Livermore, as a result of the initial market crash and subsequent decline, used this strategy to rake in $100 million. That comes to over $1.4 billion in today’s dollar equivalent purchasing power.
Yet Livermore’s not alone. In fact, giant windfalls from financial crisis and economic collapse have been attained by a small minority of people in subsequent periods of turmoil.
During the Black Monday crash of 1987, for instance, Paul Tudor Jones executed this strategy to perfection.
As the Dow Jones Industrial Average crashed 22 percent, in the largest single-day U.S. stock market decline (by percentage) ever, Jones tripled his money — a return of 200% — making as much as $100 million in a single day.
But not everyone was ruined in the Black Monday crash of 1987. Nassim Taleb used this strategy to haul in tens of millions of dollars in profits that day as well.
Similarly, leading up to and during the 2008 Financial Crisis, while much of the public and many of the big banks watched in horror as their retirement accounts and balance sheets were vaporized in just a few brutal months, John Paulson implemented this strategy and made a massive $20 billion fortune.
Indeed, these guys are professional investors. But that doesn’t mean you can’t use this same strategy to make your own personal fortune, albeit on a smaller scale.
It’s called Economic Collapse Investing and it shows you several simple – yet strategic – moves you can make to secure lasting wealth from the final financial blowout.
To be frank, this manual was difficult to write. But I had to do it. Because I fear the worst economic collapse of modern times is upon us. And this economic collapse could be exceptionally destructive to your retirement, your wealth, and even your security.
In a moment, I’ll show why this offers a golden opportunity for certain individuals…and how you can be one of the select and courageous few that profits during the troubled years ahead. But first, let’s open our eyes to some of these stark warnings…
Our American government is massively in debt. The national debt is now over $21 trillion. A third of this is owned by foreign nations, namely Japan and China. This amounts to the greatest increase in debt in the 5000-year history of the world.
Our education system stinks to high heaven. We spend more than most of the world on education — $115,000 per student — yet we rank 36th in math, reading, and science…far below our Asian competitors who are eager to eat our lunch on the international stage.
Our homes are open to government intrusions. Police can crash through your door for hardly a reason at all. They also have radars that allow them to peer through the walls of your home. Who knows what they are actually looking for?
Our prisons house the largest number of inmates in the world. What’s more, they’re operated as money-making enterprises for private corporations.
Our republic was lost long ago. The U.S. now operates as a corporate oligarchy, where our elected officials represent the interests of the ultra wealthy and powerful corporations…not the average citizen.
Our health care system stinks even worse than our education system…yet it costs way more than other western, industrialized nations. Even with Trump’s rollback of Obamacare the problems of both high cost and poor quality won’t go away.
Over 58,000… Read more…