Posted on 05/14/2011 9:23:12 AM PDT by OwenKellogg
ping
I’m wondering Kart....would nusimatics(sp?) make sense? ....not based on their gold or silver content, but very collectible.....something that in 20 yrs would double or triple in value...
property taxes is what is going to kill us....
see that is what is happening...the young people are slowly being boiled and as long as they have their sushi, and their American Idol...
but we'll be prepared to take them all in....
Another way to look at it: We have guns and money. They have guns and our money. Pull the plug and watch the sparks fly.
From what I’ve read gold and silver have been quite oversold. I’d be surprised if people who have purchased certificates even get their money back, forget about ever seeing the actual metals.
10 times more gold has been sold than they have.
I sure wish I was as smart as you two. I’m just one of those dumb Christians.
One thing that wasn't knowable back then, was how it was going to be dealt with. We are doing everything we told the Japanese not to do in the aftermath of their housing collapse..
Excellent post, Regulator. You bring up the matter of food growing problems in that area.
Soil, as you note, can be amended.
Now trying growing a radish in the northern tier of states in February or March. After you dig through the snow depth, pick off the bottom ice layer and get your drill out to make a seed hole into the soil freezeline, you might, if lucky, see a radish in mid-June.
In the meantime, people in the southeast will be eating blackeye peas and collards - not great but it is food - while their northern cousins are munching snowcones.
Survival in the southeast is much more probable than in the mid-west or northeast. And those areas are also infested with vast swamps. Both Milwaukee and Chicago were built on swamps.
I’ll tell someone who might be interested
Let’s see, what is the equation?
1 bear = 157 chickens
The novel, “Patriots-A novel of Survival in the Coming Collapse” by James Wesley Rawles is a real must read for what’s coming.
And now is the time to start networking, I think. Find out who you can ally with who won't freak out when the time comes, and to supply each other with goods and services, mutual protection (gotta sleep sometime), and to start the rebuild process.
I thought I had an "in" with the mayor of our town because he carpools with a good friend of mine. I was wanting to schedule discussions on the event of hyperinflation sealing the town, building up supplies, setting up distribution networks...but unfortunately I found out he is a typical Dem class warfarist type of leader. My town is hopeless it appears, I'll have to look elsewhere to network.
I’ve actually heard that farm land is going to become valuable. I dunno, but, it would seem with all the flooding of valuable farm land right now and the fact that we are growing food for fuel, it would become valuable again. By the way their is a corn shortage right because we are growing corn for fuel. I said when they first started doing this that there would be a shortage of food and it was immoral to grow food for fuel. My hubby laughed at me and said we grow tons of corn their won’t be a shortage. He’s not laughing now.
I wouldn’t know.
Haven’t followed your posts that closely.
I just know that there’s sooooooooooooooooooo much evidence
sooooooooooooooo brazenly everywhere in neon lights . . .
and still shocking numbers of FREEPERS run around posting as though life is going to go on more or less as usual.
That JUST AIN’T OUR LOT.
No.
That’s wrong.
The truth is
6 chickens X 12 igloos = 72 trillion gumdrops swallowed by 48 billion aardvarks.
I am flabbergasted that anybody could think a “full pantry” and stocking up on toiletries and sundries would be more than a drop in the bucket against high inflation.
How much inflation hedge can you shelter with a pantry?
Can you store long term $2,000 of food? $5,000? How about toiletries. Are you going to store $2,000 in toilet paper, razor blades and toothpaste? Do you have any clue how much room it takes to store even $500 in toilet paper? You would fill a small closet.
So lets say you buy $10,000 in food and sundries just to store as a hedge against inflation — avoiding the perishable — many foods are perishable, so we are talking all canned goods, rice, beans, crackers, salsa, cereal, maybe frozen meat and veggies if they keep but I doubt it - not during a 2 year collapse as stated above. That is a long time to store food in a pantry against inflation.
Anyway, you store $10,000 and lets say prices triple in 5 years. Congratulations, you just saved a cool $20,000. How long did the goods in that that pantry last? A year? Six months?
THIS IS GOING TO SAVE YOU AGAINST INFLATION???????? ARE YOU KIDDING ME?????
I personally have lost $20,000 in my home in the last 2 years and I was smart and bought waaaaay after the bubble popped. Do you think that $20,000 loss has ruined me?? NO it hasn’t. It is inconvenient but hasn’t left me broke. Now do you really think the $20,000 you save in that pantry is going to save you very long either? And please subtract all the food that spoiled or rotted or got contaminated by bugs or insects during long term storage.
If prices triple and you need a new car, that $15,000 Honda Civic today is going to cost you $45,000. And you thing a once-in-a-lifetime $20,000 savings will save you from inflation over the rest of your life?
You will be paying $10/gallon for gas. Your utility bill will triple from $150/month to $450/month. If you pay $10/day parking in a big city, that will triple. Don’t even get me started on the cost of your health care tripling in cost.
School fees triple. Entertainment costs triple, or maybe only double since people can’t afford them as they used to.
And people here think a full pantry is more than a drop in the bucket against a future life of post-inflation prices?
I’m sorry. This strikes me as patently absurd. Things like gold and real property will be a REAL inflation hedge to store your wealth, not a one time $10,000 stockpiling of the pantry.
I don’t know if people just don’t think this stuff through, or say the first thing on their minds, or if they just don’t realize how impractical a good theory can be when put into practice.
Stockpiling food and goods as a hedge against the impact of high inflation will save you a nice little bit and nothing more. I am 52 years old hoping to live to 80 or so. Say I only make it to 75. Having six months of bargain priced food and sundries to use for 6 months is going to do almost exactly NOTHING to protect me against the remaining 20 or 25 years of high inflated prices.
I realize you get what you get on the internet, but sometimes the inane things stated are just mind blowing. Truly mind-boggling.
And never mind the fact that you won’t save the $20,000.
If prices triple in 5 years, then the $10,000 of food and sundries you have that may last a year at most, would only save you 1/5th of $20,000 or about $4,000.
About the only good a stocked pantry will do you is you won’t run out of coffee or sugar or flour, etc. if there is a temporary shortage due to a run on those goods or a temporary disruption in distribution.
Stocking the pantry is always a good idea against very short term catastrophe where food & sundries are unavailable for a few days or a couple of weeks, but is worthless as a hedge against inflation.
I agree my first few posts on this thread were not loving but arrogant. I did provide the solution but people have to first know they need the solution. Therefore, I'll try again to all posters on this thread. Why did you post here? Are you fearful, angry, hurt, or joyful?
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.