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As for not enough gold? I think you are mistaken.....hence why I said to keep panning. We have plenty of gold out west.....more than you may imagine ;) If things collapse and everything goes into the shitter, you can bet people will be trading gold, diamonds or anything of value to sustain themselves with any person that has what they need. I don't think any person is going to abide by any system set up by a government that failed them......:2 cents: |
like i said earlier, you can't eat gold, plant gold, it will be worthless as well if things got that bad.
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i mean really, if the economies collapse there will be utter pandemonium, the dark ages will return for a while so how do you possibly think you are going to get in your car (how about getting gas?) to get to some place in order to exchange your gold for anything of value? |
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No one is going to trade for gold (or diamonds) under your scenario for exactly the reason Agent 488 stated. If someone has chickens, I have corn, Agent 488 has water, Nikki_Licks has ammunition and TheDemon has gold, the first four of us are going to barter but TheDemon is going to have a hard time finding someone to accept his gold until such time that there is enough order that a monetary vehicle becomes efficient. When this happens, it will be electronic / paper money again EXACTLY because there is not enough gold and it is not efficient to carry around and use as a medium of exchange. Whether the currency of choice is backed by some commodity or basket of commodities or some other scheme is another topic. . |
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Hence why being prepared is very important and getting to where we need to go will be no problem.......but I don't think I will find too many people on our claim and if we do, god bless them..... http://nikkilicks.com/pics/upperarmNE.jpg |
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The people with weapons and ammo will not bother with trading; they will simply shoot you and take what they want. When I think of collapse, I think of all out total ciaos and each man for him self….. maybe I am understanding collapse differently than you folks ;) I do understand your point, don't get me wrong, just seeing it from another angle. If in fact anything like this happens, we are all fucked in one way or another and no one can predict the outcome.... |
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maybe i will put together a book on what really happens during a collapse and what to expect. hint: after a quick dissolution the social body starts to self-organize. |
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4 people could get away with using 10 gallons a day so you have 100 days of water, if you have any land you have a garden along with canned goods etc, gas stove (with min 50 gal of propane stored somewhere) and of course guns and bullets. and as you say a variety of medicines. |
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the social body may self organize, but will do so in primitive tribal groups who largely understand politics like insects. in other words they don't. just think in terms of these casey anthony mobs and imagine them without a leash. |
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In Panama City, Panama where I live now, probably not a great place to be. lol Quote:
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I guess my ass will be back in GA if this happens and I can get there. Might even have to bring my mule out of retirement! :1orglaugh . |
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There is no doubt that precious metals still have a value premium placed on them when times become uncertain. This uncertainty creates a demand and in a global economy the level of uncertainty that is still in the air has gold up in all currencies. So, contrary to what many people are fixated on, it is not completely US$ dependent. Personally, I think that while it still has years left to work higher, the opportunity in metals will pass. After all, they pay no dividend or return, so it is purely an asset appreciation play. And I never made mention of what you advocated, so I'm not sure why you slipped that in there. . |
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I hate to break it to people who are stock piling weapons and ammo, but there will be no collapse of modern society in the US. At worst we could have a day or two of unrest if we suffered a major power outage or something like that, but if the recession showed anything it showed that once and for all those with the money rule and they have far too much invested in and far to much riding on this country to just let it collapse.
In short there is a lot more money to be made in keeping Americans fat, happy and watching TV than having the government collapse and letting chaos rule. More likely what we will see is an election cycle where every few years we throw out the party in power and replace it with the other only to get sick of them and toss them in exchange for the ones we didn't like a few years ago. We are already seeing it. Eventually, that may change and more independents will take office, but it will likely be a slower process that takes 15-20 years and starts at a grass roots level that changes this country not some collapse where things turn into the Road Warrior. |
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99% of the people who buy it don't need it, they just want it. |
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Will your neighbor trade for it? Probably not. But can you sell it and trade it at the markets? If history repeats itself you will be able to. But a smart person isn't only going to have gold. They are going to have real life items that people will want and need. Quote:
China Germany Russia Argentina The United States Of America ... and so on. All have fallen on their ass before. No one has to have a tin foil hat on to know that it can and probably will happen again. It's only a matter of when. Shit happens. History doesn't lie and always repeats itself. |
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fuck gold i'm going with bitcoins.
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mr. bernanke, are bitcoins money?
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If everyone wakes up tomorrow and the USD is worthless and they can't buy food, good luck with your theory of peace and love. It will probably turn into chaos pretty quick until the local authorities and National Guard step in. Americans are generally pussies these days so I doubt if Joe and Clara from Indiana are going to get out of line, but in the cities where you already have a high crime rate, I wouldn't want to be there. |
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The world didn't miss a beat then. On the other hand, if you apply the same economics to the US as the worlds reserve currency issuer, in a global economy and where systemic risk is attached to the world, you end up with a scenario where gold doesn't mean shit because as was said, you can't eat it, sleep under it, etc. We are talking past each other because we've widened the distance between the definitions of "collapse". . |
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What do you WANT everyday? Cigarettes Coffee Snacks What do you NEED every day? Food Clean Water Medicine Batteries Matches / Lighter Fuel Toilet Paper Stock up on what you can't do without. It's also cheaper to buy in bulk, so do so and rotate your stored food and save some money along the way. |
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I honestly have no idea how it will play out, but I don't want to be left holding my dick if the worst happens. Doesn't take much money to be a little prepared for the worst and just hope it never happens. |
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statistically, collapse will be regional, like the tsunami in japan. or haiti. i don't see any u.s. collapse, other than the one you mention, requiring more than a 3 day nut to get by on. btw, i am not disagreeing with you, these are just my views for myself. |
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I'm going to go out on a limb and say that those worried about guns/water/MRE's etc are only focused on that because they have no real wealth to deal with. There are in my view ideas that can be followed through on that seem more realistic to the risks that may come to pass, but they are more about protecting wealth and assets, and capitalizing on changes in the financial systems and markets. . |
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Most likely there would be small pockets of unrest here and there and within 48 hours the government would have a solution and all would be fine at least for the moment. The best thing anyone can do is have enough food and water on hand to last them 48 hours and just wait it out. But that is common sense no matter what. There can be weather/natural events that can knock out power for days or cause problems where there is no civil unrest, but having a flashlight and some extra food on hand could come in very handy. |
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