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.
how do you park money in Canada?....just go and plank some down?
It’s in one of the Canadian bank bokerages. There are some US reporting requirements, so you have to fill out paperwork etc. Better to start now before they close the borders. I have a name if you want, but it has to be for investment quantities, not a few grand.
I take it for grated because I live in The Rainest City In The US.
There are creeks, ponds, streams and lakes everywhere. I was putting up a fence once and 'hit' water digging a post hole.
bokerages = brokerages, sticky keyboard
sounds like an old refrigerator would be great for potatoes....laying them out on the shelves individually...
Gold tastes great, and its more fillings.
Scouts Out! Cavalry Ho!
Huh? And on what did he base his assertion that they would be unconfiscatable? His deep understanding of government thugs?
how could one look themselves in the mirror knowing they themselves were safe yet their beloved ones faced untold hardships....well, I couldn't and wouldn't....
its not even realistic to think milllions and millions could "escape".....escape to where?....
[Star Trek: Deep Space Nine: The Siege of AR-558 (#7.8) (1998)
Quark: Let me tell you something about Hew-mons, Nephew. Theyre a wonderful, friendly people, as long as their bellies are full and their holosuites are working. But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty Klingon. You dont believe me? Look at those faces. Look in their eyes. ]
I love DS9 and I am prepped
When the SHTF you are not going to be able to access any of that crapola. Buy some fractional gold, junk silver, a lot of freeze dried food, weapons and as much ammo as you can get your hands on. Get out of the city if you can.
The author suggest opening a bank account in Hong Kong. A very good idea.
Let me take it a step further. Hold your nose and open it with one of the large, state-run Chinese Banks Hong Kong Branches - Bank of China, ICBC, etc...
The advantages are: HK is separate legal entity, so they can do things in the free market of HK that they can not do in China. They are also backed by the Chinese Gov’t and their hoards of money. Finally - if the US Treasury or IRS comes calling, the Chinese Banks will tell Big Brother to go stuff themselves.
My questions were pertaining to the actual related article of the thread...where do you go, how do you get there or get your assets from there, if global SHTF? With a click of the mouse, your diversified, overseas "flags" (assets/options) could disappear.
You can get anything you need
Put an apple in with potatoes anytime you store them long-term.
The apple gives off ethylene gas which prevents the taters from sprouting. They will stay good much longer.
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