DCFusor
Yellow Jacket
Doug here.
Hey y'all and H/T to DoChen for showing me the site. I'm only an amateur PM bug, but expert in a lot of other things. Interesting life, some of which you can see here: www.coultersmithing.com
I currently run some forums here:
www.coultersmithing.com/forums
Under which are some threads about trading if you're interested. (look for the link at the lower right of the main page) That's what I do all day these days, but my passions are physics (fusion), gunsmithing (and competitive shooting), playing music...fast cars, women...and all the usual stuff guys do if they are lucky enough to be able to. I'm pretty lucky.
My own personal take on PM's is that it's good to hold them physically for certain situations - and I even use them in my lab here, but also good to trade around those core positions to get more fiat - perhaps to buy more physical with.
But I also believe that if you're sweating TSHTF sorts of issues, that you should have a real good (rotating) food stash, defensible land with water on it, skills, tools, stocks of all sorts of things that might be useful (medical supplies?) and so on. I believe just buying gold and stacking it is very short sighted and lazy - mentally and physically.
For whatever reason, I can't shake the vision of some jerk in an apartment in NYC sitting on his stack, as the building burns around him because the looters are out of control and there's nothing to buy with gold there anyway - the JIT supply chain is even more fragile than fiat money, you know. In that case, his gold is useless, and his gun is only good to stop the pain from being burned alive - readiness has many factors, depending on what end-case you're trying to be ready for, no?
Example:
I live on a productive farm, in the far boonies, with neighbors who are like minded. We all produce food, hunt, know how to shoot, and help each other - because we enjoy doing it. I own an on site machine shop and electronics shop. I know how to do minor surgery, and have a year's worth of *good* food stashed, along with other things. My land has 5 artesian springs on it.
I laughed out loud when I heard some bad-boy rap saying he wuz gunna take his high-cap 9 mm, kick off farmer brown and live like a king off the land if it all goes down.
Not going to happen - Farmer brown will just plug him, take any gold off him, and go back to farming...for the neighborhood. If someone comes along after TSHTF and expects to be king because he brought a stack - well, we have gold ourselves, why would we let you take our stuff or give us orders? Bring a hoe, some seeds, and some skills, you'll do better here - just one guy's opinion, but it's based on a long life here, after a previous long one in Wash DC. The thinking you pick up in a city only works there, and only is good for as long as that system is working, FYI.
We already don't even need *any* medium of exchange - we trade the products of our labor directly, that's the coin of this realm - and of course, it's all off-book and untaxed. Gold's nice, the women like it and it has uses, but...other things matter as well. Flame if you like - that's where I am and am coming from.
FWIW, my avatar is a view into my fusion reactor. The fusor and fusion are the purple stuff in the background. The blue is on a pinhole charged particle camera screen.
Hey y'all and H/T to DoChen for showing me the site. I'm only an amateur PM bug, but expert in a lot of other things. Interesting life, some of which you can see here: www.coultersmithing.com
I currently run some forums here:
www.coultersmithing.com/forums
Under which are some threads about trading if you're interested. (look for the link at the lower right of the main page) That's what I do all day these days, but my passions are physics (fusion), gunsmithing (and competitive shooting), playing music...fast cars, women...and all the usual stuff guys do if they are lucky enough to be able to. I'm pretty lucky.
My own personal take on PM's is that it's good to hold them physically for certain situations - and I even use them in my lab here, but also good to trade around those core positions to get more fiat - perhaps to buy more physical with.
But I also believe that if you're sweating TSHTF sorts of issues, that you should have a real good (rotating) food stash, defensible land with water on it, skills, tools, stocks of all sorts of things that might be useful (medical supplies?) and so on. I believe just buying gold and stacking it is very short sighted and lazy - mentally and physically.
For whatever reason, I can't shake the vision of some jerk in an apartment in NYC sitting on his stack, as the building burns around him because the looters are out of control and there's nothing to buy with gold there anyway - the JIT supply chain is even more fragile than fiat money, you know. In that case, his gold is useless, and his gun is only good to stop the pain from being burned alive - readiness has many factors, depending on what end-case you're trying to be ready for, no?
Example:
I live on a productive farm, in the far boonies, with neighbors who are like minded. We all produce food, hunt, know how to shoot, and help each other - because we enjoy doing it. I own an on site machine shop and electronics shop. I know how to do minor surgery, and have a year's worth of *good* food stashed, along with other things. My land has 5 artesian springs on it.
I laughed out loud when I heard some bad-boy rap saying he wuz gunna take his high-cap 9 mm, kick off farmer brown and live like a king off the land if it all goes down.
Not going to happen - Farmer brown will just plug him, take any gold off him, and go back to farming...for the neighborhood. If someone comes along after TSHTF and expects to be king because he brought a stack - well, we have gold ourselves, why would we let you take our stuff or give us orders? Bring a hoe, some seeds, and some skills, you'll do better here - just one guy's opinion, but it's based on a long life here, after a previous long one in Wash DC. The thinking you pick up in a city only works there, and only is good for as long as that system is working, FYI.
We already don't even need *any* medium of exchange - we trade the products of our labor directly, that's the coin of this realm - and of course, it's all off-book and untaxed. Gold's nice, the women like it and it has uses, but...other things matter as well. Flame if you like - that's where I am and am coming from.
FWIW, my avatar is a view into my fusion reactor. The fusor and fusion are the purple stuff in the background. The blue is on a pinhole charged particle camera screen.
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