Oil is now WORTHLESS!

 

Dear BTST Member,

Yesterday the world changed forever.

It will go down in history as “Oil Armageddon”. What happened yesterday has never happened before in history.

It’s the kind of event that creates wars and revolutions, and BTST Members need to know about it…

So what happened?

When oil started trading yesterday in the US, the price was around $18 per barrel.

Throughout the day it proceeded to fall off a cliff by completely crashing by more than $50 to *MINUS* $40.32!

What does that actually mean?

It means US oil producers are now having to PAY refineries to take the oil away, because they simply aren’t able to, or can’t afford to store it!

At one point yesterday the producers were paying $40.32 per barrel to have buyers take it away from them!

Many governments around the world are totally reliant on oil revenues, and much — or all — of their income income just evaporated in an instant…

The world’s largest oil producer is the United States. I think we will very quickly see Trillions upon Trillions of dollars of “bailouts” coming, which is terrible for savers, and could potentially start a hyperinflation of the dollar.

Isn’t this just a US problem?

No. We live in a global economy and the pound – just like pretty much all other “fiat” currencies – are backed by the dollar!

I can’t stress how big this is.

Oil producers are pumping oil out of the ground — and spending a massive amount of resources to do so — and then paying refineries to take it away!

Why?

Well, there is a whole supply chain which exists on a massive scale.

Even if they could just instantly turn off the pumps — which I’m not entirely sure they can — they can’t just shut it off like a switch, because there are pipelines and huge tanks which are full. There could also be governmental regulations I don’t know about that require them to keep pumping…

Either way, there is a LOT of “above ground” oil and nobody wants it!

The producers need to get rid of it. And as they can’t sell it, or even GIVE IT AWAY because there is no demand, the US producers are having to pay people to take it.

We need to understand the knock-on effects coming in order to protect ourselves.

I believe we are entering the “deflationary” period (where things get cheaper temporarily) that always occurs before hyperinflation.

If we enter hyperinflation, you REALLY don’t want to be holding any cash savings, because they will very quickly become worthless.

This is all explained in detail in the Member Report.

If you needed to be shocked in to taking action to protect yourself from the ramifications of the financial collapse then please let this be the shock you need!

I implore Members to take these actions to prepare yourself:

1) Learn about precious metals (in particular Gold and Silver);

2) Learn about Bitcoin

Whatever you do, please, please, please don’t bury your head in the sand!

If you can’t be bothered to learn about protecting yourself, I’d urge you to ask a family Member do it for you.

You can thank me when this all plays out :-)

All the best,

Adam

P.S. If you’d like to learn about Gold, Silver and Bitcoin from the Member Report, I’ve just reduced the price back down to the price we did at Launch. I wouldn’t normally do such a thing but we’re entering dire times and I want to encourage as many Members as possible to get the information:

• You can get the report with the discount here

P.P.S. We’ve just added a Kindle / eBook version of the report, which you can download on the “thankyou” page you are directed to after ordering:

• You can get it here