We are not asking, we are telling the adult children of high net worth senior citizens to watch their parent's money like a hawk. This also translates into go to cash, or as a hedge against inflation buy silver.
(PRWEB) March 05, 2012
The Wall Street Fraud Watchdog is the premier advocate for US shareholders, and investors, and the group is saying, "If you are the son, or daughter of a high net worth senior citizen parent, or relative do not let them buy into some stock broker's, or investment advisor's hype about CNBC's rah-rah nonsense about the US Stock Markets going higher, and or their hype about the US economy about to become a rocket. We greatly fear the US & global stock markets are going to tank, we are certain we are about to have a really, really big war in the Middle East involving Iran, and its neighbors. Higher gas prices, inflation, and higher unemployment are the only things we see going up, in at least the US. As we look out to election day, we also see the most divisive US Presidential, and Congressional election cycle ever, with the theme song being wealth redistribution; so we are not asking, we are telling the adult children of high net worth senior citizens to watch their parent's money like a hawk. This also translates into go to cash, or as a hedge against inflation buy silver, or oil company stocks-period." http://WallStreetFraudWatchdog.Com
The Wall Street Fraud Watchdog says here are the facts about our concerns about high net worth senior citizens being separated from their hard earned money by an unscrupulous stock broker, or investment advisor, "The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February,” Gallup said in its mid-month unemployment survey, released on February 17 2012. The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January.”
- According to the Associated Press on February 29th 2012, "The rule of thumb among economists is that a 25-cent increase in gas knocks $25 billion to $30 billion off consumer spending in a year and lowers economic growth by 0.2 percentage points." The Wall Street Fraud Watchdog says, "We now believe a major Middle East war is inevitable. We also fear a Middle East war that is forced on Sunni Muslim Countries, and or Israel means much higher gas prices-like $5.00+ per gallon in the US. So using the old $.25 cent rule used by economists-what would a $200 to $300 billion dollar drop in consumer spending mean for the US economy? Does any of this sound really good for Wall Street, or main street?"
- According to the Daily Mail of London on February 28th 2012, "US Home prices at the end of 2011 fell to levels not seen since 2002, thanks to a glut of foreclosures and millions of houses still worth less than their mortgages." The Wall Street Fraud Watchdog says, "Our big worry is many US banks are really going to start unloading their pipelined millions of US foreclosures, with all of the State Attorney General settlements behind them. We think this could further devalue US residential real estate valuations by another 5% to 10% just this year alone." The Wall Street Fraud Watchdog says, "So why do you think we are so worried about high net worth senior citizens, and their hard earned money? We are also firmly believe the adult children of high net worth senior citizens need to watch their parents money like a hawk, because we don't think 2012 ends well for people who buy into the hype; especially when its hype from desperate unscrupulous stock brokers, or investment advisors." http://WallStreetFraudWatchdog.Com