Monday, November 24, 2008

This is no time to stick your head in the sand.

Many of the people I deal with on a personal level are in denial that the economy if falling off a cliff. I hear many people who say "I disagree with you," but give absolutely no backing for their belief. The truth is, they just don't want to believe that we're headed into the abyss. I don't blame them. It isn't pleasant to think about.

Contrary to what they think, I get no pleasure at all in making my forecasts or in being a "doom and gloomer." I'm just passing on what I see in hopes that they might make preparations. We will fair far better as a society the better prepared we are. Those who are prepared can help those who aren't, and can keep their heads better in time of crisis. The more people we can keep out of food lines, the better.

It still looks like a hyperinflationary depression to me. Stephen Lindeman gives a long, long list of reasons why we're headed toward "an unstoppable economic breakdown." If you read it, you'll see why unprecedented tough times are ahead.

Please take a daily look at Jim Sinclair's website. Today he showed why hyperinflation is on the way. Saturday he gave practical steps to avoid personal financial destruction. He first published "This is it" last spring. He could see what was happening. Do nothing and watch your investments dwindle.

Many people are confused about the disconnect between the price of "paper" gold based on futures contracts and the price of physical gold, which is extremely hard to get, especially in coin form. The resulting confusion has caused paralysis and procrastination and kept some people from protecting their assets with gold. This article helps explain the reason and gives links to help monitor the actual price gold is selling for on eBay. If you plan to buy, do it now. You will NOT be able to time the market. By the time you think the market has turned, the price will be exploding up.

New World Order as Global Financial Matrix Self Destructs is an extremely interesting read. Follow it with Catherine Austin Fitts' analysis of the G-20 meeting a few weeks ago. "The net result will be to continue to exercise growing control over the real economy by a handful of private families and institutions designed to protect and grow intergenerational wealth. G-20 are silent on the military and covert action that will be required to make this stick. They are also silent on how they are going to manage this much inflation."

Ron Paul warns of a "great shift to global government" under Obama. (Paul still has the best grasp of the economic policies needed to keep a free and prosperous country. George Bush laid the groundwork. Many, like British PM Gordon Brown, are now openly calling for and discussing the "New World Order."

The oil price collapse in creating great geopolitical stability. Pay attention. Enjoy the low gas prices while they last.

A big part of the enormous problem we have with grappling with our problems is, frankly, the ignorance of many people. I don't say this in any kind of condescending or holier than thou way. I just find that few people are able to carry on an intelligent discussion about political or economic principles, whether from a conservative or liberal viewpoint. The previously discussed hypnosis techniques used by Barack Obama underline this situation. Far too many people are swayed by the images and emotions engendered by sophisticated propaganda. Bush, of course, used them effectively, too. Contrary to this article, I'd say that even many "educated" people fall into this category. Make a vow not to be one of them.

Since I'm going to be away from home for the holidays, I may be posting without sending out emails. Rather than do longer articles on single topics, I may just start picking out some of the sign posts I see daily. If I do that, I'll be able to stay on top of things more currently. So check back every so often. I hope you find my efforts helpful.

1 comment:

Anonymous said...


Here are the links to the video I shot on November 22, 2008.


Oklahoma City Federal Reserve Demonstration Part 1 of 7:

Oklahoma City Federal Reserve Demonstration Part 2 of 7:

Oklahoma City Federal Reserve Demonstration Part 3 of 7:

Oklahoma City Federal Reserve Demonstration Part 4 of 7:

Oklahoma City Federal Reserve Demonstration Part 5A of 7:

Oklahoma City Federal Reserve demonstration Part 5B of 7:

Oklahoma City Federal Reserve Demonstration Part 6 of 7:

Oklahoma City Federal Reserve Demonstration Part 7 of 7: