Do you remember the housing bubble that threw the markets and economy into chaos? Of course, you do—none of us can forget that time.
It was devastating for most Americans, but did you know there was a small group of people who saw it coming and positioned themselves to make life-changing profits from it? If you’ve seen the movie The Big Short, you’ll know exactly what I’m talking about.
Well, a new housing bubble has been building steadily, and when it bursts, a massive amount of money is going to change hands once again.
And if you follow this Profit Playbook, you’ll know exactly how to make sure you end up on the winning side this time…
This current bubble traces back to rising consumer debt in Canada.
Combine that with poor employment figures, negative economic news, and a weak Canadian dollar, and you’ve got a situation where the U.S. could raise interest rates while Canada lowers theirs.
Of course, this depends on whether Fed Chair Jerome Powell and his colleagues actually follow through with their interest rate talk… but don’t hold your breath on that one.
What we really need to focus on is the Canadian housing bubble that continues to grow.
I’ve touched on this issue before, so I won’t rehash it all here, but let’s just say that Canadian real estate has been snapped up by people whose financial situations suggest they shouldn’t be able to afford it.
Sound familiar? That’s exactly what happened in the U.S. right before our housing bubble grew to astronomical proportions!
But enough of the doom and gloom—you get the idea.
So, what can you do to ensure that when this bubble pops, you’re standing where the money flows?
The first and most obvious step is to sell any Canadian property or real estate you might own.
And if you’re thinking about buying Canadian real estate, hold off for a few years—you could see prices drop by as much as 40% from today’s levels!
Lastly, it’s time to consider shorting the Canadian dollar and Canadian real estate. That’s where the real money will be made when the bubble bursts.
This is exactly what our expert team at The Midas Legacy will be doing for subscribers to our premium services like Midas Wave Alert and C.H.I.R.P.!
Get ready to cash in when the time comes…
