Dow’s plunge to new 6-year
lows is your LAST WARNING:
A Deep, New Phase of This Giant
Bear Market is BEGINNING NOW!
Dow rips through key support levels; signals new plunge to 5,500 or lower.
Investors already voting on Obama Stimulus plans with their feet: Stocks down nearly 10% since Inauguration Day!
Federal Reserve warns bear market will last FAR longer than expected!
FREE EMERGENCY VIDEO BRIEFING NEXT THURSDAY: “We’re hosting our 11 Laws of Bear Market Success online event to give you the confidence and the tools to keep your money growing.”
CLICK THIS LINK to reserve your place NOW!
Dear Investor,
If there was any doubt in your mind that this voracious bear market is going to be with us for a long, long time — this week’s events should have erased them all …
FIRST, just yesterday, the Dow plunged to new, 6-year lows, taking out the lows made during the WORST days of the banking crisis last year. Moreover, as you can see in the chart above, on a monthly basis, the Dow’s current level is now about to pierce the lows of the 2000-2003 bear market!
Worse: The Dow is now at levels it first hit in 1997 — this bear market has now wiped out twelve long years of profits — and it’s just getting started!
SECOND, this week, the Fed revealed that its earlier promises that the U.S. economy would grow in 2009 are dead. Instead, they are now warning that…
-
Our economy will continue to sink throughout 2009 — and, worse …
-
The accelerating slide in housing, trade, industrial production, spending and employment rates will “MORE THAN OFFSET” the positive impact of any economic stimulus plan.
THIRD, investors have flatly REJECTED the Obama stimulus plan by voting with their feet: In the single month since President Obama took office and began rolling out his administration’s plans to stimulate the economy, stock prices have plunged over 11%.
HEADS UP: Since the Dow has now spoken loud and clear that a major new bear market phase is here …
Since continuing to follow bull market rules would be like begging for a beating in bearish times like these …
And since even the perennially optimistic Fed says the economic decline will be with us for a long time to come …
It is now more important than ever that you reserve your place at next week’s emergency video briefing while you still can!
The title:
THE 11 LAWS OF BEAR MARKET SUCCESS
How To Prudently Grow Your Wealth
Even When Others Are Losing Everything
In this fast-paced, one-hour, online video briefing at noon next Thursday, February 26, 2009, 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 11 Laws of Bear Market Success: My 11-point 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 come right back and post a comment to tell me the one thing I can do for you at this event that will help you most!
Good luck and God bless!
Martin
{ 209 comments… read them below or add one }
Dear Martin:
I would like some comments about the dollar performance against other currencies like the Euro, British Pound, Yen, and Australian dollar in the next 12 months.
Regards
Ricardo
thanks for the fine and informative information you provide for us . It is greatly appreciated. Thanks again. george
I will be at work and we have no sound cards on our computer
I would like to be able to access the audio by my cell phone or be able to access the presentation at a later date
Also, I would like Mr. Weiss to direct his advice to the small middle class investors. most of us have most of our retirement (ha ha, is that a bad joke) locked up in 401k scams!!! and have very little with which to invest in terms of our own money. What do we do to survive and avoid tent cities, work camp and the like?
J Weiss
Many thanks for the program and the help.. Would appreciate it if you indicated the degree of risk for any of the programs or investments that you suggest. Am not adverse to the risk but I would like to be aware of it. Regards, FZH
I really want to understand why you believe the dollar will devalue if that implies that other currencies (euro, sterling, yen etc) strengthen relative to the dollar? Those regions appear to be deteriorating further than the US.
Is the lack of confidence in the currency implied by a dollar decline consistent with the US emerging fastest from the recession relative to the above nations? With the exception of China do you believe the US will not emerge fastest?
sorry lots of queestions…
Final one; how much of the outlook for US inflation can be contained by future interest rate (or tax rate) hikes and how much of the increase in the money supply caused by the government stimuli is merely replacing rather than adding to the stock of “money value” depleted by the devaluation of assets such as houses and stocks. Or does much of the inflationary fear stem also from import driven inflation from the declining dollar?
no no sorry one more – simple stat which I cannot find – how much of the deterioration in the stock market indices has been contributed by the financial sector alone.
thank you and by the way, your team is top notch – not always harmonious in opinion but that means you offer debate and thus food for thought as well as objectivity. I recommend you to anyone who wants to take responsibility for their financial safety.
Mark, I am 62 and my husband is 72. We have lost $90,000.00 from our 401K’s in the stock market. Financial advisor made some changes to our allocations but we cannot afford to lose anymore money. At our age we cannot make it up. We are both still working full time and are not living on this money yet, but when the time comes to start we may not have anything left. Would you advise to pull everything out of the stock market and put it in a safer non-taxable fund? If so what, if not what?
Martin, my portfolio is very heavy in finance and I have lost huge amount. Should dump them all for “no hope of rescue” and just take my loss and move on?
I have bac (c ms jpm usb wfc pru hig pfg)…I was trapped by Geithener’s expectation that never came through. MY concern is how and when do I get out of this mess?
Do you really believe that investors will continue this heavy selling into next week?
Dave
What of if the Govt’ comes our before the end of the day and makes a statement that tickles investors?
What hope is there
Martin,
Please let us know of a reputable dealer where we can purchase gold and silver American Eagle Dollar Coins at a reasonable markup. For instance, when the spot price of silver is around $13 per ounce, many dealers are selling their one ounce silver American Eagle Dollar Coins for $20 each. That is a riduculous markup.
Thanks,
Jeff
Don’t know. Everything is so confusing. We have cd’s.The cd’s are indured by FDIC. We have “mutual of america annuity” which I was told is o.k. We have 1. I R.A.
Don’t know. Everything is so confusing. We have cd’s. they are insured by FDIC. We have mutual of america annuity.which I was told is safe. We have I I>R>A>
Would it be prudent to put some money in in a swiss bank account denominated in swiss francs in case the dollar is devalued or crashes. Which swiss bank is reliable. I see alot of institutions on the internet, but not sure which one is reliable. Thanks, Martha
Dear Martin, Larry, Nils and all at Weiss Research,
Do you feel the SEC or Government should stop all corporate officers or retired officers who hold shares from selling any at this time?. Yes, let them buy, shows faith in the company
Recently the ex President Mr.Dan Leach of NACEL Energy dumped his 250,000 shares immediately he was allowed to and has deeply depressed the stock price of the company.
I feel it just adds to the demise of the stock market and adds to the “fear factor” in the publics mind.
Should there be a hold put in place so as not affect the market price of any stock being sold by an officer or ex-officer?. All corporate personnel/directors/officers have a fiduciary and pecuniary responsibility too all share holders who own shares. To ensure the integraty and livelihood of a company is not impacted by any reckless actions, such as selling any shares they own.
The groups thoughts would be welcome and any suggestions on how the average person/share holder can help corporations be more responsible. The Dow going down to 5,000 and Nationalization of BofA, Citigroup is not good.
Sincerely yours,
Geoffrey Daly, Nashua NH
Martin:
You recently recommended SEF (Short Financials). UYG is the long side of this and is trading now at $2.05. UYG doesn’t leave much room on the downside. If it goes to zero, there is nothing left to short! What happens to the Financials if the major banks are Nationalized? Thanks.
Martin, how will we know that the economy is switching from deflation to inflation? The price of gold seems to indicate that we are headed into inflation while the price of oil is indicating that we are still in a deflationary environment. Also, I own preferred stock in BAC, should I sell or wait for the shares to rebound?
Thanks for your help.
Martin,
I’m 95% cash in FDIC insured CD’s since December of ‘07. Almost jumped back ito the market when it dipped back in November. Have had my eye on gold but, it’ showing the classic double top. What to do?
You have been very accurate in you analysis of the situation and of supplying backup for your analysis.
I attribute $15,000 of my increased tax liability for the past year to your insight.
Perhaps next year you can do better – but I can’t complain about last year.
I hear all about buying gold, but My question is how and what kind of gold?
Iolanda
What will be the path of conventional mortgage rates over next twelve months?
Thanks.
Good Morning,
Again I ask about buying gold. What kind to buy and where to buy it?
Iolanda
Please give me a list of inverse ETFs that I can use to withstand this disaster. Thanks, M.
When the US Dollar begins to head south, I want to move my assets to another currency, but NOT the Euro or the Yen. What currencies would you suggest, and what would you recommend?
I am a Real Estate Appraiser in South Carolina (28 years) and am a member of our state appraisers board (8 yrs). I have been dealing with mainly foreclosed properties for Fannie Mae and now some HUD properties. I teach Appraisal classes (Including the USPAP Regulations) and do this all over the nation. What can I pass on to my students? What helpful information can you provide that would help us to do our jobs better in the analysis of single family housing? Any information would be helpful. Thanks in advance.
Martin,
I have been waiting several years to for homes to become affordable so I can get into something. Is now a good time, or would buying a house now be as smart as when I dumped large amounts of saving into equities last year?
safe short term beside sort term tres. of which we have a lot and afraid of banks as we cannot find their statis
funny we even have difficulty getting cash.
Probably the most difficult thing is how to time investments. While I am familiar with options, currencies, and technical analysis etc I have lost money on recent trades and wrote options on losing stock positions. I am wondering whether I should sell out all my options and stocks and go to cash forever or go into inverse ETFs to try to regain some of the capital. I am down 50 % from the top in my stock account. I may be a very knowledgable investor but I am losing money except in my currency trades. Appreciate any advice or comments you may have.
Roger Wills
safe short term beside sort term tres. of which we have a lot and afraid of banks as we cannot find their statis
funny we even have difficulty getting cash.
Is American Express and their spin off Riversource a safe place to have insurance ?
We have a disability policy (would they pay on it) and a life insurance policy in a 4.5% interest bearing account, which would not have a wd fee.
Years ago I sold Citigroup stock because I thought any company that repetitively sends credit cards to my 12 and 14 year olds can be no good. Now, I am forced to spend my tax dollars to bail out these unethical companies and it is infuriating. Politicians must receive large favors from them. What can we do to stop them….. ? We greatly appreciate your information, foresight and often lone voice !
We have Allianz fixed, indexed annuities in an IRA. Should we take the tax hit for early withdrawal and go to short term Treasuries? (Also, I have a meeting at the time of the webinar that I cannot reschedule. Will there be any way to listen/view later?)
Hi Martin,
could u tell me precisely when the markets bottoms and when they will pick up again?
You have spoken about curreny trading as a source of revenue. Isn’t that a very dangerous road for people who have no experience trading any financial instruments?
Can you discuss your thoughts and offer any suggestions on some conservative option strategies, e.g., covered call writing.
Given your uber-bearish view, should an investor with some cash look at ANY stocks at all now?. What about solid companies like J&J that have increasingly high dividend yields? Thanks
Charles R
The market events are following your predictions 99% of the time. When do you see
brighter days for the small investers of which I am one.
I have held a large stake in GE for many years. Hard for me to accept that they could/have fallen victim. Turned most all my investments into: cash, cd’s & mm. All insured by the Goverment. My IRA’s are now cash in the form of Bank IRA’s insured by the FDIC. The cash/dollars were placed in a safety deposit box at the Bank. My SCHWAB account (<50K) containes oil, uranium, Gold and a little cash. For the most part I have done as you have strongly suggested we all should do. Thank You.
cash.
I am sixty five recently retired and portfolio declined 26% in 2008. I am evenly divided between cash and equities and 15% in municicpal bonds.Virtually all gains from equities have been wiped out. What should I be doing
i HAVE ANNUNITIES IN AIG AND OTHER STOCKS WITH A FINANCIAL ADVISOR WHAT IS THE
OUTCOME OF THIS I WAS HOPING TO RETIRE SOON
My husband and I are 65 years of age and still working – our 401K is taking a major hit -
what do we do? – stay in or get out? – transfer funds to a different retirement/investment
plan?
My KEY issue is where to park cash during this global recession? Is gold the answer?
If so, name a few gold instruments to own/buy. How safe is gold or other stocks/commodities for loss protection? Thanks!!
hi love your broadcasts can you advise about tax liens
Should I switch out of mutual funds and go with an assest management company??
WHERE IS THE SAFEST PLACE FOR YOUR MONEY TO ACHIEVE 10 TO 12 PERCENT GROWTH OVER THE NEXT 24 MONTHS.
I hope you can repeat the information of Thursday’s broadcast…I have to fill-in at my old job that day.
Thanks for all the ‘training’ and support over the years!
eunice
Hi to Martin and the Gang: Is it fairly safe to Get a few Mining Companies shares in some carefully selected Companies after some Due Diligence. From lots of other information i receive it appears to be the metals turn for a Bull Run or a Blow off rally. We have had Real Estate (Done} We have had Stocks (Done) seems to be the cycle now it appears about time for the classic turn of the wheel so to speak for metals to pick up and go. Of course if the Government would get out of the way and let work the way it should…….it would be one less variable we would have to be concerned with…kinda like a lion with a thorn in its paw. I hope all those who voted for Our now president are happy but i can see they will be disappointed in the long or longer term with the threat of hyperinflation looming on the horizon being introduced via the help of politicians and the printing press; would investing in lead better choice so as to defend myself and personnel resources. I do somewhat perceive that one day hopefully before confidence in our present currency is fully diluted, that people will realize fiat money without backing is valueless……….Best……..Regards………Fred……..AKA CaptainFearless……….
I need some simple ways to recover y retirement funds have went from 240K to 115. I am self employed with a good income and able to invest a nice annual amount of cash. Are there three easy things I could do to protect my assets, show some growth and lquidity.
please use your contacts to find out if on 17 sept there was a run on the banks/treasure of 550 Bn? The story is all over the web- except no one so far has said who-(a) got nervous about dollar value or (b) was this more of the middle east support for obama?
or (c) was this a trial run by our arch enemy china correlated with their web attacks on government computers and even down to naval battle group levels?
Explain please the mystery in Foggy Bottom about when companies leave with all their production equipment–ther is no place for the current employees to work. Maybe flippin’ burgers somewhere. But even that– where willl the burger buyers get their money when their job goes to china?
I think lead is a better choice. To quote someone ” a revolution every century or so is a good thing”. It’s true that we have a ruling class in Washington which was never intended by the founding fathers–indeed- thats why DC is not a state! They couldn’t- as farmers etc- residents of states- couldn’t imagine that anyone would ever want to be away from their homes to be in D C– or that there would ever be a need for laws to be written full time by the federal government. And they were correct! They thought the states would rein the fed. Here in Texas the legislature only meets periodically and we’re doing OK.
Dear Martin,
Larry Edelson in this afternoons issue of “Real Wealth Report” and many others recommend the ETF GLV as an easy way to invest in gold. I have been reading the writings of some of the “gold bugs”. Many of them are questioning whether GLD really has the bullion they say they have. I then read their Offering document. (See for eample http://seekingalpha.com/article/121456-is-the-gld-etf-really-worth-its-metal for a parse of GLD’s perspectus.) I came away with the feeling that GLD’s owners are trying to protect themselves a lot more than they are trying to protect my interests. The Canadian entities CFE and GTU seem to be alternatives. If this is unsuitable for your next week’s online talk, please ask Larry and/or Sean to comment to subscribers.
Will overseas readers/investers interest be taken into account in your presentation.
wpt
I cannot view the one hour presentation on next Thursday. Will I be able to view this presentation at another time?
I followed your suggestion that this recession would impact the whole world economy, and one way to prevent losing is investing in a reversed index fund. So I bought EEV(UltraShort MSCI Emerging Mrkts ProShares) in November, but since then the fund value has dropped more than
60 percents, even though the emerging market index has fallen.
Any advice that you can give on investing in reverse funds. I read somewhere that investing in short markets is not such a good idea for long term.
Hi. Your briefs are great, and welcome, and while I understand that you are targeting a wide audience with differing levels of interest and experience, I find the videos very slow in making your points. I find myself looking for a fast forward mechanism, as if the video were designed for people who have learning difficulties
In otherwords, the best thing you could do would be to continue to share your insights, but at a slightly more intelligent pace.
Could you make this available in the evening or on the weekend as well?
I was wondering if it would be wise to withdraw our RMD for ‘09 now (even though we are not required to do so in ‘09). At least that money would be secure. Thanks. Nancy
how long this is going to last ??? and how bad it is heading to be ??? what the major corrections will be???
Hi Martin,love reading your site.I’m in Melbourne Australia and things are no better with the economy here.The government is throwing money around(which we havn’t got) like drunken sailors.Firstly I can someone tell me what time to get on your site for the 26th broadcast?Not sure of time difference from where you are.Will any of the info you give be applicable to me here in Australia? and I have a self managed pension fund,through an adviser and portfolio managers,but I am losing a lot of money from the value of the portfolio.Should I convert it all to gold and cash,and forget the markets?They keep telling me it cant fall further? Best Regards from Aus Paul.
what does all this global mess mean to australia? in terms of jobs, housing prices and exports
Mr. Weiss,
I am a very small investor with about $1200 invested at current market value. I own only 4 shares of SKF, 200 shares of F, 3 shares of EEV and 2 shares of FXP.
Currently I would realize a loss of about 50% if I sell these. Would you recommend that I do so and buy SEF and any others in your Speculator Safe Money portfolio?
If the housing market collapses do you think it would make sense to sell and buy back later?
Hi martin I was wondering what your thoughts are on the australian economy and what you think our share market will do thanks
Dr. Weiss,
If you could refer to alternative avenues of economic development that would be timely and time consuming in application. One example, Dow Jones Dharma Indexes.
Thank you,
DS Corcoran
I am retired. I want to preserve my capitol, but at the same time have income to cover my living expenses.
Need a few companies names that would still be good to short.
Martin….I have this past year lost “everything” that I owned…job, houses, car…thank God I have good friends and family……… that said…I have very little cash to work with and I wanted to know (since I have nothing left to loose)..what the fastest, biggest growth way to invest would be (I know there is risk involved here) …but hey look what happened when I thought I was playing it safe!!…………….right now I’m talking several thousand dollars to invest….not tens or hundreds of thousands of dollars….. Brad
what is the fastest, biggest growth, dividend yielding way to invest several thousand dollars in the next few months
I am 81 years young, for 20 years I have had most of my investments in bonds with Van Guard, GNMA, LT Treas and LT Inv. Gr. very little in equities, any suggestions for these troubling times?
Martin, Thanks for all your info. I can’t say enough how good you and your team are. I am a blue collar worker who has managed to lose most of my hard earned dollars in many ways. My Q. is I have a IRA that is in a CD type of fund that I have a surrender value to pay upon X-fer or cash out which I moved to a money market acct. w-in the same brokerage. I never was informed prior that I had this surr. value that I’m stuck with. What are my options? I don’t trust the Broker anymore. Thanks. Terry
20 cash /30 bonds/ 20 stocks/ 30 emerging markts — this is my 401k allocations in percentages – should i leave it or change it for this “huge” upcoming drop?
HI MARTIN, I HAVE ALL OF OUR STOCKS WITH TDAMERITRADE. I THINK YOU RATED IT AROIUND 14 IN THE BEGINNING. A FRIEND SAID I WOULD BE SAFER BEING IN EITHER VANGUARD OR FIDELITY COULD YOU ADVISE ME ON THIS ONE PLESE. BY THE WAY I THANK YOU FOR ADVISING ME ABOUT RYDEX URSA AND I HAVE BEEN INTO THIS HEAVY AND MADE A LOT OF MONEY DURING THIS DOWN MARKET. DAVE
Concerns at every corner. Does anybody see potential hyperinflation down the line?
Thank you very much for this valuable information.
Dear Martin,
Sorry to say,I will be out of town the day of your meeting.
You and your team rate #1 with me.The accuracy of your advice
since I signed on has been absolutely the best. Had our nations leaders taken heed
of your warnings, in years past, we would not be facing this current fast approaching
economic calamity. Thanks again for your wise advice.
How about some Canada specific information or stratagies.
I am fortunate to be in a fully cash position.
Having witnessed the Dot.com debacle and now the RE crash, I am concerned that the next debacle will be a cash crash…
How would you advise an approach to deal with the impending hyper-inflation which may very well follow a deflationary period and would drastically impact the ‘true’ value of money ?
What “green” stocks will be good to buy, – when?
Please give your personal angle on Larry Edelson’s discussions (Nov 13, 2008 & Feb 18, 2009) re the historical precedent “To end the Great Depression in 1933 Franklin Roosevelt devalued the dollar via Executive Order #6102, confiscating gold and raising its price 69.3%, effectively kick starting asset reflation.” This week Larry noted (while eliminating any idea that gold could today be confiscated) “This is exactly what President Roosevelt did in 1933 when he confiscated gold, raised its price, and devalued the dollar. Almost immediately, the economy began to recover, employment picked up, and both prices and wages started rising.
My job is moving to China, I use to make parts for GM & Chrysler. I have just about lost all of my retirement money in my 401K saving plan at work. I have been with this company for 26 years. I still have 23 years left to work. Any advice on where to place what I have left in my 401K , I would appreciate. I will be let go from my job in June 2009.
Most helpful for those rural folks like myself unable to get high speed internet or for those who will be at work would be an audio only version and a text version. The description of your subject matter sounds excellent. Thanks.
I will be meeting with my financial advisors next week…what questions should I ask !
Here in Australia our government and banking experts are continuously reassuring us that we are in a strong position to weather the storm. There does seem to be a lag in comparison to the US, UK and EU…but I am convinced it will hit hard in the “lucky country”, one of the worlds biggest exporters of resources…and very reliant on those exports. Our experts are trying to convince us that china will save us.
Can you please share your opinion on a most likely scenario for Australia…home to some of the world most expensive real estate and cities in the world? What will happen with unemployment, the price of real estate and our ASX (stock market).
Regards,
C. Zering
I’ve enjoyed your prior briefings, but from the above comments I see I’m not the only investor that has a scheduling conflict with your Feb. 26th briefing. If it will be replayed at a later date, can you inform us of this date in advance? Thanks.
Hi Martin,
The UK position clearly has differences from the US and a main reason is that there
are far fewer choices of investment here compared to the US. My pension fund here
is largely cash but of course the returns on cash are now around 2.3% which with
admin costs means my real return is nil. Yes, I am aware that too many UK Mutuals
have dumped investors in supposed cash funds which are high risk : mine is secure
and I accept that there is always the risk of the AAA provider going down.
UK short and medium Gilts are lousy value at present and my only other fund is
AA Rated UK Corporate Bond where the returns are reasonable.
Sure, I want to invest in Equities ‘at the right moment’ but I fear that the day is some time into the future. Indeed as the FTSE 100 has just dropped below 4000, the next
benchmark seems 3500 and I would not be surprised to see a bottom of around 3000.
My investment problem is that by law here my pension funds are locked up with a major
provider who does have a large range of funds ( own, plus good market selection ) and I’m keen to adopt a short term strategy which gives me a fair constant investment return. Ideas?
PRIVATE and no Restriction Funds
Currently I have a basket of mainily Equity Funds which have not been well managed
( by me , just let ’sit’ ) and I am keen to liquidate some and seek alternative investment
which can give me a good return in the bear market. Not massive sums!
Over to you.
Regards and thanks , Graham Chrystie.
PS Your e-mails are most helpful and blunt. Here we tend to encourage flowerly language and gloss over hard facts and real advice. Keep up the good work!
Hi
As I am based in the UK can you send me the summary of your meeting?
At the moment I am almost 100% cash (in £) having just converted 25% of my portfolio into cash from gold.
As I am 57 I am very eager to protect our portfolio from inflation and “currency debauchery”.
I like gold long term but I decide to take profits now. I am concerned as to which currency to place our savings
Regards
Reg Tooth
PS I enjoy reading your comments on the market
My 401k is up 35% since Nov. 07. I am 50% cash – 1/2 in short term T funds & 1/2 in 4% interest bearing fund; then other 50% in stock funds split quarterly into DXD, GLD, ABX and AUY. Would you recommend rebalancing and if so to what?
Thanks, Lee
Martin, Instead of a strategy for protecting our money, which is completely defensive and paralizing, a change of theory may be in order. I like this scenario : How does one plan for worthless currency? Definition of wealth — any useful material thing capable of being bought, sold, or stocked for future disposition. Apply the scenario and definition to survival. We can all make money investing but what will we be paid in?, if paper money is worthless. As the economy unfolds or crumbles, maybe you could feature just such a discussion. I would be very interested in your insight.
I would register but I’ll be traveling unable to attend. Will this info be available later?
My husband and I are partucularly interested in how you think the AAA rated, insured tax-free muni bond market will go…we have our entire portfolio there-always have! We have made 5% tax-free quite comfortably for the last 8 yrs. Sounds too conservative, I realize, but as of yet, we have not lost a dime and are holding nicely.
We appreciate all of your work!
Martin, thanks so much for your valuable information at such a critical time.
To the point. I have been a realtor for many years and as you know the rug got pulled recently. It isn’t getting any better. I have been contemplating getting into the short sale and flipping side of the business. I don’t plan to hold much real estate beyond what I already have but buy and flip. Am I wrong in thinking there is a great market for investors who buy foreclosures and short sales? I don’t really have a lot of ready cash that isn’t tied up in real estate.
Thanks,
David
Will you have this presentation recorded for paying members to view as I, like others, cannot be present to watch the actual broadcast?
Most of your advice is geared toward US investors, but could you also make recommendations with the Canadian investor in mind. As an example when you recommend the gold ETF (GLD), I am not sure if I should be buying that one or a canadian ETF such as (IGT). I have to consider the currency exchange and if I think the canadian dollar will strenghen against the US dollar. Also there is the trade volume of each ETF, GLD has a lot more volume than IGT. I look forward to your reply.
John
What is a good suggested percentage position for the cash portion of my portfolio given the present conditions?
Martin, we have a credit line with our home as the collateral of prime minus one-half percent which is currently 2.75 percent. Eventually we want to get a fixed rate. Do you think we are getting close to the bottom for long-term rates?
Thanks.
Chris
Tell me how to veiw this after its over since I will not be able to attend “live”.
you are mistaken in your predjudice of president obama he knows what he is doing.
all the people who chatise him will wake up some day while this country grows. this shows me how narrow minded the republicans are.to criticize him with only a month
in office mr weiss i am surprised that you would preach the same lines of the Republicans. i am not a staunch democrat bu look aroun As how the republican friends
of bush and cheny. their leading this down the road of ruin this socalled recession is similar to the receession of 1958 president eisenhower. i admired him not for the
recesion but of the korean war and his tactics that were used on his various campaigns
Dear Sir:
Please Google “AMERO” and give your opinion. The North American currency is suppose to replace the dollar following it soon collapse. Sounds like fiction, but apparently true.
I place great value in the opinion of Weiss and Company.
Sincerely,
Bob Padilla
Currency Trading assistance – best way to invest. Coming from a person with no experience whatsoever in currency trading.
On Wed and Thurs at the times of the broadcasts I cannot listen. Will I be able to at a later date and time? Ernie Lawes
MARTIN, I WILL HAVE 100K AVAILABLE IN MARCH AND I WAS GOING TO PUT THIS IN DIVIDEND STOCKS JUST FOR THE MONTHLY INCOME NOW I SEE DIVIDENDS BEING CUT IN HALF AND ELIMINATED. MARKET LOOKS LIKE A DOWNER FOR THIS ENTIRE YEAR. WOULDN’T A MOVE INTO AN INVERSE POSITION BE BETTER. WHAT DO YOUI HAVE THAT WOULD PROFIT FROM AN INVERSE APPROACH. DAVE
Tell us what you are doing for yourself, what can we use of that plan…?
I pulled all my money out of mutual funds and put it into a fixed account for my 401-k back in May 2007. Even though I was fortunate not to have been caught up in the stock market collapse I now worry if my money is safe in my 401-k and also if there is anything I can do to invest it beside the few funds available.
Sir, I was unable to get into “The Money Machine” before the discount lapsed because I have been overseas and would not be able to use the 30 day review period. Will there be another chance to get it at a discount? Thanks!
My broker put me in a bank stock FITB, he says it will outperform this year, any chnace or do I need to take my losses and get out with whats left or wait for any type of bounce upward from President Obama’s plan and then get out?
(1) how to secure IRAs/401Ks
(2) how to secure cash
Hi there,
With the continue bad news and negative development, Gold @ usd 995 on Friday. With USD vs Sin dollars hitting around 1.532, Will it be ok to go into Gold at this moment ?
Hi,
In UK we say i2 noon or 12 midnight – the 12pm is a little confusing if one lives the other side of the earth. I imagine the conference starts at 12 noon USA ! RH.
Hi Martin-I’ve been retired for 6 years living on my pension. I’m only 60. I’ve lost $60,000 in the market and I have a diversified portfolio of mostly mutual funds. It is a managed fund at 2% of value. I would like to get rid of the fees but I’m told I have to sell everything to move the money somewhere else which would mean it is a REAL loss not just a paper loss. I don’t know what to do. I can’t see paying a financial manager to lose money. I could stick it in an Index fund and do better (I think). I am not an experienced investor but I read EVERYTHING you print.
I was disappointed when you offered free analysis of portfolios $250K and greater. Us little gals need help too.
All I have is a 401k for investments, is there anything I can do to save what I have left and what should I do with the contributions that I am putting in now? Thank You.
Buckminster Fuller in his book “Critical Path” attributes the exidos of U.S. jobs to foreign countries, since 1951, to our tax dollars via foreign aid funding
being used to build new plants oversease for U.S. businesses All congressmen contacted by me (in person and letters) have refuse to respond. Are taxpayers still paying to move their jobs overseas?
Your advice is geared toward folks who have $100,000 or more to invest. Please provide guidance to those with $25,000 or less to invest on how to recoup from this horrific downturn in the market.
I believe if your opinions on the direction of the markets incorporated some type of timing, you would be much more effective. But sending out emails suggesting one buy double leveraged short funds, after the market has made 7 consecutive lower lows, is begging to get hurt short term in the market. This is my biggest complaint with your recommendations. They seem not to consider to any degree short term technical factors. Even if you are correct that the longer term market direction is down, buying such a product at the lows prior to a short term bear market rally is unwise, and not profitable.
Larry and others recommend buying gold. If the markets fail, if the very worst happens to the economy, how would owning stocks in gold benefit us in terms of having wealth other than on paper? I do own GLD and other recos and have followed Real Wealth faithfully.
What happens if the treasury auctions for US bonds goes very poorly due
to lack of demand? the realistic senario i have in mind is that the Banks are
nationalized, not just a few but 50 or more banks are nationalized.
There would be no market for our debt in the short term. Would the government
buy it’s own debt in this instance.
What would happen to the price of treasury bond funds, int rates? Is there a possibility
that our government would default on the debt?
I am not one to panic but needless to say i am very, very concerned! There
seems like no where to hide but in short funds, gold…Thanks, keep up the
great work!!!
I am self employed have been saving for years and have invested primarily in mutual funds. I’m watching it decrease, and moved 50% to government bonds. My 14 year old daughters account for college has also been moved. Shall I move all of it? What is the most secure place to put a retirement account. I am 53, will work for 10 more years. Do I have time to recover the loss?
Deborah
I have been following your suggestions for months, but have made almost nothing from the reverse ETFs as I put carefully considered stop losses on them in case there is a sudden reversal…and sure enough, there nearly always is, just enough to stop me out of my positions, frequently within the same day. I chart the near volatility in the ETF and monitor it closely, but it is not a successful tactic. What formula can I use to intelligently place stop losses to protect my gains, yet not leave me wide open to wild reversals? Particularly in this market, since so much movement is driven by investor emotion, volatility has not been my friend. I cannot imagine just going bare into the market with no stop losses.
Much is being said regarding “cash will be king” and that Treasury Bills is the safest place to keep that cash. I’m curious how that plays out when the new AMERO takes the place of the DOLLAR. Knowing that the AMERO may not necessariy have a “true” 1 DOLLAR = 1 AMERO conversion, that is, there may be a devaluation(or is it debasing?) if a conversion becomes, say, for example, 4 DOLLARS = 1 AMERO. I know you said in the video that it wasn’t necessarily prudent to move DOLLARS to a foreign currency because the economic troubles we’re experiencing are global in nature, but wouldn’t it be wise to move some to foreign currency rather than risking a devaluation? — Jerry C
Dear Martin,
Please discuss the relative safety of Treasury bills vs FDIC insured CD’s.
Thanks,
Jim
As economy shrinks, and deflation takes hold of all industries, I see companies continue to slash armies of inefficient employees. What we will see is an emergence of automation, making a parallel with Japan… viewing newsreels where Toyota factorires are packed with robotic arms, and cleverly programmed robots we in US will see robots at factories, massive vending machines serving all sorts of products to customers instead of slow, and dumb greeters, waiters, or service workers.
Martin,
As a business owner, we have been holding large amounts of cash in our company checking account, much to the joy of our bankers, because of the unlimited FDIC coverage in non-interest bearing accounts. How much danger is there in this strategy? We are afraid to move this cash into a brokerage account and even short term treasuries scare us at this point. The mattress or the hole in the back yard looks more attractive. Also, the large cash position concerns us as it seems that at some defining moment the dollar must be devalued, or through globle loss of confidence, calapse. How do we protect ourselves from a calapsing dollar. And do you see capitol controls being placed on us by the government to prevent us from moving cash outside the country? And, if so, where and in what form do we place assets out of the USA?
Thank you for all you have done. You have been sooooo right for so long that you seem to be the only credible source of informative help.
Martin,
I have been following you for some time. Unfortunately I have not always had the courage to follow your advice. I did not believe you when you said the DOW would go to 5000. But now it seems very likely that your forecast will come true. It is really remarkable to see that ultimately you have been right all along. You have made a believer out of me. I will summon the courage to follow your advice from now on.
Thanks
can you provide investment vehicles for the very small guy? ie penny stocks or puts
around .05 to .25 cents
Do you have any gold stock on your radar screen that might duplicate the performance of Homestake Mining during the Depression years? And, if so, would you mind sharing your opinion. Thank you.
The giant retirement fund TIAA-CREF seems to fly under everyone’s radar screen. Many academics and other non-profit sector professionals have most of the retirement savings there. Is there any risk of company failure with with TIAA-CREF?
Where can we get comprehensive, clear instruction for working with the forex market?
I.E. instruction that a novice to investing and markets can comprehend.
If the Eurozone collapses and the Euro vaporizes what happens to puts on the Euro?
How can I generate enough income to survive? It seems everyone is cutting or eliminating dividends and bank CDs and money funds pay practically nothing. Are pipeline companys and mortgage REITs that only deal with goverhnment agencies safe?
Is it a good time to roll over IRA funds and buy “SPY” or other indices? I have a 20 year time span ahead!
Dear Sir,
My wife and I do not at this time rely on our investments and we’re able to make mortgage payments easily. However, we see our portfilo plunging in value and were looking forward to it as our retirement account. If we sell the stocks we pay IRS and still aren’t assured that a reinvestment will do any better. I guess we’re a bit scared.
Thank you
I have managed to accumulate a good bit of money in a Roth IRA, but I have several decades before I retire. At this point, it disgusts me to watch it disappear with this insane market and I trust very few investment institutions or vehicles! Is there a way to protect this money for the long run–i.e. VSIPX, TIPS, international bonds?, GOLD (holding physical), that is available through the average broker for an IRA??? And which remaining brokerages are the most sound, in case more shoes drop and further disaster spreads like wildfire in the financial industry???
Thanks, Ellen
We have been following your advice for many years along with the Prophetic book ON THE BRINK How To Survive The Coming Great Depression by Michael W. Haga and are (we hope) prepared for the worst.
I do have one huge worry–what will be the warning signs of a wholesale banking collapse? We now have our life savings in two local banks–even rolled over (12 months ago) 401K and 403b retirement accounts (that were in AIG–it was like pulling teeth to get the money). Both local banks are mid-size banks with ratings of B each–but their liquidity is not the greatest.
I don’t want to lose our money now–not after all we have gone through to prepare.
We thought about your EFT currency investment but are very conservative and not completely comfortable with it. We do have some gold and silver.
Thank you for all you do
David
I took my 457b retirement and invested it in bonds back in late 2007 at your advice. That worked very well in that I have seen limited gain while those in my organization that didn’t suffered the stock market downfall. Now I want to move it again because of your advise but we have only one Money Market fund in our 457b plan. Any advise on this issue?
Since I live in the UK, are you comfortable, giving advice for those of us across the pond?
For instance, I have a poorly performing endowment policy, designed to pay my mortgage off in four years or so and am moved to cash it in at the earliest opportunity and buy gold.
I’d be interested to hear your thoughts on that.
I am in Australia – will it mirror the US? What options are available to me to recoup some massive losses?
I have some excellent natural gas and gold stocks in the Canadian stock exchange now – are these stocks I should hold on to?
What to do with cash to keep it safe and not be eaten up by inflation.
This large infusion of cash into the market will fund R&D and stimulate creation of jobs, even though it means passing the payback responsability to our grandchildren. However, is this not also a new and dangerous approach to bypass the peer-review process. US-Peer-review processes have long been the object of admiration in Europe and other countries. The process assures that special interest groups will not hord all the R&D $$ available. As budgets shrink and economics get tougher, R&D declines. Meanwhile, the future of technical solutions to problems continues to depend on innovation. How can this targeted research stimulus be good for innovation? I admit it will acclerate development of wind & solar energy applications but what about the even more critical technologies? We will run out of potable water before we run out of oil reserves. Ignoring population control will lead to the demise of nations long before we kill ourselves with air pollution or global warming.
Jim Cramer actually has a pretty good idea regarding addressing the mortgage / housing situation today. I generally don’t find his info to be all that great, but I do try to read several letters and blogs from different people. I am an ETHICAL mortgage broker in California (for education / experience info) . I think it needs to be developed just a little more and then get a movement going to push it in front of the powers that be.
Martin,
I have two non-taxable accounts. The first is my current company 401k (which holds about 1/3rd of my total money) and the second is with an independent adviser (roll-over account). Last May I converted my roll over account to 100% cash. In the Fall of last year I purchased an Annuity (40%) with Allianz and the remaining roll-over money is split between cash and short term treasuries (90 Days). My 401k has been in a defensive position since last spring holding 60% cash. Currently my strategy is “winning by not losing” and in fact I have not lost any money (yet). I don’t know what else can be done to protect my money and I not sure I should make anymore changes? My only concern is “how bad is it going to get”? If in fact the market drops another 40% or so and stays down for several years is it worth investing (staying) in the stock market. What I would like to know if the market is going to be depressed and stay that way does it make sense to completely cash out, pay my penalties and taxes and pay-off my mortgage or alternatively (and maybe makes more sense) cash out in the year 2010 and put this money into a Roth IRA?
Your advice or suggestion, please: Dad worked 40 years as a federal employee–his only retirement income is derived from federal money. My sister is working for them now (23 years in); I am retired from federal employment and live on Social Security disability and federal employment disability–all derived from federal money, of course.
Which direction should we go?
I am 66 and have lost over 1/2 of my retirement. How can I recoup huge losses?
Would it be wise to invest half your wealth in Canada?and if the US dollar fails or is devalued what effect would that have on their dollar?
So, now…
What should we really do? I am considering taking out all of my 401k and putting it into cash — cold, hard cash — and storing it in a gun safe. I really see little point in moving it out of my employer’s 401k where it has lost thousands and thousands and then re-investing it somewhere else just as likely to fail, as you seem to indicate in your correspondences.
I fully realize you are in the business to make money, and that is perfectly fine. But why should I invest in one thing over another when there is NO guarantee either or any will be profitable. At least in my gun safe, I will have cash for whenever I need it.
Please advise on how and when to invest in gold and silver. Thanks
How about some help for the investor that has a small portfolio [less than 100k]. I am in my seventies and I am looking for secure investments.
I hope you can give us income alternatives other than us treasuries. Also growth vehicles would be good to discuss. I currently use fully collateralized secured notes for income and growth but would like your input on what you would use besides T-bills
Hi Martin,
I have been reading your newsletter for a longtime. I am working so it is not possible for me to join you at the webinar. Can put it on line so that I can watch it at night ?
Another worry that I have is ,” Could you be too negative for too long” ? You know that the M3 is way out exploding. All this money has to go somewhere. I want your comments on this.
Thanks.
G.N.Naidu
Any thoughts on best strategy regarding health care/insurance? What will the likely changes be?
Do you think farmland will go up in value? Knowing (assuming) that oil will go back up in price and conventional – modern farming will fall apart with high oil prices.
Greg Glasier
Please point out the best companies to short sell. With all the government intervention and the fact that the intervention is often not transparent, trading has become much more unpredictable.
Hi Martin and company. I want to compare you to Noah and the Ark. Continue to lead your flock and may God Bless all your actions.
Paul Davis
Martin- Yes, I know the U.S. has fiat currency, but is there ANY currency to be in now, that will weather this financial meltdown? Thanks, Randy
What do you think of the Rydex currency futures fund and double ETFs which double movements (up or down) with various indices?
I have my money tied up in CD’s. If I wanted to be an investor I would have to pay penalties for cashing one or more of them out. Or take a portion out would still cost me penalties. Any way to get around this if I want to invest?
Jim York
I suggested to my broker at Smith Barney that selling my IRA mutual funds and going into safer investments would be a good idea several months ago. Unfortunately I got talked out of that and am now down about 40%. If I now go to something like treasury instruments I will be locking in losses. If I don’t, and the market continues downward, my losses will increase. What should I do within my IRA to come up with a winner? Alternatively, I could sell my IRA holdings and take the tax hit to get the funds out of my IRA to allow other types of investment Your advice? Thanks, Charles
Martin, In light of the chaotic conditions in our government and economy, I am wondering if it makes sense to continue to contribute to 403b and IRA accounts. I do not like to be separated from my money in these confusing times, and I am concerned about having these retirement accounts in institutions that may collapse and thus make it very complicated to recover the money, if at all. On the other hand, I know that it is good to have tax shelters. Would you please address this issue.
Many thanks. JR
I think gold is a way to avoid the stocks. How is the best way to own real gold (not stocks) for the long haul.
Thanks
I am reading your material and find very strong reference to the economic situation unfolding in the United States; can you address what you feel is the impact of all your insight on the Canadian economy in particular as well as its impact on NAFTA and the theory of Globalization ultimately. Please give me your thoughts on my suggestion that all of this was more or less orchestrated (although the designers, it seems, did not properly calculate the impact of their
‘chess moves’).
I look forward to your discussions.
please address the issue of whether to continue to fund retirement accounts, such as, IRA and 403b. Am concerned about being separated from my funds.thanks.
We have a Line of Credit with Genworth Financial of Spring, Texas. The Line of Credit is the proceeds from a Reverse Mortgage. Is this money safe or should we have the money transferred to our checking account and then buy short term treasury notes? Would it be advisable to put some of the money in a gold EFT?
Thank you for considering these questions and for the extremely cogent financial advise that you and the personnel in your company have given to us.
FOR THOSE OF US WHO HAVE VERY SMALL AMOUNTS OF INVESTMENT MONEY IT WOULD BE SO CONVENIENT IF YOU COULD CREAT AN INVESTMENT STRATEGY THAT WE COULD PARTICIPATE IN WITH AN INITIAL SMALL OUTLAY OF CASH ALONG WITH THE OPTION OF HAVING THE FEES DEDUCTED FROM OUR CREDIT CARDS ON A MONTHLY BASIS UNTIL AN ADEQUATE AMOUNT OF PROFITS HAS BEEN ACCUMULATED.
Would like to know your gold bullion forecast…..
Desperately needing a currency forecast: which will be strong near term (CHF?????)
which will be strong long term???: Dr. Leeb suggests 4 currencies: Russian Ruble
Brazilian Real
Canadian Dollar
Australian Dollar
Soros and Volker and Petersen and Walker are the guys to know…..
I am retired. The bulk of my money is in an annuity. So far the insurance company seems sound. I have not withdrawn any money. Should I just sit tight or start withdrawing the money from the annuity?
I’m retired and drawing a monthly stipend from my 401k. The value has dropped 50% over the high in Oct. 2007. My broker tells me to stay the course. Most all my money is in mutual funds. Do I “take the big hit” and get out now or stay in?
Dr. Weiss,
Unfortunately, I will not be able to join you on Thursday morning, but I do look forward to reading your take on this very informative seminar after the fact. However, Dr. Weiss I do have a couple of questions – In light of what’s going on with the banks, how does this whole scenario affect your savings with local credit unions, and/or local retirements funds, i.e. educational retirement funds per say? As an educational employee we pay into a retirement fund, which make investments of some kind, I’m sure. Are they are affected as much, do you think? I must say I enjoy reading your newsletters daily, which keeps me up-to-date as to what is happening in the financial things of life. I by no means delve into the markets, but I just refinanced my home, and I am wondering what is the best way to utilize the cashout amount to protect myself, It’s not much, over ten thousand. I have a friend stockbroker that tells me to buy silver bars vs. stocks to include in my so-called portfolio… would that be one way to go? However, I wouldn’t invest it all in silver. I’m a hard-working single middle aged woman who is closer to retirement than anything else. Any ideas? Thank you so much Dr. Weiss, and may God Bless you and your staff richly!!
I’m getting layed off of work march 30, we were told we have to roll over our 401k out of the company. Their is also talk of paying out our pension. I already lost about $25,000 on my 401k. where do I put it? I’m 50 years old and don’t know if I will get my job back. My 401k is in Vanguard funds, there is about $34,000 left.
What do I do?
What should I do with my Canadian dividend funds of mostly banks stocks in unregisted mutual funds I already have lost 35%
Martin:
I am so impressed that in ~ August,’08 you called the low for the Dow to be 7,600—it reached this in October. Your second call I believe was 5,600. I expect this likewise will be a good call. Thank you for that and much more.
Jon
Martin,
I signed up for your briefing Wednesday but I seldom get a good enough video stream with my system. I can watch it if you run it again as you usually do. My question is: will the government default on the Treasury bonds, or GNMA bonds? I also have heard that they are trying to figure out away (legaly) to take over our IRA/ 401K accounts and use them to back-up Social Security. Do you know anything about this? Last: Why is there no safe place for our money?
Thank you
Michael
Martin, I do’nt do alo of selling, usually I try to buy good stocks and hold them. I feel if I sold the stocks now I would loose alot so I hope eventually things will come back . Thankyou for your concern and you great newsletter. Frank
The one thing that you can say, which will help me the most is:
To courageously retract your previous dismissive rejection of the notion of keeping more than 5% of one’s portfolio in gold, and, instead, to now openly and convincingly declare that it makes perfect sense, right now, to hold 30% (or more) of one’s portfolio in gold and silver.
Question,
Was this crash orchestrated to begin the formation of a one world government or at least world agencies that will govern us like the international accounting standards board for publicly traded companies starting next year and for the systemic world risks boards being formed etc? How will this affect investment decisions, if any?
Where is all the TARP money going and why aren’t the banks telling us where it went?
Please review your indicators for assessing an approaching market bottom and criteria for suspending the bear market strategies or tactics.
Hi Martin & Team
I would like to follow some of your advise in your Safe Money report, but I do not have access to any brokers in the US.
I am English but currently living in Spain.
Do you have any suggestions how I can access the financial products you recommend.
My investment “pot” is only about $20,000
The information you provide in your articles is highly informative – many thanks.
Keith B.
Martin: Given the low interest rates on money market funds, would you recommend investing in mutual funds that invest in Ginnie Mae securities? Those funds seem to have held up well during the turmoil of the last year. Also, how do you feel about investing in mutual funds that invest in high-quality corporate bonds?
Thanks for your help.
Stan
I have never bought a home and my credit is mediochre at best a 640 I live in WA state on the Olympic Peninsula. I am curious if it is a good time to buy a home if I even could get a loan. Do you think the “foreclosed” homes are perhaps a good buy yet or should I continue to wait out the price drop? It seems to continue to fall and I want to buy when the time is right. Any advice? Thank you
Martin,
What is your opinion about the safety of muni bond funds?
I would like to know where to put my cash. at first you said short term treasuries,now people are talking about the treasury market cracking. I have an a+ bank will a cd from there be safe?do i buy gold some say yes some say no do i buy and hold physical gold or just etf’s? thank-you.
The bond market is due for a major correction:
1. What is your 3-year forecast for 10 year treasury yields?
2. At some point during the Great Depression was it a viable strategy to short treasuries?
3. For income investors, are G.O. municipal bonds even safe in this environment (even though they are backed by taxes what municipality will have the courage to raise taxes when the easier choice will be to default on interest payments)?
4. Should I wait for the yield curve to flatten before shorting the bond market or will that be too late?
How can I tell when we have reached a good bottom?
Martin– Do you anticipate more downside in oil as the economy continues its slide? Considering peak oil, it seems to me that crude should not continue to decline but find a bottom which could be near to where it now resides.
Another question that I have pertains to long term treasuries and interest rates. With the sale of billions of dollars in bonds coming up and the enormous amount of money that has been printed for the bailout and deficits, I wonder how interest rates could go anywhere but up? My understanding is that rising interest rates would have a deleterious effect on the dollar, and the stock market would plunge even more. If oil were to also rise, would that have an absolutely devastating effect upon the economy to the likes that goes way beyond the current woes? Is this not a doomsday scenario for the economy and perhaps Capitalism itself, and how likely is it to happen? Can you please comment and discuss the possible time frame to this scenario?
I’m curious. Follow the logic (?). Under the constitution the Congress was to issue money and regulate the value thereof… you know what came next__ but here’s my question,,, if we nationalize the banks, then Congress or congress as the case may be gets to,,, (at least attempt) to regulate the value thereof…. isn’t that what “We” want ?
I mean besides the potential that the repaired and then profitable (national) bank could then be sold off to private investors again causing, “we” the taxpayer to lose our profit and stock ___ what’s so bad about nationalized banks ?
Is there any safe haven besides T bills or under the mattress, to preserve principal and safely receive enough interest to keep up with inflation?
What about UK invetors..?
If I liquidate all my stock holdings, would you suggest I sell everything “at the market” or set sell limits a few points above the current prices and hope for a rebound to sell?
Thank you for your consideration
Larry
I live in the U.K. I have personal pension policies with Norwich Union now changing its name to Aviva. One policy is due for payment NOW, the others in 5 years. Should I let the policy due for payment now run until I am 65, 70 or 75years old( as the company want me to do) or cash in now and forfeit any decent end term bonus and receive only a small pension, due to low annuity rates at the moment? or should I wait and hope that in 5 or ten years rates would have gone up due to the government printing more money and then trying to control inflation it causes by raising the bank rates ?
What would you suggest for the quickest/safest way to recover the value of a portfolio that had sunk 55% in a year just as I found myself unemployed at 61.
Good day , in the spirit of a true emergency , but not taken by surprise , I’am looking for people who need spiritual direction at a high level. Distribution of grace is not of chance or emotional. Peace of mind today as always , is knowing what your doing and being in alignment with the reality that is true and its learned not bought. I’ am thankful for this website and the heads up it affords us. Anyone in need of mature spiritual ability to take freely of god’s great ability , please get in touch with me. This is not a time to be timid. Thank You , Rick Bruce
It will get worse 4 sure.
You are our life line!!!
How to position oneself for participation in a move to the downside without being blown out by a move to the upside. Many, even on MAM site, are calling for a rapid upside move prior to the drop.
Spreads, options others???
You are our life line!!!
Question:
Do you think the banks will be nationalized and if so what does this mean for me who has most of my money in cash in banks? Are credit unions at risk of being nationalized too ? What does this mean for me ( as a account holder) if the banks do get nationalized? I do not own any bank shares, I do understand that the share holders will be wiped out. I am concerned about savings, CD’s, M.M. held in a bank. What about Brokage frims Cd, M.M. , how will they be effected if any? Will loans from banks be harder or easier to get and at what cost?
Gold??????????? too late ??????? ETF / Physical?
Jobs…… in U.S. what jobs will come back sooner than others?
Heathcare: people are loosing jobs AND THIER HEALTH INSURANCE. Are we moving to Socialized Healthcare?
How long in your opinion will it take to see/hear positive news again?
Thank you.
Bee
How much of the current drop in the indexes would you attribute to the imploding European economic situation and what impact, longer term, do you see this having on North America? Are home grown troubles the only ones we need to look at?
Susan
I fear that the world’s experiment with fiat currency is going to come crashing down quickly…It won’t be a question of whether to hold US Dollars or Euros or Yen…the paper will be worthless. Pick your reference point: Zimbabwe, Iceland? Soon all the circus-act contortions and trickery of the central banks will finally be exposed and governments will finally be seen as the utterly debt-devastated bankrupt entities that they are.
How and with what will we pay to feed our families during the painful process of a return to the gold standard? What are the historical precedents for when governments finally made the right decisions and backed up the paper currencies with gold ? What was the impact on society? How long did the transition take?
I lost everything in the late 90’s, through arbitration I got about 130,000 back, 90 after the expert witness and legal fees. Aside from being a single mom, and on and off disability, I didnt know who to trust and tried to just save money, which became impossible having to live on social security and my leftover cash. So, my question is now, is there any hope of a VERY small investment strategy that could grow substantially in the next few years.
If 3,000,000 ounces of gold have been purchased by American since Jan 01, 1976, thta would make the total amount of gold ounces owned by the American public something like 120,000,000 ounces. If the U.S Government de-valued the dollar, by re-deeming all dolars held by foreigners, at $10,000 and ounce. That would mean that the 120,000,000 would just about wipe out the 1.5TRILLION in debts owed to The Red Chinese.
When do you think OObama will confiscate. the gold held by the American Public??
I’m unable to attend all of the Thursday breifing (previous commitment I can’t move). I just recently signed up with your service — will you have an archive of the briefing that I can access later? If so, how do I find/open it?
About parking my money in a safe place: With all the doom and gloom about banks and other financials, I have heard nothing negative about credit unions. Are they a safe harbor to ride out the storm? Any particular ones that stand out? Do they now have higher insurance coverage similar to FDIC like banks do?
On investments: with stocks in hard times, I’m getting tempted to try bonds and other vehicles. What should I look at now that has relative safety and still could meet or beat inflation over time, so I can at least preserve what I have? I get all kinds of e-mail about investment vehicles that I’ve never heard of, are any of them worth consideration? Is there a source where I can get objective evaluation of potential of a vehicle I’m not familiar with?
Thanks very much.
Martin-
I appreciate your updates. I do feel helpless. We have $16,000. in credit cards we are paying off, expenses regarding our health, and expenses for household repairs, (new roof etc). We have a 401 K index fund with the govt., which has lost money, and a very small savings account. What can we do? Pay off the credit cards and try to save as much as possible? i FEEL OVERWHELMED! HELP!!
I have a rental that is paid off. Is it wise to get some cash out of it now and invest in stocks at their lowest? or in any other investment?
Many thanks, Martin, for all the accurate forecasting by you and your staff. I just wondered about the status of RYJUX. Also, is SRS too volatile, since I see that it is not on the Safe Money Report anymore?
S.
Hello Martin,
Since stocks are already on the red and bonds are going to be soon. What we can do? go with bearish FTE’s? I’m unemployed and lost a lot of money in my IRA acc. What can I do to make up the losses there and have an income for the time being? any thoughts? Please in a recipe format. :) Thanks!!
Hello Martin,
I have been retired for 12 + years. I’m almost to weak to do anything over what is
happened in one year . What can be done at this stage of the game! Thank You
I am looking for some good ideas and ways to invest my money in this tough declining bear market we’re in that’s going to get worse for a while before it gets better. I don’t want to get hurt any worse as much as possible. Your ideas are welcome, needed and appreciated. Thanks!!
Don Copher
Martin,
First of all, I appreciate the information you and your staff have shared with us at no cost! I have the same questions that Beverly, Jerry and Al asked yesterday and today. Since there will so many of us who will very soon be finding ourselves in the same situation as Al. I managed to stop the bleeding of my 401K by pulling out of the market before I lost any more of my savings since I am unsure of employment in 2009. I am 59 and currently placed 75% of my 401K in PIMCO funds and 25% in TRP Bond Index Trust since I already lost 1/3 of my savings by following the advice of the 401K firm.
Theoretically…IF… the Big 3 automakers would fail, all U.S. auto suppliers would also fail and Toyota and Honda of America would have to pull out of the country due to the lack of suppliers, WHAT will the newly unemployed Americans do…especially those of us who are so close to retirement age? The way the government is handing out money they don’t even have, will there even be any assistance for the additional unemployed? What can we do with whatever is left of our 401K plans to create income for retirement?
Thank you for offering help to the struggling wage-earners of America.
thank you for all that you and your fine staff have done for the last 30 years.
we presently hold wfc and jpm preferred shares. your opinion would be so greatly appreciated.
sincererly,
ely drysten
edrysten1@cfl.rr.com
In the foreseeable future, how would the US $ fare relative to the currencies of the other developed countries and emerging markets?
any thoughts on when to sell precious metals or the buying og mining stocks et al.
Will you be making recommendations on investments that are the SAFEST??
As a senior citizen who has always saved and still has moderate wealth, I just want to play it as safe as possible until this declining market (hopefully) stops dropping almost daily.
Hi, My wife and I are invested in some annunties ( Income for life format)that are tied to the S&P we got in at the 1,100 level. We have not lost any of our principal, but with market the way it is we are only now earning interest on them.We are trying to decide if we should get out of them an eat the surrender charges betting that when the market changes we can recoupe the charges instead of waiting till the S&P goes back to 1,100 to start earning again. We would appreciate your advice.
Thank You
Please let me know the relestate oppertunities in this market and or what to do with existing realestate, commercial and investment rentals?
Sincerely.
Keith Krueger
My 403B has lost over 50 % of my paid in amount/ Dollars. what should i do. should i cash out now? and eat my losses. or is it best to stay the coarse in anticipation of a markey recovery. im very concerned. i had plan to retire at age 65. but my investments are all devalued givin current market condition i dont seea recovery in the next two years.. hence retiement at ge 65 is not a posibility… maybe when i am 9o perhaps?
Most of your information is understandably American biased. Are you able to advise on the state of play in England? What is the likelihood of the British Government eventually defaulting and who would be in a position to come to the rescue? USA and Europe have their own problems. Is the Weiss Research Million-Dollar Contrarion Portfolio one that would correspond at all to potential similar investments in the UK and therefore worth subscribing to or will everything relate to specific USA Investment vehicles which are not always comprehendable to those this side of the pond as we do not have the same instruments. Are you able to make recommendations specifically for British investors?
With many thanks for very interesting free articles.
Dr. Weiss,
I have an adjusatable interest rate only mortgage tied to the 6 month LIBOR. It resets April 15th and goes into effect July 1. Do I get out of it because interest reates are going to skyrocket because of gov’t deficits? Will both the long end and short end of the curve go up. Would it be better to tie it to the prime rate because that will stay low given the poor economy. I appreciate your time and consideration – I am truly scared about what is to unfold in this country.
Much obliged,
Brad
Hi Martin, I’m from Western Australia – you probably can’t respond to someone in my part of the world but would have liked a session in my time zone – cross over between you and me would be between 9am – 11am your US time zone (late night my time but cope – able)
Thank you very much for making your FREE newsletters available to us Down Under – as a former Australian Prime Minister , Paul Keating is quoted as saying about these situations “its downhill, one ski, no poles” . – Regards, from Don Hunter
Dr. Martin Weiss PhD. 3-8-09
Many of your subcribers are unable to listen to your radio show because of work and other
issues. Would it be possible to rebroadcast the program at an evening time on the
west coast, or give a written blog of your investment strategy for conservative or speculator
with additional investment ideas than your monthly Safe Money Report that are discussed
on the program for this bear market.
I have read your scary book and have two questions:
1. YOUR ASSOCIATE LARRY EIDELSON IS PREDICTING THE DOW AT 10,000 WHILE YOU ARE PREDICTING 5,500 OR LOWER AND CLOSS IS WAITING. WHO IS CORRECT, OR ARE YOUR FOLKS PREDICTING 10,000 IN THE NEAR FUTURE, FOLLOWED BY YOUR 5,500 OR LOWER, LATER.
2. IN CHAPTER 7, YOUR FORMULA FOR INVERSE DOUBLE ETF’s LEAVES YOU EXPOSED TO A BIG LOSS IN THE “SAVIOR ETF” IF LARRY IS CORRECT AND YOU ARE NOT. WOULDN’T IT BE PRUDENT TO INCLUDE A STOP ON THE ETF? OR DID I MISS IT?
CHRIS