Monday, August 10, 2009

Harry Schultz on the Bank Holiday

Harry Schultz in his June 24th, 2009 newsletter warned of impending bank holidays. He recently revised his forecast on August 7th, 2009 to point out that the FDIC will be reporting it's 2nd quarter results on August 25th 2009 and that investors should "stand by for a potential bank run and holiday on August 26th, 2009."

Don't...count...this...scenario...out!

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