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Norman Church's Doomer Manifesto

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Norman Church's Doomer Manifesto

Unread postby Zardoz » Mon 17 Jul 2006, 20:22:54

Been feeling pretty good lately? This'll cure that:

Thinking The Unthinkable

I'd say he's pretty much spot on. I like what he said about how worthless "precious metals" will become.

What do you think?

(I do wish somebody had proof-read it for him, though, and fixed the partial sentences and grammatical and punctuation errors...)
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
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Re: Norman Church's Doomer Manifesto

Unread postby Tanada » Thu 19 Jul 2007, 18:21:41

I keep hearing an ad for gold bugs on the radio which repeatedly reminds listeners that "gold has never been worth zero".

My response, sure it has, if you were a jew in Auschwitz you could have all the gold your arms could carry, and it was worthless for purposes of keeping you or your family alive.

If it won't buy your way out of a gory pointless death then what's it really worth?
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To strive, to seek, to find, and not to yield.
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Re: Norman Church's Doomer Manifesto

Unread postby bobaloo » Thu 19 Jul 2007, 19:27:21

On the other hand there are documented cases of people being able to convince the soldier coming to pick them up to "look the other way" with the aid of an ounce or two of gold.

Once you're in the camp you're screwed, but bribery can work when applied at the right time.
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Re: Norman Church's Doomer Manifesto

Unread postby Lore » Thu 19 Jul 2007, 19:41:25

$this->bbcode_second_pass_quote('bobaloo', 'O')n the other hand there are documented cases of people being able to convince the soldier coming to pick them up to "look the other way" with the aid of an ounce or two of gold.

Once you're in the camp you're screwed, but bribery can work when applied at the right time.


Of course during post PO, he may be more convinced with a bribe of a roll or two of toilet paper; considerably more practical.
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
... Theodore Roosevelt
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Re: Norman Church's Doomer Manifesto

Unread postby kabu » Fri 20 Jul 2007, 11:47:02

$this->bbcode_second_pass_quote('Tanada', 'M')y response, sure it has, if you were a jew in Auschwitz you could have all the gold your arms could carry, and it was worthless for purposes of keeping you or your family alive.

If it won't buy your way out of a gory pointless death then what's it really worth?

Value is subjective. There will always be situations where someone doesn't value what virtually everyone else does. Gold hasn't always been worth something, but it has the best track record, as a currency.

The exaggeration you're complaining about is fairly slight. The last civilizations to not greatly value gold were what, some of the Indian tribes that our ancestors wiped out, early on? And they were, of course, far, far behind.
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Re: Norman Church's Doomer Manifesto

Unread postby Lore » Fri 20 Jul 2007, 16:58:56

$this->bbcode_second_pass_quote('kabu', 'T')he exaggeration you're complaining about is fairly slight. The last civilizations to not greatly value gold were what, some of the Indian tribes that our ancestors wiped out, early on? And they were, of course, far, far behind.


Or, could that be translated as far, far ahead of where we will be in the future?
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
... Theodore Roosevelt
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Re: Norman Church's Doomer Manifesto

Unread postby oowolf » Fri 20 Jul 2007, 17:18:37

Dry food and ammo are way ahead of Au/Ag. Look, the price of powdered milk just more-than-doubled:
http://survivalacres.com/wordpress/
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Re: Norman Church's Doomer Manifesto

Unread postby bobaloo » Fri 20 Jul 2007, 18:12:34

I think a little gold is a good thing to have, but agree that in truly tough times it's not as valuable as something usable.

Personally I've been investing all my spare money in precious metals, lead and brass. Right now mil surplus 5.45 x 39 is available for 10 cents a round, you'll never see it at that price again. I have a few thousand pounds of lead put away that I paid an average of maybe 10 cents a pound for, right now lead is about $1.30 per pound. Ammo has been skyrocketing, I don't see that trend slowing down any in the future, and it's something that's always useful.
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