Major Announcement: I'm Done Here.

My first post for this free "legacy" blog was done in February of 2010.  The goal of this blog was to be an ad-free act of charity to the world where I would share what I know and try to help people prepare for what I knew (and still know) is coming.  So many of my predictions have come true that I hope people realize that, while nobody knows exactly how a non-linear system will play out, that the uncertainty is mainly in terms of time and not final outcome.  My world view has proven to be very close to actual reality and momentum continues to build in the indicated direction.

The final outcome will be that the US loses the ability to print currency up out of thin air and continue to have people accept it as if it were real.  I think we are a few years away from a deflationary crash, after which we will go into hyperinflation.  So let's say things peak in 2023 and 2024 and then deflationary crash for many years.  Like 10 or 15.  Following that, hyperinflation.

Once the US loses the ability to buy temporary (i.e. fake) loyalty with its Mammon Money, the USA will break down into a series of smaller sovereigns, just like the USSR did into Russia + the x-stahns.  NOBODY and I mean no damned body except me is saying this right now.  Only after it finally happens will others finally see with this same clarity what is true and what is not true that I see with right now.  When it happens, Johnny-come-latelies with bully pulpits will say that it was obviously going to happen but I've been warning for a decade that this will be the outcome.  And remember who came up with the notion that GDP actually stands for Global Debt Ponzi.  It was me, and nobody else, period.

Other options are possible and of course I will adjust my own views in real time as needed.  I will continue to provide those views to my paid subscribers.  But the subscription service doesn't spend much time highlighting social issues, etc.  It's simply a market timing resource.

One of the main reasons I am choosing to make this my last legacy blog post is because I will be moving to the Bahamas very soon and starting a whole new life there.  It's incredibly exciting even though its a ton of work and by no means cheap.  But the exponential rise in US housing prices will pay for the move, and then some.  

I'm moving from my 2650 sq ft land locked home in Texas that is nowhere near any water to a 2800 sq ft canal front home which is about 8 minutes to the ocean at dead idle speed.  I can walk to the beach in 10 minutes.  The Bahamas home total, after complete renovation has been done, is about $325k.  I'm talking new roof, 3 new air conditioners, new interior room layout (i.e. interior walls moved), new ceiling (removed popcorn and had it textured) new kitchen, new dock and pilings, new exterior paint and exterior architectural upgrades.  I'll sell my Texas home for perhaps $525 and walk away with $485k after repairs and 6% realtors fees.  So I will have a bigger, newer place in a much nicer location which has no annual property tax while pocketing net $160k.

Once I'm there I will probably want to write about the expat experience, local adventures, boating stuff, fishing trips, etc. Writing keeps the mind sharp but it is time consuming and so something has to go by the wayside in order to make time for something new and a lot more fun.

Thanks to all who have followed this blog for the last decade and especially to those who have taken the time to write the occasional comment.  

I'll say one more time as I turn out the lights on this site: BUY PHYSICAL SILVER and just hold onto it.  It is the most undervalued physical commodity metal out there and it will never go worthless on you.  It can never be taxed.  It can never be tracked.  If you need to store larger amounts of your earned wealth outside of fake paper currency, I suggest that gold is never a bad bet but platinum will be outperforming gold in dollar terms for the next decade IMO.

Economati Blogspot will remain online for now.  But this will be my last post.  Those of you who know me should be able to find me online in other places sometime in the next few months.  To all my readers I say, good health, good fortune, and good bye.