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Your stocks are NOT safe

 
snark

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10/06/2012 06:44 PM

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More from Jim:

My Dear Friends,

The Sentinel Ruling is now a legal precedent. In bankruptcy of your bank, broker or fund, you can find your assets in the majority of cases are backing the liabilities of the entity in front of yourselves. This is why you must act to protect yourself.

No one in this financial world is going to do it for you, and few will have the courage to recommend you escape Street Name. The Sentinel Ruling is the law and you can wake up one day and find out that your investments are gone.

The insurance programs will function as long as the incidents of bankruptcy are isolated events.

In a systemic collapse the insurance funds are not capitalized to meet the potential obligations. The guarantor you are relying on will have to be bailed out.

For securities there are only three ways to hold them:

1. Street name.
2. Direct registration.
3. Certificate form.

Anyone advising you to stay with the Street Name option is a babbling idiot not interested at all in your welfare.

In street name the inferred ownership is the broker or bank, not you. In Direct Registration and Certificate form, the distinct ownership is you.

In 99.9% of the cases of retirement accounts the answer is you are in Street Name.

How are your securities held? Do you even know? I dare you to ask!

Do you know what your broker’s capital ratio is? Find out as that number is the order of magnitude at which your broker is gambling on with primarily your money. I dare you to ask.

This time around those investors that are too lazy to consider protecting themselves will be demolished.

How would you like your gold shares at $3500 gold, outperforming gold, and one morning you wake up to having nothing anymore? It is because of the Sentinel Ruling that you now are behind the back burner in a bankruptcy situation with any fiduciary.

The system and their minions will do everything to keep you trapped in Street Name. Articles will be published trying to put you back to sleep on this issue.

Wake up, please.

Regards,
Jim
 Quoting: No Dhimmi

^^^^^THIS^^^^. Many years in the investment biz here as well. The SIPC is more worthless than the FDIC.
T For Texas, T For Tennessee!


The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis
Anonymous Coward
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United Kingdom
10/06/2012 06:46 PM
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Re: Your stocks are NOT safe
no shit! have you only just found this out jesus where you been hiding
Anonymous Coward
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10/06/2012 06:50 PM
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Re: Your stocks are NOT safe
Well, let's see if I can get anyone to believe me here. I tried to post about this topic on another forum-which-must-not-be-named and was basically laughed off the thread.

Here it goes: I've never, ever have written a thread like "My uncle told me the world's gonna end next week, but I can't tell you why" before, but I'm afraid this is such a thread.

Not that the world will end (at least not that I know of). Also, I want to make this clear from the get-go: THIS IS NOT A PREDICTION OR A PROPHECY!!!

I'd love to go into the details, but I'm working for an investment firm which is gonna write about this situation in one of its paid services, so I can't front-run them -- a) it wouldn't be right, b) I could get in trouble for it.

So as much as I'd like to give you all the juicy tidbits, I'll have to be somewhat vague with this.

PLEASE NOTE: this is NOT a conspiracy theory; it's fact and can be checked. There's no doubt about this, and I haven't heard it from some obscure source -- this info comes from a big-time hedge fund guy who has done a lot of research and by chance found this out.

So, after all the disclaimers, I'll tell you what I CAN tell you, and I really hope that someone on this forum will take this seriously. You're welcome to check my thread record -- I'm not a nutcase (well, not more than most here anyway ;)), and I'm working in the investment biz.
bsflag
I found out yesterday that contrary to what most people think, stocks aren't safe at all -- what I'm saying is that ordinary stock investors like you and me have basically no protection whatsoever. What happened with MF Global and futures investors can happen with stocks to anyone with a brokerage account.

I hope people here will realize how HUGE this is, without me having to spell out every little detail...
 Quoting: sylvie


bsflagbsflagbsflagbsflagbsflagbsflag

and a YAWN to boot

whatever
No Dhimmi
Proud Infidel

User ID: 22312840
United States
10/06/2012 06:50 PM

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Re: Your stocks are NOT safe
Greg Mannarino People Are Going To Be Slaughtered Who Are Not Ready For This

Greg Mannarino says, "I believe there is going to be a consolidation of power just like there was after the crash of 2008." Mannarino is a former Bear Stearns floor trader who recently released a new book titled "The Politics of Money." He's a fan of anything tangible, and that includes physical gold and silver. For anyone who does not hold physical assets, Mannarino says, "People are going to be slaughtered who are not ready for this." Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Greg Mannarino.


Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 19961452
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10/06/2012 06:51 PM
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Re: Your stocks are NOT safe
My cousin, who is a middle of the road school teacher, has mandatory payroll deductions, which end up going into some kind of market scheme. Teachers and others like him who just work for a living and try to put something away for the time when they can no longer work are the ones who suffer and will continue to suffer from the brokers and banksters gambling with their money.

They aren't rich bitches, they are just average Joes, trying to be responsible, and they are being screwed by Wall Street, their government, the banks... the entire financial establishment and their lame, blind and halt overseers at the SEC.

Barney-Frank legislation is supposed to fix this, but deep down inside, that legislation will allow the government to step in and take over your bank and your deposits without prior notice. Oh, great! Now we have the government, ever responsive to the citizens' needs, owning our savings, instead of the brokers owning our stocks.

huffy
telling it straight

User ID: 1461054
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10/06/2012 06:53 PM

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Re: Your stocks are NOT safe
bsflag

What else are you supposed to do? Put the money in the bank and make 1% interest? Might as well just stuff cash in a mattress because you'll still get a negative return due to inflation. Gold? Silver? Yeah right. Buying those at near all-time highs sounds like a great way to lose your ass, too.

I'll keep my money where it is. SOME gold, SOME silver, SOME stocks, SOME fixed income and SOME cash. It's called "asset allocation" and "diversification." Whatever happens, happens. I'll deal with whatever eventuality comes to pass at that time.

What's it like living in constant fear and paranoia?

Enjoy "investing" in canned preps and clinging to your guns for the doom which will probably never come. I'll be busy enjoying my life.
 Quoting: Anonymous Coward 24152885


We had bad inflation overthe last ten years and it will continue on its course as the USD gets destroyed. But there is nothing to prepare for it long term. All one can do is realize things will never be the same.
 Quoting: Anonymous Coward 21211135


Even in Zimbabwe where inflation went berserk, stocks proved the best hedge against inflation. The market rose with inflation and provided a safer haven for maintaining value than their currency did.

The OP though appears to be implying that electronically held shares at a financial institution aren't safe for the investor if the institution goes under. I call BS on that for a variety of reasons I don't have the time to get into now.

The sad truth folks is that NOTHING is going to be a completely safe haven when this all goes down. People take away too simplistic views of the problems we're facing and assume gold or cash are the answer. Good diversification is the key because there's pros and cons with every investment including cash.
TheTruthWorker

User ID: 14354297
United States
10/06/2012 07:17 PM
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sherlock
TheTruthWorker

User ID: 14354297
United States
10/06/2012 07:24 PM
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Re: Your stocks are NOT safe
I buy physical gold and silver and have self storage.
 Quoting: Philligan


Not at these prices...

When it ALL comes crashing down...
 Quoting: Anonymous Coward 2475575


Two things to buy

- Income producing assets
- Precious metals

Not buying junk silver coins but waiting for a time to buy is a mistake. Buy now. Buy more on the way up. Buy more when it goes down. Keep stacking.
No Dhimmi
Proud Infidel

User ID: 22312840
United States
10/06/2012 07:27 PM

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Re: Your stocks are NOT safe
Priceless
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 25074058
United States
10/06/2012 07:28 PM
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Re: Your stocks are NOT safe
soon, the usa will be this. [link to www.chinasmack.com]
No Dhimmi
Proud Infidel

User ID: 22312840
United States
10/06/2012 07:30 PM

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Re: Your stocks are NOT safe
Dollar Value
:Gold Bubble Not :
:Bubbles of the P:
:803 years of inf:
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 19199109
United States
10/06/2012 07:38 PM
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Re: Your stocks are NOT safe
I prefer beef stock.
shamlet76
User ID: 25090864
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10/06/2012 08:02 PM
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[link to www.freerepublic.com]


this article shows that the brokers/dealers have successfully converted our $ into their $.
broker/dealers are not agents, they are OWNERS of your $. we are funding their lifestyles and choices.
if they go bankrupt, they pay the SECURED creditors first, the banks, their lenders. customers are unsecured creditors, they have no such agreement with their brokers.

brokers have taken title to your portfolio, your $.

Sentinel allegedly pledged hundreds of millions of dollars in customer assets to secure an overnight loan at Bank of New York Mellon, leaving the bank in a secured position but Sentinel's customers out millions.

the customer's assets are in line after secured creditors and just before stockholders. this means the broker/dealers and the banks have successfully taken title to YOUR investments and are acting as a principal, not as your agent. given leverage and off-balance sheet arrangements, your $ is at risk.

$ is just a medium of exchange, a storehouse of value. it's only as good as the next person says it is. governments issue $. but with leverage and electronic settlement, the broker/dealers and banks have been issuing $. much has gone overseas. think they can settle the $800 trillion in swaps? annual world GDP is only about $65 trillion.
Anonymous Coward
User ID: 25074836
United States
10/06/2012 08:10 PM
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Re: Your stocks are NOT safe
You mad bro?
 Quoting: Angelic_Warrior



Probably a democrat


Thank you OP for the head's up. Is there anyplace that is more safe? Just thought I'd ask embarrasse
 Quoting: sylvie


Physical gold and silver; property -- best would be good farmland; if you want to stay in stocks, spread them around different brokerages.


how is charles schwab
Watchdog 777
User ID: 25042530
United States
10/06/2012 08:28 PM
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Hmmm... no comments at all on this?
 Quoting: sylvie


Most people are trying to keep from being homeless and you want to talk about stocks, 401K's and IRA's. You stupid rich bitch, what "advice" you are giving was needed maybe 5 years ago. Too late for most.

Now it's just some rich bitch wringing her hands about her fucking money!

Kiss my ass.
 Quoting: Anonymous Coward 22421783


Your vulgarity proves your ignorance and stupidity. Let me take a wild stab . . . You're mad at the whole damn world, everyone else makes mistakes, but certainly not you, your (insert appropriate noun here) dumped you, your boss fired you, mom and dad never understood you and God doesn't exist. Quit feeling sorry for yourself and get off your deadbeat, disenfranchised, entitled ass! MOST people with stocks, 401Ks and IRAs are just average joes trying to do what they can to survive when the ENTIRE system is working AGAINST them, stealing what they WORKED for their ENTIRE lives! No doubt, when the SHTF, people like you will also bitch about those who've managed to stock up on a few cans of Spam. You'll be the first on the front lines, trying to loot, steal and pillage, rationalizing that the world OWES you! WRONG again! WORK at getting a BRAIN first, then you can open that deep, black hole that knows how to do nothing but spew VOMIT!
 Quoting: Watchdog 777 25042530


Your vulgar and disparaging post to 83 hasn't won anyone on the fence over either. Youre just as vile. Just saying.
 Quoting: Anonymous Coward 21211135


Did I hit it too close? Then I apologize for my use of damn...ass...SHTF...and bitch. Oh, but wait, that's not what you meant. You meant disenfranchised...deadbeat...entitled...black hole...vulgarity...ignorance...stupidity and vomit. In other words, you probably don't appreciate my philosophy. Yes, I know that the truth and telling it like it is these days is considered "hateful" and "hurts". But I guess it's ok to call someone a f...... b.... Haven't checked yet, but I bet you didn't even think of criticizing 83 about cussing.
sylvie (OP)

User ID: 25044892
United States
10/06/2012 08:31 PM

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Re: Your stocks are NOT safe
Hmmm... no comments at all on this?
 Quoting: sylvie


Most people are trying to keep from being homeless and you want to talk about stocks, 401K's and IRA's. You stupid rich bitch, what "advice" you are giving was needed maybe 5 years ago. Too late for most.

Now it's just some rich bitch wringing her hands about her fucking money!

Kiss my ass.
 Quoting: Anonymous Coward 22421783


Your vulgarity proves your ignorance and stupidity. Let me take a wild stab . . . You're mad at the whole damn world, everyone else makes mistakes, but certainly not you, your (insert appropriate noun here) dumped you, your boss fired you, mom and dad never understood you and God doesn't exist. Quit feeling sorry for yourself and get off your deadbeat, disenfranchised, entitled ass! MOST people with stocks, 401Ks and IRAs are just average joes trying to do what they can to survive when the ENTIRE system is working AGAINST them, stealing what they WORKED for their ENTIRE lives! No doubt, when the SHTF, people like you will also bitch about those who've managed to stock up on a few cans of Spam. You'll be the first on the front lines, trying to loot, steal and pillage, rationalizing that the world OWES you! WRONG again! WORK at getting a BRAIN first, then you can open that deep, black hole that knows how to do nothing but spew VOMIT!
 Quoting: Watchdog 777 25042530


hf
sylvie (OP)

User ID: 25044892
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10/06/2012 08:33 PM

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Re: Your stocks are NOT safe
Most equities are recorded in "street name" - not your name, even in your 401 and pension.

related from Jim Sinclair:

Before you give up on finding a solution to protecting your retirement accounts against the real risks of street name, please Google "Self Directed Custodians."

Yes, I have names, but in this world recommending anyone is high risk. It is best for you to do your homework on who you find that will do what your discount broker or banks says no to.

They usually have legal opinions on their ways and means.

Regards,
Jim
 Quoting: No Dhimmi


This is exactly what I'm talking about. You think you own your stocks, but they can be taken away from you in a heartbeat.
sylvie (OP)

User ID: 25044892
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10/06/2012 08:34 PM

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Re: Your stocks are NOT safe
More from Jim:

My Dear Friends,

The Sentinel Ruling is now a legal precedent. In bankruptcy of your bank, broker or fund, you can find your assets in the majority of cases are backing the liabilities of the entity in front of yourselves. This is why you must act to protect yourself.

No one in this financial world is going to do it for you, and few will have the courage to recommend you escape Street Name. The Sentinel Ruling is the law and you can wake up one day and find out that your investments are gone.

 Quoting: No Dhimmi


This is it, exactly.
Anonymous Coward
User ID: 25006973
Thailand
10/06/2012 08:35 PM
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Re: Your stocks are NOT safe
Real funny assholes here. Poor people are a real funny topic? Angry? Fuck yes.

People that can't see the pain right now in the world disgust me. Actually I got out of stocks and cashed in my 401K long ago and did just fine.

The utter lack of compassion and lack of awareness is disgusting. I can just hope that most of you are just stupid kids.

If not, may God help you...
 Quoting: Anonymous Coward 22421783


I hate how some people laugh and mock when others have their life's savings destroyed.

They will (and are being) judged with the same measure they use on others.
sylvie (OP)

User ID: 25044892
United States
10/06/2012 08:42 PM

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[link to www.freerepublic.com]


this article shows that the brokers/dealers have successfully converted our $ into their $.
broker/dealers are not agents, they are OWNERS of your $. we are funding their lifestyles and choices.
if they go bankrupt, they pay the SECURED creditors first, the banks, their lenders. customers are unsecured creditors, they have no such agreement with their brokers.

brokers have taken title to your portfolio, your $.

Sentinel allegedly pledged hundreds of millions of dollars in customer assets to secure an overnight loan at Bank of New York Mellon, leaving the bank in a secured position but Sentinel's customers out millions.

the customer's assets are in line after secured creditors and just before stockholders. this means the broker/dealers and the banks have successfully taken title to YOUR investments and are acting as a principal, not as your agent. given leverage and off-balance sheet arrangements, your $ is at risk.

$ is just a medium of exchange, a storehouse of value. it's only as good as the next person says it is. governments issue $. but with leverage and electronic settlement, the broker/dealers and banks have been issuing $. much has gone overseas. think they can settle the $800 trillion in swaps? annual world GDP is only about $65 trillion.
 Quoting: shamlet76 25090864


It's not just the Sentinel ruling. The regulations that changed the definition of a stock holding from "ownership" to a "contractual claim" (which means when push comes to shove, you own squat) were changed in 1994. I guess they forgot to send us the memo.

Last Edited by sylvie on 10/06/2012 08:42 PM
GFX guy

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10/06/2012 08:43 PM
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One word... Re-hypothecation
sylvie (OP)

User ID: 25044892
United States
10/06/2012 08:44 PM

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Re: Your stocks are NOT safe
[link to www.freerepublic.com]


this article shows that the brokers/dealers have successfully converted our $ into their $.
broker/dealers are not agents, they are OWNERS of your $. we are funding their lifestyles and choices.
if they go bankrupt, they pay the SECURED creditors first, the banks, their lenders. customers are unsecured creditors, they have no such agreement with their brokers.

brokers have taken title to your portfolio, your $.

Sentinel allegedly pledged hundreds of millions of dollars in customer assets to secure an overnight loan at Bank of New York Mellon, leaving the bank in a secured position but Sentinel's customers out millions.

the customer's assets are in line after secured creditors and just before stockholders. this means the broker/dealers and the banks have successfully taken title to YOUR investments and are acting as a principal, not as your agent. given leverage and off-balance sheet arrangements, your $ is at risk.

$ is just a medium of exchange, a storehouse of value. it's only as good as the next person says it is. governments issue $. but with leverage and electronic settlement, the broker/dealers and banks have been issuing $. much has gone overseas. think they can settle the $800 trillion in swaps? annual world GDP is only about $65 trillion.
 Quoting: shamlet76 25090864


^^^THIS^^^
sylvie (OP)

User ID: 25044892
United States
10/06/2012 08:45 PM

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Re: Your stocks are NOT safe
You mad bro?
 Quoting: Angelic_Warrior



Probably a democrat


Thank you OP for the head's up. Is there anyplace that is more safe? Just thought I'd ask embarrasse
 Quoting: sylvie


Physical gold and silver; property -- best would be good farmland; if you want to stay in stocks, spread them around different brokerages.
 Quoting: Anonymous Coward 25074836


how is charles schwab


I don't know anything about the health of specific brokerages. But if they go under, they'll take your money with them.
Anonymous Coward
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10/06/2012 08:53 PM
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Re: Your stocks are NOT safe
I only dabbled in the stock market for a little while, but it wasn't for me and I didn't feel good about having money in stocks, so I got out after a year or so.

Obviously, stocks are not *safe* (as in "bullet-proof") anyway; share prices go up and down, even more so when you move into the small-cap sector -- but that's not what I'm talking about.

What I'm talking about is that if you think you own shares of a company, YOU ARE MISTAKEN. That used to be the case, but isn't anymore. Unless you have paper stock certificates at home, like in the olden days, you have nothing, really. And they don't like to issue those paper certificates anymore so they can get on with their scheme.

If I WERE still in stocks at this point, I'd get out immediately.
 Quoting: sylvie


YES DO NOT USE 'NOMINEE' ACCOUNTS. GET PAPER CERTIFICAES FOR YOUR SHARES AND YOUR NAME ON THE REGISTER OF SHAREHOLDERS. THEN YOU OWN THE SHARES. OTHERWISE, YOUR BROKERAGE WILL USE YOUR SHARES TO SHORT YOUR SUPPOSED INVESTMENT.

THIS IS A FACT.
 Quoting: Anonymous Coward 24461947


Wow. I didn't think about that. Why is it I have to think of all the ways I am going to get ripped off before I purchase a stock, a car, a quart of milk? Maybe we have too many laws to protect us and instead, people ought to beat the shit out of crooks instead of relying on the gubmint to protect us?
sylvie (OP)

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10/06/2012 08:55 PM

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Re: Your stocks are NOT safe
I only dabbled in the stock market for a little while, but it wasn't for me and I didn't feel good about having money in stocks, so I got out after a year or so.

Obviously, stocks are not *safe* (as in "bullet-proof") anyway; share prices go up and down, even more so when you move into the small-cap sector -- but that's not what I'm talking about.

What I'm talking about is that if you think you own shares of a company, YOU ARE MISTAKEN. That used to be the case, but isn't anymore. Unless you have paper stock certificates at home, like in the olden days, you have nothing, really. And they don't like to issue those paper certificates anymore so they can get on with their scheme.

If I WERE still in stocks at this point, I'd get out immediately.
 Quoting: sylvie


YES DO NOT USE 'NOMINEE' ACCOUNTS. GET PAPER CERTIFICAES FOR YOUR SHARES AND YOUR NAME ON THE REGISTER OF SHAREHOLDERS. THEN YOU OWN THE SHARES. OTHERWISE, YOUR BROKERAGE WILL USE YOUR SHARES TO SHORT YOUR SUPPOSED INVESTMENT.

THIS IS A FACT.
 Quoting: Anonymous Coward 24461947


Wow. I didn't think about that. Why is it I have to think of all the ways I am going to get ripped off before I purchase a stock, a car, a quart of milk? Maybe we have too many laws to protect us and instead, people ought to beat the shit out of crooks instead of relying on the gubmint to protect us?
 Quoting: Anonymous Coward 25093406


Not a bad idea. ;)
Anonymous Coward
User ID: 25006973
Thailand
10/06/2012 09:00 PM
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Re: Your stocks are NOT safe
I have posted on other threads about the fate of North America. It is going down over the next 3 years.

I have known about this 4 1/2 years ago and have been systematically selling out, so now I have zero interest in USA stocks, money, bonds, etc ...

My humble advice to you is to turn to the Lord now while you can.

Gold and silver bullion is not going to be useful when the SHTF because nobody will need them. Panic will set in and people will only want to trade things they NEED. They will not need gold or silver. They will need things like food, spices, knifes, bullets, etc ...

The most important thing is Location, Location, Location. You need to get out of the urban areas now while there still is a market for your property. If you wait until after the riots start happening no one is going to want it !!

I know this for a fact because I owned waterfront land before Katrina came and scared the hell out of everybody. I had to wait years before I could sell it and that storm cost me at least 100K! It will be the same for the urban areas.

IMHO you are nuts to be in the stock market right now. If this election is not a blow out for the Obamination, then there will be riots in the cities and the stock market will crash.

Peace,
Uncle
Anonymous Coward
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Canada
10/06/2012 09:01 PM
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Re: Your stocks are NOT safe
Wise move... Get rid of all of your holdings tied to dollars, convert it and invest it in items of real value, and especially in survival essentials...

Before the first quarter of 2013.
 Quoting: Anonymous Coward 2475575


Yes after who ever it is is sworn in as CEO of the corporate states of America in January the collapse will be a go, I say March- beware the ides of march.
Anonymous Coward
User ID: 25006973
Thailand
10/06/2012 09:10 PM
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Re: Your stocks are NOT safe
Wise move... Get rid of all of your holdings tied to dollars, convert it and invest it in items of real value, and especially in survival essentials...

Before the first quarter of 2013.
 Quoting: Anonymous Coward 2475575


Yes after who ever it is is sworn in as CEO of the corporate states of America in January the collapse will be a go, I say March- beware the ides of march.
 Quoting: Anonymous Coward 3064678


IMHO I would sell before the election in case it goes bad.

Also I tried the paper certificates which is the subject of this thread.

WARNING: They did not send them to me REGISTERED and the mailman dropped them on the ground by my mailbox. So there some risk involved in this technique and you have to send them in to redeem them.

The best answer is NONE OF THE ABOVE. SELL SELL SELL

Anonymous Coward
User ID: 17256823
United States
10/06/2012 09:11 PM
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Re: Your stocks are NOT safe
stocks exist for plunder.
Anonymous Coward
User ID: 25074836
United States
10/06/2012 09:26 PM
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Re: Your stocks are NOT safe
Wise move... Get rid of all of your holdings tied to dollars, convert it and invest it in items of real value, and especially in survival essentials...

Before the first quarter of 2013.
 Quoting: Anonymous Coward 2475575


Yes after who ever it is is sworn in as CEO of the corporate states of America in January the collapse will be a go, I say March- beware the ides of march.
 Quoting: Anonymous Coward 3064678


they need to hav a scapegoat setup first before the collapse
it can be man-made or nature

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