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Survival and Preparations Long and short term survival and 'prepping'. |
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#4001
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"Something" may be the little common sense left floating around in our DNA. |
#4002
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There was a time in this country when people understood those type of very basic facts. But post "for all intents and purposes" again and I am sure some of the sheeple will buy it...
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#4003
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Everyone understands that. we are all way past that. For some reason, you are behind, stuck on that. Thinking people don't believe. We all agree 30 doesn't equal 36. If you're still stuck on that, I don't have much faith you can catch up. In a last ditch attempt: You weren't making a bet. If people made a move based on his advice, they would have come out on top rather than listening to you say it wouldn't happen. Not sure what else you think this is about. |
#4004
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Considering it wasn't some solid bet. |
#4005
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How'd my night go? Got up at 12:15 am, headed out at 1:00 am, set up did a little pressure washing then moved location to a shopping center and picked up some trash. Home by 4:30 truck all unloaded. We "found" some money again, $700 billing. Life is Good... |
#4006
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Not sure what else you think this is about.
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#4007
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In all seriousness, I'm hoping that therealnickb's claims in the top post above were all tongue-in-cheek. If not, wowsers... what did I miss? |
#4008
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He just doesn't understand why Time Warner won't take EBT for cable. |
#4009
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I've asked him several times to knock it off. He thinks he's moving the gold market with this thread. Whacko...... I applaud the dude for working at a job most folks wouldn't do. But if he knew a tiny fraction of what he claimed, would he be cleaning parking lots at 2am for $700? I don't think so. |
#4010
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Case closed.
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#4011
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#4013
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I've been nothing but honest here. You? Not so much. Knock it off.
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#4014
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Stop. Feeding. The. Troll. (either a troll or mentally ill, and I am inclined to believe the latter given the "guru's" posts and tendency to refer to himself in the third person.) About 40 pages back he said he would be leaving soon not to return. Unfortunately, he has not followed through on his statement. If you stop feeding him, he will find another people in another forum to lure into his train wreck. Leave it alone. He is a kook. He will be waiting for the end until his end but the world is going to keep on functioning much like it has in the last 100 years; no apocalypse for him)
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Expert firearms attorney: https://www.rwslaw.com/team/adam-j-richards/ Check out https://www.firearmsunknown.com/. Support a good calgunner local to San Diego. |
#4015
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You keep bringing up his past. I never said anything about his past stuff, just saying he was right this time. And you can't grab it. And I never said someone should follow his advice now, before, or later. I'm just saying if they did this time, they would have made money. If they listened to you, they would have lost money. And you can't acknowledge he was right this time. You keep saying he was wrong before. Just because he was wrong before doesn't mean he is wrong now when right. |
#4016
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Someone here sure doesn't get it. Feel free to stop trying to convince me 30=36. Or any other number. Wrong before and wrong this time. Seems simple and clear. SMH.
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Last edited by keenkeen; 03-11-2016 at 1:12 PM.. |
#4017
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#4018
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In the interest of "breaking the logjam" , let me throw this out there:
Japan and part of the EU has now gone NIRP. Some (perhaps "many"?) expect the U.S. to go NIRP sometime in the not-too-distant-future. It appears likely that Deutsche Bank may blow up/meltdown in some manner (and is note-worthily reported to be holding the most derivatives out of any of the TBTF banks). And... lots more negative economic indicators abound, but the average American doesn't seem to have noticed any of them yet. Anyone care to make any short-term, medium-term, or long-term guesses / prognostications regarding where PM prices are heading? Do you think it's a good time to buy? Or a "wait and it'll drop lower" sort-of-time? |
#4019
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Being wrong is being wrong. I guess for some in the days of 2+2="whatever you feel it is" that concept is "a non existent notion". For me it is not. Let's agree to disagree.
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#4020
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I would like to hear your reasoning behind this statement.
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#4021
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Just took a position in Dust $7.34 for a couple of reasons.
Had a nice run in both physical and miners. This can work as a hedge of my physical if we get a pullback next week with the Chicoms showing back up in the market after dancing with the Monkey. I don't trust anyone at this point in these crazy markets. |
#4022
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That said, it's no secret that Deutsche isn't doing well. Last quarter (IIRC) they had to scrap their dividend entirely and ended up losing something like 9B euros in the same quarter. Also, didn't they fail some "bank stress tests" (that are supposedly REALLY hard to fail) this last year? IIRC, they also have significant Greek exposure and were subject to a credit rating reduction over this last year or so. AND didn't they have to raise some significant capital through offerings more than once in the last couple years (which leads me to think they'll have trouble floating another offering in the current markets in order to raise any significant amount of liquidity)? There's also the alleged "corporate culture problems" that have been floating around for a while (ref. http://zerohedge.blogspot.com/2009/0...n-of-risk.html) and I find it unlikely that management has reigned itself in since the 2008 debacle. Then there's the "common sense" approach/factor that any bank operating in a NIRP environment that is applied to consumer deposits is likely to LOSE significant amounts of liquidity through cash withdrawals. Of course, those are just based upon what I can remember, and my memory is imperfect. I personally suspect that Deutsche Bank hasn't been "healthy" for quite some time. I know many folks here aren't fond of ZeroHedge, but check out some recent articles regarding Deutsche for more information and speculation: http://www.zerohedge.com/category/tags/deutsche-bank. This article appears especially disturbing: http://www.zerohedge.com/news/2016-0...-its-own-words All that said, I HOPE that I'm totally wrong about this and Deutsche is either doing well or gets bailed out silently and at no cost to Americans. Deutsche Bank is WAY too heavy into derivatives... I wouldn't even want to guess which other banks and financial firms would be hurt/brought down by any significant blow-up at Deutsche. I do suspect that we're in for a bit of a wild financial ride ahead (if something happens with Deutsche Bank I would view it more as a symptom than a cause of a larger financial crisis), BUT I HOPE I'm wrong about that and that the economy as a whole improves. In either case, I'd love to learn some "inside info" as to when any upcoming "good deals" on physical PMs might be offered. I can't see any reason not to purchase some (other than the fact that they aren't cheap ). I'd just like to get the most PMs for my FRNs. |
#4023
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Its a good time in light of the oil instability situation. To get into PM's since paper money has no intrinsic value...
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God so loved the world He gave His only Son... Believe in Him and have everlasting life. John 3:16 NRA,,, Lifer United Air Epic Fail Video ... https://www.youtube.com/watch?v=u99Q7pNAjvg |
#4024
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#4026
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As for PMs, I think they are at about 6 month highs right now...about the time most people start saying things like: "I can't see any reason not to purchase some...". If they are a such a great bargain now why didn't people buy the when they where 10-15% (or more) cheaper? No easy answers to that, other than "human nature".
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#4028
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To Da Moon ! |
#4029
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Day late and several hundy short. You have no one to blame but yourself. That's why DCA is great and pooh pooh the goof ball neigh sayers. |
#4031
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[IMG][/IMG] |
#4032
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And she thinks you're an xxx [IMG][/IMG] Last edited by sixoclockhold; 02-10-2016 at 6:34 PM.. Reason: Technically U R |
#4034
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10k gold here we come.... the cards are falling.
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#4035
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It would appear everyone has had enough of the manipulation and the metals will shine again !
Negative interest, come on, the world financial system is blowing up and people are acting like this is normal. This puppy (stawk market) is going to ZERO and bonds are going to EXPLODE ! I'm sure people here said $3 barrel oil Fuky? You're Crazy ! Yep, like a Fox. https://www.superstation95.com/index.php/world/875 ""Stunning!" Ten Percent of London Metals Exchange (LME) Members QUIT Today! " |
#4036
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Recap: Between 3/4's-1 oz. of Gold for every person on this planet. It is the ultimate MONEY, maybe the only money soon. Do you have yours?
Can Gold go to $25,000 an oz.? Sure it can, if it is used to cover only a portion of our debt. Can supplies run low or be gone quickly? Yep, bank on it. There are a huge number of shorts in the market with all the negativity in Gold the last few years. The Comex is empty of Gold, Central banks are net purchasers now. Everyone and their brother hedged Gold. These bets will now reverse. China and India are max buyers. What happens if the US wealth is plowed into Gold? I don't believe this time the physical is available. We could see huge upward swings in the price should people chase the Golden opportunity. $1,300 Gold could happen in hours, days or weeks. Once the rush is on, who will sell knowing the price is skyrocketing? Nobody ! We may see $1,900 in short order. I think Silver comes for the ride but hits my prediction of 100 to 1 Gold. The world hedged their currencies while the dollar rose. Now it's our turn? |
#4037
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Although this thread is utterly wrecked by the trolls fighting each other, I'll add to the noise. I went 65% cash, 20%bonds, rest in equities in early January... for me, it was a bold move as I've been a long term buy and hold investor for 30 years. But, the data could not be ignored.. it was bad, and is bad. There is no will to fix fiscal policy, the Fed is completely out of tools for monetary policy, corporate earnings are down, wages are down, and jobs are only up because of the rise of crappy low paying part time jobs. I've picked up a little PM over the last couple weeks but still only about 1% of my net worth so far... I may go up to 3% or so, but I really would prefer to remain in cash. The dollar drop is going to push PM's higher, as is the general capitulation that its about the only safe haven. I've paid very close attention to all the talking heads since early January and its been fascinating to see the shift. Initially, the bubble vision types held strong, telling everyone not to sell... then they started talking about why its good to have some cash around, to buy the dips. Then they started admitting corporate earnings aren't coming in, and growth appears to be slowing down. Then they started to say the dreaded "R" word...recession... suggesting its still highly unlikely, but possible. Next they admitted PM's are good to have, but only 5% of your portfolio... and that brings us to today.
I'm very happy I made the move to cash when I did, and I have no desire to come back into this market. I believe the Fed will have to cut the rate back, and float QE4... the economy is WEAK, and its not because of China. Good luck to all, I'm on the sidelines.
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#4038
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As much as I don't WANT to think it, I'm concerned we're watching a slow-motion train collision. We know it's going to happen even before it does because we can see two trains on the same track heading (SLOWLY) toward each other, we just don't know when it will happen (and there doesn't seem to be anyone to stop either of the trains before they do crash) or just how bad it will be when they do crash (although we doubt it'll be anything less than frightening to watch). I devour news and have done so for many years. That said, I'm very much aware that some of the "experts" with pretty decent track records have predicted (some 7 years ago, even) that this mess would occur, PMs would spike, and then as commodity deflation kicks in (assuming the PM paper fixes are still functioning) that PM prices would actually deflate significantly for a short while before taking back off into high inflation or hyperinflation. Does anyone else here share that same suspicion? If such an event occurs and physical PMs are readily available for purchase, that would seem to be the ideal time to buy. Or am I too out in left field for everyone here? Last edited by Not a Cook; 02-10-2016 at 9:33 PM.. |
#4039
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Are you watching the movie or reacting on it? Please show me an expert that years ago predicted anything but inflation with the excessive printing. This toilet bowl swirl of deflation is an effect that nobody counted on. Even Gold Bugs didn't really believe $50,000 Gold but you know what now? To Da Moon !!! |
#4040
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