The Gantt Report
Happy New Year to all the readers of The Gantt Report. It’s 2010, a new year and time for new attitudes and realizations!
If you didn’t know it last year, you should know it now. The dollar is on life support if it is not dead already.
America’s and the world’s economies are in dire straits. As the Last Poets said years ago, paper money is like a bee without honey with no stinger to back it up.
What the people in the United States have been told is a trillion dollar deficit, in reality is at least a ten trillion dollar deficit!
The assets you have, like your home value, is not nearly worth what it was a few years ago.
Personal debt like credit cards is increasing automatically even if you pay on time and never use your card, because banks and other card companies are being allowed to raise interest rates and fees at will.
Unemployment rolls are sky rocketing and benefits for the jobless are drying up like waterless deserts.
I added a commodity aspect to my business, All World Consultants, because I’m smart enough to know that multinational and industrial conglomerates that deal in commodities are companies that continue to generate revenue despite the failing world economy.
No matter what people still need gas and other petroleum products, people need cement and steel to construct houses, roads and almost anything durable and the people of the world need to be fed rice, corn, sugar, soy and other food stuffs. Hedge funds and other individuals and groups with money are hoarding commodities, pumping the prices up and still making billions of dollars per day selling necessities.
Of course I don’t make that kind of money right now because I don’t have any aviation fuel, Portland Cement or Icumsa 45 sugar or the money to buy those commodities but I do have contacts all over the world and hope to swing me a retirement deal one day for millions of dollars in commodity trade commissions.
African Americans must get out of the devils box and seek to make money on the worldwide stage if we are to survive in these hard economic times.
Commodity trading has always been a white man’s world but if Barack Obama hasn’t done everything, he has done one thing and that is to show the world that Black Americans are capable of holding their own and doing politics and business on the international level.
If you have some commodities to sell, or buy, holler at a brother. Holler at me!
