Category Archives: Economics
By: Tom Chatham
As global currencies wage a race to the bottom, citizens of the world are kept distracted by insignificant things to keep them calm right up to the end. The end will be the destruction of many world currencies and the savings of those invested in them. When that happens those who have lost everything will panic, and for good reason. The conspiracy theorists and sound money people will be proven to be prophets but none of that will matter by then.
All of the savings that people think they have was long ago looted by the bankers and now they must destroy those ledger entries that people think they have. Much like the phantom gold that no longer exists in vaults but only on paper, those ledger entries must be destroyed before the banks are required to give that money back to its rightful owners. It is not only the savings but the promised payments from government entities that must be eliminated. The government has made promises it cannot keep and now it must find a way out while maintaining “plausible deniability”.
That is the crux of the unwinding we will see in the near future. The people have been robbed of their wealth and their futures and now it is time to perpetrate the cover up so the guilty parties can sail off into the sunset with their ill gotten loot. It almost sounds like a movie plot but unfortunately the people will have to stick around after this show and deal with the aftermath. That is something most people do not see coming and are ill prepared to deal with emotionally, physically or financially.
There are many things that people will disagree on when it comes to the future but there are some things those following events will agree on.
There will likely be a catastrophic event in conjunction with a monetary crisis.
Most people will be completely unprepared for the events.
Only those that hold hard assets and the means to protect them will come through this with any wealth in tact.
The government will increase their control of the population.
Basic resources like food, water and energy will be expensive or difficult to get. This is especially true for imported goods.
People will lose the homes they cannot afford and their retirement savings.
Government payments will be cut off or severely cut back.
There will be armed resistance against the government as they reduce freedoms that people are accustomed to.
Roving gangs will likely be a problem at least in the short term following the crisis.
The country will look much different in ten years than it does now, and likely not for the better.
People will need a different strategy for retirement than they now hold.
Healthcare will become more expensive and less available to the average citizen.
The U.S. will likely become a third world nation as far as living standards are concerned.
These items point out the direction we are headed as a nation. Those that ignore the reality we now live in will suffer greatly and will be immobilized with fear and uncertainty as to what to do. The government they looked to in the past for guidance and safety will be at odds with their very existence in the future. Those things they took as a given will no longer exist.
This list defines what you as an individual must be prepared to deal with in the uncertain future ahead. Only by addressing these issues will you have any peace of mind in the coming days as events play out on a global scale. It has been said many times before but must be repeated because many still do not hear the message.
You must be prepared to provide basic necessities to your family for a prolonged period of time. This includes clean drinking water, nutritious food, shelter, sanitation, security, clothing, health care and any excess funds should be used to buy precious metals or some other wealth preservation tool. Any transportation and communication assets you have will greatly enhance your survival position.
Beyond these basic items you will also need to think about some way to produce income in the years ahead. Having special knowledge or capitol equipment to produce needed goods will insure you can continue to care for your family long term. The ability to produce food, water, clothing or energy and provide medical help or capitol goods will insure you have a product to sell that will be in demand.
In a dysfunctional world the business opportunities are many. Basic supplies that were once taken for granted will be sought after by everyone. Herbal remedies, meat production, paper goods, cleaning agents, tools, building supplies and such mundane things as blocks of ice and footwear will have to come from somewhere. Something as simple as an absorption freezer powered by a homemade power source like bio-gas can provide frozen meat and ice to sell the year round.
You must also be cognizant of many possible dangers that an uncertain world can present. These include natural disasters, the threat of war, disease, nuclear dangers such as fallout and contamination and chemical threats from malfunctioning plants and storage sites.
The ability to plan for the future is more imperative now than ever. It is a sad thing that people spend more time planning a summer vacation than they do for their future. That lack of planning will insure a difficult future for them and their children as the world unwinds at an ever faster pace taking their standard of living to ever lower levels until reaching the bottom of this unknown new world. You need to prepare now like your life depends on it, because it does.
By: Tom Chatham
Have you ever asked a person why they work? If you have the answer will likely end with a statement that they need to pay for stuff. It’s a truism in the world we live in that you must pay for many of the things we need. Its this need to pay for more and more stuff that leads to the need for higher paying jobs.
This perceived need leads many to seek jobs they do not necessarily like but need to achieve this end result. The race for the almighty buck has many unintended consequences. It has been said that if you do not like your work, you will not like anything else about your life.
The pursuit of money leaves many people with a hollow void that is never filled and causes them to lash out at society in their discomfort. This is seen in the many cases of domestic abuse, road rage and general lack of politeness in society. In many cases the more the person makes, the more likely you are to see these traits.
What is missing in many peoples lives is the personal satisfaction they get from the feeling of accomplishment of something every day. The more personal satisfaction a person gets out of life, the more likely they are to be a happy person and in turn treat others with respect. This also helps to insure a healthy life that avoids many of the ailments that come with having a foul mood most of the day.
The feeling of accomplishment can come from very little things such as building or repairing something. Some of my most cherished accomplishments are things I did for free. Knowing I did something that had some value and served a purpose meant a lot to me personally. Doing that and making some money at the same time is just icing on the cake.
This is something many people in our fast moving world miss out on and it can cost them in the end. As society gets faster and money becomes the primary commodity in life, people can lose their self worth and determination. This is evident when something happens and they suddenly have no money to continue their current lifestyle. Money has replaced personal satisfaction as the cement that holds society together. When the money supply finally gives out, society will fall apart.
Having money is great because it allows you to do many things you could not do otherwise but it should not be the foundation of your existence. How many people have gotten divorced because of monetary problems? How many people have refused to get involved with someone else because they did not meet up to their monetary expectations?
Money has become all too important in society and when it goes away during economic crisis society cannot handle it. If you have a spouse that just says, don’t worry we can manage, after you have lost your job and have very little money to live on then they get it. They are saying their personal happiness does not depend on money to give them the personal satisfaction in life that they require.
This is the missing ingredient that the American society needs to get through the trying times ahead and we no longer have it. If we do not find it soon, the days ahead will be very miserable and very destructive as society tears itself apart searching to fill the void left by the destruction of money. When you can go day to day without money and feel happy about life, you are at a place that will allow you to get through most bad events in the right frame of mind. That frame of mind is what you need to solve the problems at hand and move on with your life. The lack of it will cause us to self destruct.
By: Tom Chatham
It is becoming harder every day to keep up with rising prices in a declining economy. This type of situation is often referred to as stagflation. Your income stagnates while prices rise making life ever more difficult. In the situation many Americans now find themselves in, they will need to develop a business of their own to replace the ones that are now disappearing at an alarming rate. The best businesses to be in in the future are those that provide a basic necessity to the population.
For those with a small plot of land that need to support themselves, it becomes necessary to maximize the income from that land. Many people make good money from produce which can be grown intensively in many cases but unless you live in southern latitudes you can only grow most things for part of the year. While produce is a sure money maker in most cases it cannot be stored for very long making it difficult to provide income on a regular basis throughout the year.
Growing things such as grain is one way to insure you can store a product for sale the year through but unprocessed grain does not provide very high profits on a small scale. An acre of corn will only provide you with several hundred dollars gross per acre so a large field is required to make any reasonable profit. But, what if you could make thousands of dollars per acre instead of hundreds? This would make the small plot you have more viable as an income source.
A bushel of corn sells for about $6 depending on the season and available stocks. That same bushel of corn when ground into cornmeal will generate around $36 on a retail level. The ability to grind your own grains for resale provides you with the opportunity to maximize profits on your small acreage. It is easy to find a produce stand in rural areas but how many sell value added products like cornmeal or flour? This can provide you with a product that few others have and if you have sufficient acreage, you can produce enough to sell throughout the year.
With small scale grain raising, you have the ability to grow heritage plants in an organic way. Many people now seek organic feeds for their livestock making organic grains a growing business. You will not make the maximum profit per bushel selling as feed but if you have sufficient land, it can increase your profits immensely. Another product you can provide at the same time are seeds. Having the ability to produce seeds for sale can reap huge profits if your selling base is large enough. A bushel of heritage corn can sell for as much as $1,200 when broken down into small packets for home gardens.
Value added products are not limited to grains. If you have a sizable woodlot, a small portable mill can provide you with lumber to sell. With a flock of chickens you can sell eggs for a few dollars a dozen or you can hatch them out and get a few dollars per chick. Those that can raise and process meat can increase their profits considerably over the sale of live animals. Making cheese or ice cream from excess milk adds a lot of value to dairy products. Making products such as sorghum syrup, rolled oats or honey are products that are not made by everyone that sells produce so you will have the ability to draw people to your business for these specialty items.
In the search for better profits from your small plot, it is necessary to develop a customer base that you can depend on for repeat sales. Repeat customers are the basis of any profitable business regardless of the product. Having a business location where your customers can come to view your products and fulfill their needs is the very best way to build a small business that can provide income during difficult times. Your ability to control your products from harvest to sale will allow you to remain competitive in the marketplace and reap the maximum profit from your products.
Using available resources to their maximum potential is the way Americans built this country up from the wilderness they found. Making a product to sell is the only way to produce real wealth. The act of producing value added goods requires knowledge and equipment. By analyzing your potential and that of your land you will be able to determine what you are capable of and what equipment you will need to build up your business. By making up a list of what you need to do you will be able to plan out a strategy that may take a few years to realize but can provide you with the ability to be productive and stay ahead of a declining business environment where basic necessities will always be in demand.
By: Tom Chatham
The U.S. dollar is the world reserve currency, for now. That means everybody that trades in major commodities around the world needs dollars in hand to purchase what they want. In the 1970’s Saudi Arabia agreed to sell oil in dollars only and the petrodollar was born. As a major oil producer this forced everyone else to price their oil in dollars. Everyone needs energy to grow their economy so this created a huge demand for dollars around the world to pay for this oil.
As the economies of the world grew the demand on the dollar grew. The U.S. found itself in a position that allowed it to merely print money to pay for anything it needed around the world. America became wealthy by becoming the greatest manufacturing center in the world but as our manufacturing declined it was replaced with the ability to produce dollars for world consumption. This gave Americans the greatest prosperity the world has ever seen. That is beginning to change with the bilateral agreements now taking place around the world.
Many of the countries around the world have become disenchanted with the dollar over the last decade due to the Feds massive creation of dollars flooding the world. This creation of dollars has devalued the dollars already in circulation and the dollar is no longer seen as a good store of value.
The bilateral agreements being orchestrated now will eventually unseat the dollar as a needed mechanism of world trade and when that happens everyone will dump the dollars they are now holding. Every fiat dollar is a claim on real goods. When these dollars are liquidated from overseas vaults, they will be converted into hard assets. It is estimated that about 80% of all existing dollars are held outside the U.S. When this liquidation takes place all of these dollars will eventually go back to where they came from, meaning the U.S.
All of these dollars were created far in excess of any real goods to back them in the U.S. As these dollars are sent home they will be converted into hard assets from the U.S. This will turn the U.S into a giant garage sale as dollar holders attempt to get whatever assets they can before inflation eats up their purchasing power. The people in the U.S will find themselves bidding against foreigners with about four times as much money and the goods will go to the highest bidder.
When this happens the price of goods will skyrocket putting basic necessities out of reach for most Americans. This is the nightmare hyperinflation that many fear will come in the waning days of the dollar. If this happens America will be stripped of anything of value and many fear the government will simply turn over public lands for these fiat debt instruments created by the private Federal Reserve System.
A day of reckoning is coming for the citizens of the U.S. and it will be pandemonium as everyone tries to grab and hold on to anything they can to preserve their wealth and property. The day the buck finally stops in the U.S. will truly be the end of the line for most Americans.
By: Tom Chatham
Private property rights are the cornerstone of a free republic. People are only free when everyone is equal under the law. When a small group of people subvert the laws that make everyone equal and place themselves above the law, it is only a matter of time before freedom becomes forced servitude.
The actions by the U.S. government are giving the tell tale signs of complete destruction of liberty and the institution of what can only be called slavery of the masses. Those at the top are engaged in the transformation of the nation into a feudal society where a few are very rich and the rest are subjected to poverty and earning a meager existence at best.
In a wealthy nation like the U.S., the transformation to a feudal society requires the government to destroy or take all wealth away from those that have it. They must impoverish everyone by taking their land, their money, their personal belongings and anything else that constitutes wealth that they can use. This is especially true of equipment that can provide basic goods required by the populace and the ability to produce income.
Much of the wealth will be destroyed due to economic reasons that cause property to be repossessed by creditors. This has been made possible by the credit schemes devised by banking institutions to create debts that cannot be paid back by borrowers. The underwater mortgage loans that many now have are evidence of this.
Some of the wealth will be lost as economic conditions deteriorate and individuals are forced to sell their belongings to continue their current lifestyle or simply survive. As their possessions are sold off and the money is spent on needed goods with ever increasing prices, these people will slowly become impoverished until they are forced to rely on government handouts for survival.
Those that have been conscious of the debt based system we live in have stayed out of debt by living within their means, own their possessions free and clear and likely have savings to fall back on during desperate times. These people will be the target of government policies to impoverish them by any means. This will include massive price inflation, civil forfeiture laws and new taxes meant to overwhelm property owners. Everything you own will be targeted for confiscation and destruction. The government must destroy the ability of people to be independent of the government and remain free.
These people are the greatest threat to a tyrannical government. That is why they will ultimately be targeted to take what they have by force. The executive orders now on the books give the government the authority to take everything you have under emergency decree. Once these few individuals are the only one’s left with any substantial wealth, the government will move to take their property and complete the transformation.
The government moves in small steps to further their agenda and prevent any mass outrage by the population. The moves by the EPA and FDA to reduce or limit your rights on your own property slowly train you to not question the government and prevent self sufficiency. The governments edicts that lay claim to everything you have including your food and labor are a clear indication of their end goal. The governments statements that they have the right to kill Americans is self evident. The moves to regulate and eventually deny private gun ownership is the prelude to their final solution. A defenseless and impoverished population is powerless to prevent government abuses.
When this happens it will be up to each person to decide how they will react and what they are prepared to do to protect their rightful property. Some may decide to convert some or all of their wealth into commodities such as precious metals for easy transport and concealment. Some may decide to move to another place, out of the reach of the government. Some may elect to fight the government in a direct confrontation to defend their property. Some may elect to hide in a remote area and stay clear of the government until things change for the better. Some may elect to literally bury their wealth or important equipment to prevent confiscation by government personnel.
Regardless what your plan is you must decide now what you are willing to do and what actions you need to take now to preserve your property under the circumstances we will likely face in the future when government operatives come for your wealth. Once the nation is relegated to poverty and defenseless, and the government controls all forms of wealth and natural resources, it will no longer be possible for the people to build a decent future for their family. It is for these reasons that wealth and property must be protected from government confiscation to insure the people have the ability to maintain a reasonable standard of living and a certain amount of freedom. In the end, the loss of private property rights will mean the loss of freedom and prosperity.
By: Tom Chatham
Many people have heard of the underground economy and some even use it today to some extent. It encompasses those that work off the books to earn money. It makes it possible for some that earn a little money to keep most of it by not reporting it and having to pay taxes on it. It is not much money that they save in taxes but to those that earn it, it makes a lot of difference in their lives. It is their way to survive in a system that is stacked against them.
With the economy becoming worse every month for the producers in society, a new system will need to take over when the current one becomes untenable. Those that see the writing on the wall need to take the steps now to prepare for this change so they are not forced to utilize the state run system that will follow. As bad as it is now, when the economy fails, the government will move to control all commodities and transactions. This will be the mark of the beast system many now talk about. No one will be able to sell or buy without the government knowing what you are doing.
This is the next stage of the government control grid that will tighten the reigns of power even more in the elites favor. With total control of everything sold, the government will be able to deny resources to selected groups or individuals that do not comply with government rules. This will be the mechanism to subdue the population and force compliance of the masses for the enrichment of the leadership.
You will not be able to buy more than your delegated share of goods. You will not be able to stockpile extra resources. You will not be able to buy restricted products that can be used against the government. You will not be able to save any substantial amount of money for later use. You will not be able to shop around for the best prices as the government will set the prices you will pay for everything. You will be totally controlled by the government according to their desires.
The only way to avoid this outcome is to have the ability to buy and sell outside of government control. This means you will need to be a part of the underground economy or black market as some call it. This ability to buy and sell outside of government scrutiny will enable you to retain some of your freedoms. This is one of the weapons needed to fight a tyrannical government and win.
The ability to buy goods and services outside the normal channels allows you to negotiate the price you are willing to pay and to find the products you want to buy. It allows you to get the things you want, even if it is government controlled or restricted. It is the free market at its most basic level.
To have an underground economy there are four things that are necessary to insure it functions properly.
Producer- This is the person who produces the product or service that the market place requires. This person can sell directly to buyers in the local economy but often requires someone else to sell in distant markets.
Middleman- This is the person who brings products and buyers together. He buys from the producer and transports the products to distant markets to complete the sale of goods.
Buyer- This is the end user of the goods and services. The buyer dictates what the demand is in the market.
Medium of exchange- This is the payment method used in commerce. A robust market requires a payment system that is agreeable to all parties.
The producer is the person that creates goods from raw materials and creates usable items that are in demand. This can be anything from food to tools and furniture to weapons. The producer has the skills needed to make things that others cannot. The middleman is necessary when products must be transported to distant markets that producers do not have the time or means to reach on their own. The buyer dictates what products or services are wanted in the marketplace. They are the end user and establish demand.
The medium of exchange can be anything agreed upon by the market place. It can be paper, rocks or metals. The most used medium over the ages has been gold and silver. They are easy to carry and are easily recognized. These metals are scarce and cannot be produced out of thin air as other things can. This gives them the stable properties that make a good medium of exchange.
It has been said that gold is the money of kings, silver is the money of the rich and barter is the money of the poor. Today you might say that gold is the money of the rich, silver is the money of the producers and barter is the money of the poor. Gold is expensive and difficult to use except in large transactions. Silver is less expensive and more available to most people. It is silver that holds the most promise for future trade in the underground economy.
The utilization of silver to transact business allows the buyers and sellers in society to control commerce and the distribution of wealth rather than the government. The possession of gold, silver, products or skills are the hard currencies that allow society to prosper. These hard currencies prevent the mis-allocation of wealth and resources that occur when a government entity has the power to print a substitute that can be exchanged for real wealth. The ability to print and control this substitute allows government to control commerce and the business system and the population with it.
The ability to leave this substitute system which is fraught with corruption allows society to prosper at a rate set by society and not the government. In the future it will be necessary for anyone that wishes to retain any freedom to utilize the underground economy to maintain a reasonable standard of living not controlled by the government. This must be accomplished by the cooperation of individuals in society that understand the need for this kind of system.
With the steady corrosion of value in the dollar today, it is imperative for groups to form and set the standards for the underground economy of the future that they will depend on to survive outside the confines of government. There are many barter groups around the country and this is a good start but more needs to be done in the short term to coordinate the system.
There is a need to determine what skills and products are available and what the price in silver will be. A standard price/value scale needs to be determined to act as a universal starting point for commerce in the underground economy when full implementation occurs. The pay rate for labor, the cost of farm products, the value of wood and timber products etc…, all need to be discussed now while there is time to coordinate this system nationwide with various groups.
A good starting point is 100 years ago when gold and silver were the primary mediums prior to the FED taking control of the system. Back then a good annual income was about $600 a year. An acre of land sold for about one silver dollar. Eggs could be had for around 20 cents a dozen and butter 25 cents a pound.
This starting point is just that, a starting point. Some products will command a higher price in some areas and labor will be higher in some markets. The free market will adjust these local rates once the system is under way. Those that desire to operate in this type of free market need to know now where the products and skills can be located and everyone that is able needs to begin the process of storing the necessary silver to trade in this system. Those that lack the funds to store silver will need to insure they possess skills to trade or have the means to produce a product to sell.
One benefit of accumulating silver at this time is the fact that it is under priced relative to past value. Six hundred silver dollars is equal to a years pay in 1900 but can be purchased for about ten thousand dollars at this time. Those that see this type of system as necessary in the future have the opportunity to save for future purchases at a discount now.
When the current system fails and the government attempts to gain even more control over the population with a new system, those that wish to continue operating in the free market need to have the mechanism to do so. It is likely the government will outlaw any system that they do not have complete control over. The ability of the bankers to force the population to use their money at the value they set will leave many in a desperate situation they cannot escape and find difficult to survive in. An underground economy utilizing silver as the primary medium of exchange will give many the means to live outside the government system and continue living as free men rather than slaves to the system.
By: Tom Chatham
Those that have the foresight to plan ahead for their distant future needs are growing smaller by the year. With every new generation the want for things to be faster and always newer is the driving force that will eventually devour us as a nation. Long term planning has given way to short term gratification. The need to live for today has replaced the time tested wisdom to live life in moderation. Its not a bad thing to want a good life and those things that make it easier but to sell your future in order to have it all now is a recipe for disaster.
There are those that tell the masses that life should be lived to the maximum every day and not to worry about the future because someone else will take care of that for you when the time comes. That is like driving your car wide open everywhere you go. You will get there faster and have a lot of fun doing it but your car will wear out much faster and leave you stranded at some point with no means to get another because you still owe on the first one for years to come.
Life can be just as much fun when lived in moderation and done with a long term plan to get you to the end. By planning your future needs and wants you can get there with money to spare. The act of buying it now and paying high usury fees destroys your future savings. If you go around paying two or three times for everything you get, you will be throwing away a lot of your hard work and future happiness.
Westerners, and more so Americans than the rest, tend to take a short term perspective on things. This short attention span and desire for immediate gratification is the cause of many of our woes. Since most Americans live paycheck to paycheck today, it is easy to understand why they take a short term perspective on their lives. They put so much energy into the here and now they have nothing left for the future. This short term perspective causes them to develop tunnel vision and disregard future possibilities. This prevents them from forming long range plans and goals that they can work towards to fulfill their hopes and dreams.
As many preppers will tell you, they did not have the ability to immediately fulfill their want list of preparations. They had to make a long term plan and stick to it to some degree in order to get to the preparedness level they desired. For many this took years and for some the work still continues. A prepper is the epitome of a long range planner. They evaluate the resources they have to work with and set out long range goals to achieve a certain desire.
This is the primary element that is missing from the American culture at large today. The desire for immediate gratification has led America down a path of destruction that will destroy our nation in due time. Americans give little thought to buying on credit or borrowing beyond their ability to repay. They want it now and will deal with the problems later. When the problems finally rear their ugly head, the lack of a long term plan to deal with it causes them to implode, costing them everything they have and the loss of many years of hard work. The wealth amassed by previous generations has been squandered and the current generation wants to have the same living standard as previous generations but there is nothing there to support this lifestyle.
The lack of a long term plan has led many Americans to borrow at excessively high rates and give away their hard work for little gain. As the economy collapses they will lose the few things they have that were bought on credit that they can no longer pay on. The current plan is nothing more than short term creative destruction. Americans are leveraged to the hilt with no hope of ever coming ahead. Only through the use of well conceived long term and short term goals will the U.S. achieve a stable economy that offers prosperity for its people.
The lack of a long term plan for economic prosperity has left America with a hole that must be filled by something. That something is now becoming very obvious to those that care to see it. The hole in American jobs is being filled by foreign investment that is buying up America at fire sale prices. The lack of a long term plan will ultimately see this nation owned by the savers of another nation that have long term plans.
The Chinese are an old civilization and as such they usually take a long range perspective on things. This long term outlook has allowed them to come ahead very fast in the past few decades. They have a goal in mind and a plan to get them there and it is working better than they expected. China has absorbed a major part of Americas manufacturing capability and the technology that has made us competitive in the world. They developed a business model that paved the way for a takeover of the American markets and a systematic de-jobbing of America began. America filled this earnings gap by borrowing from our new business partners.
America has now reached a point where a new plan is taking shape. China is now in the position to systematically take over the U.S. piece by piece. This type of thing can only be accomplished by a long term plan. Most Americans that have no concept of long term planning cannot comprehend the actions taking place and ignore the future consequences of these actions. They only see a savior that is coming to our rescue and will eventually provide them with jobs that will allow them to continue to live beyond their means a little longer. Those that are preppers and have the capacity to plan ahead can see the storm that is coming and no amount of information will convince those with short term thinking of the coming danger.
The lack of a long term plan and the shortsightedness of Americans has led us to a point of desperation as a nation. The lack of a long term perspective will lead to a loss of the standard of living most Americans are accustomed to and a loss of our freedoms as our economy collapses. Most will not realize it until they are staring at it down the barrel of a gun. That day is coming sooner rather than later and it will be a revelation of biblical proportions.
By: Tom Chatham
A number of years ago a friend of mine who did construction work in rural southwestern Va. related a story to me which offers a good lesson in economics for today.
While digging a foundation for a garage addition to a home the men dug up a broken jar containing a small cache of silver coins. From the amount of coinage the jar must have been full. They commented on the odd nature of the find and continued digging. A short time later they uncovered another jar, this time in tact. It was also full of coins. As they began digging again more jars appeared in the dirt.
By this time the men realized what they had discovered. One of the men went to the house and told the lady who was home at the time. She came out and upon seeing the men were not joking she told them to keep digging.
Now some information on where this occurred will be insightful. The home was built near an older home that had belonged to the owners father. His father did not trust banks as many from the depression era. His father had saved his money in coinage and sealed it in mason jars and buried it in the backyard. Apparently the old man died before telling his son about the money.
With the discovery of the jars the garage project was abandoned and the woman had them dig up the whole yard. In the end many dozens of jars filled with silver coinage were uncovered. It was a very fulfilling day for the home owners to say the least.
This story presents many lessons to be learned.
- silver coinage is a good way to save for the future
– keeping physical possession of the money is best
– you can store this type of money almost anywhere
– silver coinage is a good way to pass wealth to heirs
– leave information so if you die your family can find it
– bankers and politicians cannot steal what they cannot find
– real money is eternal
With the breakdown of our currency system coming in the near future, some type of savings program is important if you hope to come through it with your assets in tact. After a currency reset or complete breakdown, having even a small amount of real money to get you back on your feet financially will mean a great deal to you and your family. Getting real money to save is only half of the battle. The other part is being able to keep it safe until you need it.
By: Tom Chatham
It is becoming evident by new revelations coming out every day now that the U.S. is being systematically impoverished and sold off to insure its total destruction. The end game here is simple and will be effective.
Once the petrodollar is destroyed and we lose reserve currency status, the American people will suddenly find themselves broke and priced out of world markets for necessary goods. When this happens this country will be forced to utilize its gold and natural resources to finance a new economy.
The problem here lies in the fact that most or all of our gold has been long gone. It was stolen by the very people entrusted to guard it. When our dollar collapses, and the world returns to gold backed currencies, we will have nothing to back a new currency with. This will make a bad situation worse as far as Americans are concerned. With no gold we will have to use other means to create value in the world economy.
With the valuable mineral resources and farm and ranchlands that still exist in the U.S. we will still have resources to produce and sell products to get us back on our feet. This will be much like a person going broke and then selling their personal possessions to finance their recovery. This will be our last line of defense to enable national recovery.
The problem with this is that the forces aligned against the American people know this and are taking steps to prevent this possibility. American assets are being slowly sold off by the criminals in charge of our assets to insure we are totally impoverished as a nation to prevent us from maintaining a reasonable standard of living after a dollar collapse. This is the process by which America will be destroyed forever if these people have their way.
Our government is purposely destroying the dollar and indebting us to foreigners. At the same time they are selling off assets for pennies on the dollar to the nations that will subjugate us later. Chinese and Russian companies are buying large stakes in our mineral resources and land. When the collapse comes they will own us in a literal sense.
In all likelihood, when chaos ensues in the U.S. these countries will send their troops into the U.S. to protect their investments. These troops will likely come in wearing blue helmets under the guise of UN troops to protect Americans. They will subjugate and control America from coast to coast. Once that is done, they will strip mine this country like any other third word country. At this point that is exactly what we will be because we will no longer own any assets to rebuild our economy. Any infrastructure that still exists in the U.S will be owned and operated by foreign companies and they will charge whatever they want for their services.
Two of the things that will give Americans an edge in the coming years is the ownership of weapons and precious metals. One will protect your rights and the other will allow you to maintain a reasonable standard of living and possibly prosper. You will need the first to protect the second and that is the reason gun confiscation is necessary in the future. The people behind this do not want you to have any chance to recover or stop their ultimate plans.
The problem with guns and gold is that even though many Americans own one or more guns, they are mostly for home or personal defense. These people do not stock the necessary ammo supply to fight a war. The people with sufficient guns and ammo and precious metals are few in number. It is not enough to provide a means for the whole country to recover from crisis.
These foreign troops cannot show themselves in the light of day right now for fear of alerting Americans what is actually coming. The use of federal agents is the mechanism to take these resources from individuals by any means possible. That includes intimidation and physical peril if necessary. I hesitate to say it but someone must. These agents and politicians that are helping to destroy private property rights in America need to understand in a very strong way that if they continue to threaten American families, their family will be put in similar peril.
The recent actions in Nevada show that this agenda is well under way. Patriots need to take heed. This recent action was not only to take resources but to gauge resistance and abilities. When playing cards you do not want to show your opponent what you hold until everyone lays their cards on the table. The provocative actions by the government are a means to get patriots to tip their hand and give federals an edge when the time comes to lay all cards on the table. The federals need to know what they are up against above all so patriot groups need to hold back on a show of full abilities until the time comes.
The reds are coming and unless attitudes change in this country soon, all will likely be lost. Once American citizens are subjugated, there will be nothing to stop totalitarian rule in all countries. That is not to say Americans always get it right. It is only to say that we are the only heavily armed populace left in the world that is still capable of fighting for our freedoms. If you believe in God, now is a good time to ask for his protection. If you do not believe, it might be a good time to start.