Don't Wait for GDP, $1,500 Gold IS the Recession

RealClearMarkets ^ | 04/20/2011 | John Tamny

[rickomatic]

We will NEVER barter, at least to any measurable extent.

The next part of the problem is when the government tries to ‘fix things’ through price controls. When that happens, expect SHORTAGES, EVERYWHERE...

THAT is the scenario where we will need barter material. I agree that we'll never go completley TEOTWAWKI (The End Of The World As We Know It), but when those shortages you speak of come about, you had better have some beans or bullets to swap for the fresh eggs your neighbor has, and the local grocery store doesen't.

[BobL]

I hear you, but I just don’t see that happening. But it still doesn’t hurt to be fully prepped up, as I am.