[GHung]

$this->bbcode_second_pass_quote('KaiserJeep', 'O')K, but YOU are betting that post-crash gold has value beyond fishing weights and jewelry, are you not?

[aspera]

Ghung: "...good neighbors"

Yes. That's why among other everyday behaviors we promote "well fed neighbors." Frightening to think of the alternative.

[Cog]

A 24,000 on the DOW has not completely destroyed the doomer segment, in fact it has made them more frantic with their doomeristic predictions.

[KaiserJeep]

So I'm interpreting what you say to mean that you believe that gold will have value beyond the approximately $30/lb in barter equivalent I would be willing to trade you for it, only if I wanted to cast bullets or fishing weights.

As I believe that BAU will persist for 2-10 decades, my own priorities are to establish two family homesteads that each are relatively independant, on the island of Nantucket and in Wisconsin's dairyland area. But I'm not of the opinion that each homestead must be totally independant either. I believe that completely independant homesteads will perish relatively soon. I believe they are too burdensome in terms of labor and required materials to persist beyond a year or two of intense misery. As a member of a viable and vital community of a few dozen to a few thousand people, you have a much better chance of living many more years. So in-person social networking with your neighbors and relative strangers in the community will be required.

[GHung]

$this->bbcode_second_pass_quote('', 'K')J said; "But I'm not of the opinion that each homestead must be totally independant either. I believe that completely independant homesteads will perish relatively soon. I believe they are too burdensome in terms of labor and required materials to persist beyond a year or two of intense misery. As a member of a viable and vital community of a few dozen to a few thousand people, you have a much better chance of living many more years."

[Cog]

Before you do any lathe work hippie, put that pony-tail up in a hair net. I'd hate to see you scalped.

[Cog]

I'm seen industrial accidents before chief. The vision of your pony-tail being wrapped around a lathe might bring some people joy but it does not me. I might want to buy some dope from you when I get old so I need you around after the crash.

[vtsnowedin]

KJ I think you are a bridge too far thinking that gold and silver will only be good for fish weights. There value will always be set by what the seller of goods and services will trade for a given amount of it. In Roman times it was a certain number of loves of bread for an ounce of gold. It is not that the seller can eat or otherwise use the gold himself but that down the road he can again trade the gold for something he needs.
Back to the Romans , they often paid their soldiers in salt which was needed to cure and preserve food. Hence the expression about a good worker being "worth his salt."
Post peak oil and government collapse I expect we will use a number of things in trade including old silver coins and rifle ammunition. How many 223s will you give me for a 100 rounds of 22LR or a bushel of potatoes?

[KaiserJeep]

I'm simply saying what those metals are worth to ME. I also allow that the wife likes to adorn herself with gold and silver jewelry, which causes me to pay the going rate, especially at Christmas gift time. But when we move to a barter economy, I actually believe that some form of digital currency will be used. The secure online marketplace is where value and wealth lies today, and not in useless ingots and coins, which can be stolen and must always be hidden and guarded.

[vtsnowedin]

$this->bbcode_second_pass_quote('KaiserJeep', 'I')'m simply saying what those metals are worth to ME. I also allow that the wife likes to adorn herself with gold and silver jewelry, which causes me to pay the going rate, especially at Christmas gift time. But when we move to a barter economy, I actually believe that some form of digital currency will be used. The secure online marketplace is where value and wealth lies today, and not in useless ingots and coins, which can be stolen and must always be hidden and guarded.

[KaiserJeep]

$this->bbcode_second_pass_quote('vtsnowedin', '-')snip-
A "secure online marketplace" is an oxymoron.

[vtsnowedin]

$this->bbcode_second_pass_quote('KaiserJeep', '')$this->bbcode_second_pass_quote('vtsnowedin', '-')snip-
A "secure online marketplace" is an oxymoron.

[AdamB]

$this->bbcode_second_pass_quote('', ' ')
When it comes to the story we're being told about America's rosy oil prospects, we're being swindled. At its core, the swindle is this: The shale industry's oil production forecasts are vastly overstated. Swindle: Noun - A fraudulent scheme or action. And the swindle is not just affecting the US. It's badly distorted everything from current geopolitics to future oil forecasts. The false conclusions the world is drawing as a result of the self-deception and outright lies we're being told is putting our future prosperity in major jeopardy. Policy makers and ordinary citizens alike have been misled, and everyone -- everyone -- is unprepared for the inevitable and massive coming oil price shock. An Oil Price Spike Would Burst The 'Everything Bubble' Our thesis at Peak Prosperity is that the world’s equity and bond markets are enormous financial bubbles in search of a pin. Sadly, history shows

[Revi]

$this->bbcode_second_pass_quote('', '
')And with what fuel will the online stores deliver their products to you? I think you will end up walking to the nearest B&M store that sits next to a rail line to pick up your order you had sent by rail to them with an online order. Perhaps instead of UPS coming by every day with one package for widely scattered houses It will come once a week with every house on the route getting a weeks worth of deliveries.
Gas is cheap today and we do things based on that fact. When the facts change we will switch to what works with the new facts.

[Ibon]

$this->bbcode_second_pass_quote('vtsnowedin', 'I') think you will end up walking to the nearest B&M store that sits next to a rail line to pick up your order you had sent by rail to them with an online order.

[GHung]

.... or maybe