Protecting Yourself – The Final Steps
Posted: Jan 10 2009 By: Jim Sinclair
Post Edited: January 10, 2009 at 10:22 pm
Filed under: General Editorial
Dear Friends,
Having secured your finances by insuring them with gold and distancing your assets from your financial agents to the greatest degree possible, there comes one more task that you should put some thought into: securing yourself.
There is no question at all that as the jobless rate rises, civil disorder will begin to manifest itself in society.
No matter if you live in NYC or in Flat, Alaska it would behoove everyone to review and improve their home security. You have nothing to lose by being objective. Here are a few ways to achieve a high level of home security:
(1) Install an external intercom so you can talk with people coming to your home without unlocking or opening the door. Itinerant door knockers don’t need to see you or have personal contact with you nor do they need to see inside your home. Door-to-door solicitors, like telemarketers, need to be politely but abruptly, dismissed. Provide them with no information!
(2) Electronic security: Don’t buy a cheap system. It costs several thousand dollars for a competent, monitored system. Once installed, use it! It needs to be activated every night and every time you leave the house. Make it personal policy!
(3) Dogs serve many purposes, the first of which is companionship without conditions. Even a total wimp like Mr. Freddie (my wife’s legacy to me) can raise the alarm when required. Mia not only raised the alarm but also the roof and walls. She chased Victoria’s kids out of my office. She bit my African daughter which made me remind her, like it or not, that Mia is the family dog and her action might be a comment on how often Marlene is home.
Of course, I am kidding. Mia was very sternly reprimanded for that one. Mia was a tough situation as I loved her dearly, but she felt her duty was to protect me from everything and everybody. This is why Barbara changed her name from "Mia" to "My Damn Dog." In sum, Mia fulfilled her self appointed duty by being one mean b—h, (referred to as a female of her species).
(4) If you live like I do in a rustic and somewhat isolated area, then metal detectors at all entrances are a good option. They make excellent wireless systems that now transmit 1,250 feet to the receiver. You can obtain tunes for different entrances.
(5) Automatic perimeter lighting that is triggered either by laser interruption or infrared is also an option to consider. Also, very cheap devices are available now.
Spend no less than 2 1/2 percent of your liquid net assets on home protection, electronics, communication and power generation. Even a small Honda portable generator on the porch of a metropolitan apartment - legal or not -will come in handy when you need it.
Then pray all this is totally unnecessary.
Dear Friends,
There is one simple but extremely dangerous error being made by the man who is the world's greatest expert on the time period and economics of the Great Depression, Dr. Bernanke, Chairman of the Federal Reserve.
The Chairman is an expert on the history and consequences of that period. He is being guided by this deep knowledge, yet is totally oblivious to the consequences of the alternative actions he is taking to not make the same errors as the 30s. This is all in his attempt to prevent his president from going down in history along with other failed economic leaders.
The unprecedented creation of infinite dollars for the purpose of flooding the world's entire financial system is causing the birth an inflation of types unknown in a modern economy.
The test case for the CONSEQUENCES of present united central bank actions is the history of the Weimar Republic, but this time it is on a planetary basis.
CONSEQUENCES cannot be avoided by any means. They are economic equal and opposing forces. That is simple fact.
In an attempt to avoid what the Chairman see as consequences of incorrect central bank action in the 1929 - 1933 period, he is creating new and infinitely more dangerous, longer lasting, society changing, politically provocative new sets of unexpected economic CONSEQUENCES.
The only number that might compare to the nominal value of all OTC derivatives is a count of all the individual plankton in all the oceans of the world and then only maybe.
The world will never be the same because of the greed of these 29 year olds and the old goat bosses who sat at the long desk of the board of directors while looking the other way.
Upcoming events:
As a result of "This is it and It is NOW":
1. US exchanges will be closed. There is a chance all world exchanges will close down. Only gold and currencies which are planetary markets will continue to trade.
2. Retirement programs will not pay off.
3. Medicare and Medicaid will at best buy you a bandage or pay for 1/4 of a visit to a free clinic.
4. Social security, due to the massive upcoming inflation, will provide no security for any society.
5. Money Market Funds will not pay off.
6. A CD is a gift, but not to you.
7. Unified central bank action has a short life.
8. Central banks will soon revert to the strategy of everyone for themselves.
9. 401Ks not self directed are headed for the toilet forever.
10. Exchange Traded Funds will not return the assets upon which it is based to you.
11. Sliver will demonstrate the fact that it is more industrial a metal than precious.
12. Silver is not a currency because it is simply too HEAVY to settle debts or to be universally fungible.
13. Silver performs best when there is reasonable industrial demand and distrust of currency. When this happens rounding up the gang and their money will have a lot to do with which party is elected.
14. Credit card companies are going to have to be bailed out.
15. GE Capital is a nuclear capable entity that has the capacity to take down the good old toaster and refrigerator manufacturer - SIGMA ZERO.
16. GE Capital is a huge OTC derivative dealer but somehow I do not recall that fact being discussed.
17. Gold is the only Honest Money because it has no liability attached to it.
18. Gold coins are the best way to own gold for the average investor.
19. When you select a junior gold, I would look for the highest quality, most bashed, highest short positioned, with real assets and real people devoid of pussy management. The situation is best if it is based in another country than the country you live in while doing business in a third and trading in multiple areas. The benefit is obvious.
20. Nobody ever did or will ever trade items as insurance. That is a form of madness.
21. At $1650 I will take my leave, having been with you to the point I promised.
22. The only place you will find me then is at my place of business on the ground or the web.
There is no question that gold will trade at or above $1650 by January 14th, 2011.
Dear Friends,-------------------------
Gold is about to VAULT UP.
I am reliably informed that the paper versus bullion gold war is lost by paper gold at a $930 close.
Gold will vault to slightly under $900 then get pushed back, but not much at all. Directly after that we are off to $1200.
A Bank Holiday is moving from possible to PROBABLE.
* Have you fully protected yourself?
* Have you distanced yourself as much as possible away from financial agents holding your assets?
* Have you gotten paper certificates for your shares or became a direct registration book entry at the transfer agent?
* Have you protected your retirement accounts the same way as your shares above but in the name of the retirement account and the trust holding them?
* Have you closed your Money Market fund accounts regardless of what assurances your bankers offer?
* Have you withdrawn from your Credit Union?
* Have you exited your corporate retirement fund?
* Do you have significant gold and related shares investments?
It is getting UGLY out there as each day an attempt to postpone a bank holiday fails. Almost every other day lately financial leaders of the world have announced new plans that were "the final answer" to the super-glued credit market. All these plans have had no effect. The Dow fell like a rock off a cliff.
This says all efforts have failed.
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