Merging is a universal fundamental law.
This aspect of reality affects populations, relationships,
economies, nutrition…really everything. We can
look at most of life in terms of how they merge. Food
merges with the body to become energy and mass. Light merges
with the optic nerve to become our picture of the world,
Recent messages have been leading
to one of the most subtle, yet most important mergers,
we may ever know….being thankful.
These messages have reviewed how to look
at things in thankful ways. They have also looked at how
spinal connections affect our thoughts and create our health.
The health creates our thoughts in return!
When we merge thankful thoughts with our
bodies, we become healthier. This improved health improves
our thoughts. Better thinking helps us have everlasting
Easy to say…but how easy is it
to do? This I do not know, except one simple thing.
Just find something to be thankful for every day.
I have been asking you to send me what
you are most thankful for. Here is what Steve Marchant,
our man in Ecuador, wrote:
“Gary, I am thankful for my luck
on fishing boats. In the early eighties I worked on 8 different
fishing boats in Alaska. We were in some hairy storms in
the Gulf of Alaska. Giant waves crashed over the wheelhouse
on one occasion and broke the deck on another. We never
lost anyone while I was there. But, of those 8 boats, 4
sank after I got off them. Fishermen are a superstitious
lot. After I successfully secured a job on an old wooden
Seattle-based Norwegian schooner I casually mentioned the
ignominious history of my previous vessels during the evening
meal. You could have heard a seagull squawk. I knew many
who did die over the years, so I was always thankful and
continue to be so.”
Please send me a note and tell me what
you are thankful for to firstname.lastname@example.org
For example, let’s look
at why we should be thankful for the mess the Fed is
making of the greenback.
Smart investors are always thankful when
a government decides to buck an irresistible trend based
on fundamentals. This is like trying to dam a raging river. Eventually
that dam will break.
Thomas Fischer just wrote to me that the
Fed is supporting the US dollar. He said that though the
US current account deficit for the first quarter of 2006
was 6.3 % of GDP and yet foreign investors are still financing
this all-time high current-account deficit without demanding
a premium. But there should be concern about the welfare
of the dollar. There is a reduced interest among foreign
investors for dollar investing is a trend could grow that
will force the US to pay higher interest rates to attract
The dollar seems to be holding up despite
the terrible debt and deficits but the main reason for
this is the Fed’s support. There is a real need for
a significant dollar depreciation. This was expressed at
the G7 meeting in April. Instead, the Fed seems to be protecting
Be thankful for this. It’s a rare
occasion when we know what must happen in currency markets.
Yet we do. The US dollar must fall and because of Fed support
we are given time to invest in emerging currencies and
even major European investments at bargain prices.
The South African rand, Turkish lira,
New Zealand dollar, Hungarian florin and other emerging
currencies have sagged mightily this year. They now pay
high interest rates and have great potential for appreciation. The
dollar's time will come. Its fall will create even
more inflation. Many will suffer. We should be thankful
that we do not have to be among those who lose.
Learn more about fighting inflation
by investing in emerging currencies, gold, silver, Ecuador,
import-export, overseas markets and more. Join Merri,
Thomas Fischer from Jyske Bank Copenhagen and Steve Marchant
from Ecuador and me at our September 15-16-17, 2006 International
Business and Investing Made EZ course in North Carolina.
Review where to invest and do business now and learn
which markets and currencies may be strong in the year
ahead. Learn more about Ecuador from Steve. Our May course
was overbooked and the September course is filling up
quickly. Our free accommodations here on the farm are
reserved on a first come first served basis so do not
delay! Go to http://www.garyascott.com/catalog/ibeznc.html
We can see the effects of inflation now.
Yesterday we saw that due to huge expenditures on bombs
and war, interest and misguided medical costs, this great
nation has to close schools and can’t even afford
to keep its jails open. See more at http://www.co.washington.or.us/cgi/sheriff/lec.pl
There is more. As we traveled to Portland
we were shocked by the decay in the Atlanta airport. The
seats were cracked and stuffing falling out. In places
the carpets were not just frayed and worn, they were replaced
with cardboard, like at some third world airport.
A June 20, 2006 USA Today article entitled “Blame
oil prices for those potholes,’ tells how America
can no longer even repair its roads. The article; says: “Drivers
be prepared for bumpy roads. Both price and availability
problems are forcing local governments across the USA to
scale back or cancel road projects this summer.” The
article ends with a quote from a contracts administrator
at a construction company: “Eventually you’re
going to have to fix those roads. But if you’re out
of money, you’re out of money.” Spend money
on Iraq and let the nation fall apart. Isn’t that
Yet it gets worse.