, you need to act fast.
If you don't mind snapping up bargains the moment they arise, and would like to learn about this and other low-priced shares with outstanding potential, I have a special service called Ground Floor Trader. There's no options trading involved with this service – no risky derivatives of any kind. Just unique opportunities to buy stocks for far less than their potential value – opportunities I can't otherwise share with my monthly readers.
And there's no need to worry – you can try this service for up to 60 days, and get a full refund if you change your mind. As for your profits, they're yours to keep.
As soon as I hear from you, I'll rush you the details on this gold miner, so you can gain protection against the turbulent economy at genuine bargain rates.
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