by Simon Black: Your
Bank Is Not Safe
quickly approaching the end of December, I thought it would be appropriate
to republish a few letters from earlier this year. 2011 was a year
of turmoil, even Time magazine selected ‘The protester’ as
the Person of the Year.
from early 2010, drives actionable steps based on the aggressive
responses from law enforcement and government around the world.
These next several posts are the core of our expanding community
and I know that many readers probably missed some important letters
from earlier days. It’s also great to see that the exact real estate
development I mentioned almost two years ago is finally coming to
Dispatch on January 8, 2010 from Estepona, Spain———
If I have been
too subtle in the past, let me be absolutely clear this afternoon:
the time to do something, the time to take action to safeguard your
future and your families livelihood, is NOW.
I’m more impassioned
than usual this morning… and with reason. Reluctantly, I tuned
in to Team Obama’s press briefing last night about the ongoing saga
of the Nigerian underwear bomber. Obama’s is clearly trying to cultivate
a fear of al-qaeda while simultaneously building blind trust in
After the President’s
remarks, his Homeland Security Secretary and Deputy National Security
Advisor took the stage to unveil a series of proposals to ‘improve
you the details as you have probably already heard them, but the
bottom line is simply more government – a bureaucrat’s ultimate
and only solution. This means more TSA, more air marshals, more
undercover agents, more gun-toting soldiers, more pat-downs, more
scanners, more searches, more scrutiny, more suspicion, etc.
How do you
spell police state?
laid back about this sort of thing. I can afford to be since I’m
a safe distance from all of that stupidity… but in this case I
looked down to find that my knuckles were turning white, clenched
around my glass of 2005 priorato.
I set my wine
down and remarked to my friends who were watching with me, "What
is it going to take for people to wake up and get the hell out of
town? Do they need legions of storm troopers marching down the street
before they realize it’s time to go??"
I was positively
exacerbated. The US is turning into a police state, and I’m not
even saying this specifically to Americans living there. Many countries
around the world are following close order behind Uncle Sam.
the time to act is now. So what should you do?
sure you have access to funds outside of your home country. This
is one of the most important flags that you can plant. You should
open a foreign bank account (like I discussed in the Panama Black
Paper), and/or consider storing precious metals in a private storage
quarter, I plan on releasing a new Black Paper that contains actionable
information to open an account at safe foreign banks that still
take US customers. You haven’t heard of most of them, and would
probably never hear about them because it’s actually illegal for
foreign bank to advertise in the United States in most cases.
should really be thinking hard about foreign property. Why? Because
it can be a great investment; it’s an easy, non-reportable way to
move money overseas; and it can be your escape hatch when you’re
finally ready to hit the eject button.
not talking about a 50 million euro villa in Monaco; you can pick
up cheap land in Latin America for less than $50 per acre, and I’m
pretty sure that everyone reading this letter has at least 50 bucks
Also, as I’ve
discussed in the past, you can buy foreign property using your tax-deferred
retirement savings, and I plan on revisiting this topic in short
order because it is an absolute no-brainer.
if there’s interest, I may also explore the idea of building a small,
cost-effective, subscribers-only development. It would likely be
on the outskirts of Panama City and include self-sustaining fresh
water and agricultural resources.
Third, if you
have the means, you should really consider obtaining second (or
third, fourth, etc.) citizenship. Second citizenship can be the
ultimate emergency exit if things get really bad, and it effectively
serves as the most comprehensive insurance policy you could even
I have a lot
of contacts in this field, and my colleagues and I are currently
experimenting with a few options that I plan on bringing to you
soon. I won’t bring you a passport program unless one of us has
gone through the process ourselves, so give me some time while we
play guinea pig.
serious consideration to your finances; unless you are already independently
wealthy or have sustainable income streams, think about what you
would do to earn money if you lost your job today.
what skills you have – what problems can you solve that other people
are willing to pay you for? What opportunities to you see around
you that can be quickly and profitably exploited?
you that there is opportunity everywhere around you. For example,
a friend of mine is an intelligent, 22-year old girl who lives in
Minsk, Belarus – the last bastion of the Iron Curtain. While Belarus
is not the totalitarian state it once was under the Soviet Empire,
it’s pretty close.
And yet, despite
living under a tyrannical yolk, my friend has become quite a successful
entrepreneur, launching a successful brick-and-mortar company and
several web sites just within the last few months.
I raise this
simply to point out that if an inexperienced but intelligent and
energetic young girl can find opportunity in a place like Belarus,
then I would wager that there is a plethora of opportunity out there
in places like Panama, Abu Dhabi, Chile, China, Angola, Thailand,
Bulgaria, and even the US/Europe.
In fact, I
know this to be true because I see so much of this opportunity when
So those are
the top four things I would recommend you do in making your own
personal preparations. I clearly have a lot of work to do between
the real estate, the citizenship programs, and the banking Black
Paper… but after seeing the writing on the wall so plainly last
night, I will be refocusing my efforts to get these done quickly.
Feel free to
share this information with your friends and family if you think
they understand the reality of the situation.