Skip to comments.Analysts warn Americans to buy guns and gold, predicting market crash and street riots
Posted on 02/27/2012 6:04:22 PM PST by Nachum
Just when you thought unemployment was dropping and stock markets were surging back, these three analysts today sent out a stark warning to Americans to brace for another financial crash. Trend forecaster Gerald Celente advises buying a gun to protect your family, stocking up on gold if the dollar crashes and planning a getaway, so its no shock hes preparing for an economic 9/11. Share prices and unemployment are posting their best figures in four years since the recession hit, but Mr Celente, along with authors Harry Dent and Robert Prechter, says the rebound wont last.
(Excerpt) Read more at dailymail.co.uk ...
I am glad I live in a rural area.
We don’t have too many of the more riotous folks around here,When they come into this neighborhood they are liable not to leave.
Where can I buy a golden gun?
They will never know what just ran their asses over.
“says the rebound wont last.”
There was a rebound? Hardly noticed it..
The Man With The Golden Gun
It won’t be within a year but thinks certainly look bleak.
My thinking would be buy more ammo than guns. If you’ve already got firearms the thing to do is buy ammo for them.
I thought Gerald said to put the Nikes on and drink the Kool Aid last October? What happened?
You buy gold if you want to. Other countries(who are not our friends) control the gold supply. Try food & guns.
I hope Mr Celente advises people to take physical possession of the gold. He let MFGlobal hold his gold and he can't get it back because of the Corzine MFGlobal scandal.- Tom
If youve already got firearms the thing to do is buy ammo for them.
Ammo, extra magazines, spare parts, accouterments and accessories, reloading consumables. It never ends.
We have guns and ammo sufficient to protect our little abode but I could use some lighters and a two man saw for when I run out of gas. I really should also put a manual pump on my well. Perhaps this summer.
While there is, indeed, a possible problem at some nearby juncture, to cite Celente and and Prechter — the mawkish ravens of the analyst world — isn’t good for the article’s viability.
We dont have too many of the more riotous folks around here,When they come into this neighborhood they are liable not to leave.
I live in a rural woody area where hunting is the main form
of recreation and most of the adult men and many of the
woman are quite capable of stalking deer to bow range. The
poor gangbangers who would happen down here after a collapse
would feel like chum in a shark tank.
There are dark clouds on the horizon and it doesnt take a meteorologist to see that a GREAT storm is coming. The recent actions of the Wyoming Legislator shows that even those who most would consider to be the main stream see the signs and are taking action.
If the present spending continues I dont see how we can avoid a collapse like that of Argentina ( http://www.youtube.com/watch?v=7yerKMQc7-w&feature=grec_index )but on a global scale.
But the market is up you say, yeah its up using billions in printed money in the hands of corrupted bankers, investors and their cronies. The world is now flooded with fake and faux money. The game is so rigged and now even the house is starting to lose.
When the whole thing tanks as it will what do you think the entiled class will do when they cant get their cell phones, their food stamps and EBT cards, rent vouchers and so forth.
What we will see is a much more violent version of Argentina, (checkout what is going on in Greece).
American has an even a larger entitlement minded population and much more violent and armed onen than Argentina or Greece.
I see many many small business wiped out by flash mob looting, and see rape, robbery and murder for murder sake. Many of these yutes will think no more about killing you than most people think about stepping on a roach. That will be the test of many. Most preppers I know are Christian people and they will hesitate to do what they might have to do to stop the yutes. On the other hand the yutes wont think twice nor lose a minute of sleep, in fact they will smile and laugh about it.
Think of this quote which is one of my favorites:
Star Trek: Deep Space Nine: The Siege of AR-558 (#7.8) (1998)
Quark: Let me tell you something about Hew-mons, Nephew. Theyre a wonderful, friendly people, as long as their bellies are full and their holosuites are working. But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty Klingon. You dont believe me? Look at those faces. Look in their eyes.
On top of all who knows how many saboteurs (Islamic, Chinese etc) and sleepers have crossed our borders and are now just waiting to cause havoc.
For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:
NOTE! THIS IS A FREE DOWNLOAD. I DO NOT MAKE ONE CENT OFF MY PREPAREDNESS MANUAL!
For those of you who havent started already its time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.
As the LDS say When the emergency is upon us the time for preparedness has past.
Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3
Lastly this for the doubters and the scoffers.
There is no greater disaster than to underestimate danger.
Underestimation can be fatal.
Oh -- I don't expect a crash per se, since we just had one and it's rare to have two crashes in a row, rather I'm concerned about a protracted bear market.
I can’t wait to finish my contract here and get home to help the family get supplies in. I’m so looking forward to going with them to the gun shows. I really miss going there. Here in Australia they’re so paranoid over guns it’s scary. Every day you hear of things that “only if I could protect myself”. You know, if an intruder comes in your house and in some way you either injure or kill them you’re the one who’s going to jail. There is no castle doctrine here.
I had to laugh.
I was talking to this nice woman in an antique shop in nowhere Arkansas.
She said that the Gangs came out from little rock and tried to set up a meth operation.
The local youth took them to the gravel pit.
I hope people in rural areas are safe if things get bad.
And make sure that you know how to use the guns that you *do* have.
I’ll opt for the AMC Matador as well to jump twisted broken bridges with the GG.
competition, pure and simple.
There are thousands of meth labs in rural areas.
Laz-check out the link about the espresso bar at the bottom of the Daily Mail page.
(Sorry, off topic)
Its not a "crash" that is coming, it is an out and out collapse. Our "money" will be worth more literally in the furnace than in our pockets.
Don’t forget beer, alcohol, and tobacco. You know, the staples.
I’m sure a desperate 0bama has something in the works to give him the excuse he needs to cancel the election.
I would recommend a minimum of 10,000 rounds for every tactical rifle, 5000 rounds for every tactical shotgun and 1000 round for every pistol. And don't forget optics, batteries, spare parts and cleaning supplies.
“We dont have too many of the more riotous folks around here,When they come into this neighborhood they are liable not to leave.”
Reminds me of that great line from the movie The Alamo (John Wayne Version).
“Santa Ana’s coming? Well, we can’t stop him coming but I reckon we can arrange for him to limp on the way home.”
I think America holds the most gold, doesn’t it? By quite a margin, I believe.
Question about ammo. How long does brass ammo, 9MM, .45 etc. and shot gun shells last in storage? Do they go bad, become unusable over time? I have plenty of firepower, but was wondering how long I could expect to be able to store the ammo.
Let the kind of people who tend to be rioters and looters burn their own concentrated Democrat parasite nests ("cities") to the ground. I couldn't care less. There are a lot of guns, rifles, and crossbows in my neighborhood, and a lot of people who know how to use them. Bring on the apocalypse. We'll survive.
Logic tells me if one needs 5000 rounds of ammo, one is going to need an army. I don’t know of any fight between me and another that is going to take more than 100 rounds. Probably no more than 50. Food, medicine, and some kind of currency will be more necessary for the bulk of the time.
The city slickers at the UK paper talk as if it is somehow a bad thing to move your savings that previous were in the form of constantly-depreciating dollars into some assets that don’t depreciate or even may appreciate in dollar terms. And besides, a firearm may come in handy once in a while.
It’s not my fault that some people choose to live in areas where they allow government to force them to live like whimpering dependent serfs. These people, who fought off Hitler, now cower at lesser threats. The present generation cannot even envision standing on their own two feet. Well, sorry to tell the facts, Jack, but when seconds count, the government help may be hours away, if it ever comes at all! After all, the UK government just admitted it was OUT OF MONEY!
“Logic tells me if one needs 5000 rounds of ammo, one is going to need an army.”
Logic tells me that if I can get a great price on extra ammo, it might just be very useful some day to barter for other things of value.
...ok, so it's only gold plated ;-)
If you keep it cool and dry, it should outlast you. There is 70 year old ammo being used today, and it works fine.
If you expect to need that much ammo, you need spare barrels, too.
And tools to install them.
ten years ago i got a deal on a wwi 7mm mauser plus 500rds of ammo from the same era...i didnt use a couple that small cracks around the neck but not a dud in the rest