By Justin Spittler
The largest underground currency market in history…how to make huge investment gains from negative interest rates…none dare call it a tax.
Editor’s Note: This is the most important Dispatch we’ve published all year.
You won’t find our regular daily market commentary in this issue. Instead, you’ll find an urgent message from Casey Research director Brian Hunt. Right now, the government is planning a secret new tax. It involves a new way of taking money directly from your bank account…
Casey Daily Dispatch will return to its regular format next week.
Regards,
Justin Spittler
Delray Beach, Florida
March 4, 2016
Dear reader,
Have you heard of “negative interest rates?”
It’s become a phenomenon with economists and the media.
There’s a good chance you’ve read an article about it. We’ve covered it many times in the Dispatch.
I’m writing to tell you something about negative interest rates you haven’t heard. You certainly won’t hear about it in the mainstream press.
What’s coming at you is a historic event. It’s something our grandchildren will hear stories about…much like the Great Depression or the Cold War.
What’s coming could send the price of gold much higher in the coming years…and hand gold stock owners 500%+ gains.
If you know what’s coming, it could mean the difference between having lots of free cash in retirement or barely getting by.
To understand the gravity of this moment, let’s cover one of the most bizarre ideas in the world…
Negative Interest Rates.
In a normal world, your bank pays you interest on your savings. It takes your money, pools it with other people’s money, and loans it out.
The bank makes money by paying out less in interest on your deposit than it earns in interest from borrowers.
For example, it might pay out 3% to depositors while earning 6% from borrowers.
Continue reading “Hillary’s Scary New Cash Tax”