This is according to award-winning former wealth manager, and Rum Rebellion contributing editor, Vern Gowdie.
In this new and urgent video series, Vern sets out his case for you. He’ll show you why what you’ve come to believe is ‘normal’ economic behaviour is in fact, bogus and unsustainable.
He’ll explain why a crash has to happen soon… what could trigger it… and how far Australian stocks could fall by the time the market bottoms out.
He’ll go over his reasoning for changing tack with your investment plan, especially if you hope to retire at any time in the next ten years. And he’ll put his case to you for urgent action.
It’s not ‘light entertainment’, by any means. But it is vital, and valuable. And if you have ANY money tied up in stocks, bonds, commodities or fixed interest investments… or if you plan to commit more money to these things soon… this is drop everything, MANDATORY viewing.
Click on any of the thumbnails below now to get started…
VIDEO 1: CALLING OUT THE LIE OF PHANTOM GROWTH
Why is no one linking our supposed ‘unprecedented growth’ with our record household debt? In this video Vern reveals how growth statistics are based on a complete misnomer. Borrowing to create more debt might demonstrate that Australia is growing on paper. But in reality, it’s a hoax. It’s ‘phantom growth’.
And it’s hoodwinking Australian investors into thinking that the good times are here to stay. Vern will show you why the opposite is true…
VIDEO 2: COULD THE GOVERNMENT PROP UP THE ECONOMY INDEFINITELY?
Not this time, says Vern. Central banks are still reacting to the events of 2007 and 2008. They are effectively pumping the global economy full of steroids, completely blind to the possibility that this strategy will, sooner or later, lead to organ failure. There will be a crash, says Vern, and after that, we may see indefinite money printing…
…Which, of course is good news for you – IF you’re cashed up in time for the recovery!
VIDEO 3: WHAT IS LIKELY TO TRIGGER THE NEXT BIG MARKET CRASH?
When you have the greatest corporate debt issues of the lowest quality ever, it’s not difficult to join the dots… In this video Vern explains why a new and devastating market crash is likely to be caused by a credit default of some description. Possibly corporate, possibly sovereign.
What’s certain, in Vern’s mind, is that we’re now living in another period of ‘irrational exuberance’, where the size of investors losses will be matched only by the extent of their myopia…
VIDEO 4: HOW FAR COULD AUSTRALIAN STOCKS FALL IN A CRASH?
People never believe 70% and 80% falls can happen… But they do… and they have in recent memory. Learn why a two-thirds drop in the US market is a conservative view… and why Australia is powerless to avoid the knock-on effects of a sudden, sharp downturn in stock values. As Vern puts it: ‘Australia is just a cork in the ocean with all of these liners going past…”
All it takes, says Vern, is a shrinking in earnings… and a shrinking in the multiplier investors are prepared to apply to those earnings, and we could see a big drop ‘very easily’…
VIDEO 5: SHOULD OLDER AUSTRALIANS CHANGE THEIR RETIREMENT PLANS?
That depends, says Vern… It depends on whether you take this warning seriously… and whether you decide to adopt a more defensive strategy right now. It also depends on how much money you have saved up, how much you need to support your lifestyle, and the impact it would have on your future plans if that money halved in the next 12 months.
This is what’s really at stake here. How important are your retirement plans to you? How badly do you want to quit work in your later years? What will you do to keep your dreams on track?…
HOW DID WE GET HERE?
Part1: Greg Canavan and Vern Gowdie discuss how we’ve arrived at the point where stocks could be about to topple over… and what the consequences could be for the over 55s…
HOW BAD WILL THINGS GET?
Part 2: Greg and Vern look at the maths behind Vern’s 65% drop prediction… and Vern reveals how all it takes is a marginal drop in earnings or multiples. Plus the looming pensions crisis and why it’s more important than ever for the over 55s to ‘get defensive’.