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03-MARCH 07-2024

Incentive '24Things are working better now that I’m working with my chiropractor on my neck/headaches.  Tomorrow I get to visit a massage professional to see what benefits are available to my neck/shoulder and back with a one hour treatment.

Now here’s the rest of the news:

Is Inflation On The Rise Again?
Inflation picked up in January, according to the latest data, the Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding annual rate of… [Read More]

Why Socialists Don’t Care If Socialism “Works”
An economic look at socialism shows that it’s defective.  Every nation that has adopted socialism has seen universal abundance fail to materialize.  So socialists double down, and try harder – and instead of wealth, they get… [Read More]

Russia And China Find A Way Around Sanctions
Russia and Iran developed a way to avoid the U.S. dollar routing system known as SWIFT.  And now trade between the nations is booming… [Read More]

March 07, 2023

EfficiencyGood morning.
China put forward its latest economic growth targets… and it’s less than expected.  The country was expected to see a boom this year as harsh Covid lockdown measures were finally lifted in the country at the end of 2022.
If China doesn’t grow as much as expected, then chances are commodity prices will take a breather.  The biggest beneficiary may be U.S. consumers, as gas prices may stay lower at the pump for longer, freeing up money to spend elsewhere.  Energy prices have held up well the past few years, but remain well under the spike higher they made when Russia initially invaded Ukraine.
Investors may want to scale back more speculative energy trades right now.  Overall, slower global growth may also continue to weigh on stocks, so expect market volatility to continue.

Now here’s the rest of the news:

Brandon Smith: Inflation Smokescreens the Economic Dumpster Fire
The inevitable outcome was clear for a decade at least, but in the run up to the Covid lockdowns there were many economists in the corporate media that… [Read Here]

Is the Golden Age Of 2% Inflation Over?
Despite the Fed’s best efforts thus far to raise rates and cool off inflation, I don’t expect relief any time soon.  With that in mind, let’s look into the past to see what a longer period of inflation looks like… [Read Here]

Valentine '22Good morning.
Traders looking for a safe haven asset class amid Russia’s invasion of Ukraine have had a few options.  Gold prices have been volatile, although the metal is nowhere near its peak highs from the summer of 2020.  Oil has surged in recent days, again hitting a 7-year high, and in some parts of the country, or at least California, gas is hitting $6 per gallon.
But surprisingly, the big winner in the commodity space has been coal.  Russia is a major exporter, ranked third globally.  High quality coal prices have doubled in recent days as buyers are looking to other countries to supply the commodity.  That’s been a boon to US coal producers, and that trend may continue indefinitely given sanctions against Russia.

Precious Metals - 2022_03_05

Now here’s the rest of the news:

Russia, Ukraine Prove Gold Is Still the Best Safe Haven
Last week was a showcase in volatility that is rarely seen in the gold market.  Russia’s invasion of Ukraine sent gold flying past its 2011 high and up to $1,976, the highest… [Read Here]

March 07, 2022

“Don’t be discouraged by life’s little stings. Get back up and spread your wings.” –Mikailas Bees

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

Naturally beautiful: Lots of things to-do in and see at: North Cape, Prince Edward Island, Canada.

North-Cape

Our sea neighbour!

March 07, 2021

Are You Willing to Change?

Opposites indeed! from Carolita Johnson_2Whenever we’re talking about personal transformation — whether it’s physical (lose weight), financial (get out of debt), mental (overcome anxiety), spiritual, relational (repair a broken relationship), etc. — what we’re really talking about is change.  And for most, that can be scary.  In fact, many people don’t even entertain the idea of change until the pain of not changing becomes unbearable.

In other words, you have to be ready and willing to change.

While there are many things that can hold us back from changing, and more importantly, the personal transformation that we desire, we are often our own worst enemies.  Think about how many times you’ve gotten in your own way with negative self-talk, by peppering ourselves with self-criticism, and by doubting our capabilities.

This brings us to today’s power thought, brought to us by motivational author Louise Hay:

I am willing to release old, negative beliefs.  They are only beliefs that stand in my way.
My new thoughts are positive and fulfilling.

What’s great about this power thought is that it raises awareness, which is a primary tool in a mental ninja’s toolbox and critical for personal transformation.  In a non-judgmental way, start identifying times, places, and areas of your life when you are being self-critical, experiencing self-doubt, or thinking self-defeating thoughts.  Even better, when you do, replace them with positive, fulfilling thoughts.

To help raise awareness, ask important questions.  What are the thoughts and images going through my head?  Are they helping me, or are they hurting me?  Are they holding me back, or are they pushing me toward my goals?  Are these thoughts of success, or am I focused on failure?

Change Has Power3Another way to help raise awareness and displace those negative thoughts with more encouraging ones is to do push-ups.  Say what?  When you do catch yourself thinking negative thoughts, beating yourself up, or having self-doubt, do five pushups, squats, jumping jacks, burpees, whatever.  Choose your favorite because the idea is not to punish yourself; rather, it’s to break the cycle and raise that awareness.

Finally, choose a mantra.  Maybe it’s the power thought above or maybe it’s something else that’s more personal to you.  Choose something that’s important and relevant to you.  Something that encourages you, promotes positive, fulfilling thoughts, and reminds you what’s truly important.

To You … Change That Up!

March 07, 2019

Keep your dream

I have a friend named Monty Roberts who owns a horse ranch in San Ysidro.  He has let me use his house to put on fundraising events to raise money for youth at risk programs.

The last time I was there he introduced me by saying, “I want to tell you why I let Jack use my horse.”  It all goes back to a story about a young man who was the son of an itinerant horse trainer who would go from stable to stable, race track to race track, farm to farm and ranch to ranch, training horses.  As a result, the boy’s high school career was continually interrupted.  When he was a senior, he was asked to write a paper about what he wanted to be and do when he grew up.

“That night he wrote a seven-page paper describing his goal of someday owning a horse ranch.”  He wrote about his dream in great detail and he even drew a diagram of a 200-acre ranch, showing the location of all the buildings, the stables and the track.  Then he drew a detailed floor plan for a 4,000 square foot house that would sit on a 200-acre dream ranch.

He put a great deal of his heart into the project and the-next day he handed it in to his teacher.  Two days later he received his paper back.  On the front page was a large red F with a note that read, ‘See me after class.’  The boy with the dream went to see the teacher after class and asked, “Why did I receive an F?”

“The teacher said, “This is an unrealistic dream for a young boy like you.  You have no money.  You come from an itinerant family.  You have no resources. Owning a horse ranch requires a lot of money.  You have to buy the land.  You have to pay for the original breeding stock and later you’ll have to pay large stud fees.  There’s no way you could ever do it.”  Then the teacher added, “It you will rewrite this paper with a more realistic goal, I will reconsider your grade.”

The boy went home and thought about it long and hard.  He asked his father what he should do.  His father said, “Look, son, you have to make up your own mind on this.  However, I think it is a very important decision for you.”  Finally, after sitting with it for a week, the boy turned in the same paper, making no changes at all.

He stated, “You can keep the F and I’ll keep my dream.”

Monty then turned to the assembled group and said, “I tell you this story because you are sitting in my 4,000-square-foot house in the middle of my 200-acre horse ranch.  I still have that school paper framed over the fireplace.”  He added, “The best part of the story is that two summers ago that same school teacher brought 30 kids to camp out on my ranch for a week.”  When the teacher was leaving, he said, “Look, Monty, I can tell you this now.  When I was your teacher, I was something of a dream stealer.  During those years I stole a lot of kids’ dreams.  Fortunately you had enough gumption not to give up on yours.”

“Don’t let anyone steal your dreams.  Follow your heart, no matter what?  😉

IMG_0712
Come From Aways, Do You?

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