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Re: Venezuela
Posted: Sun Jul 01, 2018 7:00 pm
by xplosiv1
xplosiv1 wrote: ↑Fri Jun 29, 2018 11:07 pm
it's a sad state of affairs, i've seen a few documentaries form independent sources about life in venezuela, its terrible what they did to that country...... the end result of Socialism.
Re: Venezuela
Posted: Mon Jul 02, 2018 7:16 am
by grenfell
Deeps wrote: ↑Sun Jul 01, 2018 9:27 am
It has occurred to me in the past that a prepper with an entrepreneurial streak could make a killing in a short term crisis. "A tin of beans and a tin of spam is it ? Certainly Ma'am, that'll be a wedding ring please
I think it was something like " Nazis , awarrning from history" a several part documentary from the BBC that included an interview with a German shopkeeper where he talked about "selling" bread for gold and other precious items. The Jews in the gettos would barter with other stuff first , clothing , plates , furniture keeping the pm's till last as they were viewed to be of greater value but unfortunately by the time it got to using the gold and silver it had seen it's value drop dramatically it terms of what they could get with it , although not of course for the shopkeeper. At one point the shopkeeper says something along the lines of "if someone is willing to pay for a marks worth of bread with a hundred mark ring then it's foolish to turn it down".
So while I think PMs will , barring a total worldwide catastrophe, always have some value that value might not be guaranteed but more importantly in the same way we can't really store enough food or fuel for the rest of our lives it would seem highly unlikely anyone could hold enough gold and silver to use for a protracted period . At some point producing food has to become a higher priority .
Re: Venezuela
Posted: Mon Jul 02, 2018 9:00 am
by featherstick
xplosiv1 wrote: ↑Fri Jun 29, 2018 11:07 pm
it's a sad state of affairs, i've seen a few documentaries for independent sources about life in venezuela, its terrible what they did to that country...... the end result of Socialism.
Rubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
Re: Venezuela
Posted: Mon Jul 02, 2018 9:13 am
by Deeps
featherstick wrote: ↑Mon Jul 02, 2018 9:00 am
xplosiv1 wrote: ↑Fri Jun 29, 2018 11:07 pm
it's a sad state of affairs, i've seen a few documentaries for independent sources about life in venezuela, its terrible what they did to that country...... the end result of Socialism.
Rubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
I was wondering if nobody replied he would try for a third time. Looks like Mr X is looking for an argument.
Re: Venezuela
Posted: Mon Jul 02, 2018 10:36 am
by featherstick
Deeps wrote: ↑Mon Jul 02, 2018 9:13 am
featherstick wrote: ↑Mon Jul 02, 2018 9:00 am
xplosiv1 wrote: ↑Fri Jun 29, 2018 11:07 pm
it's a sad state of affairs, i've seen a few documentaries for independent sources about life in venezuela, its terrible what they did to that country...... the end result of Socialism.
Rubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
I was wondering if nobody replied he would try for a third time. Looks like Mr X is looking for an argument.
Yeah, I shouldn't have bitten, but my point is not a Right vs. Left one, it's that our democratic institutions and customs are fragile and as preppers we need to be aware of it. FerFAL is good on what happens and what state collapse means.
Re: Venezuela
Posted: Mon Jul 02, 2018 2:05 pm
by General DeGaulle
In a situation like this Silver rather than Gold is the best option. It can be bought in small amounts especially if you buy things like old shillings, sixpence and threepences. Even a one ounce coin roughly worth a basket full of groceries, can be traded. Half and full sovereigns would be more difficult to trade for smaller or everyday items. It is not so much a lack of supply but a reduction in the value of money that causes problems in a financial collapse, and silver is a very good insurance against this. By all means have some gold, but silver will be more useful.
Re: Venezuela
Posted: Mon Jul 02, 2018 2:06 pm
by General DeGaulle
oops double posting please delete.
Re: Venezuela
Posted: Mon Jul 02, 2018 3:39 pm
by hobo
We don’t do politics here, Xplosive! That way we all stay friends
xplosiv1 wrote: ↑Sun Jul 01, 2018 7:00 pm
xplosiv1 wrote: ↑Fri Jun 29, 2018 11:07 pm
it's a sad state of affairs, i've seen a few documentaries form independent sources about life in venezuela, its terrible what they did to that country...... the end result of Socialism.
Re: Venezuela
Posted: Mon Jul 02, 2018 3:43 pm
by peejay
It reminds me of the documentaries talking about the US/Alaskan gold-rushes. "Clever" folks went out there not to dig for gold, but rather stocked with pans/shovels/buckets etc. & sold them for an absolute FORTUNE, partly because the miners (at least early on) were digging so much of the stuff up that they could well afford it anyway.
Re: Venezuela
Posted: Mon Jul 02, 2018 6:42 pm
by xplosiv1
Deeps wrote: ↑Mon Jul 02, 2018 9:13 am
featherstick wrote: ↑Mon Jul 02, 2018 9:00 am
xplosiv1 wrote: ↑Fri Jun 29, 2018 11:07 pm
it's a sad state of affairs, i've seen a few documentaries for independent sources about life in venezuela, its terrible what they did to that country...... the end result of Socialism.
Rubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
I was wondering if nobody replied he would try for a third time. Looks like Mr X is looking for an argument.
Nope .... not looking for anything you know me better than that. dont know how I managed to quote myself in another reply.