Act NOW while there is still some time left.......

The global financial system is unravelling fast. Soon there will be no time left to protect yourself and your family.

Financial markets are collapsing around the world. All the expert's cautious predictions and the media’s hopeful expectations at the New Year for an economic turnaround and imminent market bottom were dead wrong. There will be no turn around in the second quarter of 2009 or 2010 or 2011 … America and much of the world has entered “The Greatest Depression.” I cannot stress how serious this is becoming by the day.

The global financial system, built on endless supplies of cheap money, rampant speculation, fraud, greed, and delusion is terminally ill and will not be coaxed into remission by stimulus packages nor restored to health by government buyouts and bailouts.

Today, the Dow fell over 300 points, closing below 7,000 for the first time since 1997. There is no stock market bottom in sight. If you still dabbling in the stock markets, I would suggest that you get out even if you have already lost substantial amounts of money. Get out while you still can.

As the crisis worsens, governments will take draconian measures to prevent total economic collapse and public panic. The rapidity and severity of the economic unravelling now demands your immediate attention.

Expect massive bank failures, runs on banks, and bank holidays. Even if deposits are insured by your government, quick access to your money is by no means assured. At minimum, have a few months reserves on hand for emergencies.

My prediction is that although gold fell today to about USD$925 per ounce, sooner or later the US dollar will collapse and gold will go over $2000 per ounce.

Please, I urge you to protect yourselves:

Do not be taken in by any bond issues, any wonderful investment deals paying "high" rates of interest. Instead, stay away from any debt offerings, no matter how "stable" the company looks at present. Don't forget that interest rates could rise rapidly over a short period. Look at Iceland - interest rates there are at 15%! So imagine how you would feel if you have tied up your money for 10 years at 7%. Best to steer clear of investment deals, to avoid debt if at all possible and to create your own self-sufficiency. If you haven't already purchased some gold, I strongly suggest you do it now while there is still a window of opportunity.