The problems in Europe are causing serious problems for the Derivatives market...This is a serious problem for the World Economy...This could turn into a major loss in all markets, all asset classes...no safe haven...I strongly recommend to move any investments into cash for at least the next couple of weeks...Until the Derivatives market is stable again...if that is possible...Even Gold is not safe at this point....Man that is grim...Hopefully this will only be a short hiccup....but at this point that does seem to be the case...Be strong...Be firm...just tell your broker that you want to move to the sidelines for a couple of weeks...do not let them dissuade you....when it falls if may be VERY,VERY fast..drop there may not be time to move out once it starts...The facebook events is distracting attention from this issue...Monday attention will of course go back to what is important...the Derivatives market...JPMorgans growing loss is just the tip of the Ice-burg...GET OUT NOW!...Be smart...Be safe...two weeks out that is all I ask...Good luck my Friends....Something Wonderful is happening...We did not fix the problem after 2008 we left enough rope with the banks and guess what they did with it...Yep they Hung themselves....In the long run this is best for all of us...they were merely ticks on our backs anyway...serve no purpose but to suck the life out of us...well that is over....Good luck my Friends...
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