This article is a MUST READ. Excerpts below.

> There are no real estate bargains. There is only a coming decade of real estate pain and agony.

> I've gotten a number of emails from the gold community (GC) that President Obama is on the verge of handing USA sovereignty to a world government. I think that is coming, but it's far too early to occur now. Many years too early. I think those claiming it's about to occur are "showboating." The banksters understand risk better than the gold community does as a group. For them to move forward on such a plan now would invite total chaos. High ranking members of the US military would not be so keen on any handover and nor would millions of armed US citizens.

> However, should new OTCDs (OTC derivatives) be revealed as dead, in size, as happened with Lehman, banks and stock markets would close. Many more citizens would be open to a global govt/currency solution if grocery stores and banks were closed and empty of food and money. Another major terror attack could also galvanize a need for a global solution.

> This is not 1979, the era of greed. This is the era of fear. Panic and rash action will not help you. It's important to understand that the risk of repeated bank and brokerage closures is high, and means you may not be able to trade stock for intermittent periods of time. For those of you who have ordered safes for your home, keep in mind that the companies you ordered from employ workers who could receive "invitations" from criminal gangs to supply them with lists of the customers.

> Bank workers are also gang targets when the social order breaks down. Lists of thousands of depositors from major banks have been found in ravines and fields in countries where gangs have infiltrated the banking system. Kidnapping, extortion, and robbery of depositors is the main purpose of getting the lists, but good old identity fraud is also a popular play.

> When the system is at risk, bank and insurance company workers may become desperate to assist other family members who are in dire situations. Desperate people do desperate things, and criminal acts are more easily justified when many people are in the same sinking boat.

> Keeping 1-10% of your net worth outside of the financial system in multiple locations is your best insurance policy. The percentage of insurance should suit your personality, but zero is a number that isn't very smart. In fact, it borders on insane. I suspect most of those who lost large money in the stock and real estate markets over the last 10 years are laughing as they read this, but it won't end well for them, and you can take that to the bank.