Not since 1933 will housing prices nationally fall as sharply as in 2008. Consumers will have to depend on income, not borrowing against assets. And this happens in year one of the Great Boomer Retirement Adventure.

Will consumers in developing countries pick up the slack? Americans spend five times more than all of India and China combined, so I wouldn't count on it.

Who's to blame? The central bankers created a steroid-driven market with its derivative creations, and the Federal Reserve signed off on the lethal cocktail.

How do we profit? High-dividend stocks, companies with significant non-U.S. exposure, hard assets and natural resources and, for those equipped with oven mitts, some smoldering briquettes you can pick out of the rubble for pennies on the dollar.

But before I get to that, my first question to you is this: How will you prepare for what every financial conservative believes is a nightmare?

The biggest mistake you can make now is: wait. Wait for the market to come back, for the credit crisis to resolve. Worst of all: wait for the election.

You don't have time. And what you must do is best done today. (Continue reading to find out how to play this volatile market. And also be sure to check out: "You Can Make Money on the Failing Financials" and "Balancing Risks & Rewards.")

Prosperity will continue to elude more and more Americans after this election. Barely one taxpayer in 200 will experience real income growth in 2009, according to Young Research.

I want you to be one of those who are bold enough to reach out for prosperity.

Do it now. Here's how to get started:

Unlock America's Great Treasure Chest of Energy

In North Dakota today, there is a newly-minted millionaire, dusting off his mesh cap. One new millionaire is being made every day by these high oil prices.

If you'd like to become one yourself, focus on domestic exploration, domestic drilling and domestic processing, refining and pipeline initiatives.

This is not the ordinary, 10% here, 20% there variety of wealth. This is wealth of the Jed Clampett sort.

The Great American Oil Boom is happening right now and my question is…