QE Interruptus

Dave Gonigam – June 23, 2012

“How did we get ourselves in this position,” Addison asked via instant message on Wednesday morning, “in which everyone waits for the thoughts, ideas, words and actions of such a small number of men?”

Indeed, markets were on tenterhooks at that moment, hanging on whatever the Federal Reserve would decide.

Remarkably, the Earth continued to rotate after the Fed issued its pronouncements on stone tablets atop the Marriner S. Eccles building.

And at The 5 Min. Forecast, we stuck to our own “dual mandate” of helping to safeguard your wealth from the depredations of bureaucrats and central bankers… while scoping out ways to multiply your wealth many times over. Welcome to your “top 5” roundup of the week that was — 5 Things You Need to Know.

   Trader junkies hoping for another fix were sorely disappointed with the Fed’s decision on Wednesday. Instead of high-grade quantitative easing heroin, they got low-grade Operation Twist methadone. It’s worth revisiting the charts we shared on Tuesday, which indicated it was too soon for QE3. They’ll come in handy at the next Fed meeting July 31-Aug. 1… Heh.

Urgent: Conference call scheduled this Monday at 3 p.m. EDT

Europe is the last place your attention should be right now…

When Greece’s debt crisis first shook the world in 2010, people were so preoccupied by headlines about Europe that many of them missed out on the big early gains being generated by America’s explosive shale boom…

Now that same distraction could cause them to miss out on an even bigger moneymaking opportunity.

Forget about France, Germany, Greece and Spain for a moment — something far more unexpected, important and life-changing is about take place right here at home

Click here now to see what it is.

   Among the impacts of the Fed decision — oil prices ending the week below $80 for the first time in nearly nine months. And at $90, Brent crude — the price most of the world pays — is $10 below the target price that pleases Saudi Arabian princes. Byron King made a compelling case on Wednesday for why the princes will get their way sooner rather than later. What’s more, he says, you can extend that thesis across the entire resource space. “Resources still matter,” he says, “and the fact is that there are NOT enough resources to go around.”

   Details are leaking from secret talks on a trade pact known as TPP, or the Trans-Pacific Partnership. The United States and 10 other nations are coming to terms on an agreement that would allow multinational corporations to trump national laws… shred Internet freedoms… and ease the implementation of capital controls. If your hair is standing on end, here’s the essential background. If it’s not, please be advised: Your attendance at the next meeting of the TPP is expected in San Diego on Monday, July 2.

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   China and Brazil opened a new front in the war against the dollar. The two nations’ central banks agreed to allow the exchange of yuan and reais up to $30 billion. By now, you know where this is going: The deal is the latest in a series of deals affording China the opportunity to bypass the dollar in its international trade. You can read about a foreshadowing of this move back in 2010… and explore the consequences for the depreciating dollars in your pocket.

   “We’re going to run entire cities off of batteries,” enthused Byron King — always with one eye on opportunities that even bureaucrats and central bankers can’t foul up. He’s eagerly awaiting a day when large battery storage systems can preserve electricity that currently goes to waste. “The technology is out there,” Byron says, “and it’s going to happen sooner than later.”

As a reminder, Byron has scheduled a conference call at 3 p.m. EDT on Monday to spotlight the opportunities in three “New Technology Materials” — including one that will power this new and efficient electrical grid.

“We’ll cover everything we know,” says Byron, “the timelines of the three companies involved… their risks and potential rewards… why they have the potential to ignite a new wave of industrial revolution… when and how to take positions in them if you want to get in on the action… how much money I believe they could make you — everything.”

Details on how you can listen in to this call are at this link.

Cheers,

Dave Gonigam

P.S. We’ve had the good fortune to discover a new method for safely buying, storing and selling gold.

It’s as simple as you could ask for… and the fees are as reasonable as we’ve ever seen. We’re not in a position to say more than that… but keep up with The 5 Min. Forecast in the coming days as we reveal more.

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