Ladies and Gentlemen,
While I'm away, I wanted to leave you with a few resources so that you can make moves during very uncertain times.
First up, please try to find Credit Bubble Bulletin, which is published by Doug Noland. You can usually find this column on the excellent Dollarcollapse.com site.
It's an excellent wrap-up of the week's events in the financial markets.
Other sites of interest include:
Financial Sense
Goldseek
Market Oracle
Seeking Alpha
Mish's Global Economic Trend Analysis
Nouriel Roubini's Global EconoMonitor
Infowars.com
Stick with these, and you'll be alright. The Oldstream media is controlled by the very powers that have brought us to the brink of financial ruin. If you listen to them, you will either be ill-informed, or left behind.
Not a good move.
Now is the time for you to make moves for you and your family. Look AHEAD. Six months to a year. What do you think is going to happen based on the evidence? What does common sense tell you? What does history tell you?
Make your strategy, and EXECUTE.
Speaking of family...
Watch for the traditional family to make a roaring comeback. As an example, I personally know of many young, unmarried women who are moving back home due to increasingly difficult circumstances. And their parents are pushing these daughters to get out as soon as they can! And, it looks like the only way many of these poor souls are going to be able to do that is if they have some help.
Maybe these parents should start practicing the phrase, I have a daughter that needs a good, dependable husband!
Just wait and see.
People are beginning to look inward, and are looking to God for stability instead of their 401K plan. And they are also looking to one another, family and friends, for support.
Feminists, once upon a time, said that women need men like fish need bicycles. They are going to be proven very, very wrong. The unbreakable Law of the Universe is this:
Men and women need each other.
This is the inescapable truth, and no amount of Fiat currency liquidity bubbles can repeal this fundamental Economic and Universal Law.
Those who arrogantly thought that they could remake the wheel are going to be completely humbled as time goes on. You can bet on it.
And, unfortunately for feminists, and a great many innocent women, too many men are awake to the dire consequences of marriage and family. They know that State Run marriage = financial and spiritual suicide.
They also know that the divorce and the child support regimes are government sponsored acts of domestic terrorism, and have no desire to put themselves in harms way. A rational decision based on the circumstances, and one that has a long history behind it. The quickest way to destroy marriage, the greatest of wealth generating institutions, is to let government get its hands on it. No man should enter into State Run marriage.
Think of this as the Marital Sub-Prime crisis. And it will only end once the Natural Rights of Men are restored, in full.
Well, now that we've stated the obvious, let's move to the good news.
Firstly, one should not fear economic instability. As a matter of fact, the professional investor welcomes times such as these, because the Hedge Funds and the Investment Houses who are getting ready to lose their shirts are simply being punished for their bad Karma.
Believe you me when I say that there is money to be made, and that there will be Once -in-a-Lifetime opportunities once the shit hits the fan!
As a humble example, allow me to share my personal portfolio with you. Please understand that I am NOT recommending any investment products. You should do your own research, and talk to your investment adviser before making any moves, because the possibility of losing money is real.
Taking a look, please note that gold (GLD) and silver (SLV) has gained significantly. Commodities (DJP) are also on fire, in addition to crude oil (OIL). Also, my U.S. Dollar Short ETF (UDN) is performing modestly. The other item, a Dow Jones Real Estate Short ETF (SRS), hasn't had spectacular returns... yet. As the commercial real estate crisis escalates, I expect this fund to pick up the pace!
Ain't life grand??
So, after talking to your financial adviser and doing your homework, you should be assembling your dream portfolio that enables you to gain if and when the dollar, U.S. Treasuries, and the broad stock markets lose.
Owning physical gold and silver is also a good idea.
The goal is for you to be in the position to be able to buy assets, stocks, businesses, or whatever it is you want to purchase, when a boatload of assets enter into the fire-sale of a lifetime!!
Secondly,
When times get hard, the ugly truth about how our governing elites do business comes to light. Unsurprisingly, enlightened men such as Dr. Ron Paul gain a wide audience. The long forgotten ideals of Liberty and Peace become much more popular. The masses are enlightened, although there's no telling how long it will be before John and Jane Doe "get it."
The truth hurts, and a great many people will be forced to re-examine every aspect of their public and private lives. In addition, the political, social, and economic institutions of the country will be heavily scrutinized. This can only be a good thing for us as Men, as flawed and evil ideologies such as Socialism and Feminism will be publicly committed to the scrap heap of failed and dangerous ideas.
The institutions which made us strong and provided for our material, spiritual, and social well being will come back into vogue. Manliness, Spirituality, Wisdom and Justice, among other virtues, will witness a revival. We may experience a "Dark Age" before we see this ideals come into fruition, however the Universal Truth of things will not be denied forever. We will learn, eventually.
How long it will be before all of this takes place is unknown. But, it is my opinion that troubled times come for one purpose: to force us as a people to turn away from ignorance and evil, and to make us conform to the Universal Law. There is also an aspect of punishment of "sin", but punishment comes with teaching hard lessons, and cannot be avoided.
In the end, we as a people will wake up, and this is a good thing.
Thirdly, our economy is adjusting in order to make America competitive again, in the very long term. As time passes, and the United States falls from the world's dominant economic power to a more modest player on the global stage, industry and native capital formation will return to the United States. The country that succeeds us as the dominant economic power will see its wages rise, and will undergo the natural cycle that all empires are subject to:
Birth, Growth, Maturity, and Death.
While the new power(s) experiences all of these changes, America will be forced to re-examine its institutions in the quest to remain competitive and viable.
Unnecessary laws and regulations will be discarded, mindsets and ideologies that handicap us will be eliminated, and the country overall will be strengthened. Think of reversed outsourcing, where foreign nations will build facilities here in order to take advantage of our skilled, yet low cost workforce. The new American worker will take his or her wages and save them. A stable monetary policy, born out of the economic collapse of the country, will enable and encourage people to save. Business types will borrow those savings at stable interest rates (thanks to a currency that is tied to hard assets such as gold, silver, agricultural commodities and oil) and start new companies.
Over time, the American economy will grow, the people will become more and more prosperous, and life will become good again, so long as inferior ideologies such as Communism, Socialism, Feminism, and Corporatism are avoided.
So, as you can probably see, I am a long term optimist. And maybe that's because of my hard knock life growing up in "tha 'Hood". As the rapper Jay-Z says in one of his songs, "the weak don't live. You gotta bounce back homie, the streets don't give."
Life is like that. Everyday is a hustle. Tough people last, but tough times don't.
So, in the long long run, everything will be ok. Hope springs eternal and all that Jazz. Just be smart and don't fall for the pitfalls that others get caught up in.
Only the strong and the wise will survive!
As the saying goes, fortune favors the brave.
Aiight?
Thanks for reading this, and I hope it tides you over until I make my GrandMaster Flash comeback.
Toku out.
Sunday, March 2, 2008
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4 comments:
Hey Toku, pjanus pointed me your way. Nice blog.
How do I go about continuing to read your stuff after you go private again?
PS thanks for the link
Wapiti,
You have an interesting blog yourself. I had to link to it!
I'm not going to be writing at all during this time period, so you won't miss much.
When I bring it back public, I'll be blogging again in earnest.
In the meantime, be sure to visit the links given to tide ya over.
Toku.
Nice that you looking out for us even when you can't blog! I like the credit bubble bulletin link!
However - I#m sorry - but I disagree with some (spirtual) things you wrote. Bare in mind I don't want to criticize you but I do want to criticize the evil demiurge and let the truth be known! you said
"But, it is my opinion that troubled times come for one purpose: to force us as a people to turn away from ignorance and evil, and to make us conform to the Universal Law."
First off I ask you do the people really learn (with their "free will") if the awakening is shoved down their throats? But more importantly you said that the purpose is that the people turn away from evil and ignorance but I ask you why would the creator of the physical universe have created the evil and created the ignorance?If he wouldn't have created evil in the first place then we wouldn't have to learn the cruel lessons!and why would he have created the physical dimension at all - with its decay, death and everyone and everything has to be part of the compulsory food chain?
Besides - I understand your optimism - I mean what else do we have in this world - and I too am blindly optimistic in a certain way - but I don't understand why the people should finally learn the lesson THIS time? Humanity has a long history of wars, torture, collapsed empires, financial collapse, tyranny and the majority of people have NOT LEARNED ONE BIT!!why would it be different this time. It's not a big surprise that people don't learn though - as they are always stripped off their past lives knowledge before reincarnating and thus unable to really progress.
Another question would be if the purpose is for people to learn to see through ignorance and evil then why are you or me here. we already understand these things. if we truly have free will then I say I learned my lessons and can move on now :)
"if we truly have free will then I say I learned my lessons and can move on now :)"
Good point lol!
As usual, very insightful. We will definitely have to talk about this things later!
(Who knows... it might even be a whole post in itself! :P)
Take care.
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