Dow Plunges. Greece breaks out in Riots! Update May 6, 2010

Marc's Notes:
The Dow plunged at one point almost 1000 points today amid a flurry of news about Greece and its bailout. The FEDS stepped in and rescued the DOW by buying futures which resulted in a loss in only half as much but take heed. The money of kings, GOLD,  soared as investors fled to the only NON PAPER CURRENCY in existence.

As goes Greece, so goes us in a few years. Now sit back and watch the fireworks. Expect Greece to break out in violence only to be quelled by gun blasts. Stock markets meanwhile are left to digest the aftermath and who knows what that aftermath will be. The 1000 point plunge today matched only the 1987 plunge and now we learn  it was because of glitches in electronic trading.
Sure.
Now excuse me, but wasn’t this addressed and blamed for the 1987 crash?

And weren’t we assured these glitches were solved?

We never learn do we?

That’s why I say, NEVER, NEVER, NEVER trust what they tell you. I don’t know what will transpire FRIDAY MAY 7th, but you should have been thru the door by following MONEY MATTERS suggestions long ago. Those who did not should NOW INSTIGATE defensive measures IMMEDIALTY.

They will tell you again not to panic, but how many times will you fall for their BS? Fool me once....etc  etc.

What to do:

Set stops!    10 % lower then out!  

I know, its painful to do, but do it.

With many investors sitting on the trigger, another BREATHTAKING fall may occur at any time. I mean really, 1000 points today? How much warning do you need that this is a dangerous market?

Get gold and silver in your possession.  

Sell all bonds except US Bonds under 2 years.

Put most of your money in US Bank savings account and follow the DREAM PORTFOLIO for a complete strategy.

Get your money OUT OF THE US in a Swiss Annuity or other vehicle. Click on the SWISS ADVANANTAGE Banner on the right side of the site for a booklet.

Email me for consults if you must. My phones are now ringing off the hook so my calendar is filling fast.

Those wishing to meet with me NOW must send us an email and schedule with JEN.


Read our past newsletters for recommendations. Sorry to be so brief but my phone is off the hook with calls as you would expect.

Stay tuned. As markets get more volatile, I will post more frequent newsletters.

Marc