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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (34848)	2/1/2011 8:09:16 AM
From: Robin Plunder	Read Replies (1) \| Respond to of 71475

Seems like it must be so, as the transfer agent will either mail the certificate to an address of your specification, or sell the shares and mail you the cash. If you designate that your address is outside the US, then they should mail it there. In an emergency, the US govt might try to force these folks to remit the shares to a US holding group, but this would seem to be outside US jurisdiction....altho who knows what might happen in a crisis. Another approach might be, as I have seen suggested elsewhere, if one has securities in a foreign company, simply lose or burn the certificate, ask for a replacement, and have it delivered outside the US. There is a cost associated with this, I have heard $5000 per certificate....so make sure the certificate is for a lot of shares...:) rp