“A RUN ON THE DOLLAR,”

soberly predicts one Nobel Prize winning economist… “probably the kind of disorderly run that precipitates a global financial crisis…” while other monetary experts now warn, “We’re in the terminal stages of the world’s most gigantic pyramid scheme.”

WHAT WILL IT MEAN FOR YOU?

Heed the unmistakable warning signs in this URGENT ALERT, or risk missing your FINAL CHANCE to protect what’s left of your nest-egg, before the coming collapse of the once-mighty U.S. Dollar renders it…

…VIRTUALLY WORTHLESS!

ear Concerned American:

All signs point toward the U.S. dollar – already down one-third against other world currencies since 2002 – heading at breakneck speed for a precipitous and historic crash.

Anyone holding dollars or dollar-denominated assets is sitting on a ticking time bomb, and the fuse is burning short. There isn’t a moment to lose before we see a worldwide rush to the exits.

Your family’s security rests on you reviewing this Urgent Alert through to the end. I urge you – DO NOT put this letter aside to read “later,” because later may indeed be too late.

Unmistakable warning signs I’ll reveal here point to a monetary crisis on the verge of spinning wildly out of control, leading to massive INFLATION and quite possibly, a sudden and catastrophic dollar collapse that will change our nation forever.

Even as I write, government regulators are systematically destroying, seizing, and otherwise transferring to federal control trillions of dollars in private assets. The all-but-certain impact on our currency, your purchasing power and your standard of living could be both sudden and devastating.

With a newly minted administration frantically borrowing and spending in a manic effort to re-inflate the decimated stock and housing markets, the government itself is rapidly going broke.

Here it is, from the fellow whose desk is supposed to have that sign, “the buck stops here” –

Mr. Obama, in a recent cable news interview during which he tried to rationalize his multi-trillion dollar spending spree, conceded with a chuckle,”we are out of money now. We’re operating in deep deficits…”

This admission came only a few months into his term, and even before he committed upwards of $50 billion more in U.S. taxpayer funds to bailing General Motors out of the hole!

Major foreign investors such as China are quickly catching on to the hard reality of impending U.S. insolvency. They are coming to the inescapable conclusion that the only way Washington can keep its Ponzi finances going is by running the monetary printing presses non-stop. (More about what this means in a moment.).

As I mentioned, the dollar has already given up fully a third of its value relative to other world currencies in the last half-dozen years.

The trend is long, clear, and unmistakable, with all signs pointing steeply downhill. I checked FXmarket.com’s trend index on the dollar this morning. Two words – “Strongly Bearish.”

A massive, catastrophic dumping of the devaluing U.S. dollar looms large. The upshot is – if you don’t immediately begin taking the basic precautions I’ll outline for you right here, you stand a good chance of acting too late and getting caught with your britches down.

Even mega-investor (and high-profile Obama cheerleader) Warren Buffett recently admitted publicly that the frantic spending and money creation underway right now will trigger a currency-destroying inflation that will be much more severe than in the 1970s.

That’s why big-time investment gurus such as Jim Rogers seized on the temporary dollar rally in the past year to hustle their assets out of harm’s way – before, as he puts it, the dollar “goes the way of pound sterling” and “declines by 90% in the coming years.”

Rogers then dispatched a strongly worded email offering this sobering assessment –

“The world at large does seem to understand innately that govern-
ments are bankrupting themselves and destroying paper currency.”

“Bankrupting.” “Destroying.” Strong words indeed. And specifically which nation’s government and currency are on a fast-track to monetary doomsday? As Rogers recently told TIME magazine, “America is the largest debtor nation in the history of the world.”

Do I have your attention? I trust that I do, because this is but the tip of the iceberg…

The Dollar’s Coming “Reckoning Day”:
On a Par With Pearl Harbor and 9/11

The dollar’s coming reckoning day is going to be dramatic – correction, traumatic –marking a major milestone in our beloved nation’s decline as a financial powerhouse.

As I’ll explain in a moment, the sheer havoc unleashed by a dollar crisis will be nationally jolting on a par with Pearl Harbor, John F. Kennedy’s assassination and 9/11. And yes, the bottom could drop out in just a single harrowing day. Here’s just a glimpse of the likely fallout:

* A price explosion as Americans scramble over one another to buy tangible assets or simply hoard basic necessities, before the dollar’s purchasing power evaporates fully.

* Widespread shortages, sparse grocery store shelves and the return of long gas lines.

* Failed businesses and economic dislocations far eclipsing anything we’ve seen to date.

* A breakdown in commerce, as longer-term transactions become impossible to make.

* Rising crime and rampant unemployment.

* Government handouts drying up, with an angry dependent class taking to the streets.

I want to give you the inside skinny on the steps prudent citizens are quietly taking right now to gird themselves against the coming greenback collapse… and even prosper.

You can – in fact, you must – take key steps to protect your family’s way of life. And you must do it soon. “Waiting it out” is not a plan for anything short of a catastrophe. Let me explain.

Respected economist and forecaster George Whitehurst-Berry has offered this astute explanation of the financial gyrations rocking U.S. markets, as quoted in the opening of this letter:

“We are in the terminal stages of the world’s most gigantic pyramid scheme,” he explained, referring to the ultimate collapse of the U.S.-led monetary order that will permanently impoverish millions while making a handful of smart thinking, ahead-of-the-curve investors very rich.

Even the Pentagon is Secretly Planning for Dollar-Collapse
Scenarios that Dramatically Tilt the Geo-Political Balance

The looming dollar crisis is no idle theory. This threat is so real that top Pentagon intelligence experts are running live “planning scenarios” in which resource-rich nations like Russia and China exploit U.S. indebtedness to wreak sudden havoc in our financial system and basic economy.

In the 2009 Unrestricted Warfare Symposium at the Johns Hopkins Applied Physics Laboratory, intelligence analyst James Richards unveiled a blueprint detailing exactly how U.S. enemies could drop the value of the dollar by a shocking 75%, crippling our economy overnight.

This report’s conclusions are nothing short of chilling. So vulnerable is the U.S. to this scenario, Richards urges U.S. intel agencies to pay close attention to global gold supplies and the financial maneuverings of rival powers (something I do myself for my valued subscribers).

Richards’ prescient paper came out days before Zhou Xiaochuan, governor of China’s central bank, challenged the U.S. to step aside to allow a new global currency to replace the dollar.

My friend, the handwriting is on the wall. In late April, the international news media reported a major development underscoring the coming doom of the dollar. The Financial Times of London, for one, recently noted: “China has quietly almost doubled its gold reserve to become the fifth biggest holder of the precious metal.” Yet as usual, the celebrity-obsessed U.S. media totally glossed over another harbinger of what is to come.

Or as the always-reliable Casey Report added: “On the bigger global screen, this revelation [about China's gold hoarding] stops the concept of gold as a ‘barbarous relic’ as bankers had hoped it would become in the past 50 years…” Translation: The day of the paper-backed dollar is coming to an ugly end, and soon.

You Must Plan for the Coming Dollar Collapse: NOW

This is the heart of why I am writing you today. It’s not good enough to know what’s going to happen. You have to know what to do.

Specifically, you must have a practical, doable plan to put yourself ahead of the 99% of Americans who are going to get caught completely off-guard when the terrible fundamentals of the U.S. dollar wipe out the purchasing power of their salaries and their retirement savings.

The coming dollar collapse will wreak economic and social havoc far beyond skyrocketing prices. Widespread fuel and food shortages, relentless crime waves and the government’s endless socialistic machinations will devastate the American way of life like a giant tornado.

My name is Lee Bellinger, publisher of the private monthly financial, health and taxation intelligence advisory Independent Living. In my two decades of publishing discreet inside information about government power-grabs and scams, never have we produced as important a document as my new mega work, the 155-page Dollar Destruction Defense Manual: Everything You Need to Protect Your Way of Life Against the Coming Inflationary Ruin.

I want to send it to you Free because I know for a fact you, as a think-outside the-box, self-sufficiency-seeking individual, are the kind of person who will profit mightily – while avoiding substantial financial pain – from its red-hot information on the coming collapse of the dollar.

I don’t like being lied to. And I don’t like being ripped off. That’s why I made it my business to understand the government’s shocking financial dilemma – how serious and unprecedented it is and how they are making “their” problem into “your” problem. (At least if you don’t act.)

Experts Deliver Dire Prognosis on the Future of the U.S. Dollar: Your Hard-Earned Money Will Be Debased to Alleviate Federal Insolvency

Nobel Prize winner Dr. Paul Samuelson, hardly an alarmist, has characterized U.S. financial imbalances as so severe and “irreversible that we must accept that at some future date there will be a run on the dollar. Probably the kind of disorderly run that precipitates a global financial crisis.” Or as Dr. Ron Paul, a member of the U.S. House of Representatives, recently noted about the rampant, unprecedented money creation going on, “If we continue doing what we are doing right now, we will literally destroy the dollar.”

Here’s How a Worst-Case Scenario
is Likely to Play Out: Are You Ready?

The key to understanding the dollar’s vulnerability is the global nature of currency markets.

Our government’s standard operating procedure of manipulating, papering over, and otherwise tricking gullible U.S. voters about the greenback being “strong” is one thing.

Forever fooling sophisticated, objective foreign investors who are financing U.S. consumers and bureaucrats with debt they can’t ultimately pay back is quite another.

What’s important to understand is that global, around-the-clock electronic financial markets make it possible for the dollar to be dumped by millions of people literally at the speed of light. It only takes a nanosecond for pre-programmed computers to initiate waves of devastating trades.

Worse, such panic runs on the dollar are most likely to originate abroad, largely beyond the manipulative fingers of the President’s Working Group on Financial Markets (a.k.a. the Plunge Protection Team) who would be called upon to prop up the dollar’s credibility when it is threatened, just as they have in times of stock market stress.

In 2005, a German video producer interviewed financial experts all over the globe on what could happen after the then housing bubble collapsed and U.S. consumers ultimately stopped buying foreign goods with debt (also provided by foreigners). The result is a 50-minute presentation titled Day of the Dollar, a realistically chilling video in which the dollar’s dismal fundamentals catch up with and overtake all efforts by the U.S. political class to prop it up.

A Single Triggering Event Could Collapse the Dollar Overnight as the Over-Indebted U.S. Finds Itself Isolated in a World of Angry Creditors

The Day of the Dollar scenario begins with an unexplained drop in the value of the dollar in Singapore, triggering a greenback sell-off in Hong Kong. As traders in Amsterdam wake up, the dollar is down significantly against the yen and dropping fast. The problem is worsened by the fact that big foreign institutional investors in U.S. government debt – who might otherwise come to the dollar’s rescue – are already over-weighted in dollars and more inclined to dump than accumulate more.

As the dollar continues to drop overseas (with Wall Street still closed), U.S. money wizards at the Fed and Treasury Department have no way to shut down markets for a “cooling off” period. As news spreads, lines form at European ATMs and foreign currency exchanges.

Even before Wall Street can open, the European Union suspends the acceptance of dollars for Euros, triggering an even bigger dumping of the dollar abroad. The U.S. retaliates by freezing all foreign transactions. By the time Wall Street rings the opening bell, trillions of dollars being hoarded by institutions and individuals are flooding onto the market, knocking the purchasing power of the greenback even lower.

Adding to the misery, OPEC no longer recognizes the dollar as a unit of trade. Oil producers will now accept payment only in gold, silver or other hard assets of equivalent value. U.S. oil companies wanting to buy crude must now pony up the funds in the form of a hard currency.

Americans have to start paying for cab service and food with cigarettes, liquor, and other tangible goods. Those stuck without barterable assets or real money (which is now understood to mean only gold and silver coins) are completely destitute.

Would you be surprised to learn such a scenario has already nearly occurred? Well, it has.

The Untold Story of How the Wheels Almost
Came Off the Cart on September 18, 2008

One Thursday morning in September 2008, the entire U.S. financial system nearly imploded, coming within hours of unprecedented panic withdrawals from U.S. banks and money market accounts totaling $5.5 trillion (well over a third of the nation’s entire annual economic output).

The respected chairman of the House capital markets subcommittee, 13-term Congressman Paul Kanjorski, recently spoke on the record about the little-publicized incident, noting it “would have collapsed the economy of the world… it would have been the end of our political system and economic system as we have known it.” Months after the fact, Federal Reserve Chairman Bernanke confirmed this terrifyingly close call in a recent 60 Minutes interview.

During the September 18 “episode,” the Treasury’s emergency pumping of $105 billion into the financial system was not enough. It was only after Treasury abruptly announced it would expand deposit insurance guarantees to $250,000 that the crisis abated – at least temporarily.

Rep. Kanjorski’s nightmare scenario almost became reality. AND THIS KIND OF SUDDEN FINANCIAL CALAMITY CAN EASILY HAPPEN – FOR REAL.

Suddenly “out-of-service” ATMs. Frozen bank accounts, retirement funds and savings accounts. Locked down small business payroll accounts.

This near collapse of the U.S. banking system happened right under the nose of the media. Yet almost none of them mentioned that anything out of the ordinary was going on – the point being you can’t let your future ride on the media to give you early warning of things to come.

To this day, no one can pinpoint exactly what (or who) triggered the September 18 run on the banks. All officials know is that gigantic withdrawals came upon the system from abroad, without warning or notice, and only extreme measures stemmed the crisis – and just in the nick of time.

The string of unprecedented bailouts may have saved the “too big to fail” banksters from getting their full comeuppance, at least this time. But the bailouts did nothing to resolve the underlying insolvency. They simply changed the time and manner in which the default will occur.

Instead of the country’s largest financial institutions all falling like dominos, it will be the currency itself that takes the hit. The trillions in newly created bailout dollars courtesy of the White House, the U.S. Treasury and the Federal Reserve will help precipitate an inflation tsunami.

U.S. Finances Are an Even Bigger Mess
Than is Generally Understood

Even before Obama was sworn in, unfunded federal liabilities had blown past half-a-million dollars per U.S. family of four. In fact, federal finances are in such shambles David Walker, Comptroller of the Currency, resigned in disgust at the tail-end of the Bush administration.

Worse is what’s happened since Walker resigned. As Rep. Ron Paul recently wrote, the trillions of dollars created to bail out banks in just the past six months have added the equivalent of a whole new federal establishment to Uncle Sam’s bloated obligations.

Obama’s new spending obligations stagger the imagination, amounting to…

* More spending than the socialistic New Deal…
* More spending than the entire Iraq War…
* More spending than the 1980s savings and loan bailout…
* More spending than the Korean War… COMBINED!

COMBINED!

And a new report by the Congressional Budget Office shows that rising unemployment and falling tax revenue will likely force the Social Security “Trust Fund” into annual deficits as soon as 2010 – a full decade before the Comptroller General’s office had been warning it would happen.

The Next Financial Train Wreck Could Be the
“Fail-Safe” Bond Market– Are You Properly Hedged?

Recently Bloomberg tabulated the continuously-growing U.S. government takeover of the private-sector (in the form of loans, guarantees and other commitments). So far, taxpayers have been saddled with an ADDITIONAL $12.8 trillion in unpayable debt.

These federal bailouts now amount to 90.14% of America’s annual gross domestic product – nearly our entire output for a year! Imagine that, for every $1.00 you make, brand new federal bailouts now have a claim to more than 90% of your hard-earned money.

What’s especially infuriating to me is that the Federal Reserve refuses to disclose to the public who has been on the receiving end of all its bailout dough, or exactly what’s now on its ballooning balance sheet. The Fed’s own Inspector General in recent Congressional testimony admitted after much waffling and obfuscating that she cannot account for trillions of dollars in off-balance-sheet transactions and has absolutely no idea how much the secretive central bank is losing on its “investments.”

As scandalous as the massive corporate bailouts are, they pale in comparison to those that will be required for Social Security and Medicare. A recent editorial in Barron’s states flatly – “Medicare, Medicaid, pensions, indeed the full freight of the federal government constitutes a Ponzi scheme in plain sight. Income is recycled to pay benefits; no new wealth is created.”

How ironic that the feds locked up Bernie Madoff and threw away the key (and rightly so) over his Ponzi swindle, when the U.S. government itself is the operator and tireless defender of the most gigantic Ponzi scheme ever, with you and me and millions of Americans holding the bag!

U.S. public and private debt now amounts to nearly four times the gross domestic product. In the midst of the Great Depression, total debt topped out at three times GDP. That suggests the current financial crisis could be even more severe in magnitude and length.

No wonder Standard & Poor’s quietly reported that Treasury bonds are poised to lose their AAA-rating because of the way Washington is indulging in emergency cash creation and massive spending programs.

MarketWatch recently reported another disturbing and telling warning sign: The cost to buy insurance against U.S. sovereign debt has surged by a factor of seven as compared to two years ago and is 60% higher than at the end of 2008.

A collapsing U.S. bond market will spell disaster for the pension funds, mutual funds, and insurance companies that hold bonds by the billions. Of greater concern to me, when the bond market ruptures, millions of retirees on fixed income could find themselves destitute.

I don’t want you to be among the tragic victims of this looming meltdown. Fortunately, you can take effective steps right now to hedge any exposure you have to the bond market (if you have a retirement plan or a life insurance policy, then you are almost certainly at risk). You can even position yourself to profit from the coming decline and fall of U.S. Treasuries.

The Dollar Destruction Defense Manual shows you exactly how!

Enter the Chinese, Who Are Increasingly Unwilling
to Bail Out Uncle Sam

At this point the U.S. government must borrow some $5 billion per day just to keep its head above water. And most holders of Uncle Sam’s debt – foreign powers – are openly speaking out that they are getting closer and closer to cutting our government off or severely reducing its limit.

The desperate money printing now underway is unprecedented in its scope – an attempt to reinflate the deflating credit bubble, which is driving rightly-skittish foreign financiers to make increasingly significant moves to evacuate their holdings out of the U.S. dollar.

The biggest candidates for dollar-dumping are the nominally-communist Chinese, who already hold some $2 trillion in U.S. debt.

The “core” of the Obama “financial recovery” plan is to goose the already-reluctant Chinese to escalate their exposure to U.S. bonds which finance Congressional stimulus pork-barrel spending, subsidize failed unionized industries, and soon, bail out many insolvent state governments.

Worry About the Dollar is Seriously Eroding
the Greenback’s Global Credibility

The New York Times notes “In the last two months, President Wen Jiabo and other Chinese officials have expressed nervousness about their country’s huge exposure to America’s financial well-being.”

Nobu Su, head of Taiwan’s TMT Group (which ships commodities to China), told the London Telegraph that Beijing is trying to extricate itself from its vulnerability to the dollar. He notes of major Chinese purchases of hard commodities around the globe: “China has woken up. The West is a black hole with all this money being printed.” Jim Lennon, the head of commodities at Macquarie bank, added: “They [the Chinese] are definitely buying metals to diversify out of U.S. Treasuries and dollar holdings.”

Make no mistake – the Chinese (among others) are scouring the globe right now – snapping up copper, oil, gold, silver and anything else tangible they can get their hands on to position themselves outside of a U.S. dollar hanging by a thread.

Financially, the U.S. is on a Road With No Turns

Chinese worries about the debasement of the dollar are quite VALID. The U.S. money supply expanded by a jaw dropping 271% in early 2009. Then in mid-March the Fed announced plans to expand the money supply by another 50-60%! Unfortunately, these inflationary policies come on the heels of a staggering 990% annual money supply expansion in the last four months of ‘08 – as reported by the St. Louis Federal Reserve Board office.

Financial Sense analyst Brian Pretti just produced a remarkably well-documented report demonstrating why the Fed has had no option but to begin directly funding U.S. government debt (nearly $2 trillion worth of new IOUs were issued in 2009 alone) through the creation of printing press money because of flagging demand from China, Japan, and private investors.

We are witness to the end of a 39-year experiment – in which global currencies linked to the dollar (and with no gold backing anywhere) are reaching the final inevitable stages of all fiat money. When the Weimar Republic, and more recently, Zimbabwe, began to monetize their debt, the countries plunged into hyperinflationn.

In short, the United States is attempting to print its way out of debt. And that means the value of the dollars you hold is destined to go down significantly.

Fortunately, you still have time to prepare – and I will eagerly help you.

The Smart Money Stampede Out of the Dollar Has Already Begun

If you’ve already heard a little voice in your head warning you that Wall Street paper assets are highly-manipulated certificates of financial folly, you got this letter just in time. While rampant money creation may force the DOW upward in nominal terms, the DOW index itself has been collapsing against the value of hard assets for some time.

For example, it currently takes about 9 ounces of gold to buy a share of the DOW industrials. Yet as recently as 1999, it took 44.8 ounces of gold to buy a DOW share – that’s a whopping 80% crash in the real value of the DOW.

The money magicians in Washington can fool millions of investors in the short-term, true. But they can’t fool those who measure their wealth in terms of precious metals, which retain their value over time. Gold is the mortal enemy of big government borrow-and-spenders. When the gold price shoots up, it signals to the world that the currency upon which government Ponzi finances operate is losing value.

For more than four years now, my Independent Living newsletter has discretely advised my subscribers to accumulate physical precious metals. The investor flight to precious metals I predicted would occur (back when gold was quietly trading in the $400s) has, since the onset of the financial crash of 2008, been global in scope and has resulted in physical gold and silver flying off the shelves everywhere.

.S. and Foreign Mints Are Being Slammed With
Physical Precious Metals Sales

The Richmond, Virginia-based Brinks Security corporation reports record silver and gold deliveries to private U.S. citizens. Tony Klancic of the Chicago-based Lind-Waldock commodities brokerage says he is inundated by calls from individual investors to obtain delivery of physical gold bullion. Scott Thomas, CEO of the American Precious Metals Exchange, says of physical gold and silver sales: “We’re having some of our strongest months ever… the bottom line is our numbers are probably double what they were last year, and last year was very busy.”

The Wall Street Journal recently noted, “Investors are flocking to gold coins. At the U.S. Mint, a total of 147,500 American Eagle gold bullion coins were sold in the first two months of this year, a surge of 176% from the same period last year.”

Peter Monk, Chairman of Barrick Gold Corporation (the world’s largest gold producer), recently indicated he has received a significant number of calls from wealthy investors seeking to buy large amounts of physical bullion. Getting physical gold has become so difficult that Wachovia Securities is no longer purchasing physical precious metals for its clients – opting instead for selling paper “shares” in exchange-traded funds.

In 2008, the Perth Mint actually had to stop accepting orders for physical gold and silver – the Gold Anti-Trust Action Committee notes that the Perth Mint is working seven-days a week, 24-hours a days just to catch up on back orders. Perth Mint treasurer and manager Nigel Moffatt told Bloomberg, “We’re seeing a continuing, but heavy bias toward investors out of the U.S.” And The Financial Times reported in February that retail investors in France have become net buyers of gold for the first time in 25 years. Such examples are almost endless!

So now that I’ve explained the problem, let me tell you about YOUR PERSONAL SOLUTION.

For over two years, my research staff and I have been busily preparing a brand-new, blockbuster manual with a practical, easy-to-implement game plan appropriate to inflationary times, The Dollar Destruction Defense Manual.
ALERT! Why You MUST NOT Fall for
the Illusion of “Sector Diversification”

What really motivated me to do this project is one of the biggest myths that, even now, they continue to perpetuate on Wall Street: The false security of “diversification.” Your broker and the Wall Street media tout the value of diversification – and in theory, they are right! BUT mostly their diversification is limited to dollar-denominated stocks and bonds. Never forget – anything denominated in dollars loses its purchasing power with each passing month.

What YOU need to know about and engage in is true diversification – among currencies, stock markets, financial instruments, commodities, and precious metals which are not tied directly to the sinking dollar. Yes, most brokers recommend investment in many sectors of the U.S. economy but this is of little value if ALL your investments are tied to a declining dollar.

Sadly, millions of Americans will be impoverished by the coming dollar devaluation. But you can be one of a few select who survive and even prosper in these wildly unpredictable times.
Yes, You Should Own Some Gold – But Gold Alone Won’t Be Enough

You absolutely need my latest blockbuster, The Dollar Destruction Defense Manual: Everything You Need to Protect Your Way of Life Against the Coming Inflationary Ruin.

To develop this must-read work, we began by systematically researching what far-sighted individuals did to prosper during the inflation-ravaged 1970s. But we added an important feature: Today there are many MORE options, financial instruments and tactics that can help you preserve the value of your assets.