To clarify, I currently own: >a house >6months food/water >multiple dozen guns >thousands of pounds of ammo >quality carbine with good optic, light, IR laser/illum >NOD (high end gen3) >gas mask, stack of good filters >plate carrier with hesco level 4s >20k in physical gold >10k in physical silver >20k in checking >26k in savings
Asking if I should fuck the savings account completely and buy 26k of PM because leafmoney will likely collapse soon
Yeah i would say fuck the savings account of hats what you have. Mirin'
Wyatt Hernandez
it's not silver though, right?
COMFY. In that case, go crazy fren
Nicholas Kelly
I would invest in miners though. Its a better return.
Jeremiah Gonzalez
Get a furnace and learn to smelt copper or silver scraps into bars. Have 10k at least if the goverment wants you to pay 5k for owning a house to distribute it to diversity or something cucked.
Michael Nguyen
sorry bro yngmi
Zachary Lewis
Also, nice loadout you got there. I think getting some solar panels, and learning some skills like smelting would help you in the long run which is why I suggested getting a furnace.
Cameron Brooks
>26k in savings Spend all that money right now in case hyperinflation happens tomorrow. I’d recommend investing a few thousand into a large garden or greenhouse (make sure you buy heirloom seeds and not the GMO Monsanto crap), 5-10K more in non-perishable food, and the rest in gold and silver P.S. It might be a good idea to have a well drilled so you’ll still have water once your supplies run out
Jaxon Hernandez
Potatoes unironically are an excellent choice for home gardening. Forgiving plant for the inexperienced and calorically extremely productive for the space used. Hardier or early maturing varieties should do fine in the habitable parts of Canada.
Yes potatoes are extremely tasty and based, in fact you could run into the problem of growing more than you can eat. Investing in a good canning set up and the knowledge of how to do it are also a good idea
Jaxon Gutierrez
Don’t do anything except trade your checking account for gold. You should round out your silver to a monster box and spend the rest on gold. It’s like you’re locking the money away so you cant spend it on bullshit. Do you have a job that lets you save?
Cameron Butler
To repeat what I said in the last thread:
"Read Alasdair Macleod's articles for GoldMoney, and listen to his interviews on Youtube about an imminent banking crisis. If you leave your money in the bank, you are in danger of losing it all. Either the banks will collapse, with everybody's money inside, or the subsequent bailouts will completely trash fiat currencies. Either way, a banking crisis will also cause all faith in mainstream institutions to be lost. As soon as it happens, the chance for a low entry-point into gold is gone."
"The central banks don’t know what to do anymore. They are just starting to print money and with the euro on a daily basis...
Europe is starting QE again with $20 billion a month, but that’s nothing compared to what is coming. . . . The panic that started with central banks in the summer in late July and August was, to me, the first step towards total chaos in the world that we will be seeing in the months and years to come. They (central bankers) see it clearly.
They know the banking system is absolutely on the verge of collapse. They know Deutsche Bank (DB) and CommerzBank, too, are down 95%. If you show this chart to a child and ask where is that likely to go, it is likely to go to zero. DB, with their $50 trillion in derivatives, there is no chance they will survive. Of course, Germany and the ECB is panicking because that will affect the whole banking system worldwide. This is why they have started to print money now because there is a massive liquidity problem, and that’s Germany, which is the best country in the EU from the point of economics. Then you take Italy, Spain, France and Greece and they are in a real mess.
This is why the whole system is on the verge of disappearing into a black hole... With the U.S., there is massive liquidity pressure there too.”
Nothing ever happens. Remember September comex default and how did that go? Silver will never go above 30 ever again.
Jason Stewart
>Investing in a good canning set up and the knowledge of how to do it are also a good idea
Yep got a big old 30 quart autoclave/pressure cooker, can process bigger and better than on the stovetop. Trying the "Irish" overwintering technique this year (basically just plant spuds a bit deeper and mulch over to keep from freezing) to avoid hassle and loss in storage over winter. Grew 7 varieties this year, potatoes are great but I ain't trading my silver for them. We gotta be resilient, prepared and productive this decade or we probably won't make it with our stacks intact.
Lucas Torres
there might be some truth to this, Buffett unloaded billions in bank stocks
its major for several reasons "if" Trump gets back in. The US government already put a bounty out of $20m and start up costs covered to any companies in North America that can discover and operate rare earth mines in the States, Mexico or Canada. We will have to see though if Biden wins mining will be in the gutter again.
Adam Ramirez
One thing I forgot to mention is to make sure your garden is covered by a roof or something similar, the coal fly ash that comes from chemtrails is specifically designed to wreak havoc on crops and your health
To clarify, because Pilpul is always about ensuring Jews have the last word
>Greatest economic miracle in history. >In 6 years Germans go from suicide, despair and prostitution to a car for every family, pride, good jobs, higher standard of living than the (((West))) summer holidays and working 8 hours a day >Key issue is ousting of Jews from all public life. Judea immediately declares worldwide war on Germany >Not so impressive because 'muh capitalist freedoms'.
For any anons new to Pilpul THIS is a prime example.
People like you were telling us that silver would never go above $20 again when the GSR dropped to 1:125. I can show you the posts if you like. That's when I was locking in my bars in a Swiss vault, and purchasing silver miners, some of which have since gone up 10x. I was also giving people here the same advice. When silver retraces from $40 or $50, you'll be telling us that it will never go above $40 or $50 again. There is no possible world in which silver doesn't soar. It is a mathematical certainty that it will. Our economy is so bad that it can only be propped up by printing trillions, and sending them directly into people's hands. Mean-while, bond yields are really negative, can never go positive again without crashing everything, and are every day dropping more and more from inflation. Stocks are overvalued rubbish on a historic level, and bought simply because people think that they will keep going up forever. Both bonds and stocks are little more than worthless paper with no intrinsic value at this point. That situation can _only_ worsen. Foreigners are dumping treasuries, and hoarding gold and commodities, as fast as they possibly can, because they see the writing on the wall. Bond market is $100 trillion, stock market is $60 trillion; when those bubbles collapse, all that currency will be chasing an utterly minuscule supply of silver ($2.5 billion per annum) as one of the few ways to protect itself from destruction. And this isn't even taking into consideration a banking crisis or a COMEX default, which are also certainties. Unless you think that that governments of the world will let stocks and real estate crash by 90%, and cut every social programme in existence, gold and silver can only go higher.
Buffett also bought Barrick Gold, whose mines have a heavy silver component, and various Japanese companies which have connections to silver. (Sumitomo owns the San Cristóbal mine in Bolivia, with 450 million ounces of silver.)
Jonathan Wright
>Greatest economic miracle in history.
"I can find no evidence to support a hope that our fiat paper money venture will fare better ultimately than such experiments in other lands. Because of our economic strength the paper money disease here may take many years to run its course. But we can be approaching the critical stage. When that day arrives, our political rulers will probably find that foreign war and ruthless regimentation is the cunning alternative to domestic strife. That was the way out for the paper-money economy of Hitler and others."
- Howard Buffett, 1948 Speech to Congress
"Nazi recovery appears less spectacular than was hitherto believed. Our results also indicate that government spending was dominated by war preparation already in a very early phase of the Nazi recovery. I find little justification for the popular interpretation that recovery was sparked off by non-military work-creation and the construction of the autobahn network. Investment in the autobahn reached sizable magnitudes only in 1936. All these projects pale in comparison with the rapid build-up of military expenditure, except for the year of 1933 when rearmament had not yet really begun. To secure the desired high speed of war preparation, the Nazi administration took early, often draconian steps to crowd out private demand. The growth in consumer spending fell short of the increase in national product, and the contribution of private investment to the recovery remained unimpressive. Strict control of private expenditure was partly achieved by maintaining taxation at the high levels reached during the depression years."
- Albrecht Ritschl, Deficit Spending in the Nazi Recovery, 1933-1938:
yeah not sure why there is any point at all in keeping cash on hand outside of what you need for basics. Maybe in a broker but outside of it being ready to dump into stonks at a moments notice no point. Id dump it into silver/gold
"Rising yields for US Treasuries will collapse the equity market and the market for corporate debt. These events will threaten any remaining foreign interest in the dollar and its capital markets even further. In short, the policy of inflating a financial asset bubble becomes impossible to sustain and its failure will take the dollar down with it as well.
This was why when John Law’s Mississippi bubble burst three hundred years ago, by October 1720 his currency, the livre, was worthless on the foreign exchanges. The collapse had started eleven months earlier, when Law accelerated the inflation of the livre to support a failing share price. The Fed embarked on a doppelganger acceleration of monetary inflation on 23 March for the whole US bond market. If we replicate the John Law experience, the dollar could become valueless in a matter of months.
It is becoming clear to a growing audience that in the absence of a change in inflationary policies, the days of an unbacked dollar are rapidly coming to an end, and it will take down the international fiat order upon which it is based."
