xmlns:og='http://ogp.me/ns#' August 2017 ~ The Prepared Guy

Tuesday, August 22, 2017

Bitcoin IS the future. But the future is not bright.

Oh. My. Heck!  Are you listening and watching what is going on in the crypto currency world?   I'm going to lump all crypto currencies into one, bitcoin.  I understand that they are not all the same but for the sake of this argument whether I refer to them as cryptos or bitcoin I'm talking about the same thing.  Block chain technology as a currency or store of wealth.


What are your initial feelings when you hear that bitcoin has gone up from about $1,800 to around $4,300 in one month?  Do you feel left out?  Like you are missing out on the chance of a lifetime?  Or do you feel that there is something that's just not right about it?   If you're not catching the fever then maybe you just don't truly understand what they are all about and what they can do for humanity.  I mean seriously!  I listen to lots of people who believe that crypto currencies and the block chain technology are the greatest thing since... I don't know, sliced bread?!  No, sorry, they are much better than that.  They are going to break the stranglehold of the big banks and governments and allow us to be truly free of fiat currency forever!  Really?  I mean really?!

You can already see where I am going with this I'm sure.

I have been trying excessively hard to wrap my head around bitcoin, why it is going parabolic and why there is such a buzz about it.  Professionals in their field that I have been listening to for years are saying the complete opposite things concerning cryptos.  Some are saying that it is the currency of the future while others say the contrary.  I'm not going to lay out the entire case for or against bitcoin but rather what I have learned for myself from my own research, pondering, and experience.

These two sides, who typically have a lot in common when it comes to talking about and advocating for precious metals are quite opposed to each other on this topic.  It truly is quite bizarre to me.

If you follow my blog you know that I'm big on silver, and gold too.  It has been money for thousands of years and is proven to store wealth across centuries.  In modern history it is now also an important metal for technology giving it even greater value.

Bitcoin has been around for about 10 years.  The argument for bitcoin is that it is decentralized, private, limited/rare, and in demand.  Similar traits of precious metals.  The individuals that I listen to regularly that are arguing the case for Bitcoin also say that gold and silver are money and do not deny that they will have a major part in the worlds economic future.  That they compliment each other and will both help to break the current monetary system apart as the value of both go to the moon.

There are speculations that some cryptos will be backed by gold or SDR's.  There's a new wave of cryptos coming into existence soon that represent or be backed by digitized assets such as real estate and tea.

Those that advocate for cryptos are convinced that the move into cryptos is being propelled by loss of confidence in the US dollar and other fiat currencies.  It couldn't possibly be out of greed?  Most people don't jump into an asset until they see that it is moving upwards, not simply because it has value but because they need return or because they are greedy.  Interest rates have been so low for so long that nobody can put their money to work for them, and earn a return, without putting it at great risk.  What could be more risky than a digital "currency" that only exists as a digital file?  You got me.  The increase in 'value' of bitcoin and other crypto currencies is driven solely by speculation if you ask me.    

The US Dollar is already pretty much a digital currency.  Actual printed US currency equals much less than 10% of all of the US dollars in existence.  The rest of them only exist digitally on a computer system.  Yes this system is controlled by the Fed and the bankers.  Various countries are in the process of going cashless and we can see it happening here too.  Thus, are cryptos the next step?  The next evolution of digital money?  Digitize everything.  Monetize everything, including people?

Cryptos are not currency nor are they money.  Currently they could be considered an asset but they are not currency.  Will they become a currency some day?  Possibly.  Probably.  Does this mean that you and I should jump on the bandwagon now?  Count me out.

Nothing but gold and silver are money.  It's as simple as that.  History has proven their value and their use as money and as a store of wealth.  It has been said many times; If you don't hold it you don't own it.  Just because you can store the block chain of a bitcoin on a thumb drive that you can then hold in your hand is not what I am talking about.  If the internet doesn't work then your cryptos won't work either.

Their are many arguments that verify or justify that cryptos have value, act like currency, are a store of wealth and otherwise are the way of the future.  Some of those arguments are valid and many of them are speculation.  There is not enough history with cryptos to know much of anything about what they will do.  Don't be mislead by the picture of the shiny bitcoin above.  It's just a clever marketing ploy.  An attempt to associate it to something as valuable as gold.

I believe that the next monetary system will be a world currency and it will be a digital currency.  Existing only electronically.  It will be used as a means of control over the people.  With the implementation of 5G and the internet of things everything will be monitored and controlled, digitized and manipulated.  Chipping everyone and everything.  The mark of the beast will be widely, easily and blindly accepted.  Even desired.  Eventually no one will be able to buy or sell without it.  Unless perhaps you have gold or silver.

The fact that Goldman Sachs likes cryptos and is now supporting them is a dangerous sign?  JP Morgan Chase has a patent on their own crypto.  The central bank of central banks is working on a crypto that will be backed by the SDR.  So this all means we should definitely start buying them!  My instincts tell me the opposite is true.

This is important people!

Cryptos are rapidly becoming accepted.  Why?  Because they are going up in 'value'.  They are worth more and more in currency.  They can buy more.  But the truth is that they are simply an illusion of wealth.  They are just plain an illusion.  They don't exist unless you are living in the matrix.  Unplug now!

Get out now!  How?  Trade in your counterfeit fiat money for precious metals.  Live off grid and begin to become more self sufficient.  If you don't start now you'll become trapped; a monetized, digitized asset of the elite.

Wednesday, August 9, 2017

Prepper Talk Radio now on iHeart

You can now listen to each of our podcasts on either iHeart Radio or on www.preppertalkradio.com

It has been quite a while since I have uploaded one of our broadcasts to my blog but we continue to broadcast live each Friday at 10AM.  You can listen live with the ktalk radio app https://play.google.com/store/apps/details?id=com.viastreaming.KTalkRadio  or on

www.ktalkmedia.com 

https://www.iheart.com/podcast/prepper-talk-radio-28286881/



You can also listen to them on our YouTube channel 

www.ktalkmedia.com  - This is where we broadcast live each week.  1640 AM every Friday at 10AM in Salt Lake City, Utah.  All of our broadcasts can also be found on the archive page. 

Our primary show sponsor is Survival Medical.  www.survival-medical.com  First aid kits designed for long term storage. 



Thanks for listening!

Tomorrow

What now?  What comes next?  What should I prepare for?  This post is not intended to create fear but rather to help you to be aware and to prepare.

What comes next?  The scary answer is that nobody really knows exactly what to expect next.  It would be much easier for me to tell you to prepare for a predetermined event such as an earthquake or a tornado.  If you live in areas prone to those events I assume that you already know and are preparing.  Our country and even the entire world has never been through what we are experiencing now, financially, economically, socially or politically.  Seemingly every system on the planet is on the edge of turmoil and collapse.  We hear one thing from the government and an entirely different story from those who say they are revealing the truth.  It is difficult to know what to believe and what to discount.  There are wars and rumors of wars, government scandals, false flag events, black swans, conspiracy theories and former conspiracy theory now conspiracy fact.  Our country is becoming more and more divided on race, religion, politics, healthcare, sexuality, etc., etc.  Our freedoms are being slowly but surely whittled away as our constitution hangs by a thread.  Those that are awake to these events and occurrences have a glimpse of what the truth is but there is still much confusion.

What I do know is that the possibilities of what could happen next are virtually endless.  World economies are on the brink of disaster, including the US economy and the life of the dollar.  A major financial banking disaster was narrowly averted in April of 2008 that just about crashed the entire world economy.  This scenario is yet again knocking at the doors, but it will be much worse this time.  In truth, everything did crash back then but was propped up and continues being propped up to hide the truth.  Just take a look at corporate earning since that time.  Down, down, down.  Don't use the stock market or the value of your 401k to determine the health of the economy.  It's all fake.

Any of these events could happen tomorrow, in 2, or in 10 years.  Nobody really knows what will happen next or when.  I mention the dollar collapse or the collapse of the worlds financial system(s) because it is potentially the most devastating event ever to occur in the history of the world because we are inseparably connected to and reliant on currency and debt to survive day in and day out.  This collapse is mathematically inevitable but we really have no idea what the central banks and the federal reserve will come up with next.  Most likely something will be done that we have not even considered yet.

There are many other possibilities of what may happen tomorrow including war, pandemic, terrorism and natural disasters.

Those of you who are awake are already aware of these possibilities.  But do you understand what that really means?  Do your everyday actions demonstrate that you at least somewhat comprehend the reality of not only what we have been experiencing and where they will inevitably take us?  I say "take us" because regardless of our level of preparedness we will be going for a ride.  We will be affected to some degree or another.  

To reduce your risk and make this trip a smoother ride minimize your cash holdings in the bank, now.  Keep some cash on hand for your daily expenses but for long term protection of your wealth it is best to have precious metals and other tangible assets rather than a fiat currency.  Consider trading your funny money for real wealth whether precious metals or other hard assets including real property.

Will gold and silver ever break free of manipulation?  Or will the US and global financial collapse come so fast and furious that there will be little or no time for precious metals to reach their true market value?  Your guess, I bet, will be as accurate as mine.  I certainly hope that there will be time to exchange precious metals for real assets.  One thing that I am absolutely certain of; Gold and Silver are money.

The longer this ponzi scheme of printing currency out of thin air continues the worse the crash is going to be.  Those who control the currency and the manipulations will never let go until they are forced to.  Other factors out of their control will be the cause of the end of manipulations which may include war, natural disasters, pandemics, etc.  The price of gold and silver will continue to move higher as the demand increases and supply decreases, but will never reach their true value until the manipulation is completely relinquished.  I do not see this happening until the world is in complete chaos.  At this point will precious metals have any value at all?  Will a bushel of wheat be worth more than a bushel of gold at that time?  I think that there will be, and I certainly hope for, a short window when the price of gold and silver will skyrocket.  This will be the time to get out, sell, trade and barter.  You'll need to do this quickly as the time between when these precious metals have great value and when utter destruction will visit may be short; meaning months or even weeks.

I do not foresee taking our gold and silver and trading them for US dollars but rather trade them directly for goods and services.  When this time comes, which I believe may be hard to determine, get out of your precious metals and purchase tangible assets including food, farmland, pay off your mortgage and other debts, tools and other supplies that will contribute to your self-sufficiency.  Extremely hard times are coming so do all that you can to make them easier for your family.  Do it now.

I have been what I consider to be stricken with the desire to help my family, friends and neighbors when this difficult time comes.  The truth and reality of these feelings of mine is that it is not my responsibility to prepare for you.  Yes, it is my job to warn and otherwise help if I can.  However, if you have not seen or have even been looking for the signs of the times, living in your comfortable bliss of ignorance then, I hate to say it, but, you'll get what you prepared for.  If you choose to ignore the obvious in exchange for warm fuzzy feelings of false security there isn't much else I can do for you.  That is a very hard thing for me to come to terms with.  The fact that I struggle exceedingly just trying to take care of my own family should have clued me into this a long time ago.

According to the new testament and other revelations, the majority of the population of earth, and in particular the US, will die in terrible ways; famine, pestilence, natural disasters, war, etc in the last days of the earth before the second coming of Christ.  We have been commanded to both watch and prepare for these days.  Prepare spiritually to meet our maker?  YES!  Prepare temporally to care for those under our stewardship to endure the difficult times and come out the other side?  ABSOLUTELY!

There will be no "rapture".  The righteous will suffer right alongside of the wicked. If we are prepared BOTH spiritually and temporally as we have been commanded then the blessings and protection of the Lord will be bestowed upon us and our burdens made light.  Just as in the story of Elijah and the widow of Zarephath, our barrel of meal will not waste and our cruse of oil will not fail.  Do not expect that just because you are a righteous person and have prepared yourself spiritually, but not temporally, that you'll be given a free pass to see the coming of the Lord in all his glory.

So, what do we do?  Here are a few of my personal thoughts:

Sell anything and everything of value that you will not be using to prepare yourselves and buy the things that you will need.  I know that ski boat of yours is a lot of fun but it won't be of any assistance in feeding your family when SHTF.  Unless you live by the ocean and plan on bugging out by boat you can fish from the shore.  Get rid of that debt and use that monthly payment for more preps.  That car that you've been meaning to overhaul sitting by the side of your house?  Sell it and add to your preps.  There's no more time for those kinds of dreams.  Sorry.  Go through your home, attic and garage and find anything and everything you can sell in the classifieds to make a few bucks.  When it hits the fan you'll see all of those useless items and wish that you had cash, or rice instead.



When is this all going to happen?  Begin to act as if it were to happen tomorrow!  Work with the urgency that all this may happen tomorrow, because it just may.  The tough part is not to forget to live in the present and enjoy all of the little things, but also be prepared for whatever tomorrow may bring.  

Now you know how I really feel...



The purpose of this site is to provide you with information about what I have learned, my experience, and what my motivations are as a Prepared Guy. I have always felt driven to be ready for any situation by something powerful deep inside me. Being prepared has always served me well. I feel compelled to help others do the same.
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