Author Topic: who is prepared in case the market dumps?  (Read 1646 times)

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Offline myronman3

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who is prepared in case the market dumps?
« on: October 21, 2008, 03:51:22 AM »
i figure that this is one of the most probable scenarios that may happen, and was thinking we all might share ideas on what we have done to be prepared to make it through hard  times. 
    i have stocked up on food.  we should be able to make it for at least 3 months, more like 6 with what we have.  guns and ammo are covered, although i live in an area where i SHOULDNT have to worry so much about it.  i have heat covered; up here it is a MAJOR concern as to how to stay warm in winter.  i have mulitple water sources near the house and ways to access it should i need to.     
   things i need to do yet.... stock up on liquor, cigarettes, medicine and coffee.    a few cases of cheap vodka should be affordable and makes great barter items if need be.   although not affordable, same with cigarettes.   did you know coffee is one of the top three most bartered items? makes sense to me.  asprin, ibuprofin, and tylenol can be valuable; it makes sense to have a supply on hand and i need to work on that.     so that is my short list of what i need to do yet.   
   how about you?   

Offline myronman3

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Re: who is prepared in case the market dumps?
« Reply #1 on: October 21, 2008, 03:56:21 AM »
 i should add, that my grandpa and i talked when he was alive about when it happend the first time.  he was certain it would happen again.  he said the first time it happened, you couldnt buy nothing for two weeks, it was either you had it or you traded for it, or you went without.   this is what i have prepared for, as i do not think the area i live in will decend into chaos.  but it is likely things will shut down for a period of time. 
   

Offline Almtnman

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Re: who is prepared in case the market dumps?
« Reply #2 on: October 21, 2008, 04:01:47 AM »
We have been stocking dry goods here at my house also for a few months now and have at least a 3 to 6 month supply. I need to start working on putting a first aid kit with plenty of medical supplies back. You might also think about having some pre 1965 silver coins for a barter item also if you have it. I've also been stocking up on ammo, powder and reloading supplies.
AMM
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"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."~~Thomas Jefferson

Offline pab1

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Re: who is prepared in case the market dumps?
« Reply #3 on: October 21, 2008, 08:51:55 AM »
I think cigarettes would be a good trade item. For anyone that smokes who is concerned about a SHTF type scenario, I would do everything in my power to quit smoking. Dealing with an addiction in that type of situation would add to already high stress levels, affect your abililty to make rational decisions, etc.

It sounds like you guys are set up pretty well. I have heard that salt and cooking spices are good items to stock up on for personal use or trade. It wouldn't take long for plain rice, beans, etc., to get old.
"If there must be trouble, let it be in my day, that my child may have peace. "
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Offline Old Syko

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Re: who is prepared in case the market dumps?
« Reply #4 on: October 21, 2008, 10:51:11 AM »
Well along with everything else already mentioned, since the wife and I both take blood pressure meds we've talked the doctors into advancing prescriptions that have allowed us to possess over a years supply at any given time.  BTW it's much cheaper that way also.  Found 25# bags of dry beans for $6.50 and got more than 1.  We could live solely on beans for a year or so provided we could stand the smell. ;D  Very good garden this year so we canned everything possible.  Heat, water, fuel and everything else I can plan for have been.  Firearms and other defensive items have been prepared for years.

Are we ready for what is coming?  We're as ready as we can get but I fear we are all grossly unprepared.


Offline Almtnman

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Re: who is prepared in case the market dumps?
« Reply #5 on: October 21, 2008, 01:28:30 PM »
Are we ready for what is coming?  We're as ready as we can get but I fear we are all grossly unprepared.

Three scenarios that I look to happen in the short term.
#1: No matter who wins the election, I think we will be seeing some rioting take place. It will be either celebratory rioting on a win and there will be some that wants the "wealth spread their way" soon.
#2:Or it will be rioting take place on account of losing the election. I think that both those will happen in heavily urban populated areas.
#3: If Obama wins the election I look for some of our terrorists nations to do a test on the U.S. to see what Obama's made of.

I hope and pray that I'm wrong on my thoughts about this, but it's better to be prepared than to sit like a bunch of sheep in the pasture.
AMM
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"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."~~Thomas Jefferson

Offline Old Syko

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Re: who is prepared in case the market dumps?
« Reply #6 on: October 21, 2008, 02:20:54 PM »
I agree with #1 and #2 but #3 may be a different story.  You see they already know what their brother is made of. 

All the preparation in the world may not matter but I ain't no sheep.  I have a family to care for and care for them I will.  The closer we come to November the more time i spend each day trying to become better prepared.  Went so far as to pick up an extra pocket can opener just in case.  I really hope I'm overthinking this whole thing, but if not??????

I've gone so far as to pick up 3 extra older CB radios for when the com towers are shut down.

One of my 3 year old grand-daughter's favorite sayings is "Well you just never know!"  Wonder where she got that?

Offline myronman3

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Re: who is prepared in case the market dumps?
« Reply #7 on: October 22, 2008, 02:47:24 AM »
Quote
Are we ready for what is coming?  We're as ready as we can get but I fear we are all grossly unprepared.
i feel the same way.  no matter what we anticipate, surely there will be alot that was overlooked.    the fact of the matter is that i am learning all of this as the way life is the old ways have been largely forgotten.  i have a base knowlege, but that is about it.  i am getting better though.

Offline Old Syko

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Re: who is prepared in case the market dumps?
« Reply #8 on: October 22, 2008, 08:44:10 AM »
I guess I've been luckier than some.  Dad is 83 and still running right along.  He came up hard and never forgot where he came from.  He has seen to it that I couldn't forget either.  My grandfather lived to be 96 and I've heard all the stories from the turn of the century on and would like to think I've been paying attention.  My wife's family history is much the same if not even a little rougher.  We may not like it but we know how to get by with nothing even though for now we have so much.

One thing I've learned over the years is that a minutes preparation now can save hours, days or even more later no matter how crazy and useless it seems at the present.  Don't ever give up hope!

Offline Almtnman

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AMM
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"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."~~Thomas Jefferson

Offline pab1

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Re: who is prepared in case the market dumps?
« Reply #10 on: October 23, 2008, 05:15:23 AM »
"Some worry that if Barack Obama loses and there is suspicion of foul play in the election, violence could ensue ... "

Does their suspicion of foul play include the activities of ACORN?   Its okay if the Dems cheat and win, but if they even suspect that the Republicans are playing on their level, then watch out! Sorry I couldn't help it. Not trying change the subject.
"If there must be trouble, let it be in my day, that my child may have peace. "
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Offline deltecs

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Re: who is prepared in case the market dumps?
« Reply #11 on: October 23, 2008, 04:34:38 PM »
Luckily, my wife and I have lived remotely for over 20 years 24/7.  Since no other people live in the neaby vicinity, we have had to do by ourselves for almost everything, from power supply, to water supply, to construction, to inclement weather, to clothing, to food, to pantry, to tools, to transportation, to survival mentality.  The easiest one of the most elemental fundamentals for us to overcome is isolationism from others.  We spend months at a time from ever seeing anyone else except each other.  Most people we hire during the summer months have a problem with not talking or socializing with others when out here.  We don't mind it a bit.  Also, if a piece of equipment breaks down, we can generally make do for a while from a modification part or temporary repair of the old part.  I just last week inspected my traps that I haven't looked at for over 15 years.  Still in good shape as I hoped.  Might have to use them. 
Greg lost his battle with cancer last week on April 2nd 2009. RIP Greg. We miss you.

Greg
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Detente: An armed citizenry versus a liberal society
Opinion(s) are expressly mine alone and do not necessarily agree with those of GB or GBO mgmt.

Offline ihookem

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Re: who is prepared in case the market dumps?
« Reply #12 on: October 28, 2008, 02:33:49 PM »
I have not done much, but I am raising 46 chickens and will die Nov. 6. I have deer meat and some garden stuff. The firewood is dry and have 8 face cords. It's not enough but  can close off half the hous eand will have enough till summer.I am going to start buying .243 and .270 cases, primers and bullets and many .22 bullets and maybe a gun. I am getting worried about Obama and the fact that he is an anti American gun hater and he will side with Iran when Israel attacks Irans nuclear plants. I am sure they will attack sooner if Obama gets in cause Israel knows they won't have a friend in the world without America. Later ihookem.

Offline mjbgalt

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Re: who is prepared in case the market dumps?
« Reply #13 on: November 04, 2008, 04:49:45 PM »
...who is john galt?....



-Matt
I have it on good authority that the telepromter is writing a stern letter.

Offline deltecs

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Re: who is prepared in case the market dumps?
« Reply #14 on: November 04, 2008, 05:43:01 PM »
Ain't that the truth.  Looks to heading exactly like that.  First the railroads and socialist economy.  I need a long vacation from fools and idiots.
Greg lost his battle with cancer last week on April 2nd 2009. RIP Greg. We miss you.

Greg
deltecs
Detente: An armed citizenry versus a liberal society
Opinion(s) are expressly mine alone and do not necessarily agree with those of GB or GBO mgmt.