We are living in unprecedented times. Never before in American History have we experienced what is happening in our economy. Some people are calling it a new “Great Depression” but calling this a depression is like calling Hurricane Katrina a “blustery day.”
Very few people I know have the skills and knowledge needed to ride out this economic storm and to position themselves so they have something when it finally exhausts itself.
The first step – stop believing what they tell you on the evening news or read in your newspaper.
The Bad News - It is going to get worse before it gets better. Deep down you know this is true despite what you hear about us being "near a bottom."
The Good News - You can prepare yourself to take advantage of the once in a lifetime opportunities that this crisis will present to all of us.
You’ve heard it said that out of crisis comes opportunity. This is true. There are people who will emerge from this economic mess as millionaires and with financial security, but in order to do this you have to know what to do.
Do you know how to take advantage of these opportunities when they come along?
Do you know the right time to buy a house, invest in a stock or what to do about gold, silver and other precious metals?
I recently sat down with best selling author Kevin Hogan and interviewed him for 9 hours about what the intelligent person can do to live life on their terms, even in times of economic crisis.
Why Kevin Hogan? Several reasons –
I had three goals for the listener of this program when I set about designing it:
Here are points to ponder –
Understand – What is really happening in the world that caused this very un-natural disaster.
Predict – Use the Law of Unintended Consequences to project possible futures in this man-made mess.
Prepare – What almost anyone, regardless of their current circumstances, can do to come out unharmed from the next waves of this hurricane. And they are coming.
Plan – Using the principle of Occam’s Razor, lay out the simplest strategies for protecting & preserving what people currently have left in their 401(k)’s, IRA’s, houses and jobs.
Discern – The traps that will happen because of the nature of our leadership’s current course of action.
Cope – How to specifically cope with each new wave as it comes ashore
Action – What to do now and at each of the next waves so you can be amongst those in the “Eye of the Storm”.
Here’s a couple examples:
We all know when hurricanes are coming, but we never know exactly where it will come ashore. It doesn’t always show up where it’s “supposed to” and when that happens people that aren’t prepared get hurt.
How about an earthquake? I live in California and while everyone “knows” that one day there will be “the big one”, very few people take the steps necessary to get ready and prepare for it.
You also know that hurricanes and earthquakes don’t just hit you and leave. They occur in waves, with lulls between each event and happening. There are always aftershocks and far reaching damage caused by the initial destruction.
As you’ll learn in the audios, this economic storm had warning signs you could see if you knew what to look for, but most of us didn’t know the signs. The economic pain isn’t over, we are simply feeling the first shocks. You need to act now to prepare for the worse that is coming down the road.
Financial experts and economists are comparing what is happening and, more importantly, what has yet to happen, to the Great depression. While there are seeds of truth in this comparison there are differences that you need to know about that can spell the difference between your success and failure.
I put 9 hours of interviews on 9 audio CD’s. I did my best to create a framework so Kevin could create an honest analysis of what has happened and to show you the steps to process and predict what will happen next.
Each CD addresses a major problem and helps the intelligent person get how the actions of national leadership will shift the decisions that you need to make.
CD1 – The United Nations and China both called for activating a little known currency known as the SDR so the dollar would no longer be the reserve currency for the world. Kevin explains just what this means to the world, what it means to you and how you can make changes if, and when this happens.
The current reality is much more complex than you are being told by the media. Frankly, if they were telling you the truth there would be a general panic instead of a general series of rational actions that could minimize the impact of this hurricane on your life. (Actions that won’t be taken for many years, if ever)
CD2 – What is currency exactly? Even intelligent people struggle with understanding exactly what currency is. How is it you can go to the store with nothing but paper in your wallet and buy something? We also deal with what will happen before the hyperinflation hits.
Understanding what inflation and deflation are and what is going to happen next and why this is crucial information for you to understand. Most people will get it wrong and make decisions they can’t afford to make.
CD3 – In this CD we take a hard-hitting look at the economic stimulus package. It is not possible for it to succeed but there will be a period where it will APPEAR to succeed and that period will be a trap that only those in banking and government will be able to take advantage of. Nevertheless, as long as we understand what is happening we can make choices and take specific actions to ward off this massive challenge to our financial well being.
CD4 – Gold! Both Kevin and I are major gold bugs for good reason. Kevin has been talking about gold for about four years and I have been a fan for over a decade. If you’ve been listening or if you have gold then good for you, your investments have probably done pretty well for you. If not, then you need to realize that instrument of safety will at times appear to have not been a necessary acquisition. But not only gold is an important addition to your investment portfolio it can be a vital element in protecting yourself and those that matter to you in the years ahead.
CD5 – Real Estate & Retirement. Is now a good time to get back into the Real Estate market? Many people have been asking this question and of course the media, politicians and the real estate industry are saying that prices are down, mortgages are cheap and that now is the time to buy. So what is the truth? You might want to listen to this CD before you make any Real Estate decisions.
CD 6 – Kevin has been an advocate of having a non-“brick & mortar” business for years now. This is still the best plan for your retirement and financial safety at the current time, but things may change and you will have to re-evaluate. For the moment however having your own small business still holds the greatest opportunities for the intelligent person. Why this might change in 23 months is rather fascinating.
CD7 – In times of turbulence and great change “beliefs become very important and require constant adjustment. The most difficult thing for people to do is to acknowledge they were wrong. Having a weekly “fact checker” is crucial. Your beliefs in the next decade, beginning now will completely alter the course of your life and those you care about. And in a different way than Kevin usually addresses it, your “mindset” matters as it never has in this countries history.
CD8 – There are many dangers waiting out there. The two most attractive are: following the trend and being a contrarian. The latter will be more profitable for the next decade, but if you begin the BELIEVE and ACT as if you are always a contrarian instead of being a fact checker your choices will not pan out for the better.
This audio CD set is not about “Doom and Gloom.” It is not about being “Fearless” because “Fearless” is not an effective strategy. There is a logical, rational and basic approach to understanding everything that is happening in the world. But the fact is that there are a lot of people that won’t be able to wrap their minds around it all. That’s OK.
If you simply get the basics which Kevin lays out on the CD’s and take some of the most important actions, that will keep you in or near the “Eye of the Storm.”
There is NO follow up program to this. No cult to join or hedge fund to sell. This program is complete in itself for the very reason it has to be: It’s rational objectivity and accuracy.