Current Shamrock Missive

From the Publisher's Desk
July 2009

"A dollar is not worth as much as you think it is. Your honesty is worth much more."
- T. Boone Pickens

Is this where the USD is headed?

Warren Buffet says "The U.S. Economy Is In "Shambles" .. No Signs of Recovery Yet! [See for the full article.]

As we know little about the US economy from a personal perspective, we'll defer to Mr. Buffet's opinion for that purpose. However during our recent sojourn to a half dozen countries, we can report that hotels, business's and tourist spots reported business is down a staggering 80%! Ouch!!!

We can verify that. We booked and stayed at 4 and 5 star hotels for as little as US$30 (not more than US$47.50) per night including breakfast. Bargains are abound and if you have the resources, now is an excellent time to visit that far away place you've been thinking of. Airfares are equally offered at giveaway prices!

More important these travel and hotel bargains allow you the opportunity to visit a safe haven in the event Harry Schultz's prediction of a pending "bank holiday" in late August or early September comes true. [See "Scary Stuff - Bankster 'Holiday' Planned for September?" in our July PTBuzz newsletter.]

Harry Schultz has been predicting $4,000 per ounce gold for years now, but that's not to say his recent bank holiday prediction won't come true.

Personally we don't believe a US bank holiday will occur this August or September. But it is clear that the long term trend for the USD is dismal to say the least, bound to continue its slow decline and loss of value. In a little less than five years, the USD has loss more than 40% of its value!

With that said, it would behoove anyone with a majority of their liquid assets held in USD to move your capital immediately offshore and into another currency. The funds can be transferred legally offshore at this time and in the event Schultz's prediction does NOT come to fruition, you can always repatriate your capital, 100% legally and safely. In the event Schultz's prediction does come true, well you've saved your ass and assets!

On another note, we've noticed that more and more banks are now requiring personal and or bankers references, even to open a simple personal bank in a not so great locale. The better locales are and will shortly, be demanding a heck of a lot more paperwork to cover their arse's with their Know Your Customer (KYC) compliance departments.

Suggest you take a good hard look at our "Red Hot Product" by clicking on the link to the left. It is the only AAA rated bank account and structure we know of, in a top offshore locale, that does NOT require any notarized passport copy or references, except from PT Shamrock.

Whatever you do, do something and do it now!

See you next issue


"The people never give up their liberties but under some delusion."
- Edmund Burke, 1784

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