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The First Will Be Last… Or at Least a Distant Second. Presented by: Eric J. Fry Editor of “The Rude Awakening” www.the-rude-awakening.com. A Pictorial History of American Economic Trends… Our Story Begins in 1959. 1959. 1959 – America is the Economic Envy of the World.
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The First Will Be Last… Or at Least a Distant Second Presented by: Eric J. Fry Editor of “The Rude Awakening” www.the-rude-awakening.com
A Pictorial History of American Economic Trends… Our Story Begins in 1959
1971 – Nixon Close the Gold Window and Inflation Accelerates
“I think we’re closer to the end of the [credit crisis] than we are to the beginning,” Treasury Secretary Paulson April 30, 2008
“Formula for success: - J. Paul Getty
“Formula for success: Rise early, - J. Paul Getty
“Formula for success: Rise early, work hard, - J. Paul Getty
“Formula for success: Rise early, work hard, strike oil.” - J. Paul Getty
The New “Permanent Portfolio” 1) Commodities (Including Gold) 2) Emerging Market Stocks (BIC) 3) Value Stocks Worldwide * IVA International * FPA First Pacific Fund (FPACX) 4) Liquidity – Volatility Dampeners
“Risk comes from not knowing what you’re doing” - Warren Buffett