With General Motors going bankrupt just days from now …
With loan losses and other economic nightmares that caused this crisis steadily growing worse …
With major weaknesses appearing in the recent bear market rally and with huge new declines likely this summer and beyond …
And with contrarian investments designed for these times about to soar …
This is clearly a moment of destiny for you!
Mark my words …
If you sleepwalk through this time — or worse; are seduced by Washington and Wall Street spin — you stand to suffer enormous losses in the weeks and months ahead.
But if you keep your eyes on the massive fundamental mega-trend — the rapidly deteriorating economy — and follow our laws for bear market success to harness its awesome power now, you stand to amass substantial wealth.
My team and I are doing everything in our power to make sure you are one of the winners in the next phase of this great crisis — and this Thursday at noon Eastern Time, we’re going to make absolutely sure you have everything you need to confidently go for major bear market profits!
THE DATE: This Thursday, May 21
THE TIME: Noon, Eastern Time
(9:00 AM Pacific, 5 PM GMT)THE PRICE: FREE — just click this link to register now!
In this fast-paced, one-hour, online video briefing at noon this Thursday, May 21, I’ll bring you quickly up to date with the latest dramatic changes that pose grave new risks — and open great new opportunities — for every dollar you have invested, including …
The Washington Bailout Disasters: How and when the new stimulus and bank rescue packages will backfire, plus what you must do now to protect your wealth and your family.
Wall Street Treachery: How big mutual funds, financial planners and Wall Street brokers have dumped pure garbage into your portfolio.
Main Street Sabotage: Why many of the investments they tell you are “safe” — “too-big to fail” banks, “insured” municipal bonds, and junk bonds masquerading as quality bonds — are little more than ticking time-bombs set to blow your portfolio apart at virtually any moment.
Bomb Disposal 101: How to quickly spot and get rid of the landmines concealed in your portfolio.
Bear Market Bonanzas: Precisely how this bear market gives you hundreds of opportunities to make money more quickly than virtually any bull market. Six types of investments that make that possible immediately.
The Laws of Bear Market Success: My complete checklist for making money in times like these — the rules I follow to determine what I’ll buy or sell, to improve my timing, to lower my risk, and to boost the profit potential in all markets.
This must-attend briefing is FREE
and registering takes only seconds …
Just click this link to tell me you’re coming and to make sure we can get you the instructions for attending.
And when you’ve reserved your place, please also click here to leave a comment — and tell me the one thing I can do for you at this event that will help you most!
Good luck and God bless!
Martin
{ 142 comments… read them below or add one }
I have most of my retirement money in the Principal Financial Group in the form of a 401-K. Since i am employed and not at retirement, i cannot take it out without a penalty. Are they safe? If unsure, is there anyway to protect my money within my 401-K. Is it safe if it’s in a guaranteed interest fund?
thanks
For the small guy like me (less than $100k) to invest, what do we do? I have followed your advice – out of the market, getting a treasury account, getting out of debt — but, do I learn more about EFTs, gold, etc or should I hold my cash & save and wait for the rates to explode and lock in some long term gains? My investments were primarily for education use in about 6 years w/my youngest son. (I lost about 40% before getting out).
Please can you advise me if my money would be safer if I kept it at home rather than invest anywhere at all over this economic crisis?
Dr. Martin,
Thanks. I have been reading your newsletters and how can people outside US (Australia) can invest locally which aligns with your strategy.
AJ
I live in Canada. Are they any changes you would make regarding investments if you live outside of the US? In your opinion does Canada have the same economic problems as the US considering the US is are largest trading partner?
Thanks
Dean
I now have access to my IRA money Market, which pays virtually no interest. I do not know what to do with it. I was considering a bank that has IRAs in which you can incorporate gold and silver coins. What would you suggest?
I have been following much of your advice, and see the destruction of the financial system and the follies of the political hacks. Recent purchases of SKF and SRS,against the crowd, am I foolish, too early and/or impatient? How far do you think the current rally can go?
Recently saw that M2 increased by $1.8 Trillion, why isn’t the dollar dropping and gold breaking out to new highs?
Thank you for your very imformative book: UDSG.
In 2008, I took your warnings seriously. My father passed in 1986, and was a GM exec.
God rest his soul. I sold my GM stock, and all other stocks I had, even the ones that did well, METLIFE, DirecTV etc. I also sold my home. I have approx 50k in a savings account, and I checked the bank rating from your site, it rates about a “D”.
I put the rest into Austrian Ducats, and Dble Eagle coins and silver. That is appox. 180K . I also changed my 401k at work. I earn $20 an hour at the hospital, I put away in my 401k but I only save enough for a Christmas fund each year. I have no credit card debt. I do have college age children. I am a single mother.
My Question is I have always loved the idea of global markets, trading etc. I set up an account with a million dollar portfolio for a subscription of $500 with Motley Fool.
But it is in Blue chip stock, buy, hold, sell. I had a TD Ameritrade account but I closed it.
I would like to open up a Fidelity account, and learn ETF, and Forex trading.
What do you think I should do next? Aloha, Claudia. I am 47 years old. Mahalo.
I bought your book from Amazon going through the link you provided but I did not get the credit to be used for your materials that you promised.
Martin,
Thanks for all your work and warnings. I imagine there are many like me who have no real money anymore and the biggest asset is the severely reduced value of profit sharing investments. Should I be concerned about the money ($200K) being in my Schwab account when the S… hits the fan? I’m old enough to withdraw funds without penalty if I’m willing to pay the taxes.
Money lost through investment declines, bankruptcies, real estate declines, etc. — deflationary.
money supply added through bail-outs, Fed monetizing imaginary money, etc. — inflationary.
So far, it appears that more has been lost than added. Is this true? If so, gold, silver, commodities, etc. must decline in value over time. Dollar must increase in value. Please comment.
Hi Mr. Weiss,
I am a very NEW investor. I only have a couple thousand for investing, much the way your father started off during the Great Depression. At first I felt a lil discouraged by the amount recommended to invest, in some of the reports. But I am determined to make a good profit with the little I have. I started looking at the “potential profits” of inverse ETFs, comparing the recent prices to prices of the first major decline. A couple Direxion shares caught my eye, FAZ in particular. But I was wondering if you could talk more about these ETFs in your briefing. Also, if you had any recommendations for a young risk-taking investor with little amount to invest with like myself.
Thanks so much,
Ramon
hi Martin,
I really enjoy your emails and views on everything. My question to you is this;
If I join your contrairian group, how do I make the buys and sells as I live in Australia and my broker here says he cant buy US stocks. Do I set up a broker in the US and do you have recommendation?
Thank you,
Mike
Sir,
If we face an even worse bearmarket in the coming months, what can we expect from gold and US dollars?
Am I right if I suppose both will drop sharply in value before resurging later?
Thanks for your response,
Hi Dr.Weiss
Just want to say thank you and your team again for all your help in guiding us through this economic disaster. I would also like to let you know that in one of your Money and Markets Column and Safe Money Report dating back to 2005 when you said GM will go bankrupt and at that time trading little over $40 per share I held on to my GM stocks and rode it all the way down to under $10 when I got rid of it. Yes it hurts. I just wish I had listened. Now when do you believe this bear market rally will end?
Why is the stock market currently making tremendous gains when we are supposed to be in a poor economy?
Thanks,
Steve
You see it coming Martin,
Thank you for making this information available to us.
Question: Would you talk pro and cons of owning physical gold please?
Thank you.
Hello Martin, How safe are the PAYPAL money market funds? Thank You David
I want to know about Mississippi Hospital Bonds at 5% insured and also federally insured. Is this a chancy thing? I understand this is tax free. All this according to the broker. I don’t see how.
I have several services that have advised me that is nearing time when the govt may decide to freeze bank accounts, 401k, and iras “for the common good” and have recommended gold coins and possibly moving money offshore. Do you have any opinion other than the gold coins? Thank you
To minimize the already large losses suffered, I am trying to determine when to sell into the rally. I have sold some stocks and help on to others paying good dividend yields. I am hopeful on others. Do I sell it now?
Amidst the roiling markets, taxes will have to go to the moon.
What are key strategies for defending against rising taxes – shifting income / deferring it – changing IRA to pay tax on contributions for a tax-free withdrawal – or will that change?
Thank You – I just wanted to mention the wonderful service that we have received from Rare Coins of New Hampshire – My wife and I took a day trip to New Hampshire to visit Rare Coins and made several purchases from them – They are true professionals ! You have no worries in recomending them.
Would this also be a global depression or will it be just contained to some regions? What should I do since I have diversified investments in the following areas:
- Real estate in emerging markets including places like Hong Kong and China
- Commodities funds (Roger’s commodities as well as agricultural index)
- Foreign currency in Chinese Renminbi, Kiwi, Aussie. I plan to offload USD, Euro and HKD dollar.
- I have sold off emerging market related funds and index.
Thanks Martin
Can you please comment on leveraged short ETF’s (eg: FAZ), & SRS. Can they ever go as high as they once did in the next leg down – I’ve heard they have been restructured.
Thanks.
How likely are tax rates to go up much higher, and how long do you think these high rates will last? In light of this, does it make sense to try and take some of your investment money out of Variable Annuities and IRAs, while taxes are at current/near-term rates?
Thank You!
I am using Ameriprise Financial. I see they are on the list to get some TARP money. I want to move out of their Co. I also have an annuity with them. How can I move that? Thanks, Roy A. Morton
The most helpful for me is income investing. As a retiree and investor, I am more interested in income than upside.
Hi Martin
I am reading your Ultimate Survival book and would very much like to be able to invest in EFT’s and currencies that you detail. However, I live in Australia. Can you please provide guidance to non-Americans how to invest in what you advise and/or is there anyone in Australia you are mentoring who can assist with investing in America.
Thank you & regards
Jan
I have a short stack, little capital, are there investments with substantial potential for someone like me?
I am very perplexed by the fact that the markets seem to be on a growth path whereas I am working on the premise that the fundamentals are bad and getting worse. Is this due to the effect of the stimulus package and if so, when will the more fundamental causes begin to take effect?
You have given a great deal of info to Americans,I’d like to know what advice you have for concerned Canadians?
haven’t the financials fallen far enough to expect too much more from their declines or are we looking at inverse etf’s across all sectors of all indexs
Please try to allay my wife’s fears of investing in your program.
Hi Martin. I plan on hearing your presentation Thursday. I am somewhat anxiously trying to sort through economic news and views attempting to discern the truth. My loved ones closest to me seem to have faith in the economy and always give me reasons why they are correct, so it will take courage to go against the grain. I am not economically/financially sophisticated and am going by what sounds most plausible. What would help me a lot would be for you to explain in the most minute detail how to exactly go about what you describe. I feel nervous about executing a trade – do I go in increments, what about stop-loss, etc. Basically, I need my hand held until I can get a little experience to feel confident. Thank you. You seem sincere. I’m just trying to prosper and not be poor. Cathy
Martin, I’m sure your contrarian advise will prove fruitful investing in the market. Now can you teach me how in a one income household, I can make money faster than my wife and kids spend it ? Maybe your next book idea?
Please include some advice for British people including banks to avoid and equivalent to inverse ETF in Britain. Thanks
I am ahard of hearing so I’ll wait for a transcript. (Subtitles would help!) The same goes for the videos at Uncommon Wisdom.
It would help if you could clarify which recommendations we should follow since you and your colleagues disagree—inflation or deflation; dollr stronger or weaker; stocks higher or lower?
A “$100,000 portfolio” can’t be invested in contradictory investments concurrently.
Thanks.
Martin love reading your investment advice etc. I’m hoping on Thursday you can convince me to join your Million Dollar Contrarian. I purchased your book, Ultimate Depression Survival Guide and taking on some of your advice. I’m a rookie and have no investment knowledge but just my standard 401(k) in which my company has suspended matching contributions! How does a rookie like me get into investing when I have very little knowledge of investing? Can a guy like me take $500.00 dollars (maybe a little more!) like your father did and make it out of this downfall of the stock market?
Keep up the great work!!
what countries would you recommend to move to after cashing out-the imf has continuously controlled,manipulated the gold and silver markets-ginger(yes the herb) was once used as a monetary backup-the value of gold is suspect to me- as it has very little utilitarian value- the imf-usa have continually tried to manipulate-control the yuan and have been unsuccessful-what do you see as the dangers invoved in converting to yuan-the world is in a decline except for china- 6%+ growth -also it seems that thieves there are executed not rewarded-please email me -rsvp asap- thanks for this opportunity
During this upcoming video, please include some comments on gold in relationship to the dollar and inflation, the dollar as the reserve currency, corporate bonds as an investment at this juncture of the depression, and the possible effects of much more dollars in circulation and why prices haven’t gone up already.
Your service has been very helpful to me and my clients, as it was to my father’s and his clients.
I have a 6 year fixed annuity with Allstate Life Ins. Co. with one year remaining. Investment is 102,000, penalty would be approx. 4,000. Should I cash it in and pay the penalty or keep it?
Most useful thing you can do? Record the call. Thanks.
Dr. Weiss,
Would you recommend I borrow enough money to participate with you in the program you are offering to take advantage of the contrarian profits that are coming? I have read the advertisement, and am very interested. The problem is that I don’t see myself coming up with enough money to join the group and have enough to follow your investments.
Could you please list a number of United Kingdom registered inverse (short) ETF’s to take advantage of the imminent reversal in the bear market rally which appears to have now run out of steam? Please do not forget your U.K. readers. Many thanks.
Am going to be traveling, so can’t attend briefing. Please make it available in archives for future viewing (in June), and/or provide downloadable trasncript.
Thanks!
Why have you limited the people able to participate to your investment portfolio to those with an investment of $250,000.00 and more? Is there something for the less fortunate?
Thank you for your efforts to inform us.
Gilles Giguère
Please discuss fixed-Annuity and security of Annuitys.
I have about 500,000 in cash that I have in FDIC insured accounts–my stocks of an equal amount I haven’t sold–at this point, I’m wondering if I should just dump them–somehow that doesn’t seem wise–also, I’m tempted to sell my rental property, although it currently yields greater profit than any other investment I’ve got. I am retired, living very simply, but know that my future depends on how I manage what I have left. Thank you, m
Martin,
Been a fan of yours for quite awhile and I get excited about you helping “mankind” the way you and your father have. I know you’re receiving tons of questions regarding your book etc., but I’ve got so little experience in stock market investing I might as well have none and frankly, if I don’t know the “game”, it’s tough to risk any monies I do have. How do I get started with so little experience especially with inverse ETFs?
Mark
Dr. Weiss:
Century Management, (CM) a company located Austin, TX put the ETF XLF in my wife’s and my my IRA. I am 79, my wife 74. CM bought 520 shares or my wife’s account and 710 for mine. 1,230 shares at an average price of $23.37. ($33,659) XLF recently reached a price of $12.32/sh. I have dismissed CM and will never understand why they bought many of the stocks they put in our IRA accounts. I have been selling as many of the stocks as I can and taking serious losses. XLF represents the largest holding we have. Should we admit the banks are going to fail and sell now that some recovery has come up? This would be a heart stopping loss of over $18K. But better some bucks than none or far less!
Thanks for all you do to help out investors caught in this melt down.
Arlin R. Johnson, Jr.
Martin,
I have been reading you and your associates for over two years now. I have confidence in your advice, as you seem to have been right all along the way. One of the great secrets of life..and investing, is timing. Please give me your best educated guess as to when the biggest near-term events are likely to happen.
Randal
Martin,
Been a fan of yours for quite awhile and I get excited about you helping “mankind” the way you and your father have. I know you’re receiving tons of questions regarding your book etc., but I’ve got so little experience in stock market investing I might as well have none and frankly, if I don’t know the “game”, it’s tough to risk any monies I do have. How do I get started with so little experience especially with inverse ETFs?
Mark
What if the current administration wants a crashing dollar to bring about a new, devalued, fiat, world currency? What about increasing govt ownership of major corporations?
I sure hope you are right, but once again today the market seems to be singing a very different tune — much more the sound of bull than bear. For the most part I have followed your advise, but this spring I am wondering about the wisdom of being short rather than long on the domestic, Euro, and emerging markets. All are going the other way in a hurry!
dear martin: I have a choice at everbank to switch from unallocated to allocated gold at the pearth mint or HSBC in new york. goldline’s blog feels that confiscation would be remote in australia. Im also concerned that everbank would not give me gold id number in an allocated account. They seem ‘casual’ about my concerns. I would appreciate a blog on gold……storage considerations,insurance,gold id in an allocated account,safest countries,confiscation probabilities with a new currency system.
Also, is there a precious metal account with an attending checking priviliges. Everbanks system includes ‘fixed’ currences with gold. Thanks so much for your terrific advice.
yeppers and i told the two tx senaters four yrs ago to put a stop too presdent bush spending this war does not cost as much if it werent giving it too civilain personal let the military fight the war cilivans should not have been employed;
i will never buy another gm product after gm fired american and closed american factories what should happen to gm is better if mexico buy the whole thing and close the big office building and move it to china then gm office fatcats can move to china but i bet they will not be getting over paid ceo pay
yes let obama tax on 250,000 a yr plus bonuses be heavily taxed 42% that would be equial and raise minuim wages to 15, hr
yours truly me woolen
Dear Mr. Weiss,
I am so upset. I cannot log on this Thursday for your presentation. I have twin daughters graduating from high school that day!
Is there any way I can get access later that day???
Thank you for your time.
Kathryn
Mr.Weiss i believe your reassuring mindset and no hype approach should be your greatest asset . The time your investing is a mitzvah and would make your father proud i’m a member of your mcp so know i’m on the right track . I own a small business in the bronx and i try to tell my customers about your book i just hope so of them listen. I starting implementing most of your strategy month’s ago about preservation and i sleep better thankyou.
Be well,
Jeff
Is there any place to get safe interest income? I and many other retirees could use some for income.
Thank you for information/research/time:
I’m hidden in the crevice of the rocks (TSP-G), shivering with my life savings; What percentage of my savings should I plug into one or more of your worthwhile programs. And, note, my timing and market knowledge is terrible. Your Book – Survival Guide is great. Thank you.
mike
I have a LOT of Calif. Tax Free Muni Bonds, Yield 4%, average maturity is 41/2 yrs from now.(17 bonds-Approx. $5Million)I would like your advise BUt I would NOT like my name used in a BLOG etc.I signed up for your $1Mill.Contrarian plan today.
It is important to leave a transcript. I find I can read much faster than I can listen. Furthermore, I usually am busy during the day, and cannot spend time listening. I need things in writing. See my book “Teaching and Helping Students Think and Do Better” on amazon about how to communicate. BTW, you may want to look at my Patterns program on my website.
Thanks.
I really would like to atend your on-line briefings but they are always in the middle of my workday. I usually sign up for them but end up viewing the after the fact. Has there been any consideration given to having your presentations shown later in the day for us poor souls that still have to work during the day? I work 7am to 3pm and am usually home by 3:30pm EST. I may be in the minority but I have 1/2 million + invested. Thank you for your time and attention.
I will be attending an all-day seminar tomorrow so cannot be a part of your briefing. Would you be able to send a link later on so that I may view your pod cast? Many thanks.
The one thing you can do for me at this event that will help me most is
Advise myself and others on what types of physical assets might be good to hold onto. Such as maybe the dumptruck I bought with cash just months before the floor fell from under my feet. I’m sure many others had bad timing and started a business prior to the collapse. Would professional trade equipment and other such paid for investments be a good thing to have for the actual recovery? Or should we let them go for a song if we can? If you could address this concern i’m sure myself and others could try to grow our hair back.
And thanks again for all you and your staff are doing to help.
Timing: Which E.T.F. should I buy and when in order to make money and recover some of my previous losses.
Thanks and God Bless.
I really appreciate your briefings. The problem is, noon EST is not a good time for those of us who have jobs that don’t allow us to spend an hour watching a webcast in the middle of the day. I sincerely wish that you would have the webcast available for viewing during evening and weekend hours. It would be most beneficial to have a few dates/time slots to choose from.
Thank you for your website, your newsletters, and your books. I wish I had discovered you and your resources years ago–especially before September/October 2008!
I have tried to locate funds of T bills listed in your book, but the ones I have checked out are closed. The managers say that the returns are so low that they cannot make money with them. That makes sense to me. I have my money in money markets, but when I look at the composition, they have things like bank securities and commercial paper. I wonder if these are safe enough for these times. Other than your T bill fund, is there anything else out there that is currently open and available to me with a Fidelity, or Prudential account?
If possible, give a rough indicator when the sell-off might resume again. Thank you.
Discuss what we should do about our 401K plans
At age 77, tripple-dipper retirement income, money in the bank, four used cars in the driveway, no mortage, no debt, need boot camp training for your line of work: How
to survive as a ordinary citizen in the months ahead?
I live in Australia and trade using “Etrade (Australia)” and as such, I don’t have access to the ETF’s etc that you talk about. Can you suggest how I can take advantage of your trading suggestions?
(NOTE: I won’t “attend” your live briefing as the timing really doesn’t suit, but will watch it at a later time.)
Thanks for all your insights to date.
Regards,
Ash Miles.
Martin, please comment on long term treasuries. Thanks! Burke
I have a question about the treasury bills: I called TRowe Price to move my money – moved out of stocks about 8 months ago and CDs have matured (so I am one of the lucky ones who did not lose money thanks to Ravi Butro sP? economist with Southern Methodist Univ)- and TRowe read a statement to me that mutual fund treasury bills not covered by govt. That sent me into tilt. Is there something I am missing? I have and did read your book and several parts multiple times – you explained how safe Treasury bills are – then why is TRowe “reading me the rights” so to speak. Made me VERY nervous to move money over without the “written guarantee” so I didn’t. Is it OK to move money within TRowe or better to figure out how to move the IRA money myself into the Treasuries??? Would much rather let TRowe handle it as I am VERY novice.
So here I continue to sit with money in cash prime reserve acct. with TRowe and Equity Trust. They both insist that money is covered by govt. guarantees. I don’t quite have $250,000 CASH in those accounts but own 3 properties that bring in good cash flow, plus property and marina slip in Panama – none of which there is any way I can sell in this market but could give it away – groan. HELP I must say that I am FRIGHTENED to DEATH!!!. I am 60 with little time to recover if I mess up. However – so far so good. Buttttttttt sounds like timing is critical and I need clarity. Jill Seime
As you have pointed out in Money and Markets article and in The Ultimate Depression Survival Guide, the market will not move in a downward direction continually, but will have a series of bear market rallies. What primary indicators do you use to discern when a bear market rally is under way, and which indicators do you use to detect an approaching end to a rally? This is important for those of us who are willing to take on some extra risk and switch ETF types between rallies and retreats.
I took a lump sum early retirement several years ago and did a Direct Rollover to avoid the
tax penalties. I am taking $1000 monthly withdrawals and making quarterly tax payments on
the withdrawals. The funds are held in American Funds US Treasury Fund. I recently received
a letter from American Funds saying they want to combine the US Treasury with Cash Mgt
trust to buy different Maturity Treasuries and US Agency securities. I have no problem with
the Treasuries part but, I believe the Agency Securities contain a lot of toxic asset junk held
by the Government. If they do this do you know where I might be able to do a Direct Rollover
into a US Treasury Fund where I can still get $1000 monthly withdrawals? Thank you.
Dr Weiss;
With todays 200+ point run-up in the market, please be more emphatic about
this contrarian point of view, and why NOW is the time to be out. (I watched my
401-k Reit keep on keeping on AFTER I was out last time around; I just felt it was
poor timing!)
Tom in Midlothian
Please post the video for viewing later in case my business commitments prevent me from being on line with you. Thanks.
I bought some inverse stocks for Nasdaq (PSQ) and Financials (SKF) and they are both down. The inverse financials, I bought some time ago at 111. I wonder if I should just dump them a take the losses.
Dear Martin,
At this time I have most of my money in U.S Goverment Securities Fund-A with American Funds and Putman U,S Goverment Income TR-A.
Are these funds the way to go or should I consider other alternatives as well?
I also have some money in Aim U.S Goverment Fund-Class A and Aim Limited Maturity Treasury Fund-A3.
I had changed all my investments into these funds as of October 2008 and I haven’t lost any money since then but made a little. My broker told me that I was just lucky to do get any gains at all. What do you think?
I really want to know if I made the correct decision with these funds and hopefully you can advise me on that.
Sincerly,
Paul van Hoek
Anchorage
Alaska
Dear Martin,
We want to thank you & your team for giving us “security”. You are a true “blessing”.
What we would like to know is how to CLEARLY profit from the GM downfall. We along with so many others are “Fed” up (would LOVE to see them ~ the Fed~ audited….) & are so unhappy about the way our money has been spent by the government. Your kind & humble attitude & brilliant mind will be the saving “grace” for many.
God bless all of you!
most sincerely,
Crys & Spencer Winstead
I am retired. What do I do with my 401K?
Dear Dr. Weiss,
I’m so grateful and thankful to receive your email updates and briefings.
I was wondering if you can comment on the possible forces that could drive gold to test it’s 700 price level or lower?
thank you,
Adnan
What would you recommend to invest in?
Hi Martin, your advice is appreciated and especially your insights from your fathers’ experiences. I have read your book. I was particularly interested in the Deflation-Inflation scenario. Have you come to a decision as to the length of the current deflation? Will we see the governments’ spending plans thwarted as in Japan?
Will the much anticipated inflation or hyper-inflation be far in the future given that the primary Federal inflation mechanism is broken? (ie; lenders are retaining TARP funds to bolster their very weak balance sheets, not lending or lending with much stricter terms to fewer eligible borrowers AND much fewer borrowers are able or willing to borrow)
Reviewing the magnitude of the derivatives and credit markets, both domestic and global, it seems there are powerful natural economic forces that are destroying money (ie; credit) at an order of magnitude greater than the Federal efforts to inject liquidity. IF this is so then the Federal spending and lending plans must be overwhelmed by the geologic forces of money and credit destruction now manifesting.
What do you think?
Obviously the “” TIMING “”" of the event- It certainly wasn’t Today, now was it. Once we know the timing- everything else is rudimentary. Greg Sell
As you see it, what is the possibility that the US government would default on its debt this summer. I heard this rather far out prediction from a source well off the beaten path and was currious to know how likely (or unlikely) this possibility appeared to be in your mind. Some say it’s inevitable (maybe not this summer, but sooner or later, it is bound to happen.) Is there anyway to defend oneself against such a mind-boggling prospect?
Thank you,
Geoff Coe
My Bank is Bank Of America. I was inquiring if they are safe to stay with or should I move my money to another Bank?
Dear Martin,
I believe all your reports. Thanks for the warning about the coming storm.I watched a retired teacher who has 40k in GM bonds explain to a reporter her dilemma and I hoped that they would not fail, but it seems inevitable.I am sending my children your web site.
I have a feeling that Social Security and Medicare will be affected with so many people out of work. How will a contrarian portfolio make money when so many sectors of the
economy are failing? In the human body if the heart stops the brain dies.
Hi Martin,
Thank you for your sound advice, that I find so refreshing.
How can UK investors (I am one) buy and sell USA the securities and contrarian investment advices you give in your $1M Challenge?
I am reluctant to invest $1997 without some feeling of confidence that I can actually take part. I have spoken to my broker and he just laughs at me and tells me to forget it, it’s a scam; that such bear market mechanisms don’t exist, not from UK anyway.
Another thing, $1997 membership means that if you get 500 participants you have covered your $1M investment; the only risk is to us punters, not to you. If you get 1000 members you make 100% profit – deffinately no risk!
Thanks and keep up the good “other” advice.
Regards
Meryn
As an older (Jacksonian [hard money - gold standard]) I always consider every political event to fit what FDR said: “If anything happens in politics, you can [safely] bet it was planned that way”. In applying this to the present circumstances, the following question pops up.
It appears to me that the intent of the insolvencies of California and other states is a well planned ploy to be used by the federal government in declaring that the Constitution no longer applies; that it does not fit our contemporary economic disaster?
Of course, as pointed out by Glenn Beck’s TENTH AMENDMENT Project, it is imperative to fully enforce the Constitutional limitations on the federal government at this time. Though it will obviously be a “rumble”, it is the answer to our problems.
What do you think?
A. Benton Edmons
In your book, Depression Survival Guide, you mention how utility stocks are more
resistant to a down market. I own shares of Hawaiian Electric (HE), which went
from over $21.00 a share to about $12.50 in a few weeks time. HE has not cut
a dividend ever since I can remember. They are dependent on oil to produce
electricity and have exposure to banking with American Savings Bank, but as you
know, oil is now relatively cheap and their banking arm is not exposed to any
danger from sub-prime mortgages or derivatives (as far as I know). HE is joined
at the hip with Hawaii’s economy which is heavily reliant on tourism and the
military. Even with the poor global economy, which has affected both of these
revenue sources, I am still questioning why HE has fallen so far, so fast. Should
sound utilities or other quality dividend paying stocks be sold at this time due to
the unpredictable nature of the current market and the recent run-up in price?
Please continue to EXPOSE all of these nasty thieves….
Hi Martin,
Whilst I am impressed with your writings I have to admit that I am a relative novice.
It appears that you will advise clients of your proposed investments in order that they can in they wish invest independantly alongside you.
My question is for the ‘novices’ unsure how to proceed is whether you are able(or would consider) an option whereby they invest in the Contararian fund run by you albeit with a management charge?
Regards James
AS A UK INVESTOR
WHAT ADVICE ON INVESTMENTS I SHOULD MAKE.
I love reading your view points. They are so refreshingly straightforward….. with no B.S.
However, I could not open your link to get the instructions for attending??. I don’t know why as I can get everything else.
I’m going to be out of town Thursday and nowhere near a computer. I’ve asked my wife to listen to it and take notes.
Barry Stephenson
Hi Martin
I have been following you & your teams commentary of your view of events past & present since October 2008. I am not an investor, trader or speculator but find your reports & views engaging. We are a very small family concern in the U.K. We have a motor business of which we have scaled down over the last 2/3 years in order to make way for a small development of houses. The development began in July 2006 supported by a well known international bank. In May 2007 this bank decided without reason in the words of one of its directors “we just want to get out”. Without going into detail we managed to restructure, however, one of the new funders went into administration in October 2008. We have been in an impasse situation since then as we need funding to complete. As a result of all this & observing what has been & is happening in the world ,banks are not our favourite people. Reading thru your reports & facts as you see them I will base my considerations on them.
Kind regards
Richard
should i hold or sell my precious metel stocks? will they follow the rest of the market down or go up as a contrarian play for safety?
Martin, I sold out everything weeks ago after listening to your doom and gloom web cast. I missed out on a 50% rally as a result of selling my banking stocks based on your direction. What now? do I continue to stay out of the market while my friends and family are getting rich or is it too late to test the waters. Tom
I have enjoyed reading your book “The Ultimate depression Survival Guide” and I read your emails with interest. Despite your discussions being aimed primarily at the American investor I find the overall points are salient to the international invstor also. I have increased my fund exposure to the far east, and commodities, decreased my fund exposure to European stock and, for the first time ever, bought oil fund stock and inverse ETFs . I have kept the dominant amount of my wealth in cash and money market funds based on the likleyhood that we are currently experiencing a bear market rally. I hope you are as good as I believe you are.
I appreciate your humanitarian efforts to help us.
Timing: Help us with timing experts to better guess when these adverse events will
play out in the markets; housing, stocks, bonds, etc.
Both being too early and too late can be costly in everything we do. I struggle with
timing more than anything else I believe.
Thanks
Hi Martin,
Firstly, I would like to say how insightful your research is to read and how accurate you have been regarding the global economy.For this I am very thankful and gald to be a reader of your articles.
Recently, I have been quite stunned by how the stock market has contiunued to go up, even with the GM bankruptcy looming. In my opinion, the supposed “green shoots” driving the rally are very minor improvements on what was economic devastation several months back. How long do you estimate this rally will last before investors change their minds about the economy once again and drive the stock market down?
Also, do you think quantitative easing by the U.S. government will have an effect on asset valuations of stocks and stock prices in the short- to medium-term? I have read several anaylsts comments who believe that although the economy will get much worse, stocks have now reached their lows, because of the effect of quantitative easing on asset prices. Many people I talk to these days are very confused about what is going to happen in the market, because you have deflation occurring on one hand with the deleveraging of debt, but on the other hand, quantitative easing is having an inflationary effect on the economy. What are your thoughts?
Thank you, Martin.
Kind regards,
Matthew MacDonald
Martin thank you for all the advice that you have been giving. I have farm land that I have in CRP, and will be getting government payments for the next 10 to 15 years. What do you think farm land values will do during the coming economy. It has been going up and did go up again last year. I do remember my father talking about the depression before and that some people could not pay the real estate taxes and lost there land. If I get the payments I will be fine but wonder if the government could void the contract and stop them. I really do not want to sell because if we go into hyper-inflation the land should be as good or better than gold?? Any thoughts on this would be appriciated. Thank you for all you time and effort you put out for all to see. Alvis
I have a large position in Franklin U S Gov Securities. Is this fund safe to hold.
Please provide information on how to rollover my IRA to the Weiss IRA Program. How long would it take to make such a move of funds and would I be able to take advantage of your upcoming investment recommendations via the Weiss IRA Program?
Is there anything a person can do without using new money. I’m currently laid-off and don’t have money to invest into something new. I would like to protect my current investments though.
I am at work during the dayn will the video be available for viewing in the evening? I am very interested in making profits now in the bear market. Don’t know how much longer my day job will last. Thanks.
Pam
The last 5 years or so, your predictions have been dead on. GM is sure to collapse in the next few weeks, yet I see the UAW with their heads in the sand not agreeing to concessions to help them out. Does the UAW really think they will keep their benefits and pensions at status quo? I see GM’s pension going to PBGC and the UAW lucky to get 2/3 of what they were getting.
This is a new world, a somehwat scary one………
I am holding an Australian 3 mo. CD (changed from 6 mos to give me more flexibility) through Everbank. Initially invested $98,000 when it was .92. . It went down to the 60’s, it is back up to mid 70’s. Should I hold it in an attempt to recover my principal or sell it at a certain point and take a loss?
I still have several “insured” muni bonds (that at one time were all AAA rated) with various maturities. They now carry ratings of BAA1, A, A2 or better. Do you see these at risk? Municipalities will definitely be stressed as the economy worsens, but won’t they be able to successfully address the cash needs by adjusting their operating budgets (expenses, taxes,etc)?
best upside opportunities?
I believe the nextshoe to fall is commercial rea lestate. How would I “short ” this with an ETF inverse fund? Advise . Regards, Bill
I read each poblication with eagar anticipation . In one of your releises you commented on the eliot curve, The Eliot curse predicts the price of gold will go down, you predict it will go up. I am older and a little bit of a pessimest and easaly agree that things will and must get worse, however is may be because of prejedice-maybe things will get better and the price of gold would in this case go down. All this is of interest to me because I have all of my investments in gold and silver.
After reading the Eliot Curve predictions I felt I should sell the Gold after reading your predictions I felt I should keep the gold or riisk lossing the potential profit when gold may go to 2000.00. What do the other economists , that have a good record of accurate predictions, Have to say about this .
THanking you in advance for your reply
Jake Loepp
What is the timing of the coming collapse? Is it possible for the economy to limp along for 6 to 12 months before the major downturn?
Martin, Please make your seminaars available by telephone conference as well as on line as I am having computer problems.
Is the International Monetary Fund going to dump all its gold on the market, and if so, what will be the effect on gold prices?
MARTIN THANK YOU FOR LISTING RE USA LISTING OF BANKS I SHOULD HAVE INCLUDED EUROPE LISTING ALSO IS THAT POSSIBLE. THE IRISH SITU IS VERY RISKY BANKS EMPLOYMENT POLITICS TAX VERY BAD LOOK FOWARD TO SEMINER ON THURSDAY
THANKING YOU
GERALD
I rolled an old 401K into an IRA, can I get controll and make this a self directed IRA
The bank that I work at was taken over by FDIC and so everything came to a halt. My 401K was stopped and we had to take our money out. As a result, I have very little to reinvest so I want to put it in something that will be safe but yet grow. Also, I am near to retirement. My IRA, which is small, at Wells Fargo has gone down also. I don’t know whether to go to Wells Fargo with my small investment or somewhere else. HELP!!! I know very little about investments or one account to another.
First of all, thankyou for all your good info.
I wish that I knew about you all before the recession started. I have readjusted my 401k as you have advised and am watching the market daily for the next big drop to see what the true bottom is and to reinvest in solid stock mutuals then. I, like some in this blog, have little more than just that to invest, so any advice with this is most helpful.
Also, I have your book on bailouts and have been reading it in between reading your emails and videos.
May God bless you all,
Ken
Dear Mr. Weiss,
I think you are doing a good job, and I wish you success in protecting America’s middle class. I red your recent book, and I red the Greenspan Dossier. What somehow strikes me is that your are so confident of the dollar (by the way, what about the euro?). A russian friend of mine told me that currencies can collapse within a few days (if they do).
Hello Martin, can a canadian take your advice too. I’ve read your book and wish i could move money around if i had any, i did withdrawl what little i had in mutual funds, that money i’m using to live off of as i’m self employed and looking at losing my business(one gravel truck). I did manage two buy a rental property and have tenants for five years with a possible lease of five more years for a total of ten years. I bought this property because it is subdivadable, the plan was when the truck was paid for in three more years i was going to develope this site and add another rental or just sell all and buy a acreage. If i had read your advise earlier i may not have gotten into this predicament i don’t know i thought i was getting into some golden opportunities, once in a life time, now it’ s tuning into a nightmare. I’am taking this time to learn as much about option trading but would like to find a mentor to get me on the right track i can’t afford to make many mistakes. When i talk about your book here there are many that are oblivious or just think were immune to the US ecconomy, i disagree and am worried for my families future. I was just starting to build my empire and now the empire is crumbling and it’s looking like i’ll be starting from scratch. I don’t mean to be so negative but i thought you’d like to know life isn’t so rosy this side of the border, and there are those that are looking through rose colored glasses, ignorance isn’t bliss. Or is it!
Martin-
When the time comes to invest in long treasuries, will you be using Treasury Direct, ETFs or mutual funds?
All of our retirement is tied up in two annuities. . One is new from last Aug the other is done in Dec 09. . it will cost us 17k in penalties to close them at this time . that is better than losing everything but can we wait till dec? We retire in Nov 09 we are 65. . and scared to death but we can’t afford to pay 17k either if there is any way not to. . .
Please confirm if you feel Gold (Certified) Numinsmatick Coins are a good investment at this time? Also would you recommend the coins over Gold ETF’S?
Martin, I have been following your news for about a year or so. I greatly enjoyed the ultimate depression survival guide and highly recommend it to everyone I know. It’s amazing how many people think this crisis is over, when its really just begining. Thanks for everything you do for your subscribers. I am ready to invest with you. I want to totally go full force and strike hard when the opporutity for contrarian profits arises. I wish to split my profolio into 2 sections.
1) (Modest/Defensive) Strong contrarian gains with single and double Inverse investments and currency plays.
2) (Aggressive/High Profiting)Massive highly leveraged HUGE potential gains by striking hard with double and triple leveraged inverse etfs, and different options, against the weakest most obvious crash profit target opportunities.
What high power profit recommendations do you have for investors looking to make full force aggressive high profit strikes on the most obvious weak points in the market. I’m interested in subscribing to the contrarian profolio, but also, because of the significance of this lifetime opportunity I am interested in a more aggressive model for capitalizing on the latest company failures and weakest stocks and sectors as well.
I am wondering if you have any suggestions or subscriptions to help investors looking to use both modest/defensive and aggressive/high profit tactics.
Thanks,
Mike
Are you able to tell beginning investors such as myself that we will be able to
have clear directions as to following your leads or are these strategies for seasoned
investors only? thanks, Maureen Alley
As a retired person, one who knows NOTHING about stock markets, bonds, money markets, etc., and with a husband who literally goes ballistic even thinking about stocks, bonds, etc. (he lost 8 pounds in 1 week when he was trying to earn a bit in commodities, he couldn’t sleep, etc. !) I have these concerns:
1. We have a reverse mortgage on our house. We got the mortgage at the height of the housing bubble! Now our home is worth less than the mortgage and accumulated interest. What should we do about this? (We invested the money in markets that have “gone South” so that even if we cashed in, there wouldn’t be enough to pay the inflated mortgage.
2.You advise short-term ETF’s, but I can’t see myself having to research, sell, re-invest and constantly monitor our funds which are now invested in 401’s and IRA’s with a company that guarantees that we will never loose. They guarantee that, no matter how low the market falls, we will be able to get at least the amount we originally invested. With de-valuing dollars, this sounds less that assuring to me, but my husband is loath to lose the “safety” promised by these companies. What to do?
3. I can’t see myself investing in inverse ETF’s either. . . .or Contrarian stock, or any other adventure. We’ve lost hundreds of thousands of dollars in one scheme after another until we are pretty well burned out! Stock-shy. Scared!
I’ve read your book The Ultimate Depression Survival Guide (and bought and sent copies to my 2 sisters, and our son), and am convinced that our country is on the brink of financial disaster. Given the above, I really don’t know what to do!
Dr. Weiss
I have my safe money in 3 month Treasury Bills as you recommend. With the U.S.
Govt. printing and spending money with no end in sight, will foreign governents (especially China) stop buying U.S. debt? Is there danger of the U.S. going bankrupt and if so, what happens to Treasury Bills?
Pat
We wish you had a newsletter that we could afford–a simple one that invests in a few ETFs & stock, with no puts & calls–that we can handle through our discount brokerage account. My husband and I are in our 80’s, have always handled our own investments, but don’t have much money left after losing nearly half of what we had invested in stocks a year and a half ago. We are completely out of the market now, but would very much like to recoup at least part of our losses while we are still able to handle our own finances. At our ages we don’t have much time to recoup our losses! We purchased and read the Ultimate Depression Survival Guide and want to thank you for writing it! Everyone should have a copy!
–Leigh
Please discuss the safety of fixed & variable annuities 1 HAVE INVESTED in METLIFE. I feel uneasy and yet the acct. ex. tells me I WOULD BE FOOLISH to remove them for safety reasons. I am retired and not in need of funds.
Thank you!
gold versus Silver //which one has the best chance of greater growth.. saw a site http://www.bullionbars.ca which offers the opportuity to buy bars of gold silver or platinum which they will store and insure ..what do you think of buying the actual physical metal versus ..other ways of getting into this area??any comments or adv ice would be appreciated..thanks
Dear Martin,
Your advice is very much appreciated! I sold all Stocks, in October, 2007, for which I am a Fiduciary when the Market was at an all-time high and am very grateful. Please answer this: What is your Prediction for Multi-Family Housing and Commercial/Retail Real Estate?
Also, when can I join your your Contrarian Fund? I missed the first two enrollment opportunities.
Dan
Dear Martin,
This activity actually belongs to the minority of Bears in this phase, globally. Please tell us what if the market don’t go with the path of 1929 First Recession. We need to prepare if the next storm comes next year. Should we keep the contrarian portfolio for year, and keep watching the inverse-ETFs price(cost) getting lower and lower?
Do you have a strategy for the other case? —- just in case.
What is the best action I can take to enhance my dwindiling 401k.
Please tell me how can I follow your move here in Australia???
The power of the bully pulpuit, the Presidency, provides a lot of “cover” for government actions we as the little guys have great difficulty assessing, this coupled with the ups and downs of all phases of the market now make it nerve wracking to hang in there on what are investments I have that are best in this complex situation. Its being able to step back and look at the big picture and hope I have right, and I agree with you Mr Weiss
Woud like to know of a few contarian funds thank you
Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something.I think that you can do with some pics to drive the message home a bit, but instead of that, this is magnificent blog.A great read.I’ll certainly be back
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Youre indeed right with this blog!!!