Headline, March 28, 2013… BUSINESS INSIDER: “MARC FABER: Not Even Gold Will Save You From What Is Coming“
Several weeks before, at school, the essay question presented me was: “You have just won the lottery, how do you spend the money?” Since this was an assignment for college credit, and it presented a challenging mental exercise, I dove in and wrote the following, amended to reflect current news that outpaced even my paranoia. As it turns out, I have learned that if you are buying gold then Fager and I agree that you will be our Bitch.
——————————
As a newly minted Lotto winner, I recognize that the paper currency about to be showered upon me is worthless. It is supported by the illusion that there is some sort of backing for Federal Reserve Notes, beyond the fiscal mythology that they have some sort of intrinsic value. They do not, and we are all going to be learning this the hard way, sooner rather than later, when decades of government fiscal policies, consisting of the smoke and mirrors edition of arithmetic, comes home to roost.
Enough sentient beings of means appreciate this 800-pound gorilla in the room that they are sending
the prices of precious metals, such as gold, on a rocket ride to dizzying heights as they pursue them as safe haven for their resources. This rocket is being fueled by: world-wide economic upheaval, international conflict, lack of confidence in the Dollar, political instability at home and abroad, and the results of the 2012 election. Reinforcing those visible catalysts is the sales pitch from the sellers of precious metals. That pitch emphasizes that civil unrest and anarchy will follow any of the various options for apocalypse that we have on the menu, and we had better be prepared to protect our personal financial means.
So job number one is to take my pay-out in a lump sum, and then to convert those worthless winnings into a form that will be, in practice, a viable means of exchange when the proverbial fan is hit. Is gold, or something else, a smart place to ensure practical value? Gold (and other metals) is the traditional shelter for value used by people with large amounts of worth to protect, and has a long history of being a solid place to stash your booty. I can illustrate this by pointing out that during the California Gold Rush a U.S. Dollar was worth approximately 1/14th of one ounce of gold. Today that same Dollar is worth less than 1/1,700th of that very same ounce of gold. As recently as the early 21st Century, a Greenback could buy you 1/400th of an ounce of Gold.
That trajectory would seem to indicate that my winnings should be invested accordingly, but does that idea pan (pun intended) out? Gold has its limitations for everyday life, limitations that make it perhaps
not the best choice – at least as a stand-alone economic shelter. For example; would between-war Germans, reduced to hauling wheelbarrows full of paper currency around to buy a loaf of bread been better off with gold in their pocket? Or would the baker be better off having a commodity that everybody needed? Using Germany as an example, it seems probable that in any post-economic collapse dystopia there will be one category of items that will soar in actual value; stuff we need every day. Toilet paper, tooth paste, water, canned goods and such will be in great demand and as unaffordable as a loaf of 1936 German bread. You will eventually give me your gold for a roll of Charmin, assuming that I will take gold. I may just want ammunition for my guns to protect my toilet paper, or to come and take your gold at my leisure. To that end I would have to opt to exchange my winnings for a mix of the two, with the emphasis on building a short-term economic base on paper that just doesn’t happen to have pictures of dead presidents on it. My long-term economic security will be built on the gold you give me after your first shot at using a corn cob in the lavatory. The real shame is that the dead presidents you will use in the alternative to the corn cob are among those least deserving of the view.
.
More here:
.
.








up on those innocent women the other day, they gave
Apr 03
N. KOREA APPROVES NUKE STRIKE ON US. DEAR NK… AIM HERE: 38.8900° N, 77.0300° W. Thank you
Mark Williams commentary
N. Korea approves nuclear strike on United States
The noble favor that I beg of you is just maybe a heads up on the geography and timing involved, and that you don’t effe it up. Hopefully you have the correct targeting data (38.8977° N, 77.0366° W), so only the timing is important to us prisoners. That is mostly for the purposes of stocking up on what we need to survive the liberation process, which most of us won’t, because we no longer control the civil authorities and police.
Don’t get me wrong guys, this is purely political. I mean, you’re still a genetically defective, isolated, and more-inbred-than-even-the-population-of-West Virginia’s-Lost Hollar country. If fact, your population comes dangerously close to a level of fuzzing of chromosomes to the point of your genome looking like Monet painted it…almost as badly as the British Royal Family… HA HA! I cracked myself up with that one! You need another couple thousand years to get a family tree as forkless as the House of Windsor!
What I do mean boys is that you shouldn’t get the idea that we all here like the idea of dressing like a D-Con guy with a Nehru collar, and hair like from some weird troll doll, from the dashboard of some Chicano’s 1963 Chevrolet Bel Air that runs either 0.00001” or 37-feet off the ground, when the driver is not dribbling it in an attempt to show prowess for mating with God only knows what, and probably even he doesn’t.
Just the same, we appreciate the help. What the heck, we’ve hooked up with even the French a whole bunch of times.
SHOCKING PROOF THAT THE OLSEN TWINS ARE NORTH KOREANS AND POSSIBLY THE MOTHER AND AUNT OF KIM JONG-UM AND THE REASON WHY HE WANTS TO NUKE US
.
.
Tags: 38.8900° N, 77.0300° W, dprk, north korea, nukes
Leave comment