A Woman Who Will Scare the H*** Out of You

[ArnoldW2]

In another message thread, the Gorn wrote:

"I believe that outright scams have become an almost-legitimate business model. They are pervasive."

He is more right than he realizes.  Here is a link to an interview of a woman who shut down her commodities trading business in the wake if the MF Global scandal.

Fortunately, neither she nor here customers were victims (at least not yet anyway).  But she concluded that there was not other way to protect her customers from having all their money stolen - by someone like Corzine if not Corzine himself.

When you are through listening to the interview, you will feel a powerful urge to close all your accounts (bank, credit, brokerage, retirement, etc.) and hide all your money in your mattress.  You may laugh now but, once you hear her, you'll realize I'm not joking.

The interview is available in four different audio formats.

http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/12/01/ann-barnhardt/entire-futures-options-market-destroyed-by-mf-global-collapse

IMPORTANT:
Read the article at this link to understand the risks of leaving the financial system altogether, or if you decide to do it anyway, what it really takes.  Then you will be able to make some rational decisions instead of frightened decisions.

Pay special attention to the paragraph under the heading "Systemic Risk" in this article.

http://www.financialsense.com/contributors/cathlyn-harris/logic-logistics-of-market-flight-repatriation

[David Randolph]

Yes, the world is a scary place.
Do a search on ship wrecks. Pirates, weather, and competition used to sink a lot of investments.

[unix]

I thought what I said was radical until this.
Mostly looks like a sales pitch for something, but hmmmm.  You know, TSHTF (The Stuff Hit The Fan) may not be a global even, but a local one. I am sure many will thrive just fine.

For others, hyperinflation followed by WWIII?

Just to cheer you up folks on a chilly winter day.