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What Do You Need to Survive?
February 25, 2008 “Forewarned, forearmed; to be prepared is half the victory.” ~ Cervantes Ask yourself: what do you personally need to survive in case of an economic meltdown, in case of sudden hyperinflation, a global resource blockade, a sudden declaration of martial law--or a simple nuclear exchange resulting in national panic? I’m sure readers at STR have given serious thought to the question, especially in the present time when our political leaders appear to have given so little serious thought to the consequences of their actions and what those actions do to the average citizen. What do you need to survive? Money, you say? A handy supply of cash and a fast car to rush down to the store and amass more supplies? Suppose your friendly grocery store is already besieged—or empty—when you get there? Suppose your paper dollars are declared worthless under a new martial law? Suppose—worse case scenario--gold is declared illegal to own, as it was under friendly old FDR. Suppose a limited nuke strike and a resource blockade in the Strait of Hormuz (Day One - The War With Iran) causes prices of everything to skyrocket and hoarding to occur on a huge scale? Take a quick look in your pantry. If your cupboard is like mine, we both have, maybe, a week’s worth of grub. Suppose a can of Bush beans is suddenly no longer available at $2 but $20, while a 10 lb bag of rice is now $100--if you can get it. The US economy is in a freefall, resembling that slow motion film footage of the airship Hindenberg, crashing into a massive fireball. Okay, maybe not yet that bad. Not yet. But a five-year graph clearly indicates the US dollar descending like the backside of the Rockies versus other currency. You know the dollar has a problem when the Philippine Peso outperforms it. Not to mention gold and silver, platinum and copper. You know the US dollar is in trouble when a pound of copper pennies (pre-1982) is worth more than $3 and federal law prohibits you from melting them down into ingots and using them as legal tender. A friend of mine who subscribes to SEVEN mainstream “news” magazines is heavy into stocks. Too bad: those magazines only seem to tell readers what they want the subscribers to know. Not what occurs in the real world or who are the guys behind the curtain pulling the levers. In the past seven years, during the Bush imperial junta, stocks have fallen and the US dollar has plummeted vs. ALL precious metals. Gold went from around $230 an ounce to nearly $950 today, while silver (poor man’s gold) went from around $4 to nearly $18 an ounce now. Aside from Alan Greenspan, the Wall Street Journal and the millions of regular readers of the MSM, everyone on the Internet seemed to know precious metals would rise. Seriously, I knew it four years ago (Buy Gold--Before They Sell Out), and I’m no economist. Simply on the huge indebtedness of the US dollar, and the worldwide loss of confidence in US leaders, gold had to skyrocket (Naturally I bought no gold). Rule #1 in the con game of fiat currency: People must have confidence in the con of paper money, otherwise confidence ebbs, and the con is over. So aside from a small, convertible amount gold and silver, what really does a man, woman or family need to survive? Thoreau asked that very question in Economy: Walden - Chapter 1-A. “It would be some advantage to live a primitive and frontier life, though in the midst of an outward civilization (italics mine), if only to learn what are the gross necessaries of life and what methods have been taken to obtain them; or even to look over the old day-books of the merchants, to see what it was that men most commonly bought at the stores, what they stored, that is, what are the grossest groceries . . . The necessaries of life for man in this climate may, accurately enough, be distributed under the several heads of Food, Shelter, Clothing, and Fuel; for not till we have secured these are we prepared to entertain the true problems of life with freedom and a prospect of success.” Food, shelter, clothing, fuel and also a source of income, both spiritual and monetary, to entertain the true problems of life with freedom and a prospect of success. As STR readers know, that ONE chapter of Walden stands the |