What are Insiders Doing to Protect their Finances from a Collapsing Dollar?

[vilcabamba]

What do people think of the collapsing dollar? Anyone friends with insiders that are taking measures to protect themselves?

I know i've listened to Lindsey Williams recently. How do i know that the elite aren't giving him things to say to push us the wrong way.

Bottom line according to Lindsey and economists like John Williams of ShadowStats - currency will crash like in the Weimar Republic. People with savings will probably lose most of it.

Anyone know anything? I don't think we are at the stage yet were we don't need currency to live. So what are people doing?

People were recommending precious metals but the Elite are manipulating them, and may try to do what they did in the 1930's and make people turn them in.

I have spoken to new age type gurus and there advice is to let go and let everything dissolve. But for the life of me - i just can't seem to accept that ....that is the answer. As I know that trees, leaves and barks won't pay my electricity bills and living expenses.

Any comments, insider knowledge ..etc??

[Mike Gorman]

Hello Vilcabamba,
Indeed, the Chinese elites own most of the U.S.A debt, and the country is being plundered and gutted by the financial cabal-for what long-term purpose? It seems the move towards
a fearful world population, dependent on the minority power bloc, is a reality only the most myopic would say is not the case...but I do not think anyone authority or commentator owns the
full picture, or has the ultimate truth-we all have to observe, and respond as best we can. The fall of the Greenback has been predicted for a long time-it is based on the productive capacity of the country,
and that has been stripped, sold off and hocked to 'foreign' interests (Read: China, Arab Emirates, Russia)The Devil is in the details, and I do not have a powerful enough Magnifying glass to see them all.
I believe as far as purely practical steps to take, we should take a leaf out of the well thumbed book of "The Doomsday Preppers"-strive to become as self-sufficient as possible (this is why the Doomsday preppers
are being demonized in your country, along with the Vets and Patriots) Yes, invest in practical stuff like stores of Food, clothing, Water, have some hideaway where you can ride out the storm, or lead the life
you wish to-buy some LAND, build a home discreetly away from the ravening hordes, be quiet about it, don't go broadcasting your intentions, just go about doing it-And YES, get some Silver & Gold just as a
stash, if you can afford some Bullion I think it is a wise thing to have-maybe not for now, but later, the Coins are probably the best rather than Bars. Find a place you like, in a far away, but habitable area
and have your 'Little House on The Prairie' -Those are my current thoughts, the best of luck and good fortune to you!

[Fred Ryan]

I'm sorry you're feeling so much stress and anxiety over this issue. You're spending a lot of energy worrying over something that hasn't happened and isn't real. If you can't let it go please try and remember that national currencies collapse quite frequently and when it happens people survive, and even thrive.

Can I suggest that you consider not watching any of the mainstream news outlets or browsing conspiracy internet sites, including the present one. Most of these sites thrive on gloom, doom and chaos. They all, however, have a dismal record of predicting anything that actually happened.

Instead, enjoy the beautiful planet you get to live on! collapsing US$, CDN$, AUS$, €, £, ¥ and all.

[Mulder]

I'm having severe doubts about Gold and Silver being "the way out" of this. Their prices have been manipulated very well since the all-time high price for silver was hit on 18th January 1980 at $49.45/oz. The elites certainly know about gold and silver and I believe they'll do nefarious things like bankrupt every major mining company, buy up the mines and shut them down so it will be kept from the people.

I really don't think there is a way out for people on Unemployment or on low incomes. I think richer people with their own profitable businesses will be the ones who'll come out best.

[jiminii]

I'm having severe doubts about Gold and Silver being "the way out" of this. Their prices have been manipulated very well since the all-time high price for silver was hit on 18th January 1980 at $49.45/oz. The elites certainly know about gold and silver and I believe they'll do nefarious things like bankrupt every major mining company, buy up the mines and shut them down so it will be kept from the people.

I really don't think there is a way out for people on Unemployment or on low incomes. I think richer people with their own profitable businesses will be the ones who'll come out best.

the way out is to buy a small 15 foot by 15 foot piece of ground on top of the Hollywood mountains and dig a tunnel down and put in an elevator for your car ... then dig out tunnels all over the mountain up under peoples gardens and apple and pear trees .. so you can get your own groceries without leaving the mountain ,,. tap onto the main power lines for all the electricity ... and make a 1000 room hotel for all your friends who have no place to live

jim

PS just kidding

[TelosianEmbrace]

I like to think that I have spent years accumulating the sort of inner wealth that money of any sort simply can't buy. This is the currency of the future.

[Bubu]

As I know that trees, leaves and barks won't pay my electricity bills and living expenses.

I am looking forward to a future without money because money equals control system.

Nothing is to be gained by worrying. Once people learn how to live without money they will never want to go back to monetary system again. In a way I like what is to unfold as this will force people back to land and hopefully break away from the control system. My plan is to encourage as many people to join me off grid. An off grid community is the most logical way to go. More fun and a good chance of depending against rouge group ala Rick Grimes. However any peace loving citizen will be most welcome in the community provided they do their part.

[Bill Ryan]

Any comments, insider knowledge ..etc??

The insider ('guerilla') economist 'V', interviewed by Doug Hagmann earlier this year, was asked the same question.

He said that wealthy people in the US who are well-aware of the current precipitous situation (which 'V' stated was irreversible) are using their assets to buy:


Precious metals
Farmable land
Practical tools, equipment, spare parts, and resources.

In a subsequent program, more recently, he strongly recommended that anyone who was in a position to do so (i.e. had contacts, visas/residency, bank accounts in place, etc) should relocate out of the US to another country.

He stresses frequently -- almost at every opportunity! -- that people must get their wealth out of paper or digital forms, which can literally disappear overnight. 'V' is expecting an event like this to happen, and states that it is the Japanese economy that will set off the global financial tsunami that will start the crisis. The only thing he says he does not know is when this will happen, but he urges everyone to watch Japan.

[sigma6]

Well said Bill, insiders started preparing for this over 10 years ago, when the first signals were given.
The rest of us laggards are going to be caught with our pants down.
I'd kill to have an energy efficient green house operation, or Earth Ship Style Home off grid, for when the inevitable SHTF.
Still working on it... come on lucky sevens!

[T Smith]

I'm sorry you're feeling so much stress and anxiety over this issue. You're spending a lot of energy worrying over something that hasn't happened and isn't real. If you can't let it go please try and remember that national currencies collapse quite frequently and when it happens people survive, and even thrive.

Can I suggest that you consider not watching any of the mainstream news outlets or browsing conspiracy internet sites, including the present one. Most of these sites thrive on gloom, doom and chaos. They all, however, have a dismal record of predicting anything that actually happened.

Instead, enjoy the beautiful planet you get to live on! collapsing US$, CDN$, AUS$, €, £, ¥ and all.

Translation:

Move along, move along. There's nothing to see here....

[T Smith]

As I know that trees, leaves and barks won't pay my electricity bills and living expenses.

I am looking forward to a future without money because money equals control system.



To throw in my two cents here... fiat money equals control system. Money, by itself, however, is just a means of exchange and is not evil. An honest monetary system that facilitates exchange is a good thing and not something we should eschew simply because we confuse our understanding of "money" with our experience of "fiat money".

[Ron Mauer Sr]

He [insider ('guerilla') economist 'V'] said that wealthy people in the US who are well-aware of the current precipitous situation (which 'V' stated was irreversible) are using their assets to buy:



Precious metals
Farmable land
Practical tools, equipment, spare parts, and resources.




Precious metals, if there is money left over, are a good way to protect wealth *after* prepping with other items on the list.

During times of scarcity and chaos, farmable land, practical tools, equipment, spare parts and resources would be far more important than non-edible precious metals.

While food is not readily available and supply lines are disrupted, precious metals may not be worth much. Owning/bartering with precious metals may be made illegal by desperate governments in their death throes.

After the current system has completed its collapse and is replaced with whatever comes next, after food becomes readily available, then precious metals should be worth much.

Now is the time for gathering containers for growing vegetables (http://ronmauer.net/blog/?page_id=2757), building raised beds (http://ronmauer.net/blog/?page_id=176), and gathering a fertile soil mix (http://www.mysquarefootgarden.net/mels-mix/) without commercial fertilizer. Simple tools are all that is needed.

Prepare the garden containers/beds even if there are no plans for growing vegetables this season. Grow a green manure (https://en.wikipedia.org/wiki/Green_manure) that can be turned under with simple tools. It makes sense to be ready for the next planting season.

[T Smith]

Any comments, insider knowledge ..etc??

The insider ('guerilla') economist 'V', interviewed by Doug Hagmann earlier this year, was asked the same question.

He said that wealthy people in the US who are well-aware of the current precipitous situation (which 'V' stated was irreversible) are using their assets to buy:


Precious metals
Farmable land
Practical tools, equipment, spare parts, and resources.

In a subsequent program, more recently, he strongly recommended that anyone who was in a position to do so (i.e. had contacts, visas/residency, bank accounts in place, etc) should relocate out of the US to another country.

He stresses frequently -- almost at every opportunity! -- that people must get their wealth out of paper or digital forms, which can literally disappear overnight. 'V' is expecting an event like this to happen, and states that it is the Japanese economy that will set off the global financial tsunami that will start the crisis. The only thing he says he does not know is when this will happen, but he urges everyone to watch Japan.

I echo all these suggestions... and if you have any appetite for risk, I would invest a small percentage in crypto-currencies, e.g Bitcoin, Litecoin, etc., which may just be the means of exchange of the future when the present system collapses.

[Another1]

~ for people on limited income who are trying to prep I suggest investing a little bit in things you can barter ... this fiat currency will be worthless in a crash but I know what a man will pay for a cigarette 2-3 days into a cold turkey situation - simply tossing a carton of generic cigarettes into your survival gear could pay off in a worse case scenario as hard currency to buy food.

The 'no worries at all' concept 'feels' unwise to me ... even some critters will make a stockpile of foodstuffs to hold them through a hard winter. To live in a constant fear state isn't good of course and simply feeds the monster but we can treat this like any other potential storm, listen to the warnings, make preparations as possible and go on with our lives, hoping it doesn't hit.

[mischief]

Can I suggest collecting books on how to do things in traditional (manual) methods?
I have noticed that peoples knowledge base is usually very small.

Most people I see talking about preparing for times of hardship seem to be concentrating on clearing debt, which is good and what to acquire but somehow knowledge gets missed.

There are online bookstores that deal in secondhand books with free shipping, even internationally and I have found the prices are usually quite affordable.

I started downsizing before I had even heard about economic collapse after I realised that my life expectancy in my main job was limited to perhaps another 6 years.
I dont hold myself up to being an expert on this at all, but I did discover some shocking home truths.

1.You cannot just go out buy seeds and immediately grow all your own food with or without a supply for winter, thats just not going to happen.

There are alot of mistakes that can be made in n effort to safe your own seeds for future crops, so I reccommend the book 'seed to seed' to help combat this.
Two examples:
I had to go buy more beet seed after my 'mother' plants happily cross with the swiss chard-tasted just nasty.
I discovered that sweet corn seed is Not viable after 3 years.

Very few of us are capable gardeners, somewhere I read it takes 10 years to be a pro.
I used to grow a summer veg garden years earlier but let it lapse, I thought it would be easy to just jump in again and start growing for year round-nope.

2.Modern houses are equipped for modern life and seriously deficient in coping with a more basic lifestyle.
No proper produce storage areas, some are so-so but not ideal.


3.Potable water and an efficient waste system would be a must in order to maintain health...so we are now getting a water tank and looking at alternative methods of dealing with black and grey water.
We tend to think disease caused by bad hygiene is just a 3rd world situation...time to rethink this one.

4.If you make sudden changes to your diet, you are Not going to feel very well.
example:
The first wholemeal bread I made Was absolutely perfect and tasted great.
It also gummed us up so bad we needed laxatives.
I've since been told that one should slowly add whole wheat flour to white flour til your system is used to it.
Same sort of thing with beans....

5.For our little library,I went through what we expected to do and listed out what we didnt actually know, which was more than I thought.
I'm pretty well read, I do think I know quite abit, But again, I was alittle emabarrassed at how deficient my knowledge in basic skills really was.

[Ron Mauer Sr]

Can I suggest collecting books on how to do things in traditional (manual) methods?
I have noticed that peoples knowledge base is usually very small.

Most people I see talking about preparing for times of hardship seem to be concentrating on clearing debt, which is good and what to acquire but somehow knowledge gets missed.

There are online bookstores that deal in secondhand books with free shipping, even internationally and I have found the prices are usually quite affordable.

I started downsizing before I had even heard about economic collapse after I realised that my life expectancy in my main job was limited to perhaps another 6 years.
I dont hold myself up to being an expert on this at all, but I did discover some shocking home truths.

1.You cannot just go out buy seeds and immediately grow all your own food with or without a supply for winter, thats just not going to happen.

There are alot of mistakes that can be made in n effort to safe your own seeds for future crops, so I reccommend the book 'seed to seed' to help combat this.
Two examples:
I had to go buy more beet seed after my 'mother' plants happily cross with the swiss chard-tasted just nasty.
I discovered that sweet corn seed is Not viable after 3 years.

Very few of us are capable gardeners, somewhere I read it takes 10 years to be a pro.
I used to grow a summer veg garden years earlier but let it lapse, I thought it would be easy to just jump in again and start growing for year round-nope.

2.Modern houses are equipped for modern life and seriously deficient in coping with a more basic lifestyle.
No proper produce storage areas, some are so-so but not ideal.


3.Potable water and an efficient waste system would be a must in order to maintain health...so we are now getting a water tank and looking at alternative methods of dealing with black and grey water.
We tend to think disease caused by bad hygiene is just a 3rd world situation...time to rethink this one.

4.If you make sudden changes to your diet, you are Not going to feel very well.
example:
The first wholemeal bread I made Was absolutely perfect and tasted great.
It also gummed us up so bad we needed laxatives.
I've since been told that one should slowly add whole wheat flour to white flour til your system is used to it.
Same sort of thing with beans....

5.For our little library,I went through what we expected to do and listed out what we didnt actually know, which was more than I thought.
I'm pretty well read, I do think I know quite abit, But again, I was alittle emabarrassed at how deficient my knowledge in basic skills really was.

I should learn how to live as poor Mexicans live. They have skills that I do not have.

[conk]

All of the alternative newsletters I read say to have a stock of food and water, then obtain metals, land, and tools. Just as Bill stated above.

[Another1]

4.If you make sudden changes to your diet, you are Not going to feel very well.

you list some good points mischief - it was a sci-fi show no less that drove one point home for me ... imagine waking up tomorrow morning knowing you'll never have another cup of coffee? - the body and mind will both freak within about 48 hours for some of us out here ... people un-prepared will be going through withdrawl from simple things like sugar, caffiene and of course smokers will have to deal with nicotine withdrawl ...

I've used this as a win-win thing to improve my health ... even if a worse case scenario doesn't happen in my lifetime, weaning away from these chemicals is still a good thing :)

[Mad Hatter]

The best bit of advice I've come across regarding all this is to make sure, if you have prepped, not to stand out from the crowd like a sore thumb. ie don't travel around looking freshly washed and well fed as it may attract some unwelcome attention... same thing goes for cooking up a storm on the bbq in a high density living zone full of starving people!!

Of course if you are a trader type and you know which of the major players to watch for signals you may well be able to short your way to a small fortune but you still have the problem of converting paper to practicalities... sanitary napkins may have better barter value than scrip.

The really interesting thing, post collapse, will be the exposure of the true nature of the individuals that surround us. Having told everyone you know to prep and having done your own what will you say to those you told who turn up at your door begging?? I hope it does not come to this as telling one of your best friends to f off may well be necessary but will obviously not be easy.

IIRC one of the first books I read on this stuff stated boldly that to keep a family of four entirely self sufficient off grid will pan out to roughly twenty acres (think firewood, water collection etc. not just food) and a lot of ongoing full time bloody hard work for all involved.

It might pay to read any non fiction book about living in the great depression era for insights into the highs and lows that can be expected and lastly a copy of this may prove invaluable...

http://www.exclassics.com/beeton/beetpdf1.pdf

PS don't forget to print off from your computer useful stuff while you can. (snakebite info on a dead laptop is not very helpful !!)

PPS Moving right along.. you could of course, like many do, take the path of convincing yourself this is 'MY' reality so it is not happening. I believe the Tell-lie-vision should help enormously with that.

[Another1]

PS don't forget to print off from your computer useful stuff while you can. (snakebite info on a dead laptop is not very helpful !!)

That's funny but I bet there will be many with laptops full of info who never thought of the battery life ... and if they use the EMP thingie, all computer data is toast also ...

One thing that is curious to balance here for me is the knowing of how 'they' (whoever the hell they are) have kept a large segment of America on the edge of their seat, since at least 1981 in my reality, expecting the fall, any minute now, it's coming ... 2 weeks tops, it's all falling down ... you're a fool not to believe me ... and on and on ... in essense, they could keep this game going forever

prepping for emergencies was molded into me as part of life ... as a child we always had at least an acre of garden and enough food in basement to live through a week-long blizzard or ... NWO or not, I'll always have a bug out bag and basic survival gear

as for books? if you have a military surplus place or access to eBay, look for the manuals they provide to US soldiers ... they use simple words, good pictures, come on paper that resists tearing and weather ... teach everything from local plants to eat, first aid, and lots of good-ole fashion red-neck engineering

[vilcabamba]

I'm sorry you're feeling so much stress and anxiety over this issue. You're spending a lot of energy worrying over something that hasn't happened and isn't real. If you can't let it go please try and remember that national currencies collapse quite frequently and when it happens people survive, and even thrive.

Can I suggest that you consider not watching any of the mainstream news outlets or browsing conspiracy internet sites, including the present one. Most of these sites thrive on gloom, doom and chaos. They all, however, have a dismal record of predicting anything that actually happened.

Instead, enjoy the beautiful planet you get to live on! collapsing US$, CDN$, AUS$, €, £, ¥ and all.

sounds like the words of a cointel pro agent. Telling me that I shouldn't listen to conspiracy sites. What are you doing here then? You should move along and go back to making $5 an hour working for the elite who will throw you to the sharks after they are done with you.

¤=[Post Update]=¤



I'm having severe doubts about Gold and Silver being "the way out" of this. Their prices have been manipulated very well since the all-time high price for silver was hit on 18th January 1980 at $49.45/oz. The elites certainly know about gold and silver and I believe they'll do nefarious things like bankrupt every major mining company, buy up the mines and shut them down so it will be kept from the people.

I really don't think there is a way out for people on Unemployment or on low incomes. I think richer people with their own profitable businesses will be the ones who'll come out best.

the way out is to buy a small 15 foot by 15 foot piece of ground on top of the Hollywood mountains and dig a tunnel down and put in an elevator for your car ... then dig out tunnels all over the mountain up under peoples gardens and apple and pear trees .. so you can get your own groceries without leaving the mountain ,,. tap onto the main power lines for all the electricity ... and make a 1000 room hotel for all your friends who have no place to live

jim

PS just kidding

maybe you should not provide answers if you don't have anything important to say. If you are going to make a mockery of a serious situation, then don't provide you input - as they are not appreciated.

[Tesseract]

If I was an insider (and I'm not), I would be shorting the Euro (and I am).

[ThePythonicCow]

Stuff I can hold in my hand, walk on, or shelter under; the health to continue working as need be (without requiring conventional "Western medicine"); and the flexible awareness to adapt.

As for pure monetary wealth storage, I'd suggest precious metals and the Swiss franc, but that's all risky. Better to focus on my first response above.

Avoid any non-trivial debt or tax liabilities, as they can be the means used to take property from you.

[vilcabamba]

thanks to everyone who gave their honest opinions. I appreciate it.

[Carmody]

A complete collapse can't last more than a few months, at best. the peak of it, a month or more.

It would be impossible to do so, in the west, especially like the USA, with it's wide technology base.

If a collapse comes, watch for the annexation of Canada, due to resource requirements.

The trick, I think, that they are trying to pull right now, is to prevent any part of an unpredictable and uncontrollable revolution from occurring at the same time.

They know the end point, they know the trough (bottom, worst moments), and they know the lead in to the re-boot, as they created the act and the process -what it took to set the stage.

Right now, the trick is to remove the weaponry and the ammunition.

Many people are wise to this, and will not accept the same yoke as before. A new yoke that is more choking than that of now.

Now that you, as a people (western-American), are off any of the old methods of communication to a degree that is unheard of, and no skills in those areas exist anymore, then the shock of being incommunicado on all fronts... will be quite potent. Many kids under 25 or so, will probably flip out for at least a few days, not having the slightest inkling of what to do. Never read a book via candlelight before.

We could go on for days, describing it. Suffice it to say, it will be a few lean months, with city cores being especially dangerous.

I'd prefer to not have it happen, and oddly enough, IMO, it is the threat of revolution that keeps it at bay. Until that puzzle and potential is solved by the elites as best as is possible, there will probably be no collapse.

In other words, as long as a revolution has potential to be a wild card, they will not allow a collapse.

[norman]

If I was an insider (and I'm not), I would be shorting the Euro (and I am).

Who are you shorting it with?

who's going to pay up ?