Survialism: The New Chic?

Representative Weiner notwithstanding gold is a good thing to have in times of crisis. Times such as are being predicted across the political spectrum.  It is interesting that Weiner singles out Glenn Beck as the major offender when most very wealthy people use gold as part of their diversification plan for armageddon. Should inflation reach Zimbabwean or Weimar levels only hard assets will serve as legal tender. Paper currency will be worthless. Congressman Weiner would serve his constituents better by avoiding political tar and feathering and go after the London Bullion Exchange instead.

Most gold is traded on paper. This is the true scam; not Goldlline, not Rosland Capital, or any other advertisers. Many if not all investors in precious metals are traders hyping each other. As there is a finite amount of gold, or anything else except gullibility, What we have now is too much paper chasing too little gold. It turns out that many settlemets are done in cash. Inflated paper is all the customer gets. Now what?

There are many people hoarding food, other supplies, guns, and ammunition. They are planning for a time of great civil disorder. A time when power and fuel supplies will be spotty at best. Food, water, hygienic supplies, and other basics of life will have great value. As the political discourse in the USA deteriorates, and international terrorism gains a foothold here, there government will clamp down. Once that happens there is a good chance that chaos will ensue. How will the average person cope? Probably not too well, this will especially true in large urban areas. There will food riots, murder and mayhem. It won't be on TV for long as power outages will be the norm. The expectations of ordinary life will only be met sporadically, will IED"S take hold after the clamp down?

Stay tuned.