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Is This the End of Money?

November 13, 2008

By Richard Young, Editor, Intelligence Report

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Richard Young

Richard Young

Richard Young began his investment career in 1963 with Clayton Securities in Boston, and founded Young Research & Publishing, Inc. in 1978 to publish Young's World Money Forecast. In 1989, Dick founded Richard C. Young & Co., Ltd. (Newport & Naples) to manage portfolios for substantial investors.

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Whatever wealth you have is about to be "spread around" by President-Elect Obama. Whatever wealth you have left after that will be brutally redistributed by the stock market.

Heads you lose. Tails you lose.

Plus, the same good folk who have been running the post office will now be in charge of Wall Street.

Washington's bold initiatives could force the national debt to skyrocket to almost 70% of the GDP.

I'm writing today to do what I can to STOP your losses from becoming much bigger.

The loss I'm talking about is the loss of everything you've sweated for—all gone in the next 69 days.

Last time there was a filibuster-proof Democratic senate, we got Lyndon Johnson's Great Society. The time before that, we got FDR's New Deal.

A cornerstone of The New Deal was, of course, Fannie Mae, down 98% this year and now under government conservatorship because, as Warren Buffett said, "They had a blank check."

Get ready. Here comes the New Deal II. Are you ready for the greatest forced transfer of wealth in history? Are you ready to protect yourself?

A Critical Moment

The next 12 months will be momentous. Count on it. How you play it will determine your standard of living for the next decade. Don't let the headlines distract you. The real news will not be televised, and the politicians are clueless.

The real news is this…