Such corrections are generally not gentle. Some negative event: economic, military or political can act as a trigger. Though the event is fundamentally not very important, the fear it creates is. That fear can set off a secondary wave of computer driven programs that accelerates the fear. The crash then spirals into a rout.
Millions could see their savings wiped out but panicked markets create value and make fortunes for those who are calm despite the bad news. These downturns are the best times to make good investments.
How can we stay calm?
Our recent message “Anger – Cost Vs Value (1) explains that anger and fear are created by an asymmetric left side cerebral response (the left side of the brain taking over) which takes over in a fight or flight response. One sided brain thinking throws us out of balance and can muddy our thoughts. We make wrong decisions in many parts of our lives including investing.
That article showed that being in nature helps balance left and right brain activity so we think more clearly and can focus on productive rather than destructive solutions to change. But we can’t always get out and walk in the woods. Since we can’t always just drop everything and go for a stroll, we need other ways to balance our brain so we can gain the benefit of whole, left and right brain thinking.
“Listening to music lights up the whole brain” (2)
That’s the title of a Science Daily article that tells how Finnish researchers developed a new way to study how the brain processes different aspects of music-such as rhythm, tonality and timbre (sound color) in a realistic listening situation. The results show for the first time that musical features activate emotional, motor and creative areas of the brain.
Another article at NPR.org “The Power of Music” (3) reviews the book with this title. Science all but confirms that humans are hard-wired to respond to music. Studies also suggest that someday music may even help patients heal from Parkinson’s disease or a stroke. The author, Elena Mannes, tracked the human relationship with music over the course of a life span. Her studies found that infants even just a few weeks old react to some of the basic intervals common to Western music.
She also shows how scientists have found that music stimulates more parts of the brain than any other human function.
Music can help make our brain whole and more effective. Though we cannot control the news, we can control the music.
History suggests that Nero played his fiddle while Rome burned. This is a story that shows we should not do something trivial and irresponsible in the midst of an emergency! Nero may have been a poor decadent leader, but he was at least correct, listening to music when there was panic. Had he used that calm to act, who knows, we might be speaking Latin now.
Join Merri and me this year learn how to combine music and mathematics to find good value in investing and business to protect and increase income and savings.
Increase Profit & Safety with a 30 Year ViewLast September 2015 I spotted two distortions. They were just like contrasts that reaped huge rewards for me and many of my readers 30 years ago. I quickly issued two reports, one for each trend. Just six months have passed. One of the distortions has already returned 62.48%. Both contrasts have even more potential in 2016.
See how investors from last September have already cashed in on the Silver Dip 2015. Learn how the Silver-Gold Dip 2016 offers even more profit potential and why I want to track 30 year distortions with you over the next year.
One of the reports released last September, “Silver Dip 2015” looked at potential profits in silver because when the US stock market falls, the price of gold and silver rise. I have been a gold bug for almost 50 years and spotted this fact long ago. You can see the math in these charts.
Gold Historical Chart at Macrotrends.com
Dow Jones Industrial Average Historical Chart at Macrotrends.com
The “Silver Dip 2015” report reviewed silver rather than gold because of another mathematical, historical fact. When the silver/gold ratio rises over 80, silver is more likely to rise than gold. That ratio is even higher now than it was in 2015 but gold also makes good sense as a speculation now. This is why I am upgrading the “Silver Dip 2015” to the “Gold & Silver Dip 2016”.
Here is why the second distortion has greater long term potential and all but guarantees short term profits in gold and silver.
This chart above shows how the Dow, S&P 500 and NADAQ have risen strongly for the past seven years. If you Goggle the phrase “Bull Markets End,” you’ll see numerous articles at all the major news sites, Wall Street Journal, Bloomberg, etc. with headlines like “Bull Market Nearing Its End” Look at the dates. Some were written in 2016. Some were written in 2015 and some 2014 and even 2o13. This is why we cannot trust day to day economic news. We need a bigger picture based on math.
We need a longer mathematically driven perspective because a look at the big picture shows that there HAS NOT been a seven year bull market. The uptick has simply been the last wave of a much longer downwards trend. Rewards have seemed higher, yes, but at an ever greater risk.
When you look at numbers instead of media guesswork, the facts are pretty easy to see. The Dow took 18 years from 1926 to 1944 to re-achieve its high point hit in 1926. Then there was a 22 year real bull market until 1966. The Dow hit a new highest peak ever. A bear started in 1966. It took the Dow another 18 years (1984) to re-achieve its 1966 high. That too was followed by an amazing 17 year bull market, followed by the 2000 market collapse. US stocks have been in a bear trend since.
Click on chart to enlarge.
You may be thinking, “It looks like the Dow shot well past its peak of 2000”.
Did it? If interest rates had not been ground down to zero, would there be so much pressure in the stock market now? If we look at the valuations of US shares that have risen extra have dramatically overpriced Wall Street in every fundamental way. If we discount the zero interest rate pressure, the stock market would be much lower and compared to other stock markets, it is highly overpriced, just waiting to fall.
Every 30 year period, we look at suggests that the Dow and the S&P and the NADAQ, are headed for a crash. This is true of the US dollar as well.
This is good news. The downturn will not signal the end of the bull. The last downward leg of the 2000 to 2016 (or 2017 0r 2018) bear is the start of a new bull market.
Look at the benefits you gain from this 30 year perspective. While most of the market worries about the end of a non existent bull, you are waiting for the real bear to end. While most investors worry about the next bear, you can’t wait for the upcoming bull. The 30 year long term perspective gives you a contrarian view, and contrarians almost always have the best results when investing. We can gain extra value in long term stock market and currency distortions.
We can gain short term profits from the rise in gold and silver, and we can leverage that profit as well.
This is why my predictions beginning last September have already created up to 62.40% profit in just six months.
There is no question that a correction is coming. Only the full timing can be in doubt. The question we must ask is, “Could the big break come in 2016 and could it break upon us right now?” The answer is “Yes”. When the bubble bursts, it can cause the perfect economic storm that makes a few investors, who are ready, rich.
Speaking to over 400 delegates.
Over the past 49 years, I have been a leader in taking advantage of economic distortions and trends. I have spoken to tens of thousands of investors over the past five decades and written to millions.
But this may be my most important warning yet.
Because so much of the media you are subjected to will lead you in exactly the wrong direction, I created a way for us as International Club members to remain in closer communication and for you to use all the things I’ve put together and want to help you with this throughout the year and into 2017.
In 2016, Merri’s, David’s and my mission is to share our nearly 50 years of experience in international business, investing and living to make others happier, healthier and wealthier.
Being in the International Club surrounds you with successful… positive… like-minded souls. This benefit alone is truly powerful stuff!
Join us for our High Mountain retreat that is strictly exclusive to club members and save over $4,000.
Focus on Better Health, Increased Income and Value Investing. Learn how to create a BIG INCOME by thinking SMALL.
In 2016, we will conduct six seminars; three online value investing seminars, one online Natural Health Seminar, one online Writer’s Camp.
Plus we will conduct just one Value Investing Retreat in person.
Members who attended our last Value Investing Seminar in October 2015 have already enjoyed up to 60% profit.
On September 3, 2015 I issued reports about these three distortions and recommended buying the share SLV with a loan in British pounds. I shared this strategy at our October 2015 Value Investing Seminar.
SLV Rose from $13.50 to $14.41. That’s not such a big deal, a 6.63% profit except… in the same period, the British pound fell from one pound buying $1.55 to one pound buying only $1.39.
A loan of 6,451 pounds brought $10,000 last September. By February 2016 it took only $8,966 to pay off the 6,451 loan.
Seminar delegates who borrowed $10,000 worth of pounds with a one time pound loan earned 20.06%. The profit on a four times pound loan has been 62.48% in just six months.
Our current online seminar explains why to pay off that pound loan now and how to switch the leverage to a US dollar loan at the lowest interest rate and add gold along with silver leveraged at 1.6 times. You’ll receive this immediately upon joining the club.
You also receive the report “Three Currency Patterns for 50% Profits or More. In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich. Some of my readers made enough to retire. Others picked up 50% currency gains. Then the cycle ended. Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview. He said: Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!
I did well then, but always thought, “I should have invested more!” Now those circumstances have come together and I am investing in them again.
The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar. The two conditions are in place again! There are currently ten good value (non US) developed markets, plus 10 good value emerging markets.
The report shows how to easily create a diversified, worry free portfolio in these good value markets using Country Index ETFs.
The current strength of the US dollar is a second remarkable similarity to 30 years ago. The dollar rose along with Wall Street. Profits came quickly over three years. Then the dollar dropped like a stone, by 51% in just two years. A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.
This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago. The trends are so clear that I created this short, but powerful report “Three Currency Patterns for 50% Profits or More.” This report shows how to earn an extra 50% from currency shifts with even small investments. I kept the report short and simple, but included links to 153 pages of Good Value Stock Market research and Asset Allocation Analysis.
The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000). There is extra profit potential of at least 50% so the report is worth a lot.
This report sells for $29.95 but you’ll receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you join the club.
Plus get the $27 report “The Gold-Silver Dip 2016” free.
With investors watching global stock markets bounce up and down, many missed two really important profit generating events. The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV). The second event was that the silver gold ratio hit 80 and has remained near this level, compared to a range of the 230s only two years ago.
These two events are a strong sign to invest in precious metals.
I prepared a special report “Silver Dip 2015” about a leveraged silver speculation that can increase the returns in a safe portfolio by as much as eight times. The purpose of the report was to share long term lessons about speculating in precious metals gained through 30 years of speculating and investing in gold and silver.
The low price of silver offered special value. I created this report because it offered enormous profit potential in 2016. As mentioned, profits have already been made and more potential exists now in silver and gold.
As an International Club member, you’ll receive this report immediately.
More than Investing
In the Club we look at more than investing.
Our first emphasis is on sharing all we have learned in our global travels about how to be naturally healthy. Health and vitality are keys to remaining energetic, flexible and adaptive so we can survive and prosper by embracing change. Few risks are as likely to ruin our health and wealth as Western health care and its costs.
The next emphasis is on turning passions into profit with a pinnacle career. We are here for a purpose and that driving force within us should be reflected in all we do. We earn doing what we love, we earn monetary profits as well as fulfillment and contentment. Extra income also reduces the demands we make on our savings and investments so we can be better investors.
Invest through a relentless search for value. We continually take long perspectives and mathematical reviews to see true value.
Club members receive all the online seminars for 12 months free plus can attend the August 12-13-14, 2016 Value Investing Retreat which is exclusive to club members.
In addition club membership includes:
- Personal investing Course (Pi), normally $299, FREE
- Self Fulfilled: How to be a Self Publisher, normally $299, FREE
- Eventful Business, (how to create a seminar and tour business) normally $349, FREE
- International Business Made EZ, normally $299, FREE
- Report: Three Economic Conditions for 50% or More Profit normally $29.95, FREE
- Report: Silver Dip 2016 normally $27, FREE
- Three online Value Investing Seminars, normally $477, FREE
- One online Natural Health Seminar, normally $119, FREE
- One online Writers Camp, normally $299, FREE
- Exclusive Value Investing Retreat in North Carolina, August 12-13-14, normally $799, FREE
- Three night’s accommodations at Merrily Farms, (on a space available basis) normally $315, FREE
You receive every report, course and seminar that Merri and I conduct. To purchase everything would cost $3,311. Club membership for 2016 is $1,199 so you save up to $2,112.
Gary Scott featured on Jyskebank, TV
Join David, Merri and me for the next year.
If you subscribed to any of the reports, subscriptions or online seminars, let me know (firstname.lastname@example.org). We’ll provide a deduction code for your club membership.
Absorb through Osmosis
Merri and I have been organizing courses, seminars and newsletters about International and Super Thinking lifestyles for over 30 years. The importance of this sharing…by like minded souls…was reinforced when a delegate from a course sent an email that said:
My Dearest Merri and Gary, Thank you for your most gracious hospitality last weekend. I am just thrilled at being a part of your group. You and Gary were exactly as I imagined you to be, warm friendly, kind, considerate, genuine, helpful, fun, sincere, what else can I say……I felt so comfortable in your presence and learned so much in your course. I was sad to leave the farm that Sunday afternoon. You made us all feel so welcome and cared about. You were so kind to make arrangements for a ride with the other delegates from the Charlotte Airport. They were so nice to me and so helpful, by the time the weekend was over I felt like they were my long lost brothers. Monday morning we all had breakfast at the airport together and I was so sad to see them go, I was sad the weekend was over, perhaps sad is not the right word for how I was feeling perhaps Gratitude is a better way to describe it. Grateful for having the opportunity to share the weekend with such wonderful, like minded Human Beings, in the beautiful mountains of North Carolina. Thank you, Merri and Gary. Thanks to you, I now have new hope and a new direction to move forward in my life. I know by attending your classes and conferences that through education and due diligence I will make the right choices.
This delegate’s comments about “belonging and feeling like a brother” to the other delegates is a wonderful refrain we have heard from our readers, year after year.
Over 30 years ago, Merri and I created a way that readers can join us to be immersed in a year-long learning program through our International Club.
The ideas behind this program began in Vienna, Austria while we were conducting a course there. One of our older delegates, had some sort of attack. The first fear was heart trouble. Several delegates took him to the hospital. Others stayed with him there. I don’t think that delegate was alone for a minute!
What impressed Merri and me was that no one asked the delegates to help this man.
The friendships of delegates sharing many courses had just grown so strong that it was a natural reaction, just as if a family member was ill. Fortunately, it was only travel fatigue and the delegate didn’t miss a session of the course!
When you join our International Club 2016 you become part of a special family. The very first member to join the club all those years ago wrote: Thank you for the enjoyable and informative courses. I am pleased to be part of your international family and look forward to continuing my education at the next course.
His feeling struck a familiar chord. It has always been one of my greatest satisfactions to see how much fun delegates have getting together, sharing information and making friendships as we learn how to improve our health and increase our wealth. In a way our meetings are almost like family reunions. Perhaps it is getting together and reflecting on what has been said and what has been happening.
Learning with those who are also interested in the world creates thoughts that multiply the value of what we gain. This is hard to describe but results are most powerful and wonderful! This is to me is as important as the great financial benefit of joining the club.
Another savings: Lifestyle for Two.
We want couples! As a member of the program, you are entitled to add other email address to every single course or tour, plus bring a partner to the August 12-13-14 Members Only retreat. The cost for that extra person will be ZERO! You can enroll and bring whomever you wish. Choose your spouse, a friend, son or daughter, partner, accountant, adviser. You can bring the same person each time or a different person, whomever you choose to accompany you.
Join with Merri, David and me for the next 12 months and attend the exclusive get together this summer.
Here is what a member sent to Merri and me about a past North Carolina seminar:
As a retiree who saw her retirement sustain considerable loss due to the economy, I found the information you presented during the three days to be extremely helpful and showed a plausible way for me to have some recovery. Besides all of the relevant information, your emphasis on honesty and the importance of not to be deceptive was reassuring. The bottom line is, that what gave real value to the information we were receiving and what made us feel comfortable was, that we felt you, Thomas and David were all people of good character. Something that is very important to us. Thank you, Gary and Merri, for providing a wonderful Seminar. Sincere regards.
Here is an unedited quote from another delegate:
Dear Gary and Merri: We so enjoyed attending the IBEZ Seminar this past weekend in Jefferson, NC. We loved the high country area, the nice people we met and particularly enjoyed the visit and tour of the New River Winery. We were lucky to sit at a table with four utterly charming southern women, one of whom was Haskell’s wife. We had a long drive home on Sunday and were sad that we had to leave and not be able to join you and our group for lunch at your farm and sad that we missed Merri’s cooking. We hope someday in the future we may have the opportunity to visit your property as we heard it is quite beautiful.
We’ll have a review of ideas on how to invest and earn extra income.
International Club members meeting for lunch at our North Carolina farm.
Another delegate wrote:
Hi Gary, Just a quick note to tell you again how much I enjoyed the seminar and seeing your lovely farm. I spoke to you briefly about deciding that I wanted the web course instead of mult-currency. Thank you for sending me that instead of the multi-currency. It may be two weeks, but I am starting to work on that site. I know from life experience that it is always better to focus on what you want to create instead of what you don’t want. So thank you for the buzz of creativity that you, David, and others from the group inspired. I am also interested in featuring the dulcamaras product on my site, along with testimonials. You mentioned a contact for that product. I would appreciate that information also. Smiles.
Delegates came up with many marketing and business ideas plus have fun.
Summer is a great time to be in the cool mountains with this view from our house!
International Club members meeting at our North Carolina Farm.
As the guests leave… in the dusk… there is always a moment of sadness. New important friends have been made. Interesting ideas shared and now we are moving apart. Yet we remain connected through the Club.
This delegate expressed it well when she wrote:
Thank you again for a truly life changing and life enhancing weekend. Best regards.
We hope you will join the club and attend the exclusive International Investing and Business Course in North Carolina like this delegate who wrote:
Hi Gary, It was wonderful to meet you and Merri at the IBEZ Conference this past weekend! You both are so warm and caring and have a genuine desire to help the people of Ecuador and others to build a successful business.
The classes were very insightful and jam packed with information and suggestions on how to start your very own web based business. You and David, your webmaster, presented the information in an easy to understand format that even computer dummies like me could understand.
The multi currency investing portion of the class presented by you and Thomas Fischer were very interesting and educational. It opened our eyes to new avenues of investing that we didn’t have a clue about before.
We would like to thank you and Merri for opening up your beautiful home to the class on Sunday afternoon and feeding us such a delicious lunch. This was the perfect ending to three days of fun and sharing of ideals and suggestions on how to make money from investing in property and multi currency to building a successful web site business and Importing/Exporting from Ecuador for profit. Thank you and Merri so much for everything. We look forward to attending additional conferences. Take care and hope to see you again soon.
The International Club fee has been $1,799 but due to the savings of conducting our courses online, we have been able to reduce the fee to $1,199. This is less than the normal fee we have charged in past years from one seminar.
If you cannot attend the High Mountain Retreat, you are still entitled to a three night stay on a space available basis at the farm during the season we are open. (June into October).
I invite you to be a member of the International Club which allows you and one of the exclusive guests at our August 2016 High Mountain retreat.
Let’s prosper in these times of change! Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year? Join us at our farm and online. We look forward to being with you!
Club members receive everything we offer in 2016, plus the exclusive August 12-13-14, 2016 High Mountain Retreat in August that includes the seminar.
P.S. Still not sure?
Here is a more detailed review of how we have helped clients and readers since we began writing and teaching how to earn and invest globally in 1968.
Many of my long term readers (in over 80 countries) know that after living in Hong Kong for 4 year in 1972 I spotted the emergence of the Hong Kong, Japanese, Australian and European stock markets.
Five years later, in 1976, I alerted my growing readership to skyrocketing London and Isle of Man real estate opportunities. Those who stuck with us then and invested abroad made fortunes while the Dow collapsed that year.
Five years after that, I helped the same readers avoid damage during the Black Friday crash of 1987.
Four more years down the road in 1992 I directed readers to an extraordinary growth in Naples, Florida property.
Perhaps I am best known by new readers that in 1995 when I spotted the great potential that was about to be unleashed in Ecuador. My wife, Merri, and I led tens of thousands of Americans, Canadians and Europeans to this extraordinary opportunity.
Here are some facts (most do not know) that last year led me to make an important prediction that has already netted 60% profit for some readers in the last six months as the Dow has continued a downwards trend falling nearly 2,000 points in the last year. Now I am about to make my most important prediction of the past five decades.
Here is why I am ramping up the critical nature of value with this urgent advice now.
48 years ago this May, in 1968, at the age of 21, I left a promising career with Prudential and moved to Hong Kong to let the Asians know about Wall Street and US mutual funds.
I quickly caught onto the fact that my adventuresome decision was exactly wrong, but created a huge chance for profit. The US Stock Market had started collapsing. The Hong Kong Stock Market was in a boom. An economic distortion then (in the 1970s) had been building for 30 years and was changing the world.
I saw that main street brokers realized the change (Merrill Lynch was offering a HK mutual fund in HK), but were not letting Americans know. These big businesses were hiding the upcoming US disaster. These big firms were terrified of the coming collapse and did not inform their clients. The 1970s recession put an end to America’s post-World War II economic boom. The oil and steel crisis, fall of the US dollar and increased competition from other countries such as Japan and Germany caused Wall Street shares to collapse. The Dow Jones Industrial Index fell from 7,209 to 2,309 in May of 1982.
Let’s refer to the 100 year chart of Dow Jones Industrial again.
I switched from letting Asians know about the US to telling Americans to invest in Hong Kong.
The big brokers quickly shut down my efforts to sell Hong Kong mutual funds in the US. I did an end run and became a publisher letting millions of American readers know about global investing. Then this created a group of merchant brokers from every continent to provide insights on how change would destroy millions but create fortunes for the few who saw what was coming.
In 1975, I published and distributed reports to millions recommending investing in the Hong Kong Stock Market and outlined how the stock markets of other developed democracies, specifically, Germany, Switzerland, England, Australia and Japan would explode… upwards.
Those markets did skyrocket.
Hong Kong Stock Market’s Heng Seng Index for example rose from 150 in the late 1960s to 28,016.34 by 2015.
Heng Seng Index from 1969 at en.wikipedia.org (2)
I was one of only a few publishers recommending global investments at that time and our readers made fortunes.
I have been writing and publishing information about economic distortions around the world since.
Writing about global investing ideas had led me to London, which was the center of most international economic information then.
I spotted the next big distortion. In 1979, seeing London as the center of global equity expansion, I moved to the City and in the process spotted a real estate distortion. I recommended investing in London real estate and began taking readers of my publications on London real estate tours. Prices skyrocketed. For example, one London house I bought for $33,000 is worth millions of dollars today.
While in London I spotted another real estate distortion on the Isle of Man. The Island was going through an economic transition and this island of 60,000 population had 2,000 properties for sale. Merri and I started taking readers there. One property I bid on for $90,000 later sold for over $1.5 million. Many readers purchased beach front Manx condos for $12,500 that are now selling for hundreds of thousands.
Then while visiting Naples, Florida, I saw relative bargains caused by another distortion. Real estate prices in Naples were a fraction of those in places like Miami, Palm Beach and Fort Lauderdale. Yet the Naples beaches and weather were better, the city quieter, cleaner and traffic jams unknown. We began acquiring Napes real estate and in 1985 started bringing our readers to Florida’s West Coast so they could immerse themselves in these wonderful opportunities.
I have continued to alert readers to great economic dangers and phenomenal profit opportunities to this day.
In a moment, I’ll share how I helped readers earn as much as 60% in just the last 6 months even while most stock markets crashed.
But I don’t bring up these facts to brag.
I’m sending this note because we’re about to see a major 30 year distortion finally unleash. The backlash could do enough damage to ruin millions of investors and wipe out the standards of a huge chunk of the middle class.
This distortion has been like a dam without a drainage trench. The tension has been building and has reached a point so stressed that when unleashed this may be the most terrible economic shock I have seen in the 48 years I have been talking and writing about global investing.
I have been warning readers about this especially severe disaster (and how to profit instead of lose), since January 28, 2015.
When this next distortion breaks loose, which it will, the infrastructure we take for granted will change in ways we never thought possible. Some other seasoned investment publishers (whom I have worked with for over 30 years) believe all of our systems will be tightly controlled or closed: our bank accounts, credit cards, wire transfers, ATMs, even the internet will shut down.
These publishers feel that stock markets will crash wildly out of control. They think Social Security checks will be at risk. Gas stations will be shut but there won’t be much reason to drive anyway. Everything we use on a daily basis will be hit. A food supply shutdown will create shortages and closings of super markets and restaurants.
These publishing friends may be right. Such a disaster may seem improbable, but I’ll show, how living through the complete meltdown of Ecuador taught me how and why such a spontaneous shut down could spread world wide, even to the USA.
However, I believe that the correction will be softer. We’ll see a growing inequality of purchasing power instead of a complete and sudden shutdown. There will still be money, still be gas, still be banks, still be food in the stores. The quality will just be less and many won’t be able to buy as much.
This gradual loss of purchasing power means we still have time if we act, now.
When could this sudden financial collapse or serious economic slide, happen? Here is why it could happen now.
Imagine the room-walnut paneled with carpeting that is deep blue, rich and plush. The table of polished oak is heavy and important, as are the men that sit around it. Tension hangs, thick. A soft hum, steady and calm, perhaps from a heating fan, goes unnoticed in the deathly silence. These men are powerful, but now they are afraid. The fear shows. They fidget, squirm, their faces tight with the tension. Many of them go pale when the man at the head of the table finally speaks. “Gentlemen, the nation is closer to a monetary collapse than we would like to believe.”
This scene sounds like one we would see in a tense melodrama at the movies. Even worse we could imagine that this was real. It was like this in Mexico just before the last devaluation of the Mexican peso. Think again. This scene is not fictional. The events above are all too real. More unfortunately the statement was not made in a third world nation.
The event upon which this scene is based actually took place in the United States of America at the headquarters of one of the most powerful financial institutions in the world, The Federal Reserve Bank. The man speaking was the chairman of the Federal Reserve, Alan Greenspan. His statement that the United States was closer to a monetary collapse than we would like to believe, was Greenspan’s and regretfully was very, very real.
To make matters most unfortunate. the statement was made by Alan Greenspan just after Black Friday, October 1987, almost 30 years ago when the U.S. stock market crashed.
At that time, Federal Reserve policy makers met and grimly speculated that a run on the dollar might trigger chaos. Despite the Fed’s reassuring public pronouncements, they confessed privately to an inability to foresee the economy’s future with any certainty. Greenspan underscored the seriousness of the situation saying at one point, “The nation is closer to a monetary collapse than we would like to believe.” So great was his concern that the meeting was kept secret. This information was only revealed years later in a Miami Herald article that exposed the secret meeting.
That crisis was in 1987 and the dangerous buildup of the next 30 year distortion began.
That 1987 crisis started an economic stimulus program that combined with the emergence of .dotcom shares made for the sharpest rise in the history of the US stock market. As it has always been (since before the time of Caesar), the politicians screwed the affluence up. There was another mini crisis in 2000 and another mini in 2008, each growing worse, each adding more stimulus created by borrowing and creating dollars. Each stimulus created more stress to the power of this 30 year distortion that continues to grow to this day. Each time there is a mini crisis, governments and central banks go to new lengths to keep economies going. They spend and borrow. They create money. They lower interest rates.
Through the annals of history such distortions have corrected every 30 years or so often with explosive results.
Now at the end of 30 years some governments are desperate. Recently the Bank of Japan lowered its key interest rate below zero for the first time. This is the starkest example yet of central banks having to push to new extremes to goad persistently sluggish economies back to life. Zero and negative interest rates are the most damaging way governments can regulate capitalism and are increasing the stress that will burst.
Zero interest is the first sucker punch in a one-two-three combination that can devastate millions of investors. This is a Ponzi scheme where governments rob money from the future and spend it badly in the here and now. Each downward economic wave of the last 30 years has created a larger mountain of debt that brings the world closer to an economy where there is no more future money to steal. The only way governments can afford to borrow more is to take it for nothing. That’s zero interest. In worst case scenarios, governments can charge you to borrow your own money. In Europe some bonds now have negative interest.
Zero interest is the first punch.
Next an IMF led second punch, is a most damaging regulation adding fuel to the fire of disaster. This regulation allows governments to decide where and when we can spend and invest our personal money.
The leaders of the IMF have been saying that that global investing freedom is not always good and is especially wrong in a crisis. Recently the current IMF Managing Director, Christine Lagarde, stated the governments realized there is a short-term nature and inherent volatility when investors have the freedom to invest where they choose. Her exact words were “freedom of investing of global capital flows are problematic.” My translation is “Big Sister thinks she knows how to spend my money better than I do”.
Such thinking is permeating governments. The Governor of the Bank of Japan, for example, suggested that China might benefit from stricter capital controls. The “more government control” thinking is spreading. India has tightened restrictions on its citizens’ access to foreign currency. Simply put, the Indian government forces its citizens to keep more of their money in India. That’s two of the three largest economies in the world already regulating where their citizens can invest.
The US is also under attack. Ms. Lagarde of the IMF stated that countries such as the U.S. should consider new regulations and tax policies that curb short-term debt flows and stimulate longer-term equity investments.
The IMF has been endorsing and even recommending the use of monetary controls in some cases to slow destabilizing inflows of investment. What that means is governments, not the market, should decide when we can cash in on successful investments and governments should decide if we can move our profits and investments back or not.
Such thinking completes the second sucker punch that rips at the purchasing power our savings and wealth.
We all work hard to earn. We sacrifice to save, so we can put capital to work for a better life better…or maybe to retire. Then the government decides that our capital shouldn’t pay us anything. Even worse they could charge a negative interest rate on our bank accounts and lock our money into the system. The alternative is to invest in a risky, over priced stock market and morbidly weak currency.
Over priced stocks and an over priced US dollar are the third sucker punch!
Inflation is already heating up. February 27th’s Wall Street Journal article, “U.S. Consumers Face Quickening Inflation” (3) is evidence of this fact.
To date we have been able to at least to choose where and in what currencies we invest. This is where we encounter the one-two-three punch. The zero or negative interest rate destroys the purchasing power of our savings. Capital controls lock us into a weak currency or market so we cannot take profits or protect our purchasing power from this inflation and currency loss.
Our savings, pensions and wealth can be floored by a combination of a falling stock market, crashing US dollar and inflation.
The purchasing power of the US dollar will fall. Even if pensions can pay what they have promised, the money in dollars won’t buy as much.
Social Security won’t be as useful either, if it is paid at all.
In 2013, just three years ago, there was a debt ceiling government shutdown. What would have happened if this had not been resolved? The Treasury Department only had enough funding to cover 60% of the country’s financial obligations. Some payments would have been missed.
Treasury would have had to ”prioritize payments”, pay some in full, leaving others to wait indefinitely to get paid. Social Security recipients were due an estimated $61 billion and could have been given the short end of the stick.
Experts expected that bond investors would be paid the interest they were owed to avoid default on debt held by the public.
But who would miss their payments? Social Security recipients? Active duty troops? Veterans?
Could Social Security really default? The answer is yes it could. An October 8 2013 Reuters article at finance.yahoo said: “President Barack Obama warned last week that Social Security benefits might not go out ‘on time’ if Congress does not raise the debt ceiling. Should seniors and disabled Americans really be worried about their benefits if the U.S. government runs out of borrowing capacity later this month? The answer is YES.”
I can make these predictions based on 30 year trends because I have been writing and teaching global investing for almost 50 years. Long term experience helps me spot distortions and cycles that have been building for even as long as 30 years. This experience has helped me steer my readers in the right direction again and again.
For example, my December 1999 World Reports (still at our website) said:
The emerging markets with the best value based on relative price earnings, price-to-cash flow and yield are: #1: Brazil, #2: China.
Brazil Bolsa Index December 1999 was 14.5K By July 2008 72.5K, up five times in 9 years. By the way, 6 months before the Brazilian market collapsed, our January 2008 email said: There are several changes in our performance ratings this month. Brazil is downgraded.
Historic Brazil stock market chart at www.tradingeconomics.com/brazil/stock-market (4)
Historic Shanghai stock chart at ieconomics.com (5)
I’ll make some strong claims in this note so I want to be sure they are backed up. Our reports started being posted online in the 1990s. The easiest way to check is to look at what I wrote, because everything posted is still there, over 5,000 pages of information. Each claim here is still at the website.
In December 1999, I wrote in my World Reports, “Equity markets are tenuous all over the world. Some bubbles are ready to burst. Investors must take care. Even when investing in the right areas there is risk. Look at the best value major markets for stability. Prepare for turmoil. Emerging markets may be hit hardest.”
Chart from www.macrotrends.net Dow Jones 100 year historical chart
That same week the Dow reached an all time high of 16,153 and began a plunge that did not stop until September 2002 at 9,953.
In September 2002 when shares had been tumbling for nearly two years, I wrote: Why would I now invest in Jyske Bank shares? Having been in the financial business for over 30 years I have a pretty good feel for what banks offer. I especially know what private banks offer and believe many are in for a big fall. Many huge international operations that have relied on privacy, a wink and a nod to attract customers are in for a nasty surprise. They just do not know what to do now that bank privacy is dead. Many big international banks are so bad, and their services are rooted in the past.
Shortly after, the Volcker Commission, which began an investigation in 1996, issued a report that led to lawsuits against Swiss banks and began the unraveling of Swiss Bank Privacy. By January 2003, the United States Department of Treasury announced a new information-sharing agreement under a U.S.-Swiss Income Tax Convention.
Jyske Bank shares soared in Denmark.
Chart Jyske Bank shares rising from 75 kroner to 475 kroner in six years.
In 2004, while working with Jyske Bank, we formulated and shared with readers five portfolios that rose dramatically ranging from 9.14% (the lowest) to 110.93% in seven months.
The next year was even better. The lowest performing portfolio rose from 9.14% to 38.67% and the highest performing from 110.93% to 266.30% by December 2007.
The chart above of the five portfolios is one I sent to my subscribers in 2007.
In 2007, despite the incredible profit and the fact that these portfolios continued to rise, I pulled the plug.
My warnings on August 17, 2007 said: “Such historical measures are so inexact that we cannot predict what will happen in the short term. The numbers are close enough that we could be entering the fourth sub cycle down (similar to 1976 to 1978). If so expect a sustained drop in markets for two to three years.”
The portfolios continued to rise and my September 21, 2007, message said: “Equity markets dropped again violently last month. Now these markets have recovered again. Yet this may be a last gasp party. This drop of interest rates at a time when inflation is beginning to soar could lead to a rapidly falling US dollar. We can see from the chart here that the dollar has done almost nothing but drop for 40 years. Yet much more dollar dropping could be in store.”
The portfolios continued to rise and my October 14, 2007 message stated: “Periods of high performance are followed by times of low returns. We never know for sure when an upwards cycle will stall. Fundamentals look good for a bright 2008 in emerging and equity markets, but this can change quickly so to give our readers a better perspective, this year we are reducing leverage and adding a sixth portfolio with no leverage to study”.
October 15, 2007 we wrote: “Okay, it’s time to turn the burner down.”
We offered a “leverage dwindling” warning on Oct. 26 where I explained to readers that I had eliminated even my modest leverage and wrote: “There is a final reason I liquidated my leverage now…to lead by example. Too many readers are thinking that the dollar short or dollar neutral Portfolios are only up 38% or 48% for the year. When one thinks that way they could be headed for trouble, so I hope investors will follow my lead and take greater care with their leverage.”
The November 8, 2007 Black Friday interim message warned about all the points and I wrote: “Based on the thinking above, plus one other vital factor last week I liquidated all my equity mutual funds and shifted into Swedish and Danish bonds instead.”
The day of this warning, the Dow began its drop from a pinnacle of almost 16,000 to and eventually crashed below 8,000.
That success alone helped many of our readers earn or save millions by focusing on value and long term financial dynamics instead of short term market swings.
Again, I don’t bring this up to brag but to highlight the importance of being able to spot long term cycles from experience. Each cycle has reaped enormous rewards for me and our readers. At the same time, vast numbers of people have been doomed, saw their savings destroyed, were evicted from their homes and lost jobs they thought would last.
The warning is especially dire because I believe the main flood of woes will hit right here in the USA because American investors are so locked into highly over priced US dollars.
I invite you to join me and a small selective group who for the next year will participate in an intensive program to protect our savings, pensions, income and wealth from these two devastating economic conditions.
This program is NOT a service that suggests which shares should be bought and sold or when. This is not a doom and gloom website.
This is a full year membership in a club where we share strategies and tactics learned over 48 years. Club membership can help you make decisions and take action based on what is best for you NOW.
The investments, business ideas and even health tips revealed in the program are ones I have invested in and use.
Though my wife, Merri, and son-in-law David Cross and I have purposely kept our business small (it’s just the three of us) over the thirty years we have developed a loose association with some of the brightest PhDs, analysts, banks and money managers who have proven themselves by the test of time.
I’ve been watching this 30 year distortion take shape and believe that 2016 could very well be the year of disaster.
In the 1980s crash, millions of investors were wiped out. But a remarkable set of economic circumstances I shared with readers helped them become remarkably rich. Some of my readers made enough profit to retire. Others picked up 50% currency gains.
Then the cycle ended. Warren Buffet explained the importance of this ending in a 1999 Fortune magazine interview. He said: “Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!”
Now I see those circumstances heading our way again.
The correction that will come from this distortion is unavoidable. It could have broken loose even last year. The low interest rates that are so disastrous in the long term at least gave us time to act. Low interest rates and a strong US dollar delayed this correction, because they reduced costs for US government borrowing. Now the arrival of the economic grim reaper is seriously past due!
The trend has already started and began in many small ways. Food prices have risen… a lot. Gas prices have crashed but this is not causing the economy to grow.
I believe there will a steady decline in purchasing power for the middle class. A few of the standard benefits of modern life will no longer be affordable. Vacations can become a luxury affordable for only a few. New vehicle purchases will end for most. Debt pay off will be unthinkable. Credit card debt will create a form of slavery for the majority middle class. Borrowers will be charged high interest, but the same banks that lend will pay next to nothing on savings accounts. There won’t be any cash left for emergencies and building up any retirement savings will be just unimaginable and not very useful anyway. Medical care will deteriorate even further. Many will die in waiting rooms and regular dental work could become a dream from the past.
I know how to protect against this decline and am reviewing my entire 48 year history in this note because many readers in the past have read my warnings but did not act. For instance, back in the late 1980s, I became convinced that the Japanese yen was overvalued. I was so sure, I wrote a report about the distortion called Borrow Low – Deposit High. The report recommended borrowing Japanese yen and investing the loan in Mexican pesos. Then we later switched to Canadian and finally US dollars.
At that time, the Japanese were seen as the upcoming leaders of the world. In 1993, one of my favorite authors, Michael Creighton, wrote his novel, “Rising Sun” which showed Japan dominating the economic world. The book was adapted to film starring Sean Connery and Wesley Snipes. Estimations showed that the value of just Tokyo’s real estate was worth more than all the real estate in California.
These distortions convinced me the valuation of the Japanese yen was way out of whack.
I was working closely with the Danish Jyske Bank, which was one of the largest currency and commodity traders in the world. My contact there told me that their trading department thought I was crazy for borrowing yen. They were laughing at me. Maybe going against those experts sounds crazy. Everyone thought I was insane for predicting a falling Japanese yen. Yet I stuck to my guns.
I persisted in borrowing yen and investing in US dollars despite the fact that Japanese stocks and the yen were at their highest point in history.
I added to my yen loan positions while traders were shorting the US dollar because those professionals were so stuck on the daily and weekly cycles that they ignored the longer trends and the distortions that created a strong yen. I was looking at the four to five year cycles. The yen would fall. I knew it. So the longer the yen remained strong the better. I and my readers were able to borrow yen at 3.75% and invest it in safe investments then that paid 8% and higher. The banks were literally paying us a huge profit to borrow yen.
Sure enough, the cycle ended. The yen bubble burst. The Japanese Stock Market began a decline, the yen crashed and Japan has never dominated in this way again. I collected huge profits as did the subscribers to my newsletter who followed me. The traders at Jyske did not laugh any more.
In 1995 the Japanese yen collapsed as shown in this Japanese yen chart (6) at fxtop.com
Professional traders refused to look at the big picture so missed the distortions that doomed Japan and the yen to failure.
We’ve run into short term thinking that could not see the bigger picture created by longer term distortions again and again.
In the case of the yen, my predictions were correct. My readers who invested by borrowing yen had a chance to become unbelievably rich. Yet I learned a lesson when conducting a seminar at the wonderful old hotel, The Tampa Bay Bel Mido, known as “The White Queen of The Gulf”. Built in 1897, it sits high on a bluff and combines old world charm, from the antique-filled Henry Library to the Tiffany Ballroom with its priceless skylights of stained glass, to its private resort setting.
I will never forget this hotel because I learned perhaps the most valuable lesson about investing. We were conducting an investing seminar there. As I arrived at the hotel to check in, even before I reached the registration desk, one of the delegates, a heart surgeon, approached me and vigorously shook my hand. “Gary,” he said, “I cannot thank you enough. I have followed your recommendations about borrowing yen and invest the loan and have made so much money, I have been able to buy a house on the beach.”
I felt a glow as I walked away headed for the check-in counter of the hotel. (One always feels good having helped a client and friend.) I was happy that the doctor had made a lot more profit than I did. I am conservative with my own investments and had only borrowed two to one. This doctor had borrowed four to one and had held on during the yen rise so he earned a lot more than I did.
However, the warm feelings did not last. Still before I could check in another delegate, also a medical professional, collared me. “Gary,” he said, “I am not even sure if I should be here. I followed your advice borrowing the yen. I invested the loan and lost every single penny.”
It turned out he had chosen to borrow six to one. When the yen appreciated short term and he was faced with putting up substantially more money he decided to cut his losses.
Three investors (two doctors and myself) with similar backgrounds and exactly the same information. All had the same investment information at the same bank yet we obtained three totally different results!
Here is another even more dramatic example.
In 1995 while on a research trip to Ecuador, I saw real estate distortions. Merri and I had recently taken huge profits from the sale of investment property in Naples, Florida. I knew that a 5,000 square foot Naples beach front property could be sold for as much as $2 million. In Ecuador I saw beautiful Ecuador beach real estate at prices as low as $300 an acre!
We began researching and recommending Ecuador real estate.
Most of my readers thought I was crazy. My reputation had been built on the idea of borrowing low and depositing high. I could see that the era of easy, cheap loans and high interest, safe bonds was over. I also saw that Ecuador offered some of the richest possibilities I had ever seen. Remember I (and many readers) had already reaped incredible profits by seeing real estate distortions in London, Isle of Man and Naples, Florida.
Readers shed my advice and my reader base plunged from over 23,000 readers to a mere 1,800. I kept investing in Ecuador.
Ecuador had just elected Abdalá Bucaram as President. He was called “El Loco” and many predicted that the country would go down the tanks. In fact in many ways it did. Bucaram only lasted six months before fleeing the country (with plastic bags full of money, it was said). Over the next ten years Ecuador had eight presidents. In 1998 Ecuador was bankrupted by the collapse of oil prices and by the effects of the El Nino and La Nina weather conditions on agricultural production. After oil, roses, bananas and shrimp are Ecuador’s main exports and largest source of foreign exchange. The weather hampered them all and Ecuador’s export earnings plunged. Prices of food and staples skyrocketed.
Ecuador’s currency, the sucre, fell from 3,000 to 25,000 sucres to the dollar in just a couple of years and the fall was accelerating. The sucre’s value fell by 82 percent in 1998. The minimum wage in Ecuador, equivalent to $30 a month, lost half its purchasing power in only six months. The country was an oil exporter but even ran out of gasoline. Transportation came to a complete stop.
President Jamil Mahuad, who had just taken office, faced one financial crisis after another. He finally ordered all savings and checking accounts frozen for a year. The government defaulted on part of its $20 billion in foreign debt, and ten of the country’s largest banks failed.
I kept investing in Ecuador and in my 1999 World Reports I wrote: I am far from discouraged and believe these incredible problems there create considerable opportunity especially in Ecuadorian real estate. There will be bargains of the century over the next year and I plan to take at least one group down to look at real estate in 2000.
I kept investing in Ecuador and brought a growing list of readers to this country.
Over the next 15 years Ecuador became one of the fastest rising expat real estate markets in the world. Today the same land that sold for $300 an acre can sell for upwards of $300,000 an acre and still be a bargain compared to US beach front prices. Houses that we helped subscribers buy for $30,000 now sell for $200,000 and more. Many readers who joined us made fortunes.
Over 20,000 readers who dropped out (because they thought I was crazy) lost on this opportunity.
My reader base of new readers grew over 20 times, almost more subscribers than we wanted!
By 2009, I saw that though Ecuador was still a very inexpensive place, the early extraordinary opportunity in Ecuador was gone and yet another huge distortion in the USA began to create the biggest trend I have seen. I began sharing this with my most loyal subscribers.
I began to invest in this new trend. I asked myself, “How can I help subscribers really believe this time?”
I doubt I can convince every subscriber this time around but I’m going to share my thinking and actions with you in a different way, in the hopes that maybe it will help you.
I do not want to lose you as a reader because of this shift. When the corrections take place this is the best time to become rich! When times seemed darkest in the early 1980s, the strongest bull market in history has actually begun and it lasted 15 years.
In the last 48 years, we’ve operated from Hong Kong, Europe, (The Netherlands) London, Florida and Ecuador. And with very little advertising have maintained a loyal readership grown by spotting global distortions and trends and sharing them with subscribers.
Each time we’ve seen distortions created by an anomaly in real estate, stock markets, currencies, lifestyles and business opportunities we’ve totally shifted our business and investing strategy . We have given our private subscribers an important opportunity to make their lives safer, better and richer.
That’s what I want to give you today. A chance to create a strategy that you can stick with, because when times look worst, value is created and this is the best time to become rich.
But before I do, there’s just one thing I haven’t told you yet.
Most investors will be caught flat footed in this next crunch because their imagination runs away with them. They do not worry enough about true value and the real cyclical problem but worry too much about future events that are not likely to occur.
I’ve laid out a solution in a report “Avoiding the Behavior Gap with the Ritual of the Golden String”. This is a never-before-published informational on the root asset that could be very helpful now to survive this next crisis.
The question of your economic survival is not whether a crash will come or not. The crash will come. Only no one knows exactly when or how deep the disaster might go.
The question of your success or failure will only be answered by your behavior.
The fact is all human beings are at risk of the “Behavior Gap”. The behavior gap causes loss because humans react more powerful to fear than logic.
“Avoiding the Behavior Gap with the Ritual of the Golden String” is not long. You can read it quickly to use as a primer for getting ready to adjust quickly.
There is one more problem we all have.
We can figure out a plan, create a strategy and then fail to follow through because we live in a cynical world. No one believes much of anything the government tells us anymore. No one trusts big business, not the police, not the medical establishment or the banks or brokers or insurance companies, not even the clergy. This fact has been established by the success of recent US presidential candidates who are highly politically incorrect. We are fed up with the lies and spin.
This loss of belief can cause us to freeze when we need courage in our convictions the most.
This is why I have prepared another report, “How to Invest in a Cynical World”. This report is longer than the Golden String but is still a quick read. Together they will get you ready to rev your engines and make 2016 your best year yet, even if the 30 year cycle causes a collapse.
I have prepared these reports because this time I really want more readers to truly understand. I want to have an entire year working with you so we can prosper together through any changes ahead.
I want to send you these two reports as primers for a year as an International Club member. The Club is where like-minded souls can take a positive view and think outside the box for better health, greater income and safer, more profitable investments in good times as well as bad.
What has happened?
Having this global experience years ago, Merri and I created two isolated and self-sufficient mountain ranches-one a 900 + acre hacienda in the Ecuadorian Andes. A 250 + acre Blue Ridge farm is the other. Both have huge sources of spring fed, high quality water and are capable of supporting our entire family and more.
Recently we decided to sell the Ecuadorian hacienda for family reasons. We can all reach the Blue Ridge more easily. In the unlikely worst circumstance, a good standard of life will require solar, wind or hydro power, local heating fuel, farming implements, livestock, plus guns and gear for hunting and fishing. We have them all.
We added a 16 acre farm in Central Florida where we harvest citrus on a very small commercial basis. The Blue Ridge gets mighty cold in the winter.
This need is unlikely and these purchases were not made based on any doom or gloom prediction. Our entire family loves the farm in the High Country of North Carolina. This is where most of us would rather be in good times.
This is what we will share with you this year, how to turn your passion into profit. You can and should have a good life that also creates protection.
We are in a win-win scenario. If we see a reduced standard of living instead of a complete meltdown, our lifestyle is better plus we gain health benefits from our locally grown food. If things get bad enough that we are down to food, clothing and shelter, we have a food crop to trade in both places, the citrus in Florida and in North Carolina I have been planting a cash crop of medicinals.
Speaking of medicine, we have also spent years working and living with healers who know natural health, shamans, yachaks, ayurvedic physicians, MDs, veterinarians and scientists who look beyond the surgery room and pharmacy. The health care system may break down further. Hospitals are already dangerous due to resistant bacteria and viruses. If a collapse is sudden and complete, health care may not be available. If the collapse is more gradual, as I expect, traditional Western health care could simply become unaffordable.
We have no debt. All of our properties are free and clear. We pay everything on a cash basis. Health care and debt have become two forms of middle class slavery. With zero interest rates on savings and rising interest rates (and hidden fees) on borrowing this shackle could become heavier.
I am sending this note because most people can’t or do not think they can take measures like we have. That’s because they have not had nearly 50 years to think about this and prepare. It is important to have learned or taken advantage of shifts that the sharing economy has brought.
Club members receive everything we offer in 2016, plus the exclusive August 12-13-14, 2016 High Mountain Retreat in August that includes the seminar.