Economic Solutions - Mar 11th...

"Wisdom and knowledge, as well as virtue, diffused generally among the body of the people, being necessary for the preservation of their rights and liberties, and as these depend on spreading the opportunities and advantages of education in the various parts of the country, and among the different orders of people, it shall be the duty of legislators and magistrates...to cherish the interest of literature and the sciences, and all seminaries of them."

-JOHN ADAMS

MARKET NEWS DIGEST

U.S. Trade Deficit $58.3 Bln in Jan; Imports Surged -BL

March 11 (Bloomberg) -- The U.S. trade gap widened 4.5 percent in January to the second largest ever, as demand for consumer goods, automobiles and business equipment pushed imports to a record. U.S. exports were the highest ever.

Imports of goods and services exceeded exports by $58.3 billion in January after narrowing to $55.7 billion in December, the Commerce Department said today in Washington. January's deficit is second only to November's $59.4 billion.

Employment gains are helping sustain U.S. consumer spending on foreign-made products, while U.S. companies are investing in capital equipment from domestic and overseas suppliers as growth in the world's largest economy outpaces that of Europe and Japan. A decline in the value of the dollar, which makes U.S. exports cheaper, may limit the expansion of the trade gap this year, economists said.

``Consumer demand for foreign goods is insatiable,'' Christopher Rupkey, an economist at Bank of Tokyo-Mitsubishi in New York, said before the report. ``Imported goods of every stripe and color continue to be unloaded at ports on the West Coast.''

http://www.bloomberg.com

Gold hits new high for 2005, eyes $450/oz
By Veronica Brown

LONDON, March 10 (Reuters) - Gold scaled a fresh peak for 2005 on Thursday as a sickly dollar prompted investors to pour more cash into the metal, with further gains on the cards, dealers and analysts say.

Bullion, which made a weak start to the year after vaulting to a 16-1/2 year peak in December at $456.75, has returned to form since early February with fund buyers heaping fuel on the rally as part of a wider commodity shopping spree.

The dominant driver has been dollar weakness, which makes metals denominated in the currency cheaper for non-U.S. buyers.

"I think we're swimming with the tide on gold. There are definitely more players entering the markets and the funds have been inclined to buy and hold," analyst Ross Norman of TheBullionDesk.com said.

Gold rose to $442.40 an ounce in Asian activity overnight, its highest since December 29 when the price hit $444.15.

By 1015 GMT, spot gold was trading at $440.50/441.25 per troy ounce, from $440.00/440.70 in late New York trade.

The dollar dipped to a two-month low against the euro after comments from Japan's Prime Minister Junichiro Koizumu raised speculation about Asian central bank diversification away from the U.S. currency.

"What we see today is more fund buying. The short-term target is $444 and, ultimately, we should go up to $450," An Asian dealer said.

Barclays Capital analyst Kamal Naqvi said that while $450 was an obvious psychological marker for bullion, activity had not been that impressive.

"It will be an interesting test today to see whether the comments from Koizumu do lead to increased activity with higher prices. To really demonstrate enthusiasm for higher gold prices you would want to see a combination of increased trading with the price," he said.

TIGHT BAR SUPPLY

Investors normally cash in gold gains but dealers said tight supply for gold bars and steady demand from jewellery manufacturers kept premiums in Singapore at 60 U.S. cents an ounce to London spot price, versus 20 U.S. cents in mid-January.

The euro rose as high as $1.3456 before easing to $1.3413, staying above the late U.S. level of $1.3392.

Friday's U.S. trade data is expected to show the deficit widened to $56.50 billion in January from December's $56.40 billion, a move closer to record levels hit late last year.

"We expect a further deterioration (in the trade deficit) ...although how much of this is already being priced into the market, given the recent slide in the dollar, will become clear tomorrow," HSBC metals analyst Alan Williamson said.

http://www.reuters.com

Commodity Prices Climb to 24-Year High -BL
Mar. 9, 2005

March 8 (Bloomberg) -- Commodity prices surged to a 24-year high, led by gains in copper and crude oil, on concern that global economic growth is eroding inventories of raw materials faster than supplies can be replenished.

Copper reached a 16-year high, and oil rose near a record in New York, extending the rally in the Reuters-CRB Index of 17 commodities to the highest since January 1981. The index gained 7.1 percent in February, the most in any month since August 1983.

``Everybody wants to be long of commodities,'' said Stephen Briggs, an analyst at Societe Generale in London. Hedge fund managers ``think that the potential returns in commodities are still very high,'' Briggs said.

The Reuters-CRB Index rose 3.28 to 312.65, the eighth straight gain. Commodity prices are up 15 percent in the past year, in part because of rising demand and a decline in the dollar, which makes commodities priced in the U.S. currency cheaper for buyers using the euro or yen.

http://www.reuters.com

Related Story:
3-6-05--Gold guru Murenbeeld sees bullion at $459 in 2005 -Reuters -- TORONTO , March 6 (Reuters) - Global gold guru Martin Murenbeeld predicted on Sunday that the price of bullion should average $459 an ounce this year, a 12 percent rise on 2004's mean price and almost six percent up on current levels, helped by a weakening U.S. dollar.

NEW YORK (CNN/Money) - Stocks slumped for a third straight session Thursday, with tech getting hit the hardest in the early afternoon, as worries about inflation persisted, even as oil prices and bond yields fell.

The Nasdaq composite fell around 0.7 percent just after noon.

The Dow Jones industrial average was little changed and the Standard & Poor's 500 index posted a small decline.

After closing at its highest level since June of 2001 last Friday, the Dow has fallen each day this week. The broader S&P 500 peaked Monday, closing at its highest point since July 2001, and has fallen since then.

The Nasdaq, which has lagged the other major gauges over the last six weeks, also managed to gain Monday, but then was hit Tuesday and Wednesday.

A consolidation after the almost six-week rally and new worries about inflation sparked the selloff. The inflationary concerns also pushed oil prices to within shouting distance of all-time highs. Treasury bond prices slid, propelling yields on bets that interest rates are set to rise, and the dollar continued its descent.

Thursday marks the fifth anniversary of the Nasdaq's all-time high in March 2000, near the end of the Internet bubble. The Nasdaq closed above 5,000 for the first time on March 9, 2000 and hit an all-time closing high of 5,048.62 on March 10 of that year.

3-10-05 -- Five Years Later and Still Floating -NYT - By JAMES GRANT...TODAY marks the fifth anniversary of the peak of the great millennial stock market. What were you doing when the lights began to dim? Were you a bull or a bear? Rich or otherwise?

Gas prices increasing due to cost of crude oil, other factors -AP
Mar. 7, 2005

CAMARILLO, Calif. (AP) - Gas prices increased in the past two weeks as the cost of crude oil jumped, and a combination of factors could push prices at the pump even higher, an industry analyst said Sunday.

The average retail price for all three grades increased 6.71 cents to $2 per gallon between Feb. 19 and Friday, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations across the country.

The most popular grade, self-serve regular, was priced at $1.97 a gallon, while customers paid $2.07 for midgrade. Premium averaged $2.16 a gallon for the period.

During the past two weeks, crude oil prices rose $5.43 to $53.78 per barrel. Lundberg said even higher prices can be expected at the pump.

http://www.ap.org

Related Stories:
3-10-05 -- Gas tops $2 a gallon - CNN/Money -- AAA says soaring gasoline futures are to blame...
3-8-05--U.S. govt sees record gasoline price of $2.15 a gallon -Reuters...WASHINGTON (Reuters) - U.S. gasoline prices will hit a new record high this spring, reaching a national monthly average of $2.15 a gallon, the government said on Tuesday. During the busy 2005 driving season, which runs from April through September, gasoline will average $2.10 a gallon, up 20 cents from the same period last year, the Energy Information Administration said in its monthly energy forecast.

$5 GAS COMING SOON? -- 3-3-05 -- SWISS AMERICA SPECIAL REPORT -- Oil prices jumped from $17 in 2001 to over $55 in 2004 -- skyrocketing 65 percent in the past year alone! Gas is already over $4.00 per gallon in all of the top 10 most expensive cities in the world. Demand is swamping available capacity which means high oil prices are here to stay. Here's what do about it...

Buffett on dollar and trade deficit -FT
London Financial Times
March 6, 2005

Warren Buffett's letters to shareholders at times read like scripts from The Waltons TV show. But the billionaire fund manager's folksy style is a breath of fresh air for currency investors used to the obfuscation of Alan Greenspan, chairman of the Federal Reserve.

Mr Buffett believes the dollar has further to fall and the US trade deficit risks turning America into a "sharecropper's society". It is only fair to point out that the chairman of Berkshire Hathaway is talking his own book. The value of the group's foreign exchange contracts mostly short positions against the dollar increased to $21.4bn at December 31 2004 from $12bn the previous year. That caveat aside, Mr Buffett's reasoning has merit.

Some might argue that while foreigners are happy to finance the US deficit by recycling their corresponding surpluses into dollar assets the situation is sustainable. But, as Mr Buffett's sharecropping analogy highlights, that argument ignores the transfer of wealth that accompanies persistent large trade deficits. US net external liabilities are currently about three times export earnings. With a trade deficit amounting to 5.4 per cent of gross domestic product, net indebtedness continues to grow. It is unlikely that America can trade its way out of the problem. Since 1991, the share of exports in US GDP has remained static, at close to 10 per cent, while the share of imports has jumped by five percentage points.

Not all of the transfer of wealth to the rest of the world leaves US control. Part of the deficit reflects trade between US-based companies and their overseas subsidiaries. But it has been the willingness of foreign central banks, particularly in Asia, to accumulate currency reserves that has allowed the deficit to persist without more significant dollar depreciation. As US indebtedness grows, so does the risk that its creditors' appetite for dollar assets wanes or they at least require a higher return. The dollar has already proved sensitive to suggestions that South Korea might diversify the currencies in which it holds its foreign exchange reserves. In Mr Buffett's words, US "spendthrift behaviour won't be tolerated indefinitely".

http://www.ft.com

Brother, can you spare a $1.3 million dime? -BSun
The 1894 coin sold at auction held here
By Carl Schoettler
Baltimore Sun Staff
March 9, 2005

It's just a tiny sliver of silver. Its face value wouldn't buy you a candy bar or a phone call. So what makes this one thin, tarnished Liberty Head dime, minted in San Francisco in 1894 and sold at auction in Baltimore on Monday, worth $1,322,500?

Well, only 24 were minted, only nine are known to still exist - and collectors love it.

"It's one of the most important coins in all of United States' numismatics," says John Feigenbaum, using the high-priced term for coin collecting. "The date itself is one of the three greatest dates of coins to buy, and this one is the finest of that date.

"It's like saying Renoir, van Gogh and Monet, and saying which is the best painting by one of those three," he says. "It's the greatest of one of the greats."

You might think Feigenbaum is given to hyperbole. But he can afford to be. His firm sold the 1894 dime at an auction at the Harbor Court Hotel on Monday, and made a tidy 15 percent on the sale.

His father, the late David Lawrence Feigenbaum, called the Liberty Head "a numismatic giant" when he sold it in 1998 to Bradley Hirst, a retired fish tank manufacturer of Richmond, Ind., for $825,000.

These days, with the collectible coin market booming, Hirst is putting his famed Richmond Collection on the block. The auction at the Harbor Court was the third disposing of his coins. Monday's sale brought a total of $6.5 million. Two earlier auctions in New York and in Baltimore brought in $18.5 million.

FULL STORY

COMMENTARY

Real Money -Richard Russell, DTL
Dow Theory Letters
01/29/2005

Richard Russell, author of the Dow Theory Letters, continues to warn investors that the stock market is headed for trouble, along with the entire economy which he characterizes as being in a state of 'gradual inflation.' So where's an investor to invest?

If both the Dow Jones Industrials and the transports manage to break below their January lows, "I'd probably sit tight with most of my preferreds and bonds, and I'd probably sit with my kid's utilities, but with stops under them. When important lows are violated, you just don't (unfortunately) know how much damage lies ahead, and the operative thesis is always -- DO NOT TAKE THE BIG LOSS. The only way to avoid the big loss is to reduce risk, and that means moving toward more cash and moving increasingly out of common stocks."

What about gold in the current environment of gradual inflation?

"I never worry about the price of gold. Gold is real money, and it always will be, despite the efforts of the central banks to have you think otherwise. Honestly, I worry about a lot of things, but I don't worry about gold. How about gold stocks? Somewhere ahead gold is going to take off to the upside, and that's where the gold stocks will make up for lost time. Very frankly, I don't think the cycles or Elliott or trendlines are going to tell us when gold is ready to make its move.

"My attitude is that gold made its low in 2002 and recently rose to a 16-year high. You decide how much gold you're willing to hold, and then you forget it. Because inflation is wanted and needed in the US, the long-term trend of the dollar is down. The dollar's decline will be erratic, it will probably take place over years, not weeks or months. Gold can be likened to a Picasso painting or an autographed letter from George Washington or a flawless D-color 10-carat diamond. You just hold it. You don't try to get a quote on it every week. You consider it the safest part of your wealth, and that's it. What do you do with your gold? You leave it to your spouse or your kids or your best friend.

"Gold is true wealth, discovered by expensive methods, brought out of the ground by sweat and capital. Gold can't be manufactured out of thin air by the Fed, and maybe that's the major difference. Nah, I don't worry about gold, if I have to worry, I worry about my dollar denominated assets. Now there's something that is legitimately worth worrying about.

"Remember, when this bear market started I wrote that "In a primary bear market, everyone loses, and the winner is the one who loses the least." I'll stand by that statement, and this bear market has hardly begun."

http://www.aureport.com

Your Tangible Asset Portfolio -Craig R. Smith, SATC
Mar. 7, 2005

So far in the 21st century, gold and silver coins have outperformed almost every other asset class, such as stocks, bonds, CDs and mutual funds. September 11, 2001 changed the economic landscape dramatically yet many financial "experts" have yet not changed their recommendations to include tangible assets, like gold and silver coins.

Building a financial portfolio that is able to withstand the storms of life is not easy. Every financial advisor has a little different perspective on which assets offer the best return and safety but wise counselors now recommend gold and silver as portfolio hedges.

Swiss America would like to help you make sure that your 'investment pyramid' is secured with a solid foundation but, first we need some honest answers to the following three important questions ...

1. HOW LONG DO YOU PLAN TO HOLD YOUR INVESTMENT?
2. WHAT LEVEL OF RETURN DO YOU HOPE TO ACHIEVE?
3. WHAT DEGREE OF RISK ARE YOU PREPARED TO ACCEPT?

Based on your personal choices, you should adjust your portfolio to fit your goals. Swiss America offers a two-way liquid market in all U.S. gold and silver coins and bullion-related products.

The best way to determine the percentage of your portfolio that should be allocated to tangible assets is to discuss your goals with a Swiss America broker by calling toll-free: 1-800-289-2646.

P.S. Build a solid portfolio from the bottom up ...

Low Risk category could include cash, T-bills, CD's, money market funds, annuities, etc. SATC recommends gold and silver bullion coins in this category.

Limited Risk category could include residence, retirement plans, Treasury bonds, etc. SATC recommends investment-grade U.S. gold and silver coins in this category.

Moderate Risk category could include blue chip stocks, preferred stocks, mutual funds, stock/index options, leveraged real estate, equity partnerships, etc.

High Risk category could include tech/high growth stocks, aggressive growth mutual funds, emerging markets, high-yield (junk) bonds, art, commodity future contracts, venture capital, gemstones, etc.

Read more in the latest RMP "Economic Solutions for the 21st Century" ... FREE!

From Jobless to Wageless -Stephen Roach, MS
Mar. 7, 2005

Fully 39 months since the last recession ended in November 2001 and the American job machine finally seems to be back in gear. Hiring gains are still not spectacular when judged against earlier cycles, but as underscored by the 262,000 gain in nonfarm business payrolls in February, they have certainly been on the upswing over the past year. Unfortunately, the quality of hiring remains decidedly subpar -- dominated by those toiling at the low end of the pay spectrum. Moreover, an even bigger hole remains in the US labor market: Despite generally sharp increases in productivity since 1995, there has been no discernible pick-up in real wages. The character of America's recovery has shifted from jobless to wageless -- with profound implications for both the economy and financial markets.

In the 12 months ending February 2005, US businesses added nearly 2.2 million workers to private nonfarm payrolls -- an average of 181,000 per month. Such vigor on the hiring front was last seen in the year of the Great Bubble -- specifically, back in September 2000, when the 12-month gain in private nonfarm payrolls was running at a 2.3 million clip. While recent job gains have been impressive, they have not exactly been concentrated in the cream of the occupational hierarchy. Industries leading the pack on the hiring front over the past year include (in descending order): administrative (temp-dominated) and waste services (385,000), health care and social assistance (332,000), construction and real estate (321,000), and restaurants (257,000). Collectively, these four industry groupings, which employed 36% of all US workers on private nonfarm payrolls a year ago, accounted for fully 60% of the total growth in private hiring over the most recent 12-month period. Apart from the obvious impact of the housing bubble on relatively high-wage employment in real-estate-related activity, the industry mix of the hiring dynamic remains skewed toward the lower end of the US pay structure.

That takes us to the missing link in the long and arduous healing of the US labor market -- the lack of any meaningful growth in real wages. Despite all the fanfare over jobs, the February labor market survey underscored an extraordinary development on the real wage front -- average hourly earnings were unchanged in current dollars for the month and up a mere 2.5% over the past 12 months. The annual increase in nominal wages falls short of the rise in the headline CPI (3.0%) and only fractionally exceeds the core inflation rate (2.3%). On an inflation-adjusted basis, average hourly earnings are no higher today than levels prevailing at the trough of the last recession in November 2001.

FULL STORY

Greenspan has turned Fed job into a pulpit -Tom Abate, SFGate
Previous occupants of the office were less apt to comment
Tom Abate, Chronicle Staff Writer
Sunday, March 6, 2005

Only months before he retires after 18 years as the nation's economist-in-chief, Federal Reserve Chairman Alan Greenspan has increased the volume and frequency of his utterances, drawing cheers and jeers for offering views on topics far removed from his job.

Veteran Fed-watchers say Greenspan, who turns 79 today, has strayed beyond his normal turf -- interest rates, inflation and overall economic growth -- venturing so far afield as to touch on the health of the U.S. dollar, a subject traditionally left to the U.S. Treasury secretary.

While his recent pronouncements may be in part a last hurrah -- he will leave the Fed in January after being its chairman since 1987 -- most observers believe he has earned the right to hold forth.

"It's a bully pulpit, and people in those positions use it,'' said former Federal Reserve President Lee Hoskins.

In testimony before Congress on Wednesday, for instance, Greenspan reiterated his support for private Social Security accounts such as those proposed by President Bush. The next day, he told a presidential advisory panel on tax reform that it should consider supplementing the progressive income tax with some form of national tax on consumption and spending.

Those remarks caused Senate Minority Leader Harry Reid, D-Nev., to call Greenspan "one of the biggest political hacks we have here in Washington." But Greenspan's barbs cut both ways. After the Fed chief repeated dire warnings about curbing the federal budget deficit, the White House felt obliged to say last week "the president does have a substantial deficit-reduction package.''

Hoskins, now a senior fellow with the Pacific Research Institute in San Francisco, said that if Greenspan had aligned himself with one party or program, that would have overstepped the bounds. "But I do not think Greenspan has done so,'' he said.

Some would disagree. Southern Methodist University economist Ravi Batra, author of the forthcoming book "Greenspan's Fraud,'' argues that throughout his tenure, the Fed chief has consistently sided with capital over labor and rich over poor. "He is not a friend of working families,'' Batra said.

But even liberal economists, though often at odds with Greenspan, ruefully admire his stature. "He's come to be revered, and I'm not sure quite why,'' said Dean Baker, co-director of the Center for Economic and Policy Research, which opposes private accounts for Social Security.

"He has almost rock-star status,'' Economy.com chief economist Mark Zandi told the Associated Press. "He has everything but the groupies.''

http://www.sfgate.com

The Financial Vortex -Paul Mladjenovic, Author
Growing & Protecting your Wealth During the Coming Unavoidable Financial Storms
March 7, 2005

Your money, career & retirement goals are at great risk! What will you do when economic & financial storms swirl around and hurl devastation at you and your family? It is now becoming clear (even to Washington) that massive problems are facing our economy and that millions could be blind-sided by multiple gathering storms that are at this point unstoppable! Just think about what is facing you and I and so many of our loved ones in the coming months and years…

• Historic, massive debt problems threaten to derail and destroy our fragile economy. Just think about it… The US Gross Domestic Product (GDP) is currently at about $11 Trillion. Yet, We as a society have $37 Trillion in debt. Our collective debt - personal, mortgage, business & government-is 3 ½ times bigger than our national output. How can you grow an economy with that massive debt hanging over it?

• The US Government has $44 Trillion in unfunded liabilities. This mind-boggling sum stems from tremendously expensive and mismanaged programs such as Medicare, Social Security and other huge obligations. Add that $44 Trillion to the above $37 Trillion in debt and you have $81 Trillion squeezing and slowly crushing our national prosperity. What happens as these humongous liabilities become more and more uncontrollable? How will this affect you?

• The Federal government deficit will exceed $500 billion during fiscal 2005. This is the biggest deficit ever! This pushes The US government national debt past $8 Trillion which is also a record. How will this affect your taxes and your financial strategies?

• The US Dollar is headed for oblivion! Because of the gross mismanagement of Federal debt and the money supply during the past 10 years, the US Dollar is in a slow motion crash that is historic and will send shockwaves through the US economy. How will its plunge affect consumer prices, the stock market and your wealth-building pursuits?

• Corporate and government pensions are woefully underfunded and will probably cause millions of pensions to suffer shortfalls. How will you and millions of future and current retirees avoid what looks to be a major financial catastrophe?

Just think about the challenges that await us in the coming months and years…

• US personal debt is huge.
• US trade and budget deficits are horrendous.
• Corporate Pension funds are under-funded.
• Municipal pensions are under-funded.
• Social Security Fiasco.
• The mortgage/ real estate bubble
• The demise of the US dollar and the coming super inflation
• The hazard with $100+ Trillion of Derivatives
• Yes… and much more. The list is not complete!

Look. Millions of people will be at risk. You shouldn't be among them! With the right strategies, you can easily protect your hard-earned money and achieve financial security. In fact, the right strategies can make you rich. History tells us that some of the greatest fortunes that were ever made were created in times of financial turmoil. Imagine turning a few thousand dollars into $50,000, $100,000 or much more!

Amidst the financial carnage that is now clearly coming, there will be some that will become rich because they became aware, gained knowledge and put into action financial strategies that offered breath-taking potential to amass a fortune. That's why I recommend that you attend the most important financial event that I have ever done, Financial Vortex. You won't see and hear a bunch of tired talking heads from those misguided financial talk shows. Remember that in 2000, as the bear market arrived, those shows told you every day to "invest in stocks" and "build wealth with tech stocks" and "buy internet stocks". What happened? Over $7 trillion in hard-earned wealth was erased in the great Bear Market of 2000-2002!

Many lost 50%, 75% and even 100% as the bullish financial gurus talked about "staying in stocks for the long haul". Ugh! Millions saw their nest eggs needlessly (and avoidably) shrivel away. Well, guess what? The problems and challenges facing investors today are more worrisome than in 1999-2000. Stocks were generally an unsafe investment back then and they are still very risky today. The next few years will be a bad time for those that are blindly bullish on stocks, bonds and real estate. Don't be fooled! Learn from people that have a track record and offer you information and guidance that is proven, tested and logical. The best financial guidance in the country will be at the Financial Vortex Conference!

* [Ed. Note: If you live anywhere in the Metro NYC area, call 201-585-0239 to speak directly with Paul about his upcoming "Financial Vortex" Event on Saturday, March 19, 2005, 10:00 am - 4:00 pm . Mention Swiss America and receive a very special discount off the $195 registration price. Email Paul at paul@mladjenovic.com... Read Paul's latest Feature Article: "7 financial & economic predictions for 2004-2006"

"What's Your Worldview?" CD Released -IFP
By David Bradshaw, Idea Factory Press
March 9, 2005

"Liberalism is dying!" says New Republic magazine. If so, what is replacing it?

Everyday the world seems a little smaller, but the importance of godly wisdom grows a lot larger. For a growing number of the faithful, that means enlarging our worldview.

"History is moving toward a count-in to redemption, rather than a countdown to destruction," according to Dr. Jack Hayford. If that is true, then we all must face an altered perspective about our role in society in the days ahead.

Scientists tell us that every cell in our body carries in it two DNA codes; one code to bring the cell to maturity and reproduction, and another code to bring the cell into harmony and integration with the entire organism. It's part of God, our Creator's design to place within every person an individual destiny of maturity and reproduction -- and a corporate destiny to integrate with the whole body. For many this requires a fresh worldview!

The purpose of this newly released audio CD, "What's Your Worldview?" is to help the listener explore their own worldview and see how compares with a historical, biblical worldview. The goal is to help listeners understand their unique purpose on earth by challenging their present worldview based on Scripture.

During the first hour of the new "What's Your Worldview?" CD you'll discover...

* Whether your worldview is based on human principles, or divine principles?
* Your worldview is defined as the way that you interpret yourself and the world around you.
* Your worldview includes your beliefs about God, yourself, family, neighbors, civil government, science, art, music, history, education, economics and all other areas of life.
* Each of us has a set of presuppositions, things that we believe before hand, which underlie all of our thoughts, words and deeds.
* Your worldview my be conscious or unconscious, but it will determine your destiny and the destiny of the society you live in.
* You're either going to develop your own worldview... or swallow someone else's!

"Human history is rapidly approaching a point of convergence," according to featured strategist Dennis Peacocke. This convergence is magnetic in nature - polarizing the "faithful" and the "faithless." In other words, the comfortable road may be much less traveled in the days ahead.

This CD is just the beginning. The Internet now allows millions of truth seekers to help discover their worldview, thanks in part to Swiss America's sponsorship. (see True-Wealth.com)

So clear your mind and spirit of worldly confusion and join me in resonating with 'the sound' of The Big Picture. Listen to the first 2:30 NOW.

Request a Free copy of "What's Your Worldview?" CD -HERE- ... OR, listen/download it -HERE-. Please send your review of CD and we will post it on our sister site true-weatlh.com.

Welcome to the 21st century paradigm shift
-- from a "stock-driven era" to a new "commodity-driven era."
In "Economic Solutions for the 21st Century" you'll discover ...
* SOCIAL SECURITY REFORM ... A plan to unify America
* WHY YOU MUST OWN assets that offset a DECLINING DOLLAR
* WSJ SAYS: "You don't have to be rich to invest in COINS."
* WHY SILVER could rise to $50, $75 or even $100 per ounce.
* "ATOMIC IRAN" spells the beginning of a new U.S. "Dirty War"