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Venezuela

by Chris Martenson

The War on Cash is now spreading to gold.  The Powers That Be want to assure that you have no escape hatches, no means of avoiding the financial and economic pain they are about to visit upon you and yours.

They hate gold because it represents a vote against them every time someone chooses gold over their own poorly-managed fiat currency.  They hate cash to the extent that real cash (i.e., physical banknotes) held outside of the banking system might allow you to avoid having your savings stolen during an overnight application of new banking rules (e..g, a bail-in) that would transfer your wealth into whatever financial hole your idiot bank executives had managed to dig for themselves.

These ridiculous moves tell me that we're nearing the end-stage of this long-running farce.  Too many years of stimulating borrowing above and beyond any reasonable expectation of ever paying those debts back have now driven the system to a terminal stage.

The War On Gold Intensifies
PREVIEW by Chris Martenson

The War on Cash is now spreading to gold.  The Powers That Be want to assure that you have no escape hatches, no means of avoiding the financial and economic pain they are about to visit upon you and yours.

They hate gold because it represents a vote against them every time someone chooses gold over their own poorly-managed fiat currency.  They hate cash to the extent that real cash (i.e., physical banknotes) held outside of the banking system might allow you to avoid having your savings stolen during an overnight application of new banking rules (e..g, a bail-in) that would transfer your wealth into whatever financial hole your idiot bank executives had managed to dig for themselves.

These ridiculous moves tell me that we're nearing the end-stage of this long-running farce.  Too many years of stimulating borrowing above and beyond any reasonable expectation of ever paying those debts back have now driven the system to a terminal stage.

by Adam Taggart

As we write about the risks of our over-indebted economy, of our unsustainable fossil fuel-dependent energy policies, and our accelerating depletion of key resources, it's not a far leap to start worrying about the potential for a coming degradation of our modern lifestyle — or even the possibility of full-blown societal collapse.

Sadly, collapse is not just a theoretical worry for a growing number of people around the world. They're living within it right now.

This week, we catch up with Fernando "FerFAL" Aguirre, who began blogging during the hyperinflationary destruction of Argentina’s economy in 2001 and has since dedicated his professional career to educating the public about his experiences and observations of its lingering aftermath. Given his first-hand experience with living through, and eventually escaping, economic collapse in South America, we asked him to offer his insider's perspective on the current crisis in Venezuela, as well as the devolving situation in Brazil.

FerFAL: Understanding Societal Collapse
by Adam Taggart

As we write about the risks of our over-indebted economy, of our unsustainable fossil fuel-dependent energy policies, and our accelerating depletion of key resources, it's not a far leap to start worrying about the potential for a coming degradation of our modern lifestyle — or even the possibility of full-blown societal collapse.

Sadly, collapse is not just a theoretical worry for a growing number of people around the world. They're living within it right now.

This week, we catch up with Fernando "FerFAL" Aguirre, who began blogging during the hyperinflationary destruction of Argentina’s economy in 2001 and has since dedicated his professional career to educating the public about his experiences and observations of its lingering aftermath. Given his first-hand experience with living through, and eventually escaping, economic collapse in South America, we asked him to offer his insider's perspective on the current crisis in Venezuela, as well as the devolving situation in Brazil.

by Chris Martenson

Executive Summary

  • What Fort McMurray is teaching us about situational awareness
  • The wisdom of planning, testing & executing your plans in advance of crisis
  • Preparing in case your entire country starts failing
  • The value of emotional preparedness

If you have not yet read Chaos And Volatility On The Rise, available free to all readers, please click here to read it first.

Okay, so what can any of us do to really prepare ourselves for volatility and the sorts of uncertainty that the world is presenting to us?

Quite a lot actually.

In the case of financial market volatility, the easiest thing to do is to simply not play the game. Keep money in cash and just stay away from the rigged casinos until such a time as attractive valuations return and/or the playing field is leveled.

If you remain in the markets, for heaven’s sake hedge! If you click on the link to the left there, you’ll go to an article written by Adam Taggart that describes the basics of portfolio hedging.

Our recommended financial advisors use very proactive hedging strategies to limit downside volatility and minimize the sorts of punishing losses that can result from bear markets.

I am personally sitting in cash, gold, silver, real estate, a local investment, and a small short position on the S&P 500. That is, I am mainly on the sidelines as I await the inevitable correction that our feckless ‘leaders’ have engineered for us all.

Other people prefer to be more actively invested in the stock and bond markets, which I completely understand. I still would caution those individuals to be ready to…

How To Prepare For Volatility
PREVIEW by Chris Martenson

Executive Summary

  • What Fort McMurray is teaching us about situational awareness
  • The wisdom of planning, testing & executing your plans in advance of crisis
  • Preparing in case your entire country starts failing
  • The value of emotional preparedness

If you have not yet read Chaos And Volatility On The Rise, available free to all readers, please click here to read it first.

Okay, so what can any of us do to really prepare ourselves for volatility and the sorts of uncertainty that the world is presenting to us?

Quite a lot actually.

In the case of financial market volatility, the easiest thing to do is to simply not play the game. Keep money in cash and just stay away from the rigged casinos until such a time as attractive valuations return and/or the playing field is leveled.

If you remain in the markets, for heaven’s sake hedge! If you click on the link to the left there, you’ll go to an article written by Adam Taggart that describes the basics of portfolio hedging.

Our recommended financial advisors use very proactive hedging strategies to limit downside volatility and minimize the sorts of punishing losses that can result from bear markets.

I am personally sitting in cash, gold, silver, real estate, a local investment, and a small short position on the S&P 500. That is, I am mainly on the sidelines as I await the inevitable correction that our feckless ‘leaders’ have engineered for us all.

Other people prefer to be more actively invested in the stock and bond markets, which I completely understand. I still would caution those individuals to be ready to…

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