Yavapai Residents April 27, 2024
• Are you concerned (or fearful) of possible events in the near future that can/will drastically affect your life and those whom you love? You probably should be! For example: collapse of the US dollar causing economic chaos in the US, BRICS, CDBC, precious metals, hyper inflation … If yes, buckle up and allow us a few minutes of your time to read further as we help you understand these likely near-term challenges.
• The Yavapai County Preparedness Team (YCPT) is an IRS 501(c)(3) tax exempt charitable education organization with 10 years of service specializing in training the community in disaster preparedness. In addition to strategies for surviving normal man-made and natural disasters, we are currently developing contingency planning mechanisms for an economic collapse of the United States. If you think that statement is preposterous, consider the following facts:
1. US government is currently $250 Trillion in debt (comprised of $34 Trillion they recognize +
$216 Trillion of unfunded liabilities like Social Security, Medicare, Medicaid, and other social welfare programs).
2. Our $34T debt is roughly equal to our GDP. History shows no country has ever overcome this situation without extreme consequences.
3. The CBO reports a $1.5T deficit for 2023; which is $4.1B/day
4. Our current interest on debt is $2.4B per day and rising.
5. 2023 historic bank failures; FDIC assets reduced to 0.6% of liabilities
6. 2024 projections indicate $1T additional debt every 100 days!
7. Essentially all 2024 projections are worse than previous years.
8. BRICS goal: destroy US “petro” dollar as “world reserve currency”
9. Federal Reserve working to implement Central Bank Digital Currency following the Communist Chinese model which says “You will own nothing, but you will be happy”. All of your assets will be replaced by a card similar to a debit card. But this card will exercise total control over your life: what, when, where, and if you can buy anything or travel anywhere.
10. Student debt, personal debt, credit card debt all currently record high
• This is unsustainable and likely irreversible. The US Dollar demise is imminent.
• YCPT is developing a program to educate, motivate, and facilitate residents and local businesses to adapt to these changes by adding use of gold and silver for barter and trade. This is legal under current AZ law. We consider precious metals a form of insurance to enable commerce to continue despite collapse of current fiat paper currency. (BTW, history tells us ALL fiat currencies eventually fail!) This insurance has at least three special features over CBDC: privacy, no government control, and no annual premium payments. You buy metals once and they are yours forever.
• We are not alone. At least 15 US states are preparing legislation to make gold and silver legal tender; some will also outlaw CBDC. We would like to partner with you and begin informing the business community how best to make the transition from U.S. Dollars back to gold and silver. Realize, this is the way we used to do it, with real money gold and silver in our pockets!
• Precious metals have been in use as currency for thousands of years to permit
Yavapai Residents April 27, 2024
commerce (buying and selling goods and services) and as a store of wealth. They have several basic challenges: how do you know a piece of metal is really precious (i.e. genuine), how pure is the metal, and how much is it worth today? Early governments began to coin money (perhaps in bronze) in differing denominations. More recently, in the US the coins were actually made of precious metals.
If you ever had certain pre-1965 US coins in your pocket, you were carrying precious metals. They were made of 90% silver! One “face dollar” (10 dimes, 4 quarters, or 2 halves) of these coins contain 0.715 ounces of silver. Had you known the future, you would have kept the coins and spent the intrinsically worthless fiat paper money instead. Today, these coins are worth 20+ times their face value!
Paper money allows people to carry larger sums without the weight of the metal. Initially, this paper money was backed by gold (as it said right on the money). This limited the amount of paper money the government could print. Government did not like this limitation and “took the US off the gold standard”. Now they have printed trillions (yes with a T) of “unbacked” Federal Reserve Note dollars that are continuously declining in value.
All your money (in your wallet, bank accounts, 401-K, IRAs, etc) have declined even as you are reading this page! (When I was a kid, a quarter could buy a gallon of gas
or a loaf of bread. Today, a pre-1965 90% silver quarter can still buy the gas or bread. Try that with a 2024 zinc quarter.)
Let us help you better understand your precious metals future. Before a Chinese style debit card takes over your life.
Thank you for listening! Contact the undersigned for additional information. Jim Arroyo, President
Yavapai County Preparedness Team 928-636-8895 YCPT.org