[from Trace Mayer @ RunToGold, 8 April 2011]
La Estancia De Cafayate The Great Life Hedge In Salta Argentina
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.
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 component 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 affected 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?
. . . click here to read the rest of this article & to watch Trace's interview with Doug Casey, Juan Carlos Romero, & Juan Esteban Romero
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