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Be Like The Banker (Panic of 1857)

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Wed, Dec 6, 2023 10:45 PM

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Filthy rich in times of panic | First question: Is the recession already here? Second: What should I

Filthy rich in times of panic [Altucher Confidential] December 06, 2023 [WEBSITE]( | [UNSUBSCRIBE]( First question: Is the recession already here? Second: What should I do now? [Hero_Image] Be Like The Banker (Panic of 1857) [Chris Campbell] CHRIS CAMPBELL Dear Reader, Panic swirling around him, the lone man walked as if he hadn’t noticed. His mind was elsewhere: on the opportunities brewing before him. He headed across the street in a dark, tailored waistcoat, a light-colored dress shirt, and a cravat, as was the custom at the time. His name? Henry Clews, an Englishman who’d risen through the ranks to become a prominent American banker. See… This was 1857, markets were crashing against insane fear. People freaking out, headlines screeching: Endgame for the American Dream? But our man Clews? Calm as a hot swamp. Cooler than a winter breeze in Chicago. And he wasn’t just watching the panic; he was riding it like a dragon, turning that fear into fuel, eating crises for breakfast. Then, boom, the moment he was waiting for… Ohio Life Insurance and Trust Company hits the deck. Domino effect -- banks busting, businesses closing up shop, New York streets flooding tears. Where others saw a disaster, clews saw a canvas, patterns emerging from the panic. How? [A Death Sentence for the Stock Market]( America is racking up credit card debt like we’ve never seen before, which could lead to an unprecedented economic decline in 2024. Everyday investors could lose trillions from their brokerage accounts. The time to prepare is now, and Jim Rickards hasbrought in his #1 financial contact – “The Banker” – to help you do so. This retired hedge fund manager has decades of institutional capital experience and specializes in generating steady returns during extremely volatile markets. [Click here to learn his strategy to play the market’s next downturn now.]( The Revelation Clews understood something fundamental eluding all else. The Panic, he realized, was psychological; a crisis of confidence. He reasoned that the fundamentals of the American spirit – its industriousness and ingenuity – were still intact. In other words, he adapted. It wasn’t the end of the world. It was an opportunity. He bought stocks that had been discarded like yesterday’s newspaper, he invested in businesses deemed too risky by others, and he extended credit when credit was a scarce commodity. As the weeks rolled into months, Clews’ gamble began to pay off. The economy did rebound, as he had bet it would. The stocks that were once deemed worthless began to climb in value. The businesses he had invested in started to show profit. Not only was he right. He was filthy rich. Is The Recession Already Here? Henry Clews' story was a journey from a relatively unknown English immigrant to a titan of Wall Street. It’s a story of the power of calm courage and sharp foresight. Of course, Clews lived in a different time. But his attitude is timeless. While all else were freaking out, Clews adapted to the market, made calm, strategic bets… And came out way on top. Fast-forward to 2023: With another potential crisis looming, our Paradigm colleagues are following in Clews’ footsteps. Here’s the most pressing question: “Is the recession already here?” asks Jim Rickards. “That’s not a rhetorical question. It’s almost always the case that recessions begin before most everyday Americans let alone analysts are aware. Economists on Wall Street and at the Federal Reserve are usually the last to know.” More on that tomorrow. First, some prereqs: What you should do now. For the full scoop, check out the special invitation (and warning) below from Jim. [Click here for all the intel.]( Until next time, [Chris Campbell] Chris Campbell For Altucher Confidential Secret Gold Back currency RUINING Biden’s plans for a digital dollar? [James Altucher]( What you see here is a completely new form of money… As we speak, it's being used as an alternative currency across the U.S. minting in places like Utah, New Hampshire and Nevada… And since it’s made out of a thinly printed sheet of REAL gold... It may be the single best way to protect your wealth from Biden’s plan for a government controlled digital dollar. That’s why, we'd like to offer to send one to you today. But since there are a limited number, I need you to respond to [this message]( by Wednesday at midnight. [Watch this short 2 minute message that explains everything here.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Altucher Confidential is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential.](

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