[Money-matters] FW: [Money Matters Newsletter] Money Matters Letters to the Editor October 26th , 2013 - Please Read for Important Answers!

Sat Oct 26 16:26:18 UTC 2013

Subject: [Money Matters Newsletter] Money Matters Letters to the Editor
October 26th , 2013 - Please Read for Important Answers!

<http://moneymanagementradio.com/files/moneymn/shell/simplenews_header-660.j
pg> 

Money Matters Letters to the Editor October 26th , 2013 - Please Read for
Important Answers!

<http://moneymanagementradio.com/files/moneymn/editor/escessreservesbanks.pn
g> 

"Uh, is this ok?"

No

Marc's Notes:

The time to get into stocks is here again. Another budget battle is looming
but they are more repeated nowadays than not so are we not getting used to
them?

Yes we are! And so is the market. Our show a year or so back "Buy Equities,
Sell Bonds"

was right on the money. That strategy is still in play if not more so now.
That is not to say there will not be hiccups along the way and even scary
corrections but the word is given. The Feds have the market. They will not
allow a fall. They will never stop printing. They will never taper (at least
not for long or in a meaningful amount).

"It wont be enough", my catcall in 2008 will ring true until the bond market
revolts and interest rates rise. This simply means the Feds wont stop
printing until they have to and that could be years away. The new Federal
Reserve chief Janet Yellen believes as Ben does. Print till the cows drop
dead.

With economic stats failing again, my prediction that they may even do MORE
is in play.

I would not be surprised to see NO TAPER and even an increase! If you need
to buy some stocks now then email me to help. I can come over and buy them
for you if need be. There is a small fee for that of course. You can also
get the Super Dividend Payer List to see what I buy. For now the markets
will run until the next budget ceiling. Gold and silver have possibly one
more bad correction to make but they are looking fairly strong now that QE
Taper is off the table. Watch for smooth sailing until the new ceiling/
budget talks arise.

____________________________________________________________________________
___

Now here are some listener/ reader questions and my answers. Read these as
they probably mirror some of your questions:

<http://moneymanagementradio.com/files/moneymn/editor/letter%20writing%202.g
if> 

JR writes:
"Marc, what do you think of gold and silver now? I own a lot at over $1,500
an ounce and don't know if I should buy more or sell"

JR, physical gold and silver are for insurance only. I always recommend at
least 10 % of your money be in this form UNLESS you have only a limited
amount of money to your name, then I usually say keep that in a savings
account. As for price, I don't care about price for my house insurance, why
should I for my currency insurance".

Annie writes:"Is now a good time to buy a house?"

Annie, interest rates are at rock bottom and home prices are rising. My
suggestion is as it has been for about 3 years. A rise in rates could crash
the market again (not as bad as last time) but I if you LOVE the house and
can afford the payments no matter what, then sure. I would not be loading up
on speculative real estate a lot right now but one rental with a good return
and if you can afford to pay the mortgage with NO RENTER then sure.

Steven asks: "Will the budget ever get balanced or does this go on forever?"

Steve, the answer to both questions is no. They won't balance the budget
until a currency disaster befalls this nation and they cannot run bills
higher and higher forever. The disaster will both stop the madness and make
them address the spending eventually. It always does.

Cory asks:
"I cannot believe Washington kicked the budget decision down the road until
January. What is the matter with our government? I don't recall this type of
problem when I was in college in the 80's."

Cory, I guess your question is what is the matter with Washington. The
prophecy of Democracies failing is coming to fruition. It's from a quote
that goes something like this: "Democracies will always fail, because the
public soon learns it can vote itself entitlements from the public purse".

Javen says: "Should I buy corporate bond funds now? My broker says they give
good income and the economy is finally getting better"

Javen, a small amount of AAA rated corporate bonds is probably ok for a
SMALL portion of your money but I dislike almost all bonds due to the simple
fact interest rates are in the dirt and can't go much lower which means
bonds can't go much higher. I would rather see that money in good dividend
stocks like the first 20 or so listed on my Super Dividend Payers List.

Illya asks: "Do you see a collapse in the US Dollar soon?"

Illya, no not soon. Eventually a major currency crisis WILL hit the US
dollar but the games they can play to delay this are many. Your first sign
will be rising rates and them being unable to stop it. If you follow my show
and heed the advice on what to consider, you will most likely fare better
then most.

Bob says:
"Marc, a friend of mine bought gold from that Monex program last year and
gold has dropped a lot. The buy back period is starting and he wants to keep
his gold anyway. Is that crazy? Gold is much lower then what he paid for
it!"

Bob, yes, gold is much lower and if it was me I would contact the company to
send it back and keep the difference. It was a 10 ounce deal so your friend
could be looking at over many thousands in profit. My Monex representative
has told me they are honoring that guarantee. You can always take the money
and buy more at today's prices! You have to act quick however as the window
for the return closes in a few weeks.

Sue asks: "What do you see happening in the currencies you recommend. They
have gone nowhere. Should I continue to hold them?"

I would Sue. They are also insurance. The 3 currencies are the Swiss Franc
which is now climbing again after massive government intervention to
suppress it. That intervention will end eventually and may be ending now.
The Canadian Fund is flat but is also just insurance. The Aussie dollar has
been all over the map but this one pays you a nice monthly interest payment
and that helps pay for holding the other 3. I continue to hold these 3 for
insurance as well as the other hard currency funds I have mentioned over the
years.

Katlin asks:
"You do a tremendous service to our community with your show and articles
and well as your charitable programs. We are lucky to have you here in
Nevada County. Is your show carried on other stations? My Dad lives in Utah
and would like to listen".

Katlin, thanks for such kind words. As of today, although about 35 stations
air Money Matters at some point or another, I don't show a Utah station
downloading the news or show. You can always tell your Dad to ask the local
community radio station to contact me to carry the show.

Siek says:
"I have lived overseas and here. I must say what once I thought was a free
country is turning into a middle-eastern like plutocracy. Do you see this
country returning to its past belief and doctrines of allowing its citizens
to just live their lives, or do you see more and more control being
initiated by your government?"

What a great question Siek!  I wish I knew! I know I HOPE we return to our
roots but more and more control is definitely the way we look to be heading.
I hope someday more Americans wake up and smell the toast and push our
representatives to read the Constitution and follow that well constructed
document!

Juliane asks:
"My mom is retired and living on a small social security payment and a small
stock account my dad left her. She wants to sell the stock and just put the
money in the bank. I think she should stay in stocks for growth. What's your
opinion?"

Juliane, without knowing more it's tough to call but usually people with a
small amount of funds should be in NO RISK assets and that would mean
savings. To be sure I would have to see the entire picture.

Carl asks:
"Do you still think energy is the place to be? You were a big fan years ago
as well as commodities."

Carl, what a great memory and obviously a long time listener. Yes I do still
favor commodities. They steadily protect against inflation because they are
inflation! For a portion of my money I am definitely in this asset!

Sasha ask;

"Marc, my woman's group would like you to give a talk on investing for
woman. Do you do that?"

Sasha, are you referring to See Jane Do or another woman's group? I have
given many classes to groups of all sorts. Sometimes there is a fee and
sometimes there is not. Email me with your details. I love to give talks and
classes!

Jalle says:

"Most everything you said came true and I saved thousands on a house because
I sold it into the crash as you suggested and didn't wait for prices to drop
even more which they did. (We met at a dinner function once if you recall).
I never emailed you to thank you! My question is I now want to invest in a
private company that is developing a new source of fresh food trucks. What
do you think of this?"

Jalle, thanks for the kudos. I am so glad you did well on the house deal. As
for private placements and investments, I am not a big fan of these; I have
seen too many people lose their money. That being said I am not one to
evaluate something I have not seen. Just be careful and do your diligent
research before giving anyone your money!

----------------------------------------------------------------------------
---------------------------------------

That's it for todays Q and A but if you have a question, feel free to email
me at moneymatters at kvmr.org.

Turkey Matters is still in play where I match your check to any food bank.
Mail in your check made out to that food bank at KVMR, 401 Spring St, Nevada
City CA 95959.

A 2 hour membership drive is on November 7th. We are offering a MONEY CLASS!

Tune in!  Noon to 2:00 pm. KVMR FM RADIO.

All for now,

Marc

  _____  

Do Not Reply to newsletter messages directly.

Direct all questions or comments to Moneymatters at kvmr.org.
All comments or questions must be less then 3 sentences in length and must
not contain any links or articles.

You can access past updates at: http://www.moneymanagementradio.com

Disclaimer:

The views expressed here are opinions only.  It is a private email
subscription and is produced by Bay Area Process Inc. All issues regarding
this email should be sent to Marc Cuniberti and/or his agents.

This article is strictly for informational purposes only. It is not a
solicitation to make any exchange, buy or sell any precious metal products,
commodities, securities, stocks, warrants, options or other financial
instruments. Marc Cuniberti, author of this article, does not accept
culpability for losses and/or damages arising from the use of this
publication or any information contained herein. You are responsible for
your investing. Perform due diligence on any firm you plan to send money to.
Mr. Cuniberti makes no claim as to the validity or soundness of any firm or
institution mentioned herein or on any of his publications or shows.
Investing involves risk. You can lose money. Please order up the prospectus
on any and all securities you may be planning to buy and do your own
research before investing. Mr. Cuniberti may or may not hold the securities
listed. Some companies mentioned or exhibiting advertisements or banners on
Money Management Radio material may offer a consideration for their
advertising space and/or referrals from such promotions.

If you wish to send Mr. Cuniberti an email, please keep your emails to less
then 3 sentences and do not ask about specific holdings you may hold nor ask
him to comment on YOUR specific situation. You may submit general market
questions or concerns. He answers EVERY email sent to him within the
confines of these rules. Someone will respond to your email regardless of
what it contains so you will know we received it. We care about your
participation in Money Management Radio and Money Matters.

If you like what you hear on Money Matters, check out what else is happening
on your community radio station, KVMR, on Facebook.com. You'll be kept up to
date on special programming, events, discussion opportunities, and lots
more. Go to Facebook and type KVMR in the search bar. You can become a fan
of MONEY MATTERS on Facebook by going to:
<http://www.facebook.com/profile.php?ref=name&id=1602502823#/pages/Money>
https://www.facebook.com/KVMRFM

Produced and Hosted by Marc Cuniberti

Web Site: http://www.moneymanagementradio.com

Money Management Radio is the sole property of Bay Area Process Inc. and all
rights are reserved. Money Matters is produced and written at KVMR FM in
Nevada City and all related information given under Money Matters is through
KVMR FM Radio.

"Money Matters" and "Your Money Matters" is aired throughout Northern
California and the State Capitol.

Marc and Money Matters has been featured on NBC and ABC television and on
various news programs and documentaries.
Northern California's # 1 "alternative" economic show.
"Know the Truth and the Truth Shall Set You Free" John 8:32
Carried on bandwidths: 89.5 105.1 95.1 103.7 90.1 91.9 FM Radios throughout
Northern California and the State Capitol.
Worldwide on the web at KVMR, <http://WWW.KVMR.ORG>  KZFR <http://kzfr.org/>
, KQNY <http://www.kqny.org> , KFOK <http://KFOK.org>  FM RADIO and
affiliated stations.

His newscasts are available nationally at PRX:
http://www.prx.org/users/133307-marccuniberti

Where I buy some of my gold and silver: What I call "Possession Gold". See
below.

At this time, email me if you wish to buy physical gold or silver at
marc at moneymanagementradio.com. or for infomation on moving money offshore.

Follow Marc Cuniberti on Twitter <http://www.twitter.com>  for daily Money
Matter updates.

Unsubscribe
<http://moneymanagementradio.com/newsletter/confirm/remove/8b23f23f4919t5>
from this newsletter

- - - This is a test version of the newsletter. - - - 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mailman.jtan.com/pipermail/money-matters-l/attachments/20131026/7f1ab419/attachment-0001.html 