Are YOU ready for Dow 7,000?

 

It may be shocking to hear me say that the Dow Jones Industrial Average is headed for 7,000 … because even after this past week’s carnage, the Dow is still sitting comfortably above 10,500!

But, yes, I firmly believe that we are going to see the broad U.S. stock market fall another 35% from here … AT LEAST!

Just look at what’s happened in the past few days …

• The Federal Reserve warned of “significant downside risks to the economic outlook” and the International Monetary Fund said “the global economy is in a dangerous new phase.”

• The global data took a nasty turn for the worse, with a key Chinese manufacturing index slumping for three months in a row for the first time since 2009 … while activity in Europe fell to a two-year low.

• And the cost of default insurance on European banks, many U.S. banks, and even entire sovereign COUNTRIES, exploded! The market now expects a Greek default to be a near certainty … and even the cost of insuring German bonds hit a record amid fears it will be forced to shoulder the burden of bailing out all its high-risk neighbors.

In response, we have already seen the U.S. stock market start falling out of bed.

The major averages are now flirting with multi-month lows, while several leading financial, transportation, and materials companies are heading straight to their previous lows of 2009!

And Here’s the Critical Difference
Between the Last Crash and This One …

As usual, bureaucrats are frantically running around Washington D.C. right now, scrambling for the 5,672nd “solution” to the sovereign debt crisis.

The phones are ringing off the hook in Frankfurt … in London … in Zurich … and all over Asia … as bankers try desperately to stem the flood of sell orders swamping their offices.

The members of the Federal Reserve board and its district banks are ripping their hair out, trying to figure out why yet ANOTHER one of their attempts to restart the U.S. economy has fallen flat on its face.

In short, unlike the last crisis, there is nothing more policymakers can do this time around.

So in my book, the future is pre-ordained. The course of market and economic history has already been charted. We’re heading back into recession, and the Dow Jones Industrial Average has a date with 7,000.

Remember, last time around the Dow plunged as low as 6,470. The S&P 500 slumped to 667. And the Nasdaq Composite sank to 1266.

So to me, the question isn’t: “How could the Dow possibly plunge to 7,000?” It’s: “How could the Dow NOT fall that far?” If anything, 7,000 could be a generous target!

Now, Here’s the Good News …

You don’t have to sit idly by and let that kind of decline destroy your wealth, just like it did to so many portfolios during the first phase of this great bear market.

Instead, you can take several steps to protect your portfolio, and even PROFIT from a further decline!

That’s precisely what many of my readers who are following my recommendations should already be doing!

I told them to sell virtually all of their stock positions near the year’s highs, then positioned them in specialized investments that rise in value when select stocks, commodities, and bonds fall.

Readers who followed those recommendations were watching the profits pile up this past week, including:

• An 18.5% open gain from an investment that capitalizes on falling metals prices …

• A 23.8% open gain on an anti-stock market play that I first recommended in July …

• Plus, FIVE MORE additional open positions up anywhere from 1.1% to 13.7% and well positioned to rise even further as everything from real estate to the euro continues crashing!

Obviously, not everything I recommend makes money … and none of these gains are guaranteed. But I have to say that we were absolutely ready for what happened this past week … and I firmly believe we are going to rack up even more profits in the coming weeks and months.

And there’s absolutely no reason you can’t be right there with us — smiling as the markets continue falling … knowing full well that YOUR portfolio is protected against the world’s problems … and potentially even INCREASING in value with every passing day.

In fact, if I’m right, and the Dow plunges almost 4,000 more points from here — dragging all kinds of indices and assets to their bear market lows — your profit potential will be HUGE!

A vulnerable metal I’m targeting would have to fall another 60% or so to reach its recession lows …

Another vulnerable sector I’m watching — real estate — could lose more than 59% …

A third vulnerable index I recommend targeting could lose as much as 46% …

And by using my favorite investments to profit from these possible declines, you could potentially rack up profits equal to — or even higher than — those drops!

All you have to do is watch my latest video right now — it will show you precisely what steps to take immediately, along with details on the specific investments I’m recommending.

Viewing it is absolutely free, and it could very well make the difference between a cracked nest egg or one that is well-protected, and even increasing in value, as the Dow heads toward 7,000.

Just click here and my video will begin playing automatically.

Best wishes,

Mike

P.S. Again, there’s no telling if we’ll see the exact same kind of market meltdown that we saw in the first phase of this worldwide crisis. But if we do, wouldn’t you want to be protected? Wouldn’t you want to profit from it? Doesn’t it make sense to take SOME kind of action … before it’s too late?

I sure think so. So click here now to learn what to do immediately.

http://www.moneyandmarkets.com/are-you-ready-for-dow-7000-47352