Steps You Can Take to Protect Yourself From ‘Hurricane Reality’

Monday, August 8, 2011
By Paul Martin

by Anthony Wile
LewRockwell.com

Last week I discussed the nature of the “time taxers” and how easy it is for people to blindly be lulled into living their life in service of the State – or those who control it. And in that editorial I suggested that time, being the most precious commodity of all, is ours and ours alone to spend as we individually see fit – but that it takes knowledge of the world around us to separate the wheat from the chaff, so to speak.

Having said that, this week’s editorial will deal with some personal ideas and beliefs with respect to how people can protect their wealth amidst a global decline in confidence in fiat currencies – one that is justly going to propel the downward trajectory of them all and none more rapidly than the US dollar.

Now it has been said many times before that knowledge is power. And certainly that is true. However, I would argue that it is a certain type of knowledge – free-market thinking in its purest form – that enables one to perform a macro assessment of the world around them and to adequately predict the likely impact of major geopolitical actions and events on the overall business cycle. It involves assessing the dominant social themes being spun by the parasites who desire to siphon off the productivity of others by promoting the masses on an array of solutions to their manufactured fear-based problems. It involves a realistic assessment as to whether the larger segment of the population that tend to “dream” rather “think” will hand over their wealth and savings to the “dream weavers.”

Yet far too often I find people getting lost in that assessement process as they get stuck looking at individual trees in the hope of making a quick trade and they forget about the big forest. And the key to making good life decisions is to gauge the likely impact of the rhetoric that filters through the mainstream media airwaves and the likely emotional responses of the non-thinkers.

Now, I know that there are many people who “trade the market” and fashion themselves as market timers. And some, purportedly, are quite good at it. But protecting one’s wealth and investing in front of major trends is what this article is about – not identifying short term market swings. I’ll leave that up to the vast number of commentators and newsletter writers who are apparently much better at that than I.

Let’s take a look at some larger impacting issues of the past week and how they may affect the greatest financial trend of the past 100 years – the demise of the US dollar.

The Rest…HERE

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