January 2010 Newsletter
What a year! Obama sends 40,000 troops to Afghanistan and wins the Nobel Peace Prize. Bernanke is destroying the dollar and is voted Man of the Year. Tiger wins the AP Athlete of the Decade award.
The inmates are running the asylum.
- David Schectman - CEO, Editor in Chief - Miles Franklin
Q & A
I recently listened to last month's program where you recalled how you changed the past with the Hertz car rental. In light of Ramtha's teaching about "seeing things as they really are" - when you want to change something from the past are you seeing things as they really are? Isn't that seeing things how you want them to be? How do you know if you're just deluding yourself? If you have no judgment on the past, why would you want to change it? Thanks in advance for your words of wisdom.
That is an excellent question.
When you move into the midbrain to go back and change an event, you must "see it as it is" in order to create it as it will become. All creation is "observation" of what already is - WHATEVER YOU DEEM THAT TO BE. Only in retrospect can we say it was different.
I would like to ask you that when I focus on cards my eyes must be open or close? I know that when I focus sending-receiving seeing future, my eyes must be close.
One more question: Debbie Christie said in module #5 in the Home Study Program that she scanned all numbers in horse racing and one number appeared unique. She didn't tell about that - whether her eyes are open or closed.
In the card reading - EYES ARE ALWAYS OPEN LOOKING FOR THE SHADOW OR MARK!! Same with the horse racing program - she was looking for the number that seemed the most unique - THAT STOOD OUT AGAINST ALL THE OTHER NUMBERS - EYES OPEN!!
What is the safest most stable currency over the next say 5 years: The Swiss franc, Canadian dollar or the Chinese yuan, or other?
What is your prediction for the Euro?
All paper currencies will eventually be devalued to zero. No paper currency in the history of money has lasted longer than 60 years before that happened. The only currency you have mentioned that may be backed by commodities is the Chinese yuan. I also like the Canadian currency because the resources of that country are the richest in the world on a per capita basis - but it is unbacked, and therefore vulnerable.
The euro will go the way of the dollar - eventually. I would not hold euros unless you were going to exchange them for tangible assets in the near future. Gold and silver will outperform all paper currencies over the next two years. Gold's value is now 64:1 to silver. My guess is that silver will lower that ratio and outperform gold in percentage gain - but both will skyrocket before 2012.
The above answers are simply my best answers based on my understanding of current financial happenings and the trends and authors I have been studying for the past four years. But everything is subject to change in a moment - and new strategies might have to be formed - that's why I endeavor to stay current.
The Dollar has declined 6% against the EURO, 9% vs. the Yen, 10% vs. the Australian dollar, 22% against the Canadian dollar, 23% against Gold, and 33% against Silver all since August!
A strong dollar equals no hyperinflation.
If the dollar holds .7200 USDX then there will be no hyperinflation.
If the dollar breaks to .6200 there will be some hyperinflation.
If the dollar trades below .5200 there will be hyperinflation of the century.
Here are some trends and predictions
for 2010 – 2012:
The USD will continue to be devalued and near worthless by 2012. It will be gradual and systematic.
All commodities (with the exception of oil), but including gold and sliver, will continually increase in value. Gold will trade over $3000 / ounce by January 2012.
Oil will remain virtually unchanged – staying between $70 - $80 / barrel.
There will be 20% or more unemployment over the next two years.
Social Security is bankrupt and will not be available to the 76 million ‘baby boomers.’
There will be a tax revolt and food riots by the American people.
By the end of 2011, 50% of all US home owners will have lost the equity in their homes
By 2012, gold and silver coins will be the only means of monetary exchange for products and services.
There will be massive bank failures and only be a handful of major banks will remain.
Banks will have access to safety boxes – where the gold and silver is held.
New gun control laws will be implemented.
2010 Food Crisis
If you read any economic, financial, or political analysis for 2010 that doesn’t mention the food shortage looming next year, throw it in the trash, as it is worthless. There is overwhelming, undeniable evidence that the world will run out of food next year. When this happens, the resulting triple digit food inflation will lead panicking central banks around the world to dump their foreign reserves to appreciate their currencies and lower the cost of food imports, causing the collapse of the dollar, the treasury market, derivative markets, and the global financial system. The US will experience economic disintegration.
The 2010 Food Crisis Means Financial Armageddon
Here is the Port Summary: Let’s get a reality check on the so-called ‘recovery.’
Long Beach: Year to date cargo is down 18.7% compared with last year. Let's hear it for the stimulus package!
Port of Los Angeles: Loaded inbound was down 11.84% for November and overall for the calendar year is down 15.13%.
Port of Oakland: Down 9.9% YTD but November say a 3.4% gain.
Port of Seattle: Up 15.1% in November, but still down 9.7% overall year-to-date (YTD). International inbound was up 34.4% in November, but is still down 10.7% YTD - way I figure it is replacement parts for things that are breaking.
Port of Tacoma: Down 19.8% YTD.
Bank of America, the largest bank in the U.S. posted notices at all branches that as of January 1, 2010 it will no long participate in The FDIC insurance guarantee program on interest bearing accounts. As of January 1, 2010, all deposits in interest bearing accounts will not be protected from bank losses.
This development not only suggests that the FDIC is totally insolvent, It suggests that U.S. fiat money, placed in interest bearing accounts, will soon be defaulted in bank losses or replaced. How many other banks will quickly follow?
According to a Goldman study, nearly half the world's economic growth is now occurring in just four countries. And neither the US nor Britain is on the list. Nor is any other developed country. The four are Brazil, Russia, India, and China (BRIC).
US Mint Runs Out Of Tenth-Ounce Gold Coin Inventory Day After Its Release
'The sad state of affairs in gold land: the premium for the 1 ounce Gold Eagle coins has expanded from $59 to $99, Krugerrands are not available for sale in most places, and this most recent development just out of the US Mint: the one-tenth ounce American Eagle inventory at the mint has been depleted, almost instantaneously after the coin was made available for purchase....
In the meantime, the massive demand for silver coins is also starting to hit the Mint, which as of today had none in store.
Hyperinflation is knocking at the door
The worst possible outcome of two decades of failed government policies is hyperinflation. Many of you will probably dismiss such an outcome as impossible. Nothing would please me more than to laugh it off myself. But that is not in my makeup. If hyperinflation is not a certainty, it is at least a reasonable possibility. If you ignore the threat, it could turn out to be the biggest mistake you will ever make. In my heart I know that we have to make preparations for this awful event and hope that we are wrong. Either way, it won't affect on my investment choices. I have already liquidated most of my dollar-based investments in favor of gold, silver and select mining shares. A near-total destruction of the dollar will not negatively affect my assets. It's not about getting rich. It's about preserving our wealth.
David Schectman - CEO, Editor in Chief - Miles Franklin
"The world at large does seem to understand innately that governments are bankrupting themselves and destroying paper currency." – Jim Rogers
The Water Wars Could Start to Heat Up. You probably know that experts are worried about future water supplies not only for the developing world, but also Europe and America. Earth's population has tripled over the past 100 years, meaning water requirements have soared. In fact, global water consumption has increased nearly twice as fast as population growth in recent years, and some projections expect the water industry to be a trillion-dollar market as early as 2020. Some other facts from the experts:
- Only 3% of all the water in the world is fresh water. However, of that 3%, two-thirds is locked up in icecaps and glaciers. In the end, we can only consume 1% of the world's water supply.
- Experts estimate the global population will rise from 6.8 billion today to 9.2 billion by 2050. I think we'll run into Malthusian limits before then, but there will still be significant new demands on the existing water supply. The daily Western requirement for water — just to assure survival and minimum living standards — is about 13.2 gallons per person.
And while you can substitute various alternate fuels for fossil fuels like crude oil, there is no substitute for water.
- It takes 14 gallons of water to grow a pound of grain, 435 gallons to grow a pound of beef, 2,000 gallons of water to make one gallon of milk, nearly 20,000 gallons of water is needed to make one ton of steel. The growing world is using more commodities all the time and people in emerging markets want to eat and drink like the people in America. That means each person will be using even more water.
The Japanese General in charge of operations for the attack on Pearl Harbor in 1941 was asked in an interview many years later why he did not go on to the West Coast of America. He said that he had been a student in the US as a child and knew that most Americans had guns. He told the interviewer that he knew that his fleet would be defeated for that reason alone.
Can you guess which event is coming up that will have people from every corner of the world? In February, at the Winter Olympics in British Colombia, Canada is an ideal place to set off a world wide plague/disease. The language from the web bot - has the Olympics firmly within it - as spraying of disease!
Bacterial Pneumonia CAN BE SPRAYED
Think they would not do that? Look at history, Governments do whatever needs to be done, to get to the end result THEY WANT!
Look at Pearl Harbor (U.S. govt. KNEW it was going to happened and allowed it - to get into World War 2) - The U.S. Govt. ALLOWED Thousands to DIE - and the Naval Ships Destroyed.
Earlier in history, they gave Indians blankets with small pox, because they WANTED the land!
USA TODAY examined how state health departments distributed H1N1 vaccine after public outcry last month over Wall Street firms such as Goldman Sachs receiving doses while doctors and hospitals encountered shortages. The data show other companies got the vaccine in October and early November. In some cases, early doses went to people not deemed most at risk by the Centers for Disease Control and Prevention.
Millions of Bush administration e-mails recovered
Washington (CNN) -- Computer technicians have recovered about 22 million Bush administration e-mails that the White House had said were missing, two watchdog groups that sued over the documents announced Monday.
The e-mails date from 2003 to 2005, and had been "mislabeled and effectively lost," according to the National Security Archive, a research group based at George Washington University. Source: www.cnn.com/2009/POLITICS/12/14
If you need an accountant - Billy Gordon, CPA,
P.O. Box 50
302 Binghampton St. W
Rainier, WA 98576
360.339.4608(mbl) - 360.350.3305(fx)
Testimonials / Comments
Mr. Greg Simmons
Thanks I appreciate you that you replied to my all questions. You supported me on Ramtha's teachings. I have your book there are lots of answers in the book.
It is awesome!
I am giving thanks today for information you helped us with. We just wanted to follow up to let you know that we were able to buy gold and silver from one of your sources.