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La Estancia De Cafayate
is a unique life hedge, even a modern day Galt’s Gulch,
located in Salta, Argentina. This is the dream project of ‘The
International Man’ Doug Casey who partnered with Former Salta Governor
and current Argentine Senator Juan Carlos Romero. If you are considering a
life hedge, given the quality of people this development is attracting, the
uncertainty in the world and the potential for significant major disruptions
to daily life then I think this special phyle
deserves consideration.
When the time for performance has come the time for
preparation has passed.
WHAT IS A LIFE HEDGE?
In Chapter 6 of The Great Credit
Contraction I discuss the importance of the Five Flag Theory and a life hedge is an
essential competent of this concept. A life
hedge is a backup location where you can relocate yourself to
maintain the lifestyle you have designed. Implementing provident living
principles requires one to put in place a contingency plan for their
personal location.
When one is unprepared for and effected by those events which are
possible, although not probable, then one’s lifestyle gets designed for
them and in many cases they do not like it. Just ask the cold, starving
masses in Japan, Haiti, Chile, Thailand, etc. who failed to adequately hedge
against natural disasters. A life hedge is a form of insurance for yourself and your family
against the flock of black swans. While charity is nice I guarantee you
that no one cares more about whether you are fed and comfortable than you do.
With the current system unraveling it is important to prepare for survivalism
in the suburbs as the veneer of order is extremely thin.
For example, if you had to take the last plane out of your city then (1) where would you go
and (2)
how would you maintain your standard of living?
In the Information Age the ability to have a ‘location
independent’ lifestyle has becoming increasingly available to more
people. By designing your lifestyle to be location independent and having
multiple locations you frequent then you will be able to have continuity of lifestyle
despite the tumultuous and unpredictable events, from natural disasters to
political unrest from supply chain disruptions to currency collapse, that can and will occur during this
transition from the Industrial to the Information Age.
When considering a life hedge there are a few elements to consider
such as plentiful water, good sun exposure for gardening or photovoltaics, not on a flood plain, panoramic views,
minimal noxious weeds, away from potential real estate developers, low
housing costs, access to and ability to produce food, low population density,
compatible neighbors, and many more.
Doug Casey has been preaching the end of the world
for 30 years and with La Estancia being his pet project and personal life
hedge he has made sure that La Estancia De Cafayate is an excellent well-rounded
choice when it comes to its survival characteristics.
INTERVIEW WITH DOUG CASEY, JUAN CARLOS ROMERO AND JUAN ESTEBAN ROMERO
Who is John Galt?
LA ESTANCIA DE CAFAYTE
Even if you never use La Estancia De Cafayate
for its retreat value it will still add considerable utility via the golf,
polo, wine and networking opportunities. At every event I have attended I
have learned a tremendous amount from the others there. With so many
successful, creative and productive people with a similar philosophical and
practical outlook the environment is ripe for business opportunities. Since
one has to be somewhere why not be around other successful, creative and
productive people with whom you can plan and plot great business ideas and
opportunities to accomplish?
The first time I visited La Estancia De Cafayate
was in 2008. At the time I thought the probability of success was about 15%.
Doug’s idea was rather crazy; raise a first class country club from the
desert sand in the middle of nowhere and a thousand miles from the closest
large city.
But after three years I would say the probability of success is now
100% because enough lots have been sold that the development has no debt and
enough cash in the bank to finish all major projects. Additionally, this is
the crown jewel of Salta and its success or failure reflects tremendously on
Mr. Romero’s reputation. The clubhouse, many vineyards, roads, polo
field and utilities are finished. The Health Club and Spa are under
construction along with the incoming Grace Hotel and a regular
flight from Salta to Cafayate.
So much of the initial risk with the development is gone. World
conditions have continued to deteriorate which increases the attractiveness
of this type of life hedge. Information technology makes it easier than ever
to be in the middle of nowhere yet in the thick of it all when it comes to
business or trading. The lots are selling at a quicker pace.
I think the probability of it selling out and becoming a very
exclusive community which high powered individuals frequent on a regular
basis has greatly increased which adds additional utility for those who may
be seeking the opportunity for networking for business opportunities, etc.
Plus, how does one put a value on having cool like-minded neighbors?
FAILED WORLDWIDE FINANCIAL SYSTEM
The fractional
reserve banking and fiat currency conspiracy system failed in 2008. Only
inertia coupled with quantitative easing is keeping the system from
unraveling faster. But the effects of massive inflation are well known to
result in shortages and rationing. World political and monetary authorities
can print little colored coupons but that creates neither wealth nor food.
Why are gold, silver, oil, and food rising so quickly?
 
The Federal Reserve’s insane monetary policies sustaining the
unsustainable are going to cause tremendous problems. Food is going to become
a lot more expensive and this will continue to feed political instability.
The chaotic fingers of
instability are getting even more unpredictable.
The financial crisis will lead to economic, social, political and
geo-political crises of increasing intensity. The FRN$, the world reserve
currency, will be the last layer to evaporate in the great credit
contraction. So far the United States has largely been insulated from the
effects of the financial crisis on daily life. But when the FRN$ currency
crisis comes, hyperinflation being a form of
deflation, the United States will be ground zero. Then things will get
dicey real quick. You may want to know how to vanish.
Are you going to watch this mess on the Internet or
out your front porch? La Estancia De Cafayate
is well positioned should the more dire forecasts about Peak Oil or this
worldwide financial crisis come to fruition. Even if the end of world does
not happen it will still be a fun place to spend time and have a great batch
of people to spend it with. After all, it is not so much where you go but who
you go with.
CONCLUSION
How many more wake up calls does one need
before they take action and secure a life hedge? Bear Stearns, Lehman
Brothers, Iceland, Greece, Portugal, Haiti, Japan, the FRN$ and so many
others. When the time for performance has come the time for preparation has
passed. I think La Estancia De Cafayate
deserves serious consideration if you are looking for a life hedge and we
would appreciate the opportunity to help you in that regard so feel free to contact
us. For example, Bill Rounds is fluent in Spanish and can help with any
legal documents.
Trace Mayer
RuntoGold.com
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