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Rise Of The Survival Communities

Fast and Furious.

No, not the alleged Obama administation gun-running progam.

Rather, the number and frequency of articles concerning the rich buying “luxury bunkers” these days.

That being said, I spotted a piece over on The Atlantic website (slated for next month’s print edition) which I think might interest readers.

In “A Resort for the Apocaypse,” Ben Rowen wrote:

On July 25, 1961, President John F. Kennedy spoke to the American people of a need “new to our shores” for emergency preparedness, including fallout shelters. The bunkers of that era- Brutalist, cement, with foldout beds and stockpiled food- were designed to protect families in the event that the Cold War turned hot.

It never did, but fears of cataclysm- nuclear and otherwise- are back. So are shelters, with a twist. Growing numbers of “preppers” hope to ride out various doomsday scenarios in luxury

(Editor’s note: Bold added for emphasis)

Rowen brought up Rising S Company, “one of several companies that specialize in high-end shelters,” and which I just blogged about here. But he also pointed out “a handful of bunker companies are building entire survival communities in remote locations.” From the article:

One project, Vivos XPoint, involves refurbishing 575 munitions-storage bunkers in South Dakota; Vivos Europa One, in Germany, is a Soviet armory turned luxury community with a subterranean swimming pool.

By contrast, Trident Lakes 4, a 700-acre, $330 million development in Ector, Texas, an hour and a half north of Dallas, is being built from scratch…

Seriously, what is it with Texas and bunkers?

Rowen went on to write a good deal about the Trident Lakes project, being billed as a “5-star playground, equipped with DEFCON 1 preparedness.”

He also noted the following about the deep-pocketed clients of luxury underground survival shelters and communities:

Jeff Schlegelmilch, the deputy director of the National Center for Disaster Preparedness at Columbia University, told me that the luxury-bunker trend is “not just a couple of fringe groups; there is real money behind it- hundreds of millions of dollars.” But why are wealthy people buying?

Some customers appear to be motivated by old anxieties, recently revived- the threat of nuclear war, or a national-debt default that leads to unrest. Others have newer fears: climate change, pandemics, terrorism, far-left and far-right extremism. The presidential election has brought new faces into the fold, namely liberals (who also contributed to a record number of background checks- an indicator of gun purchases- on Black Friday)…

(Editor’s note: Bold added for emphasis)

Interesting. But are any of the survival communities mentioned potentially within the budget of the not-so-well-heeled? Well, Vivos xPoint, which is being billed as “the largest survival community on earth,” advertises this on their project web page:

Priced At Just $25,00 Per Bunker
No Per Person Charge

The biggest feature is the extremely low and affordable price. Each bunker is being privately and exclusively provided under:

A Bunker Lease for 99-years, with a one-time, upfront payment of just $25,000 per bunker;

coupled with,

A Ground Lease for 99-years, with an ongoing payment of just $1,000 per year

Your bunker will be your blank canvas to prepare as much, or as little as you like, with no restrictions on how many people will share it with you when the moment of truth (aka SHTF) arrives. So, you may bring as many friends and family as you like to accommodate in your private bunker, at NO EXTRA CHARGE!

If you shelter 10 people in your bunker, the effective cost is just $2,500 each. With 20 people, the cost is just $1,250 per person. Do the math, there is no lower cost shelter solution, anywhere


Vivos xPoint Promo Video

Watching that marketing video, Vivos isn’t kidding about that “blank canvas” bit.

Regular readers of Survival And Prosperity might remember The Vivos Group from a June 2013 post about the planned construction of “the world’s largest private underground survival shelter”- Vivos Survival Shelter & Resort- in an existing below-ground complex in Atchison, Kansas. Alas, the project was cancelled as “numerous concerns arose related to the geological stability and safety of the cave structure that we believe may compromise its ability to withstand the anticipated forces of future catastrophic or earth changing events.”

From the looks of things, that setback hasn’t stopped Vivos from charging ahead with new projects.

You can read “A Resort for the Apocalypse” here on The Atlantic website.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: Posting of information about any product/property offerings is not to be construed as being a recommendation from this blog and its editor, unless specifically indicated. I am 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 herein.)

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Wednesday, February 8th, 2017 Debt Crisis, Defaults, Emergencies, Europe, Man-Made Disasters, Natural Disasters, Preparedness, Shelter, TEOTWAWKI, Terrorism, War, Wealth Comments Off on Rise Of The Survival Communities

German Intelligence Chief: ‘Repeatedly Seen That Terrorists… Have Slipped In Camouflaged Or Disguised As Refugees’

Taking advantage of economic migrants flooding into Europe, more terrorists may be slipping (back) into Western Europe these days. Caroline Copley reported on the Reuters website earlier today:

Islamic State militants have slipped into Europe disguised as refugees, the head of Germany’s domestic intelligence agency (BfV) said on Friday, a day after security forces thwarted a potential IS attack in Berlin.

Hans-Georg Maassen said the terrorist attacks in Paris last November had shown that Islamic State was deliberately planting terrorists among the refugees flowing into Europe.

“Then we have repeatedly seen that terrorists … have slipped in camouflaged or disguised as refugees. This is a fact that the security agencies are facing,” Maassen told ZDF television.

“We are trying to recognize and identify whether there are still more IS fighters or terrorists from IS that have slipped in,” he added…

(Editor’s note: Bold added for emphasis)

Good luck with that. Yesterday, Lori Hinnant wrote on the Associated Press website:

The Belgian who led the Nov. 13 attacks on Paris bragged that he slipped into France with a group of 90 extremists from Europe and the Middle East, according to testimony from the woman who tipped police to his location.

In an interview aired Thursday by RMC television and confirmed by her lawyer, the woman identified only as Sonia… was with [Abdelhamid] Abaaoud’s female cousin on Nov. 15 when the younger woman got a call from a Belgian number. It was Abaaoud, asking for a hideout.

The two women drove to a deserted industrial road outside Paris and Abaaoud came out of a bush. It was at that moment she realized who he was, according to her testimony. What followed is Abaaoud’s only known conversation about the attacks and their aftermath…

She asked him whether he had come in with Syrian refugees and he told her he came in a group without any documents. “There are Syrians, Iraqis, French, Germans, British. We came in a group of 90 and we’re a little bit everywhere around Paris.”

(Editor’s note: Bold added for emphasis)

“French, Germans, British”

Great. Welcome home, right?

Just last Friday, I blogged about new warnings from Europol and the Russian National Anti-Terrorist Committee concerning the Islamic State preparing new terrorist attacks in that region of the world.

As for the United States? All eyes are on Super Bowl 50. Geneva Sands reported on the ABC News website yesterday:

The FBI and DHS said they have no information to indicate a specific, credible threat to the game or its surrounding events, according to a Joint Special Event Threat Assessment.

However, authorities are concerned about terrorists’ interest in targeting crowded venues, as well as lone wolf attackers and homegrown extremists…

(Editor’s note: Bold added for emphasis)

Here’s to an “uneventful” Super Bowl Sunday…

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Copley, Caroline. “German spy agency says ISIS sending fighters disguised as refugees.” Reuters. 5 Feb. 2016. (http://www.reuters.com/article/us-germany-security-idUSKCN0VE0XL). 5 Feb. 2016.

Hinnant, Lori. “Paris Attack Leader Said He Slipped In With 90 Extremists.” Associated Press. 4 Feb. 2016. (http://hosted.ap.org/dynamic/stories/E/EU_PARIS_ATTACKS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-02-04-07-52-04). 5 Feb. 2016.

Sands, Geneva. “Law Enforcement On High Alert for Super Bowl 50.” ABC News. 4 Feb. 2016. (http://abcnews.go.com/US/law-enforcement-high-alert-super-bowl-50/story?id=36698694). 4 Feb. 2016.

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Friday, February 5th, 2016 Europe, Government, Middle East, Public Safety, Religion, Security, Self-Defense, Terrorism, War Comments Off on German Intelligence Chief: ‘Repeatedly Seen That Terrorists… Have Slipped In Camouflaged Or Disguised As Refugees’

Robert Shiller: ‘I Think Now Could Be A Good Time To Invest In Oil’

Yale economics professor Robert Shiller spotted the U.S. housing bubble last decade and the dot-com bubble a few years earlier. And these days, the “crash prophet’s” observations have led him to think crude oil may be a good investment. According to an Agence France-Presse article from March 23:

Asked how he would invest his money, Shiller replied: “It’s difficult. But I think now could be a good time to invest in oil or in a rise in oil prices,” he said.

“Prices are very low and there are a lot of reasons to assume that they won’t stay low. That’s what I’ve bet on,” Shiller said…

(Editor’s note: Bold added for emphasis)

Dr. Shiller repeated his belief that European stocks were more reasonably priced than U.S. equities. From the AFP piece:

Shiller said European stocks, including German stocks, were still a bargain, compared with US stocks.

(Editor’s note: Bold added for emphasis)

I blogged back on February 19:

The Nobel Prize-winning economist was on CNBC’s Squawk Box TV show Wednesday and talked equities (among other things) with Becky Quick, Andrew Ross Sorkin, and Brian Sullivan. From their exchange:

SHILLER: The things that is really striking- and maybe not today- is the low-level, long-term interest rates. It is just stunning how low they have gotten. Recently, the 30-year TIPS real rate was at half-a-percent. That’s incredible for 30 years. And that is pushing the stock market up. But it’s not the kind of euphoria that we saw notably in 2000.
SORKIN: What percentage do you have in equities?
SHILLER: It’s about half.
SORKIN: Half?
SHILLER: Yeah.
SORKIN: Have you changed it recently? Will you change it?
SHILLER: Yeah. I’m thinking of getting out of the United States somewhat.
SORKIN: You are?
SHILLER: Yeah. I think Europe is so much cheaper.
SORKIN: And you’d buy big multinationals based in Europe? You’d buy smaller companies in Europe? What would you do?
SHILLER: Well, what I have done is I’ve invested in Italy indexes. Spain index.
SORKIN: Are you hedging currency?
SHILLER: No, I’m not.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am 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 herein)

Source:

“ROBERT SHILLER: It’s not euphoria driving this stock market boom- it’s fear.” Agence France-Presse. 23 Mar. 2015. (http://www.businessinsider.com/afp-fear-behind-current-stock-market-highs-nobel-laureate-2015-3?utm_source=gatehouse&utm_medium=referral). 28 Mar. 2015.

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Sunday, March 29th, 2015 Commodities, Crash Prophets, Currencies, Energy, Europe, Interest Rates, Investing, Natural Resources, Stocks Comments Off on Robert Shiller: ‘I Think Now Could Be A Good Time To Invest In Oil’

Robert Kiyosaki: 2002 Prediction Of Huge Stock Market Crash Next Year ‘Holding Course’

“‘Rich Dad’s Prophecy’- [Robert Kiyosaki’s] most recent book- predicts that the market will crash around 2016 when the oldest Baby Boomers start cashing out their 401(k) plans. Individuals whose savings are locked into 401(k) plans will suffer because these retirement plans, aren’t flexible and don’t do well in a bear market…”

-CNN.com, October 30, 2002

How many readers out there know who Robert Kiyosaki is? The American entrepreneur, educator, and investor was quite popular back in the early 2000s. I first encountered him while watching public television around that time, sharing financial and investment strategies taught to him by his rich “Dad” and found in his 2000 New York Times best-selling book Rich Dad Poor Dad. Kiyosaki went on to write a number of books, including Rich Dad’s Prophecy in 2002.

Last Tuesday, Robert Kiyosaki appeared on the Alex Jones Show. Kiyosaki talked about his new book, Second Chance, and other subjects, including a certain prediction made about the U.S. stock market next year. From their exchange:

JONES: The world is just crazy at this point. Give us your prognosis for the planet. There’s obviously opportunities for those of us that are studying it. I mean, I going to do better probably than ever as things get worse. But I’m not happy about that, because I know it’s hurting the average person.
KIYOSAKI: Amen. Alex, I would say exactly the same thing. It doesn’t make me happy that I’m getting richer and richer, and I see my friends getting poorer and poorer. I’m very concerned right now about my generation- the Baby Boom generation, the biggest generation in history. And they bought that program of put all your money in a 401(k) and invest for the long term. Now, I wrote a book called Rich Dad’s Prophecy back in 2002. That was 13 years ago. And I said the biggest stock market crash in the history of the world was coming in 2016. I was kind of guessing. But unfortunately, I didn’t write it to be right. I wrote it out of concern. If I’m correct that in 2002 what I said the biggest market crash was coming in 2016, that means millions and millions of Baby Boomers, their kids, their grandkids, will feel the effect of that when their retirement savings are wiped out. I hope I’m wrong. But so far, my numbers look accurate and it’s holding course right now. So I don’t write because I want to be rich or poke fun or want to be righteous. I am rather concerned about my fellow citizens.

“But so far, my numbers look accurate and it’s holding course right now.”

Disturbing. Kiyosaki added later on in the interview:

I’m just concerned about this possible- I hope it doesn’t happen- but if my “rich Dad” was correct, again, published in 2002 Rich Dad’s Prophecy predicted the biggest crash in the history of the world was coming in 2016. And that’s why I wrote Rich Dad Poor Dad, that’s why I speak, that’s why I write, that’s why I take on the media. But I’m very concerned for my [fellow] citizens. Look, Alex, what happens? Let’s say I’m right- hopefully I’m not. And millions of Baby Boomers lose their pensions, their homes, their jobs- they lose everything. What is the ripple effect throughout the world going to mean to that? We’ve never been here before. Never before has the U.S. dollar, one currency, been the reserve currency of the world- and we’re printing it. The Europeans are printing, Japanese are printing. And you’ve got to look at this and go, “This is not good.” So that’s my concern right now.


“Great Economic Collapse & Currency Meltdown Is Coming
Says Financier Robert Kiyosaki”
YouTube Video

So how is Robert Kiyosaki going to fend off the crisis he still sees coming? While taking phone calls from listeners, Kiyosaki revealed:

I like silver personally. I love gold. I have a lot of gold and silver.

Further insight was provided right before the holidays, when Eve Fisher of The Sydney Morning Herald reported:

“The world is in very serious trouble and the next 20 years will not be like the past two decades,” says Kiyosaki, who predicted the downfall of Lehman Brothers investment bank in 2008 and the ensuing GFC.

“I foresee a global currency crash, like the one that ruined Germany in the 1920s, which will wipe out the poor and the middle class – as the rich get richer.

“People will see that money and shares are not real wealth, just paper, and the way to survive is by acquiring assets – like property, resources, gold and other precious metals.”

Farmers will benefit as land and food become highly valued commodities, he says…

(Editor’s note: Bold added for emphasis)

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am 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 herein)

Source:

Fisher, Eve. “Robert Kiyosaki says to prepare for the worst.” The Sydney Morning Herald. 10 Nov. 2014. (http://www.smh.com.au/business/robert-kiyosaki-says-to-prepare-for-the-worst-20141111-11jyhr.html). 21 Feb. 2015.

Robert Kiyosaki’s latest book…

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Sunday, February 22nd, 2015 Agriculture, Asia, Commodities, Crash Prophets, Currencies, Demographics, Employment, Entitlements, Europe, Farming, Food, Housing, Inflation, Investing, Main Street, Mainstream Media, Monetary Policy, Money Supply, Natural Resources, Precious Metals, Retirement, Stocks Comments Off on Robert Kiyosaki: 2002 Prediction Of Huge Stock Market Crash Next Year ‘Holding Course’

Alan Greenspan: Gold Is A Currency, And Currently A Good Investment

Back in late October I recall The Wall Street Journal talking about some comments made by former Federal Reserve Chairman Alan Greenspan to the Council on Foreign Relations concerning gold. I’ve been meaning to look into what Greenspan, who served as Fed Chair from 1987 to 2006, actually said about the precious metal. During lunchtime, I dug up the final version of the transcript from his visit with the CFR in New York City on October 29, 2014. From the exchange between the president of Greenspan Associates LLC and presider Gillian Tett:

TETT: I’m going to turn to the audience for questions in one minute, but before I do though, I just want to ask though, one of the really interesting chapters in your book is about gold. And there’s been a lot of media debate in the past about your views on gold.

You yourself oppose a question as to why would anyone want to buy this barbarous relic — I don’t know whether John Paulson is in the audience — but it’s an interesting question. But do you think that gold is currently a good investment given what you’re saying about the potential for turmoil?

GREENSPAN: Yes.

(LAUGHTER)

TETT: Do you put…

GREENSPAN: Economists are usually perfect in equivocating. In this case I didn’t equivocate. Look, remember what we’re looking at. Gold is a currency. It is still by all evidences the premier currency where no fiat currency, including the dollar, can match it. And so that the issue is, if you’re looking at a question of turmoil, you will find, as we always have in the past, it moves into the gold price.

But the gold price is actually sort of half a commodity price, so when the economy is weakening, it goes down like copper. But it’s also got a monetary characteristic which is instrinsic. It’s not inbred into human beings — I cannot conceive — of any mechanism by which you could say that, but it behaves as though it is.

Intrinsic currencies like gold and silver, for example, are acceptable about a third party guarantee. And, I mean, for example at the end of World War II, or just at the end of it, Germany could not import goods without payment in gold. The person who shipped the goods in would accept the gold, and didn’t care whether there was any credit standing — associated with it. That is a very rare phenomenon. It’s — it’s the reason why, for example, in a renewal of an agreement that the central banks have made — European central banks, I believe — about allocating their gold sales which occurred when gold prices were falling down, that has been renewed this year with a statement that gold serves a very important place in monetary reserves.

And the question is, why do central banks put money into an asset which has no rate of return, but cost of storage and insurance and everything else like that, why are they doing that? If you look at the data with a very few exceptions, all of the developed countries have gold reserves. Why?

TETT: I imagine right now, it’s because of a question mark hanging over the value of fiat currency, the credibility going forward.

GREENSPAN: Well, that’s what I’m getting at. Every time you get some really serious questions, the 50 percent of the gold price determination begins to move.

TETT: Right.

GREENSPAN: And I think it is fascinating and — I don’t know, is Benn Steil in the audience?

TETT: Yes.

GREENSPAN: There he is, OK. Before you read my book, go read Benn’s book. The reason is, you’ll find it fascinating on exactly this issue, because here you have the ultimate test at the Mount Washington Hotel in 1944 of the real intellectual debate between the — those who wanted to an international fiat currency which was embodied in John Maynard Keynes’ construct of a banker, and he was there in 1944, holding forth with all of his prestige, but couldn’t counter the fact that the United States dollar was convertible into gold and that was the major draw. Everyone wanted America’s gold. And I think that Benn really described that in extraordinarily useful terms, as far as I can see. Anyway, thank you.

TETT: Right. Well, I’m sure with comments like that, that will be turning you into a rock star amongst the gold bug community…

(Editor’s note: Bold added for emphasis)

I’m not sure if the above will mean Greenspan is now a rock star among the “gold bugs”- he’s still considered by many as being a habitual asset bubble blower. But such a high-profile individual within the global financial community lending support to the ideas that gold is a currency and currently a good investment will no doubt anger a number of gold bears and haters.

You can read the entire transcript of Greenspan’s visit to the CFR on their website here.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am 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 herein.)

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Monday, December 22nd, 2014 Banking, Bubbles, Commodities, Credit, Currencies, Europe, Federal Reserve, Investing, Precious Metals Comments Off on Alan Greenspan: Gold Is A Currency, And Currently A Good Investment

Profitable Assets, Professions In Germany’s Hyperinflation Of The 1920s

Since I started being concerned back in 2004 about the prospect of a U.S. financial crash, I’ve been interested in reading about the everyday lives of the people who lived through economic collapses.

Why? Because I believe there are valuable lessons to be learned for what I think is coming down the road for us here in America.

I haven’t really come across any good Great Depression accounts yet (if you know of one- shoot me over a suggestion). But the other night, I happened to stumble upon a rather lengthy article on the website of Der Spiegel (Germany) that provided a great deal of insight of what went on in Germany during their devastating bout with hyperinflation in the 1920s. Alexander Jung even went so far as to identify the financial “winners” and “losers” during that period of time. Jung wrote back on August 14, 2009:

The only objects of real value were tangible assets: diamonds and coins, antiques, pianos and art. The works of contemporary artists like Lyonel Feininger, Paul Klee, Max Pechstein and Karl Schmidt-Rottluff were in especially high demand. And if you had foreign currency, you lived like a king

The stupid ones were those who had nest eggs: the thrifty, holders of government bonds, but primarily the country’s pensioners. In other words, those who received money without having to work for it, who lived on their pensions or the interest on their savings. Large sections of the middle classes saw themselves stripped of their assets, losing almost everything they had set aside for years. Banks, savings banks, and insurance companies suffered huge losses and were left with nothing but their paper money. As a result, they had to start the majority of their businesses from scratch in 1924.

By perverse contrast, the winners of the hyperinflation were those with massive debts; first and foremost the state, but also private individuals who had borrowed money to buy houses, construction land or farmland, and whose loans were slashed by the switch to the rentenmark.

Some industrialists made huge gains from the period of hyperinflation. Hugo Stinnes, whom Time magazine crowned “Germany’s new Kaiser,” built up an immense corporate empire comprising heavy industry, newspapers, ships and hotels — all based on a mountain of debt. As late as the summer of 1922, Stinnes was recommending that people continue capitalizing on “the weapon of inflation.” Indeed manufacturers and craftsmen in general profited from the crisis since they possessed plants and buildings — that is, tangible assets that outlived the currency switch.

Most farmers also did extremely well. “They had money to burn, and spent it willy-nilly,” writer Lion Feuchtwanger recalled. Some bought themselves entire stables of racehorses, others expensive cars. “Farmer Greindlberger drove from the grimy village street of Englschalking to Munich in an elegant limousine complete with a liveried chauffeur, while he himself was dressed in a brown velvet jacket and a green chamois-tufted hat,” Feuchtwanger wrote of the rural rich…

(Editor’s note: Bold added for emphasis)

That last bit about farmers buying expensive cars reminds me of what “crash prophet” Jim Rogers has been telling anyone who will listen:

The farmers are going to be driving Lamborghinis and Maseratis.

Anyway, the quote doesn’t do the piece justice. I recommend you read the entire article on the Der Spiegel site here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Thursday, August 14th, 2014 Banking, Bonds, Borrowing, Business, Crash Prophets, Currencies, Depression, Education, Europe, Farming, Inflation, Insurance, Manufacturing, Savings Comments Off on Profitable Assets, Professions In Germany’s Hyperinflation Of The 1920s

How Prepping Saved Many Alsatian Jews From the Nazis

Back when I was in high school, I was given an assignment that involved researching my family’s history. I decided to talk to my grandmother about the project, and she provided me a good deal of information. I knew we had been around Chicago since its early years. And that my family came from a number of Western European countries prior to that, including a branch that resided in the region of Alsace-Lorraine- sometimes a part of France, other times Germany. It was these ancestors I thought of the other day when I stumbled upon a November 10, 2013, article in The Times Of Israel entitled “Anticipating the Nazis, Alsace Jews prepared for the worst.” Cnan Liphshiz wrote:

His hearing isn’t what it used to be, but Georges Loinger still remembers Adolf Hitler’s voice emanating from the radio at his Strasbourg home.

Growing up in the heavily Germanic Alsace region of eastern France, Loinger and his family tuned in regularly to broadcasts of Hitler’s speeches. They heard his “electrifying voice” and the plans he had in store for the Jews of Europe.

So when the Nazis’ anti-Jewish propaganda turned to deadly violence on Kristallnacht, the pogrom unleashed on the Jews of Germany and Austria 75 years November 10, the Jews of Strasbourg were ready.

“We had read Nazi propaganda,” said Loinger, 103, who fought in the French resistance. “We spoke to hundreds of Jewish refugees from Germany. We knew what was coming.”

Historians say the knowledge, unusual for Jewish communities outside Germany and Austria, made the 20,000 Jews of Alsace and nearby Lorraine better prepared to face the forthcoming Nazi occupation.

The community was able to help German Jews, hide heritage assets and private possessions and, most important, survive. Ten percent of the Jewish population of Alsace and Lorraine perished in the Holocaust, compared to 22 percent elsewhere in France…

(Editor’s note: Italics added for emphasis)

Liphshiz pointed out that between 1934 and 1941, Alsatian Jews banded together to protect themselves and help others in advance of and at the onset of the Nazis arrival in the region.

Lucien Lazare, a historian at Yad Vashem, Israel’s national Holocaust museum in Jerusalem, was also quoted in the piece. Lazare’s family was one of those living in the area prior to the German takeover. Liphshiz added:

Like many Alsatian Jews, Lazare’s family sold their home and other valuables months before the Nazi invasion. Within hours of the arrival of the German army in 1940, the family was prepared to go into hiding

(Editor’s note: Italics added for emphasis)

Great article. With plenty of valuable lessons applicable to preppers today, including:

• Keep up on current events (while filtering out the nonsense, of course)
• Seek knowledge about possible threats
• Put together a plan
• Be mentally-prepared to follow through with the plan
• And last but not least, take care of the community and others seeking help when possible

You can read the rest of Liphshiz’s article on The Times Of Israel website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Wednesday, March 5th, 2014 Europe, Preparedness, War Comments Off on How Prepping Saved Many Alsatian Jews From the Nazis

Gun Registration Often Leads To Confiscation, As New Yorkers Find Out Once More

Why Gun Rights Advocates Oppose Gun Registration

A centralized registration system is the one usually proposed by gun control activists, and it is the type most feared by gun rights advocates. At the heart of resistance to registration is the belief that it encourages firearm prohibitions and ultimately leads to confiscation. (It is also why many choose not to comply and register weapons already owned.)

Those who favor more gun control often accuse gun owners of being paranoid, but the track record of firearms registration is not a good one.”

-GunCite.com, popular firearms information website, August 24, 2007

Supporters of more gun “control” in the United States routinely push for the registration of firearms.

And, “Don’t worry,” they like to say, “No one is going to take away your guns.”

Problem is, history repeatedly shows otherwise.

I blogged backed on January 14, 2013:

Gun registration often leads to confiscation. From the latest edition of Gun Facts, a popular firearm reference book:

Myth: Registration does not lead to confiscation

Fact: It did in Canada. The handgun registration law of 1934 was the source used to identify and confiscate (without compensation) over half of the registered handguns in 2001.
Fact: It did in Germany. The (before the Nazis came into power) required all firearms to be registered. When Hitler came into power, the existing lists were used for confiscating weapons.
Fact: It did in Australia. In 1996, the Australian government confiscated over 660,000 previously legal weapons from their citizens.
Fact: It did in California. The 1989 Roberti-Roos Assault Weapons Control Act required registration. Due to shifting definitions of “assault weapons,” many legal firearms are now being confiscated by the California government.
Fact: It did in New York City. In 1967, New York City passed an ordinance requiring a citizen to obtain a permit to own a rifle or shotgun, which would then be registered. In 1991, the city passed a ban on the private possession of some semi-automatic rifles and shotguns, and “registered” owners were told that those firearms had to be surrendered, rendered inoperable, or taken out of the city.
Fact: It did in Bermuda, Cuba, Greece, Ireland, Jamaica, and Soviet Georgia as well.

Now, you can add the “Big Apple” to that list for a second time. Edmund DeMarche reported on the FOX News website earlier today:

The New York City Police Department is taking aim at owners of shotguns and rifles capable of holding more than five rounds, demanding such guns be surrendered, altered or taken out of the city.

The demand came in the form of some 500 letters mailed out to owners of registered long guns that are in violation of a 2010 city ordinance. The first option for the letter’s recipient is to, “Immediately surrender your Rifle and/or Shotgun to your local police precinct, and notify this office of the invoice number. The firearm may be sold or permanently removed from the City of New York thereafter.”

(Editor’s note: Italics added for emphasis)

“Surrendered, altered or taken out of the city.”

Sound familiar?

“Question: Why is it, every time I buy and register a gun in New York City, it gets confiscated?

Man, funk dat!”


Sagat, “Funk Dat” (1993)
YouTube Video

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Smith, Guy. Gun Facts Version 6.1. Guy Smith, 2012.

DeMarche, Edmund. “NYPD cracks down on long guns that hold more than five rounds.” FOX News. 5 Dec. 2013. (http://www.foxnews.com/us/2013/12/05/nypd-targets-owners-multi-clip-shotguns-rifles/?intcmp=latestnews). 5 Dec. 2013.

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Quote- No, Headlines- For The Week

Something different for readers this week. Instead of a quote, here’s two news headlines which made my eyes roll upon spotting them this weekend…

“Dow 20,000 here we come: It’s different this time”

-MarketWatch.com, November 22, 2013

“It’s different this time.”

I’ve lost count how many times I’ve heard this phrase uttered over the years as some asset bubble was being inflated.

It’s not just me either.

From Michael Kling on the Moneynews website back on May 23, 2013:

Time and again, as stock prices continue rising to unsustainable heights, stock enthusiasts have preached, “This time is different.”

And it’s not just stocks either.

From Charles Hugh Smith on LewRockwell.com this past Halloween:

Defenders of current real estate valuations can draw upon an array of justifications, but they boil down to the same one used to justify valuations in every asset bubble: this time it’s different.

As for my two cents? Like I commented on a Chicago Tribune article last week, it’s my belief that after the economic crisis reared it’s ugly head in the fall of 2008, home prices nose-dived, and the “Great Recession” took hold, Washington and the Fed only managed to paper over the situation and monetary policy was designed to inflate a new asset bubble (or two, what the hell) to “save” the U.S. economy and larger financial system. Subsequently, we find ourselves immersed in QE Infinity and what some of those who correctly-predicted the “Panic of ’08” and housing crash see as new bubbles forming in residential real estate and equities.

I don’t envision this ending well.

Speaking of the Tribune, here’s another headline that made me cackle in disbelief.

“Breakthrough deal curbs Iran’s nuclear activity”

Chicago Tribune website, November 24, 2013

All I can say about this hopium-infused headline is that I expect one of two scenarios down the road:

1. Downtown Tehran packed to the gills as the Islamic Republic of Iran parades its first nuclear weapon for the entire world to see. Those in the know understand state actors in this region of the world can only salivate over the prospect of having a nuke in their arsenal- Iran included. Realpolitik, people.

2. A mushroom cloud over an Israeli or U.S. city. If the technology/opportunity presents itself, an electromagnetic pulse originating from a nuclear device detonated in the atmosphere over one of these countries (more bang for the buck).

Of course, all bets are off over these two scenarios taking place if some one (the Israelis?) take out Iran’s growing nuclear capabilities with military force.

Question is, is that even possible anymore given the time Iran has had?

Again, there’s others who think the claim that the interim pact reached betwen Iran and China, France, Germany, Great Britain, Russia, and the United States “curbs Iran’s nuclear activity” is one big joke.

Enter Saudi Arabia’s Prince Alwaleed bin Talal, “the world’s foremost value investor” with a net worth of $20 billion as of March 2013 according to Forbes magazine. Here’s what the Saudi royal had to say about a potential deal with Iran. From Jeffrey Goldberg on Bloomberg.com Friday night:

“There’s no confidence in the Obama administration doing the right thing with Iran,” he told me, with a directness that would make Benjamin Netanyahu blush. “We’re really concerned — Israel, Saudi Arabia, the Middle East countries — about this.”

It is quite something for a Saudi royal to state baldly that his country is part of a tacit alliance with Israel, but Saudi leaders, like Israel’s leaders, are frantic with worry that an overeager Obama will accede to Iran’s desire to become a threshold state, one whose nuclear program is so advanced that it would only need several weeks to assemble a deliverable weapon. Alwaleed, like Netanyahu, the Israeli prime minister, believes that Iran, in its ongoing negotiations with the world’s major powers, will pocket whatever sanctions relief it gets without committing to ending its nuclear program. “Why are they offering relief?” he asked. “Keep the pressure on. Sanctions are what brought about the negotiations to begin with! Why not keep the pressure up?”

Obama, Alwaleed says, is a man who is in desperate political straits and needs a victory — any victory — to right his presidency. “Obama is in so much of a rush to have a deal with Iran,” he said. “He wants anything. He’s so wounded. It’s very scary. Look, the 2014 elections are going to begin. Within two stamonths they’re going to start campaigning. Thirty-nine members of his own party in the House have already moved away from him on Obamacare. That’s scary for him.”

(Editor’s note: Italics added for emphasis)

Note Goldberg’s headline for his Bloomberg piece:

“Iran Is Playing Obama, Says Saavy Saudi Prince”

Iran is “playing” Obama and many others, judging by the buzz being reported in the mainstream media this Sunday.

Not me. I just can’t see Dow 20,000 being sustained just yet or Iran’s nuclear aspirations being curbed through diplomacy any time soon.

Sources:

Kling, Michael. “New Yorker: No Stock Bubble- This Time Is Different.” Moneynews.com. 23 May 2013. (http://www.moneynews.com/InvestingAnalysis/stock-market-bubble-different/2013/05/23/id/506002). 24 May 2013.

Smith, Charles Hugh. “What Real Estate Bubble? Oh, You Mean the One That’s Bigger Than the 2007 Bubble?” LewRockwell.com. 31 Oct. 2013. (http://www.lewrockwell.com/2013/10/charles-hugh-smith/what-real-estate-bubble/). 24 Nov. 2013.

Goldberg, Jeffrey. “Iran Is Playing Obama, Says Savvy Saudi Prince.” Bloomberg.com. 22 Nov. 2013. (http://www.bloomberg.com/news/2013-11-22/iran-is-playing-obama-says-savvy-saudi-prince.html). 24 Nov. 2013.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am 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 herein.)

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Sunday, November 24th, 2013 Banking, Bubbles, Federal Reserve, Government, Housing, Investing, Middle East, Military, Monetary Policy, Quote For The Week, Recession, Stimulus, Stocks, Terrorism, War Comments Off on Quote- No, Headlines- For The Week

Central Banks Net Purchasers Of Gold For 11 Consecutive Quarters

Earlier today, Janet Yellen, the American economist and Vice Chair of the Board of Governors of the Federal Reserve System who is President Obama’s nominee to succeed Ben Bernanke as Chairman of the Fed, participated in her confirmation hearing before the U.S. Senate Banking Committee. Victor Reklaitis wrote on The Tell blog on the MarketWatch website this afternoon:

At Yellen’s confirmation hearing on Thursday, [U.S. Senator from Nevada Dean] Heller asked the Fed chair nominee whether she follows gold prices and what causes them to rise or fall.

“Well, I don’t think anybody has a very good model of what makes gold prices go up or down,” Yellen responded.

“But certainly it is — it is an asset that people want to hold when they’re very fearful about potential financial market catastrophe or economic troubles and tail risks. And when there is financial market turbulence, often we see gold prices rise as people flee into them.”

(Editor’s note: Italics added for emphasis)

I had to chuckle when I read that. Here’s a central banker linking the acquisition/possession of gold with fear, yet as I pointed out back in July 2011, central banks were by then holding onto and even accumulating the precious metal after years of selling.

As a matter of fact, the London-based World Gold Council, the gold industry’s market development organization, issued a press release today which demonstrated central banks around the world continue to amass the yellow metal. From the release:

Net central bank purchases totalled 93t, 17% down on Q3 2012. Central banks have now been net purchasers of gold for 11 consecutive quarters.

“Net purchasers of gold for 11 consecutive quarters.” Something to remember next time someone brings up that “barbarous relic” claim (if gold is so barbaric, why does it continue to play a role in the modern global banking system?).

There’s also this from Nat Rudarakanchana, writing on the International Business Times website on October 30. He reported:

-Collectively, central banks have bought about 218 tons of gold so far in 2013
-Central bank holdings are up about 1.7 million ounces this year
-France, Germany, Italy, and the United States maintain more than 80 percent of their foreign reserves in gold

Ms. Yellen mentioned in her confirmation hearing that gold is “an asset that people want to hold when they’re very fearful about potential financial market catastrophe or economic troubles and tail risks.”

Does that apply to central bankers as well?

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Reklaitis, Victor. “Yellen on gold: “People want to hold (it) when they’re very fearful.” The Tell. 14 Nov. 2013. (http://blogs.marketwatch.com/thetell/2013/11/14/yellen-on-gold-people-want-to-hold-it-when-theyre-very-fearful/). 14 Nov. 2013.

“Gold continues its journey from West to East as buoyant consumer markets balance investment outflows.” World Gold Council. 14 Nov. 2013. (http://www.gold.org/media/press_releases/). 14 Nov. 2013.

Rudarakanchana, Nat. “Perspectives On Central Bank Gold Buying: Gold Experts.” International Business Times. 30 Oct. 2013. (http://www.ibtimes.com/perspectives-central-bank-gold-buying-gold-experts-1448444). 13 Nov. 2013.

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Thursday, November 14th, 2013 Banking, Commodities, Europe, Federal Reserve, Precious Metals Comments Off on Central Banks Net Purchasers Of Gold For 11 Consecutive Quarters
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