How To Survive The Coming Economic Collapse
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Transcript of How To Survive The Coming Economic Collapse
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How To Survive The Coming Economic Collapse
A Simple Guide.
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They Say Things Are Booming!
The Dow has gone from:8000 in 2002To Over 14,000 in Summer 2007!That’s a gain of 6,000!Or a 75% Increase!
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But They Don’t Tell You…
The Index only contains the stock of 30 publicly traded companies!That when a company does poorly it is replaced by one that does better.There are more than 15,000 publicly traded companies out there!
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The Other Indexes Tell a Different Story:
The S&P 500 was at 1,552 in 2000It sunk to a low of 815 in 2001It has just reached its 2000 high this year (2007)!Poorly performing stocks have also been replaced!
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Remember the Nasdaq?
With a high of over 5100 in 2000?Dropped to 1160 in 2002.That was a 77% loss!!Its at about 2600 in 2007.ONLY HALF of its 2000 Value!
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How About The Dollar?
It was at about 120 on the dollar index in January of 2002.It was at about 80 in June, 2007!That means its worth 66 cents today!That means its lost 34% of its value in the last 5 Years.And its getting worse!
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And Gasoline?
$1.37 a gallon in 2002.Over 3.00 per gallon in 2007!More than 20% inflation per year!
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No Wonder There’s a Bubble
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Real-Estate Booms and Busts.
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More Sellers and Fewer Buyers
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Prices Dropping…
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More Vacancies…
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Shall We Review?
Your Stocks Will Soon be Worthless.Your Money Will Soon be Worthless.Your House Will Soon Be Worthless.Everything You Built Your Entire Life on Will Soon Be Taken Away From You!
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So, What’s a Fellow to DO?
You could convert your cash to gold or silver. The ultimate hedge against inflation.
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You Could Stop Wasting Money!
On things that make you “look good” on the outside to your friends and neighbors.
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You Could Make Sure You have Enough Food!
More People Die From Malnutrition, Poor Diet, and Related Diseases in Third World Countries than any other cause.
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Buy From Any Number of Vendors…
Look for 1 year food supply on-line.Start with basics like grains and beans.Add Powdered MilkAdd Powdered Eggs.Make Sure You Store Water to drink!Add Dehydrated Fruits etc.
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Buy Guns For Protection…
Pistols for intruders. Look at the 45 calibur with a clip. Buy additional ammo.Rifle for food.Shotgun for Protection.Get “trigger locks” and gun safe.Learn how to clean em and use them.
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Buy fuel for warmth and cooking…
Store Hard-Wood in back yard for heat. Buy from landscapers.Charcoal for food. Buy by the bag.Candles for Lighting.
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Buy Boots and Warm Clothing.
Blankets and warm clothing mean less heat from fires.
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Buy a Tent or RV.
Just in case you have to move to a safer neighborhood.
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Organize your Neighbors/Friends
Pass this on.Put together a Meeting Place that everyone knows how to get to. Pretend they have to walk to get their.Do It Now!