Lets talk about "savings"..... I know someone that has $100,000 in a bank and he feels very "safe" and is getting 3% interest.
Now then......he is getting 3% and inflation, according to uncle Bush, is 3.5%
(in reality is 16%) so that right there this guy is loosing money, also he could invest it in something safe that would pay a return..... loosing twice.
What to do?...... because I am a "survivalist" that's the way that I think all the time.
Invest in food.....say what? food only sits on the shelf and do nothing.
Oh yeah?.....let me tell you, you could buy a Can of Chile Con Carne for $1.00 and in two months it goes up to $1.25, right there you made a profit of 25% but you also bought it when they had it on special for 0.75 cents so that in your future you already made a 50% profit.....let's say now that TSHTF and you need something that someone has and he is willing to trade it to you for your can of food.....right there you made many times over your original investment.
And do you really think that this guy's $100,000 is safe in the bank? YES YOU SAY, the money is insured for up to $100,000 dollars.....well, I got news for you, if everything goes down at the same time there is only 0.02 cents for every $1.00 dollar deposited...... and besides that, how much do you really think that the fiat will be worth?.
Remember Germany?, Brazil, Rhodesia and so on. "If you don't hold it, you don't own it"... Ponce
__________________ "When the truth comes into the light, the lies will hide in the dark"... Ponce |