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~the Official, perpetual, "It's kinda SHTF but the US Dollar hasn't collaped yet" thead~

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  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    some headlines from the Weekend (Wall Street) Journal:

    Stocks Charge Ahead

    Housing Ticks Up

    Has Gold Peaked?

    Corn Prices Extend Selloff

    Euro-Zone Output Slows Pace

    Swiss Economy Starts Showing Toll of Strong Swiss Franc

    The Future Still Belongs to America

    For Lucky Ski Bums, a Rare Chance to Hit Slopes on July 4th

    Happy Independence Day!

    Liberty: Parent of Science & Industry

  • jmski52jmski52 Posts: 22,305 ✭✭✭✭✭
    Stocks Charge Ahead Summer rally! Hooray! All is well! QE2 is over, and obviously the economy is cured.

    Housing Ticks Up As Selling Prices Drop in over 50% of urban markets.

    Has Gold Peaked? What do YOU think?

    Corn Prices Extend Selloff Ethanol subsidies set to expire.

    Euro-Zone Output Slows Pace A weaker Euro a stronger Dollar does not make.

    Swiss Economy Starts Showing Toll of Strong Swiss Franc No surprise there.

    The Future Still Belongs to America Unless we find more ways to blow it (and there is no evidence to the contrary, yet.)

    For Lucky Ski Bums, a Rare Chance to Hit Slopes on July 4th YES! YES!

    Happy Independence Day! Roger that, 10-4 good buddy!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭
    Bikini skiing used to be common in Colorado.........
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • jmski52jmski52 Posts: 22,305 ✭✭✭✭✭
    I could learn to like living in a ski resort town.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 18,553 ✭✭✭✭✭


    << <i>I could learn to like living in a ski resort town.image >>

    image


    Happy 4th everyone!!!
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Summer of Fun: Geithner "borrows" from 2 public pension funds to float the gov't from May 16-Aug 2.
    22% unemployment in my town. Food is more expensive but at least it comes in smaller sizes. My utilities bills have started to skyrocket, necessarily so.
  • derrybderryb Posts: 36,116 ✭✭✭✭✭


    << <i>Doom and Gloomers will always be with us. I think the US will come out of the kink and will ok one day. Maybe not in the next few years, but we'll fight back and look good. >>


    I'm sure that those that came out of the Great Depression would have preferred that it had been prevented. You'll find that the majority of doom and gloomers are simply reading the very obvious economic tea leaves and are only hoping that the warnings are heeded.

    Unfortunately, those of us that work for a living have finally become outnumbered by those that vote for a living.

    The decline from democracy to tyranny is both a natural and inevitable one.

  • SpoolySpooly Posts: 2,107 ✭✭✭
    Unfortunately, those of us that work for a living have finally become outnumbered by those that vote for a living. derryb 7/6/11


    I like it! Can I use that in my sig line?


    image
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    Big blackout block party in Baleyville!

    "The stores are all closed, with a word she can get what she came for"

    unusual in So Cal. The kids are having a blast, hope all my friends are enjoying the drill

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 18,553 ✭✭✭✭✭
    I remember when the East had a blackout in 2003 or 2004. It was fun. We cooked corn and steak on the grill. I finished putting up chair rail in the diningroom with a homemade mitrebox and claw hammer.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    Wow, the Markets say, "Dollar up versus... well, just about everything! That's good, right? I mean, for those of us who buy stuff with Dollars image

    Liberty: Parent of Science & Industry

  • moonshinemoonshine Posts: 1,039 ✭✭
    well between crashing space junk, solar flares, earthquakes, crazy weather/drought/fires/tornadoes, possible dark stars, comet trails, blah blah blah ..... this is a picnic ----- Let's just hope PM's don't crash the party.

  • jmski52jmski52 Posts: 22,305 ✭✭✭✭✭
    Wow, the Markets say, "Dollar up versus... well, just about everything! That's good, right? I mean, for those of us who buy stuff with Dollarsimage

    Yes, Baley - for the record, that is good. Unless you own lots of stocks. If you own precious metals, it probably doesn't matter one way or the other.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    200

    it's comin'


    "it" is?

    Liberty: Parent of Science & Industry

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>200

    it's comin'


    "it" is? >>



    any day nowimage

    I need to get my guns and ammo first. Hopefully, the STHF will wait until all the permits and waiting periods have been met.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • DarinDarin Posts: 6,247 ✭✭✭✭✭


    << <i><Sounds strangely familiar -- great minds think alike?>

    Or two dummiesimage

    For the record I'm not a SHTF subscriber in the Mad Maxx sort of way. I would prefer to hear Baley babble on forever then then to have harriers and zombies nipping at my heels. Zombies scare the crap out of me. I will be whipping hunks of gold and silver at them to make my getaway. I believe I can out out run zombies as they are sort of slow. I just need to remember not to look back while I'm running. That always seems to be the downfall of many in the movies as they trip over an old tree root or beer bottle.

    MJ >>



    One of the greatest lines in movie history, from 1968, 'Night of the living dead.'

    Reporter: "Are they slow moving, Chief."

    Sheriff: "Yeah, they're dead. They're all messed up."

    DISCLAIMER FOR BASEBAL21
    In the course of every human endeavor since the dawn of time the risk of human error has always been a factor. Including but not limited to field goals, 4th down attempts, or multiple paragraph ramblings on a sports forum authored by someone who shall remain anonymous.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>200

    it's comin' >>




    image OMG!
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>

    << <i>200

    it's comin' >>




    image OMG! >>



    i am so happy that most of you can count!
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    "200

    it's comin'"

    Oil?

    Got CASH?
  • braddickbraddick Posts: 22,995 ✭✭✭✭✭
    "SHTF" Worshipping is a sad religion indeed.

    peacockcoins

  • cohodkcohodk Posts: 18,553 ✭✭✭✭✭


    << <i>"SHTF" Worshipping is a sad religion indeed. >>



    Kind of like preparing for the end of the world. First, why bet on something that will only happen once in eternity and second, why prepare (worry) for something that will kill you anyway.

    Party on boys!!!!image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    "Party on boys!!!!image"


    My life time motto!image

    "The road goes on forever & the PARTY never ends!"image

    Robert E Keen
    Avid collector of GSA's.
  • OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>

    << <i>"SHTF" Worshipping is a sad religion indeed. >>



    Kind of like preparing for the end of the world. First, why bet on something that will only happen once in eternity and second, why prepare (worry) for something that will kill you anyway.

    Party on boys!!!!image >>



    Sanity prevails
    Good grief, what am I going to do with my years worth of stockpiled food and enough ammo to arm an army? Perhaps I can barter some for unopened boxes of 25th Anniversary Silver Eagle Setsimage

    I'm still keeping "an eye" on Nibiru thoughimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • cohodkcohodk Posts: 18,553 ✭✭✭✭✭


    << <i>I'm still keeping "an eye" on Nibiru thoughimage >>



    I had to look it up.


    Hopefully all those hours spent watching Stargate will leave me well prepared.


    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    like i said "it's coming"

    maybe next time Planet X comes aroundimage
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    Once the Dec 21 2012 solstice Apocalypse comes and goes (anyone remember Y2K?) we can all look forward to the 2060 armageddon prophecy doomsaying!

    what fun the relief rally of 2013 will be! it's not the end of life as we know it, after all image

    Liberty: Parent of Science & Industry

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    This thread should be renamed "Coast to Coast with George Noory."

    "The West Coast line is open...."

    image
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    How's those metrics? anyone spot any hyperinflation or zombies?

    All quiet on the western front..

    Liberty: Parent of Science & Industry

  • derrybderryb Posts: 36,116 ✭✭✭✭✭


    << <i>How's those metrics? anyone spot any hyperinflation or zombies? >>



    Does this count?

    image

    The decline from democracy to tyranny is both a natural and inevitable one.



  • << <i>

    << <i>How's those metrics? anyone spot any hyperinflation or zombies? >>



    Does this count? >>



    image

    While I understand why people like to poke fun of survivalists, at the same time though there's nothing wrong with preparing for rough times. Take food for example. Up until 100 years ago humans have always stored as much food as they could. Yet today people make fun of preppers for keeping 6 months worth of food on hand. That doesn't make sense to me... As for inflation, you simply have to be kidding yourself if you think there's no risk of hyper-inflation. If the money supply chart above doesn't at least make you consider the possibilities of inflation, than I don't know what to tell you. Perhaps the debt chart will at least make you consider the possibility:

    image

    Why wouldn't a person allocate at least a small portion of their savings in precious metals purchased at melt given the above?
  • cohodkcohodk Posts: 18,553 ✭✭✭✭✭
    That chart makes me think deflation, not inflation.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 22,305 ✭✭✭✭✭
    Makes me think default.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BBNBBN Posts: 3,761 ✭✭✭
    The closest we'll ever see to a SHTF scenario is going to be localized disasters such as hurricanes and earthquakes. In such cases silver dimes and gold eagles will mean nothing. In these situations actual paper money, coin dollars, and canned food, bottled water will come in most handy. The power will be down so paperless transactions will be shut down for awhile. I live almost on the New Madrid fault line and FEMA has stated that, in the event of a major earthquake, it would take them approximately 3 weeks before they could get into deep southern IL with assistance. That would definitely leave a lot of people without food after only 2-3 days. This is what causes the looting like what you saw in New Orleans. In this case a well stocked pantry and being armed is the best option. The people on welfare that keep little food in the house and shop for food daily at convenience stores will be on the prowl.

    In conclusion, PMs are an investment tool. A silver dime or quarter is just a dime and quarter to the overwhelming majority of people.

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
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  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    70% of all real estate sales in South Fla are foreclosures or short sales. Ever hear anything like that before? The new mantra is "rent". "Renting" is better than owning. This is from the same types that have not owned a car prolly and can't muster even a few grand for a used one.
  • GemineyeGemineye Posts: 5,374


    << <i>SHTF in America= no cable

    Take cable away and there would be rioting in the streets. That's when you should be worried. Give the people cable and sing them a lullaby or let them buy from Home Shopping and there will be peace in the valley. Numb is good for the masses.

    Some may argue that the dollar has already collapsed albeit via a slow drip over the past 80 years or so losing 95% of it's purchasing power. No one notices when it's done over time. Drip, drip, drip

    It is what it is.

    I'm not a buyer of a TSHTF scenerio ever happening. I hope I'm right. I'm prepared for one though I THINK, but I doubt I will have thought of everything as there is no way to know for sure what shape or form SHTF will come in. My advise, enjoy life, kiss your kids, pet your wife and take the dog to a lot of dinners and movies and tell those that you cherish, " I love you"...........often. Hope for the best and prepare yourself and your family for rough times. There is no defense for harriers so why worry about it.

    MJ >>




    I got Direct TV and DVD's.....I got it covered..my wife likes the Kiddie movies...image....Bring it on.....!!
    ......Larry........image
  • pf70collectorpf70collector Posts: 6,503 ✭✭✭
    So the dollar has lost 90% of its value since the FED came into existence. So in 100 years what will 90% of today remaining 10% be. This can only go on for so long than what? Are we looking at million dollar salaries for the middle class in the next 20-30 years?
  • image
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  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>That chart makes me think deflation, not inflation. >>



    Everything makes you think deflation. You are the anti-viagra of this forumimage

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • cohodkcohodk Posts: 18,553 ✭✭✭✭✭


    << <i>

    << <i>That chart makes me think deflation, not inflation. >>



    Everything makes you think deflation. You are the anti-viagra of this forumimage

    MJ >>




    Why am I the only one rooting for a sale?!imageimage


    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Anything but short-term deflation will destroy this country. We are not Japan with savings.

    This means all our obligations will be more expensive, our government will do all in its power to prevent this, in my opinion.
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    Great Post BBN, post of the day, and image


    Monday January 09, 2012 12:40 PM (NEW!)
    The closest we'll ever see to a SHTF scenario is going to be localized disasters such as hurricanes and earthquakes. In such cases silver dimes and gold eagles will mean nothing. In these situations actual paper money, coin dollars, and canned food, bottled water will come in most handy. The power will be down so paperless transactions will be shut down for awhile. I live almost on the New Madrid fault line and FEMA has stated that, in the event of a major earthquake, it would take them approximately 3 weeks before they could get into deep southern IL with assistance. That would definitely leave a lot of people without food after only 2-3 days. This is what causes the looting like what you saw in New Orleans. In this case a well stocked pantry and being armed is the best option. The people on welfare that keep little food in the house and shop for food daily at convenience stores will be on the prowl.

    In conclusion, PMs are an investment tool. A silver dime or quarter is just a dime and quarter to the overwhelming majority of people.


    PS: those who think the dollar has "collapsed" or that the S has already hit the fan on a national scale do not define the terms the way most of us do.

    Not saying it Can't, not saying it Won't, not saying One shouldn't be Prepared. Just saying, it Hasn't

    Liberty: Parent of Science & Industry

  • IMHO there isn't much one can do about a big SHTF scenario short of becoming a survivalist and stocking MRE's and ammo, that's not for me. I like to look at the glass as half full. However, these are perilous times and I think one should diversify his assets as much as possible to protect against more likely events, inflation being my main concern.
  • ttownttown Posts: 4,472 ✭✭✭


    << <i>IMHO there isn't much one can do about a big SHTF scenario short of becoming a survivalist and stocking MRE's and ammo, that's not for me. I like to look at the glass as half full. However, these are perilous times and I think one should diversify his assets as much as possible to protect against more likely events, inflation being my main concern. >>



    Actually those saying they have this and that wouldn't be any better off either. They'd lock down
    the cities and you'd have people wondering around the country side. I don't care what kind of fire
    power you have but it better be a shovel since you couldn't hold it against a small group much less
    a large one. How many ever watch westerns? Ever see how the Indians got the settlers out of
    their homes? There's a new horseless carriage out there you just set it on fire and put it in drive.
    It comes to that and you'd better be able to live off the land or go to a FEMA camp.
  • My family spent 18 days (in 5 to 7 day chunks) without power during the 2004 hurricane season here in Florida. Without a doubt having enough food, water, and cash on hand was a huge plus. Most retail stores would not open without power, but even the ones with power did not have their credit card service running and I witnessed MANY people b1tch and moan about not having cash.


  • << <i>My family spent 18 days (in 5 to 7 day chunks) without power during the 2004 hurricane season here in Florida. Without a doubt having enough food, water, and cash on hand was a huge plus. Most retail stores would not open without power, but even the ones with power did not have their credit card service running and I witnessed MANY people b1tch and moan about not having cash. >>



    I didn't mean to not be prepared for a short term crisis. We had the '99 ice storm as a wake up call and we are now prepared to go at least a month without electricity, stores etc.
  • ttownttown Posts: 4,472 ✭✭✭
    For those interested here's real life SHTF. So you think your prepared? Maybe those camps might just be okay image Click on the links on the right.

    http://shtfschool.com/category/general/
  • derrybderryb Posts: 36,116 ✭✭✭✭✭
    My experience from Ground Zero during Hurricane Hugo: Cigarettes will get you just about anything else you need.

    The decline from democracy to tyranny is both a natural and inevitable one.

  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    So, in that respect, it's just like prision (or being lost in wilderness?)

    Cigarettes and whisky, bic lighters and razor blades, bottled water and canned or pouched food, and maybe a good stout stick of wood, would get you through a few days at least?

    How about paper cash money? Any disaster witnesses/participants that can comment on the relative usefullness of folding money versus gold coins in a real-life short to med. term disaster?

    "Hey, can anyone make change for a kruggerand?"

    Liberty: Parent of Science & Industry

  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    "Extra, Extra, read all about it! US economy likely to collapse, end of entire Earth possible, read all about it!

    (also, note the extra extra thick advertising circular in today's edition! Read ALL ABOUT IT!")

    Liberty: Parent of Science & Industry

This discussion has been closed.