UrbanSurvivalSkills.com has mentioned several times about it being a good idea to become a recipient of the Martenson Newsletters as Chris Martenson publishes newsletters and links to information of value to Survivalists and indicators of the coming collapse.
In one of his latest newsletters, Martenson post’s an article written by James Dines, titled “Owning 'Wealth In The Ground' Is Your Best Bet to Surviving the Coming 'Supernova of Inflations”. Although I have never heard of James Dines, apparently his record of making good calls is pretty strong.
Go here to read the whole article.
Dines made some pretty good comments, among them he sees the excessive credit in the financial system as having placed the global economy on a collision-course with hyperinflation. And of course we know that is true. 15+ Trillion dollar debt by the U.S. Government and really now way to fix it. Too much of an austerity program will induce a collapse as well continued spending. We have fenced ourselves in. And before some of hurl electronic bullets at me, the “we” I’m talking about is America and our elected politicians.....not “we” as Survivalists.
The rapidly increasing demand, increasing prices and shrinking supply of oil may be the catalyst. Dines predicts that at some point, when the military grasps the declining supply, they will seize the remaining supplies and you will not be able to drive your car until the last drop.
Dines states that the price of gold and silver did not go up. It is the fiat currency value that went down. Gold and silver are the ultimate money, coins of which are good anywhere in the world, no matter what is stamped on them, and that is the money. Gold (and Silver) are the only investible asset in the world that has gone up the last 11 years without interruption, and that is because they are just running the printing presses. The more they do, the more value builds into gold and silver. If a Survivalist does not have any precious metals then they run the risk of having a hole, large or small, in the plan.....plain and simple.
The point of the Wealth in the Ground article is about the only assets that would survive an economic collapse and the chaos that went with it is hard assets. Hard assets, in part being, being physical commodities, mining companies, gold and silver. When I first read the title and linked to it, I thought I would find someone advocating Wealth in the Ground” to mean,…a safe and secure survival site; a full time, year round water supply; ability to grow crops to sustain your survival family;......but Dines did not touch n that, but it is a logical extension of the wealth in the ground argument.
Anyway, a good article to read in it’s entirety and the Martenson newsletter at the very least motivates you to prep harder. He is one of many sources I tune to almost each and every day,…sometimes spending 2 or 3 minutes looking for something of interest,…and sometimes spending 20 minutes or more reading something where I’ll think,…”that’s a good point”.
Showing posts with label Chris Martenson. Show all posts
Showing posts with label Chris Martenson. Show all posts
Sunday, February 12, 2012
Monday, April 11, 2011
Survival Planning - The Economy is Not Getting Better!
Don't let the compromise on the Federal FY11 Budget fool you into thinking the economy is better or that we have staved off an economic collapse. The next budget fights are much more important and will have a greater impact on the speed of inflation and the path of an economic collapse.
The first one will be whether or not to extend the debt ceiling - the limit on U.S. borrowing, and the second one being the FY12 Federal Budget.
The best case scenario for continued life as we know it, is a vote NOT to increase the debt ceiling AND NO to new printing of money (called Quanitative Easing or QE) to remedy low cash flow. However this would mean that the Chinese and to a lesser extent the Japanese continue to buy our debt to finance our Federal expenditures. The likelyhood of this hapening is remote. The Chinese are battling their own inflation and also desire to replace the U.S. Dollar as the world's reserve currency...... enroute to seeing the U.S. as a second rate economy and world power. The Japanese are also over their head in debt and face massive rebuilding and political upheaval from the earthquake, Tusnami and nuclear power plant disasters.
So boys and girls, there is nothing to indicate an easing of Survival Preparations,....in fact, recent events and the Federal Government's admission of and inability to fix the debt, ease rising prices on fuel and commodities and inability to divert a collapsing economy all point to a necessary increase in Survival preparation.
Chris Martenson's newsletter with an article by Paul Tustain, sum up the debt issue as it related to a collpasing economy and the value of Gold and Silver:
"When a country's public debt exceeds 90% of GDP, that is the magic number. You get to 90%, there is no way back, and that is the number that the U.S. is going through pretty much as we speak. It is also the number which the UK has gone through; all of the PIGS are going through it, as well. They are all going past the 90% debt to GDP ratio. Obviously, Japan is miles past it already. It's up to 200%+. There does not appear, in the historical analysis, to be any great likelihood of getting back from that level of debt safely. There is this strong evidence that above 90% debt to GDP, you will experience either a cataclysmic default or some form of very serious inflation."
"So observes Paul Tustain, gold market analyst and founder of BullionVault. In his view, gold serves as a beacon who's price is currently signalling the monteary system is in grave danger."
So we are not out of the storm,...if anything we are in the eye of the storm with the backside of it stronger than anyone can predict.
The first one will be whether or not to extend the debt ceiling - the limit on U.S. borrowing, and the second one being the FY12 Federal Budget.
The best case scenario for continued life as we know it, is a vote NOT to increase the debt ceiling AND NO to new printing of money (called Quanitative Easing or QE) to remedy low cash flow. However this would mean that the Chinese and to a lesser extent the Japanese continue to buy our debt to finance our Federal expenditures. The likelyhood of this hapening is remote. The Chinese are battling their own inflation and also desire to replace the U.S. Dollar as the world's reserve currency...... enroute to seeing the U.S. as a second rate economy and world power. The Japanese are also over their head in debt and face massive rebuilding and political upheaval from the earthquake, Tusnami and nuclear power plant disasters.
So boys and girls, there is nothing to indicate an easing of Survival Preparations,....in fact, recent events and the Federal Government's admission of and inability to fix the debt, ease rising prices on fuel and commodities and inability to divert a collapsing economy all point to a necessary increase in Survival preparation.
Chris Martenson's newsletter with an article by Paul Tustain, sum up the debt issue as it related to a collpasing economy and the value of Gold and Silver:
"When a country's public debt exceeds 90% of GDP, that is the magic number. You get to 90%, there is no way back, and that is the number that the U.S. is going through pretty much as we speak. It is also the number which the UK has gone through; all of the PIGS are going through it, as well. They are all going past the 90% debt to GDP ratio. Obviously, Japan is miles past it already. It's up to 200%+. There does not appear, in the historical analysis, to be any great likelihood of getting back from that level of debt safely. There is this strong evidence that above 90% debt to GDP, you will experience either a cataclysmic default or some form of very serious inflation."
"So observes Paul Tustain, gold market analyst and founder of BullionVault. In his view, gold serves as a beacon who's price is currently signalling the monteary system is in grave danger."
So we are not out of the storm,...if anything we are in the eye of the storm with the backside of it stronger than anyone can predict.
Sunday, August 1, 2010
Urban Survival Preparation - Chris Martenson's Blog
UrbanSurvivalSkills.com recently found a new and good site to visit. www.chrismartenson.com
It seems it is becoming more and more mainstream to have some type of preparation in place for, what we call "the pending collapse" and what others call "possible disruptions in society or the economy".
Chris Martenson does not bill himself as an economist. He tells people that he's a trained research scientist, and a former Fortune 300 VP. Most importantly, though he notes,....he's a concerned citizen.
Chris says that the next twenty years are going to look very different from the last twenty years. It is a worth a look at his site, http://www.chrismartenson.com/
Martenson talks about "Self Resilience". About having good water sources,...about being able to grow your own food.....about making our lives easier and just plain simple.
I like what I read on this site especially when he talks about for preparing for societal or economic disruptions,....that there is night and day difference between "being zero percent self-reliant and 3 percent".
This rings true to me since I field alot of questions from people on "Survival Preparation" and many of them decide not to get prepared in any form or fashion believing that they are either too late to get started, or whatever they do won't be enough,....so why bother?. Yeah, I know a defeatist attitude when I see it, but as I learned in my business, "You can't want it more than they do".
I posted pieces of what Chris writes below:
"What should I do?"
It can feel pretty personally overwhelming to learn about all the economic, environmental, and energy challenges in store for us for the rest of this century. There's plenty of work to be done by governments and businesses, sure—but what about preparing yourself and your family for this quickly changing world? The choices seem overwhelming. Where does one begin?
Six years ago, I began to address these questions for myself and my family. I'll be honest; my first motivation came from a place of fear and worry. I worried that I could not predict when and where an economic collapse might begin. I fretted that the pace of the change would overwhelm the ability of our key social institutions and support systems to adapt and provide. I darkly imagined what might happen if a Katrina-sized financial storm swept through the banking system. I was caught up in fear.
But I am no longer in that frame of mind. Here, six years later, I am in a state of acceptance about what the future might bring (although I am concerned), and I have made it my life's work to help others achieve a similar measure of peace. While I am quite uncertain about what might unfold and when, I am positive that anyone can undertake some basic preparations relatively cheaply and will feel better for having done so.
I am passionately interested in helping others to gracefully adapt their lifestyles and adjust their expectations to a very different-looking sort of future. I have no interest in scaring you further, or having you approach the future with trepidation, anxiety, or fear. Quite the opposite. I want to let you know that adjusting and adapting can be one of the most rewarding and fulfilling journeys you could undertake. It has been so for our family.
Just so you have a sense of the scope and the pace of these changes in our lives, I should mention that in 2003 I was a VP at a Fortune 300 company, forty-two years of age with three young children (the oldest was nine), living in a six-bedroom waterfront house, and by every conventional measure I had it all. Today I no longer have that house, that job, or that life. My "standard of living" is a fraction of what it formerly was, but my quality of life has never been higher. We live in a house less than half the size of our former house, my beloved boat is gone, and we have a garden and chickens in the backyard.
Peering in from the outside, someone might conclude that our family had fallen off the back of the American-dream truck with a thud. But from the inside they would observe a tight, comfortable, confident, and grounded family. We owe much of our current state of unity to the fact that we embarked on a journey of becoming more self-sufficient and discovered the importance of resilience and community along the way.
Anyone can do the same. But first, we must lay some groundwork and address the question, "Why prepare?" After that, we can delve into the details.
The Basics of Preparing
Becoming Resilient
In the interests of space, I am not reproducing all of Chris article, Part I - The Basic of Resilience",....please to go his web site and read both Part I and Part II.
It seems it is becoming more and more mainstream to have some type of preparation in place for, what we call "the pending collapse" and what others call "possible disruptions in society or the economy".
Chris Martenson does not bill himself as an economist. He tells people that he's a trained research scientist, and a former Fortune 300 VP. Most importantly, though he notes,....he's a concerned citizen.
Chris says that the next twenty years are going to look very different from the last twenty years. It is a worth a look at his site, http://www.chrismartenson.com/
Martenson talks about "Self Resilience". About having good water sources,...about being able to grow your own food.....about making our lives easier and just plain simple.
I like what I read on this site especially when he talks about for preparing for societal or economic disruptions,....that there is night and day difference between "being zero percent self-reliant and 3 percent".
This rings true to me since I field alot of questions from people on "Survival Preparation" and many of them decide not to get prepared in any form or fashion believing that they are either too late to get started, or whatever they do won't be enough,....so why bother?. Yeah, I know a defeatist attitude when I see it, but as I learned in my business, "You can't want it more than they do".
I posted pieces of what Chris writes below:
It can feel pretty personally overwhelming to learn about all the economic, environmental, and energy challenges in store for us for the rest of this century. There's plenty of work to be done by governments and businesses, sure—but what about preparing yourself and your family for this quickly changing world? The choices seem overwhelming. Where does one begin?
Six years ago, I began to address these questions for myself and my family. I'll be honest; my first motivation came from a place of fear and worry. I worried that I could not predict when and where an economic collapse might begin. I fretted that the pace of the change would overwhelm the ability of our key social institutions and support systems to adapt and provide. I darkly imagined what might happen if a Katrina-sized financial storm swept through the banking system. I was caught up in fear.
But I am no longer in that frame of mind. Here, six years later, I am in a state of acceptance about what the future might bring (although I am concerned), and I have made it my life's work to help others achieve a similar measure of peace. While I am quite uncertain about what might unfold and when, I am positive that anyone can undertake some basic preparations relatively cheaply and will feel better for having done so.
I am passionately interested in helping others to gracefully adapt their lifestyles and adjust their expectations to a very different-looking sort of future. I have no interest in scaring you further, or having you approach the future with trepidation, anxiety, or fear. Quite the opposite. I want to let you know that adjusting and adapting can be one of the most rewarding and fulfilling journeys you could undertake. It has been so for our family.
Just so you have a sense of the scope and the pace of these changes in our lives, I should mention that in 2003 I was a VP at a Fortune 300 company, forty-two years of age with three young children (the oldest was nine), living in a six-bedroom waterfront house, and by every conventional measure I had it all. Today I no longer have that house, that job, or that life. My "standard of living" is a fraction of what it formerly was, but my quality of life has never been higher. We live in a house less than half the size of our former house, my beloved boat is gone, and we have a garden and chickens in the backyard.
Peering in from the outside, someone might conclude that our family had fallen off the back of the American-dream truck with a thud. But from the inside they would observe a tight, comfortable, confident, and grounded family. We owe much of our current state of unity to the fact that we embarked on a journey of becoming more self-sufficient and discovered the importance of resilience and community along the way.
Anyone can do the same. But first, we must lay some groundwork and address the question, "Why prepare?" After that, we can delve into the details.
The Basics of Preparing
Becoming Resilient
In the interests of space, I am not reproducing all of Chris article, Part I - The Basic of Resilience",....please to go his web site and read both Part I and Part II.
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