Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Marc Faber: Don’t Store Your Gold In The United States
Zero Hedge ^ | 08/25/2011 | Simon Black of Sovereign Man

Posted on 08/25/2011 1:17:45 PM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-86 last
To: Ronaldus Magnus

I would use GPS, for sure, but only while considering that it’s a convenience, not a permanent feature. The old school method of using landmarks, azimuths, pacing etc should still be used along with GPS, and most importantly of all, one must use fixed objects such as giant boulders as references. Even big trees could be gone when it’s time to dig up the goods. Or a shopping mall could have been built across that fallow field. National Parks and other places that will (probably) never be built on are recommended.


81 posted on 08/27/2011 6:30:00 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 76 | View Replies]

To: Georgia Girl 2

I agree 110% about moving to a place in the mountains with no diversity. The sooner the better! Location will be critical to getting through the coming social storms.

The advice about storing gold out of the country was, I think, really intended for folks in the “investor” class who are worried about being wiped out if all their assets are located in the USA. For them to recover their gold stored overseas, will be part of their relocating overseas. They are planting parachutes and liferafts around the world “just in case.”

We just don’t know what the coming storm will look like, but a French or Russian revolution twist is not out of the question, where “the evil rich” are the new “Kulak class,” to be rooted out and destroyed. That’s why Faber thinks it’s wise to stash some gold overseas....if you own enough assets to have “extra” to plant abroad.

I don’t think a French or Russian revolution would be successful here, but that’s beside the point. It would mean a horrible civil war at the very least. As Trotsky said about the Russian Civil War, “You may not be interested in war, but war is very interested in you.”


82 posted on 08/27/2011 6:36:24 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 77 | View Replies]

To: Palladin

What region do you live in? I have some ideas.


83 posted on 08/27/2011 6:38:09 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 78 | View Replies]

To: Georgia Girl 2; Palladin; FerFAL308

I think that’s a good plan. Read this by Fernando Aquirre, just on his blog:

Hi Alex, thanks for your email and I’m glad you’re liking the forum. Its getting more people every day and its getting pretty good.

From the security point of view the townhouse is safer. The security issue is pretty complex but that’s the short answer. Are you more likely to get your bike or football stolen if left on the front lawn? Yes. But is your isolated house more likely to get broken into and picked clean when you take a weekend off and leave the house empty for a couple days? Yes. I don’t like having people near by but I now know that not having neighbors in sight also means there wont be eyes watching while the bad guys break into your place. That’s what every criminal wants. There’s no guarantees though. With bad enough crime, you can suffer home invasions in the townhouse or detached house just as well.

There’s also other factors to keep in mind. Some people (me included) like having their privacy. Attached houses means you shore a bit too much with your neighbor.

The balance for me would be a community in the suburbs or near by small town or subdivision with detached houses. Close enough so as to have help, but still enough distance so as to have enough privacy.
At least for me it comes down to balancing with the different pros and cons. Security, privacy, distance from schools, work, stores, and can I reach them if the price of gas doubles next year? Walking distance is great, availability of public transportation would be preferred, or at the very least know I don’t have to drive 50km back and forth.

If the security problem isn’t very bad in the area you’re looking ( its probably not) I would look for a detached house, but one that has at least a couple neighbors within sight.
Take care,
FerFal

http://ferfal.blogspot.com/
“Surviving in Argentina”

(If you don’t have his book already, I HIGHLY recommend it! It’s much more practical than books which say that you will need a fortress in the mountains to survive.)

Book Link: “The Modern Survival Manual”

http://4.bp.blogspot.com/-fHkuRlw6BpM/Th9YO_3TuEI/AAAAAAAAAeY/6RdB0p_fkok/s430/ferfal%2Bbook%2B24.95.jpg


84 posted on 08/27/2011 6:44:32 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 79 | View Replies]

To: Travis McGee

I agree with you regarding civil war. We will not have an off with their heads revolution here. We believe that this country is in the middle of a cultural war between the Progressives and the Conservatives. Not rich vs poor. One side or the other has to win. The two ideologies are not compatible and people like us who want to restore the constitutional republic will never accept the socialist/marxist takeover that is in progress. If we cannot do it at the ballot box then it will be done another way.

My personal belief is that the states will eventually save the Republic. We may not even experience a shooting civil war. We will in all likelihood experience an economic collapse in the next several years and we will see the individual states just start to go their own way to survive. They don’t have to officially secede. States will probably regionally band together and just ignore the Federal Government even to the point of witholding Alchohol, tobacco and gas taxes. Without that money the government will cease to function within a few weeks. The power of the bureacracy will be diluted. Out of this it will be possible to forge a new streamlined federal government and revitalize our capitalistic free trade system. Thats my theory I could be wrong.

We have decided to go with the idea of moving near to a samll close knit community rather than to an isolated retreat 20 miles out in the woods. The place we have selected is 8 minutes by auto to the center of town but it feels like you are out in the middle of nowhere. Its on top of a mountain so unless you know where this place is you would never find it accidentally. We also feel like its important to be part of the community and not isolate yourself. We plan to join the Sherrif’s auxillery as some of our friends have done and participate in the food bank deliveries etc.


85 posted on 08/27/2011 11:22:47 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
[ Post Reply | Private Reply | To 82 | View Replies]

To: Georgia Girl 2

That sounds like a great plan, and I hope all of our plans work out and we’re still freeping away a decade hence.


86 posted on 08/27/2011 8:05:13 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 85 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-86 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson