Super busy with the election/Family and all the stuff the Good Lord throws my way! Great to see You are still posting this! Solid Gold! Speaking of which, yes, the market is going to splash big time. Keep some extra cash under your mattress, I see Bank Runs in the not to far future.
Good to hear from you, but best of all is knowing that you are ok.
Yes, there will be runs on banks and people have no conception of the fear that goes into waiting in the line, to see if you can get your money or is it gone forever.
A friend walked me through her experience in 1929, they were farming in Wellton, Arizona, picking cotton, with a field full of cotton pickers, which they needed to get money from the bank to pay the cotton pickers cash was the only way to pay them.
A part broke, so they had to go 40 miles to Yuma, an all day trip in the Model A.
The part cost 5 cents.
Jay went to the hardware store, next door to the bank as the store would close before the bank did.
5 minutes later, they reached the bank, [maybe 40 foot from the store.
Jay reached for the door knob and found it locked and instantly a sign appeared in the window “This Bank is closed”.
The following year, a baby died, Mary had not had enough to eat and it never did well, they already had 5 children to feed and it reached the point of using the last of the flour and the last chicken had been killed for soup.......and a neighbor came and hired Jay to work for him, on Jay’s 26 Caterpillar, that is the smaller antique one, Mary still had it.
Jay worked all day for $1.00, and said prayers of thanks, never mind that he was a Williams and Mary College educated farm owner, $1.00 in real money fed babies.
From there they started recovery.
There they sat, I don’t recall the size of the farm in 1930, in 1970, she still had 160 acres of farm land. They had all the equipment to work it and no market to buy what they might have produced.
LOL, I still have her horse drawn cultivator, from the farm, before they got tractors with motors.
They had a few milk cows, but those were butchered or traded for food supplies.
The day before Jay got the work, they had gone to the government office to ask for help, just food, that is all they asked for.
The government told them no, not until they had eaten the cow......and her with 2 more babies born in the depression and all the kids needed milk.......
And that is what a real depression is like.
There is no money and there is no food.