Marc will read his personal holdings AND the DREAM PORTFOLIO, This MONDAY Oct 26,2009

Marc's Notes:
SEOUL—State-run Korea National Oil Corp. signed a contract to buy Harvest Energy Trust of Canada for 1.8 billion Canadian dollars, or about US$1.7 billion, in the largest acquisition of a foreign oil producer by a South Korean company.


A Super Dividend Payer was bought out and follows along the lines of what I have been talking about as recently as a few weeks back on our show #75  and also on Show # 53. The world needs more energy. They DON’T need MORE U.S. dollars, so they are trading the U.S. dollars for real stuff, much like you should be doing. Like I said in show #75, “China’s Buying Spree”, the Asians need energy, and so does the rest of the world, so they are buying it, and if you hold it, they may buy it from you. And they just did.
KNOC  a Korean company is buying our Super Dividend Payer  HARVEST ENERGY. (HTE)  The Harvest deal represents a 47% premium above the 30-day weighted average trading price of units on the Toronto Stock Exchange as of Oct. 20.  Its was around high 6 or so before the announcement, after the Koreans announced the buyout, the stock jumped to over 9. Great news for us. I actually own Harvest higher then this but I have been collecting dividends on this stock for years so it’s all good. Once I get the funds from the sale (yes- I will hold it until the buy out unless I find out there will be high foreign taxes on the sale, then I will sell it and put it out on this update) , I will buy a different one on our list when I get the money from the sale. (SEE MENU TO VIEW THE LIST).

Meanwhile the Dow is falling still and I mentioned yesterday the 10,000 level is a key to future direction. If it continues to fall, I will raise the alert level to RED from ORANGE where it is now. 10,500 was our highest target for the Dow until an anticipated turnaround, but I mentioned since 10,500 DOW was the number everyone was looking at for a turn point, it wouldn’t probably turn there but somewhere higher or lower.
Perhaps this recent turn WAS the turn and if it continues down from here a few more hundred points, BEWARE.   Remember, company CEO’s on the market are still selling their own company stock at a ratio of 30 sells to 1 buy. Terrible ratio!  The rats are leaving the ship much like they did prior to the last wipeout. See previous updates for recommendations of buys, sells, holds. In short, ADD physical Gold and Silver always for insurance, ADD contrary funds, ADD interest rates funds, ADD foreign currencies, HOLD Super Dividend Payers for payment and possible inflation hedge. Hold US DEBT such as dollars and savings accounts for most of your safe money funds but INCREASE dollar hedges to protect that. (Interest Rate funds, Gold, Silver, Foreign Currencies, Swiss Annuities).
Here is what we said on Swiss Annuities yesterday and I wanted to reprint it now.

Swiss Insurer BFI has notified us that the minimum for opening one of their annuities has been increased from $20,000 to 50,000 USD. Ouch, quite an increase. I am checking now to see if ALL Swiss Annuities have increased their minimum. 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 U.S. 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 can’t 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! And I have all YOUR email addresses so I KNOW who is pledging and who is NT, kind of like Santa Claus!  HAHAHA!

Seriouosly now 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