Tuesday, May 25, 2010

"Sell ... get liquid ... by the end of this year they won't recognize the country."

Crash dead ahead. Sell. Get liquid. Now.

8 comments:

Taylor Harbin said...

Prepare ship for ludicrous speed! Fasten all seat belts, close all entrances and exits, close all shops in the mall, cancel the three ring circus, secure all animals in the zoo...

Heck with it, battering down the hatches!

Good luck all.

Dan said...

Shit! Like I'm gonna' get any sleep now!

tyrantsbane said...

It's what I've been trying to tell people but they don't want to listen. They say "no, the real estate market is picking back up again" or "no, the news said blah blah blah". They will see and they will see soon enough how deep the rabbit hole goes. The ones who ignored the warnings will either be begging us, trying foolishly to raid our pantries, or ready to lick the boots of the gub-ment for their daily rations.

Witchwood said...

You can't eat gold. Invest in lead.

ScottJ said...

Not sure they count as liquid assets but all my investments are in ammo, food stores and gear these days.

Dr. Richard said...

Richard Russel is highly respected and has an excellent 50+ year track record on his market calls based on DOW Theory. He is not the sort to make these kind of comments and he is not a "Doom or Gloomer". He tends to be very reserved and conservative when making calls. He does not do hype like Jim Kramer. For Russell to make this call, his data is extremely troubling and giving very strong warnings.

Fundamentally, the problem is that the data is so strongly pointing towards SEVERE financial chaos / collapse that any honest financial commentator has to give warnings. Any professional who doesn't is lying and their behavior borders on fraud.

Anonymous said...

Whenever I got pick up some fast food, or go to the supermarket, I can't help but think "Is this the 'good time' right now? Will I be dreaming of being able to go to the supermarket whenever I felt like it, a year from now?"

This has been occurring for the last couple of years, ever since Obama won the election (I had held my nose and voted for McCain).

Perhaps my thoughts are now going to become reality...

J. Croft said...

You won't make it alone no matter how much beans, bullets and metals you cache.

Form your survival circles. From those have each member form circles of their own.

From there you can take political action, emulate the GI's of Athens TN and take over a corrupt small town giving you a political, social and economic base. You can barter, issue script and even constitutionally sound money.

Spreading the concept to surrounding towns you can take the county and the surrounding farmland and with the Sheriff form a legal bulwark against anything but a federal invasion of JBTs.