iReckon ... exactly. We ALWAYS have all those IMPORTANT things in life. And that's a super important thing to remember.

I'm not an alarmist and I'm also not a financial advisor. I have NO IDEA what the true state of the Western Banking system is. I doubt that more than half a dozen people in the world know the answer to that question - and they certainly won't give us any "heads up"!! HAHA!!

But one thing that I learned from the Fukushima disaster is that we simply cannot trust any authority "in power" to day ... to tell us the whole truth. We now know that three reactors at Fukushima have melted down completely, the radioactive cores have dumped into the Earth, nobody knows how deep they are, and highly radioactive water is still leaking into the N. Pacific Ocean. Furthermore, Japanese engineers are now saying that there is NO technology today that can solve this problem, and any real solution could be 200-300 years into the future. It's likely that the Japanese Government has known some of these details for quite a while, but it was never revealed.

So back to financial assets ... ... don't put all your eggs into one basket. And assume that nothing is SAFE. There is no perfect "SAFETY DEPOSIT BOX" in the world.

cheers,
Pete