Best gold coins to bring to Latin America for your plan B

 

Best gold coins to bring to Latin America for your plan B

The top three gold coins to bring to Latin America are the Canadian Maple Leaf, The U.S. Gold Eagle and the South African Gold Rand, or Kruggerands.

The easiest and most recognizable gold coin in Latin America is probably the South African Gold Kruggerand.  It is one of the oldest and most recognizable gold coin in the world and is well known in Latin America and if you ever need to sell a gold coin take it to a jewelry store and sell it there.

The easiest place to sell gold coins is in jewelry stores in Latin America, not gold and silver coin stores but there are exceptions like in Panama, or say Mexico City. I once sold Colombian 5 Peso gold coins in Mexico City but I had to go to almost every gold coin shop to get the best price and cash, but in general Latin American gold coins aren't recognizable and hard to sell because people think they are fakes.

In most jewelry stores in Latin America Canadian Maple Leaves and American Gold Eagles are very recognizable and the easiest to sell if you need cash.

I suggest buying 1/4 gold ounce coins because the value isn't to high for most people to buy and you cn get that much cash easy without having to wait for the store owner to go to the bank and get cash say compared to a one ounce gold coin.

The easiest gold coins to bring into Latin America and to avoid getting any attention or your gold confiscated are the old European Gold coins like French Frances or British Sovereigns, or even Swiss Helvetia's. These are 1/8 to 1/4 gold coins and are small easy to hide and easy to get thru airport customs and immigration if you travel by plane. If you travel by land borders you are home free usually and you will never get searched or get asked about why you have them and in most cases there are no exray machines to even detect them.

So to reap the most marketable gold coins in Latin America to bring down for your plan B would be U.S.Gold Eagles, Canadian Maple Leaf's and South African Kruggerands.

Those are the most recognizable gold coins to buy and sell and most people are used to seeing them and buying them and trust them more than say there own countries gold coins or there neighbors gold coins.

How to travel with your gold coins, in Latin America.

Corona Virus and the declining birth rate and what it all means?

 Corona Virus and the declining birth rate and what it all means?

The birth rate is falling.

When the pandemic first took hold in the U.S., many joked that widespread lockdowns would spark a "baby boom" and sky-high birth rates. But nearly a year later, the opposite appears to be true.

Provisional birth rate data provided to CBS News by 29 state health departments shows a roughly 7.3% decline in births in December 2020, nine months after COVID-19 was declared a pandemic by the World Health Organization. California, the most populous state, reported a 10.2% decline, falling to 32,910 births in December from 36,651 the year prior. In the same time frame, births declined by 30.4% in Hawaii.

While birth rates have been falling for nearly a decade, Phil Cohen, a sociologist at the University of Maryland, said December's drop was the biggest he's seen since the baby boom ended in 1964.

"The scale of this is really large," Cohen said in a telephone interview with CBS News. "Regardless of whether you think it's good or bad to have a lot of children, the fact that we're suddenly having fewer means things are not going well for a lot of people."

Go here for link

This is unprecedented. The psychological affect of this are profound. This is not good news for peoples future and how they think of the future. If people have more kids they are optimistic of the future and what it will provide if not they don't, we are now like Europe and most of the Western World.

If the birth rate starts rising again we can be confident on the the future and a rising economy. If the birth rate keeps declining the end of the Welfare State is finished. 

Who will get the blame?

The science will get the blame. Ever sense the corona virus has been with us, the science and the people who represent scientists have been equally divided much like the United States is equally divided.

The scientists and politicians will get blamed for doing to much or to little.

Just six months ago Governor Cuomo and Governor Newsom were heroes in the eyes of the public now both are finished. 

Fauci and the scarf lady disappeared into the night not to be seen again by the public.

The longer the lockdowns remain the more the public will protest will persist.

The more skepticism will remain for people who don't trust the scientists.

This is good news for people who love liberty, so have more kids and be prosperous!

Bitcoin bull market March 1 2021

 Bitcoin bull market March 1 2021

Its Monday March 1 2021 and Bitcoin is already up 10% or more from Sundays low. I think we are still in a bull market for Bitcoin and one of the primary reasons Bitcoins going up is because we are in the reflation part of the economy now.

As you may have noticed the price of oil is up 75% off its lows copper is up 50% off its lows so I think the economy and worldwide economy is reflating and that's one of the big reasons Bitcoins going to continue bulling up.

I would buy Bitcoin in the low end of its trading range which I believe is the 44K range and sell or not buy in the 54K range is your a trader.

Silver is off its lows of 26.65 and bounced today and if it goes lower I would buy there too as a trade or if you don't already have a position is silver I would be buying here.

Good Luck!

Now is a good time to buy silver, 2/28/21

 Now is a good time to buy silver, 2/28/21

Silver at 26.65 cents at or below that price is the current low end of the price for silver and a good time to buy it if your a trader or long term investor.

The best silver to hold in your possession is American silver eagles or 1964 or before silver coins other wise known as junk silver.

American silver eagles come with a high premium so if you want more silver for your buck then get 64 or before junk silver, such as dimes quarters and half dollars.

If your resident in another country then buy the silver coin of your country unless US eagles are popular and there is a lot of liquidity in that coin.

I think we are in the early inning of a inflationary spiral so now is the time to be buying silver and gold to protest a portion of your savings.

Good Luck!

Cost of living for a single man in Guatemala. 2021

 

Cost of living for a single man in Guatemala. 2021

What's the cost of living in Guatemala 2021? Well it hasn't gone up much in all the years I have been living here. 

I usually don't like doing cost of living articles because peoples expectations can be so different and people are diverse in there lifestyle and expectations of what is a good quality of life and what it should cost.

This is written from a perspective of living a low cost of living and saving some money to have for emergencies and travel at a latter date. 

One of the big issues talking about cost of living is some expats want to copy there US or European lifestyle they have and that can be cheaper or more depending on the luxuries and other variables.

It can depend on eating out if you need cable or even the kind of booze you drink.

It can depend on if you have hired help or you do your own cooking and cleaning. So in the end its a tricky question to answer. In my case I live on 500USD to 600USD a month and sometimes cheaper, but keep in mind that's not counting if I travel on the weekends or fly somewhere for a week or two, in that case I can easily spend 800 to 1200USD a month.

These are generalizations but you can rent almost anywhere in Guatemala for 300 to 500USD a month and much cheaper in places like Lago Atitlan and other small towns or cities. In some cases a 500USD house a month will include 5 or 6 bedrooms and 2 or three bathrooms like in Xela Guatemala.

In the Capital of Guatemala 500 or 600USD will get you a small place in the nice zones but it will usually be small ad noisy at night or can be it depends on the building. If you get out on the highway or the Pan American highway going towards El Salvador you can live in middle class neighborhoods for 500 to 600 a month rents and get fairly big places to live with plenty spaces to park and of course its all guarded and gated and many times have woodlands spaces and trails to jog or bike in if you like that and all the cool shopping malls will be minutes away depending on traffic.

Of course if you venture into zone one which most of the time I wouldn't recommend you can sometimes rent a studio for 200 to 250USD a month, but it will be small, and it will be noisy during the day and evenings. and not really safe to walk in the neighborhood past 8pm or 9pm.

Where I live in Xela, Guatemala i have never spent more than 350USD and that was a full house, and I normally don't do that but it was in a nice neighborhood and great place to experience. 

I have rented for 150USD to 225 and everything in between, those were either studios or one bedrooms or two bedrooms including a place to park a car. The secret to getting cheaper rents is to pay six months in advance and asking for a discount and receipt.

As for food, in my case I don't like eating out as much so I cook at home and my food budget including beer ect is 300USD or much less. I don't use taxis much because Xela is a smaller city and easy to walk around in.

Bottles of cooking gas can for 20USD or less and last me two to three months. My internet is usually included in my rent but if its not is 30USD or less. For my phone is 25 bucks a month and I get 15GIGS data I think, if you want to pay more you can get up to 20GIGS.

My electric bill seems to average around 7 or 8 dollars for the bill, but I don't use a lot of energy sucking devises so your mileage will vary. I don't need an air conditioner or heating devises because its not to hot or cold here year round although its colder than Antigua or even the Capital.

I have met people living on three hundred USD to four hundred USD per month but that wouldn't be comfortable for me but I could do it if I had to or was building up a business and need the extra money for that.

In general I will say you can live comfortably in the Capital or anywhere else in Guatemala for the equivalent of a average social security check which is 1,400 to1,500USD per month. Me  I can live on much less and save money and build up savings and money for travel on the weekends and whatever else.

The big budget buster will be if you hang out in bars every night and or eat out every night but in gringo type places then you pay the same as in the USA or close to it but many gringos do and enjoy it but can end up spending more here than if they were in the States. 

Things like deluxe cable can cost 100 or 120 a month to but those aren't my cup of tea, for like 40 bucks you can get an internet package and cable that includes a lot of channels but not sports channels or things like that, usually that's pay per view or extra.

So to conclude, you can live on 500 to 600USD if you live a simple life and if you enjoy that kind of lifestyle you can live cheap here but you will have to be flexible.

If you want a more exciting lifestyle then it will cost you more but not much more than say 1500USD but you will live well and in the more upper end of neighborhoods. It all depends on your specific needs and desires and wants. 

Bitcoin trading alert, 02/26/2021

 Here is the days trading opportunity for buying or selling Bitcoin.

This is only for traders, not long term buy and holders. Buy at 44,000 and sell at 54,000 USD per coin.

I would take a bigger position on the buy and sell it at the top end of the range or short a really small amount for a short time frame duration. I would have a tight stop loss if i was shorting too.

Good luck out their.

The crypto crash continues.

 The crypto crash continues.

The crypto crash continues, yesterday we got a little bounce in Bitcoin and Ethereum and other crypto currencies but tonight prices are down again from 8to 12% or more depending on the crypto currency.

Today we got a stimulus package from the Biden administration and it didn't seem to move the crypto currencies much or Bitcoin, except in a downward way.

If I had to guess it might be a possibility that this maybe the beginning of a 30% to 50% correction in Bitcoin and Ethereum prices and bigger moves down in the broad crypto currency space. Even though I think this might be the beginning of a Bitcoin bear market it still seems possible we will see more stimulus from Congress or the Fed that might propel Bitcoin and other crypto currencies higher, only time will tell.

We live in such unprecedented times its hard to tell if this is the beginning of a bubble or a bubble getting ready to burst, I lean towards the beginning of a great big reflation of most assets including Bitcoin and other crypto currencies.

Go here for the video

Crypto crash continues. |Bitcoin|

 The crypto crash continues. 

Bitcoin and other crypto prices are down from there most recent highs, and Bitcoin is trading at 48,000 and got as low 46,000 in todays trading. ETH went from 1,500 USD to 1400 to 1510 USD in todays trading.

The high for Bitcoin I think close to 60,000 USD in last weeks trading and I expect Bitcoin to trade down to 42,000 or somewhere in that range and now may be a good time to add to your Bitcoin stack if you haven't bought already.

I will average in today in ETH and if ETH trades down to1200 add a bigger chunk to my stack as I expect ETH to continue to out perform Bitcoin in the short term. I don't believe we are anywhere near the end of this bubble or bull market in crypto prices or Bitcoin or ETH in the medium term.

I will use this downturn to keep adding to my holding and then in the blow off stage may take my profits and buy gold or maybe a little silver too.

Here is the video if you like a video version of these comments or just want to see the You Tube channel. 

Is really scary hyperinflation coming? Jason Stapleton says yes.

 Is really scary hyperinflation coming? Jason Stapleton says yes.

Jason Stapleton says yes there is the possibility and its higher than ever. Jason has a You Tube channel called Wealth Power and Influence. Their he talks about marketing and sales and how to start a business, but todays episode was about the possible coming of hyper inflation and how to deal with it and how it could tear society apart.

My view is we will have mass inflation in the neighborhood of 10% to 12%, but not hyperinflation. His view seems to be we will have hyperinflation then a big deflation which is my view too. He seems to think at the end of all this the Fed will raise interest rates, years down the road and crush the share markets and bond markets and thus destroy all pensions and values of even housing but time will tell.

His view seems to be the Fed is closer to running out of options and that as inflation rises it will destroy the economy and the powers that be will have to find a scapegoat and start some kind blame game that could lead to hardship for everyone.

His solutions to protecting yourself are not the usual buy gold and silver and Bitcoin but he does mentions those options and how they can help you endure the coming hardships.

His biggest take away is starting a business and having an income that you can take anywhere including offshore. He seems to think not all countries will experience hyperinflation just some.

So if you can move outside your country of birth or at least to a small town you will be better off.

His other take away is having skills you can use to earn income anywhere on the planet because it may come to that.

Here is the video if you want to see it. 

Here is my video and remarks on what I see going forward.

Demand for gold is down 2021 "India"

 In my previous article on why gold is in a bear market, I stated mostly its because of higher interest rates. Higher interest rates creates lower demand for gold and in 2020 one of the biggest buyers of gold, "India" we can see the demand for gold is down, 42% as compared to last year.

Gold demand was at 315 tons in 2020 for India as compared to 544 tons in 2019. So with corona virus and the lockdowns in India the demand for gold buying by fathers of brides in India we can see why gold is trending down.

I also believe because of rising interest rates we will continue to see demand for gold as a safe haven go down. I think in late Fall we may see a reversal but time will tell.

Here in a link to the article on gold demand in India

For the video version of these comments go here.

Is the price of gold predicting a bear market in shares?

 Is the price of gold predicting a bear market in shares?

The price of gold from August, 2020 hit about 2075.00 USD per ounce and sense then has slowly trended down sense then and the entirety of 2021. At the same time interest rates have been ticking up, the 10 year treasury has gone from about .5% to now 1.3% Today people are predicting a crash in share prices and suggesting the share markets are overvalued.

Some prognosticators are suggesting that the price of gold is in a downward trend and suggesting this will bleed into the share markets and lead to a correction in share prices or a crash. The price of gold is down about 15% sense its most recent high in August 2020.

Will we see a correction in share prices in 2021? 

I don't think so, that's the short answer. While its true the markets are over priced by traditional parameters this time I believe we have a ways to go before we see a market correction in the price of shares.

I believe the reason the price of gold is correcting is because interest rates are trending up, and the reason interest rates are trending up is because the economy is reflating and causing the bond market to reprice interest rates at a higher level.

I think if we do see a correction in share prices it will come closer to Fall and if we see a slow down in economic growth then we will see shares crumble down and then see the Fed intervene in the economy visa vee lower interest rates or more likely more money printing and the Fed will put pressure on congress to do more stimulus programs to get the economy growing again.

I believe the resent stimulus program being proposed by the Biden administration will propel share prices higher and around the world share prices will rally.

I think the soonest we may see a correction is early Fall but even if we do get a correction I see the Fed intervening to bail everyone out so I will expect rising share prices from a lower level than today and then it will spill over into the price of gold.

In the end we might be witnessing the biggest bubble in modern history, and the only asset that is not really in a bubble today is gold and other commodities such as oil, silver, of course gold and maybe Bitcoin.

When we finally see pressure on the Fed to stop bailing out banks and the establishment then we will see the final crash in asset prices such as shares, gold, commodities ect and maybe even Bitcoin, until then I expect the bubble in shares to trend up with possible selloffs of 15% or less like we are seeing in gold right now.

Go here for a video version of these comments.

Why is gold in a bear market? 2021?

Why is gold in a bear market 2021?

I want to make a comment on gold and why its down 15% from its peak in August 2020 high of 2075.00USD per ounce. 

I believe the answer lies in interest rates. As interest rates on the 10 year treasury bond hit a low of .4% to .55 back in August of 2020, gold was at 2075.00 per ounce. As of today 18/02/2021 the ten year treasury is yielding 1.3%.

I believe interest rates and the price of gold are inversely correlated. So as interest rates go down the price of gold goes up and as rates rise and the economy grows or reflates gold goes down.

As of now the share markets of the world are at all time highs and going higher so I expect interest rates to continue going up and the price of gold to trend down.

I expect the price of commodities to continue going up priced in dollars and the USD to continue going down.

I expect Tech shares as well as Bitcoin to continue going up, and most of the worlds shares markets will continue going up and being overvalued for the time being.

I believe the reason for golds downward trend is its viewed as a currency and when the worlds economies go up as well as share markets and interest rates gold usually goes down.

As we have seen in the recent past gold and the USD can rally together at the same time. I expect by the end of the summer to late Fall we will see a correction in markets interest rates and then another financial panic and the worlds Central Banks will reflate there currencies to re avert a recession depression thereby causing a panic into USD Dollars and Gold and the bull market in gold will continue.

So to recap as long as growth continues in the Western World we will see gold trend down as well as the USD and Bitcoin and shares of the developing world and the Western World go up. Intel we get another panic I think this will continue. I believe by late Summer or Fall we will get another panic into the USD dollar then Gold will shine again.

Go here for video 

The Great Reset 2020

Is this the Great Reset?

For a few months now I have been seeing videos on what YouTube bloggers have called the Great Reset. Many bloggers describe the Great Rest as the beginning of a mass inflation and or the beginning of a big clampdown on people's personal freedoms and liberties.

For example with the resent start of CoronaVirus some countries like Australia have started a policy of not letting there citizens not leave the country for a year or two or until the authorities decide they can leave, basically treating people as serfs or slaves, I didn't confirm this but read it in the press and did the best I could to try to confirm it. So that's my limited understanding of the situation there. 

There have been many lockdowns in Europe the United States or partial lockdowns in the States California and New York being the most famous of these.

To pay for the destruction of all the business going under there have been big bailouts of big business and in some cases unemployment and special programs for smaller business. 

There was no rise in taxes to pay for all this, mostly it was paid for by rising deficits and money printing, this happened in the E.U.. The United States,and New Zealand, Australia ect.

With all this happening there have been many bloggers suggesting this is the Great reset. 

So far this money printing has not led to hyperinflation or a collapse in the economy, it has lead mostly to recession and briefly a depression which it seems like we are coming out of.

My view is we will remerge into a recession and eventually more inflation. As the world economy slows down the E.U and North America and Japan ect will panic and try to coordinate some kind of worldwide bailout by reinflating their currencies to try to get their economies going again.

My view is there may be a short term rally in the USD but so far the US dollar has been weak, now trading at 1.20 to 1.21 to the USD.

Many emerging market currencies are declining against the USD but one that has been rallying is the MXN or Mexican Peso. That's signaling to me inflation is in the pipeline in the USA.

As of today the price of gold has been trending down from over 2,000 per ounce to just around 1,800 per ounce, I dont believe gold will rally intel the E.U. and the U.S. gets big bailouts thru there respective political process and that may be why gold is trending down. 

Bitcoin and Tech shares meanwhile have been on a tare to the upside. Bitcoins trading between 20,000 to 18,000 per coin.

There has been talk of the Central Bank of Switzerland taking its currency down and buying Apple shares, It has been seen as a way for Central Banks to retain purchasing power of there treasuries without holding gold or as a compliment to gold, we may see Central Banks holding Bitcoin for the same reasons.

My view is we will see slowing economies, rising unemployment and more pressure on governments to do something and that something is deficit spending and money printing and the issuing of their own Central Bank Digital currencies. The Fed has written papers on how they may go about doing this, if you can't fall asleep just read the papers!

Here is my video on my views and some possible ways to protect your savings.