Chaos, Cyprus, Manipulation & How To Protect Your Money
April 8, 2013
Today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, warned that time is running out for investors and they need to act quickly. He also focused on what investors around the world can do to protect themselves.
Below is Fitzwilson’s exclusive piece for KWN:
“Conversations with clients invariably touch on what form the resolution of the dysfunctional global financial system will take. We have written that the system is set up for chaos, so trying to predict a chaotic, random outcome is a fool’s game.
While we know that the resolution will be a bad one, perhaps it will not be as chaotic or random as logic and prior experience with markets would predict. Strategies based upon functioning markets and the rule of law can be a handicap when divining how events will unfold this time. Financial repression acknowledges belief in markets and the rule of law as tools to be used to manipulate the perception of the public and investors.
A disturbing pattern of events is suggesting that the outcome will not be chaotic as in the past….