The rest is just extra. 
Posted on 07/05/2014 11:52:55 AM PDT by blam
The rest is just extra.
Ping.
Don’t forget that after her brilliant investment run laws were passed to prevent her from ever again being a brilliant investor.
When SHTF, banks won’t open or will limit daily withdrawal amounts.
Before the fiat dollar becomes worthless, physical cash will buy you stuff. Those with debit cards and credit cards won’t be able to buy. The key is to use the cash to get what you/need quickly, including transportation, and keep the precious metals for after the dollar implodes.
Or you could do like Diana and “Develop a robust post-apocalyptic skill-set”.
Do you know when cash will be king?
The first time you go to the ATM, and it says...
“Sorry, Sucka! No can do!”
All you need is one.
In a SHTF situation, guns and ammo will be lying all over the ground.
Gold. Silver. Brass and lead in the proper form factor. Something to throw the lead. End of list.
his advise is crap.
in a scenario where the dollar collapses, you would immediately lose 40% as the cash becomes worthless and fine art is no longer valued
another 20% would be potentially lost as land rights also disappear, unless you can defend it in the long haul (good luck). unless we’re talking about 500+ wooded acres in the middle nowhere where you’ve got a hidey hole with supplies, it’s pretty pointless
i’m not sure what ‘alternative funds’ would be... but if he means stocks, those would also be worthless and foreign currencies would be problematic.
gold, silver, lead, dry goods, weapons and various means to manufacture various things would be of value. a place to store them discretely and in an easily defendable location would also be required
the ability to make off-grid energy would also be of value
you say: “Land? Yeh farmland where you can grow something.”
the MOST essential. And you DO NOT need acres and acres - BUT - you DO need y our own well water and wood stove - and, ideally, a wood lot nearby, if not on house property.
Independence is spelled: Shelter/water/heat/garden - that is not dependent on off site entity.
Here’s what one guy does on 1/5th !! of an acre. (He makes a big mistake in being city water/sewer/heat. but this is incredible)
So if you have a lawn - you can do this - NOW
https://www.youtube.com/watch?v=7IbODJiEM5A
You definitely need an offsite retreat. You can do a lot on 1 acre if its all flat.
Odds of that happening, about the same as Hillary Clinton turning $1000 into $100,000 trading cattle futures.
****************************
That was a pure political payoff ... here’s how you do it ... it’s simple
The broker she trades through is the key ... he has to have a large book where he has authority to trade for others accounts or his own account...
Broker places a put AND a call on a future ... at the end of the day he places/assigns the winner to Hillary’s account and the loser to client “A”
Next week broker places a put and a call on another futures contract , again after knowing which is the winner that goes to Hillary and the losing position placed in client “B”’s portfolio ...
Lather , Rinse , Repeat...
Back during WW11 etc - people sold their jewelry/gold/silver etc - but at a terribly low value.
I'm thinking having things like matches/bic lighters/candles/dried soup vegs/sprouting seeds/corn meal/buckwheat flour (all you need is water to make pancakes) - etc. I haven't found any good recipes for gold soup. People are going to be hungry - and want something to light the night and make a fire.
Also, the small sample bottles of alcohol, small baggies of cigarette tobacco and papers, wool 'watchcaps', bars of soap, etc. things you can get, at minimum, full value for.
You can't eat money.
I own a .22-250 Savage varmint rifle, bull barrel sighted in at 500yds. I’ve hit prairie dogs at 700yds. I also carry a Beretta Tomcat in .32 loaded with Glaser Safeties and Hydra-shocks when I’m about. BTW, I’m a gal.
Guess I'm set. 1 1/2+ acres surrounded by hundreds of acres of forest, know what foods to forage, got a good recipe for squirrel stew :) - well water, wood stove. But I'm not 'offsite'. I'm ONsite :)
I paid 20K for 50 acres, could have got for less (17.5K, iirc), if I’d paid cash.
Surrounded on 2 sides by Crown Land.
I’ll have to check my terminology but I think the land is unassumed by the county. My understanding is no zoning rules apply.
Likely some limitations on what you can do without a permit, e.g., if you wanted to develop a gravel pit.
Located in Eastern Canada, New Brunswick.
It’s fairly off the beaten track...rural, on a 3-season road, no hydro at present.
If I keep my head down and nose clean, shouldn’t run into much interference.
Got a email from my real estate agent letting me know
he had paid 2014 property taxes for me... $35.34... lol
Get myself a nice shelter built, some livestock,
a proper garden and I’ll be living like a King.
With the dollar dead, what good is that cash going to do for you? Maybe on the way down but it’ll be worth less and less every day. Better to own food, defense and shelter.
My attitude is if they are unwilling to work for their own future why should I waste the fruits of my labor on them when I know that they will waste it on drugs and frivolous living.
If I wanted my money wasted I would waste it myself.
They have chosen the road to poverty why should I provide them with a minor detour?
“in a scenario where the dollar collapses, you would immediately lose 40% as the cash becomes worthless”
****
If you read his book, he’s betting the increase in the value of gold will more than offset the loss in value of the dollar. In other words, if the dollar immediately loses half its value, he’s looking at gold in the $7,000 per oz. range. If you hold 20% gold and 30% cash, you’re on the upside after the crash.
“Land? Yeh farmland where you can grow something.”
****
Tax breaks for farmland will disappear. The government will skyrocket property taxes as a means to confiscate the farmland through unpaid tax liens. Count on it.
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