
Originally Posted by
Danno
Ok, let's assume that you're 100% correct. How does a regular shmoe with a job and a mortgage and a kid and small retirement nest egg "use" that info?
Good question. Some would say to buy physical gold and silver not ETFs. I haven't done that. I have been looking at ways to short the US Dollar as I do believe it is just starting to tank. Plenty of ETFs that can do that for you. I am also looking at ETFs that increase in value as rates increase, as I am positive that is around the corner in a big way. Once that happens, look to short the S&P 500 index. Lots of leveraged ETFs to do that as I am certain the stock market will tank at some point regardless of Helicoptor Bens pumping of it.
Have food for 3-6 months stored, a fresh water source would be a great fucking idea, but I don't have that. A generator with fuel for it is a great idea as would a solar installation on your home so the grid having rolling blackouts doesn't goof you up. And Jers personal favorite. Guns and lots of ammo in case people get fucking crazy for a period of time.
Things will calm down over time, but when the SHTF, you need to be self sufficient for sometime. Whether we will be able to protect our assets is a huge unknown. I know how to profit from certain developments, but if everything goes to shit, will anyone pay up when you want to withdraw your money? Many people say no. The truly paranoid have cashed in IRAs/401k plans, have taken all their money out of the banks and bought gold and silver. Where to store it is a good question. In your back yard may be a bad idea
Never in U.S. history has the public chosen leadership this malevolent. The moral clarity of their decision is crystalline, particularly knowing how Trump will regard his slim margin as a “mandate” to do his worst. We’ve learned something about America that we didn’t know, or perhaps didn’t believe, and it’ll forever color our individual judgments of who and what we are.
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