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ð¾]( [Jim Rickards] JIM
RICKARDS Dear Reader, I want you to save this email. In fact, I want you to sear it into your memory. Because while the mainstream media would have you believe that the banking crisis, [inflation or the layoffs taking place across the country]( are the biggest threats to your wealth… There is something much bigger brewing under the surface. And everything you’ve seen so far from the failure of Silicon Valley Bank… To the panic beginning to take hold of wall street… Is just the ice beginning to crack under the feet of our economy. And soon, within days, we are heading for a massive plunge. One that could send the Dow plummeting 30…40…or even 60% as this all plays out. In fact, I’m calling it the “Last Drop” because once this crisis hits… There will be no economic recovery… No salvation from a “Fed Pivot”... And no way out for those who don’t act by this Wednesday at exactly 2:00 PM. You see, that’s the exact date and time a major agency with deep ties to the U.S. government is going to make an announcement that will change your life, and the lives of millions of Americans practically overnight… That’s because this single announcement has the power to: - Set off a massive wave of defaults across the U.S. banking system (In fact, with the failure of Silicon Valley Bank, Signature Bank and layoffs at Goldman Sachs and Morgan Stanley, the dominos have begun to fall, and if you have money in any major U.S. bank like JP Morgan Chase, Bank of America, Wells Fargo your money could already be at risk).
- Send the Dow plummeting by more than 30…40…even 60% and keep it depressed for decades (And it is not just me saying that. As I’ll show you later this week, it’s people like Michael Burry, Warren Buffet and Charlie Munger, Billionaire investors Ray Dalio, Nassim Taleb top analysts at Morgan Stanley, and more).
- Ruin the lives of millions of Americans at or near retirement (If you thought 2008 was bad, this could be 10 times worse). That’s why I’m planning an URGENT broadcast on Monday March 20th at exactly 2:00 PM ET… Just 48 hours before this announcement is set to take place to explain everything live on camera. Including exactly what is set to happen, and what you need to do to protect yourself and your wealth during this coming crisis. Now for those of you that follow my work, you know this isn’t the first time I’ve made a prediction like this, or been at the forefront of a major crisis [When Genius Failed] In fact 1998, I was personally asked to come in to help negotiate the bail out of Long Term Capital Management, a major hedge fund that blew up and threatened to cause a 1.9 trillion banking crisis… They even wrote a book about it called “When Genius Failed”. That detailed my efforts (along with the efforts of several others) to save the American Financial system. In 2006, two years before the 2008 financial crisis I testified before congress warning them of an imminent financial crisis… I even wrote a letter to the McCain campaign later that year warning them that “the worst of the crisis wasn’t over” and that we would see another panic spike in October… Three weeks later Lehman Brothers collapsed…taking the entire U.S. financial system with it. Then in 2019, I published a book called Aftermath where I warned that something on the scale of a national pandemic would be the cause of the next financial crisis… And that it would “with 100% certainty” happen sometime in the next three years. That was 4 months before the first reported case of the coronavirus… And we all know what happened next. Now I’m not saying any of this to brag… But to let you know when it comes to getting ahead of massive crises, it’s hard to find someone more qualified than I am. And what comes next could be one of the biggest market corrections of our lifetimes. And it looks like some of the brightest minds of our time are beginning to agree with me. People like Mark Spitznagel one of the founders of the Nassim Taleb Advised Universa Fund who saying: “The market is headed for a tinderbox-timebomb that will be worse than the 1929 crash” Morgan Stanley’s top strategist who is warning that U.S. Stocks are in the ‘death zone’ and could crash 26% within months. “That U.S. Stocks are in the ‘death zone and could crash 26% within months, says Morgan Stanley’s top strategist” -Business Insider Even Michael Burry the Big short investor who made millions betting against the 2008 housing bubble just sent out a one word tweet that said “Sell”: [Casandra Tweet] So if you’ve been worried that maybe the worst of this crisis isn't over… And that it was only a matter of time before the final bell began to toll for this economy… You were exactly right. And on Wednesday March 22nd at 2pm these markets are going to get a massive wake up call. But what exactly are these billionaires and financial experts so afraid of? Why are they sounding the alarm now? And what makes me so sure this crash is coming? It all has to do with a with a strange pattern that the mainstream media is completely missing. One that’s played out in the markets over and over again. From the collapse of the Nikkei in Japan in the 1990’s... To the stagflationary crash of the 60’s and 70’s... And even the tech bubble of 2000, when the Nasdaq fell 75%. And it’s set to happen again on Wednesday March 22nd at 2pm. Once it does, there will be no going back for those who wait. If you thought Silicon Valley Bank was bad, that was just the tip of the iceberg… Because what happens next will be historic. 10 years from now you’ll wish you had saved this email for reference. But I’m getting ahead of myself. Iâll explain everything in tomorrowâs message. Regards, [Jim Rickards] Jim Rickards P.S. Have you accessed my private dropbox yet ? There’s a special drop-box my team set up for this event to make sure you have everything you need. Here it is: [( Consider this your “digital dead drop” as the Last Drop hit the markets. In between now and Monday 2:00 PM ET, I’ll post new docs and files you need to see as this all plays out.. So please visit it now, and bookmark it for daily use. [Paradigm]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Jim Rickardsâ 10X Crash Trade Summit e-mail subscription and associated external offers sent from Jim Rickardsâ 10X Crash Trade Summit, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at firstname.lastname@example.org. This address is for feedback only. 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