|
|
Joined: Nov 2003
Posts: 28,411
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
With Trump as president the rest of the world at least had some confidence we would pay back our debt, Biden not so much. We know Soros and China want to see the dollar fail, as that is the best way to kill an economy. The Federal reserve has been buying up our bonds to prop up the dollar and doing so with printed money only backed up by the belief that we will be good for our debt. If interest rates rise 2% the interest on our debt will soon be impossible for us to pay. Crazy. What is really with George Soros wanting the dollar to fall, this is the same thing he did in 1992 to the British Pound. He shorted the currency and it fell drastically. I hope he doesn't do that to the Dollar, it would be cathastrophe. Soros lost it all back trying to break the Hong Kong dollar which is pegged to the US$.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
|
|
|
|
|
Joined: Aug 2009
Posts: 20,824
Campfire Ranger
|
|
Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Missed the boat on flipping houses around here. Many of the opportunities I outlined earlier it is already too late... Rental property... too late Ammo/ reloading supplies... too late Silver.... too late, the supply is drying up and the premiums are through the roof Hell, canning supplies are hard to find The time to start on these things was a few years ago. . It's never too late to pay debt though...... 
Originally Posted by Judman
PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
|
|
|
|
|
Joined: Mar 2006
Posts: 3,774
Campfire Tracker
|
|
Campfire Tracker
Joined: Mar 2006
Posts: 3,774 |
BTC, Dogecoin, RIOT, Tesla- some stocks are in a great position. I do note that they are offering an ETF of fractional farm land. That might be the ticket. Even the commies got to eat.
I had a bad experience of trying to send the traditional kuspuk of my Fatherinlaw down to the Funeral Home in Anchorage and Fedex wouldn't accept cash. I ended up having to buy a $20 camping stove to break a $50 bill. Physical cash is almost nonexistent and that is up here in Alaska where it is almost a cash based economy. It has me wondering if the actual amount of physical cash is extremely limited and that in real terms there is a depression that is going on but the government is trying to juice it through with cash injections to the proles so that they don't riot. Count me to be setting up an "Adventure" team!
l
|
|
|
|
|
Joined: Nov 2003
Posts: 28,411
Campfire Ranger
|
|
Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
BTC, Dogecoin, RIOT, Tesla- some stocks are in a great position. I do note that they are offering an ETF of fractional farm land. That might be the ticket. Even the commies got to eat.
I had a bad experience of trying to send the traditional kuspuk of my Fatherinlaw down to the Funeral Home in Anchorage and Fedex wouldn't accept cash. I ended up having to buy a $20 camping stove to break a $50 bill. Physical cash is almost nonexistent and that is up here in Alaska where it is almost a cash based economy. It has me wondering if the actual amount of physical cash is extremely limited and that in real terms there is a depression that is going on but the government is trying to juice it through with cash injections to the proles so that they don't riot. Count me to be setting up an "Adventure" team!
l Folks that I know are keeping considerable cash nearby and ready at hand.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
|
|
|
|
|
Joined: Nov 2015
Posts: 1,779
Campfire Regular
|
|
Campfire Regular
Joined: Nov 2015
Posts: 1,779 |
So.....that $7,000 in cash sitting in my gun safe.....I should prolly turn that into something else pronto?
edit: should add...this is the petty cash fund...not the life savings. That would make a difference!
Last edited by Tarbe; 02/15/21.
USMC 0351
We know the price of everything and the value of nothing.
|
|
|
|
|
Joined: May 2010
Posts: 6,610
Campfire Tracker
|
|
Campfire Tracker
Joined: May 2010
Posts: 6,610 |
What’s cash worth if shtf?
|
|
|
|
|
Joined: Jul 2020
Posts: 5,230
Campfire Tracker
|
Campfire Tracker
Joined: Jul 2020
Posts: 5,230 |
What’s cash worth if shtf? I bet more than a stock certificate.
|
|
|
|
|
Joined: Nov 2003
Posts: 28,834
Campfire Ranger
|
|
Campfire Ranger
Joined: Nov 2003
Posts: 28,834 |
So.....that $7,000 in cash sitting in my gun safe.....I should prolly turn that into something else pronto?
edit: should add...this is the petty cash fund...not the life savings. That would make a difference! Convert to silver tomorrow when the store opens ! I think that $7,000 worth of silver will be at least worth $200,000 by the end of the year.
"Only Christ is the fullness of God's revelation."
Everyday Hunter
|
|
|
|
|
Joined: Oct 2012
Posts: 7,605
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Oct 2012
Posts: 7,605 |
Convert to silver tomorrow when the store opens! I think that $7,000 worth of silver will be at least worth $200,000 by the end of the year.
I don't believe that, but I hope the hell you're right. I got a sheit ton of it.
|
|
|
|
|
434 members (10gaugemag, 1beaver_shooter, 12344mag, 17CalFan, 10gaugeman, 19rabbit52, 51 invisible),
2,534
guests, and
1,189
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
Forums81
Topics1,190,713
Posts18,456,973
Members73,909
| |
Most Online11,491
Jul 7th, 2023
|
|
|
|
