The Silver Bear Cafe

In the early 1530s, a Spanish conquistador named Diego de Ordaz was exploring modern-day Venezuela when he first heard rumors of a nearby City of Gold.

Ordaz thought he was about to hit the jackpot. And he wasted no time ordering expeditions of the area to find this city– what eventually became known as El Dorado.

The mission failed, and most of Ordaz’s men died. But one survivor, a crewman named Juan Martinez, claimed that he had been captured and held prisoner for 10 years in El Dorado.

Martinez told sensational tales about the city’s golden structures adorned with precious stones, and even said that the local king bathed in gold dust every morning.

Martinez also said that the people of El Dorado were all so rich with gold that no one really had to work. They had constant festivals and would often feast for seven days straight.

Europeans were instantly hooked. And more expeditions were immediately launched.

The conquistador Gonzalo Pizarro (half brother to Francisco Pizarro) was so fanatical about El Dorado’s existence that he marched thousands of people through the jungles of South America for eighteen months looking for the city.

And yet there were still countless expeditions launched over the next several decades in search of the lost City of Gold.

Everyone desperately wanted to believe in this fairy tale– that there was a place overflowing with money where everyone could live for free and spend their lives feasting and drinking.

Maybe this desire is hard coded in our DNA because there still seem to be people who believe in it.

Today’s version of El Dorado is the printing press. Politicians seem to have a fanatical belief that they can conjure paper money out of thin air and pay for everything.

For instance, #RentStrike2020 is a nationwide movement in the Land of the Free to simply cancel rent.

People want months of rent and mortgage payments to be forgiven. Poof, disappeared.

Congress is now considering the Rent and Mortgage Cancellation Act which would cancel all rent and mortgage payments for the duration of the pandemic, and possibly beyond for up to a year.

And the law would be retroactive, so they’d go back in time to March 13 to cancel rent.

The government would then set up a fund for landlords and mortgage holders “allowing them to recoup their losses, so long as they agree to abide by a set of fair renting and lending practices for a period of five years.”

Some of those conditions include not raising the rent for five years, and not denying renters based on credit history, or criminal record.

This is insane. First the government will tell landlords that the contracts they signed are void. And then, if someone wants to rent your property who has a history of not paying rent, you’re not allowed to reject them.

Another bill proposes to pay $2,000 per month, for the next year, to every American over the age of 16 who makes less than $130,000 per year.

Naturally the bill doesn’t mention costs. Why bother with such a trivial detail?

But based on the number of people who qualify, the cost could easily top $4 trillion.

That’s more than the entire federal tax revenue last year! They would literally spend every penny they collected in taxes last year just for that one program.

But no one really cares anymore. There are no rules, and both the government and central bank have decided they’ll do whatever it takes during this pandemic.

What’s really remarkable is that they seem to believe all this deficit spending and money printing will produce favorable results.

If you could simply print money to become a prosperous nation, then Zimbabwe would be the wealthiest country in the world.

But that’s not how it works. Creating more money is not the same as creating value.

Value creation is difficult. It requires talented people to work hard work and produce; it cannot be conjured out of thin air by a bureaucrat.

Right now the economy is shrinking. Millions of people have lost their jobs, which means there’s a whole lot less value being created.

For example– Queen Bolshevik, Alexandria Ocasio-Cortez, gleefully celebrated oil’s MINUS $40 price earlier this week, and predicted that the crash would prompt people to switch over to renewable energy sources.

What is this person thinking?? Ultra-cheap oil will compel people to use MORE oil, not less. Duh.

If anything she should hope for a $150 oil price and record high profits for oil companies. Renewable energy would be MUCH cheaper at that point, and people would have a big incentive to switch.

AOC clearly has no understanding of finance or economics… which is ironic because she’s one of the biggest fanatics of the printing press myth.

No one has to work. No one has to pay their rent. They government is just going to print money and send everyone a check every month.

It took nearly 500 years, but America has finally found the lost city of El Dorado. It’s called the Federal Reserve.

Never let a good crisis go to waste is the mantra of the elites.

In tumultuous times, their tactics have extra potency. They reach for more power.

But this is also when the elite are most vulnerable.

By studying their tactics, you will be more prepared to guard against, and counter-attack the enemy.

The current crisis is being used to exploit the masses. But it also presents tremendous opportunity to take the power back, and reshape this world.

Society is entering a new period of transition, a struggle that will reveal the elites of the next generation.

Now is the time to seize your power if you intend to be among their ranks.

You’re making a high-stakes bet that everything is going to be ok in that one country — forever.

All it would take is for the economy to tank, a natural disaster to hit, or the political system to go into turmoil and you could lose everything—your money, your assets, and possibly even your freedom.

Perfect Plan B Guide Luckily, there are a number of simple, logical steps you can take to protect yourself from these obvious risks:

No Brainer Strategies to Ensure You Thrive No Matter What Happens Next

Invest outside the mainstream and make 12% with minimal risk
Protect your assets and become invincible to financial crisis and frivolous lawsuits
Legally slash your tax bill up to $1.2 million each year
Obtain a valuable second passport… for free

Learn about these and many more strategies in our free Perfect Plan B Guide.

On average, I travel to over 40 countries per year…doing business, investing, exploring emerging markets, and establishing and maintaining important relationships.

Just to give you a brief snapshot, some of the things I’ve done recently include…

Starting my own private investment bank
Negotiating an eight figure financing deal with one of the largest financial institutions in the world
Meeting with the former President of Colombia at his home
Leading an investor group to take a controlling stake in a public company
And speaking on stage to thousands of people alongside Rich Dad, Poor Dad author, Robert Kiyosaki
Everything I learn from these valuable experiences is passed on to readers of Sovereign Man in our free newsletter, Notes from the Field, and in our highly actionable and educational premium products.