What? How does he know?
What black-magic was that?
The whole world’s waiting for the RBA to make its announcement, at 2.30pm on Tuesday, like they do every month.
And crazy Jon Giaan’s announcing the result to over 200,000 people on his database, 24hrs ahead of time.
How did he know?
Ok, I know I’m looking like some financial markets magician right now, but I wanted to do this as a teaching exercise.
It wasn’t magic. I didn’t have a mole on the inside. It wasn’t even about smarts (remember I flunked high-school, more than once.)
But there’s two reasons why I was able to predict this month’s rate cut, and it’s two rules I’ve used to make literally all of my money.
Curious? You should be.
1. The Game is Never What It Seems
In financial markets, like everything else, the game is never what it seems. There’s the version that the general public get, and there’s the insider version.
Take rate cuts. The public version of the story is that the RBA desperately wants to keep it’s rate cut decision secret, and every time it makes an announcement, it comes as a total surprise to everyone in the market.
If you watch the evening news, that’s the version you get.
The truth of it is, that the RBA doesn’t want to freak markets out with totally random results. They don’t want to cause chaos in the markets.
And so they very carefully start ‘telegraphing’ (yep, it actually has a term) their decisions ahead of time. Not in a super explicit way, but if you’re an insider, and you’re watching the RBA closely, it becomes pretty obvious.
This rate cut was no different. Insiders knew it was coming. The general public, as always, are last to know.
2. Know Who To Trust
So what do you do if you’re not an insider?
Find someone who is and rip them off.
That’s what I did. I’ve researched this space. I know who’s good on this stuff. I know who’s at the end of the RBA’s telegraph line.
Once I figured that out, the hard work is done. All I have to do then is follow them, and they’ll tell me everything I need to know.
Almost all the money I’ve ever made has been made in this way. People look at my wealth and think that I must be creative and original – that I must have special insight.
The truth is exactly the opposite. I look for people who are getting the results I want, and then I get them to teach me how to do it.
It really is as simple as that.
To play the insider game, you don’t always have to be an insider. You just need access to one.
And that’s it. That’s all there is to it. Ta-Daa.
That’s how this high-school drop out made his fortune and is now able to predict the RBA’s supposedly secret decisions.
It’s all about insider access – finding someone who can show you how the game really works, and how to play it well.
It’s a strategy for life.