Friday, June 24, 2016

Brexit: What Happens Now


Thursday, June 23, 2016

Best Deal in Cheap Keychain LEDs


These have been around for many years now. Cheap, simple, reliable and tough as nails. For three bucks or so for the pack of ten they are a great deal. In my experience they last well over ten hours. They do start to dim down but a day later you still may have some light left.


Leegoal 10 X Led Mini Micro Black Keychain Key Ring Super Flash Bright Flashlight White Light $3.30
For $0.33 a pop you can’t beat these for budget EDC or keeping in different kits, keychains and bags.

FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

Tuesday, June 21, 2016

Venezuela: People literally starving and gangs rule the streets



Food trucks are under constant attack and need armed guards for protection. Grocery stores and pharmacies are getting looted 20 times a week or more. Armed gangs rule the streets, killing hundreds without the police being able to do anything due to lack of resources. Kidnappings occur every day, the usually ransom going for about 10.000USD.
Caracas, Venezuela is the world murder capital. People are afraid to go out. Venezuela is also the inflation capital, with the worst inflation worldwide. It seems these two go side by side. About 72 percent of monthly wages are being spent just to buy food.
It’s common for people to spend all day without eating. In some cases, families choose who gets to eat and who doesn’t. This is common in poor countries. I remember Diego Maradona, the controversial former football star, used to tell a story I remember well. As a child he would have dinner but usually his mother and father wouldn’t eat. They would come up with excuses, say they already ate when he wasn’t around, or that they weren’t feeling very well. The truth was that there simply wasn’t enough food in the house for everyone.
Stock up folks. Food and water. You’ll need them every day no matter what and the day you don’t have either one you will regret no preparing.
FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

Friday, June 17, 2016

My thoughts on Dave Ramsey

Ferfal,
Good Afternoon what are your thoughts on Dave Ramsey's plan for
getting out of debt as a preparation for Economic problems? Are you
familiar with it? I've never heard you mention him, albeit you
certainly talk about having cash saved up. I think if everyone had
their debt paid off the extra income would certainly help absorb some
inflation. Give options anyway.
-A
.

I very much like Dave Ramsey and recommend his book “The Total Money Makeover”. I like how he recommends staying out of debt, having a tight budget and living below your means. His advice regarding not buying new cars or taking leases is spot on. Buy your car cash. If you can’t, you certainly shouldn’t go into debt for it.
The only point I don’t agree with him is gold.
Dave calls gold a “lousy” investment and mentions the poor returns compared to other investments. That much is true, gold is a lousy investment but that’s because gold isn’t an investment at all. Gold is a commodity. Investments generate money for you, think interests or a property you put up for rent. Buying and selling gold won’t make you much money. You’re more likely to lose some given premiums and shipping. But for an economic collapse? Oh yes, that’s different. When something terrible happens and the dollar, Euro or whatever fiat currency starts devaluating at double digit rate per week, gold will hold its own and then some. In reality it’s just keeping its true value, plus the higher than normal premium due to market interest as an economic shelter.
At one point Dave says that a pair of blue jeans or a tank of gas are “very valuable”, but not gold coins and that canned soup “would have been a better hedged against a failed economy”. As someone that actually went through an economic collapse and has studied failed economies elsewhere around the world for years, I can tell you this just isn’t true. I’ve haggled and bought two pairs of very nice jeans at a black market in Buenos Aires for a fraction of the cost of a similar quality pair in USA or Europe. After the collapse, the business of buying and selling gold went up 500% in Argentina. Gold became so valuable it became a premium target for pickpockets and burglars, so much that its still just impossible to go around town with any visible gold jewellery.
Gold is not an investment. It is a commodity considered valuable throughout history, which goes up and down in price but overall remains a globally recognized form of wealth.
Besides, as someone that dealt with an economic collapse first hand I can assure you is that you can’t grab any other asset or investment, throw it in your pocket and make a run for the airport while the country falls apart around you.
Then again, this is why you take advice regarding economic collapse from me rather than Dave Ramsey! ;-)
FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

Wednesday, June 15, 2016

Deal Alert: Casio Tough Solar Pathfinder Triple Sensor for $99

9 hours left on this sale. Great tough solar watch very popular among military personel.