All you have to do is turn on the television. news:
1. Oil is at a record high almost every day
2. US Dollar is at a record low
3. Dow Jones loses a whopping 3% in one day and continues to slide
4. Stocks are down worldwide
5. Commodity prices are soaring
6. Global inflation heating up
7. Food crisis escalates
8. Etc. etc. etc.
The movers and shakers are pulling sucker punches. Last week when Saudi Arabia announced that it would increase oil production by a meager 2 million barrels a day, I immediately told my wife: "Watch! This is a set-up! This is supposed to tell people supply will increase and soften prices but tomorrow you'll see prices go up some more. All they have to do is bid the price up with their own cash and the y'll get it right back when the rest of the world will then pay more for the increased production and the Saudis make their political brownie points and can then shrug their shoulders saying 'Oh well, we tried!' and they continue to make more and more. It was so easy to see it coming!
And this is exactly what happened.
Conventional wisdom is taking some very hard stomach punches right now as stocks, mutual funds, banks, investment houses, pension funds and the like are all taking some very hard hits and it's likely to get worse before it gets better. I just took a look at a mutual funds report on Bloomberg and almost all of them are negative. Those that are positive (for now) are showing meager returns. Some large companies are looking for merger partners to keep afloat and when the takeover does occur the pension funds are raided and used to keep the balance sheet solvent. So much for a lifetime of work and contributions! Thanks buddy! We can't even get you a gold watch but will a Casio sport watch do?
Gasoline in France is now $10 a gallon. You are likely shelling out nearly $100 to fill up your SUV and that's once or twice a week? Do you own a motor-home RV? Ooops!
How will all this affect your financial holdings? Your job or future job security? It's a little late to be thinking about this now. I've been talking about this for some time now but better late than never.
As a matter of comparison, here's what I've doing about it: By joining with a large group that uses its members financial strength and numbers, I've been able to hedge my moves. It has helped and I probably wouldn't have been able to converse with some of the larger firms had I just been one lonely investor.
Oil prices got you down? Only if you're on the wrong end of the stick! With my association, I'm able to trade contracts for difference (CFD) on oil through our universal trading platform and the way to easy money is to wait for a dip and 'buy, buy, buy!' The profits I make here not only pay for their gasoline, but potentially a whole lot more!
Watching your dollar holdings shrink on a daily basis as the USD is continually devalued with trillions and trillions being flooded into the markets by a government foreign aid program and global military complex gone mad? My current association has accounts with holdings in Euros, Sterling or Swiss Francs. We've seen CHF (Swiss Franc) accounts doing absolutely nothing, just sitting in a non interest bearing bank account almost double in USD value over the last year or so. How's that for 'high yields' with 'zero risk'?
Add to that associating with professional currency traders who consistently generate double digit profits on a monthly basis and not only am I keeping up with the global collapse, but I'm staying well ahead of it and profiting in a world of panic!
My association with non-U.S. representatives of the Perth Mint in Australia allow for private ownership of gold and silver in almost any quantity. I have been sitting on quantities of gold and silver over the last couple of years. Do you think I'm happy?
And in the end, when world governments are out hunting for assets to feed their bloated and growing bureaucracies, those 'in the know' are well positioned with diversified international holdings, on solid legal standing, well below the radar.
Where would you rather be? It might be time to 'sink or swim'!
M.C. Kopfer is former radio program director and talent scout. A graduate of Kent State University and a retired State Law Enforcement Agent. He is currently a member representative for the VR Group and an active contributor to Privacy Club International For more information please go to [http://kopfer.vrgroup.info] or contact him via email a fingerkop2001@yahoo.com