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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (3968)	12/26/2003 5:57:03 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 4905

anything outside the system at this point is a plus.... if you can currency trade between two accounts... one here and one wherever there is, technically, no cap gain is recorded... ho ho ho btw.. this is not something i have done also... the very best wishes for the season to everyone here. thanks to all who have kept this place on target even during quiet times. better no post, than empty ones. the namesake of this place has been known for his brevity and targeted focus. i know he made us all better players in our own jobs... hence, the behavior here honors someone we all respect. thanks so much for making it so easy. now on to 2004... pivot year\|? shake out time? i have no plan, but i'm getting close to one. J

To: Joan Osland Graffius who wrote (3968)	12/26/2003 11:20:36 PM
From: Robin Plunder	Read Replies (1) \| Respond to of 4905

Joan, I subscribe to Harry Schulz's market letter, and he has commented a couple of times that one should store part of one's assets outside one's country of citizenship. He has indicated that this should be done for a range of different assets, such as gold coins and shares of stock. I have been wondering what value this would provide, in a real crisis. It would seem that if the US were to be put in a position where the government was recognized as bankrupt, what would they do? Would they put a tax on personal assets, perhaps, and claim part of our savings? If they were to do this, would it really be a protection to have, for example, gold coins and shares in a deposit box in Canada? It seems likely that Canada would cooperate with the US and divulge information about these assets, so the protection would not be effective. Or, if one had a brokerage account with a Canadian broker, it also seems likely that this information would be made available to the US government. I use Canada as an example because I live within a few hours drive of Canada and could easily set up some accounts there, but it seems most other accessible and trustworthy places would have a similar problem. I am wondering what is the best way to protect ones assets in such a case, and avoid taking actions that really would not protect me in any event. Your comments would be appreciated... Robin