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Friday, December 27, 2013

Be prepared: Wall Street advisor Recommends Guns, Ammo For Protection In Collapse

A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and ammo to help them stay alive.

David John Marotta, a Wall Street expert and financial advisor andForbes contributor, said in a note to investors, “Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms.”

His memo is part of a series addressing the potential for a “financial apocalypse.” His view, however, is that the problems plaguing the country won't result in armageddon. “There is the possibility of a precipitous decline, although a long and drawn out malaise is much more likely,” said the Charlottesville, Va.-based president of Marotta Wealth Management.

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6 comments:

Anonymous said...

Also ready and willing and able , 2nd division 1/38th infantry recon. 11h 50 cal. , 7.62. m60 , m79 , 308 , 30/06 , 38 , 22 , 7.62-39 , 12 ga. ,20 ga. 5.56
many mags.

Anonymous said...

all this coming from a man who will jump on his private plane and take his family out of this country. Guns needs to the number one on your list.

lmclain said...

Now, line up and register all those guns. Do what you're told. COMPLY.

Anonymous said...

resistance is futile.

Anonymous said...

A study should be done on how many financial crashes have been predicted over the last 50 years or so.Some have actually occurred,but not at the predicted magnitude,and always followed by a much quicker than estimated recovery.I held my breath through the Carter Administration,and as bad as it got we eventually rebounded.

Anonymous said...

Well, 450, we're in our 5th year of depression. No light at the end of the tunnel. Not much here to predict, I'd say.