Poor Man
Survival
Self Reliance
tools for independent minded people…
ISSN
2161-5543
A Digest of Urban Survival Resources
>>Voltair
Quiet Wealth Strategies if the Dollar Crashes
Most Americans are too frightened to consider what
would happen if the economy crumbled, or if the government resorted to drastic
measures to make up for its hideous errors.
One
of the ingenuous avenues for accumulating quiet wealth — assets that are easily
overlooked and transported — is through stamps, rare coins and other
collectibles. Not only is this a largely ignored asset class, but it is outside
the regular market turmoil. As a result, the values of stamps, rare coins and
collectibles aren’t influenced by market crashes because the prices aren’t
driven by investors. They are driven by collectors.
When
I attended ASU there a lot of wealthy Arab students who all seemed to own
expensive vehicles and tons of gold jewelry…something most brought into the
country without declaration to customs and easily converted to cash if they
needed.
Since its peak
in 2011, the price of the precious metal has fallen 56% to about $19.50 today.
In comparison, gold has fallen just about 30%. Part of this is due to the fact
that silver has supply-and-demand factors in multiple industries that influence
price, while gold demand is pretty much limited to those who want to store it
safely in a vault.
Often,
silver falls in the shadow of its favored cousin, gold. However, the precious metal grabbed headlines
last week when a 117-year-old tradition came to an end.
Until
last week, the price of silver had been decided, or “fixed,” each day at noon
in London by representatives from three different banks. The process was
conducted in private and it was all very secretive.
Now,
regulators have finally dragged the silver “fix” into the 21st century in an
effort to improve transparency and reduce the risk of price manipulation. The
new system, called the London Silver Price, is run by CME Group and Thomson
Reuters. It uses trading on the over-the-counter market and determines the
price through an algorithm
Silver could
see an additional pop in demand as investors hedge against the fiscal disorder
our country is in. Like gold, silver is a valuable precious metal that will
gain in value as fiat currencies crumble and fall. Your smartest move is to get
in while the price of the metal is low.
The United
States is slipping deeper into a crisis that it can’t escape without resorting
to a massive wealth confiscation..our government is preparing for civil chaos in just such an event. Are you?
There
are options, ranging from offshore asset protection, second passports, real estate, rare
metals, collectibles, art, hard goods such as weapons and ammunition and other
items historically used to preserve and hide wealth, goods which can be
bartered and so on.
Have you begun looking into quiet wealth with
collectibles?
Or real estate? Have you started making your list of places you’d consider for
a second residence? Many of my ancestors
got out of Germany just in time during the start of WWII, often concealing
assets by sewing diamonds, gold and other jewelry into the hems of clothing.
Ironically, just as Hitler levied an exit tax on citizens who
wished to leave Germany, the United States now does the same! One of the
most successful con jobs in the history of the world has been the concept of
unbacked paper currency… or fiat money.
Here’s a
special free report for our readers:
$What to do if the Dollar Collapses$
http://1drv.ms/1pb0sp9
Data is being gathered
everyday on all of us -- where we shop, what we buy, what Internet sites we
visit, where we use our cellphone, etc. And once that data is gathered,
companies sell it to marketers. Here are six ways to try to limit how much data
is on file about you.
|
New Fed Report: The Rich Are Thriving, and Everyone Else Has Fallen
Behind…It is what the Poor Man has been reporting
since 2009!
|
|
|
|
- A
new comprehensive report by the Federal Reserve finds that most Americans'
incomes have fallen since 2010, and the recovery hasn't brought them back.
|
|
|
The mobile phones most vulnerable to
hackers: with nearly 2 billion smartphones in
use today, malicious software is rapidly becoming an easy way to make money for
cyber thieves. Phones using Google’s
Android are by far the worst hit with 98% of malware targeting the operating
system [New Scientist-July 201]’ Another
reason I don’t use so-called smart phones!
Resources to help you live better…
The best RAIN BARREL for less than $15, and where to find a barrel
Cut your water
bill in half…
I have
researched many rain barrel plans out there and I believe that mine is one of
the most adaptable, effective, simple to make, and cheapest out there. After
you have found a barrel, the rest of the parts and tools can be found at most
hardware stores. Let me know if you have any ideas for improvement.
I made this barrel for about $15, but using bulk discounts I was making them on average for about $12-$13.
I made this barrel for about $15, but using bulk discounts I was making them on average for about $12-$13.
Diapers Help Your Plants Grow
More Free Ebooks from the Poor Man Survival Crew:
>A Guide to Homemade Cleaners
>Emergency Food Buyers Guide
>Secret Sources of Finding Healing Foods
Got a site you’d like to share? Use the email posted at the bottom and don’t
forget to share our resources with your family and friends!
Help
Keep the Poor Man Free
You can support our efforts by
making a purchase at:
Bruce ‘the Poor Man’
Send it to: PoorManSurvivor@Gmail.com
A Shallow Planet Production
No comments:
Post a Comment