Read Between the Lines: Hollywood Mogul Buys 2,600 Acres of Farmland; Moving to New Zealand
February 1st, 2012
James Cameron, the Hollywood producer responsible for blockbuster films like Terminator, Titanic and Avatar, is reportedly preparing to exit stage left. While the move for the Canadian born Cameron may initially be perceived as a rejection or denouncement of American policies and ideals, Cameron, who has made campaign donations to the Democrat Party in the past, most notably during the 2004 Presidential election where he supported democrat John Kerry, may have ulterior motivations, as evidenced by where he’s planning on moving and what he’s planning on doing once he gets there.
From time to time we get a glimpse into the goings on of the well connected. This may be one of those moments:
Cameron has successfully applied to buy 1,067 hectares (2,636 acres) of farmland in New Zealand. In an application filed with the New Zealand Overseas Investment Office, Cameron says he and his family “intend to reside indefinitely in New Zealand and are acquiring the property to reside on and operate as a working farm.”
As we’ve outlined before, farmland is one of the only reasonable physical assets to hold in the event of a major crisis, as you’ll be outside of highly populated metropolitan areas, you’ll have the ability to produce your own food, generate your own energy, and, more so than your urbanite and suburbanite counterparts, stay away from the chaos that will ensue during a major upheaval.
Liberty Media CEO James Malone, like director James Cameron, has also taken refuge outside of major cities at his ranch on the Quebec border, giving him and his family an immediate international bug out plan in the event of an emergency. Another sign from the elite is that large net worth individuals and investment managers arebuying up and taking physical delivery of precious metals, which in our humble opinion, is a leading indicator that large in-the-know investors are preparing for a loss of confidence in the stability of the global economic, monetary, financial and/or political systems.