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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: carranza2 who wrote (85927)1/16/2012 11:23:44 AM
From: Riskmgmt1 Recommendation  Read Replies (3) of 218434
 
Yes, quite serious indeed. As I understand it then, there is no real safety outside of Government Bonds. As all paper instruments, stocks, bonds, even CD's and bank deposits are at risk if the corporation goes bankrupt and has derivatives or hypothecated on it's books. Perhaps, even safe deposit box contents could be taken with the onus being on the injured party to sue to get them back. Even if one takes possession of the share certificates one is at risk of that company going bankrupt if it has a liquidity problems forced on it as in the case with M F Global.

So what is safe? Maybe TJ is right on PM's that you can feel and touch, the rest seems subject to the whims of a judge or Government and that might keep me up at night.

Regards, and thanks for the insight.

R.
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