{ 55 comments… read them below or add one }

Vote -1 Vote +1Mark
November 5, 2010 at 5:43 am

Well clear and precise as it can be. I have been thinking this is the strongest possibility

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Vote -1 Vote +1Westley
November 5, 2010 at 5:46 am

The best explanation about QE2 (Quantitative Easing 2) is from the National Inflation Association. The injection of “worthless paper money” into the market will surely raise the price of commodities because the dollar becomes devalued with over-supply of currencies that are not backed by anything (bond or gold). There is no shortage of money supply, banks and companies just scared to release their cashflow. Yet we just keep supplying more and more paper money, and eventually, the demand (from China) will decrease. It won’t be long before China completely stops buying our debt and then the real collapse will begin.

Please see this very informative documentary from NIA entitled “End of Liberty”

http://inflation.us/videos.html

OR directly at YouTube :

http://www.youtube.com/watch?v=AQv-sdMCClQ&feature=player_embedded

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Vote -1 Vote +1FM Duck
November 6, 2010 at 8:35 am

Fairly good article. Actually, the Federal Reserve is selling a couple of trillion dollars in T-Bill and buying back $600 billion thru the 18 Primary Dealers (big banks) who only hold the money (on paper) for a coupla months. The Fed typically buys back 25% of what they issue. It’s all a Ponzi Scheme since none of the paper is collateralized and it’s just pulp fiction dollars. Monetizing part of this $2 trillion is what is disturbing since the central bankers are now admitting they are on their last leg and this new monetary inflation will only drive price inflation. Then the govt will mandate wage and price controls which will cause shortages and more unemployment. Everybody will run to pull their devaluing paper dollars out of their bank accounts to put them into hard commodities, gold and silver being the safest.

What really needs to happen is to return to a 100% hard commodity, non-fractional reserve, gold standard: sound money. And then remove all obstacles to the free market. Wealth is not created by printing more pulp fiction dollars. Wealth is created by producers translating ideas into time and labor-saving devices, thus accumulation capital and capital goods.

Current Keynesian economics, which is not free market capitalism, will drive the global economy into financial ruin unless the central bankers are stopped asap. Unfortunately, too many people do not understand the nature of money and credit and the scam artists at all central banks do not appear to be stopping their absurd monetary actions. Congress has the authority to stop the Fed but too many Congressmen and women do not understand what is really going on.

If you’re smart, you will be buying physical gold and silver bullion coins and also investing in precious metals stocks (for leverage). Those who remain in paper will lose their shirts. Also, buy some storage food and 2nd Amendment protection.

Pray that the new Tea Partiers in Congress will read up on Austrian free market economics (von Mises, Hayek, Hazlitt, etc.) and undo current socialist obstacles to freedom and free market capitalism.

Good luck

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Vote -1 Vote +1David Morris
November 7, 2010 at 11:38 am

Thanks for your comments…lots of speculation, though. The predictions that you quoted have been making the rounds for decades.

That doesn’t mean that they won’t happen at some point, but they can be somewhat alarming to people just waking up to preparedness.

Eventually, if we keep going with our monitary policy, things will collapse. We just don’t necessarily know whether this round of quantitative easing will be the straw that breaks the camel’s back.

According to Stratfor, normal expansion of the money supply has averaged .55% per month over the last 50 years. This $600 Billion means that the expansion will be .86% per month for 8 months. It isn’t good, but it’s important to keep things in perspective.

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Vote -1 Vote +1scott henson
November 6, 2010 at 8:41 am

The National Inflation Association is a tremendous resource! They’re spot on, in my opinion!

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Vote -1 Vote +1Mike
November 5, 2010 at 8:49 am

I am wondering about the sale of GOLD and the “over $600″ issue of needing to prove how much you paid for it. Does the new law really state that the entire sale price of the asset will be taxed if you cannot document what you paid for it?

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Vote -1 Vote +1David Morris
November 5, 2010 at 8:58 am

Unfortunately, this has been the law for some time. If you sell stock and can’t prove your basis, an auditor will tax you on the entire sales price rather than just your gain. With businesses having to issue 1099s for any check above $600, this will also apply to gold in 2012.

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Vote -1 Vote +1D Mc
November 5, 2010 at 10:00 am

Doesn’t this only apply to businesses tho?

However, if I sell some coins to the local shop, they will have to report it, but will I be listed as the seller?

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Vote -1 Vote +1David Morris
November 7, 2010 at 11:39 am

My understanding is that the dealer will have to report the check to the IRS.

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Vote -1 Vote +1Tracy
November 5, 2010 at 9:26 am

I am in a weird predicament. I was in a car accident almost two years ago. I have an attorney who advises me to go to court since the ins.co does not want to pay out a reasonable amount in settlement. Court action takes time —maybe as much as a year—and there are no quarantees of the amount the jury will find. Should I take the amount offered right now? If I do, should I pay off my debt (credit card, revolving accts, past medical bills) or not. I know this sounds like a no brainer but when TSHTF I will be debt free but sunk. When in inflation really kicks in the amount of money I may receive will be worth less than it is right now. I am confused. Any smart people out there with a good thought for me?

Thanks

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Vote -1 Vote +1Mariposa de Oro
November 6, 2010 at 11:46 am

Tracy,

If I were you I’d probably take the settlement and buy gold or silver coins (US). The collapse has accelerated and who knows how soon things will deteriorate. I don’t see the economy getting better anytime. Seriously consider taking ‘what you can get’ now and stocking up on food, etc, and some silver and gold if you can. A bird in the hand is better than two in the bush……

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Vote -1 Vote +1D Mc
November 5, 2010 at 10:11 am

My claim took 2 years, almost to the day, but I got a lot more than the original offer.

If you are financially ok now, I would suggest riding it out & make sure your lawyer doesn’t take too much of your money.

I’ve not understood the ‘pay off credit’ argument when talking about financial collapse. If it collapses, there’s no lender to pay back. If it’s just an inflation scenario, your repaying old dollars with new inflated ones and that’s a good thing.

I just bought a new $10,000 toy with a 5% loan. I had the cash saved, but bought silver coins instead. Silver is up 10% in just a few days. That’s an outrageous APY.

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Vote -1 Vote +1SHARON HOLCOMB
November 5, 2010 at 10:44 am

i have finally gotten myself debt free except for one small credit card. it has taken several years and took a lot of self control. not long ago i read an article that chilled me to the bone showed me maybe i did the right thing. it seems that some states are using the police to arrest people that are unable to pay bad debts that are in collections. if runaway inflation causes you to be unable to eat AND pay your bills…well, we know feeding our family comes first. obviously not everyone in debt will be arrested, but, if you are on the gov’ts list as a terrorist (due to religion, politics, survivalist, support the constitution, etc.) and you cant pay your bills, well here is a “reason” to arrest you. my tin foil hat may have slipped and i am way off in left field, but it is food for thought.

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Vote -1 Vote +1David Morris
November 8, 2010 at 3:53 pm

Hey Sharon,

Congratulations on knocking out your debt! There are a lot of advantages to using debt…for business, investing, and personal use…but there is a definite cost as well. Being debt free normally causes people to make wiser decisions and sleep better. When bad times come, debt is always an option, but if you go into bad times with a big debt load, it can be crushing.

Again, great job :)

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Vote -1 Vote +1andrea francis
November 5, 2010 at 12:39 pm

Well, the bad news on the world & national front is picking up speed like a snowball on it’s way to hell! On my own personal front, the snowball is also picking up speed. I just got my insurance costs for next year, and the costs have doubled! ,Since Obama Care has been forced down our throats, the Insurance cos. are looking to their bottom lines, more than would have been the normal raise in prices , THANK YOU KING OBAMA AND ALL YOUR PROGRESSIVE MINIONS!!!. And, even though us Seniors don’t get a cost of living raise, the prices of food and other goods are skyrocketing! i am so glad I am taking David’s course, The on-going bad news is still upsetting, but i know there are things that I can do to somewhat control my circumstances. Thank you, David, and all who leave good advise on this site! We are about to go on the rollercoaster from hell, so everybody get ready, and hold onto your hats!!!!!

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Vote -1 Vote +1Stephen
November 5, 2010 at 2:48 pm

This is just one more reason why we must take the ‘Survival Attitude”. It’s not an issue of Republicans vs. Democrats or conservatives vs. liberals. They (government) are not going to help us, regardless who is in office.
We must have survival skills and be physically fit & capable of performing survival skills under duress and extreme situations. This will be the only way to save your life and your family as well as protecting your surplus you will live on.

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Vote -1 Vote +1J. kow
November 5, 2010 at 2:54 pm

Glenn Beck is talking today and Monday (11/5 & 6) about this very thing! He uses China as the example of how, after QE2, It only takes at most, 15 days to thief most of the world in utter panick! Everyone should watch! We need the gold standard back and no more central banking!

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Vote -1 Vote +1J. kow
November 5, 2010 at 2:56 pm

My apologies, I meant 11/5 and 11/8.

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Vote -1 Vote +1AutumnGal
November 5, 2010 at 5:13 pm

J. kow I “read” what you meant :-) BTW we are Beck listeners also and wish everyone who are of the survivalast mindset would hear what he is saying.
I so appreciate the sharing of info on here…. David you help us keep our thinking straight… it is not going to be easy but we are of strong mindsets.
God Bless each of you.

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Vote -1 Vote +1FredlyFX
November 5, 2010 at 5:19 pm

I have a question about gold and how it would be useful after tshtf. If I buy a one ounce gold coin it costs around $1450. When the world as we know it has collapsed and I need to buy something from another person that is less than the $1450 how would I get change? I guess what I’m asking is how are gold coins useful in a survival situation? I’m thinking I would be better off to put that $1450 into beans and bullets now that I can easily barter for the stuff I may need later. Am I totally off base here? I have never bought gold, so I am totally clueles about it. Thanks

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Vote -1 Vote +1Hunter
November 5, 2010 at 6:14 pm

You would be better off buying silver dimes and quarter than gold. Better chance to buy items with silver than with gold. Spend the money on items to barter with for after tshtf

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Vote -1 Vote +1vince
November 5, 2010 at 11:43 pm

Along the same concern FredlyFX has, I have another question. So I have silver small change and want to buy food etc., who is going to know if my dimes/quarters etc. are real silver? I have always wondered how would I spend silver or qold if TSHTF. I have been saving lots of regular coins when credit cards are no good. I agree with Hunter that items to barter with would be of great value.

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Vote -1 Vote +1Jim
November 10, 2010 at 9:55 am

Vince,
I can tell simply by looking at a coin whether it is silver or not. But for those who did not grow up with silver in circulation; silver ring when dropped on a hard surface and fiat coins thud.
JC

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Vote -1 Vote +1David Morris
November 10, 2010 at 3:23 pm

Right on, Jim. The big problem is with gold and larger chunks of silver.

The basic con is to pass something off as pure that is only coated in silver or gold.

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Vote -1 Vote +1VicM
November 5, 2010 at 11:45 pm

I started buying gold about a year ago when it was $950. At its current price, I too was worried about how I would barter one ounce of gold for some toilet paper.

Just as recommended above, I bought silver last month, dimes and quarters. As you know, it’s up over 15%.

MJPM.com has been a trusted source for me.

Dave’s book is the most incredible resource I’ve seen. I’m 2/3′s thru the book and well on my way getting organized. It is unbelievable all the dimensions of survival he’s has considered. A far cry from my 24 years of enlisted/commissioned service, including survival training.

Dave’s article today melds very nicely with Glenn Beck’s show today. WASS. We may be well into the first week of Glenn’s two week horror scenario. I’m gonna go grocery shopping tomorrow…

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Vote -1 Vote +1MP
November 7, 2010 at 3:21 pm

I agree with those who say to purchase tangible goods for barter later. I tend to think if the SHTF, there are some things that are literally going to be worth their weight in gold to some folks. Not that I’m saying that “price gouging” is what is going to happen (even though in some places it probably will) but I don’t think it would be too farfetched to imagine something like a box of kitchen matches being worth an even exchange for something like say, a good hunting knife or a couple boxes of .22′s; A home canned jar of chicken soup being worth a 5 gallon jug of kerosene; the point is, there will be some people who will have some things or access to some things but seriously need others. Some people may suck at starting fires with sticks and lintballs but may have an abundance of preserved food or even fuel and will be willing to trade things that in the old world were worth more when it came to using paper currency as the trading medium. Can you imagine that free book of gas station matches being worth a couple of jugs of distilled water? I don’t see it as being far from reality. Just a thought. I know not everyone is going to have a warehouse to store a butt-load of stuff (myself included) but as we get into the act of bartering more and more, we may find ourselves acquiring things that someone else may make use of later on. And for those conspiracy theorists who believe in the NWO and the cashless society and the chip/mark of the beast (myself included to a degree), learning how to barter just about anything may become a survival skill akin to starting a fire with sticks and lintballs.

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:02 pm

Great points, MP!

That’s excatly why I wrote the Urban Survival Bartering and Negotiating Field Manual. You can read more about it here: http://secretsofurbansurvival.com/272/urban-survival-barter-and-improvised-weapons/ and buy it on it’s own or you can go here:
http://surviveinplace.com/index791.php to get the Urban Survival Platinum package.

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Vote -1 Vote +1sevenstars77
November 9, 2010 at 7:15 am

you are right, things will be worth more than their weight in gold. People who have saved and stashed will have to be very careful about trading and telling others what they have. A small community of people is great becuase it can help to defend, deter and if well organized can contain people whose assets and knowledge complement the group into a cohesive survival macchine.

unfortunately there will inevitably be things that you run out of or need, so bartering will be necessary. Either that or the black market will be in full swing. If this is the case bring someone with you, away for your home/bug out place and never state that you have more. Trade away from where you live and then retreat in a “thief in the night” fashion, so that the person trading with you doesnt get the inclination, he must have more, I will bring people to his place to investigate.

Survival is a mind game as much as it is a knowledge and prepping game.
be careful everyone and form small groups that always have a plan B.
Call on Him and God Bless

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Vote -1 Vote +1Di
November 8, 2010 at 1:07 pm

In Rome, when the government needed money and didn’t wish to increase the already high taxes (as they made the unpleasant discovery that it might result in a revolt to overthrow them), they employed an alternative method called “clipping”. Clipping simply meant to shave the edge off of the silver denarious coins. Those shavings were then used to mint new coins. After a time, retailers, recognizing that the coins were smaller & lighter, would refuse to accept them or demand 2 clipped coins as a substitute for 1 whole one. A few centuries later, minted coins were “reeded”, or notched all along the edge so that anyone could easily tell if it had been “clipped”. Thus, to this day our dimes, quarters, fifty cent and dollar pieces are all “reeded”. My thought is that we might also “clip” gold or silver coins into small shavings or pieces as needed for trade items, just as you would offer only a link or two of a gold necklace/bracelet. Of course, this would ONLY apply to pure gold coins and those silver coins prior to 1965 which have not been “debased” (having base metals added to the silver).

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:10 pm

Hey Di,

This is a great lesson from history and I want to thank you for sharing it. What you’re talking about is the original “quantitative easing” :)

As to whether to clip or cut gold coins for barter purposes, I would hesitate to do so. Smart merchants and investors will quickly learn not to take gold from people for payment without testing it to make sure that it’s genuine. There’s just too much value in too small of a package to accept it without verification.

Pre-1965 silver US coins, on the other hand, are small enough to use for day-to-day exchange. They’re likely to stay inexpensive enough to discourage people making counterfeits, they’re recognizable, and they’re easy to get right now.

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:05 pm

Fredly,

In short, it’s easier NOT to look at gold as a medium of barter/exchange and rather as a portable way to transport wealth and protect yourself from currency inflation.

I wrote about this awhile back and it would be worth looking at if you haven’t read it yet: http://secretsofurbansurvival.com/98/gold-vs-food-which-to-buy-first/

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Vote -1 Vote +1Jr.
November 13, 2010 at 10:00 pm

Why does everyone seem to think people will sell tangibles for silver or gold?
Where are they going to spend it?
Don’t come to me with silver or gold for tangibles!
If you wasted your money on that, instead of food, supplies etc., that was your mistake, “in my opinion!”

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Vote -1 Vote +1john
November 5, 2010 at 9:59 pm

no one will mention silver coins and assets and for the little guy gold is good but silver is better and more afforable i buy silver every paycheck and its a good edge against inflation. silver is the poor mans edge

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:15 pm

Hey John,

I’ve mentioned silver several times…and not only for the “little guy.”

It’s a great, portable way to store some wealth after you’ve taken care of the basics. It’s not as compact as gold, so eventually you’ll hopefully save up enough to have both silver AND gold, but I’m a big fan of silver.

Keep in mind that, historically, gold has been 17 times more expensive than gold…in part because silver is found in concentrations 17 times higher than gold in the Earth’s crust. Right now, gold is 52 times more expensive than silver and if we went back to the 17:1 ratio, silver would be at $83 per ounce.

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Vote -1 Vote +1ron hert
November 5, 2010 at 11:13 pm

One can try and say that Obama is not doing his best to destroy the US economy, but, really now-if this isn’t obvious to most people then they belong in a Communist country. However, that said, we-the people of the US-cannot allow Obama and his accomplices to destroy this country. Obama now knows that he cannot be Impeached successfully, so while he can, he will attempt to push this country into the same situation that Greese is in. This is very similar to what FDR did to prolong the Great Depression and the Facist-Democratic rule. How is it Obama is historically incorrect, both fincially and logically. Based on what his college professors taught him in bringing down the US economy, he has done a fair job of it and now is trying to speed up the process. Again, Obama is not varying from his Muslim agenda of destroying Capitalism-specifically the US economy-this act follows the jehadist group Al Thirir and their 2009 agenda.

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:19 pm

You know what…I don’t think that Obama’s trying to ruin the country. I think he’s narcicistic enough to think that the reason why socialism has never worked anywhere in the world throughout the history of man is because he wasn’t the one in control.

Granted, the end result of socialism will still be the destruction of the American way of life, but I think that he believes that we’re all too stupid to take care of ourselves and that the world needs him and his brand of socialism to thrive.

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Vote -1 Vote +1sevenstars77
November 9, 2010 at 8:03 am

I actually believe that Obama thinks we all don’t get it, that we don’t understand his cause, that we need our decisions to be made for us. This ties into his theory of collective salvation (a complete opposite of what Christianity and the Bible teaches-salvation is through Jesus alone, individually a relationship and acceptance between you and God); he proposes that if everyone together gives up their wealth and redistributes it to the poor of the world, then together we can all be saved. he also believes that the white man/those with money are the oppressor.

The fact is that the person who has worked their whole lives and accrued wealth through smart decision making and saving is not oppressing anyone and certainly not preventing anyone else from obtaining wealth.(also known as Black Liberation Theology-and let me tell you he sat in a church of Jerimiah Wright for 20years listening to this, and then tries to convince everyone that he doesn’t beleive it-his health care reform bill is proof. The elderly who have worked their whole lives are most affected by this bill-all of their costs wil go up, we will all probably end up caring for our parents or maybe even end up burying them earler than we shoudl because of this bill/ turned law.)

Everyone starts on the bottom run when it comes to work and its rewards. The people who choose not to work shouldn’t be rewarded.

The thing that people need to remember is that Obama is an IDEOLOGUE, he whole heartedly thinks that he is correct in his crusade, he really truly beleives if we would just a wait a little longer, even if we have to experience some discomforts, that the end result will bring benefit to all people. He really thinks he is doing what is best-which is very very dangerous, because it means it is unlikely that he will stop pursuing his utopia, ever.

I also recently read by an “off the record” member of intelligence that Obama’s theology is so radical that he has never spoken on his own thought since being president, that he has only read telepromted scripts, even in a group as small as 5-6 people. They are trying to keep his true identiy closed as long as possible but at some point it will come out and it will be overpowering, forceful and frightening to many.

May the Lord Bless you and Keep you

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Vote -1 Vote +1ron hert
November 5, 2010 at 11:17 pm

Where is Obama now-in a Muslim country attempting to get them some US aid with tax payer dollars. As Mr. Gingrich put it,”Obama is not doing anything to disprove his Islamic self”. Also, Obama is attempting to broker the largest military equipment and aircraft deal ever for the Saudis, and where is his administration on jailing the Muslims.

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Vote -1 Vote +1sevenstars77
November 9, 2010 at 8:08 am

well he is going to stop by Indonesia on his way home from his trip to India after his G20 summit and you know the devastation there will not only compell him to offer help (that we don’t have) , he will make all of America some how feel it is our responsibility. People should help if they wish and if they can, without mandate and without prodding.

The fact is Indonesia, has a larger Muslim population than any other country in the world, with approximately 202.9 million identified as Muslim (88.2% of the total population) as of 2009 (google wiki for the documentation). So tell me my fellow Americans, where are all of the wealthy muslim brethren? Possibly waiting for USA to provide aid?? So they can hold onto their money, and continue to funnel it into the war of hatred and destruction of our very helping hand??

priceless- most of America gave the president this power without having known him, without having investigated his past and read the warning signs and without him having produced any real results that would allow us to beleive he could competently lead the country.

Lord Help us!

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Vote -1 Vote +1Jim
November 6, 2010 at 2:03 am

A week or two ago, I posted a request for info, since then I’ve not been able to find any responses to my query. I must’ve missed it. There are a few other boards up that I’ve lost rack of…
During my prep for Y2K, I purchased from a company called Millenium out of Provo UT. Does anyone know anything about this company and if the product is still edible?
Buy silver.

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:20 pm

Hey Jim,

I haven’t done any long term storage tests on Millenium products. I’d check out their website and/or contact them by phone. Whatever their answer is, start eating through the stuff that you bought and start buying new food to replace it.

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Vote -1 Vote +1Nmacret
November 6, 2010 at 9:29 am

David, thanks again for keeping us alert. I do not pay for television. I will not pay for recycled paper and soy ink that stains my hands and clothes. I read sites such as this and taken your course. I am on the road to care for myself.

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Vote -1 Vote +1Warren Ward
November 6, 2010 at 5:42 pm

Unless you like deceiving yourself, you must know this is all planned out and has been planned for over a century. There are multigenerational families that have set out to destroy our liberties and freedoms. They have been promised by Satan that he would make them powerful in this life and the life to come. Now we see their handiwork coming to a conclusion as the sheeple keep voting the Republicrats and Democans into office to do their bidding. Soros is one of them. The Kennedys another. And the list goes on. The IRS is their muscle and the FBI and local bought-off law enforcement their henchmen. The tea party will fail because the neoconns kidnapped it right away (Beck, Hannidy, Rush, etc.). They are already talking compromise and they aren’t even in office yet! Our only hope is in Christ. He will have to fight our battles. We are only a small force. The rest of the country is asleep. Only He can win this one, if we want it bad enough. It’s the Constitution, Stupid!

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:26 pm

Hey Warren,

I find conspiracy stories fascinating, but I don’t think that dwelling on them helps me live a happier life today or helps me prepare for tomorrow. Whether your statements are 100% correct, 50% correct, or 10% correct is not the issue. The big issue is that a balanced view and approach to preparedness will help people get prepared for ALL disasters, regardless of how correct your statements are.

If studying up on the 16th ammendment, the CFR, and the Tri-Lateral Commission will cause people to want to become more prepared and self-reliant, then I’m all for it. If, on the other hand, studying those issues makes people bitter, angry, and anti-social, then I don’t think that it is healthy.

Best of success to you, and thanks for sharing.

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Vote -1 Vote +1sevenstars77
November 9, 2010 at 8:21 am

I understand your frustration and the fact is that no matter if you beleive these things (an actually some of this I do) or you think the end is near and the Lord is coming, you need to be prepared.

You may say prepared for what-the Lord will care for his own. This is true but the rain falls on the just and the unjust, and being a christian doesn’t ensure you are safe from earthly trials, but rather from spiritual darkness. God wants us to prepare and be prepared in every fascet of our lives, starting with knowing the scripture, which will provide us with the confidence, assurance and clear mind we need when crisis arises. After caring for our spiritual self, we need to prepare our physical self and where we fall short, he will provide, but we still need to prepare.

I myself and preparing not necessarily for the tribulation (cause as we know, he will take up those who have accepted him as their Lord and Savior, and read and obeyed His word) but I am preparing for the sure-to-come breakdown of services. We have already seen this in areas where there are natural disasters, and just for that fact alone we should prepare. being prepared also teaches our children and others how to be self sufficient and less reliant on the government, whom certainly will be busy saving themselves in their bunkers.

a breakdown in services, whether availability of food, water, medical aid, safety, protection-anything. I recently read :
The Lord helps those who help themselves. Work as if it all depends on you. Pray and believe that it all depends on the Lord.

I believe it.

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Vote -1 Vote +1Jr.
November 13, 2010 at 10:25 pm

Sevenstars77 says;
myself and preparing not necessarily for the tribulation (cause as we know, he will take up those who have accepted him as their Lord and Savior, and read and obeyed His word

Christians are going to go through the tribulation, at least the 1st half.

2 Thessalonians 2
1 Concerning the coming of our Lord Jesus Christ and our being gathered to him, we ask you, brothers and sisters, 2 not to become easily unsettled or alarmed by the teaching allegedly from us—whether by a prophecy or by word of mouth or by letter—asserting that the day of the Lord has already come. 3 Don’t let anyone deceive you in any way, for that day will not come until the rebellion occurs and the man of lawlessness[a] is revealed, the man doomed to destruction. 4 He will oppose and will exalt himself over everything that is called God or is worshiped, so that he sets himself up in God’s temple, proclaiming himself to be God.
5 Don’t you remember that when I was with you I used to tell you these things? 6 And now you know what is holding him back, so that he may be revealed at the proper time. 7 For the secret power of lawlessness is already at work; but the one who now holds it back will continue to do so till he is taken out of the way. 8 And then the lawless one will be revealed, whom the Lord Jesus will overthrow with the breath of his mouth and destroy by the splendor of his coming. 9 The coming of the lawless one will be in accordance with how Satan works. He will use all sorts of displays of power through signs and wonders that serve the lie, 10 and all the ways that wickedness deceives those who are perishing. They perish because they refused to love the truth and so be saved. 11 For this reason God sends them a powerful delusion so that they will believe the lie 12 and so that all will be condemned who have not believed the truth but have delighted in wickedness.

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Vote -1 Vote +1Michelle
December 4, 2010 at 11:58 pm

Hi, I am new to Bible study even though I have loved God my whole life. I was under the impression that Christians would be taken into Heaven when Revelation begins.What does the first half intail? Thank you for your patience and willingness to share. I just found this site about a month ago and my husband isn’t onboard for the idea of preparing yet, We are barely making it on his paycheck so I haven’t been able to start on my idea to get prepared.I felt real confidant reading the ideas from everyone and being in the mindset to start preparing but reading this page has really got me scared. I don’t watch the news because it is so devestating and, unfortunatly I am ignorant to what is going on in the world. I tend to be a worrier even though the bible tells us not to be so I don’t think I will start to watch the news. I did ask for Dave’s course for Christmas from my parents. If they don’t order the course for me I will as soon as funds are available. Like someone else mentioned for now I’ll use any money left over to stock food and water. God Bless everyone and thanks for any feedback.

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Vote -1 Vote +1Mark
November 6, 2010 at 8:50 pm

David, I appreciate your straight forward style of explaining a complex subject like QE2. Sure all the details aren’t there, as you said. But then again most people DO zone out before they can wade through the details (this includes members of Congress who are PAID and EXPECTED to wade through the 2000 plus pages of Obamacare bill BEFORE voting for it!).
Just a small correction, however, when you mentioned Merrill in your short list of “another round of bankruptcies like Merrill, Lehman and AIG”. Where as you were correct about the latter two, Merrill never went bankrupt. It was bought out by Bank of America at a premium price so that it wouldn’t sink into bankruptcy.
Thanks again for your heart and focus on this subject. We’re learning lots from you.

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Vote -1 Vote +1David Morris
November 8, 2010 at 4:29 pm

Hey Mark,

You’re absolutely correct on Merrill…and I should have been more precise. Since Merrill most likely would have gone bankrupt if they hadn’t been bought out, I have equated what happened to them as bankruptcy…but it was not.

Thanks for your correction :)

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Vote -1 Vote +1Mary
November 6, 2010 at 9:58 pm

Hey guys, food, food & food. But don’t forget to get your canning supplies. I have over 400 jar lids. We can’t use the caner without them. My jars are 36 years old & every time I go into a store I purchase 10 packs of lids. God bless all of you.

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Vote -1 Vote +1sevenstars77
November 9, 2010 at 8:09 am

oh- great reminder!! thanks

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Vote -1 Vote +1Joshua
November 9, 2010 at 2:38 pm

Okay, besides all this banking – cash mumbo jumbo… do all of you really think the Sh_t is about to really hit the fan? Or are you guys just WAY over paranoid? I’m a paranoid guy myself to a point of I”m embarrased to alert my friends and family how I feel… stocking up on canned foods and bottled water and candles and ammo…..

Do me a movie comparison? How do you all think the world is fixing to get? I’m 30 years old… I have four little kids to take care of… I want to be albe to take care of them… this sh_t scares the hell out of me… but I cant even afford to spend extra money on your course… thats another bit of canned food and ammo I can buy…. and I feel it will be way more valuable… how can gold and silver be worth anything in the future when there is no one to work stores and buy, sale and trade with? If we see a collapse in everything… the world will go to chaos… and luting… valuables will be whats useful at the time… you can eat or protect yourself with gold and silver… valuable will be food to trade… wate… guns, knifes, ammo… gasoline… all self protection… batteries for lights… because when all sh_t hits the fan… electric wont be paid for either… and they wont give it for free… end of days baby…. “Water World” “Mad-Max” type stuff…. am I crazy? Or on to something… I feel so paranoid… but so scared….. and I just want to be able to defend my family… I’ve end got a pallet of wood in my garage to board up windows just in case… my wife wouldn’t let me put up bars on the windows incase of fire… couldnt get out. Help me out David…. am I one of the loonies? I feel paranoid… I dont think about this every day or anyting…. but man… I feel the world is getting worse and worse and I feel when this greedy world doesnt have its favorite thing in the world “MONEY” its going to get so bad.

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+1 Vote -1 Vote +1Robert
November 20, 2010 at 9:38 am

Your concern is justified and very reasonable. Rather than canned food only consider dry bulk food also as this will cost you much less to build a stockpile. Per person per year you will need: Rice plus pasta 350 – 400 pounds (white, not brown rice), beans and peas and lentils 60 puonds (total), oil (olive oil keeps best) 40 – 80 pounds (1 liter is 2 pounds), sugar 100 pounds, salt 10 pounds, 365 multi vitimins plus minerals. Store the grain and legume products under carbon dioxide: In a 5 gallon virgin plastic bucket place a 1 inch layer of food to keep the dry ice off of the bottom. On top of this place a fist sized piece of dry ice (try to keep it dry of water condensate – scrape off frost) then fill to the top with grain / legumes and place the lid over the top loosely (For grains a 5 gallon bucket holds about 30 pounds – macoroni quite a bit less). Seal lid without opening after 12 to 24 hours. Keep sugar dry and protect from ants and roaches and rodents (NO dry ice). Try to also store at least 5 – 55 gal of water per person. Store clothing / bedding to protect all in an unheated house in your area. For barter store: fats and oils, chocolate, coffee, distilled spirits , and small arms ammunition in common sizes.

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Vote -1 Vote +1Michelle
December 5, 2010 at 12:01 am

Thank you so much for this information. God Bless

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Vote -1 Vote +1john
November 14, 2010 at 10:31 am

well i know it when they said quanitive easing they were going to fire up the presses and behold they are printing play money and that will drive up the cost of every darn thing EVERYONE GET READY FOR THE BIG BANG OF FINACIAL DISASTERS AND GET FOOD WATER AMMO FIRST AID GAS AND EVERYOTHER COMMODY THAT IS OUT THERE WHEN THINGS GO UP IN PRICE BESURE THE RIOT WILL BEGIN

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