It all started with that 10,000% return…
Imagine making a 10,000% return on your first investment while still a teenager… and becoming independently wealthy as a result.
Or imagine living like royalty in London, England… Vienna, Austria… the French Riviera… and a private island off the Atlantic Coast all thanks to your trades and investments.
For most folks, that sounds like a dream.
But it’s just regular life for the newest member of the Legacy Research team, Chris Weber.
Don’t worry if you don’t recognize the name. Most folks won’t.
And if you passed him on the street, you’d have no idea this man with gray hair and glasses has attracted a loyal following of thousands of investors from around the world.
But his followers have included some of the country’s best-known economists, political theorists, a 12-term U.S. congressman, the heads of Swiss banks, and some of the world’s wealthiest and most powerful investors.
At one point, Chris’ ideas on currency markets even reached Ronald Reagan in the White House.
And along the way, he built an eight-figure net worth all from his own trades and investments.
You see, Chris isn’t an ordinary guy. He’s one of the world’s greatest investing prodigies.
It all started with that 10,000% return I mentioned when he was just 18 years old.
We’ll take a closer look at that today… and some of Chris’ other fortune-making trades.
Then I’ll show you how you can get access to what could be the most lucrative trade of his 50-year career – what he calls “America’s Next 1,000% Trade.”
10,000% Gain on Rare Gold Coins
Chris made his first currency-driven trade when he was just 16 years old, in 1971.
As you may recall, that was a tumultuous year for the world’s money system. President Nixon ended the last tie the U.S. dollar had to gold.
Since the Bretton Woods Agreement in 1944, the dollar had been backed by gold. And other countries pegged the value of their currencies to the dollar.
But by the early 1970s, inflation was soaring. And fears were mounting that America’s creditors would want to swap their dollars for gold… and drain the country’s gold reserves.
So, on August 15, 1971, President Nixon went on TV to announce that the U.S. was closing the “gold window.” It would no longer convert dollars to gold at a fixed rate of $35 an ounce.
Chris was already a keen student of the international currency system. And he reasoned that, without its gold backing, the dollar would fall against the Swiss franc and other sounder currencies. He also reasoned that gold would shoot up from its government-mandated price of $35.
So, he bought overseas currencies with the $600 he’d saved from working a paper route. He also bought gold.
It was illegal for American citizens to hold gold at the time. But you could get around the ban by buying rare gold coins.
Chris found a way to buy old British Sovereigns, which were made of 22-karat gold. And he bought them “on margin.” This allowed him to control four of these rare gold coins for the price of one.
Two years later, an ounce of gold cost $207. And thanks to his strategy of buying coins on margin, Chris made 10,000% on his money.
In 1971, $60,000 was a lot of money… especially for an 18-year-old. With inflation, that would be about $456,000 today.
This made him free to follow his passion for investing. He got a job at a newsletter that his father subscribed to. And he embarked on a series of fortune-making market calls.
Betting Big on Bonds
By November of 1978, Chris reckoned the U.S. dollar had fallen too far.
So, he backed a rising dollar. And it was perfect timing. The U.S. Dollar Index – which measures the strength of the dollar versus its trading partners currencies – bottomed that month.
And he made 1,000% on that bullish dollar trade.
Then in January 1980, he put his money into Treasury bonds.
At the time, you could earn 11% a year on the 30-year Treasury bond.
That sounds great. The problem was spiraling inflation.
This was at the peak of the inflationary cycle that began in the early 1970s. By 1980, the annual inflation rate topped 13%. So, most folks at the time weren’t interested in an 11% yield. Once you accounted for inflation, it was a losing bet.
But Chris saw what then Fed chairman Paul Volcker was doing to rein in rising prices. And he believed Volcker would succeed in breaking the back of inflation. So, he loaded up on bonds.
Again, his timing was spot on. Inflation peaked in 1980 and was as low as 1.9% by 1986. And Chris lived off the income from his bonds through most of the 1980s.
In the 1990s, Chris turned his focus to infrastructure stocks after an investment scouting trip to booming Southeast Asia. This paid off so well that, by 1995, at the age of 40, he decided to retire from investing.
But Chris loves the challenge of beating the market so much he didn’t stay out of the game for long.
600% Gain on Gold
In 2001, he got back into gold again.
It had been in a bear market for more than 20 years, bottoming out near $250 per ounce from a peak of $850 in 1980.
Chris believed it had gone as low as it was going to go. So, he went back into gold. And he bagged a return of 600%.
But the call he’s most proud of went out to his subscribers on November 17, 2007.
He told them to get out of the stock market because it was going to fall apart. And sure enough, in 2008 it did.
Subscribers who followed his recommendation sidestepped the roughly 50% drop in stocks that followed.
Chris also recommended they buy gold and silver. And these metals went up as much as 170% and 90% over the next five years.
The profitable calls Chris has made since then are too numerous to list here.
But the most recent – a trade on rising interest rates he shared with his subscribers in March 2021 – is up 41%.
Now, you can’t profit from these past calls. The only folks who had access were Chris’ paid-up subscribers.
The good news is you have the chance to subscribe to his newsletter, The Weber Report, and get access to his latest prediction.
Make This Unconventional Money Move
It’s what he’s calling “America’s Next 1,000% Trade.”
It centers on a monetary shift set to hit in March 2024. And Chris believes can set you up for life… if you make an unconventional move with your money.
And even if you’re not interested in the gains on offer… you need to pay attention.
Chris says nearly everyone – regular folks and professionals alike – are making a big mistake today.
And it’s the same mistake everyone made in the 1970s when he booked multiple gains of more than 1,000%.
Today, the public believes inflation has peaked and that interest rates will drop from nearly 6%, where they are today, to about 2%.
Chris says the opposite will happen.
And as someone who’s made tens of millions of dollars over five decades largely as a result of currency and interest rate moves, he’s worth listening to.
That’s why I urge you to clear time in your schedule on October 16 at 11 a.m. ET.
That’s when Chris will get on camera for the first time to share details of what he sees coming.
Make sure to sign up for that here.
Regards,
 |
Chris Lowe
Editor, The Daily Cut