Quantcast HOW TO PROTECT YOURSELF AND PROFIT FROM THE PRESENT SITUATION
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Millionaire Now! by Larry Nusbaum

This blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth".

HOW TO PROTECT YOURSELF AND PROFIT FROM THE PRESENT SITUATION

Posted on 08/29/2006 00:00 AM | Link | Post Comment

http://www.millionairenowbook.blogspot.com/

You should not feel guilty about profiting from war and its devastating effects. They are there whether they profit from them or not. You really can't do much to alleviate the suffering and you didn't cause the problem.

First, you should buy gold in the physical form, that you can hold in your hand, in increasing amounts as the road to catastrophe we are now on stretches farther into the future.

Second, you should be buying GLD and/or CEF. Central Fund of Canada (CEF) is a closed end bullion fund that now holds about 20 tonnes of physical gold and 1000 tonnes of physical silver held in Canadian chartered bank vaults. CEF is the original stock exchange traded bullion proxy, with all bullion held in Canada's largest bank, in allocated, and segregated safekeeping.

Third, you should be buying stocks that already have proven assets of value. Many Canadian mining shares are speculative exploration ventures. They have a lot of high hopes, but when you add up their bottom line, they really have none today. You should focus on companies that have what's called a 43-101 compliant gold or copper, or silver resource.

Two such great companies for you to consider are Baja Mining (BAJFF) and International PBX Ventures (IPBXF)

Stock Quote or
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Sat Oct 04, 2008 10:41PM
When I first started Day Trading I traded anything that [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.