Added: 2 months ago
From: TheLordHumungus
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  • what will be valuable in 2012... if you watch the commodity markets you would know that the price of corn is going down.. and the price of soy is skyrocketing.. check the S&P... and its sucks because ALOT of items contain soy or lecithin.. which is soy..

  • Food, seeds and bicycles.

  • Comment removed

  • @Nashcountryboy

    you can't eat matches fuel or batteries either.

    Gold and silver has a specific purpose, just like batteries, fuel, and food.

  • @Nashcountryboy LOL same ole' drone response.

  • just watch that a car , even the most expensive ones are shit for gold with out one thing "gas" is gas is rising like the way it is in NY in the triple digits for a barrel of it there is no way that you could support your self and the car. And even any1 says "electric car" im gunna jump through your screen because there junk at people just buy them and think there saving but there e-bill comes like 500$

  • well im thinking that wealth will be gold, silver, lead, copper,toilet paper,food,land,labor,firearms and ammo for the food i am raiseing chickens that way i will have eggs and the extra roosters can go for meat birds im sure that fertial eggs will bring in top prices cause you can hatch them out and have your own chickens or eat the eggs

  • Thanks for the great video response!  Sorry it took me a while to approve it.

    Some good quality answers there and a very grounded approach - thanks for the insight.

  • @rickvanman

    Thanks!

  • TLH-

    Nice! You are definitely thinking outside the box-way outside the box! You have it down so right IMO! Thanks for this vid-I just hope it wakes people up!

    prankster

  • Yep, food, water, guns, ammo, gold, silver, etc... These things provide the basis ofr living, eating, paying bills, paying for fuel, and maintaining an acceptable existence.

  • I work in a Pawn Shop in Texas right now its Guns and Gold/Silver. We havent started on canned food yet but give it time.

  • Water filters and food.

  • gold will continue to rise as well as the euro and dollar plummiting

  • no by "paper" i mean paper as tree paper......come the collapse metal workings and extra un needed jobs will be abanded..... in my opinion the things that we use everyday will be treated like gold such as soap and tooth brushes and other hygenic needs

  • @noufri7

    Yeah paper, wood, metals, minerals, oil, gas, labor, food, water, land. All wealth is based on these things.

    Stuff like stocks and bonds only ever served as a convenient way to represent ownership of these kinds if true wealth. In recent years people have started to look at these vehicles as being wealth in and of themselves; but they aren't.

  • BTW - Your silver dump inspired my wife and I so much! We've been savin' up in the silver department like mad lately. It's pathetic compared to yours but our first 'goal' is set at 100oz. Were actually gettin there pretty quick. Funny how when you actually change your way of thinking and living how much you start to save. Keep it up brotha. -PappaClan

  • Humungus... I agree w/ the dollar will temporary strengthen... but what do you think prices with silver and gold will be around then/post? Do you think it will go back to the 200yr average of 37:1... or higher? You think gold will drop and then silver raise slightly to moderatly or gold stay/slightly raise with silver soaring? I hear there isn't nearly the amount of above ground silver as there is gold in addition to the demand for silver, making me think silver will soar. Just kinda curious!

  • @ThePappaClan

    Hard to say. I think long term (next couple of decades) will see silver moving closer and closer to parity with gold, with both going up.

    short term though, we could see lowering or stagnant prices because of debt De-leveraging / depression. Until there is significant currency crisis, then the 'price' could explode.

    I am using silver and gold as savings, not investment though, so I am not that concerned about the 'price' in the short term.

  • Good points!

  • I am collecting more debt even as I stock up on food. If it all collapses, then I will pay back all my debt with their worthless currency. I will sell you a can of peas for $100. lol.

  • @darbone

    I don't think that's a good idea. Hopefully for you it works out that way. If it doesn't this decision could affect you for your entire life.

  • @TheLordHumungus

    So here's a question. What if instead of creating more debt, I pay off as much of my student loan debt and mortgage with the few thousand I have "hidden under my mattress." Of course, then I'll have little nest egg left. I know you're not in a position to give professional financial advice, but I'd hate to lose my shirt and still owe debt. For whatever reason, I just can't bring myself to invest in silver.

  • @ThirdLittlePiggy I understand.. but, you may regret it later.. Debt won't mean squat when hyper inflation hits. The Fed can't hold interest rates at 0 forever. When the Fed starts raising interest rates, game over.. Your Student loan and your Mortgage should be on fixed rates. So they won't go up. What you should be working on is your credit cards and all revolving credit(if you have any). Those will sky rocket. If you have extra money buy food, silver, gold, ammo, etc..

  • @ThirdLittlePiggy that little nest egg under your mattress will be worthless. Google Zimbabwe, Argentina, and Weimar Republic. We are duplicati exactly what they did. And really think about it... it's very important to your family that you understand what happened to those countries... It's a new world now...

  • guns, silver, gold, food, family, friend, tools, fuels stored, garden and gardening tools, alcohol.

  • in my opinion its going to be paper, gold, copper and silver

  • @noufri7

    what kind of paper? I feel that the dollar with temporarily 'strengthen' as the euro continues to die, but that strength will only be temporary.

  • date mistake in title.

  • @islandprepper

    ha yeah thanks I just caught that.

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