Is Dollar shaking Markets and Investors?

As the old saying goes, “It’s hitting the fan.” In the wake of the U.S. housing bust, the dollar is struggling against major world currencies. And every time the government tries to rescue lenders or borrowers, it just makes the dollar panic that much worse.
After pouring tens of billions of dollars directly into the mortgage markets and then slashing the Fed’s discount rate, the government has launched an all-out assault on the rapidly spreading housing and mortgage catastrophe.

First, President Bush announced that Washington is about to throw yet more money at the credit crunch with massive spending initiatives to help at-risk mortgage holders keep their homes.

On the very same day in Jackson Hole, Wyoming, Bush’s hand-picked Fed Chief, Ben Bernanke, said in public what he’s only been admitting to congressmen behind closed doors: That the Fed will do whatever it takes to bail out failing financial institutions.

English translation: “We’ll throw billions ... tens of billions ... even hundreds of billions of newly-printed paper dollars at this crisis if that’s what it takes to bail out irresponsible borrowers and lenders.”

Does Bernanke know what that means? Does he understand that every new paper dollar he throws into the economy reduces the value of every other dollar in circulation?

Does he know that by devaluing the dollar he is, in effect, robbing you of purchasing power and making every investment you own worthless?

Of course he does. Bernanke graduated from Harvard summa cum laude with a B.A. in economics. He has a Ph.D. in economics from the Massachusetts Institute of Technology (M.I.T.). And before he joined the Fed, Bernanke was Professor and Chair of the Economics Department at Princeton.

Bernanke understands the basics of supply and demand. He knows that by throwing billions of unbacked paper dollars at the credit crunch, he’s devaluing the U.S. dollar.

But does he care that he’s destroying your buying power, the value of your investments and putting your retirement at risk? Maybe… maybe not.

But one thing is for sure: He is far more terrified of what will happen if he does not avert the vicious cycle of home price declines and foreclosures now sweeping across the country. That’s why we have come to such a critical crossroads for every single financial decision you could possibly make.

That’s why it’s so essential that you register for our first ever online Emergency Video Summit presented by one of the country’s foremost experts on protecting your money, Martin D. Weiss.

Martin Weiss, chairman of The Weiss Research Group, is one of the nation's leading providers of a wide range of investment information.

Dr. Weiss began his career in 1971 when he founded Weiss Research, dedicated to evaluating the safety of financial institutions and investments for consulting clients. In 1980 Dr. Weiss began issuing formal safety ratings on banks and savings institutions. His firm issued the first independent insurance ratings in 1989, the first ratings of brokerage firms in 1992, and the first HMO ratings in 1994.

Dr. Weiss has appeared on ABC, CBS, NBC, CNBC, and network news programs, including The Today Show. He has been quoted in hundreds of newspapers and magazines, including The Wall Street Journal, USA Today, The New York Times, The Chicago Tribune, The Los Angeles Times, Esquire Magazine, Money, Business Week, Fortune, and The Institutional Investor.

Martin Weiss has teamed together with noted currency expert Jack Crooks, of Crooks Currency Service, to bring you this Free Video Summit: The Great Dollar Panic of 2007-2008: Urgent Self-Defense and Massive Profit Opportunities.

My friends, what you are witnessing today is not just a housing bust, but also a mortgage meltdown. Not just a mortgage meltdown, but also a credit crunch. Not just a credit crunch, but also a dollar panic.

This is why you need self-defense so urgently. In this action-packed hour, world currency expert Jack Crooks will give you new proof that this mushrooming mortgage meltdown and credit crisis now threatens every dollar you earn, save and invest — and how it’s destroying your buying power, your investment potential and even your chances of a secure retirement.

Plus, for the first time ever, Jack will explain why he’s convinced that as the U.S. dollar plummets, the greatest profit opportunity in years is now taking shape on the other side of the planet.