As I write this Hurricane Irene, currently just south of Cape Lookout, North Carolina, is bearing down on the East Coast of the United States.
Image courtesy www.intellicast.com
In more than five States people are evacuating and making last minute preparations for the Hurricane. (To make preparations for coming financial storms invest in physical silver here.) I hope people are ready.
The funny thing about hurricanes is that we can pretty much predict with almost near certainty that one is going to happen. We don’t know exactly when they will arise or where they will make landfall, but it’s a pretty good bet that one or two will ravage the Caribbean every year or so.
We know hurricanes are coming and that they have the power to destroy lives and property, especially that of the unprepared, but people still fail to take the most minimal preparations…until the last minute. Then this is what they find…
You will find that the shelves are empty and that what you can find, you will have to pay much more money for it. That’s the penalty for waiting too long to take necessary precautions.
Just like with hurricanes, tornadoes and other natural disasters we can read the signs and tell when things are looking rough ahead. What are the signs of a pending economic storm? Things like:
- The currency is being debased
- Huge amounts debt, both private & public
- Massive amounts of fraud and corruption on Wall Street, in the government and banks
- State, local and federal governments that are virtually bankrupt
- Failure to restructure the insolvent big banks
- The continued destruction of capital by Federal Reserve policies
- The end of constitutional and personal freedoms in the United States
- The rise of the American police state
