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December
23
2021

How to Use the Markets to Your Advantage
Nomi Prins

Maria’s Note: Maria Bonaventura here, Rogue Economics’ senior managing editor. I’m thrilled to welcome our new editor, Nomi Prins. Nomi is a best-selling author and financial journalist. But once, she was a Wall Street insider…

Nomi worked as a managing director at Goldman Sachs… ran the international analytics group as a senior managing director at Bear Stearns in London… and was a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank.

Over the next few weeks, Nomi will show you why she left her career as a global investment banker… and set out to demystify the world of money.

And, going forward, you’ll hear from Nomi and her team every day in these pages. They’ll shed light on the ways the elite few manipulate the financial system to serve their own interests, at the expense of everyone else.

And they’ll put you on the right side of a disconnect Nomi sees between the economy and the markets. Read on for today’s insights…

Markets don’t care about you.

That’s one of the key things I’ve learned over my career as an international investment banker and investigative financial journalist.

They don’t care who you vote for, what you wear, where you live, the size of your mortgage or rent payment, or whether you work from home, in a factory, or run your own business.

They only care about one thing… Money coming in, and money going out. Period.

If you understand this, you can make considerable profits from the disconnect between the markets and the real economy. But only if you’re armed with the right tools…

You’re going to hear a lot about that from my team and me in the coming weeks. We’ll provide you with specific ways to take advantage of this disconnect.

First, in today’s essay, let me show you why I went from my old life on Wall Street… to my new life exposing the secrets of the monetary, financial, and economic systems that create and move money around.

As you’ll see, I’ve made it my mission to expose what’s going on inside Wall Street.

Understanding this is crucial if you want to be on the right side of the disconnect between the markets and the economy.

Let me show you what I mean…

Scandals and Corporate Favoritism

Since I left Goldman Sachs, I’ve dedicated my life and work to helping people understand what’s happening in the world of money, and what it means for your wealth.

I wrote my first book on this two years after leaving Wall Street.

I dug into the elite connections that shaped corporate favoritism… and the scandals that resulted.

And I warned of the calamity that would befall the financial system due to the house of cards Wall Street had created, through credit derivatives and collateralized debt obligations.

In fact, I didn’t just forecast the 2008 financial crisis four years before it happened… I wrote about how and why it would unfold.

In 2004, I published my first book about this, Other People’s Money: The Corporate Mugging of America.

In it, I warned that the “next bull market’s bust will be even more devastating than the last one.” And I wrote this about the activities of big banks and insurance companies, such as AIG:

A brewing area of conflict of interest at the supermarket banks is their use of credit derivatives… The picture will only worsen when [insurers] start admitting their losses… which they are not obligated to disclose during their fall, but only when they hit bottom.

Four years later, these activities led to the mega-bank bailouts during the financial crisis.

Exposing the Shadiness of Corporate America

I was one of the few insiders who dared to expose this exclusive global banking framework.

I wasn’t afraid to talk about it. But nobody listened…

Until the crisis hit. Then, my phone didn’t stop ringing. Interview and speaking requests came fast and furious.

Since then, I’ve made it my mission to shed light on the moral rot at the core of Wall Street and the shadiness of corporate America. I’ve exposed…

• How the too-big-to-fail banks that got bailed out during the financial crisis had the tightest top-level government connections and the most help from the Federal Reserve. There was a pattern…

• The blood, money, and power relationships between Wall Street banking dynasties and American presidents throughout the 20th century. These connections still impact our lives today…

• I even filed Freedom of Information Act requests to uncover information at the Clinton and other libraries, to get to the bottom of how those banking-political relationships impacted ordinary people.

And I uncovered these relationships on an international scale… In 2018, I revealed the true story behind the rise of global central bank power in the wake of the financial crisis of 2008, and how it was altering the nature of free markets.

You see, more money flows into the markets than the real economy.

And as I touched on in the points above, that comes down to connections, control, and central banks.

How so? And what does it mean for investors today? Let me explain…

Conjured Money and a Rigged System

For years, major central banks have reinforced a rigged system that has brought more inequality to the world.

By the time the Covid-19 pandemic hit, central banks had conjured a $30 trillion monetary cushion across two crises to support major financial players and the markets.

And they did this at the real economy’s expense.

We’re now at the point of no return from permanently subsidized markets. The richest 1% hold more wealth than the 7 billion other people on Earth.

That’s why disruptions to the prevailing system are set to intensify.

These will include civil and political unrest, as you already know if you’re a regular Rogue Economics reader.

But there will also be opportunities to profit…

For example, we’ll see the spread of cryptocurrencies pushing back against the fiat currencies of the established monetary system, along with other seismic shifts.

What does this mean for you?

Well, if you know where the money is going, you can position yourself to profit ahead of the disruptions I see coming.

We’ll show you how to do this in the weeks and months ahead. Our goal is to turn central banks’ policy games and the market-economy disconnect into big gains for you.

So stay tuned… I’ll be in touch again soon.

Regards,

Nomi Prins
Editor, Inside Wall Street with Nomi Prins

Maria’s Note: Stay tuned for more from Nomi and her team over the next few days. They’ll show you ways to take advantage of the trends that will shape 2022. Tomorrow, you’ll hear from Laurynas Vegys. Laurynas has an extensive track record of investing in stocks, cryptocurrencies, and financial derivatives. He specializes in spotting megatrends in sectors like precious metals, mining, and tech. Look for Laurynas’ essay on the opportunity in an often overlooked precious metal in your inbox at 12:30 p.m. ET tomorrow.

Like what you’re reading? Send your thoughts to [email protected].

 
Nomi Prins is an independent journalist, author and speaker. Her latest book is a dramatic historical novel about the 1929 crash, Black Tuesday. Her last book was It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street (Wiley, September, 2009/October 2010). She is also the author of Other People’s Money: The Corporate Mugging of America (The New Press, October 2004), a devastating exposé into corporate corruption, political collusion and Wall Street deception, chosen as a Best Book of 2004 by The Economist, Barron's and The Library Journal.  Her book Jacked: How "Conservatives" are Picking your Pocket (whether you voted for them or not) (Polipoint Press, Sept. 2006) catalogs her travels around the USA; talking to people about their economic lives.

She has appeared on numerous TV programs: internationally for BBC World, BBC and RtTV,  and nationally for CNN, CNBC, MSNBC, CSPAN, Democracy Now, Fox and PBS. She has been featured on hundreds of radio shows globally including for CNNRadio, Marketplace, NPR, BBC, and Canadian Programming. 

Her writing has been featured in The New York Times, Fortune, Newsday, Mother Jones, The Daily Beast, Newsweek, Slate, The Guardian UK, The Nation, Alternet, LaVanguardia, and other publications.

Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, and ran the international analytics group at Bear Stearns in London. She is a Senior Fellow at Demos, based in Los Angeles.

www.nomiprins.com