How the Credit Disaster Is Now Spreading, Next Dominos to Fall
Stock-Markets / Credit Crisis 2008 Sep 08, 2008 - 02:04 AM GMTMartin D. Weiss writes: We are busy preparing for Hurricane Ike. Everyone in Florida knows what to do. And hopefully, it will pass us by.
But the financial pandemic that's spreading to the entire economy is another matter entirely.
It's the contagion now spreading beyond banks to many of America's largest and most widely held companies — retail firms, tech companies, industrial giants and more. Do you own their shares? I hope not.
Look. More than three years ago, we listed 25 real estate companies, construction firms and lenders that were about to get creamed, and told you to "avoid them like the plague."
If you heeded that warning and dumped those stocks, you escaped a personal financial catastrophe as they crashed 92%, 93%, 95%, 99% even as much as 100%.
Now we have a new list. It's based on hard data showing that, to survive, thousands of banks, thrifts and other lenders are giving borrowers the cold shoulder, rejecting their applications for loans. As a result, major companies that absolutely require an active credit market to finance consumer purchases are the next dominos to fall.
Their stocks — many of the most widely-owned household names in the nation — are about to be reduced to ruins. If you own them, either directly or through a mutual fund or pension plan, you must take protective action now.
Our primary mission is to do everything in our power to alert you to these new dangers and help you keep your money safe. So at 2:00 PM Eastern Time on Monday, September 15, Mike and I will do just that — in a complimentary crisis briefing entitled ...
PLAGUE TO PANDEMIC
Why Banks Are Just the Beginning.
How the Credit Disaster Is Now Spreading.
The Next Dominos to Fall.
How to Go for Windfall Profits.
In this free, one-hour video webcast ...
- We will show you the hard evidence that diseased lenders are now dooming the sales and earnings of many of America's most widely held companies.
- We'll name the companies that are already feeling the pain and that are most likely to be crushed first as the credit contagion spreads.
- We'll list the widely held stocks you shouldn't touch with a ten-foot pole now; shares that are sitting ducks for massive declines and even bankruptcy.
- And, we'll introduce you to investment vehicles and strategies that fit this new environment hand-in-glove and that offer you substantial profit potential as the weakest stocks crater.
This video webcast is our gift to you
but you must register now to reserve your place.
This Crisis Briefing is a must-attend event for you if you own a single U.S. stock, mutual fund or ETF: In one, short hour, we'll give you the documented, unhedged facts you need to protect your portfolio.
Plus, in the last few minutes, we'll also introduce you to a service created to help you protect your money and profit in troubling times like these and offer you a $189 gift certificate just for attending.
And remember: Plague to Pandemic is absolutely free; no strings attached. But to make sure you receive your instructions for attending in time, we must know you're coming.
My heartfelt advice: If you value the safety of your investments — and especially if you're looking for a way to keep it growing in this perplexing environment — click this link to register now, while you still can!
Good luck and God bless!
Martin
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