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Monday, 13 May 2013

One Year in Hell - Surviving a Total Collapse

Many in the precious metals world are expecting a collapse of some nature, whether it be a financial collapse or a complete "Mad Max Road Warrior" style collapse. The truth is simply owning gold and silver won't save you. It will most certainly help, but other goods are required as well. The following is a real life story from someone who HAS lived and survived a full on collapse. His story is a MUST read. It is not only interesting, but it is filled with a wealth of knowledge. Enjoy.



Selco's story of survival:

I am from Bosnia. You know, between 1992 and 1995, it was hell. For one year, I lived and survived in a city with 6,000 people without water, electricity, gasoline, medical help, civil defence  distribution service, any kind of traditional service or centralized rule.

Today, me and my family are well-prepared, I am well-armed. I have experience.


It does not matter what will happen: an earthquake, a war, a tsunami, aliens, terrorists, economic collapse, uprising. The important part is that something will happen.


The following is my experience:

Our city was blockaded by the army; and for one year, life in the city turned into total crap. We had no army, no police. We only had armed groups; those armed protected their homes and families.

When it all started, some of us were better prepared. But most of the neighbours  families had enough food only for a few days. Some had pistols; a few had AK-47s or shotguns.

After a month or two, gangs started operating, destroying everything. Hospitals, for example, turned into slaughterhouses. There was no more police. About 80 percent of the hospital staff were gone. I got lucky. My family at the time was fairly large (15 people in a large house, six pistols, three AKs), and we survived (most of us, at least).

The Americans dropped MREs every 10 days to help blockaded cities. This was never enough. Some — very few — had gardens. It took three months for the first rumours to spread of men dying from hunger and cold. We removed all the doors, the window frames from abandoned houses, ripped up the floors and burned the furniture for heat. Many died from diseases, especially from the water (two from my own family). We drank mostly rainwater, ate pigeons and even rats.

Money soon became worthless. We returned to an exchange. For a tin can of tushonka (think Soviet spam), you could have a woman. (It is hard to speak of it, but it is true.) Most of the women who sold themselves were desperate mothers.

Arms, ammunition, candles, lighters, antibiotics, gasoline, batteries and food. We fought for these things like animals. In these situations, it all changes. Men become monsters. It was disgusting.

Strength was in numbers. A man living alone getting killed and robbed would be just a matter of time, even if he was armed.

Today, me and my family are well-prepared, I am well-armed. I have experience.

It does not matter what will happen: an earthquake, a war, a tsunami, aliens, terrorists, economic collapse, uprising. The important part is that something will happen.

Here’s my experience: You can’t make it on your own. Don’t stay apart from your family; prepare together, choose reliable friends.

1. How to move safely in a city

The city was divided into communities along streets. Our street (15 to 20 homes) had patrols (five armed men every week) to watch for gangs and for our enemies.

All the exchanges occurred in the street. About 5 kilometres away was an entire street for trading, all well-organized; but going there was too dangerous because of the snipers. You could also get robbed by bandits. I only went there twice, when I needed something really rare (list of medicine, mainly antibiotics, of the French original of the texts).

Nobody used auto-mobiles in the city: The streets were blocked by wreckage and by abandoned cars. Gasoline was very expensive. If one needed to go somewhere, that was done at night. Never travel alone or in groups that were too big — always two to three men. All armed, travel swift, in the shadows, cross streets through ruins, not along open streets.

There were many gangs 10 to 15 men strong, some as large as 50 men. But there were also many normal men, like you and me, fathers and grandfathers, who killed and robbed. There were no “good” and “bad” men. Most were in the middle and ready for the worst.

2. What about wood? Your home city is surrounded by woods; why did you burn doors and furniture?

There were not that many woods around the city. It was very beautiful — restaurants, cinemas, schools, even an airport. Every tree in the city and in the city park was cut down for fuel in the first two months.

Without electricity for cooking and heat, we burned anything that burned. Furniture, doors, flooring: That wood burns swiftly. We had no suburbs or suburban farms. The enemy was in the suburbs. We were surrounded. Even in the city you never knew who was the enemy at any given point.

3. What knowledge was useful to you in that period?

To imagine the situation a bit better, you should know it was practically a return to the Stone Age.

For example, I had a container of cooking gas. But I did not use it for heat. That would be too expensive! I attached a nozzle to it I made myself and used to fill lighters. Lighters were precious.

If a man brought an empty lighter, I would fill it; and he would give me a tin of food or a candle.

I was a paramedic. In these conditions, my knowledge was my wealth. Be curious and skilled. In these conditions, the ability to fix things is more valuable than gold.

Items and supplies will inevitably run out, but your skills will keep you fed.

I wish to say this: Learn to fix things, shoes or people.

My neighbour, for example, knew how to make kerosene for lamps. He never went hungry.

4. If you had three months to prepare now, what would you do?

Three months? Run away from the country? (joking)

Today, I know everything can collapse really fast. I have a stockpile of food, hygiene items, batteries — enough to last me for six months.

I live in a very secure flat and own a home with a shelter in a village 5 kilometres away. Another six-month supply there, too. That’s a small village; most people there are well-prepared. The war had taught them.

I have four weapons and 2,000 rounds for each.

I have a garden and have learned gardening. Also, I have a good instinct. You know, when everyone around you keeps telling you it’ll all be fine, but I know it will all collapse.

I have strength to do what I need to protect my family. Because when it all collapses, you must be ready to do “bad” things to keep your children alive and protect your family.

Surviving on your own is practically impossible. (That’s what I think.) Even you’re armed and ready, if you’re alone, you’ll die. I have seen that happen many times.

Families and groups, well-prepared, with skills and knowledge in various fields: That’s much better.

5. What should you stockpile?

That depends. If you plan to live by theft, all you need is weapons and ammo. Lots of ammo.

If not, more food, hygiene items, batteries, accumulators, little trading items (knives, lighters, flints, soap). Also, alcohol of a type that keeps well. The cheapest whiskey is a good trading item.

Many people died from insufficient hygiene. You’ll need simple items in great amounts. For example, garbage bags. Lots of them. And toilet papers. Non-reusable dishes and cups: You’ll need lots of them. I know that because we didn’t have any at all.

As for me, a supply of hygiene items is perhaps more important than food. You can shoot a pigeon. You can find a plant to eat. You can’t find or shoot any disinfectant.

Disinfectant, detergents, bleach, soap, gloves, masks.

First aid skills, washing wounds and burns. Perhaps you will find a doctor and will not be able to pay him.

Learn to use antibiotics. It’s good to have a stockpile of them.

You should choose the simplest weapons. I carry a Glock .45. I like it, but it’s a rare gun here. So I have two TT pistols, too. (Everyone has them and ammo is common.)

I don’t like Kalashnikov’s, but again, same story. Everyone has them; so do I.

You must own small, unnoticeable items. For example, a generator is good, but 1,000 BIC lighters are better. A generator will attract attention if there’s any trouble, but 1,000 lighters are compact, cheap and can always be traded.

We usually collected rainwater into four large barrels and then boiled it. There was a small river, but the water in it became very dirty very fast.

It’s also important to have containers for water: barrels and buckets.

6. Were gold and silver useful?

Yes. I personally traded all the gold in the house for ammunition.

Sometimes, we got our hands on money: dollars and Deutschmarks. We bought some things for them, but this was rare and prices were astronomical. For example, a can of beans cost $30 to $40. The local money quickly became worthless. Everything we needed we traded for through barter.

7. Was salt expensive?

Yes, but coffee and cigarettes were even more expensive. I had lots of alcohol and traded it without problems. Alcohol consumption grew over 10 times as compared to peacetime. Perhaps today, it’s more useful to keep a stock of cigarettes, lighters and batteries. They take up less space.

At this time, I was not a survivalist. We had no time to prepare — several days before the shit hit the fan. The politicians kept repeating over the TV that everything was going according to plan, there’s no reason to be concerned. When the sky fell on our heads, we took what we could.

8. Was it difficult to purchase firearms? What did you trade for arms and ammunition?

After the war, we had guns in every house. The police confiscated lots of guns at the beginning of the war. But most of them we hid. Now I have one legal gun that I have a license for. Under the law, that’s called a temporary collection. If there is unrest, the government will seize all the registered guns. Never forget that.

You know, there are many people who have one legal gun, but also illegal guns if that one gets seized. If you have good trade goods, you might be able to get a gun in a tough situation. But remember, the most difficult time is the first days, and perhaps you won’t have enough time to find a weapon to protect your family. To be disarmed in a time of chaos and panic is a bad idea.

In my case, there was a man who needed a car battery for his radio. He had shotguns. I traded the accumulator for both of them. Sometimes, I traded ammunition for food, and a few weeks later traded food for ammunition. Never did the trade at home, never in great amounts.

Few people knew how much and what I keep at home.

The most important thing is to keep as many things as possible in terms of space and money. Eventually, you’ll understand what is more valuable.

Correction: I’ll always value weapons and ammunition the most. Second? Maybe gas masks and filters.

9. What about security?

Our defenses were very primitive. Again, we weren't ready, and we used what we could. The windows were shattered, and the roofs in a horrible state after the bombings. The windows were blocked — some with sandbags, others with rocks.

I blocked the fence gate with wreckage and garbage, and used a ladder to get across the wall. When I came home, I asked someone inside to pass over the ladder. We had a fellow on our street that completely barricaded himself in his house. He broke a hole in the wall, creating a passage for himself into the ruins of the neighbour's house — a sort of secret entrance.

Maybe this would seem strange, but the most protected houses were looted and destroyed first. In my area of the city, there were beautiful houses with walls, dogs, alarms and barred windows. People attacked them first. Some held out; others didn't. It all depended how many hands and guns they had inside.

I think defence is very important, but it must be carried out unobtrusively. If you are in a city and SHTF comes, you need a simple, non-flashy place, with lots of guns and ammo.

How much ammo? As much as possible.

Make your house as unattractive as you can.

Right now, I own a steel door, but that’s just against the first wave of chaos. After that passes, I will leave the city to rejoin a larger group of people, my friends and family.

There were some situations during the war. There’s no need for details, but we always had superior firepower and a brick wall on our side.

We also constantly kept someone watching the streets. Quality organization is paramount in case of gang attacks.

Shooting was constantly heard in the city.

Our perimeter was defended primitively. All the exits were barricaded and had little firing slits. Inside we had at least five family members ready for battle at any time and one man in the street, hidden in a shelter.

We stayed home through the day to avoid sniper fire.

At first, the weak perish. Then, the rest fight.

During the day, the streets were practically empty due to sniper fire. Defences were oriented toward short-range combat alone. Many died if they went out to gather information, for example. It’s important to remember we had no information, no radio, no TV — only rumours and nothing else.

There was no organized army; every man fought. We had no choice. Everybody was armed, ready to defend themselves.

You should not wear quality items in the city; someone will murder you and take them. Don’t even carry a “pretty” long arm, it will attract attention.

Let me tell you something: If SHTF starts tomorrow, I’ll be humble. I’ll look like everyone else. Desperate, fearful. Maybe I’ll even shout and cry a little bit.

Pretty clothing is excluded altogether. I will not go out in my new tactical outfit to shout: “I have come! You’re doomed, bad guys!” No, I’ll stay aside, well-armed, well-prepared, waiting and evaluating my possibilities, with my best friend or brother.

Super-defences, super-guns are meaningless. If people think they should steal your things, that you’re profitable, they will. It’s only a question of time and the amount of guns and hands.

10. How was the situation with toilets?

We used shovels and a patch of earth near the house. Does it seem dirty? It was. We washed with rainwater or in the river, but most of the time the latter was too dangerous. We had no toilet paper; and if we had any, I would have traded it away.

It was a “dirty” business.

Let me give you a piece of advice: You need guns and ammo first — and second, everything else. Literally everything! All depends on the space and money you have.

If you forget something, there will always be someone to trade with for it. But if you forget weapons and ammo, there will be no access to trading for you.

I don’t think big families are extra mouths. Big families means both more guns and strength — and from there, everyone prepares on his own.

11. How did people treat the sick and the injured?

Most injuries were from gunfire. Without a specialist and without equipment, if an injured man found a doctor somewhere, he had about a 30 percent chance of survival.

It ain’t the movie. People died. Many died from infections of superficial wounds. I had antibiotics for three to four uses — for the family, of course.

People died foolishly quite often. Simple diarrhea will kill you in a few days without medicine, with limited amounts of water.

There were many skin diseases and food poisonings… nothing to it.

Many used local plants and pure alcohol — enough for the short-term, but useless in the long term.

Hygiene is very important, as well as having as much medicine as possible — especially antibiotics.


- Sources, the Silver Doctors and the Survivalist Boards:


Fallacy - Silver is Trading Like a Base Metal

"The notion that silver has been recently trading more like a base metal is more a fallacy than fact. When the public realizes the true value of the monetary metals, it will be too late for them. Indeed this will be the greatest irony of all time – massive demand with no available supply.

Some of the top technical analysts have been stating that the reason why the price of silver has not held up as well as gold is due to the fact that silver trades more like copper than gold. Basically, if the “King” of the base metals suffers… so will silver. While this makes good press, the reality is much different..."

- Source, Silver Doctors, read the full article here:



Saturday, 4 May 2013

The Tax Free World

As seen on ZeroHedge:

"Where do multinationals pay taxes and how much?" Gaining insight from international tax experts, this excellent documentary takes a look at tax havens, the people who live there and the routes along which tax is avoided globally. As we have previously discussed in great detail, those routes go by resounding names like 'Cayman Special', 'Double Irish', and 'Dutch Sandwich' amid a financial world operating in the shadows surrounded by a high level of secrecy where sizable capital streams travel the world at the speed of light and avoid paying tax. 'The Tax Free Tour' explains the systemic risk for governments and citizens alike. Is this the price we have to pay for globalized capitalism? At the same time, the online game "Taxodus" provides an interactive guide to hiding your company's cash. In the game, the player can select the profile of a multinational and look for the global route to pay as little tax as possible.

The Documentary:




Taxodus - The Game explained:




Taxodus - The Game: (click image for game link)

Saturday, 27 April 2013

Andrew Maguire on Manipulation of Gold Prices


"Guest Andrew Maguire, talks about the gold and silver price manipulation by the central banks, governments, and other banksters."

- Source, Keiser Report:

Buy Gold & Silver at GoldSilver.com, one of the largest and most trusted names in the industry!

Thursday, 25 April 2013

Silvers Best Day in 15 Months!

"In all the excitement over gold, silver has been largely ignored or forgotten. Today, it was the poor man's gold's turn to state a dramatic comeback posting its biggest single-day jump in 15 months. Having now retraced the Fibonacci 38.2% level of the record plunge, it appears $25 is the next target - which is around 50% retracement levels."

- Excerpt from a recent Zero Hedge article, read the full article here:

Wednesday, 24 April 2013

Jim Sinclair - The Beginning Of The End For The Gold Shorts

Eric King: “Jim, what will be the net result of the failure of the paper gold market?”

Sinclair: “It will release the tools of manipulation and allow the physical price of gold to find its own level. It will also lead to a tidal wave of demand for physical gold. The failure of the paper market will be as if you pulled back the curtain from the real condition of gold, which is currently in very short supply.
The bottom line here is the failure of the paper market in gold is going to result in extraordinarily increased demand for the physical metal, and a new record high price as the physical market for gold begins to take its rightful place as the lead price setting mechanism. This will also be the beginning of the end for the gold shorts.”

- Excerpt from a recent King World News interview, read the full interview here:

Saturday, 20 April 2013

Why Did Silver & Gold Collapse?


"In a review of the reasons the gold and silver prices collapsed, Mike Maloney spoke with Chris Martenson of Peak Prosperity.

Dr. Martenson is a scientist at his core. His Ph.D. is from Duke University, and his MBA in Finance was earned at Cornell. For Dr. Martenson, reaching conclusions simply results from the data, and when it comes to gold and silver, the data is shocking.

From the 4,500 tons of missing gold Eric Sprott pointed to in U.S. export figures, to the 300-ton German gold repatriation, the questions of who benefitted from the plummeting prices and how are all answered in this blockbuster video.

Learn how unsophisticated investors got "fleeced," and how this price event and media blitz may go down as one of "the cruelest jokes ever played on the people who get scared away from gold and silver at this moment in history, given where we are."

This is the first time in history in which currencies around the globe are failing simultaneously, as more and more currency is printed, and confidence in this mathematically untenable system under which debt is "money" collapses.

As gold and silver's true values are realized, in the market or by revaluation, we will witness the greatest transfer of wealth ever seen in human history. Episode One of Hidden Secrets of Money, our free series, expands on the big picture view—the cycle of behavior across history revealed as it progresses toward the ultimate resolution."


- Source, Gold Silver.com:


Thursday, 18 April 2013

Force Majeur Was The End Game All Along - COMEX to Default

The COMEX will default in the next week or several weeks and people will be “settled” with Dollars, no more metal will be delivered! So, knowing that “game over” has arrived, they are dumping a massive volume of paper contracts with impunity to push the metals prices as low as possible before the “default”. This way the “shorts” do not have to and will not be “covered” when “supply” cannot be obtained because of “an act of God”. They will be settled in cash (at a profit no less) because these “unforeseen” disruptions in supply. “Who could have seen it coming?” will be the mantra. 

 I would suspect that banking stress and “bail ins” will also become prevalent globally. The pricing structure” will now push any and all physical sellers away from the markets and the “door” to safety is effectively being shut. Either you own metal or you don’t.

After the closure of the COMEX and LBMA doors there will be no availability and “price” will be meaningless. Your ability to protect yourself is right now for all intents and purposes being eliminated.

- Source Silver Doctors, read the full article here:

Tuesday, 16 April 2013

Why I Favor Silver Over Gold



Chris Duane of "The Greatest Truth Never Told" released an amazing video breaking down why you should choose silver over gold as your primary investment of Choice. 

I am a strong advocate of diversification and believe that you should have a portion of your income divided into both gold and silver, although I strongly lean towards silver as my primary investment.

As explained nicely in this video, silver is not only a monetary metal like gold, but is also an industry metal that is being rapidly consumed and is in just about everything we use in our modern lives.

The reasons to invest in silver are countless. I believe this video does an amazing job at breaking down the pro's and con's of both metals. It is definitely worth 12 minutes of your time.

Sunday, 14 April 2013

Cyprus - Exiting The Euro Is A Debate We Must Have

Last week we laid out the apparent 'blueprint' from the EU Commission for every other country with a banking system in which non-performing loans are soaring. With Mario Draghi's patsy in place at the Cypriot Central Bank, happy to hand over the nation's gold at the beck-and-call of the EU leaders - despite the Cypriot President's disgust at the 'coercion' of the new deal chiding the central bank for "catching the government by surprise," it now seems, as this Cyprus Mail op-ed explains, that the people of this nation are ready for change - real change, , otherwise, "we may wake up one morning and find the country has completely shut down, crushed under the weight of its mounting, unserviceable debts with no banks, businesses or services able to operate."

- Excerpt from a recent Zero Hedge post, read the full post here:

Alf Fields - Gold Could be at a Major Low

"Late Friday afternoon in New York (April 12, 2013) gold plunged through the critical support level around $1525 level that has held resolutely since the start of this 19 month correction from $1900 in September 2011. In the process of this sudden drop, confidence in gold by long term investors has been badly shaken.

The sad thing is that this late afternoon selloff was an orchestrated event by people wishing to see the gold price lower so that they could cover short positions in the paper gold markets. Proof of this is that London PM fixing on Friday was $1535. Once the London physical market closed, the orchestrated selling in the paper markets gathered momentum. By the close of the Comex paper gold market, gold had dropped $60 in just the last couple of hours on very high volume.

This is not something new. Observers of the gold market have been aware of many other occasions where similar events on a smaller scale have taken place on Friday afternoons. There is little point getting one’s knickers in a knot about this because every short sale in the paper market has to be covered by a corresponding purchase in due course. Thus if people who bought into the selling spree simply hold onto their positions, a short squeeze will eventually develop as the short sellers try to cover their positions, causing the gold price to rise.

Often the physical markets come to the rescue as the lower prices generated by the Friday selloff sparks increased buying in the physical markets, helping to spur the recovery. The result is that the price of gold recovers fairly quickly after a Friday afternoon selloff. The coming week will show whether this happens again this time.

In January this year I published an article indicating that there seemed to be a reasonable chance that the long gold correction was over. That article indicated that if gold dropped below $1636, that the analysis was incorrect and that something else was happening. Gold did drop below $1636 and has continued to decline, proving that the January analysis was faulty.

At that time last January I had assumed that the rise from $1540 to $1790 in 2012 was the first upleg of the new bull market and that the correction to $1636 was the first minor correction of the new bull market. These were incorrect assumptions. The big correction from $1900 in September 2011 was still under way. The low had still to be reached.

In my Keynote speech to the Sydney Gold Symposium in 2011 I had a target of $1480 for the low of the expected correction. Despite several plunges into the low $1500’s, the price never achieved that $1480 target. The low price for Comex was $1523 and the lowest PM fixing was $1531 in late December 2011.

It bothered me from time to time that gold had not achieved my target. Now the late Friday selloff last week has driven the gold price to a closing level of $1477, finally reaching the target of $1480 set 19 months ago. What remains to be seen is whether this target holds and that the bull market resumes. The coming weeks should indicate what is happening.

What we need to look for is a swift recovery to above $1500 and an ongoing strong up-move in a truly impulsive manner. The fundamentals for holding gold are as strong as ever. Gold is an insurance against a range of financial disasters that we don’t need to go into now. You do not cancel your fire insurance when you can see fires burning all around you.

Certainly confidence in gold has been shaken and sentiment indicators are at record lows in some cases. This is exactly what one would expect at a major low in the market after a brutal 19 month correction. The conclusion is that factors are now in place which could support a major low in the gold price."

- Alf fields, via JSMineset.com:

Tuesday, 2 April 2013

Ron Paul - The Great Cyprus Bank Robbery

"Remember that under a fractional reserve banking system only a small percentage of deposits is kept on hand for dispersal to depositors. The rest of the money is loaned out. Not only are many of the loans made by these banks going bad, but the reserve requirement in Euro-system countries is only one percent! If just one euro out of every hundred is withdrawn from banks, the bank reserves would be completely exhausted and the whole system would collapse. Is it any wonder, then, that the EU fears a major bank run and has shipped billions of euros to Cyprus? The elites in the EU and IMF failed to learn their lesson from the popular backlash to these tax proposals, and have openly talked about using Cyprus as a template for future bank bailouts. This raises the prospect of raids on bank accounts, pension funds, and any investments the government can get its hands on. In other words, no one's money is safe in any financial institution in Europe. Bank runs are now a certainty in future crises, as the people realize that they do not really own the money in their accounts. How long before bureaucrat and banker try that here?"

- Source, ZeroHedge, read the full article here: