Marc reads personal holdings on air! Dream Portfolio to be read Monday! October 24, 2009

Marc's Notes:
Swiss Insurer BFI has notified us that the minimum for opening an annuity has been increased from $20,000 to 50,000 USD. Ouch, quite an increase. It seems with all the pressure US authorities are putting on foreign countries to divulge their banking and investing clients is working. I am one for policing banks and brokerages as they have shown they, for the most part, can’t be trusted. But to throw their net over you and I as well just goes to show they will do anything to insure their paper money game continues and those of us who want out of the game must continue to find new ways to protect ourselves. Reporting existing Swiss Annuities is also being pressure by them to force us to report them under severe penalties and you can comply by using IRS form TDF 90-22.1. Check with your tax advisor for details. Only one insurance company in Switzerland now sells these, down from a handful a few short years ago, and I suspect that company will stop altogether in short order due to the hassle from the US authorities. The annuities some of you bought and denominated in Swiss Francs some time ago are making great gains as I told you they would and because of the US dollar weakness, those of us who own these are doing quite well in diversifying and hedging the US dollar erosion. Nice going to those who acted! There is still time to open one, and even though you have to report them, they still grow tax deferred until you take the funds back out, but you have to be careful there to as if you withdraw funds before a certain age, you could be subject to penalties much like an early withdraw of an IRA. If you need information on these vehicles, go to the Swiss Annuity section and apply for a free book by US mail.

The markets dropped below 10,000 again just when most advisors thought we had cleared that hurdle once and for all. If it continues down or cannot hold over 10,000 fairly soon, technically it will be a negative sign. I raised my alert level to ORANGE
2 weeks ago and will hold that for now. Gold, silver and energy is still oscillating with the exception of Natural Gas which we warned could correct and it has started to do so after a strong run. You should have been stopped out of half you Natural Gas position by now (those that bought lower that is) and you can start nibbling again at the funds  GAZ and UNG. Hold back some funds however as more downside may be in store.

Oil is around 80 bucks a barrel and it is too high here for me to buy anything except our energy dividend payers on our Super Dividends Payers List.
(See menu).

The US dollar continues its fall and I still suspect a small rally soon, but I just put funds into a EVERBANK product which holds 4 foreign currencies, is FDIC insured, has NO downside risk (you cant lose a dime) yet you get 100 % of all the foreign currency gains it holds!
WOW! A great product in my opinion and I am adding this to my families portfolio while it still exists.

Upcoming Show:
Listen in to MONEY MATTERS this Monday, October 26 at 10:00 am PST. It is another membership show for 2 full hours. I will describe this CD in detail, and also REREAD my personal portfolio holdings in my IRA, including symbols again (somebody said I did not read the stock symbols but I did!) but I will read them again. I will also go over the DREAM PORTFOLIO in detail and in full!
No transcripts or CDs will be available for this show so you must listen live. You may also use my EZ pledge text service by texting me your phone number and I will call you back to take your pledge. My cell number is (deleted)  This is for PLEDGES only though. No questions or personal calls please. We had over $12,000.00 in pledges on Thursdays show and would love it if we could see an equal amount or close to it on Monday. If you did not pledge Thursday, and this show or newsletter has helped you, please consider supporting us. With over 700 newsletters members, if each one of you pledge 30 bucks, we would raise $21,000.00 !  Wow. All for 30 bucks from each of us!  C’mon ladies! C’mon dudes!  Let’s support the greatest station on earth!

For our thank you gifts, you can schedule consults with me, get full access to this site, get one ounce gold coins or 50 (fifty) ounces of silver, or get a full year of shows mailed to you!  Great for those that miss the show!

Tune in and finalize our pledge drive this Monday at 10:00 am PST on KVMR or listen live anywhere on the planet at www.kvmr.org

All for now,
Keep up the support and write your representatives and say “NO MORE BAILOUTS”.

Marc