G.O.T.S….”RIGHT NOW you must exit the system!”
By Bill Holter
GoldSeek.com
Wednesday, 27 May 2015
Jim has asked me to review “G.O.T.S.” (Get Out of The System) with you and comment on it. From a timing standpoint, I can tell you he is as adamant as I’ve ever seen, now, RIGHT NOW you must exit the system! You will not be afforded the opportunity if you are even one second too late!
Dear CIGAs,
For your convenience, here is the GOTS check list.
1. Your equities are held in certificate form or direct registration
2. You have no Federal sponsored retirement funds such as 401K etc.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries or BRIC protectorates like Singapore.
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses. That is cash, not plastic with credit open
8. You have no consumer debt at all. Pay it down or off.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.
12. 33 1/3% of your liquid net worth is in gold and silver or according to your preference.
The above is by no means a complete checklist. Please keep in mind, not everyone even has the ability to attain the position of this checklist because they simply cannot afford to. In a perfect world, the above checklist would be a “start” only and situated on a private island, preferably with other like minded people.
Let’s break this list down into groups. Numbers 1-4 pertain to your “paper assets”. When the system comes down and is reset, do not count or rely on your paper wealth as an “asset”. There are two problems, first whether your institution will even survive and then of course whether the paper itself retains value. The basic premise is to rely as little as possible on paper and the institutions holding that paper. #4 is notable because having some capital outside of the West and within the BRICS ahead of time will leapfrog any capital controls put in place.
The Rest…HERE
