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Prepare your portfolio for World War III, says Marc Faber
Money Week ^ | 020311 | James McKeigue

Posted on 02/03/2011 11:01:49 AM PST by Fred

If you "want to be hedged for complete disaster – World War III… you are better off in commodity-related investments", says Marc Faber in the latest issue of US financial paper Barron's.

That might seem drastic. But Faber is convinced that China's rise, and its diminishing dependence on America, means that "eventually, we will have a war, big time".

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


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Politics/Elections
KEYWORDS: apocalypse; banglist; bernanke; doommonger; egypt; faber; gloomboomdoom; gold; inflation; mubarack; portfolio; postit123; silver; themarket; wwii; wwiii
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1 posted on 02/03/2011 11:01:57 AM PST by Fred
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To: Fred

If WWIII breaks out, the only kind of commodity investments that’ll be worth anything are canned goods, bottled water, gold coins and ammunition.


2 posted on 02/03/2011 11:03:36 AM PST by Argus
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To: Fred
Faber on the Gloom Boom and Doom of Egypt
3 posted on 02/03/2011 11:04:18 AM PST by Fred (Suspend All Immigration Until Unemployment is Reduced to 5%)
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To: Fred

Laughing.

China can’t even feed itself.

Dependence on US ? You betcha ! FOOD.


4 posted on 02/03/2011 11:04:37 AM PST by onona (I've played)
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To: Fred
And this is why defense cuts at this time are unwise.

Nothing is in place to acceptably replace the Pax Americana.

I have had the desire for the past two months to start writing a dystopian novel set two to three decades from now. But real world events seem to be spiraling out of control to a point where I dare not imagine where we end up.

5 posted on 02/03/2011 11:05:03 AM PST by Lysandru
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To: Fred
Jim Rogers on CNBC 02/03/11
6 posted on 02/03/2011 11:05:43 AM PST by Errant
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To: Fred
Prepare your portfolio
Sold off my portfolio three-four years ago, per Glenn Beck. Lost nothing.
Won't ever go back.
7 posted on 02/03/2011 11:06:28 AM PST by oh8eleven (RVN '67-'68)
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To: Fred

bttt


8 posted on 02/03/2011 11:07:27 AM PST by petercooper (Purge the RINO's.)
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To: onona

China does not care about feeding people...they merely give the developed countries lip service about improving the quality of life for the Chinese consumer.


9 posted on 02/03/2011 11:08:55 AM PST by Fred (Suspend All Immigration Until Unemployment is Reduced to 5%)
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To: Fred

If I were the American president faced with imminent war with the ChiComs, I’d preemtively nuke em. Nuke em good.

No way I’d go toe to toe with a billion chinks.


10 posted on 02/03/2011 11:10:56 AM PST by y6162
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To: Bullish; CJ Wolf; houeto; Quix; B4Ranch; Whenifhow; Silentgypsy; blam; FromLori; Lurker; ...
Nuclear-economics ping.

"Economic Holocaust" ping.

Increasing volume ping list watching the slow motion Economic Holocaust.

FReepmail me if you want on or off
The Comedian's "Economic Holocaust" ping list...


Today is a good day to die.
I didn't say for whom.

11 posted on 02/03/2011 11:13:15 AM PST by The Comedian (It's 3am all over the planet.)
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To: onona
The ChiComs will be over here whenever they think they can win. They want our land and our women. The will grow food on our land, and they will raise more Chinese with that gigantic surplus of Chinese men that they have.

We are actively encouraging it by letting our selves become weak militarily and industrarly. It is impossible to have a strong military without a strong industrial base. It is as it always was and ever shall be. Our children will pay for the price of our mistakes in their blood. They may curse our names.

12 posted on 02/03/2011 11:14:15 AM PST by Citizen Tom Paine (An old sailor sends)
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To: Lysandru
http://fallout.bethsoft.com/eng/home/home.php


Don't worry about it as we already have some games about post-apocalypse America



http://fallout.bethsoft.com/eng/home/home.php

13 posted on 02/03/2011 11:14:50 AM PST by Nat Turner (I can see NOVEMBER from my house....)
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To: Citizen Tom Paine

You’re killin me..


14 posted on 02/03/2011 11:17:41 AM PST by Fred (Suspend All Immigration Until Unemployment is Reduced to 5%)
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To: Fred

So they’ll go the way of the NORKs ?

Probably not. But I don’t see them lobbing missiles to increase food imports.

I do think Faber was on the right track in the video (especially calling Bernanke a liar :))

But I’d be surprised at a “world war” scenario like we’ve seen in the past unless it was, remind me if you’ve heard this before, “religion based”.

Even then, that is decades off.

A world war is based on long term gains of property, or ideology.

What we will see is increased regional conflict based on sheer survival.

That being said, obsolete treaties may draw in “partners in conflict”, but for my two cents (laughter allowed), I don’t see a global conflict.


15 posted on 02/03/2011 11:19:26 AM PST by onona (Fullly aware that I may be totally F. O. S.)
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To: Fred

What Is Globalization?

http://endoftheamericandream.com/archives/what-is-globalization


16 posted on 02/03/2011 11:20:08 AM PST by FromLori (FromLori">)
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To: Nat Turner

I prefer Half-Life. Better interpretation of a dictatorship.


17 posted on 02/03/2011 11:20:43 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: Citizen Tom Paine
They want our land and our women

Will they let us keep the fat ones?

18 posted on 02/03/2011 11:21:24 AM PST by MARTIAL MONK (I'm waiting for the POP!)
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To: Fred

That post wins the “MOST IMPRESSIVE RESTRAINT” award.

I’m in awe.


19 posted on 02/03/2011 11:21:26 AM PST by onona (Fullly aware that I may be totally F. O. S.)
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To: Fred

“You don’t want to hold gold in America, where expropriation is a possibility, as happened in 1933.”

It’s ok....the gold is in the back of my gun safe.
So, expropriation might be costly.....


20 posted on 02/03/2011 11:23:18 AM PST by G Larry
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To: Fred; All

Hey there are even people on this forum that don’t believe in Christ.

And, there are even more here that believe that the solution for America is purely political.

I want to see the look on your faces when Faber is proven correct.


21 posted on 02/03/2011 11:25:01 AM PST by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: The Comedian
Commodities? I've got 'em. 50 pound sacks of flour, rice, and beans. I also like metals, both noble and base; brass, copper, lead, and silver.

Bought 'em cheap, stacked 'em deep.

22 posted on 02/03/2011 11:25:51 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Lurker

Toilet paper ?


23 posted on 02/03/2011 11:27:33 AM PST by onona (Fullly aware that I may be totally F. O. S.)
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To: G Larry
So, expropriation might be costly.....

Gold transactions will also be outlawed. So you'll have to convert your gold to currency on the black market, paying a huge transaction fee.

Even so, if we're in a hyperinflationary environment, you'll still be better off than holding your wealth in fiat currency and watching it all melt away overnight.

24 posted on 02/03/2011 11:30:44 AM PST by kevao
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To: onona

Ithink that is an entirely accurate assunption.


25 posted on 02/03/2011 11:34:08 AM PST by Obadiah (Smitty Werbenjagermanjensen. He was #1.)
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To: kevao

“Gold transactions will also be outlawed.”

ya....so is illegal imigration.....

The jerks attempting these impositions will be physically removed from power.


26 posted on 02/03/2011 11:34:38 AM PST by G Larry
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To: The Comedian

War would eliminate a lot of those hungry peasants.

China feels the bite of food inflation

http://www.telegraph.co.uk/finance/china-business/8149640/China-feels-the-bite-of-food-inflation.html


27 posted on 02/03/2011 11:35:27 AM PST by FromLori (FromLori">)
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To: Argus

I agree... but not certain about gold... I do not think there will be enough society left for any sort of commerce.

LLS


28 posted on 02/03/2011 11:38:39 AM PST by LibLieSlayer (WOLVERINES!!!)
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To: Fred

No good news to be had today again. I am old and tired and getting older and tireder all the time.


29 posted on 02/03/2011 11:39:23 AM PST by gloryblaze (Don't forget to donate and keep FR going strong!)
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To: G Larry
The jerks attempting these impositions will be physically removed from power.

If we really could remove the jerks from power, and get some adult leadership back, then we wouldn't have to worry about how to protect our wealth from the coming meltdown in the first place.

30 posted on 02/03/2011 11:39:27 AM PST by kevao
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To: Obadiah; Fred

Now I’m giggling so loud my doggies are looking at me like I’m touched.

Well, they should know...


31 posted on 02/03/2011 11:40:24 AM PST by onona (Fullly aware that I may be totally F. O. S.)
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To: Argus

Seriously! You think holding a pile of papers saying you “own” oil or natural gas is going to be worthy anything when it hits the fan? Yeah, good luck with that, and good luck getting lunch with one of those certificates!


32 posted on 02/03/2011 11:43:55 AM PST by Obadiah (Smitty Werbenjagermanjensen. He was #1.)
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To: onona

Glad I could be part of your merriment!


33 posted on 02/03/2011 11:45:43 AM PST by Obadiah (Smitty Werbenjagermanjensen. He was #1.)
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To: Fred
The gold would be much safer in Hong Kong as the "Chinese will tell them to get lost."

the same is true for any financial asset. French Banks, Bank of China in Hong Kong (which is seperate legal entity from BOC in China) - when IRS and Uncle Sam comes looking for assets, the French and Chinese are the ones most likely to tell them to piss-off.

34 posted on 02/03/2011 11:48:57 AM PST by PGR88
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To: The Comedian

Did you see the link to Marc Faber? It seems that Pakistan will suffer the same fate as Egypt. I can’t believe how fast the world situation deteriorated in only a few years.


35 posted on 02/03/2011 11:52:36 AM PST by MichaelCorleone (Sarah Palin is America's Margaret Thatcher)
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To: onona

China is a food exporter.


36 posted on 02/03/2011 11:54:29 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Nat Turner

Where do I go to get some Power Armor?


37 posted on 02/03/2011 11:55:56 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: The Comedian

THX.


38 posted on 02/03/2011 12:02:02 PM PST by Quix (Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
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To: Citizen Tom Paine

A great man once said that “No power or enemy can take a drink out of the Missippi if we don’t want them to.”

I still believe that.


39 posted on 02/03/2011 12:02:32 PM PST by Always Independent
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To: rarestia

Yes, but in Fallout 3 President John Henry Eden is a real avatar of the One...all hat no cattle.


40 posted on 02/03/2011 12:06:28 PM PST by Nat Turner (I can see NOVEMBER from my house....)
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To: redgolum
As soon as Apple starts making iBots LOL



41 posted on 02/03/2011 12:09:20 PM PST by Nat Turner (I can see NOVEMBER from my house....)
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To: Citizen Tom Paine
Chinese Bank launches yuan-denominated accounts in New York


42 posted on 02/03/2011 12:13:12 PM PST by Fred (Suspend All Immigration Until Unemployment is Reduced to 5%)
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To: onona

maybe you need to read this:

http://www.freerepublic.com/focus/news/2667386/posts?page=12#12

they won’t depend on the US, they will just take it. that’s how


43 posted on 02/03/2011 12:22:26 PM PST by sten (fighting tyranny never goes out of style)
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To: The Comedian

http://i482.photobucket.com/albums/rr184/Char2152/Cat%20Graphics/Animated-Cats-LitteronaRollerCoaste.gif

http://www.subdude-site.com/WebPages_Local/RefInfo/Computer/WebDev/WebGraphics_Decopics/AniGIFs/LivingThings_orTheirToons_orParts/Ani_People/Ani_Couples/boygirl3Dtoons_onRollerCoaster_169x169_ani.gif


http://bigpicture.typepad.com/photos/uncategorized/2008/06/23/wall_street_roller_coaster.gif

44 posted on 02/03/2011 12:27:47 PM PST by lbryce
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To: gloryblaze

Re: “No good news to be had today again. I am old and tired and getting older and tireder all the time.”

*******************

Agree — I’m getting old, but I’m glad of that — so tired of all this crap ..............


45 posted on 02/03/2011 12:28:36 PM PST by CaliforniaCon
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To: onona

I have started saving paper catalogs that come as junk mail. Can’t flush it, but it will serve in an emergency.

Yes, I AM that thrifty.


46 posted on 02/03/2011 12:33:05 PM PST by darth
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To: Lurker

I have decided that if there is a run on the banks or some other sign of imminent collapse I will go to the local restaurant supply and buy bags of rice and beans. Then I will have my employees re-bag such commodities in 1/4, 1/2, and 1 pound bags. Presto, the new currency!

Of course, I have other food, but it is packed for 100 year storage. Don’t want to part with that until absolutely required.


47 posted on 02/03/2011 12:36:47 PM PST by darth
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To: sten
just take it

While the Chicoms are 'taking' it can they also buy about 5 billzion foreclosed houses...that is one way to put a floor in housing...

48 posted on 02/03/2011 12:38:57 PM PST by Fred (Suspend All Immigration Until Unemployment is Reduced to 5%)
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To: darth

http://webcache.googleusercontent.com/search?q=cache:VMjUs3whoRcJ:www.americanpreppersnetwork.net/viewtopic.php%3Ff%3D139%26t%3D888+saving+lint+to+toilet+paper+rolls&cd=1&hl=en&ct=clnk&gl=us&source=www.google.com

great link for when tshf


49 posted on 02/03/2011 12:47:32 PM PST by freedommom
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To: G Larry
“Gold transactions will also be outlawed.”

ya....so is illegal imigration.....

The jerks attempting these impositions will be physically removed from power.

________________________________________________________

In a society where we have to use precious metals to buy food people who want gold won't worry about it being outlawed. People who want bread won't worry about gold being outlawed.

That being said I think silver is much better. Are they going to outlaw quarters and dimes? I think not. One silver dime is worth about $2.10 right now for the silver content. A quarter is worth about $5.20 for the silver and a half dollar about $10.40. Not a hard way to store a little money. Silver dollars are worth more than a $20.00 bill. Gold is great but one $20.00 gold piece will set you back nearly $1500.00, try buying a loaf of bread with that. How do you make change?

50 posted on 02/03/2011 12:48:09 PM PST by JAKraig (Surely my religion is at least as good as yours)
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