Saturday, November 28, 2009

GOLD, BANKS, AND LAND

It's getting to look like cold weather. Below freezing here at the homestead. Not much below but enough to get you in the mood to get back inside to the warmth of the house. I'll be ready to go again next May.

I have been thinking about gold. Gold is a mirror. It reflects what is going on around it. You gotta understand that gold does not have calves or lambs or piglets. It produces nothing. And gold pays no dividends. It just sits there, a lump of elementary yellow metal that has little or nothing to do. But the price of the yellow metal keeps going higher and higher. Some of the wise guys in the commodity market say it could get into some big time numbers pretty soon. My friend Charles Bell said they were carrying gold short sellers out on stretchers last Wednesday from the market. This is not a good time to be shorting gold. You can get a margin call in a very short period of time. For those of you with investment money, I would buy gold and hold it for a while. Actually, if you have your preps are complete to most existing standards, I would advise buying it and never selling it. Same goes for silver. Why sell? All you will get is worthless FRN's so why would you sell? Buy and bury is my motto. And buy off of businesses that allow you to make anonymous purchases. Don't let the fedgov know you have it. You never can tell when those bastards will come confiscating. And they have done it before.

The FDIC is broke and the fedgov will be looking to have a bank holiday pretty soon. I told a young lady that my daughter, a recently admitted-to-the-bar lawyer, could not find a job. The young lady in question said it would get better because the Obama administration was going to hire 22 or 23 thousand lawyers after the first of the year. Now you might ask what the fedgov will be needing with all these thousands of new lawyers on the pay role. And all I could say to you is that they must be going to sue a lot of people. But then you will ask me why and I must say I don't know. I would say that it looks like we are going to hell in a rocket ship. Ain't going to be a long ride. I think it will be a quick ride down. If the prediction of the banks declaring a holiday are accurate then the Shit is Hitting the Fan.

I'm thinking how nice it would be if we could all have a couple hundred acres in nice secluded valleys somewhere with a hundred acres in forest and a hundred acres in farmable fields. Nice wood stoves. Plenty of good water. Abundant game and maybe some fish. Huge pantries with an abundance of long term storage food. Satellite Internet and the money to pay for it. Good friends and family around for help and companionship. Jim Sinclair is advocating taking ownership of farm land and I think he may have something there. Being able to grow food in a secure environment is a blessed thing. And our economy after the collapse could very well be based on calories. Food will be a very nice thing. Being able to eat every day will be a greatly envied lifestyle. Envied so much that people will risk life and limb to take it from you. And that is a gloomy prediction but I have told everyone to gather up their families and clans and join together for security and labor resource.

Your farmland or retreat or settlement or what ever you call it will need defensive planning. It may not be time to go on the offensive but it ain't never too early to get defensive. Figure out where the enemy or raiders or local malcontents or just stupid people will be coming from and set up your guards accordingly. Never give a sucker an even break. They will shoot you and take your food, to say the least. You have precious lives to protect and you may as well get to it with gusto. The stupid people are out there in droves but the good guys are fairly limited in numbers. Protect the good guys. And stay alive.

Michael

mboone@rtccom.net

5 comments:

Chief Instructor said...

We've recently increased our moderate gold and silver stashes, as well as our cash-at-home reserves.

The FDIC just came out and openly told the world that they were broke, but the MSM barley batted an eye. The only place you saw it was on blogs. Stunning.

The financial shows this morning on Fox and CNBC are screaming, "dollar collapse coming!" but again, no one in the MSM is listening or reporting this.

The sheeple are going to be seriously caught off guard if/when draconian government financial measures are taken.

Pete Smith said...

I feel the collapse coming very soon. I have been selling some of my silver to buy more food, ammo and other supplies. I still have some silver, but now I have 6 more months of food and that makes me feel even better that having the silver. I just placed a order for more seeds I just hope they get here fast. My friends stand ready and as Michael has said,"get defensive"


Pete

hotdogjam said...

I stopped buying PMs because they're so highly priced right now. It seems like they may be at the top and ready for a down tick. Who knows. I'm just holding off till they fall a bit. Buy when others are selling and sell when others are buying. 'Markets don't zig and zig. Markets zig and zag.' Greg Jeffers (I think.)

Abraham

vlad said...

http://www.texas-on-line.com/gun.html
Texas gun law
excerpt

SECTION 1. Section 46.02, Penal Code, is amended by
amending Subsection (a) and adding Subsections (a-1) and (a-2) to
read as follows:
(a) A person commits an offense if the person [he]
intentionally, knowingly, or recklessly carries on or about his or
her person a handgun, illegal knife, or club if the person is not:
(1) on the person's own premises or premises under the
person's control; or
(2) inside of or directly en route to a motor vehicle
that is owned by the person or under the person's control.
(a-1) A person commits an offense if the person
intentionally, knowingly, or recklessly carries on or about his or
her person a handgun in a motor vehicle that is owned by the person
or under the person's control at any time in which:
(1) the handgun is in plain view; or
(2) the person is:
(A) engaged in criminal activity, other than a
Class C misdemeanor that is a violation of a law or ordinance
regulating traffic;
(B) prohibited by law from possessing a firearm;
or
(C) a member of a criminal street gang, as
defined by Section 71.01.
(a-2) For purposes of this section, "premises" includes
real property and a recreational vehicle that is being used as
living quarters, regardless of whether that use is temporary or
permanent. In this subsection, "recreational vehicle" means a motor
vehicle primarily designed as temporary living quarters or a
vehicle that contains temporary living quarters and is designed to
be towed by a motor vehicle. The term includes a travel trailer,
camping trailer, truck camper, motor home, and horse trailer with
living quarters.

Mayberry said...

Continuing on down the beans bandaids and bullets road myself. It's coming...