It’s two-and-a-half minutes to midnight…
And by midnight, I mean total global calamity. Here’s how it looks on the actual “Doomsday Clock”
A little too close for comfort, right?
It may sound dramatic, but if you’ve been paying attention, the world has been on edge for years now. We’ve watched helplessly as terrorist attacks, stock market crashes, and global political turmoil have enveloped the world. You’d be forgiven if you think the world is in complete disaster mode right now.
But it pales in comparison to what could happen if nuclear weapons reared their ugly head again…
Many of you know about the effects of the atomic bomb on the civilian populations of Nagasaki and Hiroshima. At least 129,000 people were killed in short order in the only use of nuclear weapons in wartime history.
Every second that brings us closer to Doomsday is another second that gives us plenty to be concerned about. Which brings us to this moment: a couple minutes until the complete destruction of the entire world.
This is obviously not where we want to be. I thought about this issue a lot last week, when I took a tour of the National Atomic Testing Museum in Las Vegas. I was immediately struck by the modest size of the replicas of both Little Boy and Fat Man — the two bombs responsible for the only major nuclear attack on humanity.
There was a replica of “Little Boy” — which seemed quite small for the damage it did to Hiroshima…
Little Boy weighed 9,700 pounds and was around 10 feet in length. It carried around 140 pounds of uranium and had an explosive force of 15,000 tons of TNT.
Fat Man — dropped on Nagasaki — weighed in at 10,800 pounds and had an explosive force of 21,000 tons of TNT.
These two small weapons were the warning shots that ushered in the Cold War — and the Doomsday Clock. The last time the Doomsday Clock was this close to midnight was 60 years ago.
The point is, it doesn’t take much to bring the world to the brink of annihilation. And if push comes to shove, how would you survive?
Guns, gold, land, water?
Fatalistic preppers are hardly the only ones that are preparing for the worst…
I’m sure many of you readers are among them. Whether it’s a nuclear catastrophe, a civil war, or any other “SHTF” scenarios, you should be prepared. Many Outsiders have been stockpiling food, gold, and guns for a while now. Personally, I’m putting the finishing touches on a wooded compound as we speak. You simply cannot be too prepared…
But — finally — others are waking up to the fact that you need to hope for the best — and be prepared for the worst. It’s not just “tin-foil hat” folk and anti-government zealots who are getting into the mix.
Even the richest people in the world — citizens who you’d never associate with the prepper community — are openly embracing survivalism as a hedge against this creeping dread. Hedge fund managers and Silicon Valley executives are preparing themselves for the end of the world as we know it.
Steve Huffman — the C.E.O. of Reddit (currently valued at over $600,000,000) — has just had laser-eye surgery in case the “shit hits the fan.”
“If the world ends—and not even if the world ends, but if we have trouble—getting contacts or glasses is going to be a huge pain,” he told the New Yorker. “Without them, I’m f*cked.”
“I own a couple of motorcycles. I have a bunch of guns and ammo. Food. I figure that, with that, I can hole up in my house for some amount of time.”
But that simply isn’t enough for the rest of the Silicon Valley crew. In a thrilling exposé titled Doomsday Prep for the Super-Rich, author Evan Osnos met with many millionaires who have the same paranoia….
Antonio García Martínez, a wealthy ex-Facebook product manager, bought himself five acres on an island to hedge against any coming unrest. He loaded the island up with power generators, solar panels, and more ammunition than you can count.
“I keep a helicopter gassed up all the time, and I have an underground bunker with an air-filtration system,” he said. “A lot of my friends do the guns and the motorcycles and the gold coins. That’s not too rare anymore.”
These guys have the means to prepare as much as they would like. One Silicon Valley billionaire estimated that over 50% of his peers have “apocalypse insurance” of some kind — meaning either a domestic or international hideaway.
But the typical mom-and-pop prepper should also do what they can to hedge against total catastrophe.
National Geographic found that “forty percent of Americans believed that stocking up on supplies or building a bomb shelter was a wiser investment than a 401(k).”
Here’s what you can do to protect your finances in the event of a catastrophe…
Introducing Mr. Jim Dines
There is one guy who has predicted almost every major market move in the last 60 years. Now he’s issuing an urgent final warning to Americans…
Jim Dines is a legend.
He began publishing his financial newsletter in 1960, and is credited as the first analyst on Wall Street to pound the table on gold, silver, and other precious metals. “The Original Goldbug!” as acknowledged in Barron’s.
At a time when being a goldbug was considered treasonous, he called for the yellow metal to rise from $35 an ounce to over $400.
Barron’s, on 14 Jan 1980, hailed Mr. Dines’ prediction a “one of the most fantastic investment calls on record.” But Dines isn’t a typical “perma-bear.” He makes his predictions based on reality… and he doesn’t just buy gold and hibernate.
- In December 1984, he recommended that his readers buy shares of an unknown company called Apple Computers… a company that would change the whole tech industry two decades later. You know what happened after that…
- In 1995, he recommended palladium at $131.50 an ounce, saying that inventories were going to run out and higher prices were inevitable. Palladium rose to $1,084 an ounce, for a gain of 724%.
- He turned bullish on uranium in 2000 when it was trading at $8 per pound. It rose to $150 per pound.
His forecasts have been shockingly accurate over the past decades. I don’t know of anyone else who can match his track record of success in the industry.
So, if you are as worried as I am about the state of the market today, I would highly suggest you do five things…
1) Buy Land
2) Buy Gold
3) Buy Firearms
4) Buy Food
5) Claim a free copy of Jim Dine’s book GOLDBUG!
This book is a must have. Everyone, from experienced investors to first timers, should read this book before they make another precious metals purchase. Mr. Dines sees the coming crisis as a huge opportunity. His book is the best way to educate yourself about what’s happening with the world economy and how to position yourself for profit.
