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Charles,
1) There doesn't need to be a consipirisy to get
people into debt. People do not learn proper money
values for the most part. Most have little
understanding of natural cycles....herd mentality.
2) Y2K...The "experts" will tell you to watch out for
the embedded chips and that they can ruin us. I can
count on one hand the number of embedded chips in my
house. So what if my VCR doesn't work any more.
(Is it time to invest in VCR Sales?)
3) The end is near stock up on food. This was the call
of 1979. This type of hype often is heard the loudest
during an extreme market swing. In 1979 I filled my
garage with $1,400 worth of dehydrated food. In 1982 I
gave it away to the food bank. In 1979 i made a mint
in Silver futures. What market is up now?
As a general rule it is a good idea to have a weeks
worth of food around the house. In the normal course
of events I have that much anyway. Reserve water is in
my water heater and swimming pool.
Investments in silver....yeah right who will take
silver in exchange for food today? What makes anyone
think that someone will take it during a panic.
Gold...I have a one ounce coin can how many apples
will
you give me for it? I only want 10 apples ...What will
you give me for change?
Foreign accounts.....In the USA we are Y2K paranoid
and the rest of the world is not...Why would I put my
money over there.
Accounts here....Have several months of statments.
Open up a few new savings accounts. If one bank has
problems maybe the other will be open.
CASH...Greenspan is printing several billion extra
keep a few thousand just in case. He is the best thing
that ever happend to this country. He has radical
ideas like pay down the national debt and reduce
taxes.
In closing FDR had it right
The only thing to fear is.........
Good Trading
Dick
===
Big Lucky Dick
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