The Turning Point in American History

I like to think of myself as someone who does a lot of self-reflection. I know my weaknesses and I know my strengths. I try to be objective and hear out all sides of an argument. If I’m wrong, I’m wrong, no big deal. I think over the last few years I’ve proven that it is not me who has strong biases, it is our leaders. They are blinded by their political beliefs. They can not think outside the box and this will be our downfall.

We are at a turning point in American history that is still under-appreciated. I remember telling people 4 years ago that we had to elect Ron Paul. Of course I got the standard braindead arguments that he was “unelectable” and that with no income taxes, we would have no revenue. I retorted that we literally had no choice, because if we elected the standard candidate who spewed the standard BS (Obama anyone?), we would experience a huge debt crisis. Well hello! – the debt crisis is here, and trust me, you ain’t seen nothing yet.

If someone has terminal cancer and conventional medicine is guaranteed to fail, what do you have to lose by going with the “radical” solution? You HAVE to go “radical” if you want to live. That’s the position we’re in today. Freedom used to be a radical concept. Individualism was a radical concept. Equality before the law was a radical concept. But now people are nitpicking with Ron Paul over the efficacy of indirect taxes? Fiscal sanity is “radical”? Ending wars is “radical”? How positively asinine. Good lord, think for yourself people. This is all common sense.

The people who were scoffing at me when I was scooping up gold shares during the crash of 2008 have officially gone extinct. I know they still don’t believe what I’m saying, but they don’t have the credibility to argue with me anymore. There is going to be a dramatic rise in gold, perhaps around 2015. Do you understand human nature? Do you understand panics? These things will drive gold way higher, and it will resemble a crash in reverse. The debt crisis is really percolating in Europe and this is giving Americans a false sense of security, just as it did during the Great Depression. But eventually all eyes will be on the U.S., and this is when there will be rocket launch moves in gold and stocks. This is the megatrend that you should be preparing for. But most people will probably miss the boat on this one, as usual.

Don’t believe the lies: our economy isn’t at risk of going back into recession, we’ve been in recession. All notions to the contrary are just ludicrous. Yes I am buying real estate in an environment that I’m telling you is worse than advertised. But consider for a second that the recovery of the past 2 years was a lot weaker than most people anticipated. Did this mean it was a bad time to buy stocks in 2009? Not at all. You must be able to think independently and make moves that don’t make sense to the average person.

The Turning Point in American History is a post from: Expected Returns

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