Current Shamrock Missive

From the Publisher's Desk
October 2009

"There are two ways to slide easily through life: to believe everything or to doubt everything; both ways save us from thinking." - Alfred Korzybski


Is your financial world about to be tied up in chains?

This is a very serious missive for all our readers, especially those holding the majority of their assets in US dollar based assets. According to Bloomberg News, The United Nations Says New Currency Is Needed to Fix Broken 'Confidence Game' http://www.bloomberg.com/apps/news?pid=20601087&sid=aSp9VoPeHquI

Earlier this year China, India, Brazil and Russia called for a new reserve currency, as the US financial debacle last year caused the current worldwide recession/ depression that we're in and their demands for a reserve currency change haven't stopped. Those four countries, plus Japan hold trillions of dollars in US securities and are very concerned about their investments. Maybe you should be too?

Gold recently surpassed US$1,000 per ounce and appears to be heading higher. The Yen surged against the Euro and USD as investors seek a safer place for their capital.

Meanwhile the US Federal Reserve is printing money like crazy to buy Treasury debt and bail out of the economy leaving holders of US securities in a dire predicament. The elitist such as French President Nicolas Sarkozy, German Chancellor Angela Merkel, British Prime Minister Gordon Brown, UK Business Secretary and top Bilderberg member Peter Mandelson and EU heads such as Joaquin Almunia, amongst others, have called for a new economic world order consisting of not only vastly increased financial controls, but increased surveillance and personal controls as well.

The creation of a de facto world currency to supplant the Dollar would likely lead to a complete collapse of the greenback, of which trillions are held in foreign exchange reserves by many foreign countries. The consequences for US citizens, residents and holders of US assets, especially the Dollar, will be nothing less than devastating. Millions of persons will lose their life savings, assets and possibly their homes. Retirement funds will vanish faster than assets did after last year's financial crisis, which was sparked by the collapse of the U.S. mortgage market. In the event of a greenback collapse, last year's financial crisis will look like kiddie garden play compared to what would be in store if a greenback melt down occurs.

If the UN, the elitist and the mentioned countries above are concerned about the USD then you better be too! They are telling us something.

We're not economists, conspiracy theorist or alarmist. However all the signs of a pending USD problem are as clear as the fork in the road. The question is which fork in the road do we take? In the more than 44 years we've been in business, nothing has been clearer: GET OUT right now OF owning/HOLDING USD's and US assets, at least until further notice!

Anyone owning/holding US dollars will likely become an unwilling participant in the forthcoming collapse of the greenback. In fact everyone is going to be affected, and not for the better I can assure you. As such prudence dictates one should open an offshore bank account ASAP, if you haven't done so already. Report the account to the authorities if you must, but open an offshore account and exchange your USD's into another currency, i.e. Yen, CHf, Euro's or even gold. This is perfectly legal for US residents/citizens, at least as I write these words. Further you can always legally repatriate the money back to your home after any crisis settles down. But the chances of other strong currencies dropping against the dollar in today's conditions are highly unlikely.

By the way and for our readers information, had holders of USD's taken our very sound advice four and a half years ago and exchanged dollars into euro's, they would have realized a 40 percent increase in value as the USD dropped that amount during that time frame.

PT Shamrock believes so strongly that something is amiss financially with the USD that we are going to put our money where our mouth is; if you open a personal nest egg account in Euro, GBP or CHf offshore in Europe, we'll help you do it for just Euro 250 until 27 October 2009. That's a 50 percent discount off the price at our web site. This nest egg account also allows you to purchase and hold gold securely by the bank.

Even better, in the event we're wrong and the US Dollar does NOT drop 10 percent or more within the next 12 months, on the anniversary of opening your nest egg account, email with proof of ordering and we'll give you a no questions asked full Euro 250 credit towards any of our products and services, including our best selling reports. We can't be any fairer than that. Just ORDER HERE at our secure online order form and place "250 nest egg" as your ordering code.

Whatever you do, you really need to do something.

See you next issue

Shamrock

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

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