Posts Categorized: General Editorial

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Dear CIGAs,

We have been experiencing technical issues on the site within the last week and wish to apologize for the lack of posts and technical assistance during this time.

Missed posts from this week will be posted and backdated. Thank you for your patience and continued support.

Best regards,

The JSMineset Team

Posted by & filed under General Editorial.

Dear President Trump,

The West totally ignores Africa while the sly Chinese plan to corner strategic materials; metal, rare earths, transportation and communication facilities there. This will, within 15 years, put the West out of the high tech business. Our new high tech weapons of war will fail to function.

Africa is the prize that lack of long term geopolitical economic planning in West will, without any question, result in the move of the economic and political power center of the world irreversibly from Washington to Beijing.

Silicon Valley will no longer be the home of the child Trillionaires because without Chinese and African rare earths, high tech is simply not possible.

You do not perceive the economic risk that hides behind the figures you are so proud of. They all have been skewed over the years to over report economic progress. Maybe giving credit to Obama’s economic platform, built on sand, for the recovery might not be a bad idea.

Our financial leaders are taking us back into the dark ages by policy and Fed Speak that would have the citizens believe that debt can produce sustainable economic prosperity in the west. It cannot.

Our failure to compete in Africa will be the largest mistake the West has ever made as China takes over much of Africa by economic colonialism. The combination is going to give the West a taste of back to basics in an uncomfortable way.

Whatever ideology the leadership in America at that time, it will be put directly into the trash heap of the history of nations that fail to have a plan and work the plan.

James E. Sinclair (An American in Africa) author of “The Strategic Metals and Materials War” plus among 5 other books

“Boom, Visions and Insights for Creating Wealth in the 21st Century.”

Executive Chairman of Tanzanian Exploration. TRX, NYSE)

China’s “Long Term Collateralization Of Loans Strategy & Her Disguised Recolonization Of African Countries Economically
September 11, 2018

By Richard Krah

After Britain had collatarised Chinese aids and guarantees with Hong Kong for 99 years, China has gained more experience than any country on earth on the intricacies of long term collaterisation of assets.

Examples are below:

Philippines this year cancelled all Chinese aids. The president was in Isreal last week for new partnership in arms.

Malaysia canceled Chinese speed train loan contract this year and opted for a costlier Japanese electromagnetic rail. Because all Chinese grants requires collateral with state critical assets.

Singapore bluntly told China we don’t need your 25 years tenure loan at 0.5%.

Greece handed China a national asset last year on default, and European Union took measures to stop any further member country from Chinese loans.


Posted by & filed under General Editorial.

“Contagion Is On The Move”

“The Strong Dollar is the Silent Killer”

“The Strength of the Dollar is its Nemesis”

“The huge Dollar debt everywhere is all a Synthetic Dollar Short”


“It is all of such an unimaginable magnitude that there are not enough dollars anywhere to make cover or stop loss”



         “THIS will kill all in its path, including the 1%”

     “When is Now.”

   Jim Sinclair

September 3, 2018

Federal Reserve Gov. the Hon. Powell has only one of two moves he can make. Flood the world with dollars by active debt monitization (QE) internationally, or have the experience of presiding over the greatest depression in the history of man as his legacy. What would his boss have him do? The debt clock is ticking towards the reset by June of 2019.

His boss has not had many allies in the camp, as President Trump’s choice of people leaves something to be desired. Is Powell another Sessions who puts his head in the sand or Cohen, the recorder attorney, supposedly friend, and legally bound as a confidant?

When has the Fed been politically independent in its history?  Chairman Volker would not be the “Master of the Universe” had his boss not quietly backed him all the way! Believe me, I know.

This is the start of the final battle between Light and Lucifer much like the movie, “The Firm.” Don’t kid yourself. This is not simply material, but spiritual as well. The rest of everyone’s life, reading this, depends on how from today to 2021 is handled. There is no exit to this contagion that is now on the move. It  must be confronted one way or another. That is why “Now is When” because “When comes between the Rock and the Hard Place.”

Why Pain in Argentina And Turkey Is Hurting Indonesia
August 31, 2018

As financial market meltdowns in Argentina and Turkey spread through global emerging markets, Indonesia is feeling the pain more than its peers in Asia. The rupiah slumped to its weakest level against the dollar since the 1998 Asian financial crisis, prompting the central bank to step up its efforts to stabilize the currency. Bank Indonesia has been tapping its reserves to the tune of billions of dollars and has raised interest rates four times since mid-May.

1. What triggered the selloff?

Even before Argentina and Turkey entered crisis mode, emerging markets were under pressure because of rising U.S. interest rates and a stronger dollar. Part of the appeal of emerging markets is their relatively higher yields compared with developed markets. When that differential falls because of the U.S. Federal Reserve raising borrowing costs, emerging markets become less attractive. More broadly, a deepening currency crisis in Argentina on top of ructions in Turkey have reduced investor appetite for risky assets, prompting an exodus from emerging markets to relatively safe havens in developed markets.

2. Why is Indonesia being targeted?

It’s one of a few Asian emerging markets that runs current-account deficits (so do India and the Philippines), and recent data shows that widened to a four-year high. The deficit economies rely on foreign inflows to finance their import needs, making them vulnerable to a slump in sentiment and sharp outflows. Foreign investors own almost 40 percent of Indonesia’s government bonds, among the highest of Asian emerging markets. Add to that the government runs a budget deficit, meaning it needs to borrow to finance spending.

3. How badly are the currency and stocks faring?

The rupiah is the second-worst performer in Asia (after India) this year, but it’s the hardest-hit currency since the emerging-market selloff began in late January, weakening about 9 percent. The Jakarta Stock Exchange Composite Index, or JCI, is down more than 6 percent this year, while the yield on the benchmark 10-year government bonds has risen this year to the highest since the end of 2016.


Jim Sinclair
Executive Chairman

Posted by & filed under General Editorial.

My Dear Extended Family,

The Bank for International Settlements (BIS), just recently warned of the dire impact that is certain if any hawkish maneuvers by Powell, our newest genius at the Chair of the Federal Reserve.

Carstens, a former central banker, commented in the recent BIS report that the US dollar makes up at least 80% of all the letters of credit outstanding, which are the means of settlement of international trade contracts. Think about 80% of all trade contracts.

He went on to explain this subject’s danger without any question or doubt. He said, “Any dollar shortage among non-US banks could cripple international trade.” That is the Richard Russel’s Synthetic Dollar Short.”

Since the Synthetic Dollar Shortage that now exists is an enormous size, the Federal Reserve cannot act to reset the Federal Reserve’s balance sheet, nor can they drain reserves by any means whatsoever. Doing so would bring on a great economic/currency calamity without historical precedent. What is timing of when this might occur? We have told you it is “NOW.”

If Chairman Powell is a stealthy part of the Swamp dwellers wishing to see President Trump run out of Washington on a rail, all he needs to do is keep up what he says he intends to keep up. Even saying that has already affected the international dollar letter of credit conditions, as you can see in the recent dollar strength.

This leads me to believe that either Chairman Powell is thick headed or one more of a great president’s failures to judge people correctly. Look at the man he made head of the DOJ, FBI or much worse, the presidents selection of a personal attorney as examples of a major weakness in our otherwise effective leadership.

This is the long predicted real war of Light versus Darkness. This is why it is raining “Truth Bombs” in the hope of waking you up from your deep dark slumber. This is the world’s last chance. If this war is lost, Darkness will rule for all time.

How you can ignore gold or gold/silver mining shares remains a mystery of the effectiveness of two previous administration’s best political tool. That tool is massive mind control opts via all media.

Bill, David and I can only work to wake you up before there is no hope for any of us at all.

So far our unique President Trump has not demonstrated a keen ability, judging people having appointed that he knows people correctly. President Trump has selected more enemies to place in power positions than any president I recall before him. I think his confidence in his is personal attorney screams out that this is President Trump’s major weakness.

What is gathering has been predicted from many sources (both spiritual and material) to occur now. From now through 2025 we are living in hell. Please do not make it permanent. Through inaction, you support Luciferian secret societies and that is the swamp.

I believe that I am prepared correctly. You prefer the Yahoo criminal chat groups for hire more so than the obvious facts. So many have rejected what I have done for myself and your interest that I am certain I must be totally right.


Jim Sinclair

Executive Chairman

Posted by & filed under General Editorial.

Please note this post was posted two days previous (August 20) for our subscribers.


My Dear Friends,

We will keep this short and to the point. As time goes by, you will come to know all the ingredients to the fact that economic law lives and is in the process of reasserting itself like a hot solar storm on the surface of the sun.

MOPE has failed and the world is about to implode economically and socially because of it. Your question to all of us has been when will all this happen. The answer is now. The means to this occurrence is accelerating uncontrollable volatility in the world fiat currency markets. The rise in the dollar here and now is due to Richard Russell’s thesis of the synthetic dollar short. This can be easily understood by remembering that the currency you borrow will fluctuate. If that movement is up, then you are at a loss considering where it was trading when your borrowed it.

The Titanic Forces of Economic Sin in the Theory of Management of Perspective Economics (MOPE), which was identified by us only and no one else more than a decade ago, is the most ignorant concept.  If markets could be controlled globally, the laws of economic could be cancelled and depressions, plus serious recessions, eliminated forever. They cannot be! You will witness this very soon.

The equity markets around the world have been celebrating the cancellation of economic law, the Austrian School of Economics and all the teachings of Ricardo and Smith,  have been declared dead. The assent of the Devil of Artificial Intelligence operated by the most advanced computers has resulted in market manipulation so huge that there is no historical precedent for the volatility that the end of MOPE will produce.

The only way to win in the Game Theory computer manipulation of market of markets is don’t play. The economic insanity of the big players is now clearly behind the reduction of one of the major international financial houses of their trading department from 500 people to 1 person only. They simultaneously hired 9000 computer engineers to build the strongest computer system in order to own all the world of trading and manipulating markets. They are convinced they are right by their own creation, with the huge climb in equity prices regardless of the lack of true internal economic strength. They, therefore, in making the switch between traders and computer engineers confirm their view of MOPE and the Death of Monetary Science. They see their choice of manipulated stocks reaching into the 1000s that contribute nothing fundamental to the world systems such as social networks and movie purveyors. At the same time a major flagship (i.e. GE) of the internal US economy falls from the mid $40s to $12. General Electric is one of the real engines of US economics that now falls price wise therefore capital value wise.

Finally according to the laws of economics the US Fed, having extended its balance sheet insanely, has lost control of its internal and therefore external monetary policy. The run up now in the dollar because of the technical dollar short is the Death Knell of the fiat system. It is the product of a spreading panic in the non – reserve emerging market currencies. It is the currency of Turkey and Venezuela, Brazil and Argentina that have fallen hard and fast with Asia to follow that is the pending Weapon of Mass Economic Destruction. The only way to stop it is for the US Federal Reserve to go ballistic in global QE followed by all the developed world’s central banks in unison to provide the dollars demanded by the debt instruments of this unwind. You will witness the move to hyperinflation in the useless attempt to continue the ignorant game of MOPE and hold economies and fiat system together.

There is no answer other than GOLD to save yourself.

The price of gold will be a product of the size of US debt now outstanding. Gold always balances the balance sheet of the USA as it did in 1980 at $887.50. If we really had the gold at Fort Knox then the price of gold would rise to slightly under $17,000. Since we do not, $50,000 or more is a probability.

This timing is a cause of the scent of the advent of a major trade war between China and the USA confirmed last week.

A tariff war at this time is most unwelcome.

Today, President Trump made it clear that he is a president of lower, not higher interest rates.

Connect all these dots and the return to the long term bull market in gold is at hand.

I have spent 14 years in the attempt to build one of the largest piles of gold possible free of any margin at all. You must know you have to be your own central banks as they are going to fall not one by one but rather all at once. Now you see that the major world’s gold buying nations that are China and Russia are operating on a Policy, not investment motivated.

Thank God you know this now and do the necessary.

Gold will be the last man standing . After June of 2019 there will be an entire new system monetarily only known to the early advocates of the theory of “Free Gold”

Today the fist system has broken and all the king’s men cannot put it back together again.

Gold will have a market of “$50,000 bid to $50,000 offered” as this new system, by the true law of economic reveals itself. There is no force on Earth that can stop the consequences of greed and mass hysteria of the years 1968 to present. This is also the end of the rule of this planet by what you call the deep state. This is the war of light versus darkness that had to come.

Bill and I have been invited to be interviewed together on this unique connection of the dots by Greg Hunter this coming Friday for weekend presentation.

You need to hear this week’s discussion between Bill, David and myself to connect the dots to your full understanding of the unusual

Grouping of events taking place.

This answers the when you ask so often about the timing of the resumption of the long term gold bull market.

Jim Sinclair

Executive Chairman


It’s Not Just Turkey: There Is A Dollar Liquidity Storm Ahead Of Us
August 17, 2018

Experts are warning that 95 on the dollar index is the line in the sand, and we’re over 96 now. Here’s what experts say happens next…

by Brian Maher of Daily Reckoning

“It’s not just Turkey,” we are warned.

“The dollar liquidity storm is ahead of us — buckle up.”

Forewarned, we acknowledge Nedbank strategists Neels Heyneke and Mehul Daya for the advisory.

Where will it likely strike next?

Answer anon…

We begin with a brief excursion into the mysteries of the international monetary system… and the “Triffin dilemma.”

In 1959 Belgian-American economist Robert Triffin alighted upon a thumping paradox…

A nation boasting a global reserve currency carries a unique burden, he observed.

It must surrender partial control of its own monetary policy. It must also serve a global master.

That is, it must issue a superabundance of currency to lubricate the gears of global commerce.

Absent that continuous flow, the machinery could seize… and the world could sink into depression.

The issuing nation must therefore be willing to endure vast, sustained trade deficits.

The less wares the issuing nation buys from the world, after all, the less currency is available for global duty.


Posted by & filed under General Editorial.

Jim Sinclair’s Commentary


Banks need to be prepared for the RESET, when it occurs. Banks need to have the technology already in place when a RESET happens.


It makes perfect sense for Banks to hire computer programmers/engineers. 25% of Goldman Sachs workforce is computer programmers. It is no secret to anyone that the cutting edge and state of the art technology in finance is toward digital, cashless, crypto-currency and block chain technology. The demand for programmers to develop this technology is unavoidable. Dedicating a high percentage of a bank’s workforce to a RESET transition makes absolute sense, and would certainly be an imperative for any financial institution.


Since Goldman Sachs’ has shrunk their market makers from a workforce of 500 down to 3, it therefore seems unlikely that the programming efforts are being aimed at the markets. Why would 9,000 programmers and state of the art technology be needed when a financial institution is shrinking an area of business focus?


It could be postulated that programmers are developing Artificial Intelligence (AI) in finance. Banks are the entities of the 1% elite, and have an unsurpassed psychological need for control. Such entities are manifestly controlling, and would be extremely unlikely to give financial control to anyone or anything, particularly something they could not control. The need to control would eclipse any notion of AI in the financial and banking institutions.


Let’s read between the lines in the programming agendas and efforts of large banks. Often, what is not said is more important and more telling than what is actually stated. In the case of the following article, what is taking place in the workforce of Goldman Sachs’ tells more by what isn’t said. There is no mention of digital or cashless, etc. Let’s let the employment of engineers and programmers speak for itself since we already know the financial trend is toward digital and cashless technologies. It isn’t rocket science to read between these lines. What is unsaid about this hiring and this trend is plainly conspicuous by it’s absence.


See article below…


Computer Engineers Now Make Up A Quarter Of Goldman Sachs’ Workforce
April 30, 2018


Goldman Sachs’ David Solomon said the bank now employs thousands of engineers in its effort to stay on the cutting edge of financial technology.


Keeping up in modern finance “requires a lot of investment,” said Solomon, president and next in line to be CEO at the firm, from the Milken Global Investment Conference on Monday. Companies such as Goldman need to answer questions like “how to hold on to your legacy businesses but create an environment that’s conducive” to innovation, he added.


The chief operating officer added that Goldman Sachs has hired about 9,000 engineers to help ensure that the bank keeps up with peers in the age of modern banking. For a company with just over 36,000 employees, the bank’s influx of computer engineers now represents approximately 25 percent of its entire workforce.


“Ours is a business of information … pattern recognition and historical context are important,” he explained, saying that it’s important to the company’s success that it continues to hire about 2,000 people fresh out of school each year.



Posted by & filed under General Editorial.

My Dear Extended Family and Friends,


This is another instalment of the “Be Prepared” Series I started publishing a couple of years ago. As you know, these are suggestions for what to consider in preparing for the future, and specifically, what to consider for emergency preparedness. The information provided are not recommendations, but merely matters to take into consideration for yourself and your loved ones in an emergency. This isn’t a “how to” article, although some “how to” will be mentioned. This is an article to help you consider whether or not to keep some cash at home, regardless of how much, or how you may choose to do it. I would urge you to keep some cash at home for an emergency. The problem with emergencies is that they are not predictable and occur without much warning, if any. This article may help you consider if keeping cash at home is the sensible plan for your family.

All the very best to you and yours,


– Jim Sinclair


BE PREPARED – Keeping Cash at Home


About 1 in 4 Americans already keep some cash at home. The natural disasters and power outages of the past decade have revealed the wisdom of having some cash for an emergency. We can’t always predict when an emergency will arise, but we can prepare for certain problems and circumstances which are likely to arise in emergency situations. The issue of keeping cash at home has been one of much debate. This article addresses keeping some cash at home, and some considerations to keep in mind in deciding the issue for yourself.


We often write a great deal about keeping precious metals, specifically gold and silver. Yet, in a short term emergency, cash would be king. The kingly status of cash would, of course, depend on the length of the emergency, and on the continued confidence in the currency itself. By cash, we mean the paper currency itself, whether it be US or Canadian Dollars, Pounds, Yen, Euros, Renminbi, etc. For examples used in this article, we will refer to the US Dollar, and you may convert suggestions and amounts relative to your own financial system’s currency, just as you must convert suggestions to your individual and specific needs.


Having cash outside of the banking system is common sense in many ways. Look at a state like New Jersey following Hurricane Sandy. Banking came to an abrupt halt. Most financial transactions in the US are not accompanied by exchange of physical currency/cash. Transactions are digital, i.e. no physical cash is exchanged for items or services. Transactions usually occur on digital ledgers – most often, debit, credit or otherwise electronic transfers for exchanges. Many people in NJ were without power for a week or more. The power grid was down. Many NJ grocers and service providers would only accept payment in cash, and those few who accepted debit or credit limited the amount of transactions because the provider could not verify electronic payments or available credit without electricity. People had little or no cash and therefore little or no buying power. The people could not obtain their needs. The events following Hurricane Sandy were eye-opening in terms of preparedness, and many were unprepared. ATM machines don’t function without electricity. Anyone who might use an ATM to obtain cash, had no access to cash regardless of how much money they had in the bank. In addition to New Jersey, many banks were closed in New York and Connecticut. People who had cash could buy groceries and water. Water treatment plants weren’t operating because the power grid was down, so potable water was in short supply. Water could not be boiled if the electric range had no power. Cash was vital to obtain goods and services in the aftermath of Hurricane Sandy in NJ and many other areas.


We can’t know when an emergency will arise, but we can plan and prepare. Not all emergencies are storms, power outages, earthquakes and other natural disasters. There are other emergency situations to consider. Recently the stock markets have been extremely volatile. In the past two weeks we saw a couple of 700+ point drops in the stock market. These are actually 1000+ point swings. The decline and the subsequent upside movement is the swing. In the USA, we have a Plunge Protection Team (PPT) whose mandate it is to prevent the crash of the stock market. The problem is that the markets are not operated by humans any more. The stock markets are operated by computers. Humans are not as fast as computers and can’t compete with high frequency trading (HFT). The stock market will crash one day even if we can’t predict when that day will come. When that day comes, investors will panic. Investors have historically panicked and the next crash will not be different. When the markets crash, trading is halted and/or the markets are closed, at least temporarily. You may think you are safe from the activity in the stock markets if you don’t have money in stocks. That is a false belief. The problem here is that when investors panic in a market situation, the first place they will go is to their banks and financial institutions to get their money. A bank run is the the result of panic, not usually a result of the insolvency of the bank. Investor panic would initially be into cash, followed by precious metals in a prolonged financial emergency. Investors would want to access whatever cash they have or can get. Most investor cash is in the bank, savings, checking, etc. Sovereign nations do not allow runs on their banks. The government of the USA will not allow runs on US banks and financial institutions, and will automatically employ the 1933 Banking Act (Glass–Steagall Act) to impose what is commonly referred to as “Bank holidays.”


A banking holiday means financial institutions will close instantly and at least, temporarily. If you do not have cash at home for supplies, groceries, medicines, gasoline, etc. you may not be able to get cash or purchase your needs. Debit and credit will not work and electronic transactions will not process or clear during a banking holiday. You may be able to get some cash from an ATM because ATMs are designed to operate when banks are closed. The problem is that when the ATM is empty, it will not be restocked with cash if the bank is still closed. Having some cash at home is the safest bet, and most importantly – it will do no harm.
The 1933 Banking Act wasn’t just a result of the Stock Market crash of 1929. There were other factors, (Dust Bowl, etc.) but the runs on the banks were ultimately the reason for the Act. The difference between 1929 and today is that what took a couple of years to occur in the early 1930’s would occur in a heartbeat today thanks to instant electronic communications. It only takes a few panicked people to create a banking problem, and the information age would accelerate runs on the banks. Having some cash at home and outside of the banking system would seem to be a common sense, conservative plan. You decide.


These days, banks aren’t paying much in the way of interest. Even worse, a bank depositor is an unsecured creditor for the bank’s obligations due to the laws promulgated as a result of the crash of 2008. In 2008, the government bailed out the banking/financial service sector among others. Bailouts for the banking system are not possible for the government now, and bail-ins of depositors money will likely occur due to the laws put into place to protect the banks. This means a depositor gets their money last in the event of a bank failure. Those banks which were bailed out by government in 2008, will be the most likely to be bailed-in with depositors money in a future banking crisis. The FDIC/FSLIC will guarantee the money (with limits) for individual bank failures, but will not and cannot protect depositors against a systemic failure. A robber may rob you with a gun, but the stock market, banks and financial institutions could rob you with a computer – in a nanosecond.


We didn’t see banking runs in the 2008 financial crisis scenario, but there were, nevertheless, runs on banks in 2008. The bank runs that occurred in 2008 are known as “Silent Bank Runs.” In a silent bank run, a depositor does not go physically to the bank and withdraw physical cash. These silent runs are electronic transactions through wire and other electronic fund transfers. During the 2008 financial crisis, the failure of Washington Mutual triggered a silent bank run on Wachovia Bank. Wachovia lost $5 billion in withdrawals due to a silent run on the bank over the weekend. Wachovia would not have been able to open for business on Monday due to the resulting liquidity problem created by the silent bank run. Through FDIC involvement, Wachovia was acquired by Wells Fargo and a bank failure which resulted from a drop in stock price was averted. Had the scale of the financial crisis in 2008 been broader, such an intervention might not have been possible. Most depositors of Wachovia were unaware of what happened. Having cash outside of the bank could have helped if a worst case scenario had occurred, still depositors were unaware until after the fact.


Questions to ask yourself should you decide to keep some cash at home:


How much?

This is the next logical question if you decide to keep cash at home. $100 is probably enough for most families for a 3 day emergency fund. Perhaps keep a minimum of $100 for three days of needs. You can aim at $100 first and build up your fund from there. If you decide to keep cash at home, try to set aside $100 in cash as soon as possible. Think of this cash as insurance. There is a psychological component to adjust to in keeping cash at home, if you haven’t in the past. Be realistic, not paranoid. To develop emergency cash at home, pay yourself and your cash emergency fund first. Put your emergency money aside first and then keep it only for an emergency…not that big screen TV you liked, or the concert tickets you want. Forget about the money until it is actually needed for an emergency. The suggested amounts are aimed at an average family without significant extraordinary expenses, like expensive medical needs, etc. Whenever you receive income, consider putting 5%-10% at home, in cash faithfully until you reach your target. It will add up and soon you will have an emergency cash reserve. Everyone’s comfort zone is different and every targeted amount for an emergency fund will vary from one family to the next. There is no average, no norm, no minimum and no maximum. What you choose, want, and need are unique to you and your family. Create your own plan and work your plan.



Where to consider hiding/storing your cash at home is the next logical concern. Assess the risks of your location. Most people don’t have a robust alarm system, but there are plenty of places in the home you could consider securing some cash. Cash can be stolen; it can burn; it can also rot. A banker would have you believe that a bank is the only safe place to keep cash. You must do your own due diligence and exercise your own judgment. Where will your banker be during a bank holiday? The average thief spends about ten(10) minutes in the burgled home. Some hiding places are safer and therefore better than others. There are internet videos and articles which can help you choose places and receptacles for your cash, papers and valuables. This article is mainly about deciding whether or not to keep cash and home, and not about the place, manner and method you may choose. Security is probably the greatest concern of most people. Security cameras which connect to your mobile phone are cheap these days. Do you have a robust alarm system: signs which say, “Smile, you’re on Camera” even if you don’t, or a large black dog? A large black dog is the most significant deterrent to burglary and home invasion. Consider how safe your home is and/or how safe you can make it.


An experienced burglar in your home most often targets the master bedroom, bathroom and home office for valuables. Kids rooms are often undisturbed by an invader. There are many tactics and receptacles for cash which may not attract the interest of a burglar. For this reason, diversion safes are popular. That said, there are certain popular containers which may be inherently unsafe. In considering a storage container, anything which can easily be picked up and removed is probably not the highest choice. Diversion safes are “hide in plain sight” receptacles and should be carefully scrutinized before deciding to use them. These are usually small safes which are designed to look like something else. Diversion safes usually appear to be something common place, and in general they are easy to open to access the contents. Their safety is in their deceptive commonplace appearance. Among these are cut outs in books, fake electric outlets, fake hollow lettuce you keep in your refrigerator, phony canned goods, etc. Consider that these items are known to experienced burglars. Also consider accidental discard of your safe by others who do not know the content. There was a man who kept a significant savings in a diversion safe soup can. Upon his hospitalization, well meaning and unknowing relatives donated all of his old canned food to a food bank. Poof! and his savings was gone. Unlike the heart warming stories we love to read, his savings was not returned by a good and honest Samaritan. When a burglar ransacks your dwelling, they are fast, and they aren’t careful or kind to your property. Burglars instantly clear all of the books off of your shelves and dump dresser and other drawers in seconds. Book diversion safes don’t normally survive this treatment and the book reveals its contents. Cash taped to the underside of a draw is similarly revealed. Pictures hanging on the wall are pushed aside so that a wall safe might be revealed. In an emergency, you may not be the target of an experienced burglar, but in such an emergency, your robber may be looking for food, drugs or alcohol, more than valuables, so forget hiding your cash in fake vegetables, or wrapped in foil in the freezer with a label which says, “scraps”. Think long term for your safe place, and if you choose a diversion safe, make sure you won’t be the victim of an accidental discard of the safe. Consider at least two locations for cash/valuables. It is fairly well known that if you have an actual safe, that it is best to have two safes. One easily found safe for burglars to raid or steal and a second, well-hidden safe where the bulk of your assets in the home are kept. Safe deposit boxes have restrictions on their use, and can only be accessed when the bank is open. A bank holiday would put your cash and assets out of your immediate reach. Your assets in the home aren’t just cash. Your assets at home are also your precious metals, jewellery and collectibles. You should also consider your passports and other important documents when choosing safe places in the home.


Home fires are tragic, and you don’t need a natural disaster or a financial system emergency to experience one. In considering your storage location, remember that heat rises. The greater the heat, the faster and more furious the draft. Places under the ground level floor, or closer to ground level may be safer than a room on an upper floor of your home. Gold and silver can survive the average home fire, but cash and documents generally don’t. The average house fire burns at a temperature of about 1,100 degrees Fahrenheit – not enough to destroy your precious metals. There are numerous receptacles available to help shield cash, jewellery, a flash drive with your banking info and important personal/business data, and important paper documents from a fire. These have varying ranges of success in protecting your home-kept cash/valuables, and a lot depends on their location and the time and exposure in a fire. Remember that most of these receptacles are not fire “proof”. Most are fire “resistant/retardant”. You can look for videos online to review the tests on such receptacles and be guided accordingly in your selection. Aviation fire containment bags might be a good choice, but most of them are larger than what would be needed for cash and they are usually swamp hollow (safety) orange in color. They are designed to be easily seen and they stand out like bright neon if seen. Read or watch some reviews. There are incidences where the paper/document storage bag or receptacle was undamaged, but the contents were destroyed. Research “fireproof bag” to examine available choices, see tests and read reviews.


Burying cash and other paper documents can make them susceptible to damage by moisture and rot. Rot could occur in a potted house plant as easily as it would in the garden. The containment bags/receptacles mentioned above usually prevent moisture and many are waterproof. Choose a place and a container in which rot would not be an issue, or mitigate the possibility with a waterproof container. In locations in a wall or under base woodwork or molding, or kick plate under your kitchen cabinets – doubled zip lock freezer bags would be sufficient to prevent moisture.


Do a risk/benefit analysis for yourself to decide if keeping cash at home is right for you. Nothing is 100% safe, and that includes the banking system. Do an analysis for your specific circumstances. Many people justly feel that keeping money in the banking system is playing financial roulette due to the potential for bank holidays from a market failure, other financial crisis or natural disaster in addition to the ominous potential for bank bail-ins of depositors money. What you believe and what you do will depend entirely on your comfort level. If you choose to keep some cash at home select a variety of bill denominations. Large denomination bills like $100 may be hard to use in an emergency and making change could be an issue. Select a wide variety of currency denominations $1, $5, $10, $20, etc. There is also a possibility that in a financial crisis, in order to slow the velocity of money (the rate at which money changes hands for goods and services) that a government will remove or recall large denomination notes. This was done in India in the past year and a half.

As the preparedness expression goes, “it is better to be a months too early than a second too late”.
Imagine, what you would do right now, if your buying power was limited to the cash you had right at this moment. How would you do?



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