Now is Precisely the Time to Be Alarmed

Poor Man Survival

Self Reliance tools for independent minded people…

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ISSN 2161-5543

A Digest of Urban Survival Resources

 

Now is Precisely the Time to Be Alarmed...

 I hung this up this morning:

It’s a portable solar charger.

I bought it back in the beginning of March… but today is the first day I’ve actually used it.

I’ve got it plugged into my iPhone.

Want to know how well it works?

I can tell you as I just ran a little test.

My phone battery was at 59% when I attached it and hung it up and set a timer.

30 minutes later, it said it was at 80%.

Not bad at all.

I don’t think this level of efficiency is all too different, really, from when I recharge my phone when it’s attached to the wall.

This is just one of the things I’ve bought or done this year to try to make myself a little more resilient, a little more self-reliant.

I know, I know, owning something like this is beginner-level stuff.

But my excuse is, hey, until the coronavirus struck and I (temporarily?) moved to rural Ohio, I was living in New York City for almost ten years.

Why accumulate gadgets like this when you live there?

If you want to be self-reliant and not depend on others… obviously, you do not choose to live in New York! [Find a link near the bottom to order your own charger].

Now, however, living in NYC — or really any big American city — seems a little more, I don’t know, precarious?

I guess this is what it feels like to live during a time of civilizational decline…

What should you do about this?

In today’s email update, Dan Denning has one clear bit of advice for you.

But don’t dawdle.

As Dan writes, “you may have less time to prepare than you think.”

How You Can Prepare for America’s Decline

by Dan Denning

We celebrated the 244th anniversary of the birth of the United States of America as an independent nation earlier this month. At this point, you have to wonder if America’s 244th birthday might be its last.

In his Diary, Bill Bonner pointed out that the good times in America probably peaked in the middle of the 20th century. How fast will the decline be? (More on how to prepare for that shortly.)

News came out from the Labor Department that 4.8 million Americans found work in June. That brought the official unemployment rate down to 11.1% from 13.3%. With parts of the American economy reopening, some people are getting back to work.

But for how long? A spike in C-virus cases in California, Florida, and Texas is prompting fears of a “second wave” and a second “lockdown.” And when you dig into the figures, you find that, in the last 17 weeks, 50 million Americans have filed a first-time unemployment claim.

If state and local governments try to shut things down again, the real second wave could put another 10 to 20 million Americans out of work. This would prompt yet another “stimulus” payment from the feds. That means they’d pay tens of millions of people a couple hundred dollars again to stay at home until a mythical vaccine appears and the world is safe again.

But I won’t get into the politics of a pandemic in this update. The focus of Bill Bonner and myself is money — how to grow it and preserve it.

And from a stock market point of view, it’s the liquidity that matters. As long as it flows, the market floats.

Right now, the Federal Reserve’s intervention in the corporate and government bond markets is suppressing yields. In the chart below, you can see that the yield on the 10-year Treasury Note isn’t far above the March lows. In real terms — adjusted for inflation — it’s negative.

With bond yields low, it’s no wonder we’re seeing increased appetite for “risk assets” like tech stocks. The Nasdaq — a benchmark for the U.S. tech stock sector — hit a new all-time high on Monday.

Another indirect consequence of low government-bond yields is that it makes gold even more attractive. Gold doesn’t have a yield either. And it often has a storage cost. But if government bond yields are negative in real terms, then gold, which has no counterparty risk, quickly becomes the most risk-free asset you can own.

And that brings us to how to prepare for the decline we see coming…

Get Your Gold Before the Reset

Our best advice is to sit out the fireworks in financial markets and wait in gold (and physical silver). The Dow-to-Gold ratio is at 14 (Dow 25,935 and gold at $1,798 per ounce, at writing). If you’re not familiar with the Dow-to-Gold argument from Bill and our colleague Tom Dyson, it’s that financial assets will fall and gold will rise. The Dow-to-Gold ratio will go down below five. At that point, it will be time to sell gold and buy stocks.

Also, a quick reminder that unless you have it in your possession, your gold isn’t really yours. As an extreme example, Venezuela’s government recently attempted to reclaim $1 billion worth of gold stored at the Bank of England on Threadneedle Street in London. The UK’s High Court ruled against Venezuela.

Of course, there are reputable and trustworthy bullion banks that will store your gold in allocated accounts. [Editor’s note: One we like is Hard Assets Alliance. Their platform is easy to use and they have some of the lowest fees in the market. Find out more here.]

But the whole point of having what I’ve described as “functional wealth” is that it’s there when you need it. Cash, gold, booze, cigarettes… a generator, a chest freezer, a chainsaw… none of these things improve your financial resiliency or your quality of life if you can’t access them when you need them. And when might you need them?

Sooner than you think. The world needs a great “reset” based on social justice and societal progress. That’s according to the elites and clowns who run the World Economic Forum — the annual retreat of billionaires and millionaires held each year in Davos, Switzerland.

It’s almost as if the C-virus has become a perfect pretext for reorganizing civil society. This new society has win-lose government institutions at the center, and free enterprise and individual rights are marginalized. (I say marginalized, not totally eliminated, because then who would generate real wealth for the authorities to tax/steal?)

More “Pre-Incident” Indicators

The program of centralizing all aspects of our economic and political life has been going on for years (at least since 1913, when Woodrow Wilson created the Federal Reserve).

But it’s picked up a lot of speed in just the last three to four months. And now — with the C-virus as the excuse — we seem to be at a critical juncture, on the cusp of a brief age of unlimited government and unlimited fake money.

That’s why we recommend you prepare now, while you still can. The next wave of lockdowns and social controls has already started. The toppling of statues all across the country is one example. It’s not just freedom of speech that’s under attack. It’s freedom of thought, too. And the idea of America itself.

Practically, though, you may have less time to prepare than you think. I’ve noticed that package deliveries from the U.S. Postal Service and UPS are taking longer. Items I’ve ordered (that I can’t get at the local hardware store) are out of stock or taking weeks to arrive (instead of days). That’s a “pre-incident indicator” that supply chains and normal commerce could be interrupted sooner than you think.

I’d say I don’t mean to alarm you. But if you take a look around the country — and at a stock market making new highs — now is precisely the time to be alarmed.

But not panicked. It’s going to be a long, uncertain, and dangerous summer in America. Buckle up.

 

Yours for a Socialist-Free America!

Bruce ‘the Poor Man’

 

Postscripts…

Best Fish For Aquaponics

 Producing food is a formidable challenge. Growing a garden, raising poultry, farming worms…everything needs research and application of knowledge. Not to mention a little bit of luck. Those preppers in a more advanced stage already know this, for sure. But … Continued

The media frenzy over the economy and the coronavirus have frightened everyone in America on a level almost no one alive has seen.

Privately owned businesses "ordered" closed (can you imagine? In America?)... A plummeting stock market... more than 38 million Americans filing for unemployment... shelter-in-place orders...

Government — which millions of propagandized Americans have begged to take over every aspect of their lives — has shut down their lives. Your life.

There are dozens of scenarios where you might find yourself grabbing your bug out bag, loading your family in the car, and heading out of the city toward somewhere safer (hopefully a bug out location).

But unless you're a psychic or get an insider tip that a disaster is imminent, you're not going to know it's time to bug out until the millions of other people in your city know, too. They'll all be trying to leave at the same time, forcing traffic to a complete standstill…

Make a list and take it with you. Don't assume you will remember because there are quite a few prepper items to look for. Here are just 14 of them...

 How To Escape The City FAST If SHTF

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 Beware Of Road Blocks After The SHTF

 

I’m new to this whole “being prepared” thing and I’m really overwhelmed with everything I need to do. Where’s the best place to start?

-Jerry M:

Answer: The first three things I would work on when it comes to preparedness are water, food, and security.

Humans can only survive about three days without water, which is why it’s #1 on my list. I would look into getting a water filter as well as storing water in your home.

Next, I would build up your food storage but this is something you can do slowly over time.

Finally, I would make sure you have security measures in place. This could be purchasing a gun or installing a home security system in your home.

 

Birmingham Officials Punish Pastor for Speech. That Can’t Stand.

#DemsAreDestroyingAmerica

 

USEFUL STUFF…

 

Our phones are extremely important in a crisis.

They hold information and special functions that are essential for survival.

Essential information like important contacts, incoming public alerts, and they give us online access to survival strategies and life-saving techniques.

Your phone also has special functions like digital compasses, levels, and even the tiny flashlight that can be the difference between life or death in a crisis.

Your phone is that important, and should not be overlooked as an essential survival device.

THE MAJOR PROBLEM: Your phone’s power fails quicker than any survival tool you own.

THE SOLUTION: Fortunately, when you grab this "forever charger," your phone will always be charged…available at our storefront!

https://www.bonanza.com/listings/Waterproof-600000mAh-Dual-USB-Portable-Solar-Charger-Solar-Power-Bank-For-Phone-/811285329

 

 

NEW! Home Circuit Power Saving Device-Save 30—90% on Your Electric Bill.

Home Circuits Power Saving Device-Environment Friendly!

…as advertised in Reader’s Digest

Power Electricity Energy Savings Device- 30% or more Savings 90V-250V 50Hz-60Hz

Easy-to-use---No Maintenance Provides or a more stable environment for your household electrical grid…invented in Germany

https://www.bonanza.com/listings/Home-Circuit-Power-Saving-Device-Save-30-90-on-Your-Monthly-Bill/813154600

 

Free enterprise, limited government, individual freedom!

 

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You Can’t Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…Small radios, hydrapaks, books, emergency power cell or solar/battery radio weather radio!

Steel River Emergency Go Bag-22 Items Included+Bonus Book

Amazing number of useful, life-saving items included…LAST ONE!

https://www.bonanza.com/listings/Steel-River-Emergency-Go-Bag-21-Items-Included-Bonus-Book/754985271

 

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