Ahh.. nothing quite like the smell of collapse in the morning. It gets the old appetite going and the juices flowing. Gold is at $1065 an ounce this morning, Wednesday, the 14th of October. The dollar is at about 75 and 1/2 cents this morning. Jim Sinclair says that 71 and a half cents is the line the dollar must cross before it finally collapses. I think that figure is just a point in a determined path downward. Got your Beans, Bullets, and Band-aids? Here at the homestead we are constantly working on that food level of preparedness. You can't enjoy the show if you are starving to death. And I need to get Popcorn. Damn. I always forget to tell the wife to get Popcorn. Can't watch the big show without Popcorn. The stores should be getting in their holiday supply any time. I think I will get two or three gallons of the stuff. She tried to get a non-electric percolator yesterday but she didn't have the money so we wait for that little addition. We will get it. Hermit Jim said to get one and I believe him.
Mayberry has a nice looking Fall garden put in. You can get to his site and see pictures of it. Mighty fine.
Raining and cold here in the Valley. Supposed to freeze this weekend. I believe it. This has got to be a record year for rain here in southern Indiana. If it ain't I don't want to experience the old standard.
It may pay you to watch the pension funds. I know, I know, they are reported to be losing money like water in a sieve. But there are still trillions of dollars in them and thus they will be a target for the cons of New York. The old drama had the villain stealing the old widow woman's life savings. That was where you were supposed to hiss at the movie. But now days the cons in the banking world and the stock brokerages are going to steal a horrendous amount of life savings from old widows and just older folks in general. At the first the kids will move back in with Pa and Ma but then Ma and Pa will run out of money they will find themselves between a rock and a hard place. If the homestead is paid for they will have a home for a while. If it isn't paid for then they can share an overpass out on the freeway. And hey, I didn't do it to them. Quite the opposite. I have implored people to get out of town on some kind of land they can afford and start prepping like crazy. All that stuff you needed was still cheap and plentiful. But it ain't gonna be cheap and plentiful for long. Prices are going to go up. The dollar is going down the drain, if you haven't been paying attention. I am not a rich man with tons of gold and hundreds of thousands of acres and I can do nothing for them. They will have to suffer the results of their own fantasies.
The DJIA closed at $10,015 today, the first time in just over a year it has exceeded 10,000. There will be Champagne drinking in Manhattan tonight. Let them drink it. It is almost over for those bastards. A couple more weeks, maybe three. When this crash comes, it is going to shake the world. Not just the USA but the WORLD. Get on You Tube and look up Gerald Celente and listen to a trends analysis for 2009. It is amazing. And this guy is supposed to be the best in the business. Stay alive.