Kris’ note: The end of the dollar.

It must be the most predicted event in the financial markets.

It seems like everyone believes it… and believes that one day it will happen.

From macroeconomic newsletter writers to economists… to politicians of a certain persuasion…. To the pool guy, the bellhop, and your Uber driver.

In which case, you’d think that if – or when – the dollar’s collapse finally happens, it will surprise absolutely no one.

And yet, according to colleague Imre Gams, a dollar collapse will result in “a transfer of wealth unlike anything we’ve seen before.”

It’s a big claim. But this week, Imre will explain exactly why he’s so confident.

Of course, why should you believe him? That’s what today’s guest essay from Imre is all about.

Imre will take you through some of his biggest calls, how he got them right, and how he was able to help folks trade them for a profit.

So, if Imre is right about his next forecast, it’s worth paying attention.

You can click here now to join the priority list for more details on his next big prediction…

Or you can continue reading to see exactly how he traded those past events for big gains.

But first, let’s check in on today’s market action…

Market Data

The S&P 500 closed down 0.2% to end the day at 4,550.43… the Nasdaq fell 0.06% to close at 14,241.02.

For individual stocks, Microsoft closed up 0.31% to $378.61… Apple ended lower by 0.09% at $189.79… and Tesla ended the day at $236.08, a 0.27% gain.

In commodities – today’s prices and the gain or fall over yesterday – West Texas Intermediate crude oil trades at $75, down 53 cents… gold is $2,026.80 per troy ounce, a $36.10 gain… and bitcoin is $36,994.80, down $467.90 from yesterday.

And now, back to Imre…

I’ve built my reputation in the trading world on making big calls that have come true.

These calls have allowed me to work with some of the best traders in the world. For example, my mentor, who once brought in $300 million in profits from a single trade.

But after more than a decade of managing money on Wall Street, I wanted to do something different…

My goal was to bring these same bold calls to Main Street. So, that’s my focus in Market Minute, alongside my colleague Jeff Clark.

Today we’ll review some of those calls across a variety of assets, and how they panned out…

My first big call came on December 1, 2021. Readers were given the key level that I used to call the bear market of 2022. At the time, the Dow had risen over 600 points, rebounding after the omicron COVID-19 sell-off.

Most folks thought the sky was the limit. But I recognized a key level that could mark the start of a move lower. One month later, the Dow had put in a top and plummeted.

Then, I shared another prediction on February 23, 2022. When Russia was on the cusp of invading Ukraine, readers were told exactly what to expect in the energy sector. My analysis called for oil to surge in the short term. That was in line with many mainstream forecasts.

But what I forecasted next certainly wasn’t in any mainstream forecast…

I called for oil to sell off hard after breaching $100 a barrel. Crude oil ran up to $130 a barrel as forecasted… and then ended up hitting $63.64 a barrel by May 2023. That’s over a 51% decline.

Had you been short just one crude oil contract, you could’ve earned over $65,000 in three months…

Now we’ll move on to this year’s predictions…

Starting on January 12, I called the bottom in bitcoin. At that point, bitcoin had already sold off nearly 80% between November 2021 and November 2022.

Bitcoin is currently up over 140% since making that call.

Two months later on March 23, I sent out a playbook for the summer melt-up in stocks. Readers were given key levels to determine if the trend was headed up or down.

This time, the trend was bullish.

Part of that run included an amazing buy opportunity in Tesla in July. Market Minute readers could have banked a 75% gain in the stock in just over 2 months.

And when things were looking incredibly bullish for the markets, I made another bold call.

This time, it probably wasn’t what folks wanted to hear…

On July 31, I warned readers the rally might be coming to an end. As it turns out, the market had in fact already topped. A vicious 10.5% sell-off followed.

Now, please understand not every forecast I make turns out exactly as expected. Not every call comes true. But the important thing is getting them right more often than not.

That’s why I was personally hand-picked to work with one of the best traders I know, Jeff Clark.

And right now, I have another bold call I’m getting ready to make.

This coming event could affect America’s status as the global Superpower… and begin its decline on the world stage.

The financial system each of us uses to invest, save, and spend could be at risk. In fact, it could be unrecognizable after this event takes place.

Simply put, I firmly believe we’re on the cusp of a transfer of wealth unlike anything we’ve ever seen before. To learn what you can do to prepare – tune into my briefing with Jeff Clark tomorrow afternoon, November 28, at 12 p.m. ET.

This is one of the biggest predictions I’ve ever made in my career. No matter if you’ve been following along with my previous calls – or if this is your first time hearing from me – I urge you to attend.

Join me for the opportunity to grab your slice of what could be as large as a $40 trillion pie, right here.

Happy trading,


Imre Gams
Analyst, Market Minute

Unconnected Dots

Our main task at The Daily Cut is to try to “connect the dots.” That is, we help you figure out what events are about, what makes them important, their consequences, and what it all means for you.

But sometimes, we see the individual “dots,” but can’t yet figure out how they connect to anything. Maybe they never will connect to anything.

Regardless, if those unconnected dots feel as though they could be important, we’ll mention them here. And we’ll let you draw your own conclusions.

Today’s unconnected dots…

  • Your editor has spent the past few days in Singapore.

    And with that, we have a few observations that may – or may not – mean anything.

    The place is incredibly clean. After three days of counting discarded litter on the street, we gave up when the count reached four. Two of the pieces of litter were blue face masks.

    On one evening stroll through the city, we watched a young man operate a motorized street-sweeping machine. The ride-on type

    For the life of us, we couldn’t see what there was to clean. But he seemed to be going about his work purposefully. We can only think that his trained eye saw what our untrained eye couldn’t see.

    Aside from that, we don’t think we’ve seen a place more excited about Christmas than Singapore.

    The trees. The lights. The decorations. The music.

    Truthfully, it puts to shame most of what you’ll see in North America and Europe.

  • Chart
  • Getting back to the dollar and money. We noted with interest, the following story from Bloomberg:

    About $29.1 billion flowed into U.S. money-market funds in the week through November 21, according to Investment Company Institute data. Total assets increased to %5.763 trillion from %5.734 trillion the week prior.

    Retail investors have been piling into money funds since last year when the Federal Reserve began one of the most aggressive tightening cycles in decades. Institutional investors tend to wait until rates have peaked or are starting to fall.

    What does this tell you? Investors have been pulling money out of the market. First growth stocks, then income stocks.

    Does that mean retail investors may soon be ready to move back into growth with more gusto? It’s probably too soon to tell.

More Markets

Today’s top gaining ETFs…

  • U.S. Global GO GOLD and Precious Metal Miners ETF +2.3%

  • iShares MSCI Turkey ETF +1.8%

  • VanEck Gold Miners ETF +1.6%

  • RiverFront Strategic Income Fund +1.1%

  • VanEck Indonesia Index ETF +0.8%

Today’s biggest losing ETFs…

  • KraneShares MSCI China Clean Technology ETF -2.4%

  • Global X Lithium & Battery Tech ETF -2.3%

  • KraneShares Electric Vehicles and Future Mobility Index ETF -1.6%

  • Global X MSCI China Consumer Discretionary ETF -1.6%

  • KraneShares Bosera MSCI China A 50 Connect Index ETF -1.3%


If you have any questions or comments for our experts here at Legacy Research, we’d love to hear from you.

Write to us at [email protected] and just type “Daily Cut mailbag” in the subject line.



Kris Sayce
Editor, The Daily Cut