From the Publisher's Desk
When we first started researching articles for our missives 18 years, we were hard pressed for privacy related articles and articles about losing our freedoms in the main stream press. In fact we wrote most of the articles ourselves back then.
Fast forward 18 years and the main stream press today have articles titled:
* With H.R. 1981, the jaws of law will eat your Internet rights
Whilst this makes putting each issue of PTBuzz a bit easier for us these days, clearly our freedoms are in ever greater peril. Every day there is increasing risk to our freedoms and civil liberties.
Clearly over the past 18 years the loss of our freedoms and our rights have been so dramatically eroded, it has reached the point where the main stream press, are forced to print articles about these glaring losses.
Whilst perusing old issues to see if we could locate an article relevant for this missive, I came along the following article from one of 1999 issues. Enjoy
PERSPECTIVE on the TAKING OF RISK.
Risk and the 'taking of a risk' is central to the decision process we all take with most situations in life that we are presented with. But what exactly is risk? Unfortunately, there is no simple or clear answer to this question, as risk is an extremely complex concept and requires an in-depth explanation.
This missive attempts to put this concept into perspective and describes the most important types of risk that every investor, PT or otherwise, must consider - whether you are interested in preserving your freedoms and rights along with the purchasing power of your capital or achieving an above-market return.
Before turning to the various descriptions of the forms of risk, it's important to know that a risk profile is not universal, it varies from one person to another, and the risk is linked to return. The higher the risk you are prepared to take, the higher the expectation of the return or your freedoms. It's one thing to receive a high return on your investment, but quite a bit different matter if you don't receive the return of your initial investment or capital, and maintain your freedoms.
Types of risk -- that you may have to consider.
* Ordinary market Risks.
* Company risk. The price of a particular company may fall, if the company faces financial difficulties such as declining earnings.
Financial risk aside, it takes more than a general awareness and understanding of the various forms of risk to your freedoms and privacy, as well as to maximise on the returns from any investment. In very simplistic terms; are you are prepared to take the necessary actions/risks to protect yourself from predatory government in order to secure a high level of privacy and freedom in order to retain your freedoms and what you can 'afford' to lose? You might seriously ponder this question as we believe your government, all governments, will over the years to come, continue to intentionally steal your freedoms and civil liberties in order to enslave you as their serf.
Placing a decent share of your capital offshore in a currency other than that of your home country may present some risk. But what is the risk for leaving all your capital in your home currency that is devaluing? Point in fact; If in 1913 you purchased an item for US$100, today (1999) that same item would cost: $1,682.83 or a rate of inflation change: 1,582.8%
The CPI inflation rate uses the average Consumer Price Index for a given calendar year. This data represents changes in prices of all goods and services purchased for consumption by urban households. This index value has been calculated every year since 1913. For the current year (1999,) the latest monthly index value is used.
In 1999, for example, it took $17.39 to buy what $1 bought in 1913. You can thank you're government for that devaluation, and we believe this trend will continue. Do You?
By PT'ing, or preparing thoroughly, in order to guard your rights and freedoms, you should always be in a position from which you can recover in the event the inevitable doo doo hits the fan, i.e. having a second or third passport for an emergency, having an offshore bank account, owning physical gold and silver coins, etc. and so forth.
[Editors note: See a forthcoming issue for a list of what we believe are essential items every PT should have.]
This is what PTBuzz is about; helping you to position yourself so you find ways to protect you and your love ones from the risk that governments present, i.e. their ever expanding tax tentacles and privacy encroaching intrusions into our everyday lives.
If you believe these erosions won't continue and increase in the future, that is your prerogative and we wish you well. For those reading these words who feel otherwise, perhaps its time to take some 'risk' in order to protect yourself and take action!
See you next issue
"The people never give up their liberties but under some delusion."
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