Skip to comments.You’re Gonna Need MORE Than Gold…
Posted on 08/23/2011 7:38:13 PM PDT by blam
Youre Gonna Need MORE Than Gold
By Simon Black
08/22/11 Everyday more and more people are waking up to the idea that they MUST own gold if they want to protect their assets from an out of control government. Owning gold is a great first step, but as history tells us, responsible people can and should do more before its too late
History paints a bleak picture of the decline of Rome. Once warring consuls Antony, Lepidus, and Octavian were finished duking it out with each other in 31 BC, any semblance of the original Roman republic was gone forever.
Successive emperors of Rome included men like Tiberius, a paranoid deviant with a lust for executions. He spent the last decade of his reign completely detached from Rome, living in Capri.
Following Tiberius was Caligula, infamous for his moral depravity and insanity. According to Roman historians Suetonius and Cassius Dio, Tiberius would send his legions on pointless marches and turned his palace into a bordello of such repute that it inspired the 1979 porno film named for him.
Caligula was followed by Claudius, a stammering, slobbering, confused man as described by his contemporaries. Then there was Nero, who not only managed to burn down his city but was also the first emperor to debase the value of Romes currency.
You know the rest of the story Romans watched their leadership and country get worse and worse.
All along the way, there were two types of people: the first group were folks that figured, This has GOT to be the bottom, it can only get better from here. Their patriotism was rewarded with reduced civil liberties, higher taxes, insane despots, and a polluted currency.
The other group consisted of people who looked at the warning signs and thought, I have to get out of here. They followed their instincts and moved on to other places where they could build their lives, survive, and prosper.
Youre reading this because you probably fall into the latter category. Youre aware of the problems. You can feel your civil liberties and economic opportunities slowly slipping away, all while the crop of national leadership grows more depraved with every election cycle.
You want to do something about it. You want to take steps to protect yourself, your family, and your livelihood. Perhaps youve already started by investing in precious metals. Gold is a great hedge against inflation, political turmoil, and default things I call sovereign risk.
You see, some of the worlds largest governments are going broke, and these politicians will take any steps necessary in order to maintain the status quo: they will lie, they will steal, they will declare wars, they will bankrupt their people with hyperinflation whatever it takes.
This is the greatest risk we face today. Buying gold is a great start, but there is MUCH more that you can do.
Im an advocate of what I call planting multiple flags. At its core, planting multiple flags means that you are diversifying your sovereign risk around the globe so that no single government has total control over your livelihood. Let me explain.
Lets say you are from the US. If you live, work, bank, invest, register your business, own your property, store your gold, etc. within the US, and one little thing goes wrong, all of those assets and interests are at substantial risk. Any judge or bureaucrat could make them all disappear with a few mouse clicks.
It neednt even be anything big. Maybe some three-letter agency suspects you of wrongdoing. Maybe your neighbor wants to sue you. Maybe they outlaw gold ownership (again). There are infinite possibilities, and infinite risks.
When you plant multiple flags, you diversify those assets around the globe. Store your gold in Switzerland. Open a bank account in Hong Kong. Register your company in Singapore. Establish an emergency backup residency in Chile.
You can plant flags with just about any interest in your life where you go to get high quality, cost effective medical care, where you set up your web servers for an online business, where you establish an international brokerage account, etc.
This approach is NOT just for the super rich. In fact, Ive helped all kinds of people to plant their own flags, young and old, rich and poor.
Taking some simple steps to protect yourself will give you extraordinary peace of mind. Youll know that, without doubt, you have some savings socked away that NOBODY can touch. Youll know that you have a solid emergency backup plan. Youll know that everything youve worked for wont vanish in an instant.
What’s going to happen when the government sends in jackboot thugs to take the gold?
I expect war will be the answer. Middle east. Control of oil. The west will try to gain control of the oil supply in order to deal with China and emerging economies kicking our asses.
The third or fourth jackboot will take it.
“I expect war will be the answer. Middle east. Control of oil. The west will try to gain control of the oil supply in order to deal with China and emerging economies kicking our asses.”
Sounds like a recipe for the Armageddon of the Bible.
I invest in lead, brass, and carbon steel.
How would they know you have the gold if it is in jewelry and coins? If you buy from someone like Goldline is it reported to Obama?
“multiple flag” is the only way to go. I’ve parked money in Canada and Australia. Looking at Chile.
I guess they would know in the same way my computer flashes advertisements for whatever I’ve googled in the past.
Probably the only logical way to see it.
When the government thugs come to your door for guns, gold, or as is certainly possible, your food, capitulation will simply mean that you will die a hungry, poor slave at a later date.
During the depression the government considered people that wanted to keep their gold to be “hoarders”.
I don’t believe in “benevolent despotism” like the liberal sheep in this country do.
How bout Swiss Francs?..
Lets hope they planed ahead and ordered lots of body bags
I know a guy who paid his exit taxes and parked his money in several places. Now his “vacations” are a tax write off as he checks up on his investments.
Can’t eat gold. People have been known to eat lead, however.
Take me with you! I’ll carry your luggage...
Just kidding. I’m well prepped to weather this storm.
I say, BRING IT! The sooner we burn this Mother to the ground the sooner we can rebuild as our Founding Fathers envisioned. :)
Yeah, but instead it’s just going to be another in a long history of bloody messes.
Back when I was considering buying gold, the salesmen would always try to convince me to buy “unconfiscatable” collectable gold coins. My answer always was that I’m an old fart and they will not confiscate any gold I had in my lifetime ... nor that of the first one or two people that tried to do it.
A few weeks ago I posted an article that stated the four safest currencies were: (in no particular order)
I looked back at the article a couple days later and Norway had been changed to Chile.
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