[Outcast_Searcher]

$this->bbcode_second_pass_quote('vtsnowedin', '
')And with what fuel will the online stores deliver their products to you?

[Outcast_Searcher]

I don't see how Chris Martenson is different from any of the other Cassandras.

Well, he doesn't want to give specific timeframes -- since he wants you to pay him to read his stuff. Which makes him even more useless.

But of course, since he says what the doomers want to hear, he's a hero.

https://www.huffingtonpost.com/chris-ma ... 47403.html

How many decades must doomers follow bad advice before they stop considering bad advice a good thing?

[KaiserJeep]

Martenson is a huckster for precious metals, and has been for years. PMs are currency, a symbol for value. To me, there is nothing that inherently makes PMs superior to pieces of paper with green ink pictures of dead presidents on them. Both are symbols for real value. Perhaps the PM coins and bars retain value for a few days longer than printed currency, a delusion created by the hucksters, but after a week or so, all currency value symbols are equally worthless. Any other interpretation would be unbearably optimistic. For example, if my food supply was insufficient to satisfy my appetites, I'll trade for other food or other necessities of life, but no form of currency, because symbols for value don't provide any nourishment.

Perhaps you feel differently. Good luck with that.

[onlooker]

Well in this Kaiser, you and I totally agree. Hooray. I would add
something that should be obvious but needs repeating: Materially everything that could be of value to us is derived ultimately from our host planet. Our species has acted with wanton disregard to this axiom. Someone said that the prime ultimate was human intellect. This is a fatal hubris

[Tanada]

$this->bbcode_second_pass_quote('Ibon', '')$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.

[Ibon]

$this->bbcode_second_pass_quote('Tanada', '')$this->bbcode_second_pass_quote('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.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('', 'I')f oil gets to something like $20 on a sustained basis, the fuel will be predominantly green electricity.

[GHung]

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('', 'I')f oil gets to something like $20 on a sustained basis, the fuel will be predominantly green electricity.

[rayo]

$this->bbcode_second_pass_quote('KaiserJeep', 'M')artenson is a huckster for precious metals, and has been for years. PMs are currency, a symbol for value. To me, there is nothing that inherently makes PMs superior to pieces of paper with green ink pictures of dead presidents on them. Both are symbols for real value. Perhaps the PM coins and bars retain value for a few days longer than printed currency, a delusion created by the hucksters, but after a week or so, all currency value symbols are equally worthless. Any other interpretation would be unbearably optimistic. For example, if my food supply was insufficient to satisfy my appetites, I'll trade for other food or other necessities of life, but no form of currency, because symbols for value don't provide any nourishment.

Perhaps you feel differently. Good luck with that.

[Pops]

I've always been averse to PMs, money is a confidence game, literally. Unless the coin of the realm is in the process of inflating away it will always be what the proles look to. I'm not talking few percent inflation, 10's and 100's percent.

All the fanfiction scenarios about FRNs becoming worthless the day after armageddon presume that everyone left is a survivalist, they won't be.

The main problem I imagine with precious metals is you buy at retail and sell at wholesale. Go right now to whatever website and look at the buying and selling prices, be sure to include all commissions, shipping, taxes? and whatever. 50 years from now that might have been a good idea (if the society is prospering) but not next month or year.

And that is in the age of the internet, in some bad situation you might need to walk up to someone and announce you have some gold to trade. Be sure to wear the shirt with the big bullseye on the back.

My thought is the kid next door is pretty unlikely to trade you his 10-speed for a rock, shiny or not. But 8 or 10 $20 bills? One thing is sure, it's very likely that he tells everyone of his friends that his nextdoor neighbor has a buttload of gold.

If a person has unlimited funds then why not have a few tons of gold too? But short of that, in some armageddon scenario I think land, tools, skills are the only reliable investment.

[vtsnowedin]

$this->bbcode_second_pass_quote('Pops', '
')If a person has unlimited funds then why not have a few tons of gold too? But short of that, in some armageddon scenario I think land, tools, skills are the only reliable investment.

[Newfie]

^+1

[theluckycountry]

$this->bbcode_second_pass_quote('rayo', '
')
PMs used to make me uncomfortable. They "can't be eaten" as it's usually put. However upon further inspection, they start making sense.

[vtsnowedin]

Gold is not a direct currency today as you can't fill up your car or buy your groceries with it. But you can sell it for cash then go buy what you need with the dealers in gold giving you a haircut coming and going.
A little pot of gold weighing ten pounds is about a quarter million USD today and will fit nicely in the back corner of your gun safe. But everybody including the government will always be trying to steal it so it has it's hazards.

[theluckycountry]

Oh yes, you have to be careful owning it, and it's true purpose is not to use as cash, it is to provide for you if all else fails. I have never considered selling any gold, the gold gurus suggest likewise, it's a hedge, a hedge against insane monetary policy they say. There is a lovely example of an American who went to Germany in the 1920's during the height of the inflation there, he gave a $20 gold coin to the local deli owner and ate well for 3 months on it. Gold has it's uses.

[noobtube]

I never understood the "you can't eat it" angle either. You can't eat clothes, shelter, or transportation either. In fact, most things people use today can't be eaten. So, what was the point of saying gold can't be eaten?

Looking at the old posts, before the Lockdown, you see the smugness and arrogance of those who thought they knew it all and had all the answers. Peak Oil isn't real. Gold is just a shiny rock. Preparations are a waste of time.

While they refused to listen, refused to prepare, refused to cooperate, others spent the time getting ready for the world we are in today.

One actually posted a Chris Martenson article from 2011 that gave lots of good advice, as if it typical nonsense. What does the Bible say, Don't throw your pearls before swine.

Turkey is asking it's citizens to turn in all their gold jewelry to the government so it can be melted into gold bullion.

China doesn't sell any of its mined gold to outsiders. Russia has been stockpiling gold for years. And, guess who is telling the United States what to do regarding the 'new' International order for the 21st century.

The United States can be stupid about gold because they have weak countries on their border and they have the world reserve currency. So, all the inflation can be exported around the world. But, for countries that the United States cannot bully anymore, the dollar's days are numbered.

Gold never went away. The dollar just gave it a little vacation. Now, it is time for the United States to get back to work and gold makes that happen.

Gold and silver are money. Everything else is just credit.

[vtsnowedin]

In a post apocalypse world your top three needs or priorities are: food, water, and shelter, with clothing suitable for the climate being a subset of shelter.
If you have gold but no food you have to find someone that would swap the food he needs himself for gold he can't eat. You are not going to find many takers.
Next on the list for you and those around you is personnel defense so you might be able to swap a few rounds of ammunition for some food if the other guy has a surplus and needs the ammo for both protection and a means of harvesting more food.
I expect 30-30 ammo to be the currency of a post apocalyptic world with 22LR being the small change.

[AdamB]

$this->bbcode_second_pass_quote('noobtube', '
')Looking at the old posts, before the Lockdown, you see the smugness and arrogance of those who thought they knew it all and had all the answers.

[AdamB]

$this->bbcode_second_pass_quote('vtsnowedin', '
') I expect 30-30 ammo to be the currency of a post apocalyptic world with 22LR being the small change.

[theluckycountry]

$this->bbcode_second_pass_quote('noobtube', 'I') never understood the "you can't eat it" angle either.... what was the point of saying gold can't be eaten?