Quote For The Week

“If it were to be asked, What is the most sacred duty and the greatest source of security in a Republic? the answer would be, An inviolable respect for the Constitution and Laws- the first growing out of the last. It is by this, in a great degree, that the rich and powerful are to be restrained from enterprises against the common liberty- operated upon by the influence of a general sentiment, by their interest in the principle, and by the obstacles which the habit it produces erects against innovation and encroachment. It is by this, in a still greater degree, that caballers, intriguers, and demagogues are prevented from climbing on the shoulders of faction to the tempting seats of usurpation and tyranny.

Were it not that it might require too lengthy a discussion, it would not be difficult to demonstrate, that a large and well organized Republic can scarcely lose its liberty from any other cause than that of anarchy, to which a contempt of the laws is the high road.

But, without entering into so wide a field, it is sufficient to present to your view a more simple and a more obvious truth, which is this- that a sacred respect for the constitutional law is the vital principle, the sustaining energy of a free government.”

-Alexander Hamilton (American statesman and Founding Father. 1755 or 1757-1804), in “Tully No. III,” August 28, 1794

By Christopher E. Hill
Survival And Prosperity (

Tags: , , , , , ,

Monday, October 17th, 2016 Government, Legal, Quote For The Week No Comments

Marc Faber Suggests Gold Should Make Up 25 Percent Of Portfolio

Earlier this month, I blogged about how Swiss-born investment advisor/money manager Marc Faber informed CNBC TV viewers he holds physical gold stored in safe deposit boxes.

Last Thursday, the publisher of the monthly investment newsletter The Gloom Boom & Doom Report talked more about the shiny yellow metal at a CFA Institute seminar in Chicago. Gail MarksJarvis reported on the Chicago Tribune website on July 22:

Faber told the investment professionals gathered in Chicago that they shouldn’t be prejudiced against gold. Although the typical investment pro keeps less than 1 percent of his or her portfolio in gold, Faber suggests 25 percent. He sees it as protection from a dangerous combination of tremendous government debt and massive bond-buying by central banks globally trying to fight off recession with near-zero interest rates…

(Editor’s note: Bold added for emphasis)

MarksJarvis also noted that “Doctor Doom,” as he’s often referred to by the financial news media, thinks there may be value in precious metals mining stocks.

This shouldn’t come as a surprise to regular Survival And Prosperity readers. I blogged back on May 24 about Faber’s statement the prior week to a CNBC TV audience that gold shares are one of “the most attractive assets in my view”- the others being oil and gas stocks.

By Christopher E. Hill
Survival And Prosperity (

(Editor’s notes: Info added to “Crash Prophets” page; a qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)


MarksJarvis, Gail. “‘Gloom, Boom & Doom’ economist pushes for gold.” Chicago Tribune. 22 July 2016. ( 26 July 2016.

Tags: , , , , , , , , , ,

Chicago Police Department Manpower Shortage Latest

“Chicago readers take note: The ‘thin blue line’ that exists in the Windy City will likely remain that way for the foreseeable future. Carry on accordingly.”

Survival And Prosperity, October 3, 2011

With the help of the popular Chicago police blog Second City Cop, I became aware several years ago of the manpower shortage going on in the Chicago Police Department.

Subsequently, I started blogging about the situation from time to time.

As shootings in the city march past 2,300 for the year, attention is being drawn to Chicago’s “cop shortage” again. Fran Spielman reported on the Chicago Sun-Times website on July 20:

After three shootings this week in a gang-ridden South Side ward that includes Englewood and Back of the Yards, Ald. Ray Lopez (15th) is demanding that Emanuel finally make good on his 2011 campaign promise to hire 1,000 additional police officers.

In the meantime, Lopez wants Chicago Police officers now working in pairs for their own safety to get reinforcements from the Illinois National Guard, the Illinois State Police, the Cook County Sheriff’s office or all of the above

(Editor’s note: Bold added for emphasis)

No DHS or other federal agencies?

On the subject of paying for more police, Alderman Lopez brought up taxes. Spielman added:

When Lopez was asked where he would find the money to hire 1,000 more police officers, he offered to raise property taxes- again.

That’s on top of the $588 million property tax increase approved last fall for police and fire pensions and school construction and the $250 million increase the Board of Education is about to approve for teacher pensions…

Remember what I’ve been saying for years now about new/higher fees, fines, and taxes for Chicagoans?

With news yesterday that the Fraternal Order of Police is urging its members to turn down all requests for “non-mandatory overtime” over the fast-approaching Labor Day weekend, Second City Cop blogged:

It is most certainly is a message to the administration- “Hire more cops!” seems to be what we’re reading. And that’s a perfectly appropriate message to be sending to the city- the Department is badly understaffed

(Editor’s note: Bold added for emphasis)

It will be interesting to see how this all plays out.

By Christopher E. Hill
Survival And Prosperity (


Spielman, Fran. “Shooting of 6-year-old girl revives demand for 1,000 more cops.” Chicago Sun-Times. 20 July 2016. ( 26 July 2016.

SCC. “OT Boycott Gets Media Coverage.” Second City Cop. 26 July 2016. ( 26 July 2016.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Quote For The Week

“You have to take that sort of moderate, ‘We just want to have common sense legislation so our children are safe!’ You say shit like that, and then people will buy into it.”

-Mary Bayer, DNC a former Democratic delegate and a volunteer organizer for Hillary Clinton’s presidential campaign (per Daily Caller website), discussing “how the Democratic Party and Hillary Clinton hide the fact that they want to ban all guns” (per Project Veritas Action video description)

“Clinton Delegate Explains How Democrats Will Ban All Guns”
YouTube Video

By Christopher E. Hill
Survival And Prosperity (

Tags: , , , , , , , ,

Message For Chicago, Cook County, And Illinois Readers

Readers of Survival And Prosperity might get the wrong impression that I’m rooting for Chicago, Cook County, and Illinois to “fail” based on my routine blogging about their financial, crime, and political woes.

Actually, I do this because I care deeply about the region and its residents.

It’s been my experience that Chicagoans and Illinoisans are pretty decent people overall. I’ve found many of them to be down-to-earth and quick to lend a helping hand to neighbors and strangers alike.

It’s my personal opinion that these woes (interconnected in my mind) I speak of will only intensify in the coming years. The trend is not our friend here, and if anything, since many of the people who helped bring about this mess are still in charge, is it reasonable to expect they’ll be the ones to fix it?

In the meantime, I predict many Illinoisans will be subject to varying degrees of financial and physical pain while this debacle plays out.

As this is a plausible scenario, have local readers of Survival And Prosperity contemplated what’s at stake should conditions keep deteriorating? What would be your personal exposure if events play out the way I expect them to? Financial vulnerabilities? Personal safety shortcomings? Individual circumstances will undoubtedly vary.

Are the wheels turning in your head?

Good. That’s what I’m trying to accomplish with such posts.

The intent is not to scare. Rather, it’s rooted in care.

It’s my hope that informing Chicago, Cook County, and Illinois residents of the precarious situation at hand and providing food for thought might aid successful navigation through what will likely be unfamiliar territory for most.

Wishing everyone all the best with that,

Christopher E. Hill

Tags: , , , , ,

Former CIA Deputy Director Warns After Nice: ‘I Think It’s Just A Matter Of Time Before We See Attacks Of This Size Here In The United States’

Here’s a worrisome prediction from a former top “spook” about future terror attacks carried out by Muslim extremists. Former CIA deputy director and current CBS News senior security contributor Michael Morell warned viewers on CBS This Morning Friday:

I think things are going to get worse before they get better. As we put more pressure on them in Iraq and Syria, they are going to have a greater incentive to conduct attacks, to inspire attacks because they want to show they’re still relevant. And as we are more successful in Iraq and Syria, all of those thousands and thousands of fighters who went there are going to start coming home. And so you’re going to see more attacks by people who went there, were trained, have military experience, come back home, conduct very serious attacks

I think it’s just a matter of time before we see attacks of this size here in the United States. I have no doubt about that. We’re going to have to adjust to their tactics. The use of a vehicle as a weapon is something that terrorists have talked about for a long time. DHS, FBI put out a report in 2010 warning of this. They’re starting to use it. That’s very difficult to defend against. So, we’re going to have to look at their tactics and respond. We’re going to have to start putting concrete barriers between the flow of vehicles and groups of people.

(Editor’s note: Bold added for emphasis)

CBS News Video

By Christopher E. Hill
Survival And Prosperity (

Tags: , , , , , , , , , , , , , , , , , ,

Illinois Comptroller: State’s Unpaid Bill Backlog To Exceed $10 Billion By Year End

I’ve been following the State of Illinois’ unpaid bill backlog for some time now, and what State Comptroller Leslie Geissler Munger shared yesterday should be of serious concern to Illinoisans. From her website:

CHICAGO- Comptroller Leslie Geissler Munger on Thursday said the state’s bill backlog will grow throughout the fall and Illinois will enter the New Year with approximately $10 billion in unpaid invoices, resulting in payment delays of at least six months.

The announcement follows last month’s passage of a stopgap budget, which authorized payments that were being delayed due to the state’s year-long budget impasse.

“While the stopgap is a positive step forward, it does not address our larger fiscal challenges. When we look at the numbers we are facing, the realities are sobering,” said Munger, noting the state is on pace to spend $2.5 billion more than it takes in the next six months. “Those severe cash shortages mean my office will continue to perform triage to help those most in need and protect our most critical services.”

“The realities are sobering”


And I’m certain they will eventually result in- wait for it- higher/new fees, fines, and taxes in conjunction with reduced government services for Illinois residents.

There’s the real possibility of a big tax increase coming soon for Illinoisans. Consider the following from investment specialist and Illinois State Representative David McSweeney (R-Barrington Hills) on the website of the non-partisan, independent Reboot Illinois project on July 11:

The recent passage of a six-month unbalanced spending measure will worsen Illinois’ financial problems and likely lead to a massive tax increase.

The approval of a stopgap measure is nothing more than a continuation of the status quo that has made Illinois insolvent. The stopgap bill is a spending plan, not a real balanced budget. Consider this: About 91 percent of state government spending was on autopilot during the budget stalemate. The state has been spending money at levels that are higher than authorized during Gov. Pat Quinn’s administration. Spending continues to be out of control

With the adoption of the stopgap measure, we are ensuring the state’s financial problems will not be addressed anytime soon. Ultimately, we are guaranteeing that the state’s financial health will get much worse, which will make it easier for a tax increase to build momentum in Springfield

(Editor’s note: Bold added for emphasis)

You can read that entire news release from the Illinois Comptroller on her website here.

By Christopher E. Hill
Survival And Prosperity (


McSweeney, David. “Stopgap Budget Will Likely Result In A Massive Tax Hike.” 11 July 2016. ( 15 July 2016.

Tags: , , , , , , , , , , , , ,

City Of Chicago’s Total Unfunded Liabilities Grew To Nearly $24 Billion In 2015

It’s been a while since I last blogged about the Illinois Policy Institute, a Chicago-based non-partisan research organization “generating public policy solutions aimed at promoting personal freedom and prosperity in Illinois.” Yet earlier this week, Ted Dabrowski and John Klingner published a sobering piece on the Institute’s website about Chicago’s mounting financial woes that just needs to be disseminated. From their article:

Chicago property owners concerned about their future property-tax bills have had plenty to worry about over the past year- but a new report on the city’s crumbling finances has all but ensured that property-tax hikes will continue to be a painful reality for local homeowners.

The city already passed a $700 million hike in October 2015 to help plug the hole in police and firefighter pensions, and the city is expected to raise property taxes by another $250 million to fund ailing Chicago Public Schools, or CPS, pensions. And with billions more in other health care and pension shortfalls still unfunded, more hikes are on the way.

But the newest debt numbers in the city’s 2015 Comprehensive Annual Financial Report, or CAFR, show that without massive pension reforms, the city’s tax hikes are just beginning. The report found that the total city debt Chicagoans are on the hook for has more than tripled since 2014.

Chicago’s total unfunded liabilities have jumped by over $17 billion, growing to nearly $24 billion in 2015 from $6.5 billion in 2014. The increase is mostly due to new accounting standards and the fact that in March the Illinois Supreme Court struck down the city’s recent attempt to reform its broken municipal-workers and laborers pension funds.

Add to that their share of sister-government and Cook County pension and health care costs and long-term debt, and Chicagoans are on the hook for over $65 billion

(Editor’s note: Bold added for emphasis)

Disturbing stuff. But that’s reality for you.

You know, last week I read an “interesting” anonymous comment on the popular Chicago police blog Second City Cop. From the July 7 post entitled “And There it is….”:

Millennials as they are called are falling over themselves to move here. Look at Ukrainian village, Buck town south loop West loop, Lincoln Park. The city is becoming gentrified. Major companies are moving their headquarters here. City is on the upswing like it or not.

“City is on the upswing like it or not.”

Never mind its financial cancer that’s bound to metastasize in due time…

By Christopher E. Hill
Survival And Prosperity (


Dabrowski, Ted and Klingner, John. “Chicago’s Total Debt More Than Triples To Over $24B In 2015.” Illinois Policy Institute. 11 July 2016. ( 14 July 2016.

SCC. “And There it is…” Second City Cop. 7 July 2016. ( 14 July 2016.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Chicago Targeted Friday By Anonymous ‘Day Of Rage’ Protest?

Earlier this week I read Internet chatter about the “hacktivist” group Anonymous coordinating national “Day of Rage” protests for Friday, July 15, in response to recent police-involved shootings.

Suspecting there would probably be some event planned for Chicago if this was “legit,” I did some digging and observed that protesters are supposedly to meet at the Richard J. Daley Center (50 W. Washington St.) in the Loop at 6 PM tomorrow to kick off their “festivities.”

The thing is, these “Day of Rage” protests might not even be real.

Jason Howerton reported over on earlier today:

Rumors that Anonymous, the infamous so-called “hacktivist” group, is planning a national “Day of Rage” on Friday to protest recent police-involved shootings of black men in Louisiana and Minnesota are nearly identical to a false rumor that circulated in 2014

Snopes reported the “Day of Rage” rumor is “virtually identical to one that was circulated two years earlier after the shooting of teenager Mike Brown in Ferguson, Missouri.”

In 2014, one of the group’s affiliated accounts denied the “Day of Rage” plans…

On Wednesday, a different Anonymous account dismissed the rumor once again

Further, the same list of supposed times and locations for so-called protests in 2016 was also released in 2014…

(Editor’s note: Bold added for emphasis)

All of this is starting to sound like one gigantic hoax. But should enough aspiring “Ragers” gather at one/a number of sites, who knows what might transpire in the “Windy City” and other cities Friday.

Head on over to here for additional information.

By Christopher E. Hill
Survival And Prosperity (

Tags: , , , , , , ,

Thursday, July 14th, 2016 Civil Strife, Government, Public Safety No Comments

Peter Schiff: ‘The Day Of Reckoning Is Getting Closer And Closer’

Economist, financial broker/dealer, and author Peter Schiff appeared on the Alex Jones Show last Friday. Schiff, who correctly-called last decade’s housing crash and recent global economic crisis, warned viewers of rising inflation, a U.S. dollar collapse, and civil unrest. The CEO of Euro Pacific Capital said:

Most people know there’s inflation. They don’t believe the government numbers or they don’t even know about the government numbers. All they know is that the cost of living is going up. Food is more expensive. Their utility bills are higher. Rent is going up. Health insurance premiums are going up. But Alex, we ain’t seen nothing yet. When it comes to inflation- this is just the beginning. The price increases that Americans have been enduring are only going to get much, much worse… But nobody is going to welcome a higher cost of living, and your best defense against that, as I said, is to protect yourself. To get out of your dollars. To diversify internationally

More and more people- mainstreaming people- I’m hearing people talk who now realize that this is the 9th inning of this thing, this whole experiment with Keynesianism and fiat money. It is very, very late in the game. Time is running out, right? The clock has been ticking and ticking. It is going to stop, and you can see that. The day of reckoning is getting closer and closer

The real drop is not just going to be in the pound, but in all the world’s fiat currencies. In particular, the U.S. dollar, which is at the center of this whole Frankenstein’s monster when it comes to a monetary system. And it is going to implode. And this dollar crisis is going to make the financial crisis of 2008 look like a Sunday school picnic, especially in the way it impacts people’s standards of living…

There is going to be, I think, rioting and looting. Especially when we have a currency collapse. Because I think then you’re going to have shortages. I think the government is going to impose price controls. And I think there is going to be a problem for people to get goods and services that are in short supply…

(Editor’s note: Bold added for emphasis)

“Bubble Ready to Implode. Massive QE Coming!”
YouTube Video

(Editor’s notes: Info added to “Crash Prophets” page. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

By Christopher E. Hill
Survival And Prosperity (

Tags: , , , , , , , , , ,

Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to
"The Most Hated Blog On Wall Street"
(Memorial Day Weekend 2007-2010)

This Project Dedicated to St. Jude
Patron Saint of Desperate Situations

Please Rate this Blog HERE


Advertising Disclosure here. "Code Needed"=Promo Code Found On Advertiser Website. Ad Captions Last Updated 7/20/16.
Blade HQ Knives New! Blade HQ Reviewed HERE.
Buy Gold And Silver Coins Silver Rounds 69¢ Over Spot Any Quantity; Secondary Market 100 Oz. Silver Bars 39¢ Over Spot Per Troy Oz., Any Quantity, Free Shipping. BGASC Reviewed HERE.
BullionVault World's Largest Online Investment Gold Service & Part-Owned By World Gold Council. Reviewed HERE.
Free 4-Week Emergency Food Kit w/ 3-Month Emergency Food Supply; Big Savings On "Deal Of The Day" Page. Reviewed HERE.
Survival Titles Save 20% Bladed Weapons, Combat, Firearms, Martial Arts, Military, Police, Preparedness, Self-Defense, Shooting, Survival Titles. Paladin Press Reviewed HERE.
World's First Bulletproof Baseball Cap Only $129; Bulletproof Ceramic Plate (NIJ Level III Stand-Alone) Only $169; Bulletproof Backpack/Messenger Bag Panel Only $99. BulletSafe Reviewed HERE.



Prepper Website

RSS Chris Hill’s Other Blog: Offshore Safe Deposit Boxes

  • Related Reading: Strong Demand In Germany For Safe Deposit Boxes
    Back in March and May of this year I blogged about Germans looking to safe deposit boxes to preserve their wealth in a negative interest rate environment. Tuesday night I came across a related article by The Sovereign Society’s editorial director JL Yastine on the Sovereign Investor Daily website. Discussing the subject of negative rates, […]
  • Related Reading: Gold Popular With British Post Brexit
    Earlier today I came across an interesting article on about the popularity of physical gold with British citizens in the wake of the historic “Brexit” vote. Clara Denina reported this morning: Dealers are seeing an unprecedented amount of interest in gold, much of it from first-time buyers, to take advantage of its role as […]
  • Related Reading: Japanese Gold Owners Look To Switzerland For Storage, Protection
    Switzerland still has significant appeal for Asians who own gold. Masumi Suga and Ichiro Suzuki reported on the Bloomberg website July 7: Japanese investors are buying gold to store in Switzerland because of negative interest rates and fears the yen will depreciate as the government grapples with the heaviest public debt burden in the developed […]
  • Related Reading: A Visit To Baoku Treasury, The World’s Largest Private, Non-Bank Safe Deposit Box Facility
    Back on May 18, I blogged about the recent opening of Baoku Treasury, the world’s largest private, non-bank safe deposit box facility. I haven’t come across that much material about the Shanghai, China, private vault in my research, so it was with great pleasure that I spotted an article about Baoku on the Sixth Tone […]
  • Related Reading: Robert W. Wood’s ‘Reporting Cash, Gold And Safety Deposit Boxes On FBARs?’
    Tonight I happened to read an article published on the Forbes website last Thursday entitled “Reporting Cash, Gold And Safety Deposit Boxes On FBARs?” The contributing author was Robert W. Wood, a San Francisco, California-based tax lawyer. It’s an insightful read on a complicated subject, where even Wood noted: Filing without thinking carefully about such […]