We've said this before and we'll say it again: THIS IS JUST THE BEGINNING OF THE GREAT SOVEREIGN DEBT CRISIS! And the only antidote that's available is-Gold and Silver-nothing else. No Government on Earth can repay it's debt in Gold or Silver even if they wanted to. The raging storm of the Greek sovereign debt crisis slammed into our shores like a Category 5 hurricane ... ripping through U.S. stock and bond markets ... driving gold through the roof ... and raising urgent questions for all investors: * Corporate bonds were the first to collapse this morning. Does this signal a new round of corporate failures ahead? Should you dump ALL bonds? If so, where can you find true safety? * The Dow plunged nearly 1,000 points, ending the day down "only" 348 points. Does this signal the end of the big market rally since March of last year? If so, should you sell now or wait for a bounceback? * Gold surged by $34 per ounce to its highest closing level of all time. Is it too late to buy? If not, precisely which instruments and how much? No matter what happens in the days ahead, we know one thing for sure: Everywhere, markets are going haywire. Everywhere, investors are shocked and seeking answers. But for you, these events should come as no surprise. Day after day, my team and I have done everything in our power to prepare you for them — to show you how and why the sovereign debt crisis MUST INEVITABLY STRIKE OUR MARKETS. That's what happened today! SOME CAUTIONS, STEPS AND RECOMMENDATIONS FIRST, don't assume that anyone — no matter how astute — can predict the future with precision. So don't berate yourself if you can't pick the exact market top or you miss the opportunity to convert every paper profit into a real one. SECOND, don't react precipitously. We believe today's events are indeed a MAJOR signal of a market turn. But that doesn't mean the turn will begin at the opening bell tomorrow. You WILL have more time to get ready — not much, but some. THIRD, don't lower your guard. Even if U.S. and European governments jump in with another big market rescue effort ... and even if markets enjoy another big rally, it will NOT be a signal that the crisis is over. It will merely be the calm before the next storm. Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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