the dollar vigilante blog

Mexico Living, Phoenix Pink Jumpsuits and the Casey Summit

I write to you today from the airport in Cabo.  Living in Acapulco and Cabo I always find it funny to meet people at the airport who are all, for the most part, heading home from their vacation.  Tanned and happy looking they always ask me, "How was your stay?"

It always takes me a second to realize what they are insinuating.  "Oh, I live here," is my usual, not very creative answer.

The response back is always about 50/50.  50% tell me that it is their dream to live on the beach in Mexico... but they never seem to realize just how easy it is to do so.  Would you believe I live in a $1 million+ 3 bedroom house that I am renting and have a cook, maid, gardener and driver for a total cost of under $1,600/month?  It's true.

$1,600/month in San Francisco gets you a studio apartment where you can make your own macaroni and cheese.  That is one of the great things about living in some foreign countries.

The other 50% of the people respond by saying, "Oh!  Hmmm... I couldn't live here.  What would I do?"

I always find this a strange question.  What is there "to do"?  The funny part is that the people asking me that just finished a hectic vacation where they went fishing, scuba diving, parasailing, jetskiing, dined out every night and spent most of the night in the bars or lounges meeting all kinds of new people... and they are about to return home to spend most of their days in a cubicle and their nights rotting at home in front of the soul killing television in the dark.

The truth is that in many foreign places there is just as much "to do" as there is at home.  When I lived in Bangkok I almost joined the hockey league they have there.  That's right, in 100F+ Bangkok, in the middle of Thailand, there are enough Canadians, Europeans and Americans to not only have an ice hockey rink but to have a league.

But, even if there wasn't much "to do" in a foreign location nothing can quantify how it expands your mind.  And makes you a much more interesting person.  Who are you going to talk to at the cocktail party, Joe the dentist or Johnny, the guy who lived in Phnom Penh for a few years and started up a sports bar?

Unless you have an aching tooth that needs immediate attention I think the choice there is clear.

The flight today from Cabo to Phoenix is direct, so this is one of the easiest trips I'll have taken in recent months.  Just a total of two hours.  Still, I need to prepare myself for my questioning with the Phoenix gustapo.  They'll ask, "You are Canadian but are a resident of a Caribbean island but live in Mexico?  Why are you coming to the US?"

My response will be the same I always give, as they root through my luggage, "I ask myself the same question!"

Not to mention, once I get past that gang of thugs I then enter into the private police world of Phoenix where I was last accosted and handcuffed for walking outside of a bar with a drink.  At least I wasn't caught by the local Sheriff, adoringly called Sheriff Joe by the local slaves.  Sheriff Joe is known for taking drunk drivers, kidnapping them, putting them in pink jumpsuits and throwing them into the desert for up to a month at a time without trial.

Some people like that... almost assuredly the people who never so much as partake of a glass of wine and drive to the corner store.  Thankfully, others don't think it is so great: http://www.sheriff-arpaio.com/.

But despite all the trouble and risk of kidnapping in Phoenix - because trust me, I've been known to drink some wine and drive around - I am going nonetheless.

THE CASEY/SPROTT "WHEN MONEY DIES" SUMMIT

This conference looks to be the best all-round conference I've ever attended and I am incredibly excited about it.  Casey Research has teamed up with Sprott Asset Management to host the conference called, "When Money Dies".

The conference was actually very hard to even get a seat to.  They only had 400 seats at about $1,000/person and it sold out in minutes.

Here is a big part of the reason why... the speaker list is excellent!

  • Doug Casey, founder of Casey Research and Author
  • Adam Fergusson, Author of "When Money Dies"
  • Rick Rule, founder of Global Resource Investments
  • Lew Rockwell of LewRockwell.com
  • John Hathaway of Toqueville Asset Management
  • Stefan Molyneux of Freedomainradio.com
  • Eric Sprott, CEO of Sprott Asset Management
  • James Turk, founder of Goldmoney.com

And many, many more.  They even allowed that dangerous fellow, the original Dollar Vigilante, to speak!  They were taking a bit of a chance there... By the time my speaking time comes up on Monday I should already be in my pink jumpsuit somewhere in the desert.

Many subscribers asked me over the last few months about attending the conference and I always had to tell them that it was sold out, unfortunately.

But, here is the good news.  They are professionally recording the entire conference and you can get the full CD (or MP3) set of it by clicking here.  That is actually their "early bird" offer... if you order the CDs or MP3s now you receive $100 off the total price of the CDs.

If you weren't lucky enough to attend this conference I highly recommend purchasing the CDs.  I have no doubt that with this much brainpower in one room the amount of insights and ideas will be stupendous.  And I am sure many of them will have remarks on gold and silvers latest downturn and the hit that the junior mining stocks have taken.

FUTURE CONFERENCES

As well, please note that I'll be at the Silver Summit in Spokane, Washington on October 20th and 21st and then I go straight from there to Libertopia, a freedom conference, in San Diego from October 21st to 23rd.

I hope to see some of you at one of the upcoming conferences... that is, if Sheriff Joe doesn't get a hold of me.

And, don't forget, this weekend the October issue of The Dollar Vigilante will be sent out to subscribers.  This issue is packed with info on what happened to gold and gold stocks in September and what we expect for the fall.  Also, Ed Bugos features a junior company with the largest land package in the Yukon that recently got hit hard... he believes now is an amazing opportunity to buy cheap.  Plus we have full info on how to get a passport in a South American country easily and cheaply.  Click here to subscribe today.

Comments (9)

Laurence Hunt's picture

To those looking for job ideas, I think Jeff has been giving it away lately. Open a coin shop. Or make friends with a 75-year-old business owner who is retiring. Here in Kenora, Ontario, our local sign maker is retiring. There are always jobs if one thinks strategically and takes initiative.

Jeff Berwick's picture

Hi Number Six, certainly, I'd love to participate... you can email me at TDV@dollarvigilante.com. Cheers

Breck's picture

"Plus we have full info on how to get a passport in a South American country easily and cheaply."More cheaply than what I've seen for Patagonia? "Cheaply" is afterall a relative term, yes?

spiritsplice's picture

Sounds great, but how does one come up with that 1600 a month without a slave labor job or independent wealth?

Jeff Berwick's picture

Buy gold and gold stocks. Or start a business in a foreign country (it's usually cheap and easy)

spiritsplice's picture

How would owning gold result in a monthly income unless it continues to go up in price each month? And then there is the whole problem of having the money to but gold in the first place amd capital gain taxes."Start a business" is kimd of empty simplistic advice don't you think? I enjoy your articles but aside from scamming people like Tim Ferriss or inventimg something, I am at a loss for what to do.

Number Six's picture

Or get a job in said foreign country (i.e. M

Jeff Berwick's picture

Spirit: It's a bit tough to give life advice in the comments section... but I will try. How old are you first of all? And what kind of skills do you have?Number Six: Where do you live in Mexico?

Number Six's picture

I live in Guadalajara, I'm an occasional poster here. I've made a career in education (internationally), so I can just float around the planet as I wish.Actually, I have been getting a few authors and journalists to do short live Skype video interviews for some of my classes. I teach a North American economics/politics undergrad course and was wondering perhaps Jeff if you'd be interested in sharing your wisdom for 10-15 minutes via Skype in my classroom, to help wake people up, so I don't look like the only prophet in the wilderness on campus. I'm also thinking of ways to get additional income down here in the not too distant future. Your Acapulco apartments look pretty good, but nothing I can seriously consider at the moment.

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