Hmac
February 21, 2020, 3:29pm
21
Mick_Boon:
That’s what silver is for, it’s golds partner.
If the COVID -19 virus were to gain a hold, how are you going to steal anything without risk of becoming a victim yourself ?
Do you really believe preppers are not going to be fully prepared and able to protect themselves ?
COVID-19 isn’t going to gain a hold, so it’s a moot question.
It’s gaining a hold right now, and at an unprecedented rate.
Hmac
February 21, 2020, 3:37pm
23
In the US? I don’t think so.
COVID-19, lets put it in perspective as of right now, meaning today.
More people worldwide will die of the regular flu.
None of the other illnesses that so far have seen their genesis in China have become the end of the world.
If we look worldwide many, many more countries have no victims than have victims.
Logic tells us in about 2 months at most with the change of weather, it should die out.
The stage in Vegas for the debate is much more dangerous to the future of the world than COVID-19. So let me name the stage Marx-20, the most dangerous current threat to the world.
yoni:
COVID-19, lets put it in perspective as of right now, meaning today.
More people worldwide will die of the regular flu.
None of the other illnesses that so far have seen their genesis in China have become the end of the world.
If we look worldwide many, many more countries have no victims than have victims.
Logic tells us in about 2 months at most with the change of weather, it should die out.
The stage in Vegas for the debate is much more dangerous to the future of the world than COVID-19. So let me name the stage Marx-20, the most dangerous current threat to the world.
We don’t know how many people will die, it’s a new disease.
No diseases anywhere in the history of mankind have been the end of the world
If we look world wide we don’t know who is infected and who is not.
Logic tells us that in the next two months somewhere in the world the weather will be perfect for the disease.
There are no doubt more dangerous diseases, but that does not mean this one is not a threat.
Hmac
February 21, 2020, 5:34pm
27
Mick_Boon:
World wide.
Why would I buy groceries or ammunition to prepare for a disease that has a negligible presence in the country where I live?
Because those are things you would need regardless of any disease. Why gamble when you don’t need to ?
Hmac
February 21, 2020, 6:47pm
29
Or…why prep for SHTF when you don’t need to?
Because it costs nothing to prepare. Nobody knows what will happen in the future.
RetroRevolver77:
The reason people who sell gold, tell you to buy gold- is to keep the international banks going during the difficult times that the banks create. The banks will take your gold and give you pieces of paper on deposit in exchange for that gold- all while charging a small fee for doing so. Eventually you won’t be able to redeem the pieces of paper for gold because the banks have already taken all the gold out of their vaults to melt down into more coins- to sell to more of the unsuspecting public. Once all the gold deposited in the banks is distributed the government will demand you return all gold currency to them in exchange for more pieces of paper “backed by the full faith and credit of the government”. Eventually with inflation, fees paid to print the paper IOU certificates known as “cash” along with kickbacks to government cronies, bribes to the poor in exchange for voting for more government- the certificates themselves or “cash” become worthless while the government goes broke under a mountain of debt. When this happens they usually do something drastic like start a big war or spread some disease around like small pox, tuberculosis, or coronavirus. In the chaos everyone thinks the government went broke trying to fight whatever national level calamity is going on but in reality- they just need to reset their account ledgers. Now the key here is to recognize one of these cycles in it’s early stages and leave for a while- like my great grandfather did when he decided to spend a few years subsistence hunting in Africa because “it takes a long time to eat an elephant”. Then just return eventually once things settle down so you can then begin depositing your gold back into the local international bank in exchange for more “cash” certificates. Failing to leave during these times usually means ending up flat broke, eating your pets, or worse- being eaten by the neighbors. It’s the natural economic cycle.
If you can’t hold it you don’t own it. Get physical gold.
I think some of the worse melt downs in society, shows the wisdom of being prepared.
But let me be totally blunt, if you are in an urban environment including the suburbs and you have things and your neighbors don’t. They will gang together and take it from you.
Hmac:
Hmmm…gonna buy a loaf of bread with a gold coin? How are you going to get change? I think you’re far better off with silver. Or ammunition. In the looming COVID-19 apocalypse, or any of the other imminent apocalypses, I think ammunition will be the new commodity.
I know you are joking/trolling about various upcoming apocalypse scenarios, but there is truth in your recommendation that the goldbugs seem to miss.
Especially about relative units (value of gold vs that of toilet paper, gallon of gas, etc).
I view ammo as a good hedge. Will maintain its value and it also has utility if nothing happens.
I have a bunch of german 7.62x51 that I wish I had bought 5x what I did. I expect ammo to go up with inflation or higher depending on demand, so its not going 5o get cheaper.
pinzgauer:
I know you are joking/trolling about various upcoming apocalypse scenarios, but there is truth in your recommendation that the goldbugs seem to miss.
Especially about relative units (value of gold vs that of toilet paper, gallon of gas, etc).
I view ammo as a good hedge. Will maintain its value and it also has utility if nothing happens.
I have a bunch of german 7.62x51 that I wish I had bought 5x what I did. I expect ammo to go up with inflation or higher depending on demand, so its not going 5o get cheaper.
Gold has absolutely no value in shtf situations… I don’t think any other goldbugs think it does either.
Hmac
February 22, 2020, 2:11pm
40
pinzgauer:
I know you are joking/trolling about various upcoming apocalypse scenarios, but there is truth in your recommendation that the goldbugs seem to miss.
Especially about relative units (value of gold vs that of toilet paper, gallon of gas, etc).
I view ammo as a good hedge. Will maintain its value and it also has utility if nothing happens.
Quite right. I’m not a “prepper” and not a believer in looming apocalypses. But if we ever did enter some kind of lawlessness era, or even short-term societal hiccup, “relative value” becomes more important than absolute value. You can’t eat or shoot gold, but toilet paper, ammunition, and coffee will certainly be important components of even a collapsed society.
