Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
Joined: Sep 19, 2007 Posts: 1081 Location: Land of the Tongva tribe
Posted: Thu May 22, 2008 5:26 pm Post subject: Re: Surviving a Financial Meltdown
Twilight wrote:
Avoid investing in your employer.
I totally agree. If your employer starts doing bad not only does your job security diminish but so does your investments in that employer.
It is a double whammy.
Diversification is key to everything. Investments, friends, gardening, etc...
joeltrout _________________ ENERGY is the basis of our industrial civilization and sustains our standard of living. It is the foundation stone of our national wealth. A nation starved of energy.....will be a nation of starving people.
Joined: May 25, 2008 Posts: 2 Location: California
Posted: Sun May 25, 2008 7:45 pm Post subject: Re: Surviving a Financial Meltdown
Just joined. Long time poster on gold forums, gun forums.
Hoping not to offend, but tending to planning for extreme brutality. Why? It works.
China is the growth leader of the modern world. They got that way by shooting dissidents and stomping on personal liberties. My belief is that they intend to do the same to the US when they have finished us off economically and we are done buying crap and providing them with enough jobs via our purchases we make in the mistaken notion of "having to buy cheap."
I project that to the success and survival of Americans who NOW are far too complacent and accepting of government restrictions but lack the education and experience to know that it was not always "this way."
There used to be a chance for an American to start a new business or have a job that would support a one earner, one child rearer family and still have enough to buy a house and a car every 3 years.
I lived through times like that and don't expect to see them again.
I may conflict with many of you in believing that survival will depend not on rural living, but brutality in the extreme and an almost "warlord" control of primarily URBAN territory. Ruthless and prepared to loot to survive.
A rural property is a pushover for any group DETERMINED to have it.
In MY opinion.
I advocate investment in gold, silver, and guns. I retired from coin dealing and know the business inside out. Also pawnbroking and can guarantee you that the "needy" will do anything you could imagine to get what they want and will not hesitate.
I also advocate as much conservation as possible and an almost pathological compulsion to invest in anything that will pay YOU to own it. Dividend stocks.
I hope my drastic vision of the future is just a tinfoil hat, but from what I have seen the United States ....LOSE.... during my lifetime does not lead me to much optimism.
I hope your community can stand a gloomy, grumpy, old coot.
Posted: Sun May 25, 2008 9:31 pm Post subject: Re: Surviving a Financial Meltdown
Pyrite wrote:
Just joined. Long time poster on gold forums, gun forums.
Hoping not to offend, but tending to planning for extreme brutality. Why? It works.
China is the growth leader of the modern world. They got that way by shooting dissidents and stomping on personal liberties. My belief is that they intend to do the same to the US when they have finished us off economically and we are done buying crap and providing them with enough jobs via our purchases we make in the mistaken notion of "having to buy cheap."
I project that to the success and survival of Americans who NOW are far too complacent and accepting of government restrictions but lack the education and experience to know that it was not always "this way."
There used to be a chance for an American to start a new business or have a job that would support a one earner, one child rearer family and still have enough to buy a house and a car every 3 years.
I lived through times like that and don't expect to see them again.
I may conflict with many of you in believing that survival will depend not on rural living, but brutality in the extreme and an almost "warlord" control of primarily URBAN territory. Ruthless and prepared to loot to survive.
A rural property is a pushover for any group DETERMINED to have it.
In MY opinion.
I advocate investment in gold, silver, and guns. I retired from coin dealing and know the business inside out. Also pawnbroking and can guarantee you that the "needy" will do anything you could imagine to get what they want and will not hesitate.
I also advocate as much conservation as possible and an almost pathological compulsion to invest in anything that will pay YOU to own it. Dividend stocks.
I hope my drastic vision of the future is just a tinfoil hat, but from what I have seen the United States ....LOSE.... during my lifetime does not lead me to much optimism.
I hope your community can stand a gloomy, grumpy, old coot.
Your solution for dealing with the brave new world will fail when the first bullet from someone's gun, whose Liberty you tried to appropriate for your own, impacts a vital organ in your body.
Trying that crap here, where everyone is armed, will not get an aspiring warlord very far.
I have to laugh at Californians sometimes. After I lived in Los Angeles for a little while, I came away with the sense that the people there were utterly detached from reality and nothing has dissuaded me from that position in 15 years.
Posted: Mon May 26, 2008 7:00 am Post subject: Re: Surviving a Financial Meltdown
Hi folks,
I just discovered this forum.. have a question about water storage. I'm thinking of getting a couple of those blue plastic 55-gallon water tanks. Should I get a siphon pump with it, or have them install a spigot on the side of the barrel near the bottom... or both?
Posted: Mon May 26, 2008 7:55 am Post subject: Re: Surviving a Financial Meltdown
You can install a spigot yourself. Couldn't find my old post about that, but Google Mcmaster-Carr Inc., and industrial supplier in Chicago, and search for part number 4461T2. Current price, $1.72. It's plastic, and you just screw it in the small hole atop the barrel. Can order online, or phone 330-995 5500. They take credit cards, and no minimum order, but freight is maybe 5 to 8 bucks UPS, so look around for any other needs. They are the Sears store for factories. Welcome!
Try searching around in the Planning forum for water. _________________ Local fix-it guy..
Joined: May 25, 2008 Posts: 2 Location: California
Posted: Mon May 26, 2008 9:58 am Post subject: Re: Surviving a Financial Meltdown
GeoJap, wasn't Waco in Texas?
Don't think for a moment that a concentrated effort by a group can be fended off indefinitely.
It all depends on the motivation. And ...logistics. OUTSIDERS can resupply. INSIDERS better have a good exit plan.
That is a fact.
Now keep laughing at Californians. But keep the laughter directed at the misfits and failures that arrive from other states seeking Nirvana. Natives laugh at em too.
Posted: Mon May 26, 2008 10:49 am Post subject: Re: Surviving a Financial Meltdown
Pyrite wrote:
GeoJap, wasn't Waco in Texas?
Don't think for a moment that a concentrated effort by a group can be fended off indefinitely.
It all depends on the motivation. And ...logistics. OUTSIDERS can resupply. INSIDERS better have a good exit plan.
That is a fact.
Now keep laughing at Californians. But keep the laughter directed at the misfits and failures that arrive from other states seeking Nirvana. Natives laugh at em too.
True enough. If it does become the age of the warlord, we are all in deep trouble.
Posted: Mon May 26, 2008 7:52 pm Post subject: Re: Surviving a Financial Meltdown
What i cant under stand about P O
helleo im a new member. now id dint join or come here to argue and have debates with anyone. if you people begin to debate me or argue with me ill quit the site.
What im not able to understand about P O is that in the case of P O what impact would the slow trans to solar industries have. I see great rebate programs being done for florida new york california. slowly there is many houses going green. i would say 3 to 7 percent of the states are green now. Also what effect will bush leaving office have on the green revolution. also i believe in P O. but if you are able to grow alt energy fast enough to catch up the population wouldnt that begin to deflate the problem. Alot of what the web site says is true. But.?
no one has taken into account the exploding green market. i hear alot of talk here on po. about dooms day.
but i dont hear much talk about how to fix it.
i dont see.?
a place for oil once 20 percent of houses are on wind and solar. I dont see a place for oil once 20 percent of cars are electric.
new jersey already has 2 percent of houses on solar. I dot understand the humanity side of what you guys are saying for sure i do. Cause i grew up and live in nyc. and there isnt even 2 hours without me
getting into almost a near fight. And thats with our economy In Tact llloll....
but i dont see the techincal side of it.
if pannels and mills are going up everywhere. why would there be a need for oil. why would there be inflation.
and why would there be famine. if there are no energy costs. theres plenty of money for food.
and with catch systems. why would water be a problem.? im not debating P O at all.
but I am saying that green Can slow Down P O big time.
Posted: Mon May 26, 2008 8:45 pm Post subject: Re: Surviving a Financial Meltdown
taxi
alright potential problems in the the systems. well in my case i noticed that my generation Has a Obsrtuctionisim problem. They like to obstruct your pay checks lllolll.....
So what did i do. I became a nyc City taxi driver. I make 700 to 900 dollars cash a week. It has no state tax. No accountability. No possiblity of getting fired. And no customer service. And no gossip etc,.
all the silly crap this dopey generation uses To "can" you.
basically no Revenue obsrtuctionisim of any type.
It allows you to make uninterupted stream of cash. even in the worse of times. you always need to get around.
If you need more cash. you stay a little later.
So the first stage of P O has no affect on me. i dont think You could
become a cab driver When shortages hit in the emploment market
Posted: Mon May 26, 2008 8:53 pm Post subject: Re: Surviving a Financial Meltdown
however i am feeling P O lately i'm asking people to walk the last 5 blocks. i am starting to do that. Becuas they cant pay the surcharge and i cant waiste fuel.
Joined: Dec 26, 2006 Posts: 241 Location: Eastern Washington
Posted: Tue May 27, 2008 2:03 am Post subject: Re: Surviving a Financial Meltdown
Quote:
however i am feeling P O lately i'm asking people to walk the last 5 blocks. i am starting to do that. Becuas they cant pay the surcharge and i cant waiste fuel.
What are you trying to make manifest by posting with intentional spelling errors? _________________ "Those who long for exaltation look upwards, but I look downward for I am the exalted."
Posted: Tue May 27, 2008 4:34 am Post subject: Re: Surviving a Financial Meltdown
it's a bit annoying trying to get new information about
the survival of the financial meltdown
and reading something about water storage ( try "planning for the future") and the beliefs of a crazy gun owner (yes there is a topic for you as well!) - I'm very happy living FAR away from those gun fanatics, at least here it's forbidden.
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