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  1. #16
    si
    Nov 2017
    Countryside
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    No. It will be there for a long time, unless you manage to tare your country apart. As long as there is a USA, tghere will be 200 M people behind and word's strongest military, you have nothing to be affraid of. Of course, there will always be a devalvation, elites just can't help themselfes unless they take something from somebody's else pocket.
    Rebel - KGC and T.C. like this.

  2. #17
    cr
    May 2005
    Drake, Costa Rica
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    Quote Originally Posted by TheGreenBoy View Post
    No. It will be there for a long time, unless you manage to tare your country apart. As long as there is a USA, tghere will be 200 M people behind and word's strongest military, you have nothing to be affraid of. Of course, there will always be a devalvation, elites just can't help themselfes unless they take something from somebody's else pocket.
    no, suggest travel for perspective
    we are witnessing the worldwide looting of the public treasury, debt does not matter and there is a race to offload as much paper as possible - none will be redeemed
    when is the big question

    what should be feared is the use of war to forestall economic collapse by the same jerk politicians that debased the currency, if you spend more than you make......

    look in the mirror, accept that you see a sheep (a breeder of soldiers) and ask "Am I being prepared for war?"
    Look at the unending propaganda demonizing Russia and China
    yes, the US has the biggest war machine the world has known and it is practicing constantly
    think for a moment: Do you think that the US would ever war with ONLY China OR Russia?
    never happen, together they win
    go ahead, have children to feed the war machine

    but the US still wants to rule
    Rebel - KGC likes this.

  3. #18
    ca
    Feb 2009
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    Quote Originally Posted by jeff of pa View Post
    already Crashing. Beginning of the Year I Bought 10 Dozen Lrge Eggs.
    They were Priced at .99
    Today I bought 1 Dozen Eggs priced AT $1.79


    beginning of the year I paid $2.39 a Gallon For Gas,
    Today I Passed the Closest Station was $2.89 I Figured Somewhere I Could find Cheaper.
    Everyone was $2.89 Till I Got Back to town.
    In one & a half Hours it Rose here to $2.99 never did Fill up

    neighbor in the apartment told me yesterday our rent is rising no idea How much

    Got my Comcast Bill Yesterday the Local government raised their fees to Comcast.
    They past it on to it's Customers at $20 More a Month.
    even though my Bill was Not supposed to Rise for another Year, The passed it on to me anyway.

    those are just the rises this week I've noticed .
    Quote Originally Posted by Honest Samuel View Post
    Word of advice/ Don't purchase Jumbo eggs, because they are the same size of X-Large, but, higher prices. Check it out.
    One has to know that not all eggs are created equal. Now I can't keep the large eggs on hand as I just started selling them a large size gets $6.00 a dozen for organic fed. Now take a look at this post up of a few eggs and see what a large and a jumbo egg looks like. The jumbo is jumbo and my scale proves that.

    Gifs, Pics, and More

    Jeff you living on the cheap really as we're paying $4.50 for that same gas. It take a $1000+ a month to rent a one bedroom cockroach hotel room, a house that sold for under a 100K are getting a 100K over asking now a year later.
    A 5 gal bucket of hydraulic fluid was $35-now retails for a $100 a yr later.
    Want to build anything a 2x4 will run a $1.00 a foot-where as it was 35 cents just a few years back.
    Plywood sheeting 3/8" is nearing a $1.00 sq.ft.

    But you can't eat money-nor silver/gold-just ask the good folks of TX how they made out with a little taste of the Mother Nature this past week or so back.
    Power/water-better have a back up plan....food on store if there are no stores...how long can one get along?
    "If it was easy-It would have already been done-Life 101."
    揑 treat the outside world as one raw very warm wet chicken that has sitting out too long. wash and sterilize everything me touches.??pepperj

  4. #19

    Sep 2014
    Midwest, North of 36?0'
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    Quote Originally Posted by shovelready View Post
    The bell has already rung folks, control the money,control the nation's. Control the food, control the people.
    It may be out of fashion to admit, but mortal man does not do well when "in charge". Control is simply not our department. Heck, most people these days can't even control themselves.

    Like Ben Franklin said- "Mind Your Business".
    BillA, DeepseekerADS, T.C. and 2 others like this.
    "Do Not do to others that which you would Not have them do to you"

    Choose your heroes carefully.

    In God We Trust.

  5. #20

    Dec 2003
    Western Schuylkill County, Pa.
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    Quote Originally Posted by pepperj View Post
    One has to know that not all eggs are created equal. Now I can't keep the large eggs on hand as I just started selling them a large size gets $6.00 a dozen for organic fed. Now take a look at this post up of a few eggs and see what a large and a jumbo egg looks like. The jumbo is jumbo and my scale proves that.

    Gifs, Pics, and More

    Jeff you living on the cheap really as we're paying $4.50 for that same gas. It take a $1000+ a month to rent a one bedroom cockroach hotel room, a house that sold for under a 100K are getting a 100K over asking now a year later.
    A 5 gal bucket of hydraulic fluid was $35-now retails for a $100 a yr later.
    Want to build anything a 2x4 will run a $1.00 a foot-where as it was 35 cents just a few years back.
    Plywood sheeting 3/8" is nearing a $1.00 sq.ft.

    But you can't eat money-nor silver/gold-just ask the good folks of TX how they made out with a little taste of the Mother Nature this past week or so back.
    Power/water-better have a back up plan....food on store if there are no stores...how long can one get along?
    I'll Never Buy Organic or Free Range eggs I'm actually used to .99 for an 18 Count Pack of Large Eggs here . Jumbo used to be Cheaper.
    I've seen specially wrapped eggs in the Freezer with outrageous prices. No way ! they would have to be Proven to add 100 More years to my Life
    to get me to pay those prices for Eggs. I Normally avoid eggs over a Dollar. I Just may stop eating them.
    I Had 2 this morning along with an orange and hunk of bologna, instead of my Normal 3 , and bacon and toast,

    Purchased Oatmeal & Shredded Wheat for stretching the Dozen eggs to 18 Days instead of 6
    May do without Breakfast at times to make them last even longer.

    no idea how much milk rose, i never check and remember the price of milk.
    or cereals
    Last edited by jeff of pa; Feb 26, 2021 at 07:44 AM.
    pepperj and T.C. like this.

  6. #21

    Mar 2015
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    Hola Amigos

    While indeed financial outlook may look grim and prices of imported things goes up. True but with dollar devaluing and skilled labor force has its benefits. Companies products made in USA will be more affordable and competitive on world markets. That itself intern dives productivity and employment growth.

    Roughly three-quarters of the government's debt is public debt, which includes Treasury securities. As of July 20, 2020, debt held by the public was $20.57 trillion, and intra governmental holdings were $5.94 trillion, for a total of $26.51 trillion. Debt held by the public was approximately 77% of GDP in 2017, ranked 43rd highest out of 207 countries. ( 42 other countries have a higher debt ratio % GDP )

    Regardless because of United States being such a large consumers market no one will let America go broke. Not even China even if they hate our guts. Why because its not in their financial interest.

    China gets a lot of attention for holding a big chunk of the U.S. government's debt and for good reason, given its rapidly expanding economy. China takes the second spot among foreign holders of U.S. debt with $1.07 trillion in Treasury holdings in April 2020, just behind Japan

    Japan is the largest foreign holder of public U.S. government debt, owning $1.266 trillion in debt as of April 2020.2
    China ranks second in total U.S. debt owned by foreign countries, with the U.K., Ireland and Luxembourg rounding out the top five.

    In effect they have a vested interest as your debt as it is their investment. So its not in their interest to let the American economy to collapse. What will happen is compromise between interested parties and US Federal Reserve imposing tighter fiscal spending to lower debt to GDP%. With the devalued US dollars makes manufacturing competitive then productivity growth will help also in lowering the ratio of debt to GDP.

    Kanacki
    BillA, Exhuminator and Phil like this.

  7. #22
    cr
    May 2005
    Drake, Costa Rica
    2,080
    3054 times
    Hola Kanacki, so your view wrt the dollar's demise is..... not now, because devaluation yields benefits.
    hmm, as we know - for the first
    hence the noise about "currency manipulation", the US wants to be first

    for sure China is a player and the west did their normal pillage and gave them a lesson, the dividends will now be observed
    in all areas the Chinese will work, hard, to improve their position (and who would not want improvement)
    hence the noise about "unfair competition", the US will not accept competition from an equal
    nor permit anyone to be an equal

    agree that China is totally invested in the present economic system, and they will participate
    agree also that China will not initiate any rupture as it is not to their benefit
    the US is presently attempting to derail and stunt the Chinese economy
    hence the recurring "genocide claims", yea "weapons of mass destruction"

    there is a pattern, am not so optimistic

  8. #23
    us
    Jan 2017
    Western ny
    equinox 800, Whites mx sport, Garrot carrot, bounty hunter time ranger
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    Quote Originally Posted by GoDeep View Post
    Imagine if you and your family were hunkered down after an apocalypse and looking at your food stores you had 1 months worth of food and some dude from Tnet shows up with the lost Dents run gold and wants 2 weeks of your food in exchange. Literally, one of those little single serving Salt and Pepper packs from Burger King would be more valuable to you then his gold.
    not to men like me.....i have all I would need minus some medicine stuff. I would be trading for gold preparing for the new economy
    T.C. and Phil like this.

  9. #24
    cr
    May 2005
    Drake, Costa Rica
    2,080
    3054 times
    Quote Originally Posted by Tpmetal View Post
    not to men like me.....i have all I would need minus some medicine stuff. I would be trading for gold preparing for the new economy
    Timeline?

    should a total break of the economy occur, or nuclear war, the population die-off will be vast
    farming for generations, would education survive? for how many generations?

  10. #25

    Nov 2012
    479
    424 times
    The day is coming, not to get too religious, but the Bible speaks of money being worthless and being cast into the street. Do I think its imminent, I don't know. We have had hard times show up before, and then it's gotten better. Word of advice to myself and everyone else; if things do improve and you start seeing ammo on the shelves again, you better buy a little each payday. I have a store of ammo but not enough to shoot on a regular basis and still maintain it. If you have guns, ammo, can hunt, fish, and raise vegetables and have access to water somewhere, you are better off than alot of people will be when the apocalypse does get here. The more rural you are, the better off you will be, just my opinion.
    Trezurehunter, T.C., Phil and 1 others like this.

  11. #26
    us
    Mar 2014
    Garrett AT Pro
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    Quote Originally Posted by eman1000 View Post
    Eventually unless something changes it's inevitable - downfall of our free market and inflation will eventually become a major issue. The National Dept is something like 28 Trillion and that comes out to about $223k per tax payer. Our Liabilities are already greater than our national assets so on paper we are already upside down.

    Either prices go up or you have to print more money - one of which delays the inevitable.

    In an end of the world scenario sure I would agree silver and gold are probably worthless, but in an economic depression or collapse of a single country anyone who isn't buying Silver and Gold now will be kicking themselves 20 years from now. I bought a couple rolls of silver 2 years ago at 16 and ounce or roughly 18.5 for silver eagles with the premium. I wish I had bought a lot more as we will soon reach 40 an ounce. IMO

    When I read about Hyperinflation in countries like 1920's soviet Russia it's hard not to see we are on the same path. We may not be printing new denominations yet, but we have new alloys of pocket change that is essential worthless and now one cares about. The Penny and Nickel cost the taxpayer more to make then they are worth and the vast majority of the population is clueless. I was actually educating a young man on this very topic today he didn't even know if a Silver Eagle was legal tender and he is our company accountant! Sadly we live in a world at the moment where values are calculated by credits, coins, gems, bitcoin, V-bucks or whatever other number exist in the cloud. It may very well be the future but the transition will be painful for the dollar at the very least.

    HH and pull all the silver you can still find!
    eman
    Reminds me of one the the original Twilight Zone episodes from the 60's. Crooks steal large amount of gold.....retreat to a secret cave where they had a scientist build hibernation chambers. When they wake up many years later they find the gold is a worthless metal.
    My AT Pro finds more 搕reasure?in a single hour than all of the treasure ever found on oak island...

    The oak island money pit is the longest running hoax in history...

    Resident De-bunker #2...

    The 1911...An elegant weapon for a more civilized age...

  12. #27
    us
    Jan 2017
    Western ny
    equinox 800, Whites mx sport, Garrot carrot, bounty hunter time ranger
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    Quote Originally Posted by BillA View Post
    Timeline?

    should a total break of the economy occur, or nuclear war, the population die-off will be vast
    farming for generations, would education survive? for how many generations?
    I do think it will recover to the point of gold being valuable/spendable within 10 years of any crash of the dollar, if not my daughter would benefit if i didn't live to see it. something like nuclear war could be different.

  13. #28
    us
    Jan 2017
    Western ny
    equinox 800, Whites mx sport, Garrot carrot, bounty hunter time ranger
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    Quote Originally Posted by jeff of pa View Post
    I'll Never Buy Organic or Free Range eggs I'm actually used to .99 for an 18 Count Pack of Large Eggs here . Jumbo used to be Cheaper.
    I've seen specially wrapped eggs in the Freezer with outrageous prices. No way ! they would have to be Proven to add 100 More years to my Life
    to get me to pay those prices for Eggs. I Normally avoid eggs over a Dollar. I Just may stop eating them.
    I Had 2 this morning along with an orange and hunk of bologna, instead of my Normal 3 , and bacon and toast,

    Purchased Oatmeal & Shredded Wheat for stretching the Dozen eggs to 18 Days instead of 6
    May do without Breakfast at times to make them last even longer.

    no idea how much milk rose, i never check and remember the price of milk.
    or cereals
    whats a medium meal at a bk or mcdonalds cost down there? with our minimum wage hike here in ny, a medium quarter pounder meal is 11$. just a few years ago it was 7 or 8
    jeff of pa likes this.

  14. #29
    cr
    May 2005
    Drake, Costa Rica
    2,080
    3054 times
    Quote Originally Posted by Tpmetal View Post
    I do think it will recover to the point of gold being valuable/spendable within 10 years of any crash of the dollar, if not my daughter would benefit if i didn't live to see it. something like nuclear war could be different.
    dollar only? possible
    but I think the dollar is fundamental for much international trade and US satrips, could collapse
    and to avoid any collapse.....

  15. #30

    Dec 2003
    Western Schuylkill County, Pa.
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    I would never be Fool enough to Buy into Gold at these prices.
    when it rises it's only a few pennies or dollars at a time
    and sellers charge a premium, and big buyers already take a discount, that makes those increases worthless.

    it's like buying used coins from companies like Littleton for an investment folio

    Name:  000ace.jpg
Views: 107
Size:  31.9 KB
    you got 500 Years to wait ?

    even silver is too volatile right now to purchase. should have bought when a silver dime was worth 25 cents

    anyone who bought gold in 1999 / 2000 for $300 was smart to purchase and hold on to it

    anyone who bought it recently will never see those increases
    Last edited by jeff of pa; Feb 26, 2021 at 09:36 AM.

 

 
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