Nursery rhymes and children’s stories educate and entertain through the use of colorful illustrations, engaging metaphors and life lessons. In the story of Rumpelstiltskin we meet some interesting characters and find ourselves drawn in to a compelling and fanciful tale.
The title character is a brutish, cunning little man who has the ability to spin straw into gold. A classic tale, the story centers around a poor miller, his beautiful daughter, a greedy King and the clever Rumpelstiltskin. It is a brief tale filled with deception, avarice, and promises made which, from the outset, are not intended to be honored. I find the dishonesty and deceit especially troubling and was always uncomfortable with that element of the story, even as I was intrigued.
Today this beloved children’s story seems oddly relevant and offers some interesting counsel for us. It has become more and more apparent that all the paper currencies of the world are now fiat currency. This sadly includes the U.S. dollar, which President Nixon took off the gold standard in 1971. Meaning from that time forward, it is backed only by the “full faith and credit” of our government. The problem with this is that the United States Government is perilously in debt, and continues to print currency with nothing else behind it. It is essentially Monopoly money, and this means it is only a matter of time before inflation will further erode its value. Our currency is becoming little more than straw. The devaluation of the dollar, through the fiscal policies of the Fed, is causing our currency to be reduced to 21st-Century straw.
One of the best ways to position ourselves against the dollar’s ever decreasing value is to spin this straw into gold while we still can. The purchase of precious metals, especially silver and gold, is being recommended by many top-tier financial experts who are reading the signs and seeing the dire consequences – in light of history, precedent, and that which is all too predictable.
It is easy to feel confused and overwhelmed by all of the cacophonous proclamations of the so-called pundits; the dizzying posturing of those steeped in conflicts of interest; and the grand pirouettes of political spin. It is sometimes difficult to know whom to trust, how to proceed, what to actually do. For these reasons it is even more important to educate ourselves. I have found the writings of Robert Kiyosaki, Donald Trump and Michael Maloney especially helpful. And now, on a professional and first-person basis, the counsel and writings of Kip Herriage of Wealth Masters International, G. Edward Griffin, and Peter Schiff are absolutely invaluable to me. The writings of Martin Weiss, Larry Edelson, Tony Sagami and Sean Brodrick of Uncommon Wisdom (published by Weiss Research) offer excellent insights about the U.S. and international economic scene. Including interpretive commentary on what is happening particularly in the Asian and European markets.
Neither the U.S. economy in particular nor the global economy in general, held much interest for me. It’s curious and quite remarkable that I could be so casual about something so fundamental. But to be honest, until I hit 50-something and saw my retirement portfolio all but disappear, I just didn’t pay much attention. I had always made a good living, and I guess in retrospect I just figured that would be enough. Well, clearly those assumptions were based on a different time and another world. My learning is now turbo-charged, I assure you.
In my lifetime we put a man on the moon. But we also went from the Industrial Age to the Information Age. And very many of us who placed ourselves in a wage system rather than in a profit system, have been caught up short. Of course, it is much easier to see and understand this now that I have made the transition from employee to entrepreneur; and have an up close and personal understanding of the implications of these very potent distinctions. 20/20 hindsight enables us to glean meaning through reflection; but the value comes in learning from the past and applying it to the future.
Today, the lesson for me from the story of Rumpelstiltskin is to see our currency as 21st-Century straw, and to spin much of it into gold and silver while we can. It is important to understand that our world has changed, the rules by which we were taught to play are not respected by many; and in the face of deception, avarice and false promises that will not be honored, it is even more imperative that we strive to live within our integrity and be thoughtful, informed and intentional about preparing for what looms ahead.
There are resources available; professionals with integrity, who are called and committed to educating and empowering us; sound investments to be made; profit system based opportunities from which to choose; and various other options one can explore and embrace. The crucial thing is to assess where you are, and then determine what you need to do to securely position yourself: then take decisive action and do just that.
Source by Linda Compton
Turning 21st-Century Straw Into Gold - A Lesson From Rumpelstiltskin
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