Dear Jim,

As an Australian expat overseas, I’ve been reading stories of the bushfires there. They are unbelievable stories, but a common theme seems to be, everyone could sense a disaster looming, but when it actually came, it was so much faster, bigger, and more terrifying than anything anyone could have imagined. As I read the stories I can’t help but feel they are a picture of what is coming financially.

Thanks for all your work, and tireless warnings,

CIGA Darren

These are some of the most incredible stories I have read.

"How we cheated the flames of death"

"Where the hell is everyone "

"No Phoenix of hope arising from the ashes" Gary Hughes

Happy V Day Jim,

Thank you for your selflessness, time and effort to see the community is safe. I’ve been reading JSMineset for a couple of years but forgive me ,as I’m not clear on all elements of protection, specifically retirements accounts. I remember your writings regarding true custodial accounts and the correct ‘titling" of such accounts. However, you recently wrote about the democratic party’s hearings on confiscation of IRAs/401ks etc. That makes me think I might want to liquidate my IRAs and take the tax hit! Presently I’m engaged in having the custodial agreement looked at by an attorney, ( as a very wise man has suggested). Would this be considered protection?

If I may ask a second question, do you suggest a second home outside of a major city due to crime/riots etc?

Thanks again and best of luck with the new puppies!

CIGA Lisa

Dear Lisa,

1. The process you are working on is to protect yourself from getting tied up in bankruptcy court concerning your assets.

2. This process you are asking about is protection from your government.

3. What Uncle gives you can be sure Uncle can take back.

4. I doubt that either gold or retirement accounts will be confiscated because an uprising of the public is waiting to happen just because of unemployment and terror concerning melted paid in retirement programs. The temptation to press hard will be cushioned by problems emanating from nothing else but the trend already in motion.

5. As a minimum do not add to mistakes by putting any additional funds in tax attractive retirement accounts.

6. Gold and related assets are the only means of guaranteeing retirement.

Regarding a second home:

I live in Bubbaville. That has its own problems.

My new neighbour, a Mr. Ram whose is a refugee from NYC not yet in residence, gave me a wood pile he had. Unbeknownst to me, he also gave the wood pile to a local Bubba. Those things can result in a shootout. It got real close.

Study well where you move and make sure you are up to it. I am.

Respectfully,
Jim