Posted on 05/18/2010 7:05:51 AM PDT by blam
Money is a liquid asset. Where do you sell your money?
I advise buying 5-gallon buckets and filling them with beans.
Oh, and bullets in major calibers.
Oh, and any kind of medicine that you can get your hands on.
I just search it too ... even went to Travis McGee’s ‘in forum’ listings and couldn’t find it! Hmmm, can’t figure this one out because I know that thread was up for a few days.
He exempted jewelry & rare collectible coins.
Obama's low & unreported income constituents will be protected by the former and his liberal elite constituents have their gold in the later - or out of the country all together.
Of course that leads us in the middle in the cross-hairs - as all does all of the Obama agenda.
Which Fidelity MM was that? There are a few in my plan?
120 posts in 50 minutes.
Not a good sign.
recourse varies by state- liberal states usually offer chance for owners to redeem the lien, at a profit to the lien buyer
this happened to me several years back when the county sold my condo out from under me for a $55 sewer bill that was never delivered (nor any of the follow-on notices) because the tenant threw everything addressed to me in the trash
someone bought my condo for $300 lien (cost plus penalties), I had to pay about $500 to get it back, profit went to the lien scavenger, better that than the deed to my property!
Only way I found out was my property tax payment was returned because of the unpaid lien recorded on it, lucky I had time in redemption window to respond
cash reserves
Back then their was a statutory link between gold and the value of the dollar.
Now, they can devalue easily without a gold confiscation.
blam, you buy gold and silver with your soon-to-be-worthless paper money.
You raise an important issue.
If you buy gold, bury it and - to insure against accident - tell exactly ONE other person (that you trust with your life) where it is.
If the new FDR tries to take your gold, wait him out. That gold isn’t going to rust.
Tribalism would rule the day and forget about gold and silver, the person with the antibiotics would be king.
beans, wheat, ammo
How much would you be willing to spend for a loaf of bread if you didn’t have any food left? Or for that matter how much of your gold would you be willing to spend for a clean cold glass of water?
Shorts do well in panics.
Shorts do well in panics.
There’s always money to be made...up or down
Read or watch Harry Dent, the Great Depression Ahead (written 2008), I think he is on track with this one (even though someone always points out how he blew it with the Clinton stock market prediction)
Who said “Demographics is destiny”? I think that has validity.
Bad times in 2011-12, but the sun will eventually shine again.
It will shine brighter for people who prepare and aren’t wiped out
http://www.youtube.com/watch?v=5OuikYJBqYU&feature=related
(you can get the full 9 part lecture on youtube)
FOr hard corps end of the world viewpoints, try SurvivlBlog.
Soe very strange things there from time to time.
Good stuff as well.
recourse varies by state- liberal states usually offer chance for owners to redeem the lien, at a profit to the lien buyer
This guy, yesterday (and I've known him casually for a while, being that he owns one of the houses in the neighborhood that he rents out) -- he was saying that there used to be, in Oklahoma, a period of time for recourse, but that it's been changed now and that now they give him the deed (anywhere from right then to within 48 hours), and there's absolutely no recourse by law, for the former owner. He was quite emphatic about that to me (seems he made a big point of it, too ... LOL ...) -- in that "It's over! It's done, and there's nothing the previous owner can do about it!"
I'm not kidding... he got excited about that ... LOL ...
He was also saying that "This is a great time to make money!" (talking about picking up stuff like this at tax sales).
Good question!
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