Richard Pierce, the guru behind Recession Profit Secrets claims that the Federal Reserve and big banks are working together to take money away from Americans.
He claims that the elites will loot your savings and your bank account and render money less valuable thus triggering a recession and the only way to survive that is to buy the Recession Profit Secrets guide.
In this Recession Profit Secrets review, we will be taking a closer look at the program and the story behind it to learn more about it and whether it is legit.
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Recession Profit Secrets Review
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What is Recession Profit Secrets?
Recession Profit Secrets is a money-making system that the creator describes as a “Step-By-Step Blueprint for Collecting Money During a Recession and Walking Away Wealthy.”
Recession Profit Secrets was created by someone called Richard Pierce. Richard came up with the Recession Profit Secrets program to help his friend, Michael, who had lost everything during the Global Financial Crisis.
Richard narrates how his friend came to him seeking help because he had lost his job, his savings, retirement fund, and family. He needed advice on how he could turn things around and Richard decided to create a guide for him. That’s how Recession Profit Secrets came about.
Richard says that the financial system we have is flawed and a “real-life conspiracy” because it allows the rich banks to conspire how they will make money at people’s expense. He even says that they are in cahoots with the government and the Federal Reserve and he calls this alliance “the dollar burning cartel.”
He claims that the actions of the banks along with the Fed will create a big recession that they will use to make more money. He says that Recession Profit Secrets is a guide for ordinary people to survive that.
On the sales page, he claims that Recession Profit Secrets is a moneymaking system that comprises digital products like digital guides and videos that show you how to make money in a recession.
Richard says that his friend, Michael used the Recession Profit Secrets system to turn himself from a homeless person into a millionaire.
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An Impending Market Crash?
Richard believes that banks are creating a financial crisis that will eat away at people’s savings. He says,
“I need you to understand…
You will be affected by this act of war against your money.
Unless you follow a few easy steps to protect your money and walk away wealthy after this “engineered market crash”…
You will lose money.
I can’t say how much, but it’s safe to say that if you have ANY amount of savings, it will be close to useless after this crash.”
He also says that money is losing value due to “skyrocketing hyperinflation.”
And who’s to blame for that? The Fed printing money.
We’ve seen this before in other presentations when financial gurus claim that the Fed is to blame for a worsening economy. Guys like Bryan Bottarelli (The Great Stockflation) and Nomi Prins (Dark Money Spikes) where they blame the Fed for accelerating a financial crisis by printing money.
Richard says that the warning signs are starting to show in some markets and alleges that it “looks worse than The Great Depression.”
To further solidify his claims, he says that it is possible to predict the future of the economy by relying on tools like the K-Waves.
This tool was invented by Nikolai Kondratiev, whom he says was shot to death for his discovery because the people in power want these K-Waves to happen so that they can “manipulate the market and steal your money’s value.”
He says that K-Waves indicate that the economy is about to go into crisis mode.
However, he claims that the impending “manmade financial crisis” is a hidden opportunity for you to build wealth in what he refers to as “the biggest money-collecting secret in the last 91 years.”
To earn your financial freedom, he says that you need to know the three rules of wealth creation and protection.
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The 3 Rules of Wealth Creation and Protection
Richard says that the wealthy live by three rules when creating wealth. These are:
Wealth Isn’t Earned. It’s Collected
He says that the wealthy people don’t sacrifice their time to get paid. Instead, they “collect wealth.” They are part of a system that earns money even when they are sleeping yet they make more money than people who are employed. This is the approach that Robert Kiyosaki champions in his book, Rich Dad Poor Dad.
Don’t Let the Banks Burn your Dollars
He says that the Fed and big banks are colluding to form a “dollar burning cartel.” He explains that the Federal Reserve encourages inflation by printing trillions of dollars thus devaluing the greenback every year.
He says that the money you earned last year is worth less today and these institutions encourage it because it raises the value of their assets, including rental properties, stocks, and other investments.
Don’t Add To your Money. Multiply It
This rule is related to the first one because he says that it is better to multiply your money 100X than it is to add $100 to your account. So, he says that you should find a way to multiply your money to guarantee your financial security.
He believes that the best way for you to survive this and learn more about how his three rules work is to sign up for his program, Recession Profit Secrets. Before we get to the program and how it works, let’s take a look at the guru behind it.
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Who is Richard Pierce?
“Richard Pierce” is an investment analyst who claims to be a multimillionaire who made his first million by the time he was 35 years old.
Richard Pierce is NOT real?
I put his name in quotes because he does not exist. At the bottom of the sales page, it states “The name Richard Pierce is a professional name used by the author as a safety measure.” It’s like those authors who write books under a pen name to keep their identity hidden.
While it is within the program creator’s right to hide their identity, using a pseudonym can be problematic especially when you are offering investment advice (personal or general).
It comes across as lacking transparency because readers can’t prove whether the analyst has the proper credentials or the experience that would make them more trustworthy than the average guy on the street.
I suppose you can contact whoever is behind Recession Profit Secrets via the channels they’ve provided to their readers.
What we know about Richard Pierce
The creator of Recession Profit Secrets (or “Richard Pierce”) says that he has been developing strategies to “protect his money from the ‘dollar burning cartel’ which comprises the Federal Reserve, big banks and the federal governments. He believes that those strategies, which he has been working on for over 23 years through trial and error, will allow him to walk away from a possible recession wealthier.
“Richard Pierce” claims that when you buy buy Recession Profit Secrets, you uncover the strategies that he uses to protect his wealth and with them, you will be aware of the actions you can take during a recession to get richer.
Richard says that he charges clients $1,000 per hour for investment advice and by offering Recession Profit Secrets to users at its price, it is a bargain.
Richard has appeared on mainstream financial news media outlets like NBC, Fox, ABC, and CBS News where he has given his opinion on the economy and the capital markets.
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How Does Recession Profit Secrets Work?
Richard claims that it is a done for you system that guides investors on how they can create real wealth in a short period just as Michael did. More importantly, Recession Profit Secrets is meant to show you how to survive, if not thrive during an economic crisis as financial institutions rob ordinary people.
He also says that with that kind of money, you may never have to work again and you will be comfortable financially for life.
Here are some of the issues Richard has discussed in Recession Profit Secrets:
- Multiply your wealth. This one goes with his third rule of making money. Richard believes that the best way to gain rapid wealth is to learn how to multiply your money.
- How the ‘dollar-burning cartel’ is stealing your money. Richard says that hyperinflation is created intentionally to increase the dollar value of certain assets and Recession Profit Secrets explains how this happens.
- Emulate the elite. The rich people in the world (CEOs and bankers) use many loopholes to multiply wealth during a market crash and that’s what Richard wants you to do.
- Work with any starting amount. Richard says anyone can become a millionaire whether they are starting with $100 or $1,000 if they follow his Recession Profit Secrets strategies.
- Little to no effort. Richard says that his moneymaking system requires zero effort because there are no complex strategies. Just simple instructions that anyone can carry out.
- Earn wealth fast. He also says that the principles he pushes via the Recession Profit Secrets program earn returns quickly so that you don’t have to wait for years to see sizeable returns.
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What Recession Profit Secrets Looks Like When You Buy
Recession Profit Secrets includes a host of digital programs that teach you the principles that are meant to guide you to financial freedom.
The Recession Profit Secrets program comprises five modules that tackle different aspects of wealth creation, including recession-specific wealth building opportunities.
The five modules are:
Module #1
Richard gives you a behind-the-scenes look at how big banks work to devalue money. He also covers what he calls an “$11 trillion scam” that was allegedly carried out by Wells Fargo. He says that what you learn from this module will save your bank account thousands of dollars.
Module #2
Like many other investment gurus have been warning, Richard also believes that we are in an economic bubble that will burst thus destroying people’s savings in bank accounts, investments, and money in retirement funds. He also talks about a law that was passed by the government to apparently ruin your bank account.
Module #3
He discusses “the future of wealth-building opportunities in this module. He goes in on what we have apparently been missing out on and how we can get in on those opportunities.
Module #4
In this module, he reveals how K-Waves work. He mentioned K-Waves and how this tool led to the execution of its inventor because it was apparently good at exposing how the financial system favors the elite.
Module #5
This module is about what Richard terms “the ultimate investment opportunity.” He also describes it as a once-in-a-lifetime secret to generating massive amounts of wealth. I suppose this has to do with how you can profit from economic crashes.
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Recession Profit Secrets Bonuses
In addition to the five modules, Richard presents you with a series of bonuses to reward you for buying the program. The bonuses include:
Bonus #1: Done-for-You, Step-by-Step Guides to Wealth Creation and Protection
These are wealth guides that Richard claims took him 23 years to create. Therefore, when you purchase Recession Profit Secrets, he explains that it is like using his strategies to shorten your learning curve. He says that they are easy and powerful plug-and-play methods for creating and protecting your wealth.
Bonus #2: The Recession Profit Secrets Wealth Tracker
Richard Pierce created a spreadsheet called Wealth Tracker that keeps you in the loop of how your assets and liabilities look like over time. He claims that you can check the document periodically to see how much money you have made to gauge the success of his strategy.
Bonus #3: The Elite Member Insider Series
You also get special reports that highlight the strategies employed by the most successful entrepreneurs. You learn about the routines and lifestyles of the world’s richest people in case you would like to emulate them.
The Recession Profit Secrets Quickstart Guide
In this quick start guide, Richard Pierce discusses how Recession Profit Secrets works. It is a crash course into the program and you can read it in a short period. It covers the basic ideas behind the five modules and Richard goes deeper here in covering what each module represents.
He claims to have bundled together thousands of dollars worth of modules and bonuses in each package and this guide walks you through each to help you get the most out of the program.
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Recession Profit Secrets Pricing
On the Recession Profit Secrets sales page, it states that the program costs $37.
Recession Profit Secrets is sold via Clickbank.
I noticed that if you try to click the back button or close the tab (on the desktop site), they offer to sell the program to you for just $27.
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Recession Profit Secrets Refund Policy
The program has a 60-day refund policy. If you don’t like the program, you can cancel it for a full cash refund as long as you do so within 60-days of joining.
The fact that it is offered via Clickbank means that this policy works because Clickbank is serious about refunds.
Pros of Recession Profit Secrets
- Recession Profit Secrets teaches you how to prepare for a potential recession including the steps you need to take to protect your money.
- Richard Pierce has broken everything down into a series of simple steps that you can take to earn big returns as other people lose money.
- The investments could be legit and you could profit from them.
- The Recession Profit Secrets program shows you how to protect your wealth from currency manipulators.
- Richard encourages you to start something that will earn you passive income rather than rely solely on employment.
- Recession Profit Secrets also teaches you how economic crashes occur and how you can make money while they happen.
- Recession Profit Secrets is sold via Clickbank, which offers an extra layer of security.
- Since Recession Profit Secrets is sold via Clickbank, the refund policy is legit.
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Cons of Recession Profit Secrets
- The creator behind Recession Profit Secrets does not reveal their true identity hence making it difficult to trace their track record.
- The creator reveals little about their investment strategy. Instead of showing readers a clear strategy (even partially because we don’t expect them to show us everything before we join), the presentation focuses on buzzwords and filler content.
- Richard Pierce leans a bit too much on the recession angle to sell the program
Is Recession Profit Secrets Legit?
Recession Profit Secrets is legit but I wouldn’t recommend it because I think there are other investment advisory programs that offer you a better shot at making money from the capital markets.
I have covered a couple of them in this blog, like The Near Future Report and The Palm Beach Letter.
Richard claims that Recession Profit Secrets is a step-by-step blueprint for making money during a recession but does little to show us how that blueprint works.
Although he claims that we are at the precipice of a market crash, I don’t want to rule him out based on that because he could be right no matter how slim the chances of that happening are. What I am judging the program by is the lack of information about what it really entails.
Although there are many positive Recession Profit Secrets reviews on the official website, they are not particularly trustworthy. There are no independent Recession Profit Secrets reviews that would be more trustworthy.
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Closing Remarks on Recession Profit Secrets
After watching the presentation promoting the program, one thing that stuck is that the creator makes it out to be an antidote for a potential recession. He proposes that he has found low-effort, foolproof ways for investors to get rich quickly in case a market crash happens.
Obviously, I am skeptical when someone makes such promises and after going through the information we have been provided, I have doubts.
I don’t think it is the best investment advisory program out there for people who want to make money in the capital markets. I have highlighted alternatives that I think do a better job when it comes to offering investment advice.
That doesn’t mean that it is the worst thing because perhaps Recession Profit Secrets works for some people.
The great thing about it is that it has a refund policy. So, if you try it out and realize that it is not your cup of tea, you can always cancel your subscription and request a full refund.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
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Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: