November 29, 2008
by Zen Garcia

On October 12, 2008, I released a three-part video explaining in detail the current collapse of the global market system and how this would lead to international monetary regulation i.e. world government and the unveiling of a new global currency.  The Dow was still almost 11, 000, when my parents called me concerned about their investments.  This after assuring me for years that they had no market exposure.  I had been imploring them for years to get out of the market and to reallocate their money into precious metals. 

Finally, after hearing about the collapse of Lehman Brothers and Bear Stearns, my father decided maybe there was something to me telling him years in advance that banks were about to start collapsing and that truly we were at the beginning of sorrows. Once the terrible news began flooding in, they asked me what I thought they should do.  I told them what I had all along, get out of the market immediately.

Sunday October 5th, after heated arguments with my mother about getting out of the market, my father finally decided to side with me.  At that time my mother was mad because she still felt like now was the time to buy rather than sell And that in the least it would come back.  All of her friends and many of her wealthy family, were still listening to the talking heads on TV babbling about how this was an unprecedented historical buying opportunity.  The Dow is now 8497 and they're still saying the same thing even though there is now more pessimism as to the current state of the economy.

Regardless I was just glad that they decided to listen and my father gave me full access to his Etrade investment account.  That Monday October 6, the Dow dropped 770 plus points from 10325 to 9955 and panic entered into the market as volatility began to rise.   I informed my parents that they had lost 30,000 of the $80,000 that was in this account, but that if they did not want to lose any more to let me protect them .

My parents then agreed to let me do what I thought would be best.  I held my father's stocks for one more day thinking that there would be a rally at least into the morning of the next day.  Sure enough in the morning the Dow was up 150 to 10095 and I began dumping all of the stocks that my father owned into that rally.  By the end of the day the Dow had shed another 200 points moving to 9447.  Over the next three days the Dow dropped to 8451.

On October 6th, I was able to salvage $47,823 from what was left of my parents investment account.  I then transfer this money to my parents bank account wherein they've since put it into money market investments, municipal bonds, and treasuries.  Feeling that the market would still drop precipitously, I began to short certain retail, casino, technology, and regional bank stocks.  I told my parents as crazy as it sounds what the people do not know is that the Illuminati global elite plan on bringing down the entire house of cards in order to further their plans for world government.  Since,  selling everything on October 6 I have saved my parents over $13,158 in decline while also profiting on shorting.  I still feel the Dow will move lower  possibly even into the 6000s. 

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There still exists much downward momentum for continued market decline regardless of what the bobble heads on bubble vision say.  Every day people's entire dreams and hopes for future are evaporating leaving many hopeless and disenchanted with Wall Street.  Many will walk away from this market never to return.  I believe the reason the market will continue to drop is:

   1).  We are moving from a global recession into a global depression.    2).  A lack of confidence in market fundamentals and true evaluations will continue, so long as the idiots who created this mess are still in control of government and the financial institutions of the              world.    3)   The crooks in government and Wall Street are still in power and celebrating the greatest transfer wealth in American history by splurging on taxpayer bailout money.
We know that companies plan on paying dividends and huge bonuses with the bailout money that was said to be needed to shore up capital liquidity.  I bring this information to you now in hopes that you will watch the three videos that I made early October and released on October 12. 

Many of us at The Populist Party of America spoke of this collapse months even years in advance.  We hope that you will listen now to protect your financial investments and the well-being of yourselves and family.  As we are spiraling through this period of devaluation, a perfect opportunity presents itself to take delivery of precious metals as prices have come down artificially due to the massive liquidation of anything with value, as people move to acquire cash to settle debts and payments.  The reason there is a mad rush for cash is because individuals and institutions are scrambling to cover debts and cover margin calls.

To understand the overall picture, one must realize that the money supply has been contracted as it was before the Great Depression so that global prices and markets crash simply from the lack of available money and credit to pay off bills and debts.  This massive devaluation will leave global assets at fire sale prices which is exactly what the wealthy elite desire to be able to sweep in at the low end of the downside were their wealth will have the greatest impact. 

I believe you still have a few weeks to move to reallocate funds and if possible take delivery of metals.  At some point metals will definitely outpace and outperform any paperbacked promissary note devoid of any asset backing.  After this initial period, metals will not be available for purchase, by then it will be too late and there will really be nothing that you can do other than get in the government ration line.  Please watch these videos.  God bless.

Zen Garcia

http://www.youtube.com/watch?v=ih_925U6Aus

http://www.youtube.com/watch?v=WSxokiKD3dM

http://www.youtube.com/watch?v=M_-H1SUb9d8

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Zen Garcia [send him email] is Executive Director for Endeavor Freedom Inc., Executive Producer for EndeavorFreedom.TV, and Chairman of the board for Multiple Choices -an Athens, GA area Center for Independent Living. He is the author of three books; Look Somewhere Different, When the Evening Dies, and A Different Way of Being. A one time columnist with Disabled Dealer Magazine, Zen is now a regular contributor to the Populist Party of America.