Posted on 12/05/2020 5:18:14 AM PST by SteveH
any thoughts?
i am thinking
* payoff mortgage immediately
* divest from all stocks, mutual funds, bonds 50% now, 25% next week if bad news continues
* move into precious metals now, 50% from cash in bank now, 25% next week if bad news continues
* pay off any mortgage (if overall finances allow, eg, if mortgage currently being used as income tax dodge)
* (current blue state residents) prepare for possibility of a need to leave home with very little advance notice, travel to nearest solid red state - have or buy a decent auto, preferably 4x4 truck. plan the route now, memorize it
(anyone considering going to mexico? canada?)
(i would love to be wrong about a need to do all of this.)
thoughts welcome
Agree - the sociopaths have those bases covered.
I suspect the elites will use gold, silver, bitcoin, Fedcoin, banknotes, etc. as a medium of exchange. Unfortunately for the serfs, money of any kind will be illegal and anyone caught using money will be dealt with harshly.
Best to spend your time learning to be as self sufficient as possible. And barter.
I hope and pray I’m wrong about this.
Precious metals: lead and brass
You will need them when those who believe that socialism is the answer come to your house to put it into practice.
Bought a couple acres of land up in AK. Planned to move there eventually, but a Biden “win” will move up those plans.
I figure for bugging out AK has a lot going for it. Harsher climate and fewer services, so hordes of refugees/illegals won’t be interested in settling there. Large, rich in natural resources, and geographically isolated from the rest of the country - so AK *could* go it alone if things in the lower 48 got really out of control.
And I hear the fishing is good. And I like salmon.
You beat me to the punch.
“Yeah. And if they put Biden in, maybe we don’t pay bills . . . .”
I’m talking about civil disobedience here, not communism, btw.
Dont buy bonds now....rates too low. Refi your mortgage. 2.75% for 30 years? That is FREE money. Work on your food preps and build up 3-6 months of cash equivalents in bank/investment account. Cut the cord, buy a gun, go to church....etc.
We have a meeting with our Vanguard guy this coming week. It should be interesting.
The new currency will be ammo and tp.
Brass,
Copper,
Lead.
We’ll have to bow in the direction of Davos daily!
Stay and fight!
Don’t run away bro.......
China grabs Taiwan just like Germany grabbed Poland on September 1, 1939.
Then what?
I’ve said this before ... if you are a firearms owner, we will be the first to be targeted by Biteme. When the UNCONSTITUTIONAL NFA Act is modified to include virtually all semi-auto firearm will be banned. ATF will raid all firearms dealers for 4473 forms for their “list”.
What I will be doing is put everything (all assets) in an irrevocable trust with my wife as trustee/executor. We may have to get a divorce in order to separate legal joint property.
I am sure that as the gov’t comes and murders gun owners they will want to add insult to injury and initiate asset forfeiture against the dead firearms owners property, if I don’t own anything, then they can’t confiscate it and leave my family in poverty.
Cash is always king, have plenty of it in the near future.
Metal....Gold, Silver, Brass and Lead.
> China grabs Taiwan just like Germany grabbed Poland on September 1, 1939.
Biden sends a strongly worded letter of protest to the UN but does nothing.
SK and Japan realize they’re on their own and start arming like crazy.
I John Gault retired 7 years ago. Houses are already paid off. One is 125 acre ranch in SE Oklahoma. Food pantrys and fuel storage there. We already spend most of our time there. I pulled 50% out of the market Nov 6th. That would last me years. Other 50% should be used to “pick winners”. Like some winners in the military industrial complex. Stay away from bonds and funds.
“Mexico is too violent and dangerous.”
FWIW, I am told that Mexico is like a big American city - lots of crime and poverty in certain areas but prosperous and civil in others.
You just have to know where to go if you plan on dropping anchor there. Some people say Mexico is a reasonable option for anyone ‘getting out of Dodge’.
I myself have never been to Mexico nor am I thinking of relocating there. Just throwing that in there in hopes it will help.
“(anyone considering going to mexico? canada?)”
Hell no! I am an American.
I will die here
> “Mexico is too violent and dangerous.”
I’d try Costa Rica before Mexico. More expensive these days, though. Remember, as a foreigner in Mexico, you cannot own real estate.
#1 if you are only now planing prepping for the coming Democrat government disaster, you are toast. I have only one piece of advice, get as far away from the cities as you can.
Buy ammo, guns, and keep your head down, The SHTF.
Sent from a cattle ranch in Hawaii via satellite.
Hard to get much further away from a city than I am.
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