It Is Amazing

[tabs]

All the ads before these Youtube videos telling you how to make bank in this Equity market is truly amazing. The Schmucks don't get it, it doesn't matter anymore, the money ANYBODY i s making is Toilet paper... There is NO WEALTH ACCRETION, the rug has been pulled out from EVERYBODY, it doesn't matter how many Billions you have the FED and worlds Central Banks don't care about schmucks like Bezo's Gate's nor Buffet. They have been thrown under the bus, because the only thing the Central Banks care about is the SURVIVABILITY OF THE ECONOMIC SYSTEM. The collective system is greater than any individual or institution in that system. Everybody rich or poor is on the deck of the Titanic with the water rushing in and there are no life boats that will save your butt. It is amazing to see how frantic people are getting the closer to the end that you get.

[RWebb]

cut the pills in half next time

[Bigtoe32067]

Wow. I just burned all my cash in preparation but thankfully saved enough to buy a life raft. It’s a four person but I have five kids. Don’t know how I’m going to break it to some of them.
Tony

[RWebb]

you burned all your cash?

I haven't even gotten firewood in yet, much less had a need for tinder

[sammyg2]

And to think I made a big ole pile O'worthless $$$$ since tabby first started warning me,
WTF was I thinking.

Bigtoe, can I borrow a match?

[tabs]

Originally Posted by sammyg2

And to think I made a big ole pile O'worthless $$$$ since tabby first started warning me,
WTF was I thinking.

Bigtoe, can I borrow a match?

I am glad you are feeling so rich, it is all the mania today...
Gold is a relative market that shows you the purchasing power of the USD. Gold is a heavily manipulated market, where CB's in particular do not want to see it go parabolic.. Yet it is showing signs of breaking out higher as a reflection of the massive increases in money and Sovereign debt.

Today Gold is $1812.00

BA says 3000
Kitco says 5000
Rickard says 50,000

5 years ago Gold was at 1094.

This time around Equities have no underpinning in economic reality.. It is all bubble, that is dependent upon the FED printing more money...the more money they print the higher Equities go...There is no place else to invest money in the system that is going to make a ROI.

We have not as of yet seen the effects of commercial and residential RE foreclosures, credit card, auto loan and student loan defaults. We have not seen the massive corporate BK's and the resulting layoffs of people. The BKing of Pension funds, Municipal and state defaults... Nor the massive displacement of people who can not make the rent anymore and the effect on landlords.

What you can count on is an INCREASE in taxation as govt becomes ever more desperate to raise revenue to cover shortfalls in revenues...In some states you might see a 32% increase in Property taxes...

The people of the Golden state in particular are going to have to pay for the privilege of living in such golden splendor..

The shyte has not hit the fan so as to be noticeable..the ocean swell is gathering momentum especially as the CV starts to close the economy again...it was WISHFUL thinking that they could reopen it so soon. They had to try though..there is no going back to the way it was..even before the CV..

Again starting on 9/17/19 when the FED had to start hitting the REPO window on a daily basis something was very wrong with the economy...Not very many people want to recognize that fact. rather choosing to live in denial.

A REAL FISCAL CONSERVATIVE would be freaked out with what is happening...but it seems that what we have today is ersatz fiscal conservatives who are good time charlies along for the ride...Remember I told ya Paul Ryan got out of Dodge while the getting was good. You are about to find out the reason why.

The only reason why I am responding to you is that you have a modicum of savvy..so I think and or hope you are salvageable.

[sammyg2]

I can't believe i'm doing this, but I'll bite:

so what 'zackly do you suggest a savvy investor do? Besides freaking out I mean.

[tabs]

Originally Posted by sammyg2

I can't believe i'm doing this, but I'll bite:

so what 'zackly do you suggest a savvy investor do? Besides freaking out I mean.

Pray!

The Investment Guru has suggested that you buy AK 47's and ammo for it. Not just for it's utilitarian value buy as a tradeable commodity under almost all circumstances. It is an alternative to Gold as a hedge, where Gold can once again be illegal to own and or confiscated by the govt.

My message is that whatever squirrel games you play the circumstances are so dire that those games don't matter anymore..The train has finally gone off the cliff and you in the passenger cars still don't realize it has happened..

The FED has yanked the rug right out from under you, to the end that some sort of temporary stasis has been achieved for the moment..the panic has been quelled..But there is a frenzy in the activity that has resumed...


In general you folks need to be able to assess the reality of the situation better than you do..otherwise you will become lunchmeat

[RWebb]

The Investment Guru sounds a lot like tabs.


Why not just move to Moldovia??

[sammyg2]

Moldova sucks

[stevej37]

AK 47's sound a little extreme for squirrels

[sammyg2]

LOL I can see it now:

GUBMINT: why do you have a million AK-47s?
ME: Long-term investment strategy, sir.

[wdfifteen]

Originally Posted by sammyg2

so what 'zackly do you suggest a savvy investor do? Besides freaking out I mean.

My answer (I'm not an expert like Tabula, and you didn't ask me, so please excuse the intrusion).
We have 5 acres - 1 in cultivation, 3 for firewood, 23 broiler chickens headed for the butcher this week, 4 laying hens. A small orchard, 3 freezers that we're slowly filling with food. We expect to have enough food on hand by the end of October to last until spring. Then we'll start the cycle over. If we have a bad year we're f*kked I guess.

[cstreit]

Didn’t read your post, but let me guess... DOOOOOM?

[ckelly78z]

More TAB'S chicken little, "The sky is falling" screaming ?

What would be your best advice for hedging against the coming storm ?

[onewhippedpuppy]

Originally Posted by wdfifteen

My answer (I'm not an expert like Tabula, and you didn't ask me, so please excuse the intrusion).
We have 5 acres - 1 in cultivation, 3 for firewood, 23 broiler chickens headed for the butcher this week, 4 laying hens. A small orchard, 3 freezers that we're slowly filling with food. We expect to have enough food on hand by the end of October to last until spring. Then we'll start the cycle over. If we have a bad year we're f*kked I guess.

The tabs in me would ask, what happens if they triple your property tax to make up for the massive local and state budget shortfall? Because we know they won’t cut spending or headcount, when does the government ever do that?

[black73]

Originally Posted by tabs

All the ads before these Youtube videos telling you how to make bank in this Equity market is truly amazing. The Schmucks don't get it, it doesn't matter anymore, the money ANYBODY i s making is Toilet paper... There is NO WEALTH ACCRETION, the rug has been pulled out from EVERYBODY, it doesn't matter how many Billions you have the FED and worlds Central Banks don't care about schmucks like Bezo's Gate's nor Buffet. They have been thrown under the bus, because the only thing the Central Banks care about is the SURVIVABILITY OF THE ECONOMIC SYSTEM. The collective system is greater than any individual or institution in that system. Everybody rich or poor is on the deck of the Titanic with the water rushing in and there are no life boats that will save your butt. It is amazing to see how frantic people are getting the closer to the end that you get.

Geez, why didn't you say something sooner? This all could have been avoided!

[sammyg2]

So yer saying we should invest in security shutter companies ......

[Crowbob]

Originally Posted by wdfifteen

My answer (I'm not an expert like Tabula, and you didn't ask me, so please excuse the intrusion).
We have 5 acres - 1 in cultivation, 3 for firewood, 23 broiler chickens headed for the butcher this week, 4 laying hens. A small orchard, 3 freezers that we're slowly filling with food. We expect to have enough food on hand by the end of October to last until spring. Then we'll start the cycle over. If we have a bad year we're f*kked I guess.

How about publishing your address in order to save somebody 15 minutes of searching the internets for it.

[Starless]

Originally Posted by wdfifteen

My answer (I'm not an expert like Tabula, and you didn't ask me, so please excuse the intrusion).
We have 5 acres - 1 in cultivation, 3 for firewood, 23 broiler chickens headed for the butcher this week, 4 laying hens. A small orchard, 3 freezers that we're slowly filling with food. We expect to have enough food on hand by the end of October to last until spring. Then we'll start the cycle over. If we have a bad year we're f*kked I guess.

By the way, how are the tomatoes coming along?