What things will be valuable in 2012?

My response to RIckvanman's question about what things will be important and valuable in 2012, which is the year I feel America will lose its illusions.

Rick's video: http://www.youtube.com/watch?v=X9V3u8QxyDI

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• 2012
• financial
• collapse
• economic
• martial
• law
• bank
• run
• apocalypse
• currency
• crisis
• credit
• crunch
• depression
• inflation
• deflation
• gold
• silver
• real
• money
• prepping
• preppers
• self
• sufficiency
• LORD
• HUMUNGUS
• RULES
• THE
• WASTELAND

[rickvanman]

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.

[TheLordHumungus]

@rickvanman

Thanks!



[noufri7]

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

[TheLordHumungus]

@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.

[ThePappaClan]

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!

[TheLordHumungus]

@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.

[RockyMountainPrepper]

@Nashcountryboy LOL same ole' drone response.

[MrBigstef]

Food, seeds and bicycles.

[TheLordHumungus]

@Nashcountryboy

you can't eat matches fuel or batteries either.

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

[noufri7]

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$

[geraldb4201]

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