Bank now, while you can.

This is a letter I wrote to a good friend of mine that sometimes I truly hate.
This person gave me investment advice that I did not want to take, but being in a relationship with this person, and just taking the fact that she makes 300k+ a year, I took it, not following the basic instinct of listening to my guts.





Hi P, how was your weekend?

Awesome weather, eh?

Okay, the reason of this message is to share with you a thought. I have to warn you that I might  be wrong in one or more things, but as you know, I have a different way to see things.

Well, bank.

Planes bank, you know, when doing a sharp turn?  There is a phrase that say -if I am not wrong-:" You can always bank on education."

Well, while driving my truck, I have lots of time to think, because I am using only the 1% of my whole brain activity, nevertheless the rest of my brain is like...working in autopilot, computing all the things I input into it, like market news, and stuff.

Well, my always busy brain came up with this:

Bank: Where you have your safety net, in case you need to bank on it -like banking on education-, when your usual income decreases or stops, like on vacations, contractions, recessions, or.... depressions.

Well, this means -for my brain-, that we all are supposed to have a BANK, a safety net, a mine in reverse, or a ...reverse mine!!! [just came out with this!]. Love my brain.

We all have our chicken of golden eggs: It could be some money invested, our JOB, our career, our skills, or... ALL TOGETHER.

But as economy go like waves, and lately this waves are more like hurricane waves -just like our weather-, today we may have a job, or our golden eggs chicken, and tomorrow, nothing, nada , Zero, gone!

Because of this, we all are supposed to have a good bank, specially if we like spending a lot, or we have a high life level.  On this BANK, not only the physical silver, gold, money, investments in India, or emerging countries, where economies are REAL economies, where credit is very restricted, and you own, what you really own, and you pay for what you really can pay financial services for. You need a plan B, a second income, or a route of escape.

Well, this principle my brain came up with, applies to micro economies, like ours, and macro economies, like big country economies.

I totally believe that we ALL should do anything China, or India does. I saw once on You Tube that China was encouraging people to buy silver and gold. I wonder why I didn't do it before, because yes, they were right.

Some time ago, maybe a year ago, China bought 200 tonnes of gold. Look at the price of gold today. Were they smart??? Yes, definitely.

Well, I think that we all should have our own bank, our own 'reverse mine' to bank on, so if the economy goes bad, like it is going to be going soon, we have a safety net to fall in to.

I look at the United States:
Their currency depends on how may oil transactions are done. Germans are smart, Germans got their Dollar Reserves turned into Gold years ago, because they know the Oil transactions will fade away with time.

So the American Dollar, eventually will fade, and will drag us Canadians with it, if we don't BANK, if we don't diversify, if we don't have our own mine, our stocks in India, Brazil, China, Russia.

Now, why Brazil, China, Russia, India?
The have human capital, lots of physicians -good ones!-, engineers, financial gurus, entrepreneurs. They have their reserves in Gold, and I bet, because I am not sure, almost Zero Debt.

The Dollar is changing to Gold, and it is doing it quietly, so the price doesn't rocket to 2500 per ounce. that's why you see that everybody is buying gold. The US government is buying gold too, but they are far far behind, like....200 meters under the sea  : [

On top of that, they are into debt like 200 meters under the sea too. That is an impossible debt to pay, and yes, it is like they take us 200 meters under the sea level, and then they release us for us to try to reach the surface, ummm....very unlikely.

Now, add the billions and billions of dollars on consumer debt. This means, we have a huge bubble, a fake bubble with the 'Petrodollar', and on top of that, the huge debt in consumer debt, because ppl usually don't own anything, they do not have anything solid 'to bank on'. They just rent their lives. Stupid Joneses. Who wants to keep up with them? they are broke!-and unhappy-.

Because of this, my advice to you, and to everybody is to stop living la vida loca, and start paying debt, which I would call: "Reverse Investment" because the more you pay, the more money you get in your pocket, and then with the money saved on interest, invest in your own business to generate more revenue to pay more debt, and when we reach the point of debt free, aim at Gold -yes, because it will reach CND$2000+-, Silver, and investing in India, so I recommend you to talk to your connections on how to get to invest in India, before it is too late.

I will invest somewhere else, where I have contacts.
In the mean time, I will work overtime to pay debt, and invest in Silver and Gold, no matter if I have to literally sleep in my work place.

Remember, NOTHING IS AN ACCIDENT, and if you are reading this words, it is because you are meant to read them, and make changes in your crazy life style, and in your spending.

Remember too, that everything changes, everything ends.

I still remember you had just a J.O.B, 65k a year, and yes 65k a year are for me is just minimum wage, then you got this, but now....what's next?

So bank now, do the SHARP TURN, and get out of the stream the media wants you to be: Totally blinded on what is really going on, because Europe is Done. Italy, Greece, Portugal, Spain, all of them are done because of the irresponsible mishandling of their economies. They slept over their laurels, taking 'their incomes for granted', which is what we all do, and then spending like no tomorrow, then covering our eyes when the credit card bill arrives, avoiding the 'd' word, etc.

What have Europe to sell?  Tourism. To who? Basically?....Americans.  How are the Americans doing: They are done, 200 meters under the sea level, and what happens if Europe sinks too? The biggest [fake] economies will fall, and the only survivors will be the emerging economies, where your money ought to be.

Why Canadian Prime Minister Harper went to Brazil, Colombia, and Costa Rica??   Because he needs new, and more solid partners in commerce. Why the Western Alliance is looking to open doors with China?? Becuase the EEUU our main customer is bankrupt. Actually they are doing this kind of late, but well...at least they are doing it.

Play it safe.
Just look at me, Who on this planet saw this recession comming?
Okay, there was some ppl, and they screamed at us, but we never listened.
Now how I am?
Stuck, no way to do what I want to do, so play it safe, and if someone is saying:"The sky is falling!! the Sky is Falliing!!!!!".....Listen for Pete's sake, because like the tallest fighter hits the floor harder when he falls, the highly leveraged business just go 'poofff!' and disappear in the air!


Good investing.