Join John Adams, world renowned Intl Matchmaker, Monday nights 8:30 EST for Live Webcasts!
And check out Five Reasons why you should attend a FREE AFA Seminar! See locations and dates here.



View Active Topics       View Your Posts       Latest 100 Topics       FAQ Topics       Switch to Mobile


Prepping For A January Collapse

Discuss conspiracies, mysteries and paranormal phenomena.

Moderators: fschmidt, jamesbond

Prepping For A January Collapse

Postby Taco » December 9th, 2013, 12:52 pm

The markets have been propped up artificially since 2008. The Dow hit two all time new highs this year, there's only one direction the markets can go now and that's down.

Prepping For A January Collapse
http://www.activistpost.com/2013/12/why ... se-is.html
Taco
Elite Upper Class Poster
 
Posts: 4454
Joined: July 9th, 2011, 5:30 pm




Check out our Dating Sites and HA International Romance Tours!



Postby Devil Dog » December 9th, 2013, 4:47 pm

When nothing happens in January does that mean we should prepare for the February collapse?
Devil Dog
Freshman Poster
 
Posts: 470
Joined: February 5th, 2013, 7:55 am

Postby HouseMD » December 9th, 2013, 6:00 pm

I'll add this one to the list on my collapse failure calendar to bring up on future occasions.
User avatar
HouseMD
Experienced Poster
 
Posts: 1369
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Postby MrPeabody » December 9th, 2013, 6:22 pm

These people who come up with specific dates destroy their credibility because nobody can predict how long the authorities can keep the game going. However, look at the other side of the coin. When it comes, then at that point it's your reality and the world will never be the same again. That could be tomorrow or the can could be kicked down the road for years. Until then the illusion of normality continues.
MrPeabody
Experienced Poster
 
Posts: 1281
Joined: April 13th, 2008, 7:53 pm

Postby HouseMD » December 9th, 2013, 6:35 pm

MrPeabody wrote:These people who come up with specific dates destroy their credibility because nobody can predict how long the authorities can keep the game going. However, look at the other side of the coin. When it comes, then at that point it's your reality and the world will never be the same again. That could be tomorrow or the can could be kicked down the road for years. Until then the illusion of normality continues.

All of society and every financial system aside from bartering ever created is an illusion. When one collapses, another one always takes its place and the world moves on. Every rule we live by is a arbitrary idea we have all agreed upon, as is our currency, as is every working of our society. The only way the global financial system can actually collapse is if people believe it has, for all money is is a unit of exchange we choose to believe is worth something. Gold and silver are no better, they're just rocks we have also arbitrarily decided have value. Their scarcity does not gibe them value- there are far more scarce elements that are worth less than either precious metal. I don't think the majority of the world will lose faith in money simultaneously so long as they can eat and have a roof over their head. Fear mongering is a pointless exercise anyway, as there is no way to truly protect yourself in a total collapse scenario, so you're essentially condemning yourself to live in fear perpetually for something that probably won't happen, and even if it does you are f***ed.

Worse still are those who live abroad that believe in an eminent global collapse. If you're in a country that is already not well off and the system implodes, you're doubly f***ed by being in an area that will no longer receive food and key goods (in poor countries that experience economic collapse, the wealthy always seize food) and you're an outsider. People will be looking for someone to blame, and the westerners will be the scapegoat. At least America wouldn't be as hostile in such a scenario, and has enough land to farm for those of us that have some agricultural know-how.
User avatar
HouseMD
Experienced Poster
 
Posts: 1369
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Postby MrPeabody » December 9th, 2013, 6:54 pm

HouseMD wrote:All of society and every financial system aside from bartering ever created is an illusion. When one collapses, another one always takes its place and the world moves on. Every rule we live by is a arbitrary idea we have all agreed upon, as is our currency, as is every working of our society. The only way the global financial system can actually collapse is if people believe it has, for all money is is a unit of exchange we choose to believe is worth something. Gold and silver are no better, they're just rocks we have also arbitrarily decided have value. Their scarcity does not gibe them value- there are far more scarce elements that are worth less than either precious metal. I don't think the majority of the world will lose faith in money simultaneously so long as they can eat and have a roof over their head. Fear mongering is a pointless exercise anyway, as there is no way to truly protect yourself in a total collapse scenario, so you're essentially condemning yourself to live in fear perpetually for something that probably won't happen, and even if it does you are f***ed.

Worse still are those who live abroad that believe in an eminent global collapse. If you're in a country that is already not well off and the system implodes, you're doubly f***ed by being in an area that will no longer receive food and key goods (in poor countries that experience economic collapse, the wealthy always seize food) and you're an outsider. People will be looking for someone to blame, and the westerners will be the scapegoat. At least America wouldn't be as hostile in such a scenario, and has enough land to farm for those of us that have some agricultural know-how.



When Germany collapsed in the 1920s, the next day all the buildings were still there. So in a sense, nothing was destroyed. However, there was a massive change of ownership. That's the real issue. The criminals who run the system will be stealing other people's assets to pay for their mistakes. The real issue is how to reposition you wealth to prevent it from being confiscated. Also, after the collapse there was massive depression and suffering followed by an authoritarian government that killed its own citizens. Those are real consequences. Saying the world moves on is more like putting one's head in the sand and not dealing with the real issues.
MrPeabody
Experienced Poster
 
Posts: 1281
Joined: April 13th, 2008, 7:53 pm

Postby Teal Lantern » December 9th, 2013, 7:20 pm

Devil Dog wrote:When nothing happens in January does that mean we should prepare for the February collapse?

If another comet is due in Feb, then yes. Every next stray rock in the sky is Nibiru.
Don't forget the next bird flu scare. This season's flavor: H7N9

The quality of fear pr0n hasn't been the same since Dec 21, 2012 came and went and the Harold Camping debacle.
:lol:
не поглеждай назад. 8)

"Even an American judge is unlikely to award child support for imputed children." - FredOnEverything
User avatar
Teal Lantern
Veteran Poster
 
Posts: 2766
Joined: August 14th, 2012, 12:48 am
Location: Briar Patch, Universe 25

Postby fschmidt » December 10th, 2013, 3:14 am

HouseMD wrote:Gold and silver are no better, they're just rocks we have also arbitrarily decided have value. Their scarcity does not gibe them value- there are far more scarce elements that are worth less than either precious metal.

I just want to correct this. The value of gold is indeed arbitrary. But the value of silver is not. There is an inelastic demand for silver for use in electronics, so the real value of silver is determined by the cost of mining. Since the current price of silver is significantly below mining cost, silver is undervalued. Because morons invest in silver, buying silver on the way up and dumping it on the way down, silver wildly fluctuates around its real fair value.
Following the Old Testament, not evil modern culture
fschmidt
Veteran Poster
 
Posts: 2305
Joined: May 18th, 2008, 9:16 am
Location: El Paso, TX

Postby Teal Lantern » December 10th, 2013, 3:32 am

fschmidt wrote:
HouseMD wrote:Gold and silver are no better, they're just rocks we have also arbitrarily decided have value. Their scarcity does not gibe them value- there are far more scarce elements that are worth less than either precious metal.

I just want to correct this. The value of gold is indeed arbitrary. But the value of silver is not. There is an inelastic demand for silver for use in electronics, so the real value of silver is determined by the cost of mining. Since the current price of silver is significantly below mining cost, silver is undervalued. Because morons invest in silver, buying silver on the way up and dumping it on the way down, silver wildly fluctuates around its real fair value.


To be fair, the morons were encouraged to buy silver, being told by a few carnival barkers they could "crash" JP Morgan and get rich in the process.
не поглеждай назад. 8)

"Even an American judge is unlikely to award child support for imputed children." - FredOnEverything
User avatar
Teal Lantern
Veteran Poster
 
Posts: 2766
Joined: August 14th, 2012, 12:48 am
Location: Briar Patch, Universe 25

Postby HouseMD » December 10th, 2013, 3:33 am

fschmidt wrote:
HouseMD wrote:Gold and silver are no better, they're just rocks we have also arbitrarily decided have value. Their scarcity does not gibe them value- there are far more scarce elements that are worth less than either precious metal.

I just want to correct this. The value of gold is indeed arbitrary. But the value of silver is not. There is an inelastic demand for silver for use in electronics, so the real value of silver is determined by the cost of mining. Since the current price of silver is significantly below mining cost, silver is undervalued. Because morons invest in silver, buying silver on the way up and dumping it on the way down, silver wildly fluctuates around its real fair value.

Silver is far more useful than gold to be sure. But in a collapse industrial demand would drop drastically, as the sorts of products that require silver to function one can only afford in an advanced economy. There would be little industrial demand to even make silver worth mining post-collapse.
User avatar
HouseMD
Experienced Poster
 
Posts: 1369
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Postby fschmidt » December 10th, 2013, 3:40 am

HouseMD wrote:Silver is far more useful than gold to be sure. But in a collapse industrial demand would drop drastically, as the sorts of products that require silver to function one can only afford in an advanced economy. There would be little industrial demand to even make silver worth mining post-collapse.

In a prolonged global collapse, gold and silver would probably do well for psychological reasons as a store of value. What other asset would do better? And I think we agree that any collapse would eventually end in recovery, in which case hard assets like silver would recover their industrial value while paper assets could be completely wiped out.
Following the Old Testament, not evil modern culture
fschmidt
Veteran Poster
 
Posts: 2305
Joined: May 18th, 2008, 9:16 am
Location: El Paso, TX

Postby Devil Dog » December 10th, 2013, 5:21 am

fschmidt wrote:
HouseMD wrote:Silver is far more useful than gold to be sure. But in a collapse industrial demand would drop drastically, as the sorts of products that require silver to function one can only afford in an advanced economy. There would be little industrial demand to even make silver worth mining post-collapse.

In a prolonged global collapse, gold and silver would probably do well for psychological reasons as a store of value. What other asset would do better? And I think we agree that any collapse would eventually end in recovery, in which case hard assets like silver would recover their industrial value while paper assets could be completely wiped out.


^ We have a winner.
Devil Dog
Freshman Poster
 
Posts: 470
Joined: February 5th, 2013, 7:55 am

Postby HouseMD » December 10th, 2013, 5:38 am

fschmidt wrote:
HouseMD wrote:Silver is far more useful than gold to be sure. But in a collapse industrial demand would drop drastically, as the sorts of products that require silver to function one can only afford in an advanced economy. There would be little industrial demand to even make silver worth mining post-collapse.

In a prolonged global collapse, gold and silver would probably do well for psychological reasons as a store of value. What other asset would do better? And I think we agree that any collapse would eventually end in recovery, in which case hard assets like silver would recover their industrial value while paper assets could be completely wiped out.

No sane person would trade food and ammunition for gold in a collapse. And total collapse would probably take at least 30 years to begin sorting out (the Great Depression took over two decades to lift, and only did so because of a world war). You're probably better off with tangible goods like guns and bullets, which you will be able to sell at a high premium to those possessing gold but no weapons or ammo. The vast majority of people cannot manufacture their own ammunition even with a stable supply chain. Without an economy, bullets are basically money.
User avatar
HouseMD
Experienced Poster
 
Posts: 1369
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Postby Devil Dog » December 10th, 2013, 3:50 pm

HouseMD wrote:
fschmidt wrote:
HouseMD wrote:Silver is far more useful than gold to be sure. But in a collapse industrial demand would drop drastically, as the sorts of products that require silver to function one can only afford in an advanced economy. There would be little industrial demand to even make silver worth mining post-collapse.

In a prolonged global collapse, gold and silver would probably do well for psychological reasons as a store of value. What other asset would do better? And I think we agree that any collapse would eventually end in recovery, in which case hard assets like silver would recover their industrial value while paper assets could be completely wiped out.

No sane person would trade food and ammunition for gold in a collapse. And total collapse would probably take at least 30 years to begin sorting out (the Great Depression took over two decades to lift, and only did so because of a world war). You're probably better off with tangible goods like guns and bullets, which you will be able to sell at a high premium to those possessing gold but no weapons or ammo. The vast majority of people cannot manufacture their own ammunition even with a stable supply chain. Without an economy, bullets are basically money.


Describe the collapse. Then I will tell you whether you need silver or guns & ammunition.

Everyone has a different idea of how bad it will be and what it will look like. Precious metals will be good to have in a hyperinflationary economic collapse and will not be needed in a zombie apocalypse.
Devil Dog
Freshman Poster
 
Posts: 470
Joined: February 5th, 2013, 7:55 am

Postby HouseMD » December 10th, 2013, 4:12 pm

Devil Dog wrote:
HouseMD wrote:
fschmidt wrote:
HouseMD wrote:Silver is far more useful than gold to be sure. But in a collapse industrial demand would drop drastically, as the sorts of products that require silver to function one can only afford in an advanced economy. There would be little industrial demand to even make silver worth mining post-collapse.

In a prolonged global collapse, gold and silver would probably do well for psychological reasons as a store of value. What other asset would do better? And I think we agree that any collapse would eventually end in recovery, in which case hard assets like silver would recover their industrial value while paper assets could be completely wiped out.

No sane person would trade food and ammunition for gold in a collapse. And total collapse would probably take at least 30 years to begin sorting out (the Great Depression took over two decades to lift, and only did so because of a world war). You're probably better off with tangible goods like guns and bullets, which you will be able to sell at a high premium to those possessing gold but no weapons or ammo. The vast majority of people cannot manufacture their own ammunition even with a stable supply chain. Without an economy, bullets are basically money.


Describe the collapse. Then I will tell you whether you need silver or guns & ammunition.

Everyone has a different idea of how bad it will be and what it will look like. Precious metals will be good to have in a hyperinflationary economic collapse and will not be needed in a zombie apocalypse.

I imagine a collapse as paper money becoming completely unused for a period of 5+ years.
User avatar
HouseMD
Experienced Poster
 
Posts: 1369
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Next

Return to Conspiracies, Mysteries, Paranormal

Who is online

Users browsing this forum: No registered users and 1 guest