Everyone is familiar with IQ, or intelligence quotient. IQ is an attempt to measure intelligence; however, it does not have much correlation to building wealth or success. For example, Bill Gates is a college dropout. I was at a conference this weekend where I heard the term AQ, or attitude quotient. I've also heard that "attitude controls your altitude". AQ is a much better indicator for determining success in whatever area of life. There are many synonyms and related term for this. Positive thinking, affirmations, neuro-linguistic programming, and others. But even more important word is behavior. Having positive thoughts is a start, but putting thoughts into action is the key step. "Actions speak louder than words". Another very popular sentiment is "Help others get what they want, and you'll get what you want".
Who is wise and understanding among you? Let him show it by his good life, by deeds done in the humility that comes from wisdom. James 3:13
Last week I mentioned that I would get into some particulars with information few people have. I am not psychic or clairvoyant, but I do pay attention to signs. Last week, the spot price of gold hit $785 per ounce, silver rose about $14.30, the US dollar index plunged to an all time low of 77 and dropping (since going off the Bretton Woods system in 1973 where the rating was 100), the current sub-prime loan debacle, etc. Oil hit $91 per barrel last week. The interrelated signs all point to the decline and possible crash of the US economy. We have had times of recession before, but not like this. We have not seen concurrent signs like this for over 75 years!
I'm not trying to alarm anyone, I'm trying to prepare. What can you do to protect yourself and survive the upcoming times? Eliminate debt as quickly as possible, buy assets that are rising in value (gold, silver, etc.), and educate yourself so you can recognize the signs. This will not happen overnight, but the danger of putting things off and ignoring the signs will lead you to a place you never thought possible. You wouldn't go on a vacation without a road map, don't go through life without one either!
More information is coming in future posts. Stay tuned ...
Monday, October 29, 2007
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