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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (77277)11/7/2007 5:16:32 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
How Can You Be Complacent?

Author: Jim Sinclair

Dear CIGAs,

Bond guarantee insurance firms are looking for a bail out. This is fact. Credit default over the counter derivatives are melting as we speak. No announced revaluation of special performance obligations (over the counter derivatives) approaches the real number. The financial system is in serious trouble. Analysts suggest that if off balance sheet units are included, the loss should be 21 billion. I suggest even that number is low.

Despite this, the clear majority of you are whistling Dixie as Rome burns. How in the world can you be so complacent?

1. Take delivery of your share investments as paper
certificates.

2. Exit all Internet financial entities. You can always go
back.

3. Do not warehouse your bullion coins at unregulated coin dealers. Demand prompt delivery.

4. For peace of mind reduce, if not eliminate, all debt.

5. As far as possible reduce if not eliminate fiduciaries
and/or agents between yourself and your assets.

6. Will the next shut down of redemptions be your annuities?
Examine the portfolio that the annuity holds asking the question “do these positions fit the present financial conditions?” If they do not then redeem your annuity and place the Funds in Swiss and Cando short term Federal Treasury bills.

7. Be very careful of your local banks. Cash in CDs regardless of interest rate penalties. Go the Cando and Swiss T Bill route.

8. Who owes you money? Take less for immediate repayment.

9. Keep some cash at home.

10. 45% in gold insures the whole.

Do some of the above, please. I care even if you do not via no action!!

jsmineset.com



To: Real Man who wrote (77277)11/7/2007 7:11:54 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I think you're right...<g>

GZ