“How do you think it will play out? What will it look like… the economic collapse that you’ve been writing about? I have money invested in the stock market, investments, sitting in the bank. Will my investments be safe? What should I do to prepare?” Those are the most common questions I’ve been receiving since writing about the coming collapse of the U.S. dollar and looming economic crisis. Since my recent article titled Racing for the exits was published, I’ve received nearly one thousand e-mails with these very questions from people all over the world.
Anything that does not have intrinsic value is not safe, including all investments and cash. Land, metals and other tangible assets you can stand in front of with a rifle to guard (i.e. that you actually physically possess) are worth something.
Obama is at fault, yes, but so is every other president going back to Andrew Jackson.
You never really own the land completely. Beyond property taxes, there are people who own land and homes in the desert where it is very cheap, but the government has decided it wants them out and suddenly an inspector will show up and they have to get out. Standing in front of it with a gun won´t help. You need $$$ and attorneys. It´s not even eminent domain.
The dollar is going to face an ugly reckoning, to be sure. America is vulnerable to sabotage and terror attacks, not to mention EMP attacks from North Korea and Iran. "Denial of service" attacks on the financial systems (ATMs, bank financial systems, credit cards) (mainly from China and Iran) are a real threat as well.
Keep some cash at home in small bills, locked up with your firearms. Food and water, medicines, dog food, ammo, a generator, definitely!
At this point I´d recommend investing 401ks and the like in investments in countries with balanced budgets and lots of resources. Some good ETFs include Canada (symbol: EWC), Australia (EWA), Norway NORW), and Switzerland (EWL). All these countries have stable currencies. All are well-governed. All have lots of resources. I´d open a bank and a brokerage account overseas if I could, but the IRS has made that all but impossible.
Gold coins? Gold is $1580 an ounce. Who wants to pay for a tank of gasoline with a gold coin? Silver at $29 an ounce looks better to me for that purpose.
A remote ranch where you can grow your own food? What is remote any more, with drones and satellite photos and criminals and desperate and hungry people with firearms? If it gets that bad, I´m afraid we´re all doomed.
A depressing article, but many of us are sensing that something - nay, a lot of things - are terribly, terribly wrong.
Here is a fellow who went through the 2001 economic collapse in Argentina.
An economic collapse isn´t what most people think. It is not doomsday. More like stagflation on steroids. With increasing crime. Retirement income and entitlements do not keep up with inflation. Earned income is not much better.
I believe we will probably experience more ´Carter Years´, rather than a collapse.
I tend to believe the collapse is happening right now and will just slowly eat up everything we own. There may come a time when it all unwinds rapidly but I’m not so sure. We may just slowly grind to nothing rather than rapidly descending into chaos? It could be that all of our high living has just caught up with us and our so called leaders are scrambling to make everything normal for as long as possible, but if I were in control and wanted fundamental change, I would do it slowly and methodically. Slowly grind the people down making them work harder for less while telling them all is looking better and recovery is just around the corner. Grind the productive people to the point of desperation while they are still productive then present the grand solution to all of their problems. No blood, no bullets, no chaos, just acquiescence. Or, we could be hit with rapid hyper-inflation and end up shooting squirrels out of trees with slingshots and eating dandelion salads? Either way we are headed to a bad place where I would be reluctant to trade an MRE or .22 round for a gold coin. Buy what you can use.
I don´t know what I think overall but I do think having something worth taking away from me won´t help much. No way you can defend against a gang and if this guy is right, gangs is what we´ll have. Hell, we already have gangs.
As I said, if this guy is right, the gangs will kill you for a bottle of water, maybe less, so having a larder full of food is just asking for an early grave. So... what do we do. Hell, I don´t know.
Ugh! The falling-fast-in-popularity-polls Barack Hussein Obama is diving for cover under the cassock of Pope Francis, and it’s going to require a take-no-prisoners Catholic League president like Bill Donohue to drag him back out. Obama’s M.O. for hiding under Francis skirts? ‘The Artful Dodger of the White House’ counts on people thinking that If the pope can be a Marxist, then the Marxist Fundamental Transformation of America can’t be all bad. The big difference here is that no one, not the mainstream media or the talking heads jumped on the man they call Obama when he ran for the presidency back in
The House Republican leadership with its Dec. 3 vote to extend the ban on “undetectable” guns proved again it excels at political cowardice and betrayal of conservatives. Do not bother looking for the roll call of the yeas and nays on the vote, the GOP leaders, working with Democrats, suspended the rules and passed the measure with a voice vote—with maybe 15 actual congressmen on the House floor. In another profile in cowardice, Republicans put up Rep. J. Howard Coble (R.-N.C) to sponsor the bill, H.R. 3626. The 82-year-old congressman announced his retirement a month ago, so let’s just say he took
In a world where the New York Times can posit that the ‘Knockout Game’ Trend has no import—and gets away with it—no one can know the future, but with the way things are going it is only commonsense to worry your way into trying to do something about it. People old enough to remember 70 years of Communism in the Soviet Union and its satellites before communism made its hurried move for a safe North America landing, stand their ground against the misery of Marxism planned for America by President Barack Obama. But young people, who now over populate the ‘Me
In 1995, a book written by a little known community organizer was released. Dreams From My Father is a ‘Fairytale for Adults’, many of whom swallowed it hook, line and sinker. In 2013, a book written by Jane Sutcliffe, entitled Barack Obama, making the claim that white Americans are racists, made it to required reading status at Bluffview Elementary School in Dupo, Ill. The book Barack Obama is a ‘Fairytale for Children’, many of whose imaginations are occupied elsewhere. That’s because the actual timing of Sutcliffe’s Barack Obama as a Grade 4 must-read is way off. Children in the Grade 4 age group—thousands
Britain’s Court of Appeal upheld a ban of a radio ad this week that had initially been banned by the then Culture Secretary Jeremy Hunt and the Radio Advertising Clearance Centre on the grounds that it was directed toward a political end. Media political advertising is not permitted in the UK. The ad, by Christian Community Partnership (CCP), asked people to identify if they had experienced discrimination in the workplace as a result of their faith. CCP publishes several magazines as well as owning Premier Christian Radio, the national broadcaster that was to carry the commercial.
The nightmare world of propaganda and psych ops the Obama administration uses to frighten its citizens into mass subjugation has just exploded into daytime reality. In an era where Identity Theft is ruining lives, the headline warning from yesterday’s INVESTORS.com is the ObamaCare Website is Like ‘IdentityTheft.Gov. “Security: Computer security experts testify that the unfinished health care marketplace portal places the personal information of millions at risk on a poorly designed and built site that is a hacker’s dream.” (INVESTORS.com, Nov. 20, 2013) “Not only is the poorly designed and still only partially built ObamaCare website, Healthcare.gov vulnerable to attack by computer hackers,
Michelle Obama wants the proletariat to know that her husband “is in the bathroom all the time just singing.” When he’s not playing Spades with Reggie Love, getting ready to take credit for the death of Osama bin Laden and not ducking duty, he’s in the john warbling like a canary. “In an interview on BET last night with Bow Wow and Keshia Chante, First Lady Michelle Obama talked up her husband, President Barack Obama. “I always say my husband has got swag,” said Mrs. Obama. “He’s got a little swag.” The audience applauded.” (Drudge Report, Nov. 20, 2013) “Mrs. Obama also said
Last Christmas Michelle and Barack Obama chose a black-and-white photograph of Wonder Dog ‘Bo’ cavorting in the snow on the White House lawn as the centerpiece for their official Christmas card. As Todd Starnes of Fox News pointed out: “The 2012 card made no mention of any specific holiday, nor did it include a Bible verse noting the Birth of Christ.” The card emailed to millions and Vanity Fair-deemed as “best ever” made Portuguese Water Dog Bo ‘Christmas Dog in the Manger’. This year, Barack Obama trumps Bo as Christmas Dog in the Manger. Images from BarackObama.com, depicting two talking digital snowmen, advise recipients
The evil sin of lying does not come in any particular colour. White men lie; black men lie and politicians of both colours do it all the time. Over in the UK, US talk show queen Oprah Winfrey is using South Carolina Congressman Joe Wilson’s shout “You lie!” when President Barack Obama was pushing the benefits of his now epic fail Affordable Health Care Act, aka ObamaCare, as proof positive that dislike for the president comes down to “the colour of his skin”. Winfrey, talking to BBC Arts Editor Will Gompertz about her starring role in The Butler, which recounts the life
No, Virginia, Toronto Mayor Rob Ford won’t be marching in this year’s Santa Claus Parade. The Santa Claus Parade co-chair (not a real chair, Virginia, just a politically correct ID) has sent a letter to the mayor’s staff, asking to avoid the distraction of having Rob Ford march “and put the focus back on Santa and Mrs. Claus”. But not to worry most of Toronto’s 44, $102,608-a-year-salary-plus-perks councillors will be there—as angels. “Our request is simple, we know the Mayor loves the Parade, but for this year let’s avoid this distraction and put the focus back on Santa and Mrs. Claus,” Ron
It doesn’t matter how low President Barack Obama falls in popularity polls, he is still there, running roughshod over the Little People. No matter how low he falls in popularity, Obama still gets to hold the USA in an airtight stranglehold. No one is stepping forward to loosen that deadly grip. It doesn’t matter how often you read or hear the words, “Impeach Obama”, it will never happen. What does truly matter is that everyday people must—somehow—survive the next three years, because unless he decides to leave Dodge on his own, or natural causes overtake him, Obama will will go on being the
Despite what you are being told, the Affordable Health Care Act (ACA), commonly known as ObamaCare, is already proving to be a resounding success. The problem, however, is that the majority of Americans don’t fully understand the objectives of this plan, or the roles of its architects and its defenders. Even the vast majority of conservative pundits in all venues don’t seem to ‘get it’ and consequently, are leading their readers and listeners astray by focusing on the wrong issues. First, it is vital to understand that the ACA is not now, nor never was, about providing affordable health care.
I have never been much of a conspiracy theorist. For me it was always Oswald by himself from the Texas School Book Depository and nothing in the intervening fifty years has disabused me of this notion. For the most part, I’m an Occam’s Razor kind of guy — the most obvious explanation is likely to be true. (Snip) To put it bluntly, Occam’s Razor has moved. Things that were once possibilities now seem almost certainties to me. Principal among those is that Obama’s academic records are perpetually unavailable for a reason — and that reason is most likely that they reveal
One of President Obama´s chief political assets has been his ability to excite young people like almost no politician in history. But the days of America´s youth fawning over the president are over. A new Harvard University Institute of Politics poll released Wednesday confirms what other surveys have shown in recent months: Millennials have soured on Obama so much this year that their opinion of him largely mirrors the American public´s. Even though Obama does not ever have to face another election, he should be worried about the findings for a couple of reasons, which we will dive into momentarily.
Good stuff from Jonathan Turley at today’s House hearing on executive power, although I regret that I couldn’t find a more user-friendly format for you to watch. There’s no compilation clip; you’ll have to make do with the C-SPAN embed by fast-forwarding to the time cues I give you and being patient while the vid buffers (and buffers, and buffers).(Snip)That brings us to point two: Even if Congress can’t stop Obama, the courts can. The problem there, though, says Turley, is that O and the DOJ have argued successfully in many cases that no one has standing to sue him
A stunning new study unveiled on Fox News´ Hannity finds that President Barack Obama’s White House calendar records just one face-to-face meeting between Obama and his Health and Human Services (HHS) Secretary Kathleen Sebelius in the more than three-and-a-half years leading up to the disastrous Obamacare launch. The startling statistic comes from a new Government Accountability Institute (GAI) analysis of Obama’s own official White House calendar, as well as the Politico presidential calendar, and raises new questions about Obama’s executive leadership and management throughout the implementation of his singular legislative achievement. More alarming still, the president’s schedule lists 277 private
[Video] President Obama on Wednesday declared that addressing income inequality would be the focus of “all” of the White House’s efforts “for the rest of my presidency.” In a sweeping address that touched on raising the minimum wage, investing in infrastructure and ending tax breaks for the wealthy, Obama warned that the American economy has become “profoundly unequal,” declaring economic mobility the “challenge of our time.” “The combined trends of increasing inequality and decreasing mobility pose a fundamental threat to the American dream, our way of life, and what we stand for around the globe,” he said in an hour-long
Just over two weeks ago, MSNBC host Martin Bashir delivered a harsh piece of commentary that culminated in the suggestion that someone should “s-h-i-t” in former Alaska Governor Sarah Palin‘s (R-AK) mouth. Bashir offered an abject apology on his next broadcast, but a chorus of critics continued to demand action against the host. After a reported “vacation” for the host earlier this week, Bashir announced, Wednesday afternoon, that MSNBC and Martin Bashir are parting ways. Here’s the statement from Martin Bashir, via email: After making an on-air apology, I asked for permission to take some additional time out around the Thanksgiving holiday. Upon
Nineteen people stood behind President Obama on stage in the Executive Office Building Tuesday as the president kicked off a new campaign to promote Obamacare. One of those people, a young Florida woman named Monica Weeks, introduced Obama after telling the story of being struck with Crohn´s Disease at age 19 and receiving expensive treatments for several years that were covered by her parents´ health care plan — because Obamacare allowed her to remain on that plan until age 26. Now, Weeks said, she has coverage through a job. "The Affordable Care Act gives young adults who are just starting
Amid an array of “knock-out” attacks against a number of Jews in Brooklyn’s Crown Heights neighborhood, a city councilwoman pointed to the success of the Jewish community as triggering the aggression. Councilwoman-elect Laurie Cumbo emphasized that while she “admire[s] the Jewish community immensely” for its work ethic, black teens may see it differently. “While I personally regard this level of tenacity, I also recognize that for others, the accomplishments of the Jewish community triggers feelings of resentment, and a sense that Jewish success is not also their success,” Cumbo, who was recently elected, wrote in a letter. Chief among the issues
Continued global warming poses a risk of rapid, drastic changes in some human and natural systems, a scientific panel warned Tuesday, citing the possible collapse of polar sea ice, the potential for a mass extinction of plant and animal life and the threat of immense dead zones in the ocean. At the same time, some worst-case fears about climate change that have entered the popular imagination can be ruled out as unlikely, at least over the next century, the panel found. These include a sudden belch of methane from the ocean or the Arctic that would fry the planet, as
America is facing a wave of strikes by its fast-food workers on Thursday a day after Barack Obama warned that inequality in the USA had soared to the point that it now posed "a fundamental threat to the American dream". Low-paid workers in McDonalds, Kentucky Fried Chicken and other fast-food outlets in 100 cities across America were due to start rolling strikes to protest at the low level of America´s $7.25 (£4.45) federal minimum wage. The strikes are the latest part of a mushrooming publicity campaign for higher wages among those working so-called "McJobs", with fast-food restaurants seen as a
The world premiere of the “Ballad for Trayvon Martin for Orchestra and Jazz Quartet” is set for tonight. Princeton University’s director of its jazz-studies program composed the work in honor of the Florida teen. Anthony D. J. Branker told the Star-Ledger that the piece is intended to “be a form of healing” after Martin’s death and the controversial court case that followed it. The ballad, which will be performed by the university’s official orchestra and jazz ensemble, is intended to be a tribute to victims of racial violence, Branker explained. He hopes that the performance will be “one that speaks to
The president put in his ask to Disney CEO Bob Iger at a private meeting with entertainment moguls during his Nov. 26 visit to Jeffrey Katzenberg´s DreamWorks Animation. [snip] If you have any doubt as to how much of a sports junkie Barack Obama is, check in with the entertainment moguls who attended a private briefing with the president Nov. 26 before his speech at Jeffrey Katzenberg´s DreamWorks Animation campus in Glendale. At the end of the conversation -- which touched on a myriad of topics, from piracy to Iran -- Obama revealed what´s at the top of his bucket