| July 05, 2014 | | | | | | | |  | | | | Come Chill With Us This February | | | | | - Readers weigh in on this week's coverage from Rancho Santana...
- Serious readers wanted: Your invitation to come down to Nicaragua in February with The Daily Reckoning…
- Then, we republish a 2010 Bill Bonner dispatch from a previous Chill Weekend in Nicaragua...
| | | | | | | | | | | | Top-secret document reveals JFK's REAL assassin? This is BY FAR the most controversial thing we've went public with at Agora Financial. Our military man uncovered this 50-year-old document after a 12-month investigation. As shocking as it sounds, this document may have unlocked President Kennedy's real assassin... and why they really killed him. | | | | | | | | | | | Managua, Nicaragua
July 05, 2014 Peter Coyne, from the Hotel Camino Real…
Hopefully, the bellyache you're nursing after yesterday's frank and beer binge isn't keeping you from relaxing this Saturday morning.
As for us, we're spending the day in Managua -- the capital of Nicaragua. Though there's not much happening here, it's three minutes away from the airport, and our flight back to Charm City tomorrow is at 7:00 a.m.
It's much easier to spend the night here than leave Rancho Santana at an ungodly hour. So with little else to do in the meantime… we turn to our always entertaining mailbag.
"Please do not be alarmed," wrote a regular reader this week, "if your peaceful mornings and the smell of wildflowers are interrupted by the smell of sulfur, rotten eggs, methane and something close to a meth lab: "A major shale depository was recently discovered in Nicaragua, right next to the lovely and peaceful resort of Rancho Santana. Pay no mind if your water catches on fire and the horses start galloping for the hills for no apparent reason. Fracking is in the house! Woo-hoo!
"Please ignore those tree-hugging naysayers; we wildcatters are gonna get rich!
"Just giving you a hard time. I know you can take a joke! Congratulations on your marriage and well-deserved vacation. Promptly delete this email and return to wine and song and fun, especially since there is no shale to be found in Nicaragua to disrupt (ahem, destroy) the beautiful landscape.
"It does not look like I can make it anytime soon. I see no reason why you should not write the DR from the peaceful surroundings you have found there. It looks like I will be stuck with the rioting peasants in the former USA when all hell breaks loose, but as James Rickards says, monetary collapse does not necessarily mean the end of everything we know and can even lead to something better.
"Keep on with the good humor and a healthy dose of sarcasm!" Heh… gracias.
"I have been reading your newsletters for several years," writes a second reader. "I am an American but currently live in Cusco, Peru, with my wife: "I was in Nicaragua for a couple of weeks in July 2002. We were in a small town at the south end of the lake. At that time, there was a massive problem with flying bugs. They were not mosquitos, but they got into your eyes and ears. You had to cover your mouth and run from place to place and sleep under mosquito nets.
"It was also hot and humid. I have been in over 50 countries of the world, including most of Southeast Asia. I have had to live with mosquitoes that spread malaria, dengue fever, filariasis and yellow fever. I know that many of these places are cheap but bug-ridden. Please tell me what the bug and mosquito situation is like in Rancho Santana." Hrm. You know, we haven't seen one mosquito during our stay. There are bugs here, obviously. And if you leave your door wide open, they'll welcome themselves into your home. Especially at night. Otherwise, we've had no problem with them.
There are no mosquito nets where we're staying… and none needed. Apparently, March, June and July are the buggiest season, too, so if it's bearable now, it's much better the rest of the year.
"I like it in Central America," writes a third reader, "but I always stay in small local hotels that blend in with the community: "I usually try to avoid those types of opulent enclaves like Rancho Santana. That's not the real experience. As Americans, we can afford a lot more than most of the locals. If you were born there and not in the elite class, it'd be a totally different experience." Well, uh… that's very "of the people" of you...
But we'd hardly describe Rancho Santana as opulent. It is a world-class resort, yes. And it has all of the modern luxuries like strong Wi-Fi connections, air conditioning, beautiful Spanish coastal architecture, amazing food, great adventures and services like drivers.
It's everything an American would expect to have access to -- except in a locale that's much less expensive than the U.S. The last thing it is, however, is pretentious.
If you haven't checked it out for yourself, there are two ways to do so, depending on your circumstances.
First, you can simply visit Rancho Santana's website by clicking here. If you like what you see and want to take a vacation down here with your spouse, family or friends, email reservations@ranchosantana.com for more information.
Another option would be to come down here with our founder, Addison Wiggin, and me to see the ranch firsthand during our next "Chill Weekend." It's this upcoming Feb. 4-8.
The last "Chill Weekend" we held was nearly two years ago -- so it's about time we held another one.
Full disclosure: Because of the one-on-one time during the trip, we're able to accompany only serious readers -- maybe six or seven couples. Ones who are actually interested in buying property at Rancho Santana and joining a like-minded community but need to get more information first.
In order to test your commitment, we're asking for you to pay your own way when you come down and stay. But we'll meet you in the middle...
If you come down in good faith on your own dime and decide you'd like to own property here, we'll reimburse your stay and up to $1,000 in traveling costs.
To learn more, simply send an email to marcb@ranchosantana.com right now. He'll be able to give you all the information you need and help you decide if the trip will be the right fit for you.
Be sure to mention that Peter Coyne from The Daily Reckoning sent you. I told the folks here about you ahead of time, so they'll be expecting you.
Below, we republish Bill Bonner's short dispatch from a 2010 reader powwow here at the ranch. We hope you enjoy it... | | | | | | | | | | | | Just days ago, California passed a law making a controversial new banking system legal within the state. This new banking system is already exploding across the globe. It even has its own ATMs up in cities all over the U.S. The best part of this type of "bank account": You can actually make money with it. In fact, a simple deposit of $100 back when the system started in 2009 would have exploded into more than $3.5 million by November of last year. Click here now to find out how this new account could change banking forever. | | | | | | | | | | | | | | The One Development That's Doing Well Down Here | | | | by Bill Bonner | | | | |  |
When we arrived in Nicaragua, a group of Dear Readers was already at the house. They were having a dinner party on the lawn. Tables had been set up…looking out over the ocean. By 6 p.m. it was dark. A full moon arose in the East. It had been windy earlier in the day, but now the wind had eased into a gentle breeze.
Joselito brought out his guitar.
"Besame. Besame mucho…"
"You must love it here," said a young woman. "This is about the most beautiful place in the world, isn't it?"
The next day, we took a tour of the development here in Nicaragua.
Housing is in a slump in the US. Developments in Latin America and the Caribbean have fallen on hard times too. Especially here in Nicaragua, where president Daniel Ortega has driven off foreign investment.
"I think he's becoming paranoid," reported our local contact. "He doesn't want to go anywhere. And when he goes out, he has a whole team of bodyguards. He's afraid someone is going to kill him."
But Ortega or no Ortega… real estate bust or no real estate bust… Rancho Santana is booming. There is a new pool at the clubhouse and a new clubhouse under construction. New condos. A huge new woodshop. New heavy equipment. A team of 250 workers… some of them working day and night. Ex-corporate Banker Reveals Wall Street's Secret Code Call a broker. Give him a nine-digit code and wait for his stunned reaction. He won't believe his ears. He'll want to know how on Earth you got your hands on it. This secret nine-digit code is typically reserved for elite executives... an insider's way to increase gains by 111-1,900% while cutting risk. But now, after 80 years, one rich ex-banker is taking it public. What's going on?
"This is the only project in Nicaragua that is still doing well," explained a sales agent. "It's practically the only project in Latin America that is still solvent. Down the coast, several of them have gone bust. In one, the owner just left. The homeowners tried to call. But he just packed up and left the country, leaving them without roads or water.
"And that's not that uncommon. These guys sold lots during the boom years. Then, when the bust came they didn't have the money to complete the projects. Lot owners were left holding the bag.
"Developing is a tough business, even in the best of times. And developers are generally a stupid bunch. If not actually criminal. Either they are dreamers who keep investing in their own projects. Or they are schemers who take the money out. The dreamers go bust in hard times. The schemers high tail it out of the country.
"You need a serious developer. One who's been through a couple of complete cycles. One with enough money to survive. And one with enough integrity to do what he's promised. Unfortunately, there aren't many like that. Not down here.
"You can buy very cheap property here now. But you have to be careful."
Regards,
Bill Bonner
for The Daily Reckoning | | | | | | |  Bill Bonner is the founder of Agora Inc. and cofounder of The Daily Reckoning. He is also a three-time New York Times best selling author. | | | | | | | BE SURE TO ADD dr@dailyreckoning.com to your address book.
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