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Old June 29, 2017, 11:29   #1
gates
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For those fuzzy on where we stand re: world debt and it's implications...

http://www.zerohedge.com/news/2017-0...y-crash-system

see that chart and where the red arrow points to? thats where my dry powder will be deployed back into the market:-) if not I'll just keep buying PMs and lead.
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Old June 29, 2017, 12:25   #2
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Well gates, it's been comming for how many years but still hasn't happened and if it does then what will everyone do? Will the oil stop pumping or the farms quit planting? Just saying that what ever happens life will go on, it may change a bit but folks will get back to normal, in my opinion.
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Old June 29, 2017, 12:42   #3
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This isn't a "chicken little" piece IMO, it's just a "here are the numbers and this is likely what will happen thing" IF - big IF - they normalize rates (jury's out on this on - personally I don't think they can).
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Old June 29, 2017, 12:58   #4
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It's just I have been hearing for over 40 years it's all going to crash yet they kick the can down the road year after year. Venezuela comes to mind if they do crash us but with over 200 million guns here I think things will be settled quickly. Odd I read the money people are buying property, do they believe there will be any records left when it all burns down..
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Old June 29, 2017, 14:50   #5
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That's part of where those guns come in Jim, you own it if you can defend it.
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Old June 29, 2017, 18:09   #6
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Better get a crew to help you and I doubt you can pay them in pms.
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Old June 29, 2017, 18:50   #7
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I'm covered, I don't just post this crap and then forget about it...
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Old July 15, 2017, 19:57   #8
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Need an education

Hello guys,

I see the term, PMs. Please educate me as to what PM stands for.

Thanks,
Dan
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Old July 15, 2017, 20:15   #9
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Hello guys,

I see the term, PMs. Please educate me as to what PM stands for.

Thanks,
Dan
Gold, silver, platinum,
Precocious metals, this last a little joke.

precious metals is tha PM in PM

sometimes also used for lead, steel barrels, and copper plated bullets.
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Old July 16, 2017, 05:38   #10
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Quote:
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Gold, silver, platinum,
Precocious metals, this last a little joke.

precious metals is tha PM in PM

sometimes also used for lead, steel barrels, and copper plated bullets.
Lead, steel and copper plating usually do it better though.
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Old July 16, 2017, 13:27   #11
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Lead, steel and copper plating usually do it better though.
We can't eat either group of metals, and both can get heavy when lugging around, both need some level of safe keeping, but only one group can do double duty in times of need.
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Old July 16, 2017, 14:28   #12
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Thanks for the education

Thanks Yellowhand, Never thought of precious metals. Not for me. I'll stick to lead, both bare and plated. .
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Old July 16, 2017, 14:42   #13
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Gates here knows more about the financial world than I'll ever know or care to know about, since it all seems rigged to high heaven to this old boy.

I've got most everything paid off, several streams of income, a few bucks in the bank and some cash at home.

If or when the financial system falls apart, having a huge ass supply of lead might be far better than a few bars or gold coins.

Regardless, whatever ya have in your hands, everyone needs to be able to hang onto it when bad people show up to take that which is yours.
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Old July 17, 2017, 00:26   #14
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Primers & powder.

Fence posts and razor wire.

Genset & diesel.

Water & food.

Antibiotics & meds.

Stone, sand, & lime.

Doctors & friends.




That's my list.
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Old July 17, 2017, 00:49   #15
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Primers & powder.

Fence posts and razor wire.

Genset & diesel.

Water & food.

Antibiotics & meds.

Stone, sand, & lime.

Doctors & friends.




That's my list.
We think a lot alike!

Might I suggest a copy of "Emergency War Surgery".

There used to be a plan, to have the Feds snag up all the MD's they could get their hands upon, as a way to control the population, oh, I meant provide high quality centralized health care in the event of an emergency.
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Old July 17, 2017, 13:36   #16
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^

I appreciate the suggestion. I'll get a couple of copies if I can find them.


I've got a good pal who is a trauma surgeon, and he lives within a couple of miles of here. He's stocking food and other good stuff.

One surgeon doesn't fix everything, but it's a good start.
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Old July 17, 2017, 14:22   #17
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^

I appreciate the suggestion. I'll get a couple of copies if I can find them.


I've got a good pal who is a trauma surgeon, and he lives within a couple of miles of here. He's stocking food and other good stuff.

One surgeon doesn't fix everything, but it's a good start.

Doc's all specialize now, but if they have at hand the needed information, most can get quiet a bit done outside their own areas of specialty.

Most never face meatball surgery, those that do, are worth their weight in gold in an emergency.

Another good text for you and others, is the Merck manual on diagnostics and proper treatment.

It covers about everything anyone will ever face, and be able to treat.
It is a simple, if its this, do this to treat.

The thing was our bible back in the bad old days, where it was just us doing everything without any or much support on the ground.
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