Free Online Seminar to Survive Dollar Crisis

Hi. I want to learn more about the carry trade. Does this strategy apply to UK GBPound as well?

Well, we do agree 100%. I have some gold and silver bullion, some GLD, a long play on UNG and a wild short the Dow…still. The bullion/ETF’s are fine/fair; the DOW is killing me-I never thought the bear could bounce that high, but it’s a long term move.
How does one sign up for the webinar?
I have dollar savings in no penalty CD’s for early withdrawl. I’m considering buying more gold and silver, bullion or bars.
Love to get your perspective at this upcoming event.

Larry;

Why will it take 2 more years before others see the danger in holding a declining Currency. It seems obvious that the debt keeps growing sooner to be inflated later?

Second, aside from commodity currencies ( BRIC’s) what is attractive to you in ETF’s or hard cash of foreign assets?

Thanks Gary

What a nervous uncertain time we are in. I have carefully read your commentary and watched your videos. Your comments appear well thought out and straightforward. It is hard to know who to believe in this era and I know analysts are not perfect nor honest. However, you do seem well worth listening to and honest besides so I will pay attention. Thanks for your efforts

Larry,
As the dollar deteriorates and perhaps collapses, what are the most stable investment opportunities?
Any specific reccomendations or do we have to sign up with another Weiss related product?

Larry – In these tough economic times I’ve switched from looking for huge profits to preserving capital, but at the same time I don’t want to park my money somewhere and make little to no interest / profit. I’m also not interested in risking what I have left either, which puts me in a difficult position. I’m counting on you and Martin to point me in the right (conservative) direction.

Everyone is saying that homes can drop another 20%. What happened to the prices of homes in the great depression? Could be expect even greater losses of home prices? I remember that people could not get financing for their houses in the depression is that the case and will that happen here? What about owners of rentals, what can they expect from this inflation scenario with all things due to dollar loss? Will wages go up if we go into inflation? I expect all costs for goods and services to increase dramatically. I fear the possibility of a Weimar Republic Breakdown. If you would provide more information as to what you expect in commodities other than gold and silver which I believe you beleive will be moved upward. thank you. Joan

If the dollar is going to fall, and the countries know this, why are they buying U.S. Treasury debt at the weekly auctions? Why haven’t these purchases dried up? We keep hearing about how the 10 and 20 year bond sales are over subscribed. If the countries are going to move against the dollar shouldn’t they be putting their money in other places?

I have been following your emails about the decline of the dollar.I am from Canada and would like to know what your thinking is on how I can increase my holdings in spite of buying U S stocks. It seems to me that if I buy U S stocks I will lose out because of the lowering exchange rates, hence the less return I will get. Could you comment on this now or later.
Sincerely,
Orville Grigor

Larry, time to expatriate or buy foreign property?

If the stock market goes down and inflation sets in commodities rise. What will commodity stocks do ? I am invested in metals Goldcorp, FCX, SLW and oil and energy service NOV, RIG, BQI, KOL. Will these go down w/market?

Or do we have to invest in crude oil and actual physical metals?

Please give suggestions for investments for my mom who is up in years and relies on monthly income.

Also what natural resources are good to invest in at this point.

Thanks for your help.

How much money should be set aside now in non-US dollars?

Your recomendations of the best mining stocks for both gold and silver. In safe areas of the world where there is the least likelyhood of nationalizition with substantial reservers Thanks Jim

Always find your advise insightful. I love your Real Wealth Report!

From other sources I am hearing quite a bit about the Euro’s demiss, which also makes a lot of sense given the disparate economies of the EU’s components. Where to seek refuge; swissies, cable, yen, kiwis ??

Well Larry, thank you for your interest in our welfare. It would be ideal if you could show us (me) how to protect ourselves from losses due to a declining dollar and at the same time maintain investments which produce income from interest and dividends.

Larry and Martin,

Please give us your best prognosis for timing our investments in gold, the dollar and long and short ETF’s.

Larry,
I’m worried about any & all paper. I have some GLD, EGO, & KGC but it’s still just paper. Should we
have some hard silver & gold in our pockets? Will the stock market survive the dollars demise? Thanks in advance.

regards,
ronnie

I HAVE GLD AS ONE OF MY INVESTMENTS. I NOTICE YOU HAVE NO STOP LOSS POSITION ON YOUR GLD HOLDING. I HAVE SET $88 AS WHAT I CONSIDER THE LOSS I STILL AM COMFORTABLE WITH. DOES THIS MAKE SENSE, OR SHOULD I RIDE WITH THE TIDE ?

Larry,

Assuming your predictions are correct about the coming “overnight” devaluation of the dollar AND the replacement of the US dollar as the world’s reserve currency, what do you see as the best and worst scenarios for the US coming out of this decision by the G-20?

Since the US is a member of the G-20, what role will we be playing in this debate and what political weight do we still carry in getting the best deal for the US that can be gotten?

Primary interest is protection of dollars in T-Bills. Some sort of leveraged hedging? Thanks,

Greetings Larry,

Very much looking forward to your web cast.

You wanted to know what we want. I can only speak for myself. I joined Weiss several months ago. Since then the recommended investments with services purchased have lost a significant amount. What I am looking for are no more sales pitches on buying yet another service but some recommendations that actually make me some money and some significant returns.

I still trust you and your organization but if this is yet another sales promo for additional services my staying power is growing thin.

Thanks

Larry, since the value of the dollar is going down , how much cash if any should be kept available in the portfolio and what should it be replaced with to keep some liquidity for purchase power ? If it is gold or silver etc. what is reccomended and whom to buy from ? Thanks to you all for what you are doing to help us investors big and small to protect us from the powers to be.
God Bless y’all
Jamie

I can believe that the G-20 will do things to the dollar behind our backs abandoning americans and leaving them to fend for themselves. As this will prosper their lives, without ever thinking about the millions of americans over the years in the past creating the wealth they have now. After, all our manual talks about these kinds of people and thier greed.

Good morning gentlemen, If the dollar is going down as much as we are afraid it will, please comment on:
1. what country will hold up the best/why.
2. If we own gold and silver and they are outlawed–what happens then.
3. what are the best, most legal ways of moving money out of this country, but having a hope of being able to easily get it all back–and in what currency will it come back to us in.
4. explain how we can stop this debt build up in the future. We do not want to continue to allow our gov’t doing and spending beyond our means.

Will the same fate also overcome the Euro?

What will happen to the price of oil when the dollar crashes in 2012?

I am in the Oil Exporation and Production Business and am interested in your opinion on the present and future price of oil, expecially in relation to the dollar and your prediction of the World’s Reserve Currency.
Thank You
Byron Wells

I have been slowly building a reserve of physical gold bullion (foreign gold coins and gold bars) for a number of years. I believe that when the US dollar bust and inflation finally kick in big time, I will need to use that gold to provide the necessities of life to myself and my family; therefore, I need to secure that bullion in a safe but readily accessible site. I am also anticipating that the US goverment will eventually attempt to seize ALL gold from US citizens, not only US gold eagles and other US gold coins but foreign gold coins as well as bars. I believe that this will become a certainty WHEN the G-20 nations artifically raise the value of gold.

I currently keep my bullion in a bank safe deposit box. I would like your thoughts on this matter as to whether or not this will allow access to my gold (bank holiday?) and if there is a better way for me to have access yet keep the US government’s paws off of it.

I have considered shares of a gold bullion ETF such as GLD. However, I have learned that when redemming the shares, one is paid in US dollars, not in the actual bullion that is represented by the number of held shares at the then spot price of gold. In addition, the value of the shares may not be accesible if “stock market holidays” or some other sneaky action is undertaken by that same US government.

I am a Canadian. I self administer our portfolio. We currently have over half our portfolio in cash. I trade options on a monthly basis. We have approximately $100,000.00 in US cash/securities. I currently trade options on John Deere and Natural Gas. In the last 4 months alone, I have made over $6,000. trading options with DE. Do you feel that
1. We should be converting our cash to Canadian, and/or Euros?
2. Continue to make monthly income trading options
3. Do some of both?
Thanks

Larry,

I’d like to know what options are open to people who have already retired and are on a fixed income based on Insurance vehicles such as Annuities. What can people do who, like the Baby Boomers, are on the verge of retiring.

Larry:
What you have just said in your message is exactly what I wanted to hear. I want to know what to invest in and when to get in and get our..

How do you think the British Pound will be affected?

Thanks

Hi Larry! I’d like to hear your thoughts on whether we should leave ANY funds in US dollar-based accounts (other than money for emergency), or whether we should invest the majority in commodities, foreign currencies, etc. Thanks!

We are seniors 65+ and are currently planning to move to Arizona. We would like to purchase a home now with closing later this year and hopefully be living there in spring 2010 with the hope of our existing home being sold by that time. We would not place our home for sale until the closing of the home in Arizona. Would the order of purchasing a home in Arizona first and then placing our home for sale in Texas be foolish with the future of the dollar situation? We are trying to avoid a double move and not place our furniture in storage. We will reasonably price our existing home.

Please cover your estimate of the timing of the dollar’s collapse. When will it begin to be VERY visible? What are your estimates for oil prices per barrell, eg, $150, $300/barrel.

Larry, my first thoughts turn towards my children.They both have young families. I remember what it was like financially when their Dad and I started out in the 70’s. We were so broke we couldn’t afford to go to the couch and back, much less have money to invest. There are millions of young families out there just like my kids. I’ve forwarded your invitation, but I am concerned about what might happen to them. I’d appreciate hearing your thoughts. Thank you.

I would appreciate any advice you can give re where and when to invest given current market conditions.

What can we do to move retirement accounts out of dollars? What other currency is a safe choice, or are the best safe choices (for diversification of assets)?

What peercentage of our savings should be in Gold boullion? Should we continue to hold treasury bills?

2 questions I’d like to see addressed in the upcoming seminar on the dollar:
1. With China and India as the economic engines of the world for the forseeable future, why would THEY like to see the price of gold artificially raised. Would that not devalue their currencies as well as the rest of the world?
2. I am within 10 years of retirement and own my home outright. I worry that with the dollar devalued, my home will not be worth nearly as much down the road and that I should be selling it now and investing that money in something else. Please comment.

Hi Larry,
The pound seems everywhere thought of as weaker than almost any other currency - of the major currencies. How do I protect myself? Singapore and Canada quoted investments have served well but I have difficulty finding sufficent spread with potential for gains and reasonable income - so end up with a lot in UK stuff like United Utilities BP RDSB GSK and AZN - I would prefer to move out of sterling quoted but need income - all those quoted yield 5 -8%.
Any advice then for such UK investors listening clearly and intently to your advice.
John

My retirement IRA has many of the stocks that you have posted on your chat each week and I need to know if I need to change my investments to protect my investments from the dollar decimation.

thank you for all your good advice!

Jack

Thank you for the seminar. Please post it online as some of us have other commitments at that time.

I agree that with all that is happening, the dollar should weaken dramatically. However, we still see very strong demand for countries/people to buy our debt in dollars. Look at the sale today of 2 year Treasuries. Why?

Larry,

If I open an account in Canada with Canadian Dollars And buy gold stocks
that are Cadadian Companies. I understand that is legal. Would I be safe???????

Thanks for your help, I will be tuned in.

Several analysts and economists that I read share your position and concerns over the demise of the U.S. dollar. Major economic news comes out every week requiring federal financial intervention. This week it’s the expiration of state unemployment benefits requiring federal financial backing to extend benefits. The impending losses at FDIC and PBGC were recently identified. Cash for clunkers and the soon to be implemented appliance rebate program fuel the federal deficit. As soon as it appears to be slowing another existing program requires a federal subsidy and/or they dream up an entirely new spending program to stimulate the economy.

Back in the 60’s President Lyndon Johnson’s “Great Society” and the Viet Nam war contributed to the mid 70’s recession and raging inflation that contributed to record gold and silver prices and soaring interest rates in 1980.

That crisis will pale in comparison to the one we face.

Today, the Veteran’s Administration is still spending billions to support Viet Nam War veterans and they should. Now consider the fiscal impact of the current Iraqi and Afghanistan wars, and for that matter the entire U.S. military empire, on the U.S. economy. It’s absolutely staggering.

Taken collectively the growing federal debt, the excessive spending levels, and the cost of future fiscal obligations (known and unknown) present an unimaginable sum.

We’re facing a once in a lifetime challenge to our quality of life and personal financial freedom. It will be important to establish investment positions, whatever they might be, in advance of major declines in the dollar and before the herd piles in.

Please give us the best advise and direction you can.

Thank you,

Ralph Tranter

What about the water crisis beyond comprehension, that you wrote about in blue gold. Is water shortage going to be mentioned as away to short the dollar.Will the vulture investors like leucadia win again with distress debt investments. Best Anthony

I am concerned about a friend of mine who lives in ct.,she is a retired school teacher and she is thinking of moving to michigan. I think that she should stay put,but she tells me that the cost of living is cheaper there. What do you think?

I have a 401K so am constrained by the selections. Half is in a natural resourses fund. The other half is split evenly between a stable value fund, a Euro-Pacific growth fund (Morningstar below average risk rating– weighted 64% Europe,mostly developed countries/ 26% Asia) and Janus International growth ret. fund (Morningstar high risk rating–weighted 21% North America, 13% Latin America, 15% greater Europe, 50% greater Asia) My question is this: what effect will the decline in the value of the dollar have on the last two aforementioned funds? Will they rise in value because they are denominated in dollars, other things being equal, or would it be better not to have this particular exposure?

Have you ever heard of a currency known as the “AMERO”

You stated that the price of gold could be sharply increased to $2000/oz. How could this be done? Is not there some element of a market there?

We know the dollar is going down long term and will eventually fail (or maybe sooner, with intervention)! Many are reccomending gold, silver raw materials, oil and other tangibles– we understand this, but NO ONE is explaining what those very LAST DAYS of the dollar’s life might be like, or addressing how we can best cope during that transition from worthless dollars to whatever takes their place. We can’t go grocery shopping with gold coins, and if we did, our life would be short!
Thanks Larry, for all your good work.
Lynn H.

Thank You Larry for your warnings about the dollar.
Is it may be a good idea to put some money in other currencies?
The question is “are there stable currencies available”
The Euro looks also bad. The Swiss Franc is may be too expensive.
Do you have a suggestion?
Thank You
Hank Kouw

Do you recommend purchase of gold and silver eagles and/or one ounce silver rounds?

As I’m sure you will be talking about buying gold/silver, etc, how do we protect our assets from the Government taking it as they did back in 1933?
Is off shore the best and only way?

Larry, I am two years into a whole life insurance policy. Can I expect that annual dividends will increase with the decline in dollar value, ameliorating the effect?

Larry,
Should one invest in mutual funds that buy stocks in gold mines? I’ve heard claims will be worth more than metal itself. Example USAA Precious Metals & Mineral Fund article on Bloomberg. Also, what do you think of Geely Automotive (GELYF)

Although I can see and understand the ’strategic level’ concepts related to your premise, how do I turn that into ‘tactical level’ actions to cover risk? I.e., what specific recommendations are you making to help individuals ‘hedge’ and/or cover risk(s)? Please advise.

Thanks.

I won’t be able to hear your Oct. 6th report due to surgery’
Perhaps you will repeat it.?
We have all our assets in short term T bill, and gold. Living on our principle - and that is not good. Where do we go now?
Thank you

My husband and I do not have a huge portfolio to protect. In fact, we aren’t at a point where we can even risk investment. We have a 401K and deferred comp for our retirement, and 6 months emergency fund–that’s it, but what we do have, we would like to keep and survive. I would like to know how the average person can protect themselves from what is obviously coming. Thank you.

Hi Larry,

What do you think of the M1 Money Multiplier falling below 1.00 and staying there? This is the first time it has happened since the St. Louis Fed has been keeping records. The lowest M1 multiplier was about 0.86 and I think it was June 20 of this year. If an M1 dollar is multiplied by 0.86 then about 14 cents just “disappears”. Where do you think it goes? (I have some ideas). This is highly deflationary.

The Chinese are even more adept at “creative economic statistics” than the US. There are informed opinions that think the Chinese Governments’ official estimated 8% increase this year in the Chinese economy may be 300% above the real growth. Likewise for many other official Chinese econ stats. I’m not a China basher, I’m glad China is doing much better than 20 years ago. Why should we treat their econ. stats. with less skepticism than our own?

I think what may be most needed in such a webinar is a set of principles

FOR THE AVERAGE SLOB WITH LITTLE OR NO MONEY TO INVEST.

How can the average Joe Sixpack survive, stop drinking beer?

See if you can put forth some sensible, do-able approaches for the average American.

Thanks.

Larry:

What about tax exempt Local State Government Bonds? Are they in jeopardy too?
Same question for variable annuities with Life Insurance Companies. How will they be affected?

How do those of us with modest means protect our dollars? Should we be getting them out of American banks? Where would we put our checking and savings accounts? I have started investing through your 21st century supertrader program. However, if I need to get some of those funds out of my brokerage accounts, they will be in US dollars. Is this the way to go or should I have an account set up somewhere outside the US for trading and banking? This is all so foreign and confusing to those of us who are not investment pros. Your clear, concise and plain English answers to these questions will be most appreciated!

I am very interested in being a part of this webcast but have a Dr.’s appt. at that time which has taken me a long time to wait for so do not want to cancel at this point. Is there anyway we can get the highlights of your advice afterwrds. Should I backup my IRA in gold and also buy gold or gold mining stocks? I am 78 years old,still have a mortgage on my Condo. Would it be best to sell the Condo and rent?
Peggy

Larry, in your talk it would be great if you could please explan how devaluing the US Dollar versus gold will have a major effect on paying the country’s debt. The total amount of gold reserves of the US are $280B, hardly enough to make a dent on the debt, do you agree? The total value of global gold reserves are $1.4T. If all major currrencies will be devalued, they all suffer the same fate, I just don’t understand the logic. Please help us understand. Thank you!

In todays financial world, I cannot tell you how much I appreciate your advice. We are headed for a financial day of reckoning, that I feel is fast approaching, and one better start preparing for it today. Many, many thanks. William

Would holding Canadian dollars be better than American dollars?

Thanks Larry for taking at heart the financial interests of your audience and customers.
- What can retirees do to protect the purchasing power of their savings?
- What stocks or investments are likely to benefit from the demise of the USD and other currencies?
- What are the sectors to avoid
- Is now a good time to buy inverse USD E.T.Fs or should we wait for a more appropriate time?

Maurice Jegues

Larry,
It appears as if your predictions have been right spot on, however, the dollar is not responding at all, and is still in a freefall as of today Tuesday, Sept 22 down to 76.1 from 86 six months ago. My question relates to the Middle East and the Saudis as well as the oil market. Currently oil is being traded in dollars, what are the oil rich nations doing to hedge the dollar? They seem to be the most affected along with us?

I totally “get” the concept of huge inflationary forces being created and currency devaluation further down the road, but dont you think that “deflation” is the big issue to worry about in the short term?!? The buy gold and commodities strategy may work in the long term but many experts believe that demand/prices and inflation are going to stay very weak for the next year or so.

Which road to go down and what to “hedge” against?? Timing I guess is everything…..do you have any more specific ideas as to when we may move from deflation to inflation??

Thanks….

Hi Larry,
I heard the IMF is set to sell over 400 metric tons of gold, and China is planning to buy it. I assume China is building its comparatively low gold position as a matter of balancing and strengthening its reserves, but why does the IMF wants to sell 1/8th of its gold reserves? Do they think the price of gold has maxed out, at least for the time being, so now’s the time to sell? What’s the significance of this move by the IMF, and how do you see it relative to your prediction that the IMF will inflate the price of gold down the road?
Thanks for your response.

You are right on target. I know the dollar is doomed, but I don’t know what to do about it.

What investments will do well with the dollar’s decline? Will real estate do well? How about stocks? Certificates of deposit sound like a bad idea for now. Do you buy gold and silver and hold in your house for safe keeping?

Thanks

Jim

Where do you see real estate fitting in as an investment, both in the US and overseas, in light of your forecast of the future value of the dollar?

As Will Rogers so aptly put it many years ago, “It’s not the return FROM my money that concerns me. It is the return OF my money.” And that’s where I am today. Looking for safe havens that will be able to hold their value even if the value of the dollar goes down. I don’t have a heck of a lot, but it’s all I’ve got and I sure don’t want to lose it to those no-accounts in Washington DC. At 74 years, I don’t have a lot of time to recoup in the event of a wipeout! I’m certainly open to advice and am looking forward to hearing your webinar.

I want to know more about the investments that are availible to capitalize on this opportunity as the USD falls to new lows.

Thanks

Tom

Dear Larry: I feel sure that you will cover the information we need. I think it was a week or two ago you invited us to join your group and receive some of your special reports. I had planned to join but got too busy on some others matters. If you still have the invitation open let me know and I will respond for sure this time. Many thanks, James Graves

I know this is off topic, but I have had great success following your advice.
What do your charts show for oil for the next six months or year?
All the hedging right now has me nervous, half my 401k is in energy.
Thtanks, Ronn

I would like to know your ideas on silver investing. Specific companies,Symbols, Etc. I have some plays in gold miners and a few hundred ozs. of Englehardt silver bullion. I also have positions in oil, natural gas and water rights. I think the really big money in the near future will be in SILVER. I also have some stocks in Tiwan, China, Chile But damn little in the US. Thanks

1. Agreed (I saw this coming at least three years ago)
2. Which major currencies will fall with the dollar (British Sterling? Canadian dollar??) and likely timeline/cycle
3. Which major currencies to park cash? When?

if the u.s. gov’t confiscates gold as appears likely to me, will i still be able to hold my mining shares ?

I would like to know what will happen to the value of Real Estate when alll this happens.

Hi Larry,
Just reading the posts on your blog re the IMF sale of 1/8 of it’s gold reserves to China…sounds like a pay-off in advance to cover the debt we’re going to get out of when we finish the “Bait and Switch”…the value of gold will go sky high once the new currency to replace the dollar gets ushered in, and though China loses out of having its dollar debts repaid, it will gain something in return - very highly valued gold, and lots of it. Just another daily deal in preparation for the dollar’s demise, in my opinion…what do you think?
Sayward

From what I am continuing to read from you and Weiss Research, we are entering a global shift where all the rules about fundamentals are changing. It is no longer “business as usual”. For small investors who have relied on brokerage firms to manage their assets and retirement accounts, this approach of investing in foreign markets and getting out of dollar based investments will be a paradigm shift. Many of us have no idea how to manage our money in foreign accounts or how to access a brokerage account that gives direct access to other markets. Do you suggest learning how to trade shares in the various foreign exchanges, or using a brokerage firm specializing in such trades? How does the exchange of money work? Do the foreign companies have the same reporting to investors as do US companies, so one gets the required information for income reporting, and what will the tax implications from foreign gains/losses be? From a tax standpoint , gains from foreign investments are surely not the same as for US investments. For this reason, are some countries and/or types of investments better tax-wise for US citizens to be invested in than others ( eg. Australia where certain kinds of investments are taxed the same as in the US)? If income will come from foreign markets in foreign currencies, how does that get converted into US dollars, or does it? Should US investors hold money in accounts abroad? Lots of questions about how to move dollars out of the broken US econony into foreign investments to protect and grow assets!

1. What to do to protect FIXED Annuities?
2. What to do to salvage CASH VALUE Life Insurance?

Larry, you have been a great help, just like dominique - your armour was devotion and the words are your sword, you have educated us to the best of how to defend ourselves in the worst crisis, and thanks to the team of weiss research, Your gold predictions are becoming near and near and coming closer to the 1,500 mark, sooner or later it will cross that and we will have a chance to see 1,776 then 1,850 then move towards 2,000 levels, keep up the good work all of you, god bless you, Im a long term illness patient, Im happy supporting you morally and watching the good return larry, Martin and the team brings, I love you all ………………………… D. Armani

Dear Larry: this thing with the dollar is very, very scary. Our mexican peso is plunging with it. Me and my family allready took a a terrible beat by fraud with a wall street tycon now in jail. We must prevail with what is left. I believe you are at the right track and I follow tour comments with dilligence, and will be happy to listen what you have to say on OCT. 6th.
Best regards.

What I would like to hear, being half-way scared of FOREX trading is, When do you believe would be the best time to short the dollar and against what currency?

Thank you for working to help everyone who is paying attention. Of course, I am most interested in straightforward steps I should take to protect my wealth. One area I’d like you to comment upon is T-Bills. I am suspecting that although they are currently safe, they will also be devalued as the dollar falls?

My investment broker always has a counter to what you guys are saying and a year ago I lost a million bucks, only 60% of which has come back. Do I bale on him completely and go with you guys, or take out half and do what you say? I am really in no position to lose any more that I have already. I lost even more in 2000-2003, about 1.5 million down from that experience of staying put! He makes me pretty nervous by not listening to me. I’d love an opinion.
Can’t afford another big drop.
Bobalou

I agree with the others; you’ll do a great job!

John

I realize not many “poor” (meaning not having sufficient income to live) read your information. I fear that this class, depending on social security, will perish in this coming event. I have very little income to spend on a survival plan as an unforseen illness struck when I was between jobs; it’s a long story… But is there something the low income people can do to protect their lives during this crisis? I know this may be a theological question; but if others have very little to share, how can the penniless survive? I have a few silver coins and am buying silver bars for other reasons as well… I can not afford physical gold. How do you pay for necessities with physical silver and gold anyway? How can you convert physical metals in a time of crisis?

hi larry, I think you have this one dead one.What I am concerned about most as I am nearing retirement.All I have sells in dollars,stocks ira’s even gold and silver,I am wondering what to do to truely be out of dollars to the point of buying physical foriegn currencies and is there a way to buy and sell my gold and silver in foriegn money?

I am a real estate Broker in Michigan. As you know we got hit pretty bad on home prices here. I am currently selling homes for 20 cents on the dollar and less, sometimes much less. What will the dollar collapse do to home prices? Will prices skyrocket as a hedge or scarcity? ( I still think there is more drop in prices coming) What will be the signs that prices will fall more or begin recovery?

what are the chances that the government will confiscate;

1) Gold Coins, Gold Jewelry and Ornaments
2) Platinum Coins
3) Silver Coins

I am no investor-just an everyday “Joe” and want to know how to protect my savings, retirement, and have been buying silver the past few years. What can I do in the crazy time?

Hi Larry,
I receive your articles in the U.K. I have silver and gold in various forms and some energy stocks (some U.S. dollar), but I’m not sure what form to keep my cash in. What currencies would recommend bearing in mind that the U.K. government seems to be following the U.S. into money printing.
Thanks
Ben

I believe in gold and do not believe in the dollar

How soon should I start selling my current portfolio?

Larry…it sounds like you are going to touch on the points I’m interested in…Thanks, Jim

Hi Larry,

I am living in Ireland i regularly it your newsletters via my email. I was wondering what type of investments would you recommend to someone not living in USA, and thus not having Dollars, but Euro or sterling currencies to invest. Bearing in mind i am a novice at choosing where and when to invest. I would greatly appreciate your professional advice on this. Cheers Jim

Peter C

I am looking at Canadian & Australian stocks ONLY I live in US. Bought some Royal Bank of Canada & Toronto Dominion Bank and waiting for entry points in Encana, Potash, BHP Billiton. I also do not want to invest in UK.

To group any other countries worth investing in? Thanks good comments here.

I like to trade futures and have lost a bundle using Elliott Wave which indicates the dollar is technically at a major bottom. Are technical indicators no longer valid in your opinion? Where is a source of reliable and tradable fundamental data?

Hi Larry – I closely follow yourself and Martins opinion and commentary, and find it invaluable in trying to understand the current shifts and changes in the global economy. However, I am based in the UK and although I realise our economies are very much interlinked, I wondered if you had any thoughts as to how these separate economies may differ over the next few years? As far as I can see both Europe and the UK are similarly indebted as the US (if not worse on some measures), but don’t have the reserve status of the dollar. Some commentators here are suggesting the UK may escape deflation due to the GBP being allowed to fall even further than the dollar (the dollar being supported by its status, for the time being at least). Thanks in anticipation for any response, Simon

I want to know how to protect my retirement via and IRA through gold backed securities or ones that are insulated against devalued dollars.

1. What will happen to Municipal Bonds? What should be done with Munis???

2. How do I set up my IRA so that I can manage it ? It is hard to find a “Finincial Adviser” that can help because it would deminish THEIR income and most of them HATE gold or any other non-traditional investments.

Larry, I know Gold and Silver are good bets in a declining dollar, but I would be interested in what other typs of investment vehicles are best during this dollar disaster time.

Sincerely,

Bill

Larry, I believe the dollar will eventually be replaced as the world’s reserve currency. What I am most interested in learning from you, is “how” the dollar will eventually be replaced as the world’s reserve currency. In other words, what do you believe has to happen (critical events) that lead to the dollar demise, and operationally, how does the world become transformed such that the dollar is no longer the unit of value that world trade is transacted?

I, as well as many people I discuss your concerns with, am wondering how we can get our monies out of retirement funds or protect them within the retirement funds. Unfortunately many people have 90% or more of their life savings in their 401K’s, SEP’s or Simple IRA’s. The penalties are steep for removing the funds. Is there a way to protect them within the funds and or way to get them out without penalty.

Your help would be gladly appreciated by thousands!

Tim

Larry, could you address the topic of 401k’s and their miserable performances of the past and what seems to be another round of handing even more money out to market losses. Thank you.

My UBS broker in the US said that UBS is no longer allowing its private clients to invest in inverse ETFs.
Changing brokers is not an option at this time so it would be interesting learn your non-inverse ETF dollar hedging ideas.

Larry, what currencies are actually stronger than the dollar? How strong should we Americans bet against the dollar? The “weakened dollar” is actually helping companies sell products overseas. This is helping the top line in sales and their bottom lines. Granted we have a massive deficit, but are we any worse off than Germany, England, Japan? China, Brazil, and India may have a better balance sheet, but they are starving their populations especially in the rural areas. social programs for the poor in those countries, infrastructure, and control of pollution is horrible. How stable is gold? Is its downside more likely with the froth increasing to buy? Are Reits a good buy as a hard asset? should we be buying commodities or a ETF to play commodities? I am excited about this program you are doing, I may have to see the rerun. Keep up the good work.

Hi,
I am interested to know the outcome of the major currencies and commodities mainly crude,gold,silver and copper vis a vis the buck.What are the chances of the dollar in the next couple of years.Cos twas said you really cannot expect to make money betting against the once mighty $.Alas,,,Is it time to write the obituary of the buck?

I am from Belgium and would like to know how I can protect myself against the decline of the dollar when I buy US stocks.

Larry -what hard investments are best to protect oneself from $US devaluation/inflation. I recall gold went down for many years during high inflation following gold’s peak in late 1980’s. Therefore, gold seems not a sure protection to $US debasement. What do you think about farm land here in the US or in Brazil as such protection ???

“I can not spare this man - he fights.” - Abraham Lincoln, speaking of Ulysses S. Grant, 1863.

You have taken a bold stand, Larry, and I admire you for it. The horrendeous state of our nation’s economic affairs, while seemingly obvious to us, is being ignored by media pundits, as well as politicians, who are exasperating the crisis daily. I am now convinced that they know better, and are not being honest with the American people about the magnitude of this situation. I do not know, nor understand, the agenda driving their actions.

You could have chosen to invest privately, and profited wildly, throughout this crisis. Instead, you are sharing thirty years of education and experience with us, your readers, to help us weather this storm - assisting those you are not required to help, even at risk of your standing. By definition, that’s what makes us Americans.

On behalf of my family, I sincerely thank you for your service. I look forward to October 6th.

John Egan
Det. Sergeant, NYPD (ret.)
First Responder, September 11th

Hi, Larry,

I’d like your take on how the real estate market will be affected. Home prices, financing, rentals (rental rates). Foreign real estate?

Larry:

Is there any truth to the rumors that certain ETF’s (GLD and SLV) do not hold the proper amount of gold, silver and should only be used for trading purposes and not held long term?

Is there any way to hold gold and/or siver bullion in an IRA other than through a trustee/custodian?

Thank you.

Deane Western

Larry:

I have been subscribing to Safe Money Report for a number of years and feel that Martin Weiss’ and your insight to what is going and what will happen makes the most sense to me.

I am a Canadian who spends 6 months a year in Arizona. There must be a lot of Canadian subscribers and readers of your free e-mail reports. Could you please devote some time during this seminar to the Canadian dollar and what I should do to protect myself from the coming events.

Thanks.

John Nash

Larry;
I have accrued considerable debt beyond house, car, etc. and etc. Should I attempt to pay off the debt immediately or wait and pay it off with cheaper dollars?

Hi Larry,
I’d like to know what your recommendations are for investing in gold, silver, etc. I’ve read somewhere that it is better to own actual gold and silver rather than ETF’s, in other words, tangible assets. My husband and I have gold & silver IRAs with Swiss America, and we pay annual storage fees for them to store the gold. We also have a little cash that we’d like to invest now in order to keep its value from deteriorating, but it would have to be in something that is fairly easy to liquidate, if we needed it to pay our bills. Thank you so much for your help and advice.

How does the small investor (under 200,000) deal with this and if we have dollars (real greenbacks) that we have stashed over the years what do we do with them without causing the government to snoop on us and want to know where they came from.

Hi Larry,

Can you spell out in the simplest terms what this devaluation means for the debt owed by individuals as well as savings? Is the currency devalued only in relation to foreign currencies, and therefore purchasing power of the currency lost only in relation to imports, and traveling and not within the country? Would you expect other countries to try and competitively devalue their currencies? Is the debt owed by individuals increased then or decreased? What is the consequence on assets like real estate? Somewhat confused, thanks for any help in understanding.

Hi! Larry,

What is your forecast for resource stock such as gold in the last quarter of 2009 and the first two quaters of 2010.

Larry
Please let us know safe places to purchase gold .

I WILL NOT BE AT MY COMPUTER 9AM PST TO GET THIS INFORMATION. WHAT CAN I DO????

Hi Larry,
If we have to remain in this country and the dollar becomes worthless, banks are closed and the FDIC is broke and if we own silver, gold, commodities and other currencies for protection, how does it all help when we have to come back into the dollar to survive from day to day,or if they devalue the price of gold and silver? They are knowingly sucking the wealth of America dry.

The representatives need to be responsible and get hold of this administration to allow the ones
“to big to fail” to fail.
Carol

I’m a little concerned that Martin, Larry & co. are giving in to the media pressure and projecting the last few weeks’ sensations (i.e. the dollar’s downtrend) linearly straight into the future. The dollar is bottom*ING* — it’ll likely bounce back soon as the recession creeps back, just as it bounced a year ago. But the timeframe mentioned in the newsletter, i.e. dollar’s death in a few years, sounds plausible. It’s just that it may not yet be the best time to stack up on precious metals and related stocks.

I am an Australian investor and would love to have some commentary on how to profit from this changes from an Australian perspective. I think things are a little different here we don’t seem to have as much debt, and have some things that the rest of the world is happy to buy from us.

Would it be a good idea to take out a $US loan ?

I live in Australia, what advice would you give someone like me living outside the US. Look forward to your comments. Thanks.

Looking for help in accessing my latest Subscription to your Dividend Publication,
and Internet service. Thanks

For us who have more limited resources, how do you think silver will do compared to gold? You pick the time frames you’re comfortable with in answering this questio. Currently silver is trading @ approx 60 x gold & yet the historical average, best I can tell being a novice, is more in the range of 35 x gold. Obvious question is why isn’t silver a better play than gold? I have no idea about the dynamics of silver vs gold but it seems to me to be a reasonable question.

I have heard that IRA’s ( or 403b, etc..) are in danger of being taken over by this government. One scenario was that they would exchange it for a so called Government Retirement Account (GRA) that I suppose would end up like the Social Security system where they borrow against it. Do you think that having precious metals in the IRA will be enough to protect one’s IRA from the government and the devaluing dollar?

Good Morning Larry.
I’d like to hear your views on the ASX, in particular gold stocks like LGL and Newmont Mining and GXY who is mining lithium and has a deal with China to produce lithium batteries for electric cars.
Thank you for your hard hitting factual information.
All the very best to you.
Sid Edwards

I’m with Willie. I find your information fascinating, but I have never really done well investing in the stock market, so I’m gun shy now of investing at all. My savings are under 100k and I don’t know where to put them?
Thank you!!
L

Please be as specific in your investment recommendations on 6 October as you were earlier this year in your survival guide book.

Every US Treasury bond auction is going off with a bid to cover ratio indicating strong demand.
Every auction is also going off with what I consider low interest rates. If the dollar is so weak,
and the US deficits so high why is the bond market not reflecting the US economic problem?
Thanks.

WHAT ABOUT PEOPLE WHO HAVE NEVER INVESTED IN THE STOCK MARKET IN THEIR LIVES, NOW 75 WITH MONEY TO INVEST.
WE HAVE NO BROKER, NO IDEA HOW TO GET ONE, OR IF WE CAN SLEEP AT NIGHT HAVING GIVEN MONEY TO SOMEONE WE DONT KNOW AND A MARKET WE DONT UNDERSTAND.

Please list the ETFs to use with the decline or upward movement of the dollar.

Well, Larry, I liked Martin’s advice on buying India, EPI, I had posted here my great insterest in TBT but that may be too speculative for him to recommend to the 21st Century group.

Hoever, I have now bought my second small portion.hunk.

I hope, in the coming seminar, Martin and you all mention TBT or at least describe this leveraged inverse ETF, cause I’d like to buy more and would be more confident if Weiss group endorsed that position.

Cordially,

Karl Loren

whoever has the gold makes the rules,U.S. has 8,000 tons reported ,The next largest holder is Germany.The Swiss and England have sold a significant amount of their Gold.China needs to play catch up if they want to have any influence over a supposed new world currency.That is why they have allowed their citizens to also purchase gold.They plan to confiscate the citizens gold when all the players sit down at the big bretton woods meeting in 2012,like high stakes poker play the hand against the west.The prize is who controls the world printing press.The other senario is all the countries calling their gold home because their getting ready for war and in all out conflicts Gold is the only currency that will be accepted due to the risk of default of currencies by the loser’s .Are both possible outcomes.

Hi Larry–

I am a person of limited means, and as such, I am not playing much of the interim markets. I do have some Etf’s and stock, as well as some gold and silver in my safety deposit box. I have money in the bank that I have earmarked for investing. It sounds like I will need to invest soon in gold, silver, commodities in order to preserve the worth of my savings, and would appreciate any help in knowing when to invest. and whether to add any other type of investments to preserve my buying power. I don’t have a lot of money for risky, more bold type of investments, so playing the ups and downs of the interim stock market is not for me. Thanks for your wisdom and information–

Lisa Ryan

I am retired on a fixed income from annuities and IRA’s, with a couple of CD’s on the side, so I budget my COL and watch my spending. So far I have done OK, even though my total savings and retirement money is not great by most standards. My concern is protecting what I have and where to go to make the changes I’ll need to make with as few fees or penalties as possible.

I am glad you put this crisis into perspective. I understand the urgency and the concern. Sometimes however I wish you would put things into perspective earlier. I appreciate any concrete, `go and do` advice. Thanks for educating us.

I live in the US but have a property in Canada. I am not a Canadian citizen (I was able to buy a townhouse at a price of $ 150.000 about three years ago) and I want to know if Canada will be affected in the same way as US and does the Canadian dollar get killed along with the US dollar?
Is it better to pay off my student loan with making double payments, or take it easy on the student loan and just pay my required minimum payment (the non negotiable interest is 9.5%).

I worked for a Utility Company (PG&E) in California for 10 years and have a 401 K with company contributioins, but switched over to work for the city of San Francisco. Do I just leave my investment as is when i roll ove my account to a new retirement account? Thank you. Ingard

Many of us have investments which pay dividends, distributions, or interest. We need that income to live on, can’t do without it. In order to buy gold and other investments which do not pay anything, we would have to almost immediately start selling off some of your recommended investments in order to have the necessary cash flow on which to live, whether those investments were down, the same, or up in value. Hopefully your recommendations will have this in mind.

At least investments in oil, pipelines, mining companies (Rio Tinto, BHP Billiton, etc.), agriculture, and other investments will also go up in value (as the dollar declines) and they pay dividends/distributions for income. Shouldn’t investments like those be included in the plan to protect net worth?

I forgot to mention in the above post, I only had a small down payment, and I am still paying mortgage at 4.5% for the next 2 years at which time they want to redo the loan at the interest rate current at that time. I have a renter but the rent does not cover my total mortgage and homeowners fees, etc. I don’t know if that information was pertinent to my concerns. Thank you, Ingard

This week I received two solicitations for a financial news letter, one predicting a massive deflation and gold dropping to $300, the other saying the dollar will drop and gold will soar. Who’s right?

What can and should someone with 100K in a CD maturing in October 2009 due to combat the dollar’s demise? I sold my gold and silver portfolio last summer after gold peaked and was starting to decline on the advice of someone who literally put the fear of God into me. I suffered a $32K loss in doing so. I have been kicking myself ever since as I do not see how this advice has actually served me well since then and given the fact that I felt strongly gold would rise again later and it certainly has. I am actually one of the tin foil hat crowd and believe that GATA is correct when they say that gold has been manipulated for years. In any event, I need to recoup this loss and protect what I have at the same time. I am scared to death if I roll-over most of this into a CD again, my bank will fail or a global currency will arrive overnight, something that in itself I think will take a horrendous number of people down. Moreover, the interest rate paid out will only be 4 percent and I have a strong feeling that it will only be re-offered for half that (if I were that lucky). At this point I’m so confused that the only safe haven I can think of is my mattress but that won’t help me when they depreciate the dollar to zero, and yes I do believe they are going there.

The other subject that I would like you to discuss is what is the possiblity of abolishing the Federal Reserve altogether. This den of thieves has served no one well and until America takes back the printing and control of their currency as vested to the people in the constitution, I frankly don’t see how we the people and the generations to come will ever be truly free to live, work and retain the fruits of our own labor in a free market economy.

Thank you. Lyn

Hi Larry, i love your work.
I would like to ask what thoughts and moves you would anticipate for someone that is not living in the USA. I am living in Australia and consequently completely in the Aus dollar also in equity’s and bought gold in Aus dollars.
Many thanks for your excellent updates Larry.
Rodney

My wife and I are in a similar situation to many other couples. We are both in our 70’s and have some Social Security Income and a small amount invested in IRA accounts…which are managed by what I believe in a competent organization for normal times. The amount in the IRAs are our concern as they will have to last us for the remainder of our lives…and in these turbulent times what is the best way to take care of ourselves, financially. We do not have a mortgage or car payments nor credit card debt.

I an not clear. If the Govt acts in the manner you suggest, then if I have a 1M loan on my house is that staying at 1M and I have half of my earnings to pay that same amount or do all liabilities have to reduce as well. If we all are in the same box then the net affect is suspect. What will be the effect of salaries and purchasing real estate and will these values decrease because of this devaluation??

Hi Larry,
I got your message about the best 5 investment alternatives, and the warning signs are clear to anyone who follows global economic news with an open mind. Also one can see the possibility of the downfall of the dollar. But the most important problem to me is, what about the IRA and most importantly, how would a person with a mortgage and credit card debt be affected? What could they do to come up on top of it? Or at least not to continue loosing. One more question it is true about the “Amero “? could it become reality?.
Look forward to your reply.
Thank you very much,
Sid

This dollar devaluation thing is crazy. Thanks for the alert. I have a question about your comment that the government has no option but to do this.

If the G20 sets the price of gold at $2,000, wouldn’t the value of all our debt be half of what it is today? So if China holds $1 trillion of debt (just an example), wouldn’t the value of that be cut in half to $500 billion? If so, why would they want that to happen? Why would devaluing the dollar or eliminating the dollar as the world’s reserve currency make them happy?

And if they are OK with that, then why couldn’t the US just tell all debt holders that they’re only going to pay half of the face value of the debt and forgo the dollar devaluation and resulting inflation?

It would accomplish the same thing as far as the debt holders re concerned, and we in the US would be spared the problems with run-away inflation. It seems like that action, accompanied by real budget reform (eliminating deficit spending), could bring us out of this mess.

By the way, I’m also curious how the G20 could just set the price of gold at whatever level they wanted? Do they have the power to tell the markets what price to sell gold at? Is that legal? I don’t understand, so hopefully you can shed some light on that.

Thanks for all you do!

hi larry i would love to know your thoughts on the australian economy and its dollar cheers nick

Will there be a return to a fixed price in gold (domestic and/or world- wide), and will there be a ban on private ownership of gold, as in the past. If a fixed price is put in place, or a ban on ownership is put into effect; how will that effect gold related securities, particularly foreign stocks owned by US citizens. The question also relates to ownership of gold in foreign deposits (ex. Swiss Franc).
Is there any chance all the talk of a new currency (AMERO) under the North American Union will come to fruition before we see the new world currency, or will it happen simultaneously. It would seem there would have to be a replacement currency for the dollar domestically, as the dollar value erodes, and inflation goes into hyper-inflation.

I’m wondering, if I put money or assets in various foriegn countries in safe deposits or exchanges to protect against a dollar collapse and potential US default on debt, will the foreign governments look to sieze US citizen assets held abroad as a method of collecting on their defaulted holdings. If so, would it be best just to hold Gold and Silver bullion physically “under the bed”. Also, I thought about buying physical foriegn currency as a hedge against precious metals decline, but it seems more likley all currency will inflate along with the dollar.

Larry, You have quite the following and deservedly so, for your presentations are very informative and well done.Technical Analysis are your strong suit, I am just wondering about your opinion of the Psychology of the gold and dollar markets. Greed and fear are factors that play a significant role when an individual finally pulls the trigger. I think that that these factors need to be considered in the overall analysis, please offer your perspective. Secondly, I understand you spend considerable time in Asia, I am currently living in the Philippines and would like to get your views as to the best ways to utilize investment vehicles in this region to protect against the erosion of the dollar.
Keep up the great work.
Thank you

Good Luck for all of us

I agree to you all. Is rising stock market a stock inflation due to the stimulous money (at least partly)?
Don’t other countries devaluate their currencies as the U.S. devaluate it’s $? What happens if it goes extreme?
Thanks for all of your good work.

Best wishes,

Yasuhiko

Hi Larry

I have a precious metals IRA Iam concerned that the goverment may confiscate gold again should I pay the taxes and 10% penality and hang on to the gold or roll it over to a Roth IRA and just pay the taxes in 2010? I currently have $20,000 in savings what is the best way to keep my money with no risk?

Hi Larry, Wondering if it is wise to take out retirement savings to pay off any credit card debt- we have a lot ! Thanks

I think Tim Frieda further up in this post said it best. How can we protect or what can we do.

I have oil & gas production, what happens to this if the bottom falls out?

Larry,
How can someone with a small account make money safely in this situation? People need specifics and details. Many people have already lost much of what they had (stock and housing markets) and are really scared.

Thank you,
John

Hi Larry, Thank you for you great work and advice on your investments and big picture economic discussions. Last week in your dollar crisis series you mentioned that as the dollar is devalued and replaced as the world’s reserve currency, gold prices will soar and prices of anything and everything we buy will soar too. That brings me to expect that real estate will also substantially increase in price. In times of tis inflation, if we buy real estate with leverage (10% or 20% down), the profit will be enormous as the mortgage debt will be paid in nominal devalued dollars and home prices will double or triple in the next 3 to 5 years , which will give us enormous profits. What are your thoughts on this ? Please provide your valuable insight.

Hi Larry,
I have been buying silver rounds, bars, and junk silver since around 8.00 per ounce. I would be very interested in your opinion on silver as a hedge aginst a falling dollar, and where you see silver in the future. I don’t have alot of money to purchase gold at current prices, so I started with silver which I am more able to afford. Your thoughts would be greatly appreciated. Thanks so much.

How will the US and foreign markets be effected by the weak dollar; including China and the commodity markets? Will there be a depression?

How can one protect their IRAs?

Please share some specific silver investments for small investors.

My confusion is that you say the devaluation of the dollar will cause a great loss of wealth, yet you also predict that a byproduct of the dollar decline will be a threefold increase in the Dow and as a corallary to that a boost in the U.S. economy. How are these two predictions reconciled?

AMERO
Is there a new currency waiting in the wings?
A new currency that will join the; Canadian, US, and Mexican currencies?
Is this new currency to be called the ‘AMERO’ ?
What is your thoughts on this.

Thanks
Lawrence

I’d be interested to know your thoughts on borrowing (fixed rate only of course) at this point in time. If the dollar of values is going to erode, would this be a good time to increase outstanding debt. It seems counterintuitive to go into more debt, but would this be borrowing dollars today and paying them back with cheaper dollars in the future?

For me this is strictly hypothetical, as I plan to pay my mortgage off completely in the next 5-7 years!

I am less than 10 yrs from retirement with less than $100k in my 401k and I need a strategy for investing and preserving my 401K now and for the future.

What can be done to protect retirement investments in a state run 401K?

Thinking of selling my home in mpls, MN, my concern is if I sell it and I own it out right and the dollars is losing value is it better to not sell it. Value on homes in my area are down16 percent from the record high but homes are selling fast in my area but I think at too low a price. Is there a point-risk for the cash vs. the home I own in value? I thought of selling and renting but I’m not sure if it is the right time. Could inflation return and drive house prices back higher and then out of my reach if I sold mine?

Thanks, Steve

Larry,
I will be working that day, and unable to attend.
Will the webinar be recorded?

I have noticed that the state of Indiana is authorizing electronic gold transaction exchange accounts. It is interesting that in the bill there are provisions for state and government workers to receive payments by either cash or electronic gold certificates. Do you know anything about this, and is it a precurser of things to come? SENATE BILL No. 453

I want information about how best to invest in gold and silver.

Hi Larry,
I have been considering how to defend against the declining dollar. I’m leaning toward commodities and the world’s few strong currencies, as well as learning a technical trading system. These are not areas I have experience in, yet I have recently retired from teaching so I have time to dive in and develop a strategy. My goal is to get a plan formulated and in motion, and then teach in a lower caste school in India that my spiritual teacher founded while I continue to execute the plan. Looking forward to your presentation.

Ron Harbin

again like the post before me what does someone who is not rich enough to do to improve our status? is it possible to do this one stock purchase at a time and who do we turn to to get this done? my father had a saying to put a penny away every day will add up . I can avoid more than a penny a day but not BIG money.so what the advise for us “poor” working people

Martin and Friends,

Thank you first for all your help and support through this crisis.

Second, what should I do about my government thrift savings, do I try to take as much cash out as I can
Third, what about my home do I try to sell it, keep it, try to pay it off, I just don’t know at this point
Fourth, Do I get out of stocks
Fifth,Do I trade dollars for foreign currencies (seem like everyone of them will fall)
Sixth, Will the dollar still be around after this crisis or will there be a new currency
Seventh, Do I try to pay off all my loans, credit cards, etc……

I have been allocating my 401(k) into dollar bear fund, gold and china bullish funds, and 10 yr treasury bear funds most of this year with much success.

Why the USA still can sell millions and millions of long term bonds by china and some ohers coulntries like right now , since the know that the value willl be less when they sell them?

As a real estate investor, what are your thoughts on buying/selling houses if they are bought all cash? What are downsides if no loans are taken out?
Thanks

Thanks so much for doing this seminar. As two senior (ages 74 and 84) retirees who lost a third of our modest portfolio in the 2000 market crash and could no longer afford to risk another penny in stocks, mutual funds, or gold, we are now almost totally invested in long term, high grade municipal bonds paying an average of 5% a year, which, with social security, provides enough income to meet our expenses right now without touching our principal. To try to keep up with inflation and increase our income stream, we were planning on selling a third of the bonds at some point in the fairly near future and putting the money into an immediate fixed annuity with a top rated insurance company. Keeping in mind that we cannot afford to lose any of our principal on risky investments, what can we do to remain afloat as this dire future you’re predicting unfolds?

I am interested in your views on confiscation of gold and silver as in FDR days and if they can do that they can change the rules so semi and neumismatics could be affected also.

Also privacy protection and how to maintain it.

What to buy when selling gold and silver or buy on dips and hold.

What will the millions who do not have metals be forced to do?

If medtals become illegal how do we get rid of them and what do we buy?

These are the main reasons I am not a major metals investor but am looking for resonable answers perhaps from those who have lived through similar situations and have written about the experience.
Thank you in advance you are performing a helpful service by bringing this to the awareness of thinking people.
Sincerely,
Richard

Thanks Larry for your great efforts! What do you think currencies tied to the USD which decline in tandem will do if USD collapses? I’m heavily invested on Hang Seng market & my concern - gains made are eroded by falling exchange rate. Thanks Again!

I have been heavily investing in gold share funds, fund of precious metal and agricultural shares fund, all in USD value. my questions are:. 1./ are the values of these funds going up? But even so,
all my investments including the profit gain will be in USD , which will be plunged in value in time. 2./what should I do with my profolio, with all funds in USD value?

I would like to know the best place to buy physical silver bullion at a good price.

I sold my house in 2007. I moved half my money to a bank in Europe and the other half is in a bank here in the states. Fortunately, I didn’t put any of it in stocks at the time, however, Interest rates on bank deposits yeild crap. I want to take my money out of cash and into something else but I believe another move down in equities is coming. This is making me hesitate. My question is, should I keep my powder dry before moving greenbacks and wait for the pullback ? Will the Euro meet the same fate as the US dollar or will it become the new reserve currency? Also is a new reserve currency being planned like the SDR or Special Drawing Rights of the IMF or will it be more like a basket of 3 or 4 currencies together that will becomes the new reserve for world currencies. I have read about both as a possibility. Please advise. George

What would be a good vehicle on which to have lon-term call options or call leaps for silver? Would like to leverage.
Would SLV have too much counterparty risk?

Exactly what I need to know. Need to know where to put my dollars for the big devaluation. Currently i just short the dollar with some cash and have followed the reco of TBT. Need more ammunition.

What are the top 10 diversified investments to protect against the $ falling?

Unfortunately, I’ll be out of the country on Oct. 6 with no way of listening to your presentation. Is there any chance it might be repeated at a later date? I’ll be back Oct. 10. This is too important to miss, so I hope you have plans to repeat.
Thank you,
A. Spar

Hi Larry Thanks for your help and concern. I live in Australia and wonder if you are going to record this event? I sure hope so.
Many thanks
Gabrielle

Larry,
You’re a star and thank you for this momentous oppertunity to receive your wisdom. The Doller’s decline, since investing with the Contrarian portfolio as a Euro investor, will mean that if I was to sell my GLD shares at this point I would take a loss of €1265. The rest of my investments are suffering from a 6% drop in the value of the Doller. What to do? knowing its only going to get worse!
I am 58 years old and like everyone else, especially in Ireland where I live, have taken a hammering on my retirement investments. So you can be certain I will be looking for some concrete ways to protect myself. Infact I have recently stopped buying American shares you have advised simply because of the premium I may face when converting from Euro to Doller and back.
Kind regards,
John

Martin and Larry,

iF GOVERNMENTS OF THE MAJOR CURRENCIES ALONG WITH THE us DEVALUE THEIR CURRENCY, THEN ROUGHLY WE WILL BE IN THE SAME PLACE VIS A VIS PURCHASING POWER VIA EXCHANGE RATE. hOWEVER IN OUR OWN COUNTRY OUR PURCHASING POWER WILL DIMINISH . i THINK IN THAT CASE ONE COULD PROTECT HIMSELF BY INVESTING IN EQUITY OF BLUE CHIP COMPANIES.

Dear Larry,
I am a subscriber but do not live in the States.
I have a portfolio wiith Dollars but many more U.K. Pounds.
I understand you are looking after more Americans than other countries, but I am sure you must have many people from abroad who are in my situation.
Would you do the same with the Pound as you would do with the Dollar?
Best regards,
P.S. I value your comments always greatly

Larry,
BIG “heated” discussion at work yesterday…
IS AMERICA “BANKRUPT”? Yes… or…No?

If so…Is “devalueing” the dollar the correct way out?

Hello Larry

I am looking forward to what you have to say. You also have a large number of Non Americans
who plug into the website, and we are worried about our currencies. I am in Pounds Sterling and Euros. I also bought land in Grenada in the Caribbean last year before all this happened,which is a US$ based currency, and got an exchange rate of US$2.05 to the £. But now I want to build my house fairly soon the cost is soaring every day with the Pond Sterling collapse.

Certainly the UK’s economy is looking dire. The Euro economy not so bad at the moment, but it can’t stay that way with Spain in the doldrums (with upwards of 20% unemployment, and it’s 2 main industries, tourism and construction ruined) and Eastern Europe economies collapsing.

How can we protect ourselves from our falling currencies? Also, on a personal level, how can I benefit from the (eventual) falling dollar in order to build my house in Grenada.

Scary times! I look forward to your seminar.

Kind regards

Could you please highlight what will happen to property values in next two years if dollar declines.

It seems like everyone should go out and purchase physical gold/silver. How to find a reputable dealer? Where to store it in case a crisis arises? Didn’t the government “call in” all physical gold from all residents back in the 1930s?

It seems like things are about to get real “ugly”.

Please advise ! Thanks !

Larry,

with the falling dolar, what is the impact for real estate in Asia (Indonesia and singapore)? is this time to buy real estate in Asia, beside gold and others natural resources? Thanks

Larry,

This stuff is stinkingly complicated.

I have been struggling to understand and during your talk I would very much appreciate if you could explain the US $ currency crisis in the context of a credit contraction.

According to Michael Pettis,arguments for the end of dollar world reserve currency status have happened 3 times since Bretton Woods Agreement, in 1960, 1980 and now. “Once the dollar glut ended, all talk about the end of the dollar as the reserve currency ended.”

Regarding Household net worth increasing, hris Martenson recently wrote:
“Luckily, the Federal Reserve recently switched the data set it uses to calculate real estate asset values from the publicly available OFHEO (now FHFA) House Price Index to one from a private firm.

I say luckily, because if the Federal Reserve was still using the FHFA data, they would have had to report a decline, not an increase, in the value of real estate assets in the second quarter of 2009.”

M-3 money supply growth has decreased from an over 17% rate to less than 4% since 2008 according to Shadowstats.com; not inflationary printing with abandon. Money velocity is still falling.

According to Casey Research:
“The peak effect on the growth rate of economic activity comes about 18 to 30 months after the pick-up in the growth rate of the money supply.

The peak effect on the rate of consumer price inflation comes about 12 to 18 months after that, which is to say it comes 30 to 48 months after the peak growth rate in the money supply.”
About 99% of US dollars exist because of credit. We are suffering a credit contraction, lending and economic activity are barely stirring. Any kind of world crisis may be enough to stampede investors back into a flight to safety (in US dollars).

The world is disgusted with dollars but are they going to leave them?

Which asset classes would survive the best while still providing some income? For example -
Energy, Natural Resouces, Pipeline LP’s,Currencies, International Stocks, International Bonds, TIPS? Asset Allocation %??

Retiree (65) with current income sufficient to maintain current lifestyle, which is very fiscally conservative and approximatly 500K in various “funds” set up by a personal financial advisor and in whom I also entrusted to set up my personal revocable trust. How do I approach those funds, which have lost value of course, to restore and/or protect further deterioration. Eventually it appears I would be most confortable with guranteed income on investments. Sacrificing some growth and ride it out with what I have.

Currently the British pound is $1.65,Where do you think the pound will be against the Dollar in the future.
Mike

Can you post recommendations for limited capital, say $20,000, as well as for six figures? It’s hard to judge my position at this juncture, as I am in the middle of a project. Thank you very much. LG

If every body is bearish on the US dollar, should we be contrarian and enter dollar bullish position and benefit from hostoric short squize, like the one we just witnessed in stosk markets around the world?

Marek

What do you make of the explosion of companies asking people to sell their “old gold” for cash. In the past few months these companies seem to be all over the media, even in your local shopping mall where you can bring your items. Is this a sign of gold hoarding by parties with inside knowledge of the dollar’s loss of reserve currency status and inevitable decline?

In view of a worthless dollar, how would gold preserve our wealth unless we were in some non-fiat monetary system? Isn’t the currencies in most of the world fiat paper? Just a thought.

What alternatives would there be other than a bartering system?

If gold was inflated by the government, would not the precurser be confiscation?

I would like to hear how this will impact retirees and the investments they hold. jtl

Greatly interested in the opinions you express (and those of the Weiss Foundation) and I wholly agree with your estimate of the scenario for the USA — and the rest of the world. I find it fascinating, not due to my personal interest in investment or in increasing my wealth, but because the things you speak about are SO much in line with (can I say it) Bible prophesy about the last days. Many may scoff but it is plainly stated that these things will happen. Global financial control, World currency changes and the cash-less society, the rise in Europe’s power (and I believe America’s decline), the loss of personal freedom and national control of the populations… the list goes on. Not to mention the threat of world-wide war due to Israel’s existence. Fanaticism? No realism. The world isn’t going to get better and it now appears thinking people realise it. Keep on with your good work. Your ‘revelations’ of the true situation in the US and the rest of the world is right ‘on track’ and I believe will seem more and more ‘unbelievable’ as the days go on. Who knows where all this will end…. well, God does! and He is still in control.

Larry;
I am ultra-conservative and have all investments in; Cert of Dep, Muni Bonds, Annuity. I am afraid to get into the stock market. Is Real Estae a good option now, since prices have declined substantially?
Larry Sutton

Can we do these things with in IRA accounts as that is where most of my money is at this time.

Are these projections based on historical record or is there an actual “crystal ball” to it?

What is the common person’s (more inexpensive) way(s) of safeguarding cash assets?

Carlos

Larry,
The 2:00 PM broadcast time will make it impossible for me to watch at that time. Will it be available for rebroadcast at a later time? I certainly hope so because it sounds much too important to miss. My question is: My wife and I are both educators, almost ready to retire. We have about $1,500,000 in real estate and $275,000 in liquid assets to go along with moderate retirement incomes and social security. How do we protect what we have and make it grow during the last few working years of our lives?

Dear Larry,
I am hoping that you can include in your October 6 Seminar some information on how you would approach the typical portfolio transition to the investments you will be recommending. For example, should the investor start by liquidating any bonds, then domestic stocks, then foreign currencies, then stocks in foreign companies, etc? I would appreciate your insight on which types of investments should be the first to be transitioned to the investments you will recommend.
Best always,
Darrell PS - I plan to hold all my gold and silver ETF’s, THANKS!

Larry:
I am 70 years old and am very concern that the dollar will devalue to $0
I have a a litle savings that i have worked all my life!
Should i invest in real estate? or gold? i do not know the stock market !
best regards
vito

I am mostly invested in real estate. Should I sell?

Should we expect to see a sudden, short-lived run up in gold prices in 2012 like we’ve seen before when the price of gold has peaked - or will the increase in gold prices be sustained in the face of the utter collapse of the dollar? If there is the same kind of dramatic rise and fall we’ve seen in the past - then if those of us in the US sell at the top, we will have nothing left but dollars - more of them perhaps, but severely wounded or virtually worthless nonetheless. Then there is the question of the G-20 nations possibly pegging to $2,000 gold. Depending on the timing of that maneuver, those who hold most of their assets in gold would be in good shape, provided they haven’t sold on the run up. If you could shed light on this conundrum, I’d appreciate it.

Please clearly explain how devalueing a country’s currency and/or raising the price of gold can reduce a country’s debt even one iota?

How do you sign up for the online seminar?
Thanks, jb

Retired, have IRA money that needs to earn more than 1 1/2 % without exposure to declining dollar, hyper inflation and risks brought on by our current government activities.

Hello Larry:
As I currently invest in both metals, silver and gold are stocks the better buy or holding physical metals. I enjoy having the physical silver and gold but there are risks of storage. I will not trust the banks to hold it. I’m looking forward to your up coming conference call on October 6th.

Sincerely,
Nick Gilman

Was wondering if we should take our money and invest in other currencies? It is not feasible for me to buy $100k in gold and figure out where to store it. Even if you invest in GLD ETF you use dollars ….and get returns in dollars.
Any suggestions on that…..
Thanks and Aloha

Hello,

All investment money that I have is in a 401K, which limits me to mutual funds.
Do you also have recommendations so this money can be invested wisely?

I do not want to hear that I am out of luck…for there must be good mutual funds that will rise with your stock and etf recommendations.

Thanks

I would like to hear your seminar but will be at a convention in Las Vegas. Any chance for a replay?

The Dollar decline is due to the predatory trade practices of the CommunistChinese Government,primarily the deliberate undervalueing of their currency. How can they be given any credibility or standing in any discussion about replacing the dollar w/o first unpegging the yuan from the dollar and a made to stop their unfair predatory trade practices.

Looking forward to your informative webinar and am most interested in specific ways to protect myself.

Larry- When it becomes worse financially will it help to own some inverse ETF’s,particularly the financialSKF? Thank you for answering this question if possible as I know you have alot of people asking you questions. Sincerely-Gloria Austin

When we had high inflation from about 1978 thru 1982, the stock market also
experienced double digit gains. Why, if it will, this next period of inflation
be different?

I have money “trapped” in an IRA. Are there good IRA investments or should I take the tax hit and get it out?

Deflation followed by hyperinflation, inflation followed by severe deflation, none of the above just great growth…. They can’t all be right - oh wait, these are Numbers! I guess they can all be right. Printing money creates inflation. No jobs creates no buyers which creates less demand which creates plunging prices. Looks like it’s all happening at once with all of it about to get worse. So is it gonna be the chicken or the egg?

You’ve been providing quality insights to the public for years, and that’s why I’ve signed up for your latest online presentation - to hear you outline what you’ve been saying for quite a while now that gold will be the tool that the world’s governments will use to devalue their currencies and inflate away their debt.

What I would most appreciate hearing from you during your online presentation is WHEN you think this will be occurring. Hearing your thoughts on WHEN this devaluation will most likely occur will allow me (and I’m sure MANY others) to prepare their portfolios for the maximum preservation of their wealth.

Thank you Larry.

Larry,
Thanks for the upcoming webinar. Your introductory analysis of dollar devaluation to offset massive govt deficit accompanied by hyperinflation makes sense to me. However, I can’t see how our competitor currency, the yuan and Chinese govt could afford to allow this to happen considering their massive bond holdings. So, at what point can the Chinese afford to lose their U.S. bond value (assuming they can’t sell them to anyone else) in order to become detached from the dollar enough to let it freefall?

Please include your expectations and analysis of the industries that will be hardest hit and the industries that will benefit the most. Also, I am searching for commercial real estate that will house my company in Hawaii. Is my timing right?

Larry;

My question is, being in the middle income bracket is there an amount of physical gold and silver that one should have available, at a minimum, to protect ones self, 10, 50, 100 ounces? You also said last week that you thought this was still not the BIG spike in gold, and thought a pullback was in-order. Do you still believe that?

Larry,
As a newly retired teacher in the state of New York, I am concerned with what may happen with the New York State Teachers’ Retirement System. The System currently claims to be in a position to adequately fund it’s retirees not to worry, and that our pensions are SAFE! But what happens when a new global currency is declared? What happens to our current pensions at that time? Will they be declared to be worth nothing?

Thank you in advance for any info you can provide.

Worried…

Larry,

You’ve mentioned recently about how stocks and gold are now moving in tandem. I have always thought stocks should be a store of value against inflation, but until recently, the market didn’t seem to agree. Is this a new trend or an oddity?

I would like to roll my existing 401a (union retirement fund with limited investment options) into an IRA built on an ETF which would allow me to directly manage my funds in the stock markets without the fees associated with IRA’s controlled by the likes of Schwab, Edward Jones, etc! Is this possible?

With the dollar collapsing why are treasury yields still low? Thanks, Ron

Question for Larry…
I know your primary goal is to protect US citizens who hold US dollar investments.
However, your emails reach world-wide.
My question is…
If the US dollar eventually collapses and is replaced… what happens to those of us in other countries with investments in other currencies?
I personally live in Canada and all my investments are in Canadian currency. As part of North America and a direct neighbor to the US… is our currency expected to collapse also?
What about a Chinese investor in Asia or an Australian investor.

I am not a trader and would not do well in executing rapidly on your instructions.

I have 14% of my manageable assets in gold with a Trust Company managing about 80% which leaves very little to invest on your suggestions $25,000 to $50,000 with comfort. I am soon 82 and can’t afford heavy losses because while in good health, my life expectancy is 5-7 years at most.

You thoughts on my circumstsances will be appreciated.

what can we do about annuities?

I would like to hold physical non-dollar currencies rather than currency ETF’s. Which currencies if any (besides gold) do you recommend holding under my mattress or in my safety deposit box, as the dollar declines? — EK

I am interested in knowing if I am better off paying down debt, or waiting to pay it off with cheaper dollars later and using my money to buy something else that will gain in value.

I am very interested in this subject. However, I will be unavailable on that date & time. Will be you be posting your seminar where those that can’t make it can see it?

Mr. Edelson, please discuss in your upcoming “Washington’s Secret War on the Dollar: Protect Yourself and Profit” online seminar, where we can place, or in what vehicles we can most safely hold, our cash emergency funds, and savings for short to mid-term goals or needs. In other words, is there some way that we can protect our savings that we don’t want to expose to stock or bond market risk, so as to hedge against US$ decline? Thank you most sincerely for the indispensable services you and Mr. Weiss provide to help us protect and grow our hard-earned dollars as we strive to achieve a secure retirement.

What about those of us already retired? What is best plan going forward for us? ALso, what happens to insurance companies, and the annuities they issue?

In some cases the borrowing counteracts the inflation of printing money. If the banks are funded by Borrowing Bernie’s printing press to fund the banks and then the banks deposit the money as Tbills to satisfy reserves….its just a paper circle and not a true M3 increase. Now if there is some way to measure what is not in that circle we can have an accurate measure of the M# instigated inflation rate.

Could you tell us what shares to invest in generally, that will protect us from the dollar’s slide into oblivion?

Also, is there any way that UK investors can switch their mortgages into US Dollars?

Larry,
How soon do you expect the dollar to zero? Is there a way to preserve , promote buying power in this
coming event? Can we not do something more to prevent this kind of monumental chicanery? If I have cash how shall I see to its value in the most accessible way? Can the Congress prevent the ruination of the dollar?
David

I want to understand what is going on, of course. Mainly, though, I want to know what to be holding investment-wise, and what NOT to be holding. Thanks!

Larry,
The most important things are 2 things you stated, as follows:

1) Protect your wealth even as others are losing theirs: Critical steps you should be taking right now to protect yourself from this great dollar disaster. PLUS, the three investments that are most likely to preserve your wealth as the greenback continues to plunge in value worldwide.

2) 7 investments set to skyrocket as the dollar sinks: These often-overlooked investments are the most profitable way I know to harness this massive, long-term dollar decline. I’ll show you what to buy … where to buy it … and when!

These things above should help us profit and increase our wealth as the value of the US Dollar dies.

Joe Stoetzel

Larry:

Which of these three investments would you recommend?

1. Gold bullion coins.

2. Gold mining stocks.

3. BRIC CD based on currencies of China, India, Russia and Brazil.

Dear Larry,
I am seventy eight,retired,with approx. $450,000.00 in the market including $115,000.00 in an annuity.for income. We, my wife and I,also own our home and a waterfront 3Br 2b condo in Ocean City, MD. mortage free.We also own four 2b condos in a desireable area with good rental income along with a small 20% loan to value mtg.The point of all this is to give you enough info so that you could suggest an asset allocation plan for us.We need to generate $2500.00 monthly income from our investments.
Than you for your help.
Richard

BTW Larry, I read 15 news letters a night (probably to many) but of the ones I read which include various Agora, Casey Research, Ed Steer etc… You are the only one that has absolutely predicted what is happening well in advance and with uncanny accuracy. Congrats!

Hey Larry,
US Treasuries are apparently ready to dump. great short opportunity. Are ETF’s a good play on this? I also heard that the Fed is creating money to buy our treasuries at auction to make it look like they are still in demand. Maybe it fools some… What are your thoughts on this opportunity.
Secondly, regarding holding foreign currencies, is it safe and a good play to hold them in a trading account like Interactive Brokers or Mirus?
Thank you for your insight.
Ron Murrell

I would like you to be very specific as to what we should do to rearrange portfolios.

when will the market tank?

Larry, can you give specific reccomendations as to how to buy or what to buy in this current dollar crisis? It would help us understand how to help ourselves. Thanks for the hard work. Rick

Hi Larry,

Thanks for all of your hardwork and research, it’s greatly appreciated. I just have 1 question that I hope that you could answer for me - I am a British citizen with around 80% of my savings in the British pound. Do you believe that the pound will deteriorate in a similar fashion and to a similar extent as the US dollar?

Thank you,
Ben

Certainly too many dollars out there, but what is the government going to do to prevent inflation from skyroketing or from stagflation to appear, do they have any plan or backup plan to solve this purzzle?

I am interested in attending the seminar on Oct 6th, 2009.
I am concerned about my retirement porfolio managed by fund manager.
I want to manage myself instead of continue losing money by them.
need some directions. thanks alot

Larry,
I think it s clear to everyone where the Dollar is headed, the issue for most investors is how to protect their investments when this happens. Some say it is best to exit all Dollar based equities, but I’m not sure on this and would like you opinion. For instance, I own Jonhson&Johnson, Intel, Cisco, and Dreamworks. I would imagine stocks like these get a lot of their income from across the world, and are not totally dependent on the value of the dollar, hence they should (I think hold) up pretty well during any Dollar slide. What do you think?

On the other hand, I also own some US based Energy stocks (including some MLPs) and am concerned that these will suffer significantly, especially considering that my trading account is in Euros. The latter may be good for buying Dollar based stocks, but not when converting Dollar based assets back to Euros.

Your thoughts would be appreciated.

Denis.

Larry:

Most of us have been reading for monthsand months about the currency problem and we don’t need another lengthy expose of it.

We also don’t need more advice to buy gold. We need other alternatives. For most of us, buying a significant amount of gold is not feasible. Where would city dwellers store it? How could we move it without risking theft or confiscation? Just imagine what those airport goons would do if they found a few pounds of gold in someone’s suitcase! Then, when the smoke settles, how do we sell it without incurring a horrendous ‘Tax’ bill? I hope you have other suggestions besides gold.

Caggy One

Gold and gold mining stocks have been hit hard seven of the last eight trading days. Yet September is supposed to be the best month for gold mining stocks. Please explain what is happening.

Thank You for your service. Please keep in mind that percentage of your audience who are aware, informed, intelligent, trusting, courageous,,,but with limited, middle class, finances. Not wealthy.
Your guidance on investment instruments/strategies etc., will really help those of us who are not accredited(million dollar) investors,

Since I don’t trust this gov’t. at all, is there anything I can invest in and hold overseas or in my possession that the gov’t. can’t confiscate? I believe this is the most dangerous gov’t. that this country has ever had! Thank you.

Is there any provision for those of us who work during the day and cannot attend? I would be VERY interested in this, but cannot get away.

1) please name specific investments, ticker symbols
2) specifically name one or two signs that definitively tells us that the end of the dollar is near
3) what could go wrong with your predictions
4) please name several predictions that you got right as well as got wrong

At this time, 9/26/09, our 3-2, 1900 sq. ft. house 5 miles south of San Francisco has rebounded in value where we are above water on what we owe by a small 6 figures. Only I am working and we obtained a loan modification under the Obama plan for 5 years. When the dollar collapses,will real estate collapse into new lows for an extended period of time? Should we sell while we can escape with money in our pocket?

two questions

1) What are the main assumptions behind your prediction , other than lower interst rate and carry trade, particulary uisng 2012 as the time line for such to happen ?

2) What is the single major event or wild card that the preduction may not materialize ?

how should I protect my 401-k savings and provide income for the next 20 years considering Social Security’s situation. I will be retiring 2012

If the markets were rational, they’d be falling, but they are rising instead, and that at a time when the real economy continues to slow down, with unemployment at almost 10%, and housing in some parts of the country coming to a virtual stop.
Is it possible that this divide between Main street and Wall street will continue as long as the government continues to create money out of thin air thus keeping the stock market up like a balloon filled with air?
Meanwhile the value of the dollar continues to erode. We are seniors and savers, What real value can we invest in now? What in this world could maintain its value, if both inflation and depression hits like a perfect storm?

I am a U.K. investor,what effect will this have in the U.K.

I am purchasing farm land now at $782 per acre, what happens to my repayment ability with the dollar going away, who gets hung out to dry, me or the mortgage company? Is the risk worth the reward? The current value is $1350, so I am risking $568 an acre as a prepaid down payment due to a lease purchase agreement.

Can you name specific foreign banks in countries we could safely stash a bunch of money to get away from the dollar? If you can, perhaps you can also give the contact phones/email/addresses (or whatever) so one could proceed to actually put money away instead of just buying ETFs, etc. Thanks.

Hi Larry, Any tips on how to safely buy gold and silver would be appreciated. I’d also like to know what you think of buying and selling real estate at this time. I’m not that interested in real estate in general but I think I want to move.

Maybe you could explore the advantages of investing in the Canadian dollar.

I want out my 403b- 401k. my co. says no. Even if I want to take penalties etc. Is there a way around this. Also I heard govt. wants to pull all retirements together where they can access it. To bail them out. At our retirement we would get a fixed amount. Is this true?

Im sure homes r not going to be a good investment even to rent out. cause their value down and the taxes anyway keep going up. Is there a way to stop these cretans?

Please give us your thoughts on what the economy and stock markets will look like in 1yr, 5 yrs and 10 yrs……short-long term outlook.

Everbank , is this a good place to set up a foreign currency account? What would the best currency, you stated, Canadian Dollars but they offer many different CD account etc.
Is it better to have separate accounts for each Foreign Currency or would the variation they offer be a better way to go.

marianne

Larry,
Thanks for sharing your knowledge.
Steve Craft

What if they do away with all currencies and come up with a central banking system which eliminates competition between nations & commerce is carried out by nothing more than electronic transfer of funds. And the mastermind learns how to control such a system for his own personal use. What do we do now to prepare for such a system? Buddy

Larry: I am retired, 57, own my home, have 1 million in commercial real estate, and 1.2 million in cash/bonds/equities and not a penny of debt. Finally, I “made it” and now I am scared to death that these bozos in DC are going to “take it away” from me by their idiotic polices…INFLATION. HELP !
“Jamie”

How correct do you fill, as a percent, about your predictions? What about your past predictions?

Hi Larry,

Thank you for interesting point of view. You are focusing alot on dollar and gold thesedays for good reasons obviously. However I would be very interested in hearing your view on the nickel. Could you please give a quick analysis for the short-, medium- and longterm for nickel?

Thank you in advance.
LG

I need help - I am new to your site - which is very interesting but I find myself VERY concerned with the fact I have to much cash - where should I be looking to invest at this point - I am 75 years old. Jim