| September 27, 2014 | | | | | | | |  | | | | Weekend Edition: The "End of History" Is Postponed | | | | | - Housekeeping: Be in your seats Tuesday for the "Prophecy 2015" reveal...
- This week's five must-reads: How to profit from global warming (even if you don't believe in it)... how to capture "insider" stock gains… the U.S. comedy of errors that armed ISIS and more!
- Then, Byron King gives a brief update on military spending trajectory and why he believes politicians out of their comfort zones will increase military spending in the years ahead...
| | | | | | | | | | | | Secret army STUNS Americans This shocking presentation expires at midnight on Sept. 28th A former naval flight officer with over 1,200 hours of fighter jet time has gone on video to spill the beans on this hidden program. It's so scandalous, in fact, the CIA is spending billions of dollars a year to keep it under wraps. | | | | | | | | | | | Baltimore, Maryland
September 27, 2014 Dear Reader,
I'm traveling to North Carolina to check out a new satellite office we plan to open in Durham. If you don't mind, I'll keep today's episode short.
First, some housekeeping. Please be in your seats Tuesday for a special announcement. We'll wrap up our mini-theme, "Prophecy 2015." You'll find out who our "inside man" is and learn the dire financial forecast he's making.
If you have any money in the markets, or plan to in the near future, you'll want to hear it.  Our "contact" has worked with the CIA, spent decades in investment banking and is the world's foremost expert on the U.S. dollar.
Again, on Tuesday, we'll unveil his name and bio to much fanfare. At that point, you'll be happy you put up with our text blackouts we've been publishing. Be sure to open our reckonings for more info.
This week, we bounced around topics -- starting with profiting from climate change (whether you believe in it or not)… to the threat of Chinese hackers and rechanneling "fifth domain of war" money back into your pocket. You'll find each essay below in today's top five must-reads. Read on...
P.S. Before you scroll down, here's a funny cartoon The Rude Awakening's Greg Guenthner sent me over IM yesterday:  New Law Passed Acknowledging Legitimacy of "Underground Banking" This new banking system is already exploding across the globe. It even has its own ATMs up in cities all over the U.S. Click here now to find out how this new account could change banking forever.
The Shocking System KILLING the White House It's BANNED in nine countries... But, by some accounts, could be the easiest thing you do to grow your wealth this year. Click here for the surprising truth. This Week's 5 Must-Reads Featured on Dailyreckoning.com... 1) Global warming is one of the most debated subjects of the last few decades. But regardless of whether you're a "true believer" or a merely an unconvinced skeptic, there are significant ways to make serious money from this controversial topic. On Monday, Addison Wiggin brought you three of them. Click here to learn them now... 2)With so many "surefire" investment strategies, it's difficult to know which will work. But according to investment director Paul Mampilly, there is one thing you can always count on: The insiders always save the biggest gains for themselves. Luckily, he's developed a system that allows you to tap into these kinds of "insider gains" for yourself. Read on… 3)Since before the tech bust, we've been suggesting that while Americans "think" they're getting richer… they're actually getting poorer. The reason is what we call "extraction." The government takes money from you in order to aggrandize itself. Recouping your money, however, is as easy as "making the Empire pay." That idea, we know, makes some of you squeamish. Addison explains the ethics behind the idea, right here. 4)When Obama first announced U.S. airstrikes in Iraq, most people had no idea that it was to destroy U.S. military equipment in the hands of ISIS. The story of how it happened would be funny if it weren't true. Chris Campbell explains the comedy of U.S. errors… 5) "Within the stock markets, there's been a strong interest in defense firms over the past two years, despite the gloomy news about defense budgeting," explains our own Byron King. We suggested Thursday that you look into the iShares Aerospace & Defense Index (ITA: NYSE) to grab a piece of the action. Here's how the ETF's performed over the past two years: "I suspect we'll see more of this in the months and years to come," explains Byron. "We're on the cusp of a new, investable era in the defense sector." Read on for more... | | | | | | | | | | | | "I can get gasoline for HOW MUCH?"
You're getting fleeced. The national average for a gallon of regular is now $3.68. And it'll only get worse.
But did you know…
That some are getting gasoline for what amounts to as little as 97 cents a gallon?
| | | | | | | | | | | | | | Sorry, the "End of History" Has Been Postponed | | | | by Byron King | | | | |  |
Not long ago, I spoke with a mainstream media guy who writes for an international wire service. His beat is domestic politics, meaning big-name Washington, D.C. politicians, Capitol Hill back-room deals, national campaigns, major domestic policy and more. The guy has good gossip, that's for sure. For example, he told me what Senate Majority Leader Harry Reid (D-NV) eats for breakfast many days at the Ritz Carlton Hotel in Washington. (Actually, did you know that Harry Reid lives at the Ritz Carlton? I was astonished, I confess.) The news-writer also follows trends in Congressional budgeting, including the Defense Department. And right now, budget-writers are in a thick quandary. Federal entitlement outlays are growing much faster than forecast -- Social Security, Medicare, Medicaid payments are exploding. On the day-to-day side of the federal budget, "overhead" items -- salaries for bureaucrats and related costs like office space, health care and retirements -- are going through the roof. In general, government is expanding in terms of numbers and cost of doing business. Big Government is expensive, and it's no secret. (What do all those government people do, though?) Until recently, the idea on Capitol Hill was to find "savings" in the defense budget and use those funds to pay for all the other goodies in other areas. It's Obama administration policy, Democratic Senate policy and even Republican House policy. Everybody is in on the deal, in the sense that government is its own special interest, certainly in Washington. Rob Peter and pay Paul, so to speak. | "The idea that 3D printing is a gimmick, suitable only for hobbyists, looks ever less likely" | In the past few years, we saw preliminary hits to the defense budget with "sequestration" and such. Shrinking Navy, shrinking Air Force, shrinking Army and more, right? Looking ahead, money programmers were planning to carve out even more from the defense side of the ledger. In fact, to many policymakers in Washington, defense is "free money" for other pet projects. It's a sign of the times, flowing from that "end of history" school of thought from the early 1990s. Now, however, the situations with Russia, Ukraine and ISIS has upset the apple cart, so to speak. The problem for budget writers is that there's an entirely new strategic situation in the world, with an assertive Russia working in tandem with an expanding China and increasing violence in the Middle East. Many budget writers in Washington have to reboot their entire worldview. The "end of history" has been postponed. Western politicians -- certainly an entire generation of U.S. political honchos -- are petrified of what's happening. They really don't know what to do. By background, training and temperament, most elected U.S. politicians are not well versed in big-time international diplomacy. They're not strategic thinkers in the Naval War College sort of way. At a personal level, they're out of their comfort zone and have to rely on think tankers and subject matter experts for advice. It's a long story. Over the next few years, however, I believe the government will display entire new levels of budget programming for U.S. defense firms. Here in the Daily Reckoning that should be no big news flash. But we're exceptional, I suspect, in our collective foresight about defense spending trends and helping you profit from them. The plays I've recommended in my Military Technology Alert portfolio are up as much as 34%, 51% and even 153%. You can gain access to all of my picks, by clicking here. Regards, Byron King for The Daily Reckoning P.S. Tomorrow, we're pulling my red-hot presentation offline. The video will disturb you and change everything you think you know about technology in America. It's already disappeared from the Web twice before. After tomorrow, it may never air again. That's why I urge you to sneak a peek now (before it's gone… possibly for good). Literally thousands of your fellow readers have watched it and emailed us reactions. It's about a Pentagon coverup taking place not 30 minutes away from our headquarters in Baltimore. Click here now to watch it. Again, after tomorrow, your chance to see it will be gone. | | | | | | |  Byron King is the editor of Outstanding Investments, Byron King's Military-Tech Alert, and Real Wealth Trader. He is a Harvard-trained geologist who has traveled to every U.S. state and territory and six of the seven continents. He has conducted site visits to mineral deposits in 26 countries and deep-water oil fields in five oceans. This provides him with a unique perspective on the myriad of investment opportunities in energy and mineral exploration. | | | | | | | BE SURE TO ADD dr@dailyreckoning.com to your address book.
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