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Millions have been warned


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#1 nimblebear

nimblebear

    Welcome to the Dark Side !

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Posted 13 July 2013 - 05:43 AM

GOTS = Get out of the system.

The US dollar based financial system. This time around after 2008, there are going to be far fewer options for it to be " rescued."

After Bernanke did a total 180, with Renewed dovish comments, within hours after the now infamous " taper " speech, it was then I truly realized that the imperative now is truly to get out of this financial system, and to prepare as best as humanly possible for a collapse of the dollar.

At this present time, it's hard to visualize this. However, to me the clearest sign of this, is stocks continuing to rise, as people know the dollar is going to plummet further. Along with that, layoffs will increase markedly, and perhaps exports will look promising, but the wage situation is going to force a fairly dire set of consequences on a very large swath of the American middle class, who is not just the driver of this economy, but also the global economy. China is feeling that pain most acutely now, and bilateral trade and currency agreements are not going to help it anytime soon.

Golds movement to the east is in full swing, and those forces cannot be stopped. It's akin to sucking the structural steel out of a standing skyscraper, and expecting it to stand once the winds begin to blow.

Diversify as much as you can in all aspects of your life:
1. Fuel - diesel, gasoline, and even some electric powered transportation.
2. Multiple places to live as needed - even a wholly owned cabin somewhere might not be a bad idea.
3. Multiple water sources, including filtration methods.
4. Multiple banks, and only as much cash in them as you are prepared to lose.
5. Multiple food sources, and not total reliance on the nations trucking system to obtain your food. Storage of some sort.
6. multiple home power sources.
7. Multiple home heating sources and fuels.
8. Multiple water heating sources. Beyond just your gas or electric water heaters I might add.
9. Multiple sources of income, beyond your day job or day trading, or "investment" income
10. multiple currencies, and perhaps even some cash stored off shore in banks that are non US or non European based.
11. Multiple languages spoken. Now wouldn't be a bad time to buy that Rosetta course on Mandarin and at least take a stab at learning an Asian based language.
12. Multiple countries of residency.
13. Multiple forms of security that go beyond just your front door being locked and deadbolted. Security cameras aren't a bad idea, and neither are firearms, and a couple of guard dogs along with yard perimeter fencing. ( if or when Zimmerman goes free you'll begin to understand why I'm saying this. No one will be safe from riots. No one.)
14. Multiple groups of friends who don't know each other, but ones you know you can trust to a certain extent.
15. Lastly, it's just a general statement, but thinking of ways you can diversify your entire life as much as possible. This can include multiple ways of getting to your place of employment, if by car, in the event major arterials are blocked, ways to get to the train station, if it's a train you rely on, and making sure your bike or other form of transport is "weatherized" to handle all seasons if that's one additional way to get you to work or to the train station. Perhaps even belonging to multiple parishes in your chosen religion, or places of worship. The reason I suggest this type of diversification, is that you may find the people you thought you could trust, the friends, the communities, can all change mindset or become highly erratic when under extreme duress. This could be no doubt financial duress, persistent jobless duress, food shortage duress, fuel shortage duress, and so on. I anticipate these type of stressors to increase by multiple levels beginning 2015, perhaps sooner, but most likely before Obama is out of office.

The link to the below article might be worth a read, as a very sobering view of our actual situation here in the US. There is no hysteria about any of this folks. By the time the real exodus from stocks actually occurs, much of the above diversification will likely prove to be useful. Stocks will rise inexorably, and be part of the deception taking place, that will prevent many from realizing they need to do what I mention above. Don't let the rise fool you.

http://www.zerohedge...k-market-exodus
OTIS.