Jim Rogers Warns: “You Better Run for the Hills!”

Well known investor Jim Rogers, who made his fortune during the 1970′s crisis by investing in commodities like precious metals, has long-warned about the calamity faced by, not just America, but the world as a whole.

Rogers understands that we are living in perilous times, and that actions by governments, finance ministers and officials across the globe have left us on the brink of a very serious collapse that will end with currency turmoil, food shortages, panic, social unrest and a total shakedown of average citizens.

Now, with Europe having taken the unprecedented step of seizing private funds of depositors, Rogers suggest that time is running short and that those with the means to do so should get ready for the worst:

It’s pretty scary what’s going on in Europe…when they start taking money out of people’s bank accounts. I, for one, am making sure I don’t have too much money in any single bank account anywhere in the world.

Now there is a precedent…The IMF has said loot the bank accounts. The EU has said loot the bank accounts.

So you can be sure that other countries, when the problems come, are going to say… let’s do it too.

…They’re going to go crazy the next time around.

It’s going to happen. Of course it’s going to happen…

It’s politicians who are telling you it’s a special case… oh, don’t worry, don’t worry, don’t worry.

What more do you need to know?

When politicians are saying ‘You don’t have to worry’…

Please, you better hurry, you better run for the hills. I’m doing it anyway.

I want to make sure that I don’t get trapped.

Think of all the poor souls that just thought they had a simple bank account. Now they find out that they are making a ‘contribution’ to the stability of Cyprus. The gall of these politicians.

Don’t trust any government. If you’re going to listen to government, you’re going to go bankrupt very quickly.

Source: Interview CNBC

Like his friend and colleague Marc Faber who has recommended farmland and hard assets to protect oneself, Jim Rogers says it’s time to head for the hills. The fact is that Rogers has been a proponent of personal self reliance and farming since before the start of this crisis, having once argued that in the future it’ll be farmers who will be driving Ferraris, rather than Wall Street bankers. Like Faber, who lives in the remote hills of rural Thailand, Rogers also owns property outside of major cities and says hard assets (commodities) will be one of the few safe havens during a major crisis.

As students of history and economics, both Rogers and Faber understand that major cities are not the place to be when modern-day financial and convenience delivery systems fall apart.

Be as far outside of the blast radius as possible. It’s gonna’ get ugly.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

Public Service for Small Businesses: Free Obamacare Pink Slip Notice

As a public service for businesses impacted by Obamacare’s Byzantine maze of penalties, fees, taxes, mandates and other regulations that will require you to shed workers, our enterprising Cub Reporter Biff Spackle offers the following Semi-Official Obamacare Pink Slip.


Feel free to reproduce anywhere, anytime as a reminder to the drones that they may want to think before they vote next time around. That is, if there is a next time.

Doug Ross @ Journal

Game-changer: Israeli natural gas began flowing today. Dawn of “energy independence.” Prophetic, too?

Photo of the Tamar Lease natural gas rig, located 90 kilometers west of the city of Haifa, northern Israel (photo credit: AP/Albatross Aerial Perspective/Times of Israel)

Photo of the Tamar Lease natural gas rig, located 90 kilometers west of the city of Haifa, northern Israel (photo credit: AP/Albatross Aerial Perspective/Times of Israel)

UPDATED: Israeli Prime Minister Benjamin Netanyahu announced this weekend that the dawn of Israeli “energy independence” has arrived. Today, for the first time in history, Israeli natural gas is being pumped out of the Mediterranean Sea and back towards the Jewish state. Soon, the Jewish state will no longer need to import energy, thus making Israel more financially independent and in turn enhancing her national security. What’s more, if it chooses to, Israel will soon also be able to export natural gas to Europe, a move that could make Israel enormously wealthy and become a game-changer economically, geopolitically and perhaps prophetically.

Here are the latest headlines from the Israeli media:

Readers of The Last Jihad novel series may recall that the plot — Russia and Iran form a military alliance and seek to attack Israel, a move that triggers the ”War of Gog and Magog” that was prophesied in Ezekiel 38-39 – was premised on two key prerequisites: 1) Jews ”living securely” back in the Land of Israel after centuries in exile; and 2) Israel becoming so wealthy that the leaders of Russia (Magog) would seek to plunder the Jewish state. In the novel series (which was first published in 2002), I created a fictional scenario in which Israel discover massive amounts of petroleum and become a regional economic superpower, thus drawing Russia’s attention, and the greed of the leaders in the Kremlin.

Back then, many people scoffed at the notion that either of these prophetic prerequisites could ever come true, particularly in our lifetime. So in my first non-fiction book, Epicenter (published in the fall of 2006), I laid out the research behind my novels. Noting that Israel was already far more prosperous than her immediate neighbors — including the Palestinians, the Egyptians, the Jordanians, the Syrians and the Lebanese, I argued that it was possible that the Israel could become far more prosperous due to a series of Bible prophecies which indicate that Israel will make major discoveries of petroleum in “the last days.” IN Chapter 5 of Epicenter, which was entitled, “FUTURE HEADLINE: ISRAEL DISCOVERS MASSIVE RESERVES OF OIL, GAS,” I explained the prophecies and how they could come to pass in the future, possibly in our lifetime.

Has that moment arrived?

“Natural gas from the offshore Tamar field was pumped to Israeli shores for the first time Saturday, four years after its discovery, in preparation for its first use in the Israeli energy market — a move that could transform the Israeli economy,” reports the Times of Israel. “The Tamar deposit, discovered in 2009 some 90 kilometers west of Haifa, holds an estimated 8.5 trillion cubic feet of natural gas.

“On Saturday, hailed an ‘important day for the Israeli economy’ by Prime Minister Benjamin Netanyahu, natural gas from the field was being pumped to a newly erected facility on the coast at Ashdod, connected to the gas field via pipelines laid out on the ocean floor, 150 kilometers long and 16 inches wide,” noted the Times. “Commenting on the historic development, Netanyahu drew a link between the event and the holiday of Passover. ‘On the festival of freedom, we are taking an important step toward energy independence. We have advanced the natural gas sector in Israel over the last decade, which will be good for the Israeli economy and for all Israelis,’ Netanyahu said. The gas is to be transferred Sunday from the facility to a processing plant in Ashdod. From there, it will flow into the Israeli market. These newly harnessed resources promise to be a major boon to both the country’s public and private energy needs. The controlling Tamar shareholder, Yitzhak Tshuva, said Saturday’s start of pumping came ‘months ahead of schedule.’….The gas from Tamar is expected to help meet Israel’s energy needs for the next 20 years, Channel 2 said, and will save the economy some NIS 13 billion (some $ 35 billion) per year. Its ahead-of-schedule use will also save Israeli citizens some cash — lowering a planned rise in electricity costs to 6 percent, less than originally planned. ‘This is an energy independence day for Israel,’ said Energy and Water Minister Silvan Shalom. ‘This breakthrough is the harbinger of the foray of additional private companies’ into the Israeli energy market, he added.”

“The Tamar deposit, and especially the heftier Leviathan, which was discovered in 2010, are expected to provide Israel with enough natural gas for decades and transform the country, famously empty of natural resources, into an energy exporter,” reported the Times. “Leviathan, which boasts an estimated 16 to 18 trillion cubic feet of gas, is expected to go online in 2016, the approximate time when exports are expected to begin.”

Curiously, the Russians are already eyeing Israel’s new gas discoveries and wanting a piece of the action (see articles below).

Bottom line: While it is too soon to conclude definitively that we are seeing events line up for the fulfillment of Ezekiel 38-39 in our lifetime, the discovery, development, and pumping of natural gas is certainly an historic moment for Israel. It will be a great blessing to the Jewish people, to be sure. But it also could draw enemies who will try to attack Israel’s burgeoning natural gas industry and choke Israel economically. Could Russia conceivably become one of those enemies? Only time will tell, but it’s worth noting that Russia certainly views itself as a superpower in the natural gas market, and is currently the biggest supplier of natural gas to Europe.

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Joel C. Rosenberg’s Blog

Larwyn’s Linx: Obama Scolds Nation for Insufficient Gun Control Fervor

Send us tips! Bloggers: install a Larwyn’s Linx widget. Get real-time news, 24/7, at BadBlue.

Nation

Obama Scolds Nation for Insufficient Gun Control Fervor: TAG
Obama and Bloomberg try to pressure Senate Dems on gun control?: Lott
Utah Sheriffs Association to Obama: From Our Cold Dead Hands: Breitbart

Beating Thy Enemy II: the Media (conclusion; operating within the tent): Dewey
Obamacare facilitates voter registration and intimidation: Breitbart
SICK: Planned Parenthood Official Argues for Right to Post-Birth Abortion: WS

Friday Free-For-All: Hillary’s Benghazi Lies Unraveling?: Nice Deb
Obama To Continue His Finger Wagging Tour On Gun Control In Denver: RWN
Mark Levin: Obama is Trying to Nationalize Our Election Process: Townhall

Economy

Cyprus: Can It Happen Here?: Sowell
Food stamp rolls explode after Obama loosens rules: Exam
$ 100 Million Loan: SCC

The Student loan crisis keeps getting worse: AT
ACLJ, Sekulow Call in Sequester Of Anti-American Muslim Brotherhood: RWN
Marc Faber on why This Disaster is Different: JohnGaltFla

Scandal Central

Labor Department Sued for “Stonewalling” Hilda Solis-Illegal Alien Records: JW
Nixon has won Watergate: Turley
Homeland Security Demands “Obedience” in Message to Agents: NewAm

Climate & Energy

Climate Change Endgame In Sight?: Power Line
Energy gap leaves Britain freezing in the dark: Exam
EPA Plans to Require Cleaner Gas: Could Hike Gas Prices $ 0.10 a Gallon: WSJ

Media

Associated Press: Newtown gunman was equipped with tiny shotgun with 6-foot tall magazines: Owens
Jon Stewart Goes Off on Obama’s Incompetence and Broken Promises to Fix the VA Backlogs: Clash
Cheney: “Preventing this president from enacting devastating policies is not obstructionism. It is patriotism.”: Scoop

Benjamin Carson Smeared on Polygamy Comments, Yet Justice Sotomayor Raised Same Concerns: AmPower
Carson Willing to Step Down as Commencement Speaker After Protests: NewsMax
“Being Biden.” It’s a Gift, Harry.: MOTUS

Piers Morgan’s Ratings In The Toilet After Gun Control Rants: RWN
Horrifying NYT Article Praises Jim McGreevey, Absolves Him of His Sins, Just For Being Gay: Ace
Time Magazine, Concern-Trolling for Holy Thursday: “Can Your Child Be Too Religious?”: Ace

World

Islamists enter military in Egypt as part of Muslim Brotherhood effort to take control, US says: WFB
After U.S. Unblocks Aid to Palestinians, Abbas Flouts U.S. Wishes by Advancing Push for Statehood: CNS
Obama’s nightmare of a second term: AT

Muslim “Secret” Courageously Outed: Gatestone
Greeks find cause of all their woes: the Jews: Times of Israel
First Civil Union Between Three Partners in Brazil Sparks Outrage: NOM Blog (2012)

Mexican Cartel Captures Rivals, Then Dismembers and Boils Men and Women in Acid: Borderland Beat
So Long, Yankees! China And Brazil Ditch US Dollar In Trade Deal Before BRICS Summit: IB Times
Jim Rogers: ‘Run for the Hills,’ I’m Doing It: Yahoo! Finance

Sci-Tech (courtesy BadBlue.com/Tech)

Where Have All The Physical QWERTYs Gone?: TechCrunch
Smartphone running ‘Facebook OS’ said to debut next week: Register
Here’s Why You Hate Your Cable Company: AllThingsD

Cornucopia

Everything you ever wanted to know about progressives part 562.84: Sondrakistan
FPSRussia Home Raided by ATF: Guns
FBI ‘flying saucers’ NM memo bureau’s most viewed: AP

Image: Sondrakistan
Today’s Larwyn’s Linx sponsored by: Support Constitutional Conservative Ken Cuccinelli for Governor

QOTD: “The grotesque mishandling of Britain’s energy policy by politicians of all parties, as they chase their childish chimeras of CO2-induced global warming and windmills, has been arguably the greatest act of political irresponsibility in our history.” –London Daily Telegraph

Doug Ross @ Journal