Anecdotal evidence in my in my private life is pointing toward some real pain out there. Something bordering on panic. Please do not panic. AIG is a company that I have been intimate with as I had to fight a financial adviser/family member tooth and nail once to liquidate some principle this giant Ponzi scheme was holding. That was in 2004. In 2005 I wrote an article called Amron with its title really putting the point I was trying to make across; that the entire country was like an Enron in the making. 3-1/2 years later this is becoming obvious to the public. I sense panic emerging from the denial that has been so firmly in place to this point. Please do not panic. It does no good.
The website Biiwii.com came about because I had a 'guru' who hammered home certain truths and because I was brave enough to look at those truths. I still do not know where he came from or why he took to me, other than he used to say "Gary, unlike most people you are not afraid to look squarely at this mess." My only aim in starting the site was to warn people, to help give them the tools to get to safety. Read Prechter's Conquer the Crash... buy bullion... PAY DOWN DEBT... but most of all think about living a more simple life within means. But along the way we had a bull market in stocks - nominal, not real of course. This was one of the effects of Greenspan's inflation cycle. It, along with the go go commodity trade helped keep people tuned out and Biiwii.com morphed as well from alarmist to 'hey, play the casino while periodically giving dour reminders of what this really is'. Mission accomplished I think.
In the 90's we had technology guru George Gilder. In the post credit bubble we have a new guru; the commodity/resource guru. You get Jim Rogers. You get Al Gore the global warming guru. You get Boone Pickens, an oil man all his life: "Oil will never go under $100 a barrel again."
Catch my drift? Something is ending here and something is beginning. But this has all been scripted for years and we are all but mere players in the spectacle. Some will survive, some will be victimized. Some will sit back content that they did all they could do to prepare and try to help others while others will feel like a rug is being pulled out from under them. What we all need to do, given that we are beyond any reasonable point of return in this grand experiment, is to hope that these evil geniuses get control of this thing one more time and then adjust to the 'new normalcy' that follows. Whatever that is. Please do not panic out there.
Edit (2:24) See? The Fed's not panicking, why should we? :-)
Did you like this article?
Submitted By 
's
