HERE
ARE THE RECOMMENDATIONS FROM 5 AUGUST 2011. Europe will drag the US
into crisis. Here are my suggestions for self-protection:
1. Get liquid. Pay down debt as much as you can. Sell non-performing investments, like stocks, or investments that will suffer from depression or inflation.
2. Close out leveraged positions. Markets are way too volatile for that.
3. Hold on to silver and gold.
4. Hang on to cash anticipating great bargains in a crisis. Remember gold went to $700 and silver to 880c. Gold/silver ratio went to 84, offering a great gold to silver swap. Not expecting those numbers again, but we might see the analogs.
5. Fill up propane tanks, home gasoline or diesel tanks.
6. Stock up on food -- long term storage food, not smoked oysters and tomato soup. Rice, for instance. Dehydrated food. MREs.
7. Stock up on ammo.
8. Get out of the city, or at least have a country place waiting to receive you.
Don't be fooled by my calm words, either. Y'all are reading the equivalent of an air raid siren, and y'all had better run for cover.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger
The-MoneyChanger.com
1. Get liquid. Pay down debt as much as you can. Sell non-performing investments, like stocks, or investments that will suffer from depression or inflation.
2. Close out leveraged positions. Markets are way too volatile for that.
3. Hold on to silver and gold.
4. Hang on to cash anticipating great bargains in a crisis. Remember gold went to $700 and silver to 880c. Gold/silver ratio went to 84, offering a great gold to silver swap. Not expecting those numbers again, but we might see the analogs.
5. Fill up propane tanks, home gasoline or diesel tanks.
6. Stock up on food -- long term storage food, not smoked oysters and tomato soup. Rice, for instance. Dehydrated food. MREs.
7. Stock up on ammo.
8. Get out of the city, or at least have a country place waiting to receive you.
Don't be fooled by my calm words, either. Y'all are reading the equivalent of an air raid siren, and y'all had better run for cover.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger
The-MoneyChanger.com
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