Life here in the wilderness of the Northwestern Colorado Rockies – and now with only melting snow on the ski slopes – has given me time to read, learn, think and reflect.
It is in this light – I have some things to share that I hope you, the reader will consider. This will be a hard hitting message and I am delivering it as I believe the more who know and prepare for what is coming – the better off we will all be.
If you are a regular visitor to my page, you know I am an entrepreneur – one who values his free time and freedom. I am always looking for ethical and moral business ventures where I can create leverage and earn residual income in the name of producing what I value most – time freedom.
And…its working out fairly well! Truth be told, the only job I have held in the past 7 years is my ski school position last winter – and then primarily to push myself to get out on the mountain daily AND to gain access to some of the best ski instruction that money can’t buy!
My focus today however is NOT to speak with you as an entrepreneur… it is to take a hard – even stark look at our nation’s economy, the concept of fiat currency, the Federal Reserve, your bank account… and some things I believe are ALREADY in motion that you and I need to be aware of – and once informed, develop our own personal plans of action. I don’t believe I am alarmist or a conspiracy theorist in any way – just a realist who has a firm grasp on history and knows what has happened in our own nation and elsewhere that I believe is about to be repeated – and just as in the past, many will be caught off-guard due to either disbelief or lack of knowledge.
To emphasize, I am firm that dark clouds are gathering and it is only through knowledge and then subsequent and definitive action, that the full brunt of what is coming can be lessened. Read on for specifics…
Allow me to begin with a quote from a gentleman who posted a reply to a most disturbing article I read the other day titled “Impending Financial Collapse – The Grand Finale”
Referring to the article (linked above), Henry Shivley wrote in response…
I agree with every word and your timing. I say this based on a small event that recently took place for me personally. I have no debt, a credit score of 800+ and a nice six figure salary. After many years of having an un-used home equity line of credit of $100K, my bank recently sent me a letter telling me it was being reduced to $10K ….. this on a paid for house. For me, this was an indicator that the banks are setting up to limit the ability for people to get money out of their bank. My advice, take your money out now while you can. The wrath is coming.
Now these are strong words, but if you take the time to read the article, I think you’ll get the gist of the author’s argument – namely that Cyprus and MF Global were “trial balloons” where the “powers that be” were testing the waters to see if depositors could be treated as unsecured creditors.
ALSO – did you catch the timing cited in the “from the trenches” article?
Before I move on to the next article I want to share, these two FACTS are etched in my mind:
- The average lifespan of a fiat currency is about 40 years- and the USA went to a fiat currency in 1971
- The USA in the past 50 years has gone from a position of financial strength, being perhaps the GREATEST lender and creditor in the world to now being the greatest DEBTOR NATION the world has EVER seen.
If there is one quick piece of evidence I can produce here and now – consider these words from another potent article titled “The Final Nail in America’s Financial Coffin“
you need to be aware of the fact that the government can never pay down the debt that they have acquired. Could the federal mafia pay down the $17 trillion dollar deficit? Yes, but they would need 2-3 generations of responsible fiscal policies to do so. Could the federal mafia ever meet its $200 trillion dollar unfunded liabilities such as Social Security and Medicare? The short and best answer is, NEVER.
The passage quoted above does not even begin to consider the potential destructive power of derivatives. Without going into what they are and why we should ALL be concerned in this post – you can read the article for yourself.
The common thread between these two articles – and numerous others I could cite is the fact that fiat currency – currency backed by NOTHING more than the “good faith and credit” of its government is in real trouble – and we all need to take action NOW or face a reality later that none of us ever really thought we would have to face at any point in our lives.
The action I’m talking about is to prepare for the collapse of the dollar – which has been a fiat currency for 42 years now… by converting our savings (for those who HAVE savings) into commodities that will have value down the road – food, water, ammunition and yes, precious metals (and a few other things – I’m not looking to create an exhaustive list here – though I welcome your feedback on this message by posting below.)
I mentioned Cyprus earlier, were you aware that depositors LOST some of their savings when the “bank holiday” occurred? This model – where depositors are now treated as creditors will be refined – and in my humble opinion is coming to OUR nation – and perhaps sooner rather than later.
The following video – all about fiat currency – explains the likely (almost inevitable) future of our American dollar…
A major reason we are on the fast track to trouble is Ben Bernanke and the Federal Reserve. This article – “The Fed’s Hands are Tied, Right as the Financial System Begins to Crack” details how what we see happening in Japan may very well be our future. Consider Graham Summers’ words (the author of the article) as he explains how “QE to infinity” HAS to destroy our currency.
If I have created a sense of concern, Good! If you’re not “awake”, you can’t take action.
I’m going to make several suggestions – and a few more advisories in a “part 2” to this post. I just don’t want to give you too much to “chew on” at one time. As I noted earlier, I’m going to recommend several steps to buffer the impact of whats coming – and my recommendations are based upon PERSONAL EXPERIENCE.
I’m going to state here and now the importance of having MULTIPLE income streams. If you have a job, ask yourself… what would happen if the company you work for closed down? Can’t happen? Ha! Think about the numerous American companies that have shut down – or relocated overseas in the past 25 years – including some we thought would NEVER leave us. The reality of developing ‘home based business income’ is a specialty of mine – and I will elaborate upon this also in part 2.
I will state when it comes to silver and gold – you HAVE to be careful; in fact, in part 2, I’m going to share a NEW concern about silver and gold that has emerged in recent months. In terms of food and water – I have specific recommendations based upon my own research. I will get this information posted as quickly as I can assemble it.
In closing for now… I welcome your thoughts and feedback! Please use the space below to “sound off”