Author: BlackMask Pod Cast

Here are my top ten suggestions

1. Get out of all debt.
2. Leave a paper trail that makes sense. Two worlds you live in, the seen and unseen
3. Dump all stocks and mutual funds.
4. Get out of ALL real estate unless it’s your abode.
5. Keep in the banking system only enough money to meet your cash flow short term transactions.
6. If you can find a little business that gives you CASH flow and something you can point to that would be smart. Get people you trust to run it for you.
7. Wealth should be stored in US government treasuries.
8. For now short term treasuries under 1 year… preferably T-bills.
9. Do NOT, NOT BUY US government Bond Funds but the actual treasury in your name through treasury direct or at a broker segregated in your name.
10. Speculating is more tricky than ever… Why do it? Because IF, IF, IF, IF, IF we get it right, thousands can become millions.

Although Powell is seeming calm, these are very troubled times. The FED Reserve says all deposits in all bank accounts are insured for the full amount. Janet Yellen says they are insured on a case by case basis. Despite the brave face, there is confusion and fear.