My wife thinks I'm insane. Am I?

[Truth Warrior]

"Normal is the average insanity of the mass." -- R.D. Laing

 

[Indy Vidual]

My wife thinks I'm insane. Am I?

In an insane world, sane people will appear to be insane.

 

[ImpeachKingGeorgeII]

And my older sister who has always been the most financially successful and the smartest in the family, shocked me to no end when she said, "Oh, THEY will NEVER let that happen..." (crash, boom, bust, martial law, financial collapse, or whatever... she -- the SMART ONE -- thinks "THEY" will NEVER let it happen! Arrrggghhh. Total EXASPERATION).

I should change my name to "They" ...

 

[TheEvilDetector]

I can understand you wanting to move to gold, etc... but why are people so keen on stocking up for food as if its Y2K/end of the world all over again? Do you seriously think there's going to be some kind of food shortage? Maybe sometime in the next few decades, but i highly doubt it'll have anything to do with this current recession. Its one thing to hunker down, try to protect your wealth, etc... its an entirely different thing to act as if the world is about to collapse and widespread famine is imminent. I don't blame spouses for thinking someone is insane if they are acting in this manner.

Yes, there may be food shortages, riots and martial law.

If this happens, would you not agree it is safer to stay inside and eat out of your own supplies until things begin to recover?

Not to mention protection against inflation.

If nothing bad happens, nothing is really lost, because food and gold are useful and can be sold back or consumed as the case may be.

 

[SnappleLlama]

Perhaps you should go to a financial consultant instead of a message board?

 

[Thrashertm]

I can understand you wanting to move to gold, etc... but why are people so keen on stocking up for food as if its Y2K/end of the world all over again? Do you seriously think there's going to be some kind of food shortage? Maybe sometime in the next few decades, but i highly doubt it'll have anything to do with this current recession. Its one thing to hunker down, try to protect your wealth, etc... its an entirely different thing to act as if the world is about to collapse and widespread famine is imminent. I don't blame spouses for thinking someone is insane if they are acting in this manner.

It is conceivable that there could be riots and a breakdown of law and order. Perhaps more likely, would be for the government to set up price controls on food after inflation goes nuts. With price controls, food shortages cannot be far behind.

 

[Thrashertm]

It is conceivable that there could be riots and a breakdown of law and order. Perhaps more likely, would be for the government to set up price controls on food after inflation goes nuts. With price controls, food shortages cannot be far behind.

Read this article for the impact of govt imposed price controls -
http://www.rogershermansociety.org/yugoslavia.htm

The government tried to counter the inflation by imposing price controls. But when inflation continued, the government price controls made the price producers were getting so ridiculous low that they simply stopped producing. In October of 1993 the bakers stopped making bread and Belgrade was without bread for a week. The slaughter houses refused to sell meat to the state stores and this meant meat became unavailable for many sectors of the population. Other stores closed down for inventory rather than sell their goods at the government mandated prices. When farmers refused to sell to the government at the artificially low prices the government dictated, government irrationally used hard currency to buy food from foreign sources rather than remove the price controls. The Ministry of Agriculture also risked creating a famine by selling farmers only 30 percent of the fuel they needed for planting and harvesting.

 

[Anthony T]

No sex for you tonight.

 

[ArchPaul]

There are some good videos on youtube on how to preserve food.
Preserved correctly, you could save grains for 15-20 years.
So it's not like you have to commit $100 a week, or month.

A little story of what convinced me to prepare... I was sick over what I was seeing in the market. My gut was screaming to prepare, but my conditioning was saying it'll be ok don't sweat it. I "prayed" for guidance, dare I say that cause I'm not religious, spiritual, but
I just said hey, throw me a bone, I'm dying here! hehe The next day, on my way home from work I happened to glance over and see a small billboard hidden behind a building that said 'Prepare Arizona, leave or stay prepare' Something along those lines. And that was it,
I bought a crap load of food and have been happy since.
The signs location can be seen from google maps on the street view now. Its in Phoenix on the nw corner 7th ave and Jefferson. It's the WORST place on earth you can put a billboard!!! LOL
Anyways, follow your instinct, it's there to protect you.

 

[Sarge]

No your not. Show her this,

Tuesday, the S&P 500 tested its 200 month moving average - Wednesday, it broke it. If it ends the month down that way, she will be sure wishing she had listened to you.

Then tell her the Fed just lent AIG another 38B.

Then show her my post about the Govt. looking to mess around with 401K's.

She might want to re think.

 

[phixion]

Take control, for Gods sake.

Pete