Re: Inflated housing markets
Do you really think the sheet will be hitting the
fan in 24 months or less??
My concern is that my dollars are losing value faster
than I can make them. Fortunately, I do not have debt
but would spend my savings if it is a healthier thing
to do than hang onto dollars.
I am making some investments in real goods since the
prices of goods are going up and so assuming, I can
live where I do, it would be better to get some items
like a solar cooker which can help with sustainability.
Still, its difficult to know what to do. I am one of
those people who were brought to their knees by a short
string of life circumstances, divorce, a car wreck and
cancer. I am also someone who did not allow it to keep
me down and have successfully kept my head out of the
water...now I am concerned that the time frame I was
hoping for to regain my standard of living I used to
have will disappear, along with the value of my savings
I have worked hard for.
You seem to be an informed guy...what company would
you buy gold from and what is a good price?? Other
than gold, what other options would be helpful to insure
survival in the coming storm.
I often wonder what would happen if everything got
desperate and the world began to resemble post-Katrina
New Orleans where men in black clothes go door to door
collecting guns and anything of value they want. I read
somewhere that anything in a safety deposit box would
be confiscated, with hopes that stores of gold kept there
would no longer belong to the boxholder. I suppose it
would be when martial law is imposed, or Homeland Security
decides to drop the facade of civility...
For now, I have been focusing on investing in supplies
of herbs and things like a non-electric water distiller.
We have a wood stove and a well with a hand pump. I live
with friends out in the country here in Texas, but in a
perfect world, I would rather move back to Missouri and
be by my friends and family there.
What I seem to be seeing you say is that those of us who
do not have a well-padded portfolio will be facing the
lifestyle of a third-world nation...
ggg...I am sobered by the image of rummaging through
garbage cans you offered, but I suppose, I have a hand
crank wheatgrass juicer and would go out back and begin
to cut and juice. Still, if it gets to that point, is
there a point of return, or is it truly the endgame??
2012 is breathing down our necks....sigh...
Thanks for sharing your observations...it is food for thought...
blessings,
Zoe
-_-