Quantcast

This Time It IS Different (Page 2 of 2)

Advertisement

Survey Says:

Advertisement

Prepare Yourself

Speculation hopes that the market won't go lower, but here's the truth: This mess can't turn around yet because it has to get WORSE first. Why?

  • The government still hasn't admitted that we are in a recession
  • The consumer has stopped spending
  • Stock analysts still think that earnings will be 40% higher in the fourth quarter. How can earnings go higher when consumers have stopped buying?

When the reality of real corporate earnings sets in at the beginning of the new year, it will likely get even uglier on Wall Street than it is now!

Add to this noxious brew the real possibility that January 20th will bring the inauguration of a Democratic President and a solid same party majority in Congress, promising higher taxes, tighter reins on big and small businesses … and more spending.

As much as we hate to say this, we now expect to fly right past a recession and experience a depression.

What to Do Now

We know "depression" is an ugly and scary word, but the first thing we want you to do is stay calm. We promise to help you through whatever the market and economy throws our way.

The second thing we want you to do is something we've told you before: Put your money in something safe now! Protecting your money will put you ahead of 90% of the fools out there trying to speculate in these historically bad times. Use market rallies to sell … not to buy.

We've offered many suggestions in recent weeks and months to help you protect your money in this crisis. If you haven't yet, we urge you to read the following articles on act on our advice right away:

Now … repeat after us … "This time it IS different!" That's why it's important that you act now.

Page « Previous 1 2

Add Your Reply

(will not be displayed)

Email me when comments are added to this thread

 
 

Please log in or register to participate in this community!

Log In

Remember

Not a member? Sign up!

Did you forget your password?

close this window
close this window