In terms of the data overall, among 163 countries Turkey was ranked seventh-best for expats, after Switzerland, Singapore, Canada, Spain, New Zealand, and Australia.
The European Union wouldn’t let Turkey in ‘elhamdulillah’ meaning we ruled out Euro Greek Cyprus for the cheap seats in Turkish Lira Antalya. Until 2018 a dollar would buy 7/8ths of a Euro or 3.67 Liras,
That 44% currency devaluation has brought investors from Europe, Russia and Mideast to own more than half of the real estate in Antalya. However, the coming financial Apocalypse has encouraged the locals as well as resident expats open gold bank accounts.
Currently billing my 3rd Life: ‘Fortuneteller’ upgraded on LinkedIn as a Astro-Psychometrician – A psychometrician is someone who practices the science of educational and psychological measurement, or in other words, testing. An Astro-Psychometrician is a 1st Life Architect- 2nd Life Goat Farmer who asks you: When’s Your Birthday?
Travailing to Houston with an expired driver’s license and without Jane Marie, meant I had to find a way to get from George Bush to Wharton. A 78 mile 1hr 23min one way taxi ride in Turkey might cost $50 versus $250 in America. MaryKarmen and Abundio the entire workforce of the Anala Goat Company, now living in Inez, saved me both ways, and better yet, hosting me at the best Mexican restaurant in Wharton.
The Loredo family and I share Expat status. After I flashed my Turkish Green Card (Kimlik), I inquired if they were still waiting for adoption by their 18 year old daughter? Claro que si!
Diego now 14 tells me in non-denominational Tejano English that he goes to a ‘white’ kids school in the little town of Vanderbilt, TX, plays on the football team and loves to fish.
Abundio gave up goats for hourly game warden duty on a deer ranch, where he camps out at night to shoot coyotes with his night vision rife. Getting paid for hunting sounds a lot better than milking fifty goats and three cows.
No sooner had I submitted this analysis than President Erdoğan of Turkey made the following remarks in response to a currency crisis in his country: “Those who keep dollar or euro currency under their mattresses should come and turn them into liras or gold.” – Jim Rickards
First day back home I went to see my July 2nd HSBC Turkish banker. The last time I had a face to face conversation with an American banker was with Tommy Schilling at our weekly Follett Lions club luncheons, catered by Grandpa’s quick stop.
I have spent November and 3/4 ths of December telling everybody on two cruise ships, as well as friends & family in Houston, Monterey, Sonoma and Iowa City, that Turkey is the only country in the world with Gold bank accounts.
Ms July 2nd advised me that now was a good time to buy dollars with gold since $$ were going up against the Lira. Last year, her HSBC Istanbul HQ currency account transfer tip garnered $145 on the swap.
The week before Thanksgiving until the first business day in January was my emotional demilitarized zone. Since 2008, first in Mainland China and the last four years in Antalya. Turkey, I had avoided crossing the Happy Holidays DMZ.
The Karmic gods finally caught up with me when Jane Marie and I were reunited with her ex and their oldest daughter, with the mission of driving the daughter-father gifted car from Santa Rosa California to Iowa City, Iowa.
To add spice to the journey there was to be a stopover in Salt Lake City to break bread with the ex’s son from an previous marriage.
The Siri GPS experience worked well all the way to Salt Lake and back on our I-80 East route to our next stop Sidney, Nebraska, except when Siri suggested an alternate route via Baggs, WY. A turn left at Howard Street led to a road closed November-May blockage and asking the Baggs-lady what do we do now?
Jane “The Caretaker” doged the deer to Craig, turned north to Steamboat in time to catch the night skiers and then passed the Siri baton to Willie “The Loner” for the Rabbit Ears Pass Challenge. As the recently gifted owner of the car – a 7th of August Leo SIX of Diamonds, the Card of “Financial Responsibility” and the only even numbered card of our auto bound therapy threesome, Willie “The Loner” got the call.
Even numbers do better in the mundane world, odd numbers weigh-in matters of the spiritual realm. Jane and I, both JACKS (the eleventh card), as well as definitely odd, prayed for Willie.
Willie proceeded with caution but ever upward – Steamboat Springs at 6,732′ already had enough snow to ski but neither Siri nor the locals knew what lie ahead. Not too worry, Willie took care of the ‘NOW’ and within an hour we were over the top and our way to Walden.
Willie, energized by passing the pass with flying colors, was eager to continue on to Ft. Collins for a hookup with I- 80 but for the grace of Walden, we were destined to spend the night..
There were four options on Main Street in downtown Walden. Jane Marie turned down the first three b/c of the $75 room charge. I, “The Avoider” got the 4th and last chance to get off the road. The clerk was not in a negation mood b/c the motels close down from Thanksgiving until May and he was leaving in the morning for Florida.
My Corps logo USAA credit card got me a 20% discount as the Millennial ‘Jarhead’ showed me this triple triangle tattoo representing the 37 brothers he lost in his tour of Afghanistan and participation in the documentary Combat Obscura.
The threat of permanent gold backwardation is one that, in my view, casts a dark shadow on the future of our civilization much the same way as the disappearance of gold from commerce cast one in 476 A.D., the year when the Western half of the Roman Empire collapsed, world trade succumbed to barter, law and order broke down, and centuries of Dark Age descended upon Western Europe.
The Chicago Mercantile Exchange (CME) (or “the Merc“)
The July farmer expects to harvest 100 bushels of wheat in October, the current or spot price is $5 but the future October price is $7 – that’s Contango. There is a drought, the expected supply shrinks, the spot price is now $8 while November December futures are back to $6 or $5 – that’s Backwardation, the demand for the existing supply let’s the farmer take the $8 and tear up his contract (hedge) for the $7.
All physical commodities work this way you either have the pigs or you don’t: OCT 19 Hogs are at $66.525, up $3.000, DEC 19 Hogs are at $66.225, up $2.850 FEB 19 Hogs are at $74.175, up $2.750 — provided by Brugler Marketing & Management
Gold futures trading has only a brief history of about forty years. It was totally unknown under the gold standard. It started in the early 1970’s at the Winnipeg Commodity Exchange in Canada, when the ban on Americans to own and trade monetary gold was still in force. In 1975 the ban was lifted and trading gold futures shifted to COMEX in New York.
One ounce of gold in 1920 cost $260. Running that through the CPI calculator says it should be $3,456 for that same ounce. I got married in 1973 and the gold bands cost $90/oz for a CPI adjusted value of $512 compared to today’s spot price of $1,544. The last time gold was in the 500’s was 2006, ipso facto the CPI only keeps score, on the low side at that, for the USD, not real money.
When De Gaulle called up Tricky Dick in 1971 and asked for his gold to pay for all that French wine that LBJ & Nixon had purchased to celebrate the ‘Great Society’ and evacuation of ‘Nam,’ Dick stiffed the frogs. Closing the gold window opened the door of the Winnipeg Commodity Exchange and the FOREX casino.
When we were on the gold standard there wasn’t a whole lot of trading going on but the COMEX and FOREX brought Las Vegas to Wall Street with a version of Keno called trading pairs : EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD. The CNY renminbi is not there because it is a blocked currency or as Trump claims ‘manipulated.’
The big comeuppance in the threat of permanent gold backwardation is the money printing majors and the manipulators are never going to dance the Contango again. The USD and the Federal Reserve have lost their reason for being. Yes, the dollar is still the best of the fiat ‘monopoly‘ money but it takes more and more Federal Reserve notes to buy the same amount of real money, Gold.
The haves, have gold, real estate and no debt; the have-not’s, have no gold, no paid-off real estate, lots of debt and hardly even any ‘monopoly’ money.
“The only time the American farmer made money was from the end of the Civil War to WWI.”
The United States actually did not return to a gold standard until 1879. However, by 1870, most of the rubble of the Civil War, including the floating “greenback” dollar, had been cleared up. However, the American farmer no longer had to compete with slavery and started receiving ‘hard currency’ for his production.
Cash Crops Mean Farmer Sovereignty
100 square bales: Here was the thought, on 50 acres you would get 100 square bales per acre, which is a conservative number. If we do the math, that works out to be. 100 bales x 50 acres = 5000 bales of hay for 50 acres of land.
How many large bales of hay can you get per acre? In general, you can get as much as 5 large rounded hays that have weigh 1000 lbs. each, per acre on average. Some farmers also give a rough estimate of 100 small bales of hay per acre. We paid $5/bale x 100 = $500/acre gross.
How much is a ton of hay cost? Keep in mind that grass hay bales are usually lighter than alfalfa. The Internet Hay Exchange lists average prices of $121 a ton for grasshay and $165 for alfalfa. Save money by buying in bulk, as in a semi-truckload, or buying bales still in the field. Dec 11, 2016
How Does the Farmer Regain Sovereignty?
I asked Iowa bred and raised Jane, what was a cash crop? “Corn and Soy.” No Hay. “OK I get it Tobacco, Marijuana, Avocados and Pineapple.” That’s it why Colorado is going great with Cannabis and Kentucky thrived until the US stopped smoking. That’s why Imperial Valley California is still Imperial, they grow stuff that People Eat.
How do we turn the Prairie States into an Organic California?
Plant Prairie Grass $500/acre subsidy
Raise 100% Grass Fed Beef
Raw Dairy Make Legal in all 50 States
Circle Urban Areas with Organic Truck Farms
Give Inhabitants Passport Equivalent Identity Cards
Empires of the Silk Road, by Christopher I. Beckwith separates the history of civilization into trade by land over the Silk Road from the Bronze Age until Christopher Columbus sailed the ocean blue in 1492. After the Portuguese, Spanish, Dutch and English colonized the entire world. everything went by sea, and the Ottoman Empire ceased to be.