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This May be the Best Idea We've Ever Had

Three times in the last few weeks, our "Crash Insurance" recommendation has experienced a big upward price spike on a relatively small decline in U.S. stock prices.

In fact, it happened again yesterday.

On a day that the Standard & Poor's 500 Index skidded 1.44%, this "Crash Insurance" pick soared 11.7%.

As I said, we've seen this before.

On Monday, in fact, when the Standard & Poor's 500 Index plunged 2.3% - its biggest decline in six months - this security surged 11.8%. And back on Feb. 25, when stocks unexpectedly dropped 2%, our Crash Insurance pick zoomed 13.7%.

The "Crash Insurance" recommendation is actually the iPath S&P 500 VIX Futures ETN (NYSEArca: VXX), which tracks the Chicago Board Options Exchange Market Volatility Index, also known as "The VIX." Often referred to as the "fear gauge" or the "fear index," the VIX represents one measure of expected volatility in the stock market in the 30 days to come.

In other words, "The VIX" often soars in value when investors get scared - as they do when markets decline. And the VXX ETN tracks that fear gauge.

I realize that I've talked about this several times in recent weeks. By reprising this today, my purpose isn't to boast or take a "victory lap."

I'm telling you this because - in the 18 months we've been publishing Private Briefing - this is probably one of the very best ideas we've given you.

And I want to make sure you don't miss out on it.

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