Saturday, May 3, 2008

Tora Tora Tora

In the past, I expressed my love of movies. Recently, I saw again the 1970 dramatization of the attack on Pearl Harbor called "Tora, Tora, Tora". These Japanese code words used literally mean "attack" on that early Sunday morning, December 7, 1941.

The things that always struck me about this movie are the systems in place. Throughout the movie, there are literally hundreds of extras performing various administrivia for their corresponding departments of the military. One person who would hand a message to another who would hand it to another which would open and read the message to another, who would notify a higher ranking commander. Furthermore, if items of information did not follow exact procedure for priority ranking, they would get processed for normal delivery. For example, if the radar warning from two airmen when the main attack was over 100 miles away had been listened to, how would events have been changed?

In retrospect, this all seems absurd because we have the benefit of hindsight to pick up on all the really important pieces of information and want to shout to the TV actors to "pay attention" to the vital pieces, as if we could change history. In real life and actual time line, many pieces of vital information also pass our attention as well. Do we pay attention? Do we understand the importance?

Think about this for a minute. How many pieces of information pass our attention on a daily basis? How about per week, per month? How do we recognize the importance or determine what is frivolous or not?

For months, I have passed a lot of information to my readers about many topics. Most of them are extremely important to my future, your future, the future of our country, and the future of the entire world. Have you recognized the importance? Have you acted on the information? Have you taken steps to protect yourself? Or, have you confined yourself to wait and see what happens? As always, the choice is yours.

As I have mentioned in previous posts in this blog regarding one of my mottoes
(the IKC principle) -
I
nformation is not Knowledge without Action,
K
nowledge creates Choices,
Choices allow us to Change our lives.

As with all Saturdays, I review key financial indicators to give a direction on the markets and what it means. The price of gold dropped a little lower from last week to close on Friday at $856.40 per ounce. Silver also fell slightly to close at $16.46 per ounce. The relative value the US dollar as compared against the other major world currencies rose this week to 73.50. This is the up from an all time low of 71.60 set during the last week in March. The price of oil also dropped slightly to $116.59 per barrel.

For months, these have been significant warning bells going off that our economy is in severe trouble. When precious metal prices go higher, investors are fleeing from other unstable investments to ones that have historical safety. When oil goes up, all prices follow in turn, and inflation becomes rampant. When the US dollar index continues to lose ground against other world currencies, other countries are losing faith that the government can make good on payments of US government securities and existing debt obligations. When historically strong investment banks like Bear Stearns' assets get sold as a fire sale, that is a sign of serious problems resulting from the created credit crisis. These are all warning bells, red lights, and sirens going off. Who is listening?

What good is a warning if no one listens to it? Changes need to be done, the solutions are out there. Is anyone acting? I am. I'm also teaching and showing others how to take advantage of the situation rather than to be overwhelmed by it. What are you doing? Are you waiting for the next President-elect. I assure you, nothing will change, regardless of who wins. You need to take action. Will you survive or be swept away? Again, the choice is yours.

Since they hated knowledge
and did not choose to fear the LORD,

since they would not accept my advice
and spurned my rebuke,

they will eat the fruit of their ways
and be filled with the fruit of their schemes.

For the waywardness of the simple will kill them,
and the complacency of fools will destroy them;

but whoever listens to me will live in safety
and be at ease, without fear of harm. Proverbs 1:29-33 (NIV)


If you have comments or questions, please feel free to contact me at the address below.
Email: DeltaInspire@panama-vo.com

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