Why guns are important in an urban survival situation

I?ve noticed some people here are asking why guns are necessary in a SHTF scenario. In a short term situation such as a hurricane or an earthquake you can likely get by without having to use a firearm, although your chance of being a victim of a violent crime is greatly increased, which would make a gun come in useful. If you decide not to pack a gun in your BOB or have one in the house, you probably can still survive.

In a total civilization and government collapse that you can?t simply walk/drive away from, anyone who does not have a firearm is going to die. You cannot survive that without firearms. I think this scenario is disturbingly likely due to our dependence on the oil industry for our survival. It requires oil to get the seeds to the fields, to plow the fields, to harvest, and to distribute the raw resources to the processing plants and then to distribute the products to you. Your food may be produced far away from where you live. Also given the unprecedentedly large number of people who are dependent on a tiny number of people to produce their food and that most people don?t even know anything about how their food is made I think we have made ourselves very vulnerable to a modern super-famine of a magnitude that has never occurred. If you live in a city things will be much worse than for rural inhabitants. I suspect that panicked hungry people will turn to killing and eating animals and livestock, they may enter areas that warehouse seeds for farming and consume them, which would effectively eliminate the ability to produce food and animals don't spawn out of thin air, they have to go through the same reproductive cycle we do, so a loss of 99% of livestock will result in a situation where we are not able to bring supply up to pre SHTF levels for generations. Every year there are more and more government dependents who think that other people owe them their necessities and this entitlement to the property of others will not disappear once the welfare checks, CHIP, health care benefits, food stamps, or whatever giveaway program dries up. They will be out looking for someone to give them what they need and when they don?t get it they will be willing to chop you up with a machete or hit you with a crow bar in order to get your supplies. The point is the world would become a very dangerous place and if you don?t have firearms and the skills to use them you will die. If you have political hate for or unreasonable fear of firearms, that?s fine, not everyone is meant to survive a serious societal collapse, but a serious survivalist knows a firearm is an important tool to have.

If you are handicapped by a political hate for or unreasonable fear of guns then I suggest including a means of suicide in your supplies, because swallowing a pill will be better than being chopped up by a machete.

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Why guns are important in an urban survival situation

I?ve noticed some people here are asking why guns are necessary in a SHTF scenario. In a short term situation such as a hurricane or an earthquake you can likely get by without having to use a firearm, although your chance of being a victim of a violent crime is greatly increased, which would make a gun come in useful. If you decide not to pack a gun in your BOB or have one in the house, you probably can still survive.

In a total civilization and government collapse that you can?t simply walk/drive away from, anyone who does not have a firearm is going to die. You cannot survive that without firearms. I think this scenario is disturbingly likely due to our dependence on the oil industry for our survival. It requires oil to get the seeds to the fields, to plow the fields, to harvest, and to distribute the raw resources to the processing plants and then to distribute the products to you. Your food may be produced far away from where you live. Also given the unprecedentedly large number of people who are dependent on a tiny number of people to produce their food and that most people don?t even know anything about how their food is made I think we have made ourselves very vulnerable to a modern super-famine of a magnitude that has never occurred. If you live in a city things will be much worse than for rural inhabitants. I suspect that panicked hungry people will turn to killing and eating animals and livestock, they may enter areas that warehouse seeds for farming and consume them, which would effectively eliminate the ability to produce food and animals don't spawn out of thin air, they have to go through the same reproductive cycle we do, so a loss of 99% of livestock will result in a situation where we are not able to bring supply up to pre SHTF levels for generations. Every year there are more and more government dependents who think that other people owe them their necessities and this entitlement to the property of others will not disappear once the welfare checks, CHIP, health care benefits, food stamps, or whatever giveaway program dries up. They will be out looking for someone to give them what they need and when they don?t get it they will be willing to chop you up with a machete or hit you with a crow bar in order to get your supplies. The point is the world would become a very dangerous place and if you don?t have firearms and the skills to use them you will die. If you have political hate for or unreasonable fear of firearms, that?s fine, not everyone is meant to survive a serious societal collapse, but a serious survivalist knows a firearm is an important tool to have.

If you are handicapped by a political hate for or unreasonable fear of guns then I suggest including a means of suicide in your supplies, because swallowing a pill will be better than being chopped up by a machete.

View the original article here

The Most Important Price Chart for Investors

So, let me guess. You thought I was going to give you a price chart of the movement of oil, gold or interest rates. I don’t need to show you charts on them…you’ve been reading on these pages for months that they will continue to rise.

The most important chart for investors is about a transfer of economic power. It is about investors and foreigners leaving the U.S. dollar. It is about the repercussions that America will feel during its quiet devaluation of the greenback. It’s simply about America no longer being number one.

Somewhat of an economic history buff, I’ve come to learn that history does repeat itself. Only the places and people change. Countries gain economic power and world dominance, they get spoiled and lose their way, and then they lose the economic power.

By the end of World War II, the U.S. industrial revolution solidified the position of the U.S. as the world’s leading and largest economy. We became a creditor nation. We did more trade with foreign countries than anyone else. Investors the world over wanted American-made goods and U.S. dollars. In fact, we were so strong as an economic power that we were able to convince world central banks that they can sell their gold and replace their reserve currency with U.S. dollars. (Likely to be eventually recognized by historians as the biggest global financial scam of the 1900s.)

Just over half a century later, we became a debtor country that started importing more goods than we exported. Commerce-hungry foreign countries seized the opportunity to make goods cheaper and cheaper than we ever could. Now, I know I will get e-mails today telling me that the American manufacturing base is still strong. But the facts are the facts. We’ve gone from being a huge net exporter to a huge net importer in about three decades’ time.

In 1962, a man from Arkansas figured he could bring in goods from Asia and sell them to Americans at a savings they would enjoy. Today, Wal-Mart accounts for about 10% of all retail sales in the U.S. Along the way, other entrepreneurial American corporations figured they could open plants in Mexico, Indonesia, China, Taiwan, India and other low-wage countries and import goods to the American people.

The chart linked to below shows what all this American ingenuity has done for our currency: the greenback has been devastated. There is a very real risk that our currency will soon fall to a record low against a basket of other well-known world currencies. When that happens, our interest rates will rise, stock markets will fall and gold bullion will enter phase three of its bull market.

http://stockcharts.com/h-sc/ui

Whatever your portfolio consists of, whatever you would like to leave to your family or children, ensure your portfolio is properly structured to benefit from, or at least be protected from, the repercussions of your assets and investments being denominated in a second-tier currency.

Michael’s Personal Notes:

It’s December 1999 and I’m in a real estate closing. The two real estate brokers, who I didn’t know knew anything about stocks, are on the phone with their stockbrokers buying shares of Internet companies with no revenue. They are paying about $200.00 a share, because the IPO is almost sold out. I see this as investor euphoria, also known as investor panic buying on the upside. The NASDAQ is trading at 5,000 in December 1999.

Twelve years after the bubble burst, it is still down 44%.

It’s December 2005 and I’m in a restaurant in Miami, Florida. The waiter has just told me this is his last week working as a waiter, as he just got his real estate sales license. He tells me that condos in Miami will double in price by 2007. There is a new financing vehicle called a “No Income Validation” mortgage that is making it easy for consumers, investors and speculators to own multiple homes. By 2011, we will still be in the biggest real estate crash in American history with no bottom to the market in sight. Home prices in the U.S. have fallen an average of 30% since 2005.

The above are two true stories.

It’s December 2015 and the price of gold bullion has just surpassed $3,000 an ounce. Any company calling itself a gold miner is having no problem raising money for its IPO. In fact, investors are throwing money at the companies even though all they have is mineral rights to unproven properties. The shares of Barrick, Goldcorp, Newmont…they are all trading well above $100.00. Everyone wants in on the gold action.

The above story will become a reality, hence why you need to act and position yourself BEFORE the crowd moves.

Where the Market Stands; Where it is Headed:

The Dow Jones Industrial Average starts this final trading day of the week up 5.9% for 2011. I’m still of the opinion that the bear market in stocks that started in March of 2009 is still intact. Yesterday’s surprise 191-point advance by the Dow Jones Industrials confirms this opinion.

What He Said:

“For the economy, the message from retail stocks is quite clear: Consumer spending, which accounts for roughly 70% of U.S. GDP, is in jeopardy. After having spent like ‘drunkards’ during the real estate boom years, consumer spending is taking the same trend as housing prices, slowing down faster than most analysts and economists had predicted. As news of the recession continues to make headlines in the popular media, the psychological spending mood of consumers will continue to deteriorate, lowering earnings at most high-end retailers and bringing their stock prices down even further.” Michael Lombardi in PROFIT CONFIDENTIAL, January 28, 2008. According to the Dow Jones Retail Index, retail stocks fell 39% from January 2008 through November 2008.

Michael bought his first stock when he was 17 years old. He quickly saw $2,000 of savings from summer jobs turn into $1,000. Determined not to lose money again on a stock, Michael started researching the market intensely, reading every book he could find on the topic and taking every course he could afford. It didn’t take long for Michael to start making money with stocks, and that led Michael to launch a newsletter on the stock market. Today, Michael only employs the top market analysts and editors. Some of our recommendations have posted gains in excess of 500%! Michael has authored and published over one thousand articles on investment and money management. Along the way to building Lombardi Publishing Corporation, now with over one million customers in 141 countries, Michael became an active investor in real estate, art, precious metals and various businesses. Readers of the daily Profit Confidential e-letter are offered the benefit of the expertise Michael has gained in these sectors. Michael believes in successful stock picking as an important wealth accumulation tool. Married with two children, Michael received his Chartered Financial Planner designation from the Financial Planners Standards Council of Canada and his MBA from the Graduate Business School, Heriot-Watt University, Edinburgh, Scotland. Follow Michael and the latest from Profit Confidential on Twitter

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