A Tale of Two Americas

What a week... gold below $1,200, a Chinese slump and America's manic future... Saturday, June 29th, 2013   A Tale of Two Americas   Squinting at what used to be the yellow metal's spread... On America's bipolar future... China's whimper, your idea of America and more!       There could be blood in the streets if CNN, FOX and other news networks air this video But talk about an investment windfall!   This video clip documents a miracle of scientific discovery — proof that you, your spouse and your children could accomplish what was previously thought impossible... what many in the world will believe is a violation of God's will.   Do you have the courage to watch his video?       Peter Coyne, looking forward after a week exploring America's bifurcated future... Peter Coyne We begin with a reader's attempt at a haiku. No doubt it would make Bill Bonner and Otis Redding proud: "Mobs, Messiahs and markets too, Empire of Debt -- U.S. of I Owe U, There's really not that much left to say... Just sitting here on the dock of the bay, Waiting for financial reckoning day." Our market outlook and most of our projects in five lines? And it rhymes? Bravo. The big news this week? Gold dropped below $1,200 for the first time in three years. Just two days prior to the drop, Lauren Lyster of Yahoo's Daily Ticker mentioned @DailyReckoning in a tweet regarding the yellow metal. She was quoting our own Byron King on the spread between the cost of bringing an ounce of gold out of the ground and selling it. Now that spread has become nonexistent. "Probably another reason why the Chinese government urges its citizens to buy gold and silver..." responds a reader to the price drop. Maybe. We were unimpressed with "China's whimper" this week, so we decided to examine America's bipolar future instead. After all, it's what inspired this year's Vancouver Investment Symposium theme, "The Tale of Two Americas." Pivoting to next week, with the Fourth of July upon us, we want to know: Has America strayed from its roots... or is it still a shining city on a hill? Send us your "idea of America" at dr@dailyreckoning.com Read on below for the week's top five must-read essays on both topics... P.S. At midnight tonight... we're pulling the plug on our most controversial research ever. Click here for the details... or simply read the essay "Patient Zero," below, for an editorial take on this investment opportunity.       A Contrarian Play for Volatile Markets If you're worried about the condition of the U.S. equity markets… this may be the most important video you could see right now. It's about a chance to cash in on a government mistake… while the rest of the world crumbles around us. Click here and watch this urgent video before it's too late!       This Week in the Daily Reckoning...   Better Than Fracking By Neil George The industry is refocusing on another older technology that could lead to a new wave of oil production. In fact, it could lead to more oil output than fracking... China's Growth Story Ends With a Whimper By Dan Amoss Everything in China is about making the GDP number. Politicians are fixated on the result, rather than how they get there. How Risk Takers Can (Still) Conquer the Debt Crisis By Addison Wiggin The future Chris Anderson envisions is about opening the doors of entrepreneurship to anyone with a little imagination and an Internet connection. Disruptive by Design By Chris Anderson We all have our own needs, our own expertise, our own ideas. If we are all empowered to use tools to meet those needs, or modify them with our own ideas, we will collectively find the full range of what a tool can do. Patient Zero By Joseph Schriefer Imagine being able to have a small patch of skin removed and then used to repair any needed part for your body. You could have a new pancreas, new bone marrow or new eyesight. This will be commonplace in the very near future.       Tax-Free Income, Now Made Easy "My wealthier investing friends love this move," says rich retiree Neil George, "because it's such a perfect way to collect income... without paying ridiculously high taxes. It's all tax-free."   The thing is, you don't need to be rich to benefit. Anybody could do this, for up to three tax-free checks every month. That's 36 tax-free checks each year. All you need to do to get started is click here for details...         BE SURE TO ADD dr@dailyreckoning.com to your address book.       Additional Articles & Commentary:         To end your Daily Reckoning e-mail subscription and associated external offers sent from Daily Reckoning, feel free to click here to unsubscribe. 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