We are living in uncertain times!
In a world that depends on ‘cheap’ oil for any sort of economic stability, we should all be prepared for turmoil, disruption, and high oil prices
– which would ripple through all of the economy and hike the prices of nearly everything that we purchase and consume.
‘Muslim Brotherhood’ is staged and supported by elitists to bring about the Arab chaos, nation after nation
Crude oil will rise to $150 – $200 a barrel
U.S. gasoline $7 a gallon, economic destruction will result, prices skyrocket, dollar devalues
American economy in shambles, oil at or near $200, U.S. oil reserves in Alaska and Rockies will begin to be tapped
Food will be extraordinarily high priced
, people going hungry cannot afford food
New world currency will be ushered in to a desperate people who will accept it
China is entirely insulated from Middle East oil because of recent deal with Russia (now the #1 oil supplier in the world) to buy all the oil and
natural gas they want, they do not exchange in U.S. dollars
U.S. Dollar will be dead in 9 to 12 months, by end of 2012
Arabs will be double-crossed holding so much debt, Treasuries, extreme Arab anger at U.S.
How can we be prepared?
A good preparation is to leave yourself enough margin in your budget to absorb these things. Reduce your debt. Do not add new debt. Be nimble,
adaptive, and resilient. Be frugal. Prepare for the worst, and you will benefit peace of mind
If this information turns out to be anywhere near accurate, then we are headed for some very serious trouble.
We constantly ‘preach’ here to buy extra food and supplies to have, just in case. Don’t be caught short. It is insurance. You will consume these
supplies anyway, over time, and they will most certainly cost more later on.
FOOD STORAGE is one way to hedge off inflation, that and gold. Following are more informative ways to protect your families.
The Wall Street Journal entitled Load up the Pantry. He makes the argument that, financially speaking, you are more likely to get a better
“return” on an investment in nonperishable foods than on money in the bank. You can get at best 3% in a (good) savings account or CD, and food
prices are rising more than that. Higher food prices are likely over time because of increased demand in Asia, and higher fuel prices. Did you know
that fertilizer is a petroleum product? Fuel is also used in tractors, and to transport food to market. Even though gas prices have come down slightly
recently, they are likely to continue to go up over the next few years, and that leads to higher food prices.
I was very surprised to read this argument from someone in the mainstream media. A few years ago, only a kook (or a Mormon) would have argued that
people should store food as an actual investment. Times certainly are changing quickly. I’m of Christian faith but the Mormon’s have all these
bases covered and some of their sites teach people how to preserve their food for long tern storage. Who knows I may convert to a Mormon. They know
how to care for their own. I admire that.
I’ve been reading the explanations of different economists to try to figure out what is going on with the economy, and to figure out how we should
deal with our household money. Economists give advice about investment ideas to fight inflation. Some are recommending investing in precious metals,
foreign currencies, commodities and so on. However, all of these investments are more risky than just buying your future needs now. If you will use it
someday, buying food and other future needs now is a very low-risk proposition.
Food storage protects our families in many ways. Not only is it useful in times of disaster or job loss, but it can also serve as a hedge against
Here is my previous Survival Thread with many helpful tips on how to Survive the upcoming crisis.
How to Keep your Butt Alive
When we see Gold jumps to numbers never seen we can expect inflation, if not hyperinflation is soon at our door. Don’t ignore or think things are
fine, they are not and will only get worse. The cost of gar alone will cause inflating food costs and other products and supplies. Delivery costs will
triple soon, which is always passed on to the consumer.
There are many other good survival links besides mine; you might check those as out well. ATS is overflowing with Survival techniques. We must also
consider a huge increase in crime from desperation and the need to feed kids.
Any help is appreciated, should we use the bank of mattress?