Liberal Forum

There are over 200 regional banks ready to go belly up.  JPM isn't going to bail them all out.  When this goes, the chain reaction of events that follows will go on for over a decade, maybe 2 decades.  All of your pensions, annuities, etc will collapse with this. 

Credit will be non existent.  Insurance of any kind will be non existent.  We look at pictures of the great depression and read stories about it... It was another thing altogether to be in the middle of it. 

My family, as most did, barely survived it by scratching every meal together from anything they could get... It is going to get completely ******* crazy when this sets in.  Just realize, that most will be looking back at these times as the good ol days for the next couple decades. 

 

There will be program after government program to prop up the banks.
 The polycrisis will be obvious by 1/10/2025

This is why I invested in physical gold and silver and .556 green tips

LowIQTrash » 16 Mar 2024, 10:34 am » wrote: ↑

16 Mar 2024, 10:34 am

 

Oh i wouldn't doubt it!
But  it seems - so far anyways- They're doing a good job at keeping it propped up?
 

Warcok » 16 Mar 2024, 11:54 am » wrote: ↑

16 Mar 2024, 11:54 am

This is why I invested in physical gold and silver and .556 green tips

I like gold too. In Theory.
But. If the collapse comes- Who's gonna buy it from you.
They'll make it illegal to own- it will be hard to sell.
And if you want some groceries- you gonna cash in a gold coin?
maybe silver for the small stuff.
 

Several hundred pounds of junk silver should be in your stash, just in case.

sootedupCyndi » 16 Mar 2024, 12:02 pm » wrote: ↑

16 Mar 2024, 12:02 pm

I like gold too. In Theory.
But. If the collapse comes- Who's gonna buy it from you.
They'll make it illegal to own- it will be hard to sell.
And if you want some groceries- you gonna cash in a gold coin?
maybe silver for the small stuff.

I also have fractional gold to make it easy for smaller purchases,  1/4 oz ,1/10 oz, 1g bars and coins 

And silver I have in every form. bullion, junk constitutional. 10 oz bars to war nickels
 

sootedupCyndi » 16 Mar 2024, 12:02 pm » wrote: ↑

16 Mar 2024, 12:02 pm

I like gold too. In Theory.
But. If the collapse comes- Who's gonna buy it from you.
They'll make it illegal to own- it will be hard to sell.
And if you want some groceries- you gonna cash in a gold coin?
maybe silver for the small stuff.

Get a chicken, you can trade an egg for a couple of gold coins. 
 

RebelGator » 16 Mar 2024, 1:09 pm » wrote: ↑

16 Mar 2024, 1:09 pm

Get a chicken, you can trade an egg for a couple of gold coins.

no way- Buy toilet paper- I hear it tastes good with salt and pepper?     or learn how to sheet in the woods-?
but in cities- you'll get caught!  
 

Fuelman » 16 Mar 2024, 12:13 pm » wrote: ↑

16 Mar 2024, 12:13 pm

Several hundred pounds of junk silver should be in your stash, just in case.

I have SLV calls does that count

LowIQTrash » 16 Mar 2024, 4:29 pm » wrote: ↑

16 Mar 2024, 4:29 pm

I have SLV calls does that count

What dat?

LowIQTrash » 16 Mar 2024, 4:29 pm » wrote: ↑

16 Mar 2024, 4:29 pm

I have SLV calls does that count

Sure, if you end up in the money and convert to physical silver before doomsday.

My Mom must have gone through a pepper stage and bought way more junk silver than needed for bartering.

I never did find it all, someone someday is going to find a nice little treasure left on the New Mexico property she sold.
 

LowIQTrash » 16 Mar 2024, 10:34 am » wrote: ↑

16 Mar 2024, 10:34 am

 

All this **** can end before April Fool's Day 2024. But people of intellectual mindsets won't give up denying life in plain sight.

Fuelman » 16 Mar 2024, 5:06 pm » wrote: ↑

16 Mar 2024, 5:06 pm

Sure, if you end up in the money and convert to physical silver before doomsday.

My Mom must have gone through a pepper stage and bought way more junk silver than needed for bartering.

I never did find it all, someone someday is going to find a nice little treasure left on the New Mexico property she sold.

As an investor, your (our) goal is to maximize returns within acceptable boundaries of risk. 

Right now I see silver moving up at least 20% end of year (consolidation price movement is almost over) with a minimum gain of 10%. Calls let you triple (or more) your gains so there really is almost no downside.

As for holding physical silver, there is a much better play which is slowly building a short position with long puts (7 months or more) in tickers like SPY, IWM, and even leveraged ETFs like SOXL and SPXL. 

In 2020, SPY fell about 30% while SPXL fell 75% during the 2 month crash. A short term put in SPXL would easily have returned 500% or more while a more conservative options play (let’s say 10 months out) would still see 250% or more gains in the span of 2 months. 

Something like this is brewing this year and I want to snatch that opportunity with full force. 

Physical Silver seems to be a very low reward, low risk play at this point so I fail to see the purpose.
 
 

Warcok » 16 Mar 2024, 4:37 pm » wrote: ↑

16 Mar 2024, 4:37 pm

What dat?

Call options for SLV 
 

Fuelman » 16 Mar 2024, 5:06 pm » wrote: ↑

16 Mar 2024, 5:06 pm

Sure, if you end up in the money and convert to physical silver before doomsday.

 

Doomsday is like…the electricity going out and nobody knows if they will survive the zombie apocalypse.

It won’t be that bad. Just a really long bear market, everyone getting poorer (well, except people who know how to profit off the collapse), people getting angrier and demanding more radical solutions, etc. 

WHEN PANIC HITS: people will go crazy. steal every thing of value to survive. those who live in areas where people have nothing, have nothing to risk. rich areas will be the battle grounds of survival. isolated areas will be safest. people who can live off the land will hide. forget raising crops. things will be to violent. hidden food. YES. like an easter egg hunt. many places. how long will the social break down last? over 10 years.

your federal government has survival shelters, with food, for its key employees. used your tax dollars. they will kill any citizen that comes within a mile.

walkingstick » 17 Mar 2024, 1:40 am » wrote: ↑

17 Mar 2024, 1:40 am

WHEN PANIC HITS: people will go crazy. steal every thing of value to survive. those who live in areas where people have nothing, have nothing to risk. rich areas will be the battle grounds of survival. isolated areas will be safest. people who can live off the land will hide. forget raising crops. things will be to violent. hidden food. YES. like an easter egg hunt. many places. how long will the social break down last? over 10 years.

So what do you recommend? Stashing dried fruits, nuts, seeds, rice, beans, & beef jerky somewhere?

who should get a billion usa tax dollars. israel or a little old starving usa citizen? biden said israel. all alone in usa slums are forgotten old mothers. cold, hungry, no one cares. usa jew meda pumps the glory of the jew.

biggest racism is not the people thing: but the crumbling usa cities and society morals. funds for wars, rather than saving usa.