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To: NVDave

Do you mean bullets? If things get that bad, then gold
coins are the only thing that will work!


19 posted on 10/25/2008 9:03:45 AM PDT by upcountryhorseman (An old fashioned conservative)
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To: upcountryhorseman

Yes, I mean bullets.

No, gold coins won’t work very well then. You can’t buy a loaf of bread with an ounce of gold - unless you’re willing to part with an extreme amount of money. You’ll have to exist in a world where a majority of the morons you encounter every day are willing to use a credit card to buy a cup of coffee. The credit card companies try to stigmatize people who use cash and thereby “hold up the line.”

What BS. Do you seriously think in such a society that they’re going to accept gold or silver? Nah. Ain’t gonna happen until such time as they start starving. You want that point in time to occur without YOU starving.

But let’s say you want to revert to a metallic “TSHTF” standard. You’re going to need silver dimes, quarters, dollars, 0.25. 0.5 and 1oz gold pieces. For larger denominations, I’d recommend “good delivery” bars, probably certified by Johnson-Matthey or a similarly known referee assay house. Am I saying to not own ANY gold? No, having some “fondle factor” metal around is always good. You should not be planning on buying your day-to-day necessities with gold bullion coins, however.

Before you get to the point where you can spend hard metallic currency, you’re going to have to survive a period of complete instability. And gold ain’t gonna help you do that, at all. You’d better be thinking in terms of steel - tools (including guns) with which you can make or do most anything you need done.

People who keep hyping gold don’t think about logistics very much. They think that paper money is magically going to disappear and a suddenly enlightened populace is going to say “Why, yes, I will take your 0.9999 fine bullion coins and provide change!”

Hah. Ain’t gonna happen.

Here’s what people should be thinking about - supply logistics. They should be thinking about failures in their supply chains, failures of various service providers, manufactures, institutions, etc. Folks should be thinking about how they live with less “pay to have XXX done” or “pay for XXX pre-made” and start thinking about how to either do without or make it for themselves. Most people, esp. in urban and suburban areas have no clue just how tenuous their supply chains are, and they continue to piss away money and wealth on complete nonsense, rather than insuring that they are more independent of calamities and disruptions.

For example: For the life of me, I cannot fathom why people give money to an outfit like Starbucks for a cup of burnt, over-extracted coffee. Huh? WTF? Get some beans, grind them up yourself, pour some boiling water over them and enjoy. This ain’t rocket science, and no one needs a some “barrista” with blue and magenta hair to pour them a cup of coffee-colored swill. Yet there are some people forking over $5/day, five days a week on their way to work to get a cup of Starbucks swill. Figure 20 working days per month, times $5, and we’re talking $100 per month for burnt, over-extracted coffee. That’s $1200 per year.

Why not brew your own, buy a good stainless steel (see my point about steel above) thermos and take it with you? Wha-la, the need for 1.5 ounces of gold per year just disappeared. That’s also a whole lot of money that could be put into tools, supplies, stored food, etc.

Examples abound. People should buying pre-prepped food and learn to cook. My favorite recommendation for people is to learn how to use a dutch oven, so if things ever get really bad, you can cook with a bed of coals from scrap wood, etc.

People in this country piss away enormous amounts of wealth on truly silly and superfluous nonsense. Folks need first to excise this silly crap from their lives and conserve their wealth, because it is quite likely that we’re not going to see another period of wealth creation such as we’ve seen since 1983 for a very, very long time.


20 posted on 10/25/2008 11:18:53 AM PDT by NVDave
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