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Thursday, February 24, 2011

The Moral of the Story: In every crisis, there is opportunity.


"We are all faced with a series of great opportunities brilliantly disguised
as impossible situations."
Charles R. Swindoll
Time to Turn Lemons Into Lemonade!
By Clayton Makepeace
So let me tell you a true story...
The year was 1976, and life was NOT good in America. And it wasn't just because disco was king and we suddenly found ourselves sporting silly-looking leisure suits.
America's name was being dragged through the dirt worldwide. In the preceding 24 months, Richard Nixon had resigned in disgrace and Saigon had fallen to the Vietcong.
Our new president, Gerald Ford - the only man in history to serve both as vice president and president of the United States without winning a single election - was proving himself to be an affable dunce.
Our nation was still reeling from the effects of a vicious two-year recession. Unemployment was actually worse than it is today: Nearly 8% of our workforce was out of work.
As if to add insult to injury, inflation rates - our cost of living - had soared more than 17% in the preceding 24 months. Our money had lost nearly one-fifth of its buying power in just two years - and our president's only solution was the idiotic proposal that we all wear lapel pins proclaiming "WIN" ("Whip Inflation Now").
Then, just when most investors thought things couldn't get worse... you guessed it: Things got worse.
California girl accidentally discovers $6 billion "Internet Goldmine"
Southern California native Valerie Johnson was simply shopping for pajamas online one day. And then... strictly by chance... she stumbled upon a rather unusual website. Most people have never heard of it. Not even most seasoned online entrepreneurs. But Valerie found it. And it changed her life forever.
Today... thanks largely to the $6 billion "Internet Goldmine" Valerie discovered... she can work from home, call her own shots, and live life completely on her own terms. What's more, her online business brought in close to $2 million in recession-slammed 2009!
Here's Valerie's story... PLUS a way for YOU to master the exact same website that helped Valerie become a seven-figure online entrepreneur.
Find out more.
Unsurprisingly, given the laundry list of woes just cited, millions of Americans were eager for "change." So in November of 1976, they elected Jimmy Carter as the 39th president of the United States. And just to make sure the new president would have no problem getting his economic programs passed into law, they also preserved his party's majority in both houses of Congress.
Now you'd expect any fiscally conservative entrepreneur to be deeply worried... even depressed... about the future at a time like that. But four men - Howard Ruff, Tom Phillips, Bob Kephart, and Jim Blanchard - were not depressed.
Instead, they rolled up their sleeves and laid the groundwork for what would soon be massive personal fortunes.
Because instead of obsessing over our country's massive economic problems or fixating on how the new administration's policies would only make matters worse, these four pioneers saw a huge opportunity.
First, they recognized that, between Nixon's corruption and Ford's economic incompetence, millions of people had lost faith in Washington's ability to do anything right.
They saw that millions of investors were even more alarmed over the new administration's economic plans.
They believed that many investors had come to the conclusion that Washington couldn't be trusted with the economy - and that the ONLY way to save their wealth would be to take matters into their own hands.
And they knew that those investors would gladly pay for leadership to help them protect and grow their wealth - to survive and prosper despite all the harm the government would surely inflict on the economy in the years ahead.
They were right on all counts. Within four years, inflation rates had tripled. The Prime Rate - the "preferred" interest rate that only the highest quality borrowers get - had hit 21%. The Dow had declined 20%. And the U.S. had sunk into yet another recession.
And in those years, Howard Ruff's Ruff Times... Jim Blanchard's Gold Newsletter... Bob Kephart'sInflation Survival Letter... and Tom Phillips's Pink Sheet on The Left... grew to become Blanchard Coin & Bullion... KCI Communications... Phillips Publishing International... and well, The Ruff Times, which, at its height, boasted 180,000 paid subscribers.
More to the point: Each of our four heroes amassed a personal fortune that ran into the tens of millions of dollars - in some cases, into the hundreds of millions.


The greater the crisis, the greater the opportunity.

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