Obama stimulus plan:
Global Investors
Recoiling in Disgust!
Stocks plunging worldwide!
Gold, inverse ETFs, and other crisis hedges soaring!
Long, deep bear market dialed in for 2009 and 2010!
Emergency online briefing — THE 11 LAWS OF BEAR MARKET SUCCESS — to help you keep your wealth growing even in the worst of times.
Click This Link to attend free of charge!
Dear Investor,
When you hit your thumb with a hammer, it hurts like heck. But the solution is definitely NOT to hit it still HARDER or with a much BIGGER hammer.
Yet, when President Obama adds his autograph to Congress’ latest $787 billion spending spree this week, that’s essentially what he’ll be doing — assuring a deeper decline in the economy, a longer bear market and MORE pain for most investors!
Never forget:
Back in the 1930s, FDR threw trillions of dollars (adjusted for inflation) at a similar crisis …
But in the Great Depression, 15 million people still lost their jobs – and the crisis only ended ten long years later when 12 million Americans got new jobs — fighting Adolph Hitler and Hideki Tojo.
In the 1990s, Japan’s leaders threw trillions at their real estate crisis, credit collapse and deep recession …
But the crisis crushed their stock market for nearly TWO DECADES, strangling their economy, and culminating in last quarter’s catastrophic 12.7% plunge in GDP.
Just in the last two years, the Bush administration threw trillions at the recession and at failing banks …
But today, despite that spending spree, 15 million Americans are now unemployed – and another 600,000 or more losing their paychecks every month!
And it looks like we’re going to have to pay an even steeper price for THIS year’s failed packages by the Obama administration.
NO WONDER global investors are recoiling in disgust!
The ultimate futility of Obama’s efforts — and the danger that they could backfire much like similar actions in the past — is reverberating all over the globe.
That’s the main reason investors are voting “no” on the stimulus … running for cover … dumping stocks like crazy … and stampeding into crisis hedges like U.S. Treasury securities and gold.
That’s why every major stock market in Asia has plunged since Friday; why all 11 major European stock markets have cratered in unison; and why gold is going through the roof.
Global investors are waking up to the truth we’ve been telling you all along: That throwing trillions more dollars at this crisis can only make matters worse … postpone the real solutions … deepen the depression … and potentially prolong the bear market for years to come.
That leaves you with only two choices:
CHOICE #1: You can abandon all hope of growing your wealth for years … a decade … even two decades or more, or …
CHOICE #2: You can learn how to USE this crisis to protect and grow your wealth despite stock market disasters and even BECAUSE of them!
For my part, I’ve decided NOT to wait … and I don’t want you to wait either.
I want to give you the confidence to keep your wealth growing NO MATTER WHAT!
That’s why I’ve just scheduled a very special — and completely free — online event to help you. It’s called …
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 on Thursday, February 26, 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 also click here or scroll down — 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
{ 129 comments… read them below or add one }
Dear Martin, I’m afraid that the government will confiscate my 401K/IRA. Is there anywhere I can put it where it will be safe? Somewhere offshore? Many thanks, Richard Walker
Just checking out your blog. Thanks!
I agree the government bailout will fail and it is a shame to throw good money after bad. Stop bailing out the massive financial institutions and large corporations that have made all the mistakes. Let them sink or swim on their own. There are many very rich executives that should be bailing out their own companies rather than getting paid off by the tax payers money. The government will need all of this bail out money to support all of the employees losing their jobs. Here in Canada we call that UnEmployment Insurance and that may have to carry many people for a long time.
How do I finally pull the trigger on stocks and get into something that will make me money in this market.
looking forward to Your presentacion !!
Hi Martin,
Thanks for all your help and insight over the past several months of this economic collapse. The one thing you might be able to do to help us is tell us where to look for jobs or what kind of areas to go into if you are now unemployed or underemployed. Oregon, where I live has over 9% (official) unemployment and the number is growing steadily. Any help on what kind of job I can create for myself and my family would be greatly appreciated.
I truly wish I could go to your briefings, but you have them at a time when I am working and cannot be here. Will you be having another briefing at another time?
Dr. Weiss,
While just listening to what you have to say, and knowing that your knowledge and integrity are for real, I am happy to be made aware of your briefing.
The one question I have is: Is Bankrate.com still a reliable source for getting a feel for a bank’s safety and financial health? If not, what is?
Commodities and currencies are two areas that currently interest me, but I am definitely flexible enough to look at other things.
Rick Bieniak
talk about retirees that have more than half a million to park. talk about the five safest places to be in that should be safe havens that should see gains year over year in this insane market!
Hi Martin. Please explain how to manage the reverse ETFs during this period of time – whether to buy and hold them until we reach the bottom, or get in and get out regularly as the market roller coasters (take profits?). And if we should take profits regularly, how do we spot the best times to take them. Looking forward to the event!! Thank you.
I am taking over my 84 year old Dad’s portfolio and wanted to preserve his cash and still get some type of income. Any suggestions. I’m 60 and have 15% in gold and the remainder in cash… looking for for preservation of capital with growth potential without managing my portfolio minute by minute…
Just registered. I am in the UK, so it would be good if you could please bear in mind that you have international followers/readers.
we need to get people in government with common sense, not big spenders.
Dear Martin,
I read your last article “Obama stimulus:Truth…” and I am also listening to all this people concerns about a near term inflation.
You wrote the Japan stimulus was in proportion 37 seven times bigger than the Obama stimulus and yet from 1990 to 1995 Japan was zeroing in on inflation from almost 4% to almost -1%.
Don’t you think that the massive wealth destruction in America has far more deflationary effect on the CPI than the massive bailouts will have on inflation.
Or at least shouldn’t they neutralize each other effect on the CPI?
Thank you for your reply.
Best Regards from Caracas!
Max
Hi Dr. Weiss,
So far gold stocks are resisting the downward plunge and are rising. When the market really tanks will their be a sell off again as in the last big downturn in the Fall 2008. Bottom line: Is it time to exist gold stocks?
What do you think about palladium bullion,coins or stocks,mining,etf’s as an investment
Hello Martin,
I would really love to come along, however, I live in the UK and I sincerely appologise that I will not be able to attend.
I would however like to know the outcome of the meeting.
Mike.
Money Markets pay so little so I was wondering what other
information we could obtain to help our money grow ?
Thanks.
Jeffrey Young
Thanks to you and your staff, Martin, for caring enough about your readers to continue
feeding us your best opinions and recommendations. Such a business attitude is all to rare in this era characterized by self-absorption and greed. It’s nice to feel as though our circumstances and apprehensions matter to you.
Gratefully, Vaughn
talk about resosurce stocks such as bhp, rio, ccj, su
I’ve been holding leveraged bear ETFs like QID, EEV, SDS, DXD and others for some time and I’m getting beaten up with them as I bought them back in the Nov. Dec. time frame thinking things were bound to get even worse. Instead the market is up (from then) and I’m down.
There seems to be a total disconnect from the reality of things in the markets and they are still in a state of denial, in my opinion, about the awful facts and gravity of this current situatiion.
I’ve lost considerable money in these bear positions to date and the markets still seem unwilling to reflect the true depth of the problems.
Should I fold and take my lumps now or continue to hold these bear positions for the market to come to a TRUE “reality check” (instead of foolishly rising on each and every government bail-out anouncement it hears)?
Don
We are concerned about the neverending bailouts and the inflation that will result in printing more $s. The Chinese and Japanese will not buy US debt much longer given what is happening internally in their countries. We are wary that the US govt will use the example of what happened in Argentina (nationalizing the private retirement accounts) to pay off the debt because there will be no way to do this other than print money and cause hyperinflation and/or seize the trillions in private retirement funds and make them public and use them to retire the public debt as well as fund all their pet programs. I am still working (though could be retired from an age perspective) because I find what I do challenging and fun and want to do so as long as I can. Would it be better to start withdrawing money from those funds now? This would result in higher taxes, but that would seem better than perhaps getting nothing for all the years of saving.
Hi Martin,
As per your extremely valuable advice I have dumped all my equity holdings over the past six months (and am very glad that I did), with the exception of some recent ones I purchased (Gold & Oil) and they’re doing quite well, thanks M&M.
However, I still have $60,000 locked into 6 year guaranteed (at maturity) mutual funds, which I would also like to dump but am told by the fund managers that I cannot until the fund reaches it maturity date. Which for most of them is 4 years from now. Is there no way out of these investments, as I would like to move them elsewhere that offers the possibility of profit. Leaving them where they are now just means dead money for 4 more years until I hopefully can collect only the original capital that I put in, and that assumes that the funds don’t collapse during those 4 years.
Best Regards,
Denis.
Sounds interesting as to what you say
Although I live in Australia, I have been following your comments for number of months and you seem to have a good handle on the situation in the US. Australia seems to follow the US in many areas and I feel that we are going down the same track in matters of finance. I would be interested to know if you have any comments on the Australian market and our governments attempts to “fix it”.
Most of my money is in 401k’s – What moves do I need to make with this money?? Help!
I am new to investing and have very little money to do so. What would you suggest for someone in this situation?
My husband and I put a large amount of money into Swiss government bonds in anticipation that the dollar will devalue. Please let me know what you think about this and whether or not you think it is safe? We have gold and silver. My husband will not put money into the U.S. Treasury bonds because he thinks the government is bankrupt and believes it is too risky. Do you think the government can or will guarantee the treasury bonds later when/if the dollar devalues to nothing?
Hi
i am a telecoms analyst. Who will risk capital upgrading to next generation networks in the present financial crisis given the modest adoption of 3G and do you see more consolidation to come in the telco sector ?
I need confidence in what I am doing.
when the rest of the world realizes we cannot pay for the stimulus, the etf or option play when the dollar starts to fall is? going forward, the currency play is? martin, thank you for caring about the citizens.
I have a high percentage of profits in my inverse funds and metals. When to get out is a problem for me. I’m afraid when this turns around or a bear market rally occurs I will not get out before most or all of my profits are gone.
What Banks are safe investments regardless of price?
Will JPMorgan, as and example, exist in its present form and its preferred stock be safe??
Hi Martin – Thanks for the information and for keeping up on all the news. I appreciate you sharing your insights to us. Please be truthful and honest with your discussions; openness and frankness mean a lot. I will listen intently at your online briefing.
Just tell me what to do now.
And Thank You, Martin
Call me a cynic,skeptic or one who has just escaped from the looney bin but I believe that this meltdown has been somehow engineered – by whom I do not know.
Consider these two scenarios:-
The US Bureau of Statistics would have known from historical data that people,particularly those on the lower socioeconomic scale, were buying houses they had no hope of meeting repayments on yet said nothing to regulators of the finance industry.
Mortgage Backed Securities were sold to hundreds of major and smaller banks around the world yet it appears that NOT ONE OF THESE INSTITUTIONS BOTHERED TO INVESTIGATE THEM BEFORE PARTING WITH THEIR DEPOSITORS FUNDS.Were thay just told to buy them no questions asked?
Given the above I feel that I could be forgiven for thinking that this was an engineered conspiracy.
I have asked this question of you and other financial organisations e.g.Squawkbox on CNBC without a reply.
Could you address this at noon 2/26
Jim
What caused the more advanced investors to lose their money during the 1929-34 depression?
How safe are the gold ETF SPRD (Shares) and silver ETF (Trust) SLV?
How safe is a gold or silver certificate sold by the bank (Royal Bank of Canada) that is supposedly backed by bullion (i.e. so far I’m being told I can apparently go in and take possession of the bullion but I’m still investigating this because I’m getting nervous that a certificate might be subject to fraud especially if gold and silver become very valuable.)
How safe are U.S. Treasuries at this time? Do you still recommend short term treasuries for the short term?
No market moves continuously in a straight line. Even in this depression level bear market, there will be large ‘bull’ rallies. Will you be able to spot these large corrections to profit from these upward moves as well? In the near term, it seems we will make a new low that will be followed by a corrective rally that can be fairly significant and long (several months) before the bear trends resumes again.
Please list possible bear market positions to take that a Small investor can afford to buy…
Off topic…
Is anyone in Washington subscribed to ANY of your publications?
If not, perhaps you should send complimentary copies of Money and Markets to ALL of Congress and The White House..
They might not get read but IF they do get read, perhaps the Washington Bailout Bunch Might catch on to the Facts so brilliantly covered in your newsletters.
Let’s say I have 20 or 30 or 40 grand right now to invest ..
What would be a good strategy to use on those amounts ?
Thanks.
Jeffrey Young
Dear Martin: I would like to know how I can keep my main investments from not going down and continue to have growth. Also how can I keep from paying so much income tax each year? Thank-you.
Hello. I live in England. I have just started trading the Markets using Spread – Betting. Do you think Spread Betting will be allowed in The USA now Mr Obama is President ?
i have been reluctant to move the money in my IRAs. However, I realize that I have to try to protect the capital. What can– Should– I do?
I sold all but 3 stocks. and 3 mutual funds, before the crash. They were all good stocks and funds, but are down some 30-40 percent. Do I sell or hold? Thanks. Frank
Hello I am from England and have been reluctant to be involved in any market bets. But am learning fast and at the moment am investing in gold, which is doing well . What else can I do as I am scared to have all eggs in one basket.
Is there a good place to park my cash if I sell my depleted mutual funds? I don’t know anything about forex.
Can you target some info for those of us listening in the UK. I mean specifics.
Please give all of us a review of your contention that the dollar is a strong play in this market compared to other currencies. Review from the point of your recomendation to today 2/17/2009 and forecast forward. ETF’s by comparing the dollar against the Euro needs more explanation on how to make the play? You exposed the play to me which seems to make sense but not being wealthly I remain on the sideline checking your credibility and watching with the excuse of not understanding!!
I appreciate all of your wise counsel!
I’m 69 years old and I’m in conservative asset allocations that are losing like everything else, what can I do to protect what is left?. Also how can I increase my ss pension?
Martin: As many of your readers live on interest from their investments, 90 day treasury bills do not pay any interest. Is there any other investments you would recemmend which would pay a reasonable amount of interest other than treasury bills.
How safe are the brokerage firms if you are invested in gold, etfs, stocks and mutual funds. If they go under do your invested stocks and bonds and money markets also go down with them? Should we get out of brokerage houses with low reserves?
Martin: Over the last 2 years I have lost everything. How and where can I begin to build, as quickly as possible, with the least amount of investment, and would currency be the best or one of the best avenues to proceed with?
I am retired, living in part on stock “returns”. The value of the portfolio of stocks (Mutual Funds). instead of providing an income, much less growth in the past year, has now tanked 50% or more so I have been depleting the earning power exponentially with each withdrawal. I would like to be proactive, and find an attack.
So far I haven’t seen ANY way to gain control over the inevitable. We are all looking for a safe havens, BUT to get out of stocks now seems insane. i have to wonder where the hell is the bottom?!
WHAT TO DO?
Kent in PA
I am not as computer literate as you expect me to be. I cannot figure out what I am suppose to do to be error-free.
How safe are the brokerage firms we are in. If our money is invested in gold, stocks, and mututal funds are those investments safe if the firm goes into bankruptcy? Are our money markets in those investment companies safe?
Dear Dr. Weiss:
I sold my house in 2004, because this was not the house I bought to stay in 1999. So far,the prises on real estate in Potomac, Maryland have remained steady and in some cases gone up. I am tired of renting and would like to buy. What is your opinion?
Sincerely, Gerda
Martin,
One of the Bear market bonanzas that you often mention in your newsletters is the Inverse ETF.
The inverse ETF can provide profits in a protracted downside momentum market, but often there are upside momentum ralleys that can last some considerable time that could provide losses. How can an investor minimize the losses and maximize the profits? Is there a sure-fire hedging method that can produce overall positive results in such scenarios? Please, advise. Thanks,
Stan
I just bought 50 shares of TBT. Do you think that this is a good inverse investment? If you do not think so, what would you substitute in its place?
I have about $5,000 to invest right now.
Edward Kernish
help
1. Your commentary is pitched (understandably) towards your main audience in US. Here in Australia, we don’t have inverse ETFs, and access to many other “products” such as silver bullion, stocks you recommend, etc. How do I overcome this?
Its helpful to have your commentaries but difficult in applying them here.
2. Conditions in Australia aren’t good and are deteriorating. Its difficult to assess whether Aust will be sucked into this depression to the same extent US will, and the answer will affect strategies here maybe differently. Assuming we will be drawn into it then it would seem your advice will apply similarly.
Martin: Other than treasuries, where would you suggest I invest money (recently received through the sale of a condo) that would be safe and earn some interest or, at least, have some growth potential. I am a senior and would like to have my money work for me, if at all possible. What is your position on CD’s? Are the low rates of 2-3% worth tying up your money for 3-4 years? How much money should be allocated to treasuries, cd’s, bonds, cash etc. Thank you so much for the valuable service you are performing for all of us by sharing your financial knowledge and wisdom. It is very much appreciated.
Hi I have some money in mmf in a variable annuity that Ive had for ten years Of course its dropped catastrophically but should I put it all in cash now and wait a few years
I am never able to download your video presentations on my computer. Is there any way you can provide a text of the video? I’m sure I am not the only one who has this problem. Thank you.
Lawrence Mertens
I’m not able to open either link (test link or click here link for troubleshooting FAQs) in the Technical Requirements paragraph. Same problem has happened in the past.
I use Internet Explorer & also have Mozilla Firefox installed.
I have been watching a gold stock steadily grow, and as of today it has doubled in value. Is it a good idea to buy stock in a gold company right now (it does not pay a dividend), or would it be better to invest in gold through a collector or dealer? What about commission fees when you buy gold from a dealer?
Thank you!
We tried investing with Weiss ETFs but lost. Now, we don’t feel that we can gamble any
more $$. How about advice for some of us people who have little left to risk, how just
to maintain. We have lost our nerve to invest. Thanks for your help.
Mr. Weiss,
I would be very interested in your perspective on how long can those in charge of the world system keep the charade going. As we seem bent on devaluing the US Dollar, and as we can afford to purchase less and less from our major trading partners such as China, surely at some point they will discontinue printing currency and using it to purchase long-term US Treasuries, whereby they keep their products competitively priced, and our long-term interest rates from rising, and encourage us to continue to borrow and spend on their products. Surely at some point they will significantly reduce the amount of valuable merchandise they export to the US for increasingly worthless Dollars? Or because they hold so much of our debt and Dollar Reserves might their losses be even greater if they ever allow such an adjustment? Do you have any thoughts as to when that adjustment might happen and what might be the most likely events that would trigger it? THANKS FOR ALL of Your Analysis!
Hi Martin. The God of Economics and Stock forcasting.
I’m a BIG fan of yours. Would it be possible to shorten your on line conferences? I don’t have that kind of time. If you could keep them to 20 mins. maybe more people could listen.
Andy
I have about $92K in a 401K parked in a MM mutual fund. I pulled out of all equity mutual funds last Fall before losing much. I’m 62 and still working and am retired military and civil service. I put the max in the 401K that my employer will match and will continue to do that. What are your thoughts on pulling these funds and putting them where they’ll earn more than I’m getting now. None of the available investments in my 401K are doing well at all.
Do you think the socialists on Capitol Hill will try to confiscate/nationalize private 401ks?
SO————– THE QUESTION IS———–HOW HIGH WILL SILVER GO———-
—–BEFORE THE LONGS WILL HAVE TO TAKE THERE PROFITS ?———————-
——AND HOW LONG IN THE FUTURE—(WEEKS, ETC)—WILL THAT BE——
THANKS PJ
my portfoillio consists of :
haliburton , adance cell techinclogy ,forrest industries ,mcdermott,gld -gold,,silver std res inc, united states oil fund lp,western gas,
my question , i kept some of thee stocks , (oil) related, metals, utilities, because :
i thought they would recover when oil prices returned to demand & prices .
I had made some money in these stocks/ sectors ; but i sold shares , i guess i should have sold all , except the metals ??
i lost about 30 % of my investments ,
should i keep some of the negative stocks , since i have already lost the 30% ; go to the metals , maybe technology ( Medical.
thanks for onviting me .
You are indefatigable.
You REALLY spare no effort to keep your readers continuously updated on the economic and financial situation. You deserve thanks for that.
You also sometimes recommend investment instruments to buy.
But you practically NEVER indicate it when you reckon the time has come to SELL.
And it is precisely THAT shortcoming which deters people from getting into your buy recommendations in the first place.
They KNOW you won’t tip them off as to when to get out. Or WHAT to buy instead, when one DOES get out.
I suffered a horrific experience with one of your double inverse stock recommendations. Never again.
In short, I think that, as a matter of general policy, you should ALWAYS make it clear, in respect of each recommendation, as to whether the recommendation is for TRADERS or for INVESTORS.
And, for both TRADERS and INVESTORS, as to what eventual target price one should be aiming for.
Thank you.
Mike
How would you reallocate my pension fund, which is now in a 60/40 balanced fund (60% stocks and 40% bonds)?
How would you change my ROTH IRA, which is now invested in a Smith Barney TRAK series, which rebalances every quarter?
What is the chance and the timing for a dramatically lower US $, perhaps forcing the Treasury to establish a ‘new’ US dollar, exchanging 10 or 100 ‘old’ dollars for 1 ‘new’, like many other countries have done over the last 50 – 80 years?
How can I protect my bank CDs, Money Market cash, T-bills from loosing value in such a scenario?
I secured my 401k over a year ago and pulled out of the market and rolled it over to an IRA and put the whole thing into eagle gold coin. Thank God I did! I believe we are in uncharted waters now with the economy and I expect Gold to take off from here…
There was an article I read on “Gold dissortion” which happens every so often, its about “Prospect Generating”. Do you know much about investing in Land that is rich in Gold (not yet mined)? Can you tell me more about this investment, do you have any recommendations…
Thank you,
Chris in Taxachusetts!
Is now a good time to get into the Bond market… I am presently setting in a money market trying to salvage what is left. What about Gold, buy mining stock or have physical gold in hand.
Thank You
I have some investments from the Asian newsletter that are not doing well. I heard to get out, then I hear the Asian market is coming back—which is it and if so how long will it take. If I sell these investment, I will loose in the tens of thousands of dollars. If I sell then what?
Money Markets – using currency exchange rates – who do we talk to and who can we find advise and help from?
We live in Brisbane, Australia which is GMT +10 so will have to work out what your Easten Time is with us – somewhere between 15 and 18 hours I think?
We have ben watching exchange rates and they seem as unpredictable as everything else. We have been advised that the US dollar will be the best long term bet BUT if the US treasury is set to ‘print money’ then probably a poor investment?
Cheers,
Stephen
Dear Martin
Due to some overspending in the past we refinanced our house when we had only a couple of years to pay it off. So as I approach my 60’s, my wife already there, we have only 50,000 in IRAs saved up and still a large mortgage. I would love to make some REAL money during this down turn but our IRAs are the only asset we have. I am wondering if it is worth risking investing our full 50,000 in inverse ETF’s given the direction the economy is headed. I am open to any other suggestions you may have as to how we can create some REAL WEALTH in this downturn. THanks so much for all you do and offer.
peace and blessings
Glenn
Martin,
Thanks for your great advice, could you talk about the good and bad things to come
in the next five years.
Thanks for the invitation.I hope to learn from you more than our politicians preach us.
Good evening,
It would be helpful to provide some investing advice for young people. For example what should my grandchildren do now with their funds. Both going forward and those funds that are in custodial accounts.
Thanks…..
I really enjoy your seminars. I am like so many others-I am holding real estate, renters are scarce now and property is very hard to sell-so, retirement is not an option for another few years. I trade stocks in my retirement account-IRA and Roth and make my own investment decisions-good and bad, but you provide a special service through your e-mail and seminars that gives me insight and new ideas for trading. Thank you for the expertise you have and are willing to share with others.
I am particularly interested in treasuries-TLT?
Sandy
How we can make money whether the stock market is going up or going down–pre-determined to do so???
All of our money is in IRA’s–including about 15% in Roth’s. Do you think Obama is going to confiscate them?
Will he confiscate/outlaw gold?
By using some reverse ETFs we have been protecting our investments and made money recently (which is essentially gaining back some of what was lost). How will we know when to stop this and hop on anti-inflationary measures?
What is with FXY losing ground? I am assuming it is going to return to losing agaionst the dollar. Is that a fair assumption?
We bank with a Colorado branch of Bank of the West. Is this a solvent bank or ready to go down the drain? Really need to know since some of my parents’ POD accounts empty into an account with them and would hate to lose everything if the timing were really rotten.
Looking forward to hearing your answers–both general and specific.
Dear Martin,
We’ve lost our homes, investments, my husband’s business is in the dumps, retirement savings, etc and we’re in our 50’s. The only thing we have left is my CA state teacher’s retirement which won’t be worth a hill of beans for another 10 years. I have a little cash to re-invest and our goal is to build as much wealth as we can for the next 10 years and eventually retire to Mexico. I need to know what to do with the cash I have left to protect and grow it. Thanks.
I had an almost 800K portfolio , now down to 430k and 71 years old . Is it worth it to pay off a 72k mortgage which is at 5%. Luckily I have a Bell System pension as well as SS but not much more . Your comments are appreciated. Thanks
Dear Mr. Weiss,
I have even looked at possibility of commodities – but what is the cost to open this type of account and do you recommend it? I have heard many make ‘tons of money’ doing this…, what do you think?
Thank you,
LWest
Hello Martin,
Thank you for all you are doing to help Americans work through this difficult time we are going through and the even tougher future we may be facing. I appreciate your insite and advice and all of the input your employees have contributed on your site. It has been helpful to me.. I am, however, in the position where I am, (thankfully) employed; so although I am pledging to attend, I have to view a subsequent broadcast because I will actually be working during your broadcast.. Please understand that I love and appreciate your commentary but, being employed, which is becoming more of a rarity these days than the norm, prohibits my scheduled attendance. Thanks so very much for your contribution to income and wealth preservation counsel that all Americans, having the capacity and interest to enjoy, can benefit from.
This is pretty depressing stuff. Do you see a recovery at the end of this year as many of the “experts” have predicted or are we in for a much longer crisis situation?
2-17-09
Would you please address : The role of insurance companies-Anuities and the possibilities of them loosing their investments and the effect that would have on those invested with them–Who bails them out and how–Also how do you get a current update on the investments insurance companies have ? I’m invested in Trans America ratings look ok
till you look at the date they were rated-2007 ?? i’m nervous -life time savings are in
annuity with them. So what about insurance companies ? Thanks Bob
Is parking thousands of dollars, in 100 dollar bills, in a safe deposit box at the bank a good idea? The money could remain there safe and sound for 3 or 4 years until inflation begins to set in, and then taken out and invested.
TIPs versus T-bills.
Dangers of ETNs. Are there any safe ETNs?
Gold safe haven investments – many choices with plethora of plusses and minuses.
Are nationalized banks safe? How to tell which?
Beside indiv. stocks and Mut. Funds, I also hold Vctxx, Vficx, Vfiix and CD’s.
What do you think of the Vanguard holdings: CA Tax Exempt MM, Interm. Investment Grade, and GNM’s at this time?
Thanks. S.Neu
1. Should I cash out of FDIC insured CDs prior to maturity and take the interest penalty now? My holdings are below $100,000 per financial institution. Maturity dates are scattered throughout 2009.
2. How safe are Credit Unions that are rated 5 star by Bauer Financial Rating services? Question applies to both CDs and MMs.
I’am totally debt free ( home,cars,land, no credit card debt etc.) I have gold and silver and am holding cash. I have retired with extra income to spend. I know cash can be a problem with inflation around the corner. What would you recommend to do with the cash. I saw this mess coming and saved my principle but many of my friends weren’t so lucky. I don’t want to make a mistake now that I cannot recover from. Ted
If the market takes another dive will it drag gold stocks with it, despite the price of gold increasing?
Thanks Dave
Hallo , thanks for all your advices ,
in the pursue of an income for living , what kind of “regular” income can You suggest us ?
good/safe hight dividend stocks ? internationa bonds ? thanks a lot
I would really like to hear which indicators you find most useful in determining where the markets and individual investment are in their price cycles during a big bear market.
Dear Martin,
It will be more interesting to know more about ETF/Currency Trading while living down here in Australia, you were saying to get this CD from a US bank Acct.(FDIC Insured) or to have a US bank acct., can you enlighten me further to be in your bandwagon as a first time investor of this kind by showing me how am I going to do this from here.
Thanks,
Gary
Martin:
I’m 57 years old, have a very small 401 k, just started this year, have been behind the eight ball from a savings perspective my whole life but realize I’m in a good position to make the right move in these upcoming terrible times; in other words, I haven’t lost hundreds of thousands in what I thought was a retirement I was going to live on the rest of my life. If I did have my retirement torn up by the incompetence of our government, I’d even be more infuriated than I am now. Where do I start and what can I do to capitalize on this upcoming crash that is much worse than we’ve already seen?
Thanks and I look forward to your session.
Martin, Greetings from Ireland.
Could you explain why the “Safe Money Report” recommends so little gold holdings at 2.5%. The world and its uncle are recommending stocking up on gold to 25% of portfolio and higher. I have resisted the temptation to go beyond 10% because I respect your in-depth knowledge of the last Great Depression. I’m sure many of your subscribers feel the same about gold, particularly when we don’t know the reason WHY
it should be limited to 2.5%. It would be very helpful if you could briefly explain the dynamics of gold investing in depressionary and inflationary times.
Like all of us, i want to express my appreciation for your insightful, informed and intelligent analysis and your fatherly advice (although I’m older than you).
Its a great help in these terrible times for us to feel we have a mentor like yourself.
Dia leat (Irish for “God be with you”)
Diarmuid (Dermot)
How can i receive dividends of 8-10% without losing from my original investment. I thing if you select stocks that are considered safe that have options to write calls on, what do you think about doing something like this
My daughter has a trust fund that lost about 30-40% of it’s value in 2008.
My family, the trustees, have a wait and see attitude and will not budge.
This is driving me crazy. The money is for college.
I want to close this account and begin to trade currencies with the help of Mr. Crooks.
HELP!!!
Had most of my retirement money in the stock market, Retired 3 years. Kept most of the money in or would sell at huge losses. What is a good long range plan? I am 60. Need safety.
If you could provide some comment on the Canadian enviroment it would really be appreciated . I know everything looks really bleak right now but it seems that things are not as bad in this part of the world . Your view would be helpful.
Thank you.
Hi Martin
Just to say thank you for your e-mails and I’m sure you’re right!
My biggest concern is what and when to buy. I have in my portfolio, Southern Company, GE, BB&T and GLD. I purchased SO (1000 shares) about 5 years ago and have reinvested all my dividends and until recently the stock has done well. About two years ago I purchase GLD( 270 shares) and recently it has turned the corner and hopefully on its way to higher levels. I purchased GE (500 shares) about 3 months ago and BB&T (200) shares two months ago. The GE and BB&T basically were dividends stocks, but GE stock is doing terrible and BB&T is not doing much better. My cash reserve is very good, but I am worried that things are going to get much worst before they get better. I would like to know about commodities such as oil, copper, steel and wheat. I thoroughly enjoy you news letters and briefings. Thanks
Hello Martin,
I would say you are doing a great service for those who follows you for years.
Thank you very much.
Are companies which are in the natural-resources businesses (oil, metals, drilling, mining, etc) good stocks to own now? I have to believe that many of them are good long-term investments, but for how many years before the demand for such resources increases again substantially?
What’s the time frame for interest rates on CD’s and treasuries rising. I wonder if the market can override the fed’s attempts to keep interest rates artificially low?
I am based in the UK and hold a lot of my wealth in gold/silver (Perth Mint Certificate Program) – would appreciate your views on whether this method of holding gold/silver has significant advantages/disadvantages in the present volatile climate. Also, do you think the pound is likely to remain low/go lower against both the dollar and the euro over the next 6 to 12 months?
Explain why some ETF’s (like SCC) deducted an amount from your brokerage account
(unrealized untaxable funds) and replaced this amount 7 days later with short-term funds
which are reported on your 1099 as dividends taxable as ordinary income (-1 +1=0). Why
are $0 of income taxable as the amount of the dividend but with no deduction for the amount
removed from you account?
I dream of relocating (doing law at Harvard), and with that in mind worked 3 jobs, bought real estate and a spread of shares (when prices were sane). I can now hope to follow my dream, and my interest is focused on protecting the funds while I follow my dream.
Do you think Obama’s proposed changes to Bankruptcy Laws will have any impact on the economy?
Specifically, will the 2 pronged initiative aimed at:
(1) helping refinancing (“Homeowner Stability Initiative”); and
(2) providing inducements to make it viable for mortgage providers to lower their chargeable rates;
reduce the run of foreclosures on mortgages and help to turn the recession-bound economy around?
Do property values drop right across the realty board in a Bear market or is the drop selective?
Is it financially sound to sell blue ribbon property (which is fully paid off), invest the money (on what?), and buy in CA (or ??), now or in a few years time?
Currency Trading while based in Canada. How do I begin w/ this? Thanks.
Thomas Moore
Are money market funds that are 90% invested in short term treasuries covered
100% by the FDIC? Or is there a $250.000 limit to that coverage per account??
As a fiduciary I need to protect my client’s assets and I need to diversify those assets. After reducing their stock portfolios to cash in treasury only MMF, I’m now hesitant to invest. And I’m hesitant to invest in a portfolio that is not diversified. Some of the broker’s are urging me to invest, however, their investment strategy all sounds the same and it doesn’t sound as though they’re considering the bear market. I can’t take risks with funds that are not mine, but my client’s. So, I must be conservative and prudent, while still earning income and yet not lose value.
I just need to know how to invest in gold, silver, and inverse ETFs, how ETFs work, and which ones seem to be good picks right now, how long or short term they are, and when to get into them and out at the right time(s).
Dear sir:
Any idea of the future value of gold.
thanks.
If all over the world, governments are printing money to fund infrastructure development will this not before long, bring about a huge demand for commodities ?
Another point, if all economies are printing more and more money to put into circulation does it not follow that world-wide hyperinflation is certain to follow ? Does that not signal an opportunity to hedge against such hyper-inflation by being invested in commodities – particularly gold, oil, natural gas, metals for construction (cement, steel and aluminium) and food. What’s your view. Larry Edelson seems to be thinking along these lines. You seem to disagree. An open debate between you two could be most instructive.
what is best inverse ETF for you pick? Which one is your best pick up??
So If start Feb 23 pick all kindk these inverse ETF hold 2-4 weeks is safe, could up to average 30%
DTO, ERY, DUG, FAZ, AKF
Hello Mr. Weiss,
My retirement checks are directly deposited into my checking account at my local bank. Even if my bank is rated good and it fails, would the normal electronic transactions such as this be affected? I realize that withdrawals would be affected, but would direct deposit or automatic electronic deductions for expenses be affected?
I understand it’s difficult to answer all questions but could you possibly address this issue in your upcoming conference? Thank you!
Dear Martin,
Can you give your opinion on what is the safest way to invest in gold. There are some internet sites that are convenient, would seem to look trustworthy and give a choice of different countries to store the gold. Do you recommend this as a way to hold gold?
Living in Canada, it is hard for me to judge how serious the banking situation is here as we are often told our banking system is safe. Do you know of any way to assess the truth of this?
Many thanks,
Norah
I am just an average American who happens to have no debts(not even mortgage) and I have a surplus of income every month. I don’t know what to do with it. I’m scard to save it in banks because of the decline of the dollar to the interest rate, in gold where it will be confiscated, in real estate where prices are plunging. Please tell me if there is anything that is best.
Thanks,
Terri
i would like for you to tell me what is a person to do in a situation when they sell a mutual fund ,for instance and your only choice is a government mm for parking your money until this turmoil has subsided. do you think this is a good choice?
I’m 80 years old and never got into investing but my late husband and i were good savers. I was comfortable with the savings i have but now i’m concerned with keeping our hard earned savings,i don’t want to see it dwindle away in this shaky economy, hoping to have money to leave for my grandson. what would you suggest for someone new to investing like me.
Martin:
Back in mid-February of this year you recommend I buy 50 shares of DOG; 50 shares of SEF; 50 shares of PSQ; 50 shares of EUM and 100 shares of UUP. Did I miss your followup recommendations for these investments? What do you recommend now for these if we are still holding?