I recommend "junk silver". Not only is it a store of value, it is able to function as a currency too. Hard to trade fair market value of an ounce of gold for some groceries.
By LOTS of brass and lead. Cash, silver, and gold will be worthless when the world goes to crap. Make sure you know how to garden (practice now if you don't), know how to preserve it without electricity. In other words, learn how to live like your ancestors did before electricity came along. If not, you may as well go to your F*MA camp now.
I agree. Have you used geothermal to heat/cool a makeshift green house? Being in a cold climate that would be one way to avoid the electricity issue? Thoughts?
Has Venezuela collapsed? I don't think so. We're talking about an ENTIRE GLOBAL COLLAPSE. What are you going to buy? There will not be any stores and people are not going to sell what little food they have tucked away. Without brass and lead you'll just be supplying someone else soon after the collapse.
So glad - to not feel all alone - with this impending impact. TY Greg, at the helm and to all you Lions & Lionesses. We will survive together! And help others along the way. Heaven help us all when this teeters over and off the cliff. 🙏
Greg, you’ve stated the debt market implosion and financial market meltdown is coming many times. But what are the specific actions a regular working class stiff should be taking at this time? Thank you
Thanks Greg, I understand the prepping and watching the MMRI which will give us an indication of what’s to come. But what are the specific moves with our cash? Thank you
Hold steady, be patient. Put some cash in your hand and convert some to metals. Watch what is going on. Store some food and some ammo. Practice your shooting and your self-defense. Garden like it counts. Find like-minded folks and repeat, helping others along the way.
Greg you've always painted a good picture of the Macro environment. Watched you for many years going back to your cnbc days with Mike Pento. There is only one answer to all this. Jesus the Christ
Well written. You are quite the wordsmith. The essay is scary as hell ! Regrettably most people will just be deer in the headlights. Sheeple in Slavelandia.
What do you mean by reverse ETFs? I'm following the commodities ETFs that Greg recommended (haven't bought yet) but with those you are right--when my stocks go down, those go up.
Reverse eTFs go up when the underlying stocks go down. The most general ones are DXD for the Dow, SDS for the S and P 500, QID for ther QQQs, etc. There are also ones for specific industries. If you want to know some for certain industries let me know. When you have the normal and reverse one you can trade them back and forth - the reverse one when the market goes down and the regular one when it goes up.
ANYTHING outside of the Fed's hands is a GOOD thing. Unfortunately because most people will not act or respond in time, these political parasites will get their way. People in the US are too apathetic and compliant, they will do anything they are told in time of crisis. This is how a country dies,...............it's sad but it must come to pass. Read your Scriptures to find out how it happens. It would be best to read the entire book but if you skip to the last chapter of Revealtion, you will see how it goes down. Rev 16:12 is in progress NOW !
Troubling times, that is for sure! Hard to know what direction to go. Not feeling secure at all in any direction. The question is no longer what it is but when it is. :( Not good at all. Thanks for sharing.
Is today a good day to convert cash to gold and silver?? I’ve seen metal prices being low
I recommend "junk silver". Not only is it a store of value, it is able to function as a currency too. Hard to trade fair market value of an ounce of gold for some groceries.
What about lone rangers silver?
Silver is silver. Just my opinion. If never use a half dollar as .50 cents..if currency was still being accepted right ?
By LOTS of brass and lead. Cash, silver, and gold will be worthless when the world goes to crap. Make sure you know how to garden (practice now if you don't), know how to preserve it without electricity. In other words, learn how to live like your ancestors did before electricity came along. If not, you may as well go to your F*MA camp now.
I agree. Have you used geothermal to heat/cool a makeshift green house? Being in a cold climate that would be one way to avoid the electricity issue? Thoughts?
Has Venezuela collapsed? I don't think so. We're talking about an ENTIRE GLOBAL COLLAPSE. What are you going to buy? There will not be any stores and people are not going to sell what little food they have tucked away. Without brass and lead you'll just be supplying someone else soon after the collapse.
Everyday is a good day to buy PM's if you can afford it.
Thank me later.
My question is where are you going to "convert" ?
Like SLVR on an exchange?
So glad - to not feel all alone - with this impending impact. TY Greg, at the helm and to all you Lions & Lionesses. We will survive together! And help others along the way. Heaven help us all when this teeters over and off the cliff. 🙏
Greg, you’ve stated the debt market implosion and financial market meltdown is coming many times. But what are the specific actions a regular working class stiff should be taking at this time? Thank you
Watch the MMRI....
Thanks Greg, I understand the prepping and watching the MMRI which will give us an indication of what’s to come. But what are the specific moves with our cash? Thank you
Get your cash OUT of the bank and/or convert it to PM's.
Whatever you do, make sure YOU hold it.
Hold steady, be patient. Put some cash in your hand and convert some to metals. Watch what is going on. Store some food and some ammo. Practice your shooting and your self-defense. Garden like it counts. Find like-minded folks and repeat, helping others along the way.
expect the dow jones to double (or much more) before we see a crash.
Hi. Greg recommended Alaska Prepper for practical tactics, in a video about a week ago. I checked him out. Pretty good. Here's a link.
https://www.youtube.com/@AlaskaPrepper
Absolutely freaking brilliant!
Greg you've always painted a good picture of the Macro environment. Watched you for many years going back to your cnbc days with Mike Pento. There is only one answer to all this. Jesus the Christ
Ponzi scheme.... The masses can't even understand the concept, don't interrupt them as they stare at their smartphones 24/7....F'n Zombies
My bank is in my safe. I am good.
AYE CHE WOWWA
And again,
TY💥
for the links (Jay Martin was unknown to me).
Well written. You are quite the wordsmith. The essay is scary as hell ! Regrettably most people will just be deer in the headlights. Sheeple in Slavelandia.
It is interesting that so few people look at reverse ETFs. They go up when the market tanks. They are easier to trade than selling short.
What do you mean by reverse ETFs? I'm following the commodities ETFs that Greg recommended (haven't bought yet) but with those you are right--when my stocks go down, those go up.
Reverse eTFs go up when the underlying stocks go down. The most general ones are DXD for the Dow, SDS for the S and P 500, QID for ther QQQs, etc. There are also ones for specific industries. If you want to know some for certain industries let me know. When you have the normal and reverse one you can trade them back and forth - the reverse one when the market goes down and the regular one when it goes up.
🎯🎯🎯
ANYTHING outside of the Fed's hands is a GOOD thing. Unfortunately because most people will not act or respond in time, these political parasites will get their way. People in the US are too apathetic and compliant, they will do anything they are told in time of crisis. This is how a country dies,...............it's sad but it must come to pass. Read your Scriptures to find out how it happens. It would be best to read the entire book but if you skip to the last chapter of Revealtion, you will see how it goes down. Rev 16:12 is in progress NOW !
Have you sold all your JEPI?
Troubling times, that is for sure! Hard to know what direction to go. Not feeling secure at all in any direction. The question is no longer what it is but when it is. :( Not good at all. Thanks for sharing.
That is heavy Greg.