Date:   11/27/2004 9:32:55 AM ( 20 y ago)
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URL:   https://www.curezone.org/forums/fm.asp?i=19057

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PROTECTING YOURSELF AGAINST DOLLAR COLLAPSE *PIC*

Friday, 26 November 2004, 4:49 p.m.

There are a number of steps you can do to protect yourself now. This is what most bearish financial advisors are saying:

1) Get Debt Free Now ! Liquidate that which you can. Idle property sitting around--sell it now. Many are advising that real estate will fall by half or more of its 1990 value.

2) Destroy your credit cards now and and pay off those balances now. Your retirement may not be so safe--investigate it and see if it is backed by stocks, bonds, or annunities.

However, those wishing to protect themselves as much as possible from the Coming Crash and the resultant Total Collapse in life, as we know it, get out of stocks and put 90% of your money in T-Bills. The rest in gold, silver, and platinum coins.

If you know the timing of the crash--and no one does--then you can stay with stocks and bonds and get out the day before and make a bundle; but if you don't, then consider T-Bills and precious metals.

3) When the crash goes down, those with the least debt are most likely to survive.

4) Begin Now to Build a Cash Reserve ! This means, according to the experts you must have cash on hand; then, when this goes down, you will be able for a time to buy for pennies on the dollar. Also, banks will fail and checks, credit cards, etc. will be useless. Get The Cash for the quick short run.

5) Most Importantly--Stock up on food now for two years.

6) Protection: Learn Self-Defense; get a pistol and rifle, and get at least 1000 rounds for each.

7) Think Smart. Throw away your TV and learn to read books again. Learn to entertain yourself again and teach your kids to also. Get dominos, checkers, scrabble, cards, etc. Have good reading material lying around. Get books on the lives of great thinkers, and read the Bible for guidance and spiritual insight. Don't wait to discipline yourself--now is the time. It is going to be tough.

8) Act As If The Depression has Already Struck: Live with less. Cut out movies, video rentals, credit card purchases, stop going out to eat, taking vacations. Learn to enjoy hiking, going to the seashore, woods, jogging, simple things in life that benefit your mind and body. Get in shape physically.

9) Develop An Attitude: First, explain to your spouse, then together your children what is about to happen and why you are changing your lifestyle now. Develop a "Community" in your family and relatives, or neighborhood for physical and mental protection--if possible.

10) Become self-sufficient or self-reliant in your living: Eliminate non-essentials in your life; in our self-defense classes we teach mental, spiritual, and physical discipline--develop this now in your life. Learn to say no to things that aren't important.




 

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