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irocpractice 04-30-2013 03:47 PM

Ponderous Points to Ponder(Sooner Than Later)
 
How would you prepare for;
1) the collapse of the Us Dollar if it were no longer to be used as "The" International Currency of settlement?
2) Uncontrolled inflation similar to that of the Jimmy Carter administration when home loans were 17%?
3)Would you start/continue to invest outside the US and hold the funds in other currencies?
4) Re.above,if so which currencies?
5)IF you have invested in "commodities" and wish to redeem your money,would you be able to do so,in what country,in what currency?

cougar 04-30-2013 04:53 PM

1.) I have stock in toilet paper.
2.) My house is paid for.
3.) Why, there as broke as we are.
4.) What's your point? It's all funny money.
5.) Toilet paper is an international commodity, who needs money?

Lary Ellis (Top) 04-30-2013 05:48 PM

I have invested in precious metals like Lead and Copper Jackets....I don't trust funny money and have also paid off the Ponderosa.

irocpractice 04-30-2013 06:15 PM


Originally Posted by cougar (Post 3181414)
1.) I have stock in toilet paper.
2.) My house is paid for.
3.) Why, there as broke as we are.
4.) What's your point? It's all funny money.
5.) Toilet paper is an international commodity, who needs money?

I have invested in precious metals like Lead and Copper Jackets....I don't trust funny money and have also paid off the Ponderosa.

Thanks guys HOWEVER,I was hoping for something from maby "Larry The Banker Guy".We can laugh and jest,but in my vehicles I cannot use lead or copper or "bathroom tissue" for food or fuel.:oAnd yes the house is paid for,the condos rented,and I is NOT driving across the new bridge with broken Ohio bolts.[laugh]

cougar 04-30-2013 07:12 PM

When money goes bust, toilet paper will rule the word.

madhat 04-30-2013 08:08 PM

I am prepared to join forces with Lary and rule a small part of WV...

slevhansen 05-01-2013 07:16 AM


Originally Posted by irocpractice (Post 3181423)
I have invested in precious metals like Lead and Copper Jackets....I don't trust funny money and have also paid off the Ponderosa.

Thanks guys HOWEVER,I was hoping for something from maby "Larry The Banker Guy".We can laugh and jest,but in my vehicles I cannot use lead or copper or "bathroom tissue" for food or fuel.:oAnd yes the house is paid for,the condos rented,and I is NOT driving across the new bridge with broken Ohio bolts.[laugh]

I´ll be driving... got my veggiefuel, got about 500 gallons of that, and it Works fine in the kitchen as well.

And I´m not sure how small (or big) a part of WV madhat and Lary are going to rule, but I have no doubt it will be ruled, and you better come in Peace...

Slev

patdaly 05-01-2013 08:36 AM


Originally Posted by madhat (Post 3181445)
I am prepared to join forces with Lary and rule a small part of WV...

Let me know and I will throw in, we can rule a larger part........ Plenty of precious metals to add to the pile here.

Irco, best thing you can do is get the heck out of that "urban paradise" Large portions of blue occupied swaths of America aren't going to be inhabitable......... Think about what SanFran would do without electricity.......... And it isn't that hard to accomplish.

Lary Ellis (Top) 05-01-2013 09:03 AM

If you have enough lead and copper jackets you can take what ever you need.

tankeryanker 05-01-2013 10:02 AM

I've installed a bidet on my toilet for when toilet paper gets in short supply & unafordable.

Colo_River_Ram 05-01-2013 10:48 AM

Heavy metals are recommended Gold-Silver-Lead (The next currency will probably be based on all three).

Fuel storage is needed but if the system totally collapses where are you going to drive too? You will want to stay home and protect the fort. Diesel is easily stored for long periods of time with the proper additives. Aviation fuel will last longer than ethanol.

A sustainable food crop is a must, I was reading of a hydroponic system that puts fish in the water to add nutrients to the plants which filter the water for the fish. This provides the caretaker with fresh fish & veggies.


[coffee]

irocpractice 05-01-2013 04:50 PM

A sustainable food crop is a must, I was reading of a hydroponic system that puts fish in the water to add nutrients to the plants which filter the water for the fish. This provides the caretaker with fresh fish & veggies.

Now that sounds darned interesting by golly.Where is the aforementioned article?

chaikwa 05-01-2013 05:03 PM


Originally Posted by tankeryanker (Post 3181490)
I've installed a bidet on my toilet for when toilet paper gets in short supply & unafordable.

I don't use toilet paper. I have 10 fingers, there's only 7 days in a week and the creek runs year 'round. I'm all set.

Hvytrkmech 05-01-2013 08:12 PM


Originally Posted by irocpractice (Post 3181405)
How would you prepare for;
1) the collapse of the Us Dollar if it were no longer to be used as "The" International Currency of settlement?
2) Uncontrolled inflation similar to that of the Jimmy Carter administration when home loans were 17%?
3)Would you start/continue to invest outside the US and hold the funds in other currencies?
4) Re.above,if so which currencies?
5)IF you have invested in "commodities" and wish to redeem your money,would you be able to do so,in what country,in what currency?

"the reserve currency of the world". Its been that for a long time but like it or not its going the way of the dinosaur. Gold is the best method for diversification but if I had to choose a currency it would be IFC notes.

j_martin 05-01-2013 08:48 PM


Originally Posted by Colo_River_Ram (Post 3181495)
A sustainable food crop is a must, I was reading of a hydroponic system that puts fish in the water to add nutrients to the plants which filter the water for the fish. This provides the caretaker with fresh fish & veggies.
[coffee]

I have one of those. It's called a pond.


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