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Keep Ready Cash! Money Markets are Dead.
Vanity ^ | April 17, 2012 | BROKER

Posted on 04/17/2012 7:37:52 PM PDT by Broker

Should our fine financial system cease functioning cash will become a rare and precious medium. Over the years Americans have exchanged paper currency with confidence. Yet, today everyone's cash is a digital value out of hand. Our vast nationwide cash money market holdings greatly exceed any paper currency supply making any Bank run a momentary event. Should the financial house of cards crash, holders of green back US Dollars will be able to engage in trade. Gold hoarders will not know what to do. Credit cards won't work. Checks won't either. If you can't barter, cash will be king. Get cash and stash it. Money markets pay nothing and can't truly guarantee any liquidity when you really need it.

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: cash; gold; goldsilver; mattressbank; money; preppers; survival
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Recommend your stash be in $20s, $10s, $5s and $1s. Keep it safe.
1 posted on 04/17/2012 7:38:03 PM PDT by Broker
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To: Broker

What’s your 20?


2 posted on 04/17/2012 7:39:59 PM PDT by E. Pluribus Unum (For every black person murdered by a white, thirty-nine white people are murdered by blacks.)
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To: E. Pluribus Unum

$20s = 2 inches height


3 posted on 04/17/2012 7:41:49 PM PDT by Broker (Walk their Ghettos at your peril.)
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To: Broker

“Recommend your stash be in $20s, $10s, $5s and $1s. Keep it safe.”

You are 100% correct. Hand me your stash and I’ll keep it safe.


4 posted on 04/17/2012 7:42:57 PM PDT by max americana
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To: Broker

except the usually when TSHTF like it has before, it took a wheelbarrow full of cash to buy anything

the government will keep the printing presses running overtime


5 posted on 04/17/2012 7:44:45 PM PDT by Mr. K (If Romney wins the primary, I am writing-in PALIN)
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To: Broker

cash will be nothing more than paper to light a fire. gasoline will be non existant and if you had it, it and you car would be quickly stolen if caught driving down the road.

food, ammo, guns, clothes, firewood, vitamins, medicine, fresh water will be the ONLY currency.


6 posted on 04/17/2012 7:45:13 PM PDT by Hammerhead
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To: Broker

When it does hit the fan, cash will be nothing but kindling and toilet paper.


7 posted on 04/17/2012 7:46:31 PM PDT by bgill
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To: Mr. K

Great point but we live in a digital world today, it was ALL CASH then.
. In our future, nobody will have cash. Nobody has wheel barrows either .. What ever they are?


8 posted on 04/17/2012 7:49:19 PM PDT by Broker (Walk their Ghettos at your peril.)
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To: Hammerhead

Toilet paper is the poor man’s gold. Liquid detergent is liquid gold. They’ll probably work too.


9 posted on 04/17/2012 7:49:19 PM PDT by MulberryDraw (He who is the Glory of Israel does not lie or change his mind;)
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To: Broker

I think you’ll be right on for....about two weeks. A month, tops.


10 posted on 04/17/2012 7:51:02 PM PDT by Mamzelle
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To: Hammerhead

To the extreme your have all approach is correct. But if you need to trade and can’t barter cash option is useful. You might make a friend and remain locked and loaded.


11 posted on 04/17/2012 7:52:53 PM PDT by Broker (Walk their Ghettos at your peril.)
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To: Broker

Old cash is good for toilet paper, but you have to sterilize it first. New cash is great for patching holes in you shoes. You know it is made from cotton?

But seriously, gold and silver coin.


12 posted on 04/17/2012 7:52:53 PM PDT by Born to Conserve
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To: bgill
When it does hit the fan, cash will be nothing but kindling and toilet paper.

22lr, 9mm, 40SW, 45ACP, 38sp, 223Rem, 308Win, 7.62x39 -- the new currency.

13 posted on 04/17/2012 7:54:56 PM PDT by nonsporting
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To: Hammerhead

“food, ammo, guns, clothes, firewood, vitamins, medicine, fresh water will be the ONLY currency.”

Just like Mad max and Book of Eli.


14 posted on 04/17/2012 7:57:17 PM PDT by max americana
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To: Broker

Coins will be more valuable


15 posted on 04/17/2012 7:58:02 PM PDT by Lorianne (fedgov, taxporkmoney)
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To: Broker

Coins will be more valuable


16 posted on 04/17/2012 7:58:12 PM PDT by Lorianne (fedgov, taxporkmoney)
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To: Broker
Keep thinking that.

I'll take my chances with 30.06 hardball.


17 posted on 04/17/2012 7:58:24 PM PDT by SnuffaBolshevik (In a tornado, even turkeys can fly.)
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To: Born to Conserve

Show an active precious metal/coin market operating today used directly for goods and services please. You gold coin for a loaf of bread? You will use your gun before spending the gold. Tell me you wouldn’t .


18 posted on 04/17/2012 7:58:56 PM PDT by Broker (Walk their Ghettos at your peril.)
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To: All

Dome shaped lead coins about 9mm in diameter are going to be the currency of the day in the not too distant future.


19 posted on 04/17/2012 8:00:24 PM PDT by fulltlt
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To: Mr. K
>"the government will keep the printing presses running overtime"

Shh..... That's Jug Ears Secrit "Cut the deficit in half trick"!

20 posted on 04/17/2012 8:00:55 PM PDT by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
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