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'Buy farmland and gold,' advises Dr Doom
TimesOnline ^ | February 22, 2010 | Leo Lewis, Asia Business Correspondent

Posted on 02/23/2010 6:13:51 PM PST by jsh3180

The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.

The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.

Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.

Speaking today, Dr Faber said that investors, who control billions of dollars of assets, should start considering the effects of more disruptive events than mere market volatility.

“The next war will be a dirty war,” he told fund managers: time frame.

(Excerpt) Read more at business.timesonline.co.uk ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: doom; faber; farmland; gold; marcfaber; obamanation; teotwaki; tshtf
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To: goodnesswins

Read his website and watched his Fox News interview with Bill Hemmer. Thanks for the tip...


21 posted on 02/23/2010 6:47:34 PM PST by ez ("Abashed the Devil stood and felt how awful goodness is..." - Milton)
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To: jsh3180

Farmland? My grandfather was a farmer. I expect to keep busy
defending my small subdivision lot if things get that bad.


22 posted on 02/23/2010 6:49:02 PM PST by tumblindice (Offer to push in Barney's stool, Juan.)
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To: ez

Hadn’t looked for his website.....thanks.


23 posted on 02/23/2010 6:52:37 PM PST by goodnesswins (Tagline, oh, tagline, whereart thou tagline....)
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To: jsh3180
Long time ago I ran a farm for a while - lived in a log cabin - heated with wood. Kept my kids and a few hundred animals alive. It is NOT easy. I have experience and I wouldn't be able to survive without gasoline for chain saws, feed for animals, access to a vet or ways to keep repairs done without a hardware store. People have no idea what they'd be in for... To this day there are times when I look at water coming out of a faucet and experience amazement.
24 posted on 02/23/2010 6:53:11 PM PST by GOPJ
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To: jsh3180

Could alway get a sailboat and fish for your dinner.

At least that way, you don’t have to worry much about looters, squatters, and vagrants... just pirates.

And a nice hardpoint and a 50-cal. will taken care of most, considering a modern pirate’s favorite weapon is an RPG. 50-cal. machine guns have a *FAR* greater range.


25 posted on 02/23/2010 6:55:46 PM PST by gogogodzilla (Live free or die!)
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To: jsh3180

Heh, I’d post stuff similar to this on FR 2-3 years ago and get mostly responses saying I was a crackpot, gold nut, never happen, etc., etc.

Not a one, this time around.


26 posted on 02/23/2010 6:56:39 PM PST by jsh3180
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To: MikeWUSAF

A windmill and solar panels are the easiest ways to get off the grid.

If you’ve got property next to a creek or river, you could try with a waterwheel... except that a waterwheel is illegal if place on federal property.


27 posted on 02/23/2010 6:58:34 PM PST by gogogodzilla (Live free or die!)
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To: xzins
I'm appalled that O’Reilly didn't get it.

There's a lot BOR doesn't get, such as, out much. Every time he does his lame schtick of treating this or that afro-kaffir race hustler - recidivist frauds like the dwarf Sharpton or the someone or other Lamont Phd, as a serious person, I dump the feed. In fact, the more fleeting become BOR's moments of linear, logical lucidity, the more ineluctable becomes the conclusion, menopause, bigtime.

28 posted on 02/23/2010 6:59:29 PM PST by Bedford Forrest (Roger, Contact, Judy, Out. Fox One. Splash one.<I>)
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To: GOPJ

1972 & 1973 I lived in a log cabin way up north in Wisconsin. It was a former pig barn that had been remodeled, lol. Hand pump at the well, wood burning stove, kerosene lanterns and an outhouse out back. For sure, the better part of the day was doing things just for basic survival. Especially when you’d run out of wood in winter.


29 posted on 02/23/2010 7:00:13 PM PST by jsh3180
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To: jsh3180
I'm a fan of Peter Schiff, but I think this government will seize everything when it gets real bad. Private property and assets will be history.
30 posted on 02/23/2010 7:00:56 PM PST by woodro43
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To: GOPJ

Well said. Farming is some of the hardest, most dangerous work around. First chance my uncle got, he ran off from the farm/ranch, flew B-17s over Germany: Better food, got to sleep in and kept all his fingers.
Buck bales of hay all day on your farm and see how you feel.
People who think they’re going to go back to the land remind me of `Oliver Wendell Douglas’ and the TV show `Green Acres’. Or hippies and their agri-communes where they slowly starved.


31 posted on 02/23/2010 7:03:23 PM PST by tumblindice
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To: jsh3180

will we go hungry?


32 posted on 02/23/2010 7:10:41 PM PST by MissDairyGoodnessVT (Free Nobel Peace Prize with oil change =^..^=)
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To: tumblindice
"Farming is some of the hardest, most dangerous work around."

I used a Johnny Popper on one job for several seasons (old John Deere...open little cylinder valves and turn the big flywheel by hand to start).

"...and kept all his fingers."

...did custom machining for a few years, including 14-foot-bed engine lathes. Expediting and labor were more dangerous.

"Buck bales of hay all day on your farm and see how you feel."

...ten hours a day, six days a week for a living some seasons...topping logs and firewood during others.

We need the default, IMO.


33 posted on 02/23/2010 7:20:21 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: MissDairyGoodnessVT

...not starved to death per se, but ya, hungry...no more full bellies. Look at old picutes of the real settlers and cowboy’s...not a fat one in the bunch, regular string beans. Work hard, look like golly-gee, and smell alot worse.

...ever drink brown water?


34 posted on 02/23/2010 7:20:49 PM PST by b cool
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To: doc1019
If I have gold … who will buy it?

As long as women like shiny things and men like what women have, someone will buy it.

35 posted on 02/23/2010 7:25:39 PM PST by seowulf (Petraeus, cross the Rubicon.)
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To: seowulf

ROFLMAO!


36 posted on 02/23/2010 7:27:53 PM PST by doc1019 (To call Obama a bumbling idiot would be an insult to bumbling idiots worldwide.)
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To: MikeWUSAF

They have water (water-mill) type generators if you’re near water. Wind is a bit unreliable unless you live on a plain. As you mentioned solar, and if you happen to have gas, a Capstone generator can give you power (I used to work for them.). ‘Course one can always attach one to an exercise bike! :-)


37 posted on 02/23/2010 7:29:09 PM PST by rbosque (11 year Freeper! Combat Economist.)
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To: woodro43

Government won’t be able to seize anything.


38 posted on 02/23/2010 7:32:55 PM PST by Quickgun (As a former fetus, I'm opposed to abortion. Pray for Obama,Psalms109:8)
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To: jsh3180
"'Buy farmland and gold,' advises Dr Doom"

One problemo there, you can't KEEP either one of them if you don't invest in some other precious metals as well like:

Brass, Copper and Lead!

Stock up on plenty of the latter so you can keep the former!

39 posted on 02/23/2010 7:35:30 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the next one...)
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...

Lead’s a better investment.


40 posted on 02/23/2010 7:37:38 PM PST by SunkenCiv (February 23, 1945 -- Freedom is Priceless.)
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