Don't forget the silver for the Werewolves, just kidding!
I do agree, in a true shft, you can melt down brass as well. Taz you might want to get some mercury temp gauges for the modifications for the peskier critters 😉
Dammit, now you gave me the bug. I'm gonna have to try it. Hopefully my wife won't come after me with a meat cleaver. She often doesn't approve of my experiments, especially those involving chemical propellants.
Those who are unwilling to defend freedom, will become unfree.
One of the things I've often wondered about is why the U.S. dollar hasn't collapsed yet (not that I'm looking forward to it). The other day I finally found out why. Years ago when America was THE market for oil and THE biggest kid on the block, they were also smart. In all their trade agreements with the oil producing countries they had a clause put in. These countries could only sell oil for U.S. dollars. No matter what country they sold to, it had to be for U.S. dollars. For the most part, those agreements still hold. So, the rest of the world can't let the dollar collapse because they need it to buy their oil.
Recently, China and Russia signed a bilateral agreement to buy and sell oil in their own currencies. Several countries have said that they're going to do the same. When enough of them jump on the bandwagon, the U.S. dollar is toast.
I guess it's a good thing I only have 5 U.S. dollars in my possession.
Anyway, that's my 2 cents (Canadian) worth.
Those who are unwilling to defend freedom, will become unfree.
Iraq put themselves into the mix 1 yr. before they were invaded, they publicly said they would not be trading oil in US dollars. Not a debate, just a small informative point. O and backing your point Taz
silver is a good metal to have. the romans used to put silver coins in there drinking water . a certain amount of silver apparantley helps fight of infections and virouses . collidal silver is sold in health food stores , learn to make your own.natural antibiotic? that would be the only reason i would have any .
Your completely right taz, once the usa loses the status of having the "bench mark currency" things wont be as rosy.
Ppl dont understand the benefits of having oil priced in their own currency.
Losing this will change the face of the usa forever.
I think some of you are missing the point of metals.
Today, an ounce of silver equals 8 gallons of gas, or 4 cases of beans, or 2 boxes of ammo. It can be bought for $35 dollars. Maybe not exactly but lets just say so for now.
If a currency collapses or is devalued by inflation it will cost many more of those dollars to buy the same goods. But an ounce of silver will still be about the same value as 8 gallons of gas, 4 cases of beans, or 2 boxes of ammo.
It's simply a form of currency that will hold it's value like any other commodity. Kinda.
In the last 5 years gold has gone from $1000 to $1600. It really hasn't gained anything. Only the dollars that buy it are worth less. Unlike beans or bullets it's easy to convert into any other desirable commodity.
That would translate into about 8% inflation per year. Will anyone not agree that's probably closer to the real truth than the numbers they've been feeding us?
I think the price is being manipulated to keep it low right now, another reason to get some as it's a good value now. As currencies struggle people will turn to it, as they traditionally have as a hedge against inflation, increasing demand and the price in dollars. Only this time it won't just be the 750 million people in the old world buying it. Add in the 2 billion extra newly affluent people in the newly developing countries and you might see a real demand bubble.
If I have it in my possession, I control it. Not the bank or some financial liar ... er .. adviser. It's independence from a shaky financial bureaucracy.
I think the price is being manipulated to keep it low right now, another reason to get some as it's a good value now. As currencies struggle people will turn to it, as they traditionally have as a hedge against inflation, increasing demand and the price in dollars. Only this time it won't just be the 750 million people in the old world buying it. Add in the 2 billion extra newly affluent people in the newly developing countries and you might see a real demand bubble.
If I have it in my possession, I control it. Not the bank or some financial liar ... er .. adviser. It's independence from a shaky financial bureaucracy.
People who use financial advisers have to keep one thing in mind...they make money on services/commissions whether you make money or not.
I'm the lady you're stuck behind in the grocery store with the over loaded cart filled with cases of tuna, peanut butter, huge bags of rice and the weary looking husband
I loved this little 2 minute video titled "Why Dollar & Euro Collapse is Guaranteed" ... clear and to the point.
http://www.youtube.com/watch?v=b3WbjrDHsnc&feature=related
Investigative journalist Michael Ruppert is one of the best hands-down ... his movie/documentary Collapse is exceptional. It used to free online, now I can only find it on youtube in 6 parts... it's worth every minute of it! ( I can't remember who originally posted it, possibly Denob?)
Collapse is inevitable on the road that our global economy is on, but those individuals preparing now can make it through the transition. He makes some important points, watch it if you get a chance...
I posted link one, the remaining 5 will be on the side bar to the right, just make sure you stay with the same channel.
http://www.youtube.com/watch?v=kCMXC19osCw&feature=related
An interesting author has appeared
At allencurrie.ca he has posted, free to read, or purchase, his novel "operation Phoenix" Which is apparently set up like Orwells "1984" were Orwell observed in the 1940's, a trend and he stuck his protagonist down in that world and watched him. Some of his predictions were frighteningly accurrate. Currie is forecasting a nearby future for us
He has also posted a summary of some of his own preparations on TheTexasRing.com in an article titled something like Preparing a Plan
Great Thread!
I'm a solutions guy. This response is about solutions and common sense things I'm doing.
Ron Paul offers political and monetary solutions. His book End The Fed is excellent to help understand the political and monetary side of things.
On a personal level, the solution is to get storable food because you can't eat silver or gold. After that base is covered, get physical silver and gold. YouTube "Mike Maloney," who explains verry well why Gold and Silver will do verry well! Get as much as you can! Even if you only have $40 a week disposable income, you can still buy a silver coin every week. After a year you will have over 50 oz. I dissagree with those who say pay off your debts. Don't take on new debts and keep paying your existing debts, but not agressively! With your extra income, buy gold and silver. Lets say you have $100,000 left on your mortgage. If there's hyper inflation your mortgage will still be $100,000 in the debased currency; however, it will take much less gold and silver at that point to pay off your mortgage. If you cash a 1oz silver coin today, you will get $37. In hyper inflation, you could get $400 for that 1oz. coin. If you have a good metal position, your debts will become cheap relative to your gold and silver position.
So how does one accumulate as much physical gold and silver as possible? Every extra dollar you have, buy gold and silver, bit by bit! An other idea is If you own a house, a large portion of your wealth is tied up in your homes' equity. I'm selling my house to a realestate investor and will rent it back. Whether I pay a land lord or pay the bank, it won't change where I live or my quality of life. This move however, will clear all my debts and free up all my equity to buy a sizable amount of gold and silver. It comes down to the question: Is it better to hold metal assets or a real estate asset? I'm calling both assets because I don't consider either to be an investment. Real estate is only an investment if you are getting a rental income out of it. I'm betting that gold and silver assets will out perform real estate. Maybe I will buy back my house for pennies on the dollar when the collapse happens. This move isn't for everyone. Do your own research. Here's a youtube link that can help you make that analysis http://youtu.be/mtL_plJXv3c
He gives a link to download an excell sheet to help crunch the numbers.
Good luck preppers!
Hey Qc prepper, I am a firm believer in diversification, never hold all your eggs in one basket, weather it be realestate and or silver gold etc.
Your 100% correct on obtaining food stuffs, and not agressively paying down debts as things could easily be restructured.
I think one should invest in personal well being . Stop being concerned about the banks and weather or not they get their blood money, forget the fact that Ford is trying to suck you in to some kind of interest free crap. What it boils down to is food water and shelter, when shtf whos even going to regulate the silver and gold exchange?
Can you really picture the manager at Safeway dickering on a bar of silver ? Just remember ,diversification is good but the basics are food water and shelter.
when shtf whos even going to regulate the silver and gold exchange?
Can you really picture the manager at Safeway dickering on a bar of silver ? Just remember ,diversification is good but the basics are food water and shelter.
The price is regulated by the free market. I wouldn't go to Safeway with my silver. You first try and sell it privately. If that doesn't work, go to a gold silver dealer. I live in Montreal, so I can go to Kitco's counter and cash it on the spot. They give you about 2% less than the spot price and sell it for about 2% over spot to their customers. They are making a 4 - 5% spread and that's how they make money. Anyways, you cash what you need for the day and spend the money on food, rent, gas, etc as quickly as possible before the currency devaluates further. That's how its done.
Believe me that when the currency isn't worth the paper its not printed on, gold and silver will do well. Diversification isn't a bad idea. You can also invest in other physical commodities like platinum, palladium, barrels of wheat grain (if you have space to store it), or whatever else you can think of. I like gold and silver because it's small, recognizable, fungible and in their cycle, just like how real estate was in its cycle. Right now precious metals are undervalued. This video helps explain the gold and silver cycle.
http://youtu.be/tj2s6vzErqY
Yes, make sure your basic needs are covered first (food, water, shelter)!
Firstly Montreal is a really cool city, I get what your saying qc, I live in a smaller city 60,000 im not even sure if theres a place here that would buy and sell on spot,
Maybe the banks I dont know. Your right though gold and silver have been forms of currency for thousands of years and will continue to be
That the economic collapse can be proven by any Grade Six graduate with a calulator. As long as they are not a Finance Minister. What I foresee happening is the US/UK will get their war going with a country full of brown people who speak a different language than us. Then a solar flare hits us and burns out the grids across the First World. I know for afact that certain government organizations are hardening their networks. At this time the bansk which hold our debts will look at our countries and say, "Hmm, looks like they can't repay their debts at the previous levels of interest." Near 0%. The banks then get their credit ranking agencies to downgrade our countries. The interest rates on the debts will then go up. It's a vicious cycle but only if you're not a banker. As we crawl out of a Third World society we will be told that the banks own everything, legally. As we were in a state of war at the time of the flare hitting uor governments suspend our Rights and declare Martial Law. War, Solar Flare Damage and crushing debt. Hey why not declare martial law and say it's for our own good.
Two words to remember: Debt Jubilee.
Odious Debt is a good pair also.
That would be my take on the coming economic collapse
Two events that I'm going to watch for. According to the web bot (which is supposed to be uncannily accurate) on March 2 or 3 a false flag event will take place involving an American warship in the Strait of Hormuz. Of course this will be blamed on Iran and used as an excuse for the U.S. and Isreal to move in. If it happens, it will be one of my heads up events.
According to Gerald Celente (among others), the U.S. government is going to call a bank holiday sometime this year. With Canada's economy tied so closely to that of the U.S., it could spell trouble for us in the not too distant future. I've decided that should the U.S. declare a bank holiday, I'll clean out my bank accounts, leaving only enough to keep the account open.
So, lay it on me. Am I a paranoid nut case or is anybody else wondering about this?
Those who are unwilling to defend freedom, will become unfree.