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JT Grenough

Repositioning Your Assets to Avoid Losses

by Michael Myers on March 15, 2009

 JT Grenough recommends a macroeconomic view of adapting to the financial crisis.

You have to consider macroeconomics before you reposition your assets.  You have to reposition
assets.  You have to close all major risks.  Exit the majority of money funds and currency time
deposits, step up gold and oil positions, and move into non-US government bonds in First World
nations.
  Switzerland is a prime consideration, but there are first-class world banks with branches
just a short flight from Florida. You have to modify your thinking as if you are on a special ops
tour of duty.  Otherwise the current toxic economic environment will continue to deplete non-
repositioned assets.  

JT Grenough (New World Order Economics – What You Can Do To Protect Yourself , published Jan 2009)

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