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Old 10-04-2008, 03:30 AM   #10 (permalink)
lotusforsale
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Join Date: Nov 2007
Location: Maryland
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Quote:
Originally Posted by Noisycow View Post
Silver; preferably one ounce coins. Anything but dollars, that are backed by nothing. You will be using them for fire starters or to wipe your butt. Of course, the other things mentioned to also to try and keep you safe. Lots of freeze dried food. A water purifier kit/pump and decontamination pills for same.

When I saw George Carlin three years ago in Vegas he was talking about 'good neighbors.' He went on to say how good will your neighbors be when the electricity and running water are cut off for a few months? When money is worthless and you have no heat? Mad Max, pre-planned. Carlin .... damn I miss that guy.

The good news is with the printing presses running at full tilt we should have a few months of boom times. Lots of liquidity. But like a Meth addict, the USA will then crash hard and probably die financially. Don't fret for our mis-leaders though, they've lined their pockets well along with their billionaire wallstreet pals. It is the lower 98%, and that includes millionaires, that are going to get stomped on. There were many millionaires in the breadlines.
Cash isn't backed by gold or silver, true.

But what is gold and silver backed by? Really, to leverage its value when needed, what does it need to be converted to?
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