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4 Comments

  1. Investing in farmland is a good decision. Investing in hands-on agriculture enterprises is even a better one. Small scale natural animal production, grain and other crop production, is fulfilling on many levels.

    We raised our four kids on just a few acres but ensured they were around growing gardens, sheep, chickens, horses, cattle, dairy goats. It provides them more wholesome lives. We raised our kids to believe in God Almighty, his Son, and the Holy Spirit. None of our kids ever grew drug-dependent or was arrested, and all are working for a living, PTL.

    Growing up rural provided the homestead life to let them focus on positive living. Our two grandchildren are having gardening and homestead values instilled in them now. Farmland makes it happen.

  2. I don’t think that the Major Banks are an accurate benchmark anymore. Sure, while they and the Fed rule the world, we, in actuality, don’t need them. The fourth and tenth largest banks by number of accounts are completely digital. And it’s not just that. “Money” is what people say it is. Everybody is catching on that the balance in their bank/brokerage is just a notional number electronically. They are not going to go quietly but the Banks are simply no more than highly regulated government run utilities. Of course what Wall Street thinks matters more in the short and medium term. You may be right about the immediate effects of poor financial results while Deutsch Bank may be insolvent and Europe are likely already in a recession but the FinTech systems are changing the world. The Banks are dinosaurs.

    That is without considering Crypto either, but the reason Wall Street is calling Crypto an “Asset Class” instead of a fee free medium of exchange (cash) is just out of politeness to the bosses of the major Banks who employ most of the traders and deploy most of the trading technology. The writing is on the wall for the banks.

    Dear Banks, we don’t need you anymore. And it’s with a note of sadness because the local community bank used to have honorable men who cared about their town and county but you nationalized banks are an abomination, goodbye and good riddance. Ps. We want our money back!

    In the interim, as a prepper, one should have some fungible, trade-able, monies, and assets on hand while the roll up to fully digital money continues to ramp exponentially.

  3. Crypto currency, bitcoin, 401K’s, Roth’s, any retirement account, basically any assets held in a bank. All, in my opinion are completely worthless other than to pay bills and facilitate transactions out of your immediate area. When the grid ceases, there is no electric, internet, other communication, what good are they? You can’t access them, so they don’t even exist in all practicality.
    What you hold in your pocket, the items you have surrounded yourself with to be used to buy, trade, barter with, will be the only thing of value to obtain your necessary needs. That and the good tidings and graces between you and your neighbors will be the only thing that keeps you and your family, including your community, to successfully negotiate the coming hard times. Farmland and or the ability to provide for yourself will be key in surviving any outcome.
    A grid and or economic implosion just may be the best case to avert the impending civil war our present “rulers” insist on enforcing upon us. In large part, the oppressors will take care of themselves and leave the rest of us to carry on in peace and re-build our country to what it was intended to be.

  4. Wells Fargo to turn negative on gold??

    Who would /should take any advice from these crooks today? They have proved themselves to be the liars and cheats that they are.
    Like the lyrics in an old Woody Guthrie song “some will rob you with a six gun and some with a fountain pen”!

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