We were telling people in the UK from the mid 90's onwards not to invest in pension plans or anything related to the stock market. In 1997-1998 we were giving lectures on 'Millennium Prophecies' in various counties in the UK that included information on money, finance and investments. As you can imagine those lectures were packed. Now its really coming home to roost; we can give people warnings but we cannot make you accept.
DAILY EXPRESS HEADLINE - BP OIL DISASTER SINKS OUR PENSIONS
Shares in BP slumped dramatically because of the Gulf of Mexico oil spill
Wednesday June 2,2010
By Mark Reynolds
BILLIONS of pounds were wiped off the value of pension funds yesterday as shares in BP slumped dramatically because of the Gulf of Mexico oil spill.
One of Britain’s biggest companies and a key indicator of its economy, the oil giant suffered its worst one-day share fall for 18 years.
At its lowest point, the company’s share price was nearly 17 per cent down, although it recovered slightly by the close of trading. Even so, £12billion had been wiped off its market value.
DEBATE: ARE YOU CONCERNED ABOUT FUNDING YOUR RETIREMENT?
Last night experts were warning that the company had “the smell of death about it” as fears grew that the disastrous leak off the Louisiana coast could continue for another two months after the latest attempt to stem it failed. Market experts warned that the extraordinary decline of the City heavyweight – a key stock for many UK pension fund investments – would inevitably leave British pensioners poorer.
1. http://www.dailyexpress.co.uk/posts/view/178568
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