Sunday, July 29, 2018

real precious metal 3 of 3


REAL PRECIOUS METAL 3
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I ended yesterday with “Essentially, you have to give up on the concept of wealth.  That is tough for most, given the last hundred years of extreme surplus we had the option of investing in the growth of wealth.  NOT a historical norm”.  I think this deserves its own article, because while we might have checked off the box “we’ll return to the Dark Ages” on your apocalypse research, you have no context to adequately judge that statement.  It is like telling a fish that water exists.  You are right, but the fish cannot conceive of what you babble.  I mean, come on!  He is a fish.  His brain isn’t exactly Einstein material, and he smells like unwashed crotch.
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Even if you’ve been homeless you cannot conceive of there not being excess wealth.  Homeless guys live above Turd World Standards off of the trash we don’t even value any more.  What else do you want as proof that even today we still see the ability to grow wealth?  Granted, most people cannot see that, either.  They cry about income inequality ( as much as I like the general mindset of Chris Hedges, some times his PC libtard posturing annoys the crap out of me ) but they don’t do anything to recognize that in our society you don’t need much income anyway.  You are only poor if you follow the China-Mart lemmings over the cliff.  If you spit on car ownership and rent, despite the difficulties, and look at debt as incarceration, you’ll do just fine.  There is still enough surplus for that lifestyle, just not the SUV/McMansion one.
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Yeah, you’d better feel bad.  You should be able to prep AND invest in wealth preservation even if you only work one day a week on minimum wage.  THAT is what junk land and lack of a car buy you, by the way.  That is how bad the system is gamed against you.  Sure, you get “value” for the other four days a week you work to buy “necessary” items.  Unfortunately everything you buy with that are the industries where true inflation is showing up.  $25k for a USED car, with 70k miles on it?  $20k a year college educations?  Houses under $200k selling like hot cakes?  Wow!  If that is “value”, I want nothing to do with it.
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So, because even right before the collapse there is still the ability to generate excess wealth, even for the poor ( you don’t think silver isn’t worth at least several hundred bucks?  Historically, prior to the Carbon Fuel Age, it was.  That wheat isn’t worth at a minimum one hours wage a pound?  Is used to be, before insanely high energy dense oil was turned into food ), you really cannot wrap your head around the fact that excess wealth was rare, even for most heads of state ( the minor states, those without colonies ), for most of history. 
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Most of us should be happy to have enough ammunition and food for the apocalypse.  That too isn’t normal.  Historically it wasn’t always easy having enough of both nitrates for the soil and for ammunition.  Colonialism was in large part about mining the deposits of the nitrates not available locally.  Without quality colonies of any great magnitude, Germany had to turn its coal into food.  Britain did much better stealing the oil it needed to do so.  Five hundred years of colonialism was essentially about little more than who had the surplus food.  And yet for all those centuries of war and famine, slavery and genocide, we look on our surplus food as a God given right and all that it means to be ‘Murican.
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Yet all that surplus food was a form of mining, just as it had been for every empire and civilization ever.  Mine the soil and resources to win the population race to win the war.  Even our colonization efforts were about winning excess food.  First for tropical deposits of nitrates ( hello, Puerto Rico and Philippines ), then to control the oil that became nitrates.  We constantly had to expand to keep up with the soil depletion.  Now, soil is basically nothing but a sponge for artificial fertilizer ( besides, even if the soil is dead, the field is conveniently located under the sun ), eating our oil.  Historically, food is no where near as trivial as we look on it as.
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I expect the average bear to see excess surplus as a normal state of affairs.  I also expect that loyal minions know far better than the average idiot out there.  If you don’t have one gram of silver, that should not bother you in the least.  If all you can afford is long term storage food and ammunition, you are already far ahead of the historical norm.  You must risk your life just keeping those items safe and sound.  But at least they have a tangible worth.  Defense and calories.  What is gold and silver?  One of the few non-modern cultural truths across the globe ( some others would be “women and children first”, “incest taboo”, and “proper gender roles” ) is that gold and silver are universal trading chits.  In and of themselves they are just pretty sparkly trinkets.  It is only in their trade value are they worth anything.
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But food and ammunition IN HAND are far more valuable than the money that can buy them.  Even in good times, because once delivered the utility value is instant and isn’t effected by supply and demand in the future.  Not that I’m saying silver and gold are not constant in their value.  They are.  They always have the same purchasing power.  But if the crop fails, and there is no food to be had for sale, the food is priceless at that time.  Gold and silver only hold the advantage as a Bug Out Bank, or when there is no resource contraction.  During normal times.  Not during violent upheavals, except as the escape thereof.  Unless your escape destination is low on food also.  Oops.
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Precious metal cannot always be used in trade.  That is its downside.  Its upside is that is will always return to its store of value.  That just doesn’t always help you out when you need it.  If you are of limited means, the translation being “you can’t always get what you want”, you get to choose between concrete needs or abstract wealth that isn’t always liquid.  The poor must cut out middlemen.  The poor grow their own food, they don’t buy it ( historically ).  They build their own home-they don’t pay someone to do so.  And they have what they need so that they don’t need a currency unit for buying those items ( barter is extremely inefficient.  So is peasant farming.  But that inefficiency also buys redundancy and safety.  Barter does away with needing trading chits ).
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The poor don’t need wealth.  They cannot have it, so they don’t create a need for it.  If you are “poor” ( relatively speaking, obviously ), you need to bypass the need for future wealth.  Granted, stockpiling isn’t as good as manufacturing, but for most of us it will have to do.  If you can eliminate the need for stored wealth, by already possessing what that would have bought, you insulate and protect yourself.  Now apply that to all you own or want and seek that to the best of your ability.
( .Y. ) 
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27 comments:

  1. Yes. Good example of the term bug out bank. Those precious metals may only be useful in very narrowly defined roles. Farmer Brown cannot trade any surplus food items to you for those silver coins as it is useless to him. He needs diesel fuel, fertilizers, livestock meds or feeds, etc. And those sources dried up or are corporate and won't take anything but dollars. The new regime in power may dictate to citzens all commerce must be conducted in the gov't issued currency or else. Saddam Hussein cut hands off of people using dollars in I raq as an example. Don't get overly sexually aroused by shiney metals the way you do with your AR15, it is unhealthy behaviors.

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    1. The way the courts seem to be favoring the AR right now reflects less on Trumps MAGA than the fact the elite don't much fear your puny Earth carbine.

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    2. Correct, microwave beams from aerial drones bubble your organs and burn the sexy carbines right out of your hands. Freefor fighters will be scattered about on the ground like dead bugs. It will be operated by a pimple faced video gamer working in a conex box drinking mountain dew.

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    3. Free AR's? Just follow the crows.

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    4. I don't know about following the crows - crows are tool users, and ARs are just the sort of tool a crow could figure out how to use a couple times to get PLENTY of food....

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    5. Crows are very intelligent. Too smart to want an AR :)

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  2. Funny you mentioned the 20k used car, I am in the middle of writing a book and am in the middle of the transportation chapter of it where I made much the same point.

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    1. Please keep me appraised of book. I'd be interested. And I can shrill it for you here if desired.

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    2. When I get done with it, I will send you a PDF. I could use a proofreader if you don't mind doing it.

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    3. Just keep in mind how well I proof-read my own stuff :) Happy to do so, unless it is a few thousand pages. Or full of bible quotes. I can't read that "verily" and "thus begate" type of stuff.

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  3. Book of Eli:

    https://www.youtube.com/watch?v=ukiZwQMGLm0

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    1. Overrated for PA even if DW is great in everything he does.

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    2. But that clip makes your point.

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    3. Okay, I'm guilty. I spouted off and didn't watch the clip.

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  4. As long as you have enough precious metal to pay your property taxes, you should be okay (I’m assuming that the fine folks at the Elko county tax commissioners office, will not accept barter). I took out enough cash to pay my taxes for life, including the taxes doubling every few years. My mistake however was not taking it out in silver, so at some point I will need to convert that cash to silver.

    That aside, food, clothing and shelter, are all that you need (plenty of reading material might be optional, unless you do not consider your sanity, or loss of, from extreme boredom, to be optional).

    I think that most people today would never consider breaking free from the chains of debt, and will always buy more car and home then they need. The thing is, even if most wanted to, our society, with its current zoning laws, would never allow for such a low cost option, minus the many codes and permits currently required. One time I looked into building a cabin on my West Point Kalifornia property (probably most famous for being the home of moon landing conspiracy godfather, William “Bill” Kaysing, for a spell). I was going to be paying $20K plus dollars just to start, before even pounding the first nail. I said F it, and built a 120 Sq ft, non-permitted cabin, which was the largest you could build before needing a permit.

    When I was younger, I went out and financed a few newer cars (Never brand new) and what a mistake that always was. At first, it was pretty cool. But inevitably, after a few months, when that new car infatuation wore off, I would be thinking to myself: “Yeah, it’s cool and all, but now I have this massive payment to contend with every month, and the car really isn’t all that cool after all.

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    1. Be thankful for living in a state that allows "under X sq. ft." hovels. Some places are worse than Cali, believe it or not.

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  5. I completely agree that buying a new anything should not be your first choice. Buy used and pay cash or do without till you can. Debt is slavery-pure and simple. Research for yourself and don't just take someone's word on whatever it is. Experts are usually full of shit. Assess the situation and choose your own response. Do not "group think". The herd is a herd for a reason. OK, I'm done.

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    1. Mostly true but I wouldn't buy a used gun unless you are buying a paperless unit. Otherwise the price is too close to new and doesn't take into account wear and tear.

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    2. I seldom think about guns anymore. I have never owned a bucket of wheat either. I worry about being poor so I have gold and silver and real estate. We all are slaves to whatever we fear.

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    3. Truth. I've been hungry. Not bad, and the anxiety was worse than the pains, but not a place I want to go back to. I just happen to embrace poor to plan around being hungry. In theory.

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    4. “I seldom think about guns anymore”...🤔. Just struck me funny. I love to shoot. I love everything about it. “I wouldn’t buy a used gun”...🧐. For real? I thought your go to was a surplus rifle? Never mind me...carry on...

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    5. Sorry, I meant new manufacture. Surplus is another matter, by definition only affordable used. The "new", unissued, surely a kings ransom.

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    6. Anonymous 6:32 I have a small arsenal and plenty of ammo. But guns are not as important to me as they once were. I was awarded a marksmanship ribbon in 1970. 48 years ago! I would rather collect coins and work in my shop now.

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  6. Anonymous July 29, 2018 at 10:43 AM mentioned using gold to pay taxes however Gold may be worthless for buying anything in the future. As the USA converts to socialism, I fear the government will ban the holding of gold and other precious metals forcing everyone with precious metals to turn them in for paper dollars like they did in 1933 under Roosevelt’s executive order.

    Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States".

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    1. We all understand we might have to cash in the silver on the black market to pay taxes. Sure, you lose value. It is that or hyperinflation which is worse. The reason the law was complied with back then was we were a homogenous tribe. Not even close to today. No more trust in gov.

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    2. Sorry but I have to respond to this as well. unlike 1933, the whole world is involved this time. All current currency is fiat currency backed by nothing. Gold has been considered valuable since ancient times. Silver was used as coins thousands of years ago. Gold and silver will ALWAYS have some value, why else would Big brother want to confiscate it?

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    3. They didn't care while dollars were backed by oil. Now, they probably won't care just because there is so little in private hands. If they outlaw, it will just be like drugs-a way to control us.

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