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October 12, 2008

Uncharted Waters

Hello Traders-

I hope everyone was able to relax, get refreshed, and do some homework on personal finances as they apply to our current world-wide financial system collapse...This puppy is just getting started, and I personally do not like the sound of that. Global bank nationalization, a return to currencies backed by gold, and the continual printing of money by the Federal Reserve/Central Bank systems have my antennas on alert. I am in no way a tin-foil monetary conspiracy-conspirator (many have come out of the wood work lately to take credit for their doom/gloom predictions), but I do take this situation with the utmost of seriousness. Therefore, even if things do somehow unravel less than expected, and the world finds a safe and feasible way to maneuver out of this situation, I still have planned access to 5 years worth of funds needed to live. Everything else is available for market trading and other expenses. No matter the end game, it is always safe to have a plan. The same goes for trading.

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