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The EURO – It looks like the EURO might have had it. Suggest closing out EUROS and holding USD for the very very short term. You might be able to grow your capital this way but do not hold USD very long. The USD will be gone when the USA is gone. Not long now. Convertibility of the EURO may be problematic as EU nations begin to go back to their own currencies. Suggest holding local currencies in Central and South America. Avoid investments or real estate in those nations using the USD, specifically Panama, El Salvador and Ecuador. Consider relocating to a Central or South American nation. Consider buying food producing land. Consider using their local currency as long as it is not pegged to the USD. Look for a twelve month growing season. The full tropical nation's weather can inhibit the growing of some crops but they do have a twelve month growing season. Semi-tropical is better in my book. The ones that get out of the USA first get out with the most. Just watch the news reports on the middle east. It is coming and fast too. I expect the next sign will be factions fighting the government. Could be some factions will fight other factions. The Occupy movement is the first sign of this.
Egypt – The first vote since Mubarak is taking place today. Very possibly the muslim brotherhood types will get control over the nation and nullify the peace treaty with Israel. We'll see.
Iran – Today Iran pushed a bill through their parliament downgrading ties with the UK as a retaliation against sanction imposed on IRAN. They will be expelling the British Ambassador. The legislators were chanting death to England while voting.
Iran rushes through law expelling British ambassador
A blast was heard today in the Iranian city of Isfahan where there is a uranium conversion plant. The government is admitting the blast and at the same time denying it.
Report: Explosion rocks Iran city of Isfahan, home to key nuclear facility
Russia – Now Russia is deploying an aircraft carrier group to the Syria port of Tartus. It is also going to be accompanied with a destroyer. They already have three warships there now. War time.
Russia sends aircraft carrier to Lebanon, Syria
Libya – Libyans are demanding that the country's constitution be written based on sharia law. Obama will for sure agree since he wants sharia law for the USA. Can someone say 'Jihad”.
Libyan clerics back disarmament of ex-rebels
Kuwait - Two warships from China on Sunday docked at Kuwait's Shuwaikh port to start a five-day official visit to the Gulf Arab emirate. Russian and Chinese warships in the region at same time. War time. The tour by the destroyer "Wuhan" and the frigate "Yulin" marked the first visit by Chinese naval vessels to Kuwait since the two countries established diplomatic ties 40 years ago.
Chinese warships visit Kuwait to boost military ties
Get Out Now – Time is short folks. This is probably the last newsletter that I can write without using the bible (OT mostly but also NT) to explain current events. America refuses to cease and desist from it evil ways.
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*Offshore Legal Associates Law Firm.We have no legal ties or associations with any other law firm or corporation with similar or like sounding names anywhere and should not be so confused with any other entity having a similar or like sounding name.