Cyprus Triggers Preference For Goods, Gold And Silver (Buy Stuff)

TMO ^ | 4-2-2013 | Alasdair Macleod

[RedMDer]

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[familyop]

I guess all that buying sent stocks up! LOL!

[familyop]

"Cabellas opens their latest new store in my neck of the woods next week. Many locals have been wondering if they will plan accordingly for stock, because I can guarantee you everybody from every hill and holler will be making a mad dash for that aisle."

Unfortunately, the most influential investors (all socialists on the social left) have switched the market to trickle mode, until bills like the following pass to disarm the rabble (bill for mandated insurance having the effect of more costs, a universal registry and future larger riff-raff voter pool for gun control vengeance).

Firearms Risk Protection Act Will Stick Gun Owners With $10,000 Fine
http://www.freerepublic.com/focus/f-bloggers/3003308/posts

[familyop]

"And if you can’t pick it up and run with it you don’t really own it."

Very true. Most local government employees and pensioners here and there, feeding much on federal funding and property taxes for now, have large caches of ammunition and firearms. After the bond collapses, "austerity measures" and "haircuts" of the near future, though, they'll be laid off, cut, foreclosed and moving to more closely watched and violated cheap urban/suburban rentals. Home energy, food production and other practices for self-sufficiency (e.g., home auto repairs, even extensive ones) would probably be a notch or two up from being in the ammunition and firearms scalping business.

[sheana]

Oh please. They will shut down everything else in the country before that happens.

[familyop]

We see a continuation of big agriculture with plunges in domestic manufacturing production coupled with east Asia making deals and shutting down the dollar. The food stamp program will continue long after most regulatory administrators and employees, public education administrators and employees, law enforcement employees, investors, social workers, other civil service employees, service and retail businesses dependent on government-paid customers, pensioners and others no longer receive large incomes derived from recirculating debt.

The property tax racket will cave in due to abandoned properties and price declines. Constituents prevailing in politics for now will be the ones to drive crime rates up and stage minor riots (see Greece, others) but will be helpless and living in poverty. It’s already started (deficits and layoffs of recent years), with much of the middle class fallen.

[MrB]

If the EBT cards “run out” before the food runs out in the stores, they’ll just steal it anyway.

When there’s absolutely no food to steal in the stores, that’s when there will be a lot of trouble.

[Sawdring]

I prefer the BTU to your eurofemme measurement.

[silverleaf]

would you prefer a check or silver bullion?

[catnipman]

“Cabellas opens their latest new store in my neck of the woods next week. Many locals have been wondering if they will plan accordingly for stock, because I can guarantee you everybody from every hill and holler will be making a mad dash for that aisle.”

I hate to disappoint you, but every major retail store in the U.S. is 100% sold out of all popular caliber ammos right now, Cabellas included. Same goes for reloading components.

At best, Cabellas will bring in a tiny amount of ammo for the “grand-opening”, and it will all be gone in 5 minutes after the doors open, and then there won’t be anymore.

Most likely, lines will start to form several hours before the grand opening, because people will speculate that the new Cabellas will have a tad of ammo for sale for a few seconds after the doors open, and they want to be the ones to buy it.

[darth]

I predicted that people would start putting their money into PMs, RE, and other tangibles as soon as there was a slight whiff of inflation. Why hold onto depreciating currency?

This article reinforced my old idea, which seemed silly at the time, that little bags of beans and rice would be the Currency of the People.

I think I will put in a few orders.

[darth]

At the local store I noted that they still had plenty of ammo in stock for calibers such as 7 MM Rem Mag.

Picked up a nice rifle at a pawn shop while everybody was spending fortunes on ARs and such.

Now son-in-law has a nice deer rifle and plenty of ammo.

[MachIV]

I suspect the anticipation is so great, folks have reserved motel rooms nearby to stay overnight to be there at about 5am the day it opens, even though it doesn’t open until 11am on 4/11. I suspect there will be a lot of pissed off cursing under their breath folks.

[MachIV]

Hunting rounds and old school revolver rounds are still fairly plentiful. 30-30, 45LC, all still make great defense calibers.