Poor Man Survival
Self Reliance tools for
independent minded people…
ISSN
2161-5543
A Digest of Urban
Survival Resources
Surviving
Financial Disaster
“It’s
amazing how your mind cuts to the bare essentials when you have limited time
and the element of survival is thrown into the equation,” says
Nomi Prins.
As of late this morning, Hurricane Dorian has finally gotten off
the dime and is tracking slowly northwest. And it’s growing in size. Hurricane
warnings already in effect for much of Florida’s Atlantic coast now cover much
of South Carolina’s coast as well; tropical storm warnings cover Georgia and
North Carolina.
Wherever you are today, we hope it’s not in harm’s way. And
today’s as good a time as any to think about what Nomi calls “the four life and
wealth essentials.”
During a talk this summer at the Sprott Natural Resource
Symposium in Vancouver, Nomi described her own brush with disaster.
“I had to quickly evacuate my home during California’s Thomas
Fire of December 2017,” she recalls — an event that scorched more than 281,000 acres.
First miscalculation: “I barely had any gas in my car.”
Yes, she knows well the advice about never letting the tank go
below half-full. But how many of us follow it with 100% consistency? “On the
Monday night the fire started,” she confesses, “I had put off filling my tank
during the weekend.
“So there I was, having dinner in the lower part of a small town
about 75 miles northeast of Los Angeles. Our home is on a steep hill and the
road leading to it was increasingly being consumed by hungry flames. I had just
enough gas to drive back up the hill, bundle our dogs in the car along with
whatever else I had time to take and leave for the safety of our friend’s home.
“After a harrowing night deciding whether to escape our town the
next day or stick it out, I realized that gas was going to be a real problem.
All stations were closed but one, and the line for that was immense. But it was
a line I had to join. After tanking up, we drove to Los Angeles for the
duration of the fire.”
In the end, her home survived. But the residue of the smoke was
so intense she opted to move to lower ground.
“This experience reminded me of the essentials needed for life
and wealth,” Nomi goes on.
The first is energy. “You won’t get very far
without gas. Without electricity or flashlights, you won’t see very well at
night. And you certainly won’t be able to access the internet or get cash out
of an ATM if the power lines are down.”
Next is liquidity. With power out by the first
night, Nomi says ATMs were useless. “Luckily, because I simply don't trust that
banks will allow withdrawals if they are faced with another major crisis, I
always keep some cash with me in case of emergencies. Having cash means you can
buy the bare necessities like gas, water or food (credit cards won’t work when
there’s no power since the machines to process them are down).”
Don’t forget about hard assets. “I took hard
assets like my gold and silver coins along with my jewelry that could easily be
transported in the back of the car – in case the house burned down.” And in the
bigger scheme of things, “having precious metals like gold and silver as part
of your portfolio is important for your diversification.”
Finally, you have to have a plan. “Whether in
life or for your personal wealth and family’s well-being, planning is critical.
That goes for next week or next year and beyond. Be aware that a crisis can
occur at any time, so be as prepared as possible.
“When you are in a physical emergency situation, those
essentials are just that,” Nomi concludes. “It is necessary to have a source of
power, liquidity, tangible or hard assets to sell in exchange for liquidity and
a plan for tomorrow and beyond.
“Regarding your wealth, it’s the same thing. That’s why it’s
always a good idea to invest in some form of power (because people will always
need it), have liquidity (cash) and own something that you can use or retain as
it grows in value. Finally, have a plan – regardless if the markets or economy
is rocky or enjoying a stable period.”
To help build wealth for future emergencies, you’ll want to look
into the strategy Nomi rolled out this summer. Since launch in mid-July,
there’ve been only four trades — but oh, what trades they were.
The smallest gain is 43%. The biggest is 214%. The average is
108%. And every one of those trades played out in a single day.
Curious? Figured as much. If you haven’t explored this strategy
yet, Nomi walks you
through it in detail at this link.
Meanwhile, hot money is flooding into gold, the bid at $1,546 as
we write — testing levels last seen in early 2013.
Traders are also scooping up Treasuries, pushing yields down.
The 10-year note just cracked below 1.44%. That’s not too far off the all-time
record of 1.38%.
“Imagine
an organization that can grow an economy as fast it can
destroy it,” says Andrew Moran in Liberty Nation.
“This institution can make presidents kings and then transform
them into court jesters. The smartest men in a room situated on 2051
Constitution Ave can choose to increase the value of money in your wallet or
make it worth less than single-ply generic brand toilet paper.”
As you well know, this is not a fictitious institution in some dystopian Hunger Games-esque horror flick.
As you well know, this is not a fictitious institution in some dystopian Hunger Games-esque horror flick.
“The Federal Reserve
System.”
Buy Gold or Silver By the Bucketful
For weeks, our in-house macro maven Graham Summers has been shouting from the rooftops of our Baltimore HQ…
The Fed is gearing up to make big moves.
Our monetary wizards will likely sacrifice the stock market to save the bond market…
And it could be an absolute bloodbath.
“To central banks,” says Graham, “the single most important asset class in the world is bonds, NOT stocks.
“Stocks get a lot of
attention from the financial media because they are more volatile and therefore
offer the opportunity for faster gains. However, as far as central banks are
concerned, stocks are relatively unimportant.”
While stocks give
investors a means of getting rich… bonds give countries a means of staying
solvent.
Only one of these
things is a systemic issue.
Central banks concern themselves with systemic issues… the “Average Joe” is merely a Martini-glossed afterthought.
Central banks concern themselves with systemic issues… the “Average Joe” is merely a Martini-glossed afterthought.
“Now,” Graham told us,
“I’m not saying this will happen in the next 24 hours. But I am telling you
that this will be a MAJOR issue later this fall.”
What to Do Before Fall
Today, we’ve called on Graham Summers to give us the skinny on the potential for “helicopter money”...
What this means for the future of your portfolio…
Why you should stock up on gold now…
And what else you can do to position yourself to be on the right side of the bloodbath.
What to Do Before Fall
Today, we’ve called on Graham Summers to give us the skinny on the potential for “helicopter money”...
What this means for the future of your portfolio…
Why you should stock up on gold now…
And what else you can do to position yourself to be on the right side of the bloodbath.
SIDENOTE: August saw Trump rather
than reducing trade war tensions as expected by the mainstream press who are
still largely ignorant of the fact that the US is trending towards a full
spectrum WAR with China, a mega-trend that has been in place since BEFORE Trump
took office and will remain in force for decades after Trump has left the
scene. Where all Trump has done is to act as an accelerant to this mega-trend
as I iterated in my recent analysis on the subject (China SSEC Stock Market
Fundamentals and Trend Analysis Forecast).
|
Central Bankers Are Revving Up the Helicopters
By Graham Summers
Three former central
bankers are openly advocating for central banks to implement “helicopter money”
during the next economic downturn.
Helicopter money
consists of the Fed printing money and funneling it directly into the economy
by either:
- Directly financing government
budgets.
- Paying money directly to
citizens.
The idea of helicopter
money has been floating around economic circles for years, but to my knowledge
this is the first time we’ve seen three former central bankers openly calling
for it.
These central bankers
are:
- Philipp Hildebrand: Former head
of Switzerland’s central bank
- Stanley Fischer: Former
vice-chair of the Federal Reserve
- Jean Boivin: Former Deputy
Governor of Canada’s central bank
Put simply, these are
three HIGHLY connected and influential former central bankers. In this regard,
their article can be considered a blueprint for what’s to come as far as
central bank policy during the next economic downturn.
Now, the big question
is, “how do you profit from this?”
One simple answer for
“buy and hold” investors is: buy gold.
Put simply, gold is a great way to profit from what’s coming in
the long term.
But what about in the near term?
The Currency Markets: A Great Near-Term Play
In the near term, central bank interventions are going to lead
to incredible currency volatility.
The last time central banks were aggressively intervening in the
currency markets regularly was from 2008-2010.
The younger generations of investors have been living in a
delusional dream world where financial reality has been suspended, replaced by
"virtue signaling" corporations that burn through other people's
money.
One day soon when facts matter again, that delusion will implode
and be replaced by reality.
And when you're a world that's running on debt, reality sucks.
The shock to the psyche of the world's millennials will truly be epic.
California raised
its gasoline tax on July 1, bringing total state taxes and fees on gas to 61.2 cents a
gallon. That knocks Pennsylvania off its pedestal for having the highest gas
taxes in the country.
Illinois, meanwhile, has vaulted into third place with an
increase that also took effect in July.
In your editor’s home base of Michigan, Gov. [Wretched] Gretchen
Whitmer’s proposal to jack up the gasoline tax by 45 cents a gallon appears to
be dead. (That would have raised total state taxes and fees to 86.13 cents
a gallon.) But given that she won election last year on a platform to “fix the
damn roads,” Michigan is still likely to climb up the list…she’s ignored my
letters which suggest plenty of alternatives to her ‘stick the retired and poor
people’ gas tax plan…typical!
What are the
characteristics of TRUE PATRIOT?
A true patriot:
·
Is proud to be a Citizen of this country.
·
Is not afraid to show his love for his country by proudly
displaying the flag, wearing the shirts and driving around with patriotic
stickers;
·
Attends events that support the spirit of patriotism.
·
Honors servicemen and women and veterans.
·
Participates in elections. A true patriot does rigorous
research, selects the candidates that best support our democracy and uphold our
foundational values, talks to others about the best candidates and about voting
in general.
·
Stays abreast of local, national and global news and issues. A
true patriot wants to know what is going on around the country and in the
world and how it may affect our country, its citizens and its future.
·
Wants to be involved in the government for the people and by the
people by making his voice heard, signing petitions, advancing issues and being
a citizen for the full extent possible. Aside from that, as someone who deeply
loves his country and wants to make it a better place, a true patriot urges
others to be involved, too.
·
Upholds the truths in our Constitution and Declaration of
Independence and stands up for those principles by calling out those who
attempt to violate them and by protecting their place and role in our
democracy.
·
Respects his fellow countrymen and does not discriminate against
people in any matters simply because they are different.
·
Keeps an eye out for those who attempt to take away the rights
that we as Americans have as they were designed by our Founding Fathers.
Why am I telling you this?
Because now is the time to remember our roots. Now is the time
to show our true patriotism and hold nothing back. Things are happening right
now that put our great country at risk, and the democracy as it was designed by
those who founded it is crumbling.
If we love this country, we have to be the people that not only
keep our eyes open for threats to our liberty, but also help open the eyes of
others, to direct our elected officials to do what they were elected to do, to
retain our democracy and our “Government by The People, For The People” as it
was intended.
Look at “Megacities: Urban Future,
the Emerging Complexity,” a Pentagon training video
created by the Army for U.S. Special Operations Command.
The training video is only five minutes long, but it says a lot about the government’s mindset, the way its views the citizenry, and the so-called “problems” that the government must be prepared to address in the near future through the use of martial law.
The training video is only five minutes long, but it says a lot about the government’s mindset, the way its views the citizenry, and the so-called “problems” that the government must be prepared to address in the near future through the use of martial law.
Have you ever poured out some milk or thrown away some canned
soup, not because it looked or smelled bad, but
because it was past the expiration date? Chances are, you threw away some
perfectly good food. Every year, consumers throw out over $200 billion worth of
food, oftentimes because of the expiration date.
And why are
they throwing out so much food? Because up to 90% of Americans are confused about
expiration dates. The fact is, most expiration dates are more like guidelines
than rules. Even the USDA says food is still safe to eat after the date has
passed as long as it's not showing any signs of spoilage.
Just imagine
how many hundreds of dollars you've wasted by throwing out edible food. It's
not your fault, though. The idea that food is no longer safe to eat after it
expires is just common sense, and I'm sure no one ever told you otherwise.
Until now...
Here are my ideas
for new bill [s] to improve government…
>Since term limits never
seems to gain any traction perhaps we should entertain the idea of zero pay for
elected officials after their third term in office…give them their office,
expenses, health insurance while in office and a living allowance only=much
like our Founding Fathers and see how many decide to remain in office.
>Perhaps
we need to resurrect a new version of ‘war’ bonds, perhaps calling them
“government bailout bonds” to help pay off our national debt and/or to help pay
for our massive deficits and proposed new spending projects since fewer foreign
nations are buying our debt!
>An idea I've suggested before: Eliminate ALL
city/state & Federal taxes on the 1st $25K of income for all people. 41% of
citizens pay no Federal tax, many city/state taxes are killers for many. Tax
laws that encourage more US manufacturing/jobs & elimination of red tape
would help too.
More
Updates:
Handwell [Backup] Well Pumps
We manufacture a series of easy-to-install "Narrow-Profile"
deep-well pumps, engineered to install in the well alongside your existing
electric water well pump system. All of our manual well water pumps can be
permanently installed for daily use, or stored and ready for loss of power
Manual
Hand Pump for Drinking Water Containers-Ideal for Preppers
How to
start a neighborhood barter club
People need to become more
self-reliant, not more dependent on government.
How to Survive the War on the Middle Class
Download at: https://1drv.ms/f/s!AgMpmQI6plfXh0T3zKGDM-c3PUnr or here:
http://1drv.ms/1d9kfiU
Rosefield is a classic traditional cabin, which can be built for less than $6,000. The cabin is open plan, which has the advantage of making it far easier, cheaper and quicker to build than more intricate cabins with separate rooms. This particular plan also includes a detailed cabin assembly diagram and step-by-step instructions which includes a foundation guide. [282sf’]
Free enterprise, limited
government, individual freedom!
Contributors and subscribers enable the Poor Man Survivor to post 150+ free essays annually. It is for this reason they are Heroes and Heroines of New Media. Without your financial support, the free content would disappear for the simple reason that I cannot keep body and soul together on my meager book sales & ecommerce alone.
You Can’t Buy Life Insurance After You’re Dead
Not Prepared?
That's Bad News...
Waterproof 600000mAh Dual USB Portable Solar
Charger Solar Power Bank For Phone --- Two left in stock!
Are you looking for a lightweight backup power source that's
tough enough for every day abuse and has enough storage to keep your
electronics powered up?
How about a portable power source that can be re-charged directly from the sun to ensure you’re never left stranded?
How about a portable power source that can be re-charged directly from the sun to ensure you’re never left stranded?
It's
lightweight and compact yet packs enough power to charge your phone from flat
multiple times.
It also has state of the art duel charging ports so you can power 2 items at the same time.
Phones, laptops, cameras, MP3 players, you name it, if it can be charged via standard USB or Mini USB then you can charge it…
It also has state of the art duel charging ports so you can power 2 items at the same time.
Phones, laptops, cameras, MP3 players, you name it, if it can be charged via standard USB or Mini USB then you can charge it…
Comes ready to go out of the box! We also include a charging
cable.
The slim design (Just 0.7in wide) means you can slip this power source into your pocket or backpack so you can have power while on the go!
The slim design (Just 0.7in wide) means you can slip this power source into your pocket or backpack so you can have power while on the go!
Back in stock!
A Smoking Frog Feature, Shallow Planet Production
2 comments:
Terrific amount of highly useful resources & thought provoking content!
Chock full of goodies-thanks!
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