/pol/ - Politically Incorrect

Bump for Happening

Bump

US is already in recession.

I don't need this info to know.

>>4931688

Yea but Now the Asian markets are now unbelievably fucked

Expect shanghai to drop 200 points Sunday night

>>4931644

>less than five percent

Explain why we should care about this.

>>4931644

I thought Hang Seng was going to be down for the Chingchong new year all week. This is a pleasant surprise.

>>4931716

>He doesn't realize the full picture

Asian markets are fucked. Shanghai's dropped more than 20% for the year, Nikkei hs called 1,200 points in the past two days alone, and now hang seng has fallen more than 800 points. Something is not right

>>4931766

>Fallen not called*

Fucking Autocorrect

Bump

>>4931851

I'm gonna have to ask for some context here.

>>4931862

It's a midget cat, happens when a kitten is born with fetal alcohol syndrome.

new battlefield

>>4931941

THE NEW BATTLEFIELD

IS THE OLD BATTLEFIELD

>>4931644

It's ok guys, we only have to wait until November 5th, and then "Jeb will fix it". He's really good at raising money, just look at how much he's raked in from campaign contributions! Remember goy, vote Jeb!

>>4931967

You know as well as I do that was the tip of the roller coaster. Don't hate on the anons whooping at the G-forces as we drop further down.

>>4932014

NOTICE ANY PATTERNS?

>Trump said in his rally today that we "are in a yuge bubble that's about to pop"

pure coincidence?

It's not like he knows anything right fellow goyim?

South Koreas main exchange is almost -5% right now

>>4932022

>Worst Korea crashing

And nothing of value was lost

>>4932038

South Korea is where Samsung is based. Lots of manufacturing there.

>>4932059

Ah true.

Either way Asia is crashing by the end if next week

Maybe I should roll for the crash and burn of China's market.

Maybe I shouldn't.

>>4932078

I'm going to a Trump rally friday.

I hope it crashes before the rally.

>>4932017

shit, we've finally arrived, haven't we?

Let it Burn

THE NEW BATTLEFIELD

IS THE OLD BATTLEFIELD

>>4932129

>the new battlefield

yes goy

HOLY CRAP CHECK OUT NIKKEI FUTURES

http://m.investing.com/indices/japan-225-futures

JAPAN NO

NOOOOOO

>>4932149

YES

THE WORSE THE ECONOMY DOES THE STRONGER TRUMP BECOMES

THE CRASH MUST HAPPEN NOW NOW NOW

It's fucking China. They practice state capitalism when everyone else has already left for interventionist policy. Daily reminder that China has entire cities with 0 people living in them.

>>4932174

>Daily reminder that China has entire cities with 0 people living in them.

Confirmed for being a retard about economics.

As Trump has repeatedly said, you can NEVER have too much residential housing.

>>4932017

The dead cat has just bounced and is now on the way down…

>>4932216

>Republicans control Senate 54/44/2

>Republicans control House 246/188/1

>Democrats control Media

Let's be honest about who's going to be blamed

>>4932216

>blamed for it

It's their fucking fault.

The Second Great Depression started in ~1987

>>4932239

The jews?

>>4932247

God willing

>>4932247

I Fucking wish anon

The saying is "This revolution will not be televised" for a reason

>>4932239

You can blame Obama for vetoing everything

>>4932272

You can but who will the media blame?

>>4932328

Doesn't matter who the media will blame, Trump has shown the public he can bend them over a fucking barrel and rape the holy shit out of them.

>>4932337

And the media just gives him air time 24/7 just cuz… Interesting…

>>4932445

tsundere 4 trump

like u are. kike filtered

>>4931766

Of course I realize the full picture. SSE is correcting to pre-boom levels. Japan’s collapsing because of NIRP. All of this is behavior typical of a spike reset, as can be seen on charts.

The real collapse will start when Schengen is ended and the Euro dies.

Fucking zerohedge OCD clickbait happenings.

>>4932678

reminder zerohedge is literally ran by a jewish retard who i've blown out personally on twitter yet he still follows me for my sick $goy tweets

>>4932604

Inevitable. It’s just so damn slow this time around because the kikes now have power unimaginable before the last collapse.

Think they will try to accelerate things around election time?

>>4932704

>>4932695

Zerohedge is what bluepillers see as a redpill, like Alex Jones.

>>4932727

won't doubt that, and .1% of the contributors are actually worth a damn

>>4932014

Yea that's that chart I needed. Looks like the support is breaking right now.

Bumping for happening

>>4932695

>>4932727

Am I missing something here. What's actually red pilled then?

>>4932695

What's the Kike's name?

>>4932919

>Am I missing something here.

A question mark!

>>4932921

Can't remember. Follow his twitter sometime though and you'll find casual mention

DAX OPENS DOWN 200 POINTS

JUST

>>4932929

He lost his Wall Street job for violating securities law, didn't he?

>>4932947

I wouldn't be surprised he's a greasy lying kike who gets paid shekels for pushing narratives since he's muh alternative finance blogger and isn't max keiser, the most based man in the world

tbh stick to mas keiser and supply/demand economics basics, stuff like zerohedge is toxic

>>4932925

Shit your right!

ALSO, SILVER JUST MADE A 6 MONTH HIGH 30 SECONDS AGO!

http://coininfo.com/

>>4932962

Max Keiser is a scamming Kike.

I can't believe you just supported that Hebe.

I think ZH owner's first name is Ivan or something. I read his name years ago when the site first started.

>>4932962

Max Keiser also runs scams with Alex Jones.

>>4932983

>>4932978

fuck off zerohedge

checkem

>>4932998

ZH is a Kike owned economics doom and gloom scam website.

>>4932983

>>4932978

IDK BRO. Max told me to get into Bitcoins in 2013 and made me a couple grand when he was on the Jones show he was going nuts telling everyone to get in at like $75-100.

>>4933037

Okay, Alex.

>>4932236

thats an impressive stack of skulls

>>4933059

I'm not posting on 8chan. You just think I am. It's an illusion.

G O L D . S T A N D A R D

O

L

D

S

T

A

N

D

A

R

D

S O O N

http://journal-neo.org/2016/02/03/iran-completes-eurasian-golden-triangle/

>>4933088

>candyland money

>>4933088

>perth mint

enjoy your bauxite

>>4933088

Alex Jones pls leave.

>>4933088

noice

>>4932555

And after Trump gets elected. To have Trump a bad start in his presidency.

WHERE YOU AT NOW SHILLS??

>>4933088

fake? If thats gold its fucking expensive

>>4933088

You need a lot more silver. The gold to silver ratio is almost 80.

>>4933111

see

>>4933100

>>4933083

>>4933053

>>4933022

>>4932983

>>4932978

>>4932947

>>4932921

>>4933088

Also an Ausfag, where do you store your stack? You would have some sort of safe at home right? The prices for storing it in gold facilities is somewhat high but considering your gold is insured against pretty much everything is peace of mind.

I have been considering dropping 5-10% of networth into gold/silver. Its just something of a hard sell at the moment because I don't sense that fiat currency is going suddenly implode overnight and be worthless so its only warranted currently purely from an investment angle.

>>4932174

>Daily reminder that China has entire cities with 0 people living in them.

Sounds like China needs niggers and muslims.

For growth goy.

>>4933197

Your going to want to watch the Federal Reserve bank in America IMO Goy. Last time silver went up 7 fold it was because of QE and low interest rates. The world countered the debasement of the reserve currency by purchasing precious metals. So when the FED announces QE 4 or negative interest rates that is the time to jump in on silver ASAP.

My best advice mate good luck.

>>4933088

I swear, yuropoor money looks just like fucking Monopoly money with that generic font for the numbers.

>>4933112

It cost me nearly $300k dollarydoos to accumulate.

>>4933137

I have a monsterbox on the way, not sure what I should get now. Should I just amass the cheapest silver bullion I can get?

>>4933197

In a vault outside of the banking system. In the case of the company or the economy going tits up I still retain ownership over everything inside the vault and it costs me $250 per year to store it.

>>4933248

I meant there is $300k in the vault, gold cost me $190k. Sage.

>>4933088

You wasted so much money on nothing.

Why?

Dow futures -260.00, this gonna be good

>>4932970

It was artificially deflated for a long time now compared to gold. That isnt saying much

>>4933239

This makes sense especially with a lot of noise currently around negative interest rates being pushed as a thing. I just really don't have much of knowledge around metals to be comfortable making a decision, also the silver price fixing debacle two weeks ago left me with serious concerns as to how manipulable these markets are.

I think I need to be less of a pussy and just commit.

>>4933275

No, it's rising because gold is rising.

>>4933245

Its harder to counterfeit though

>>4933296

I know you dont probably dont know fuck all, but the value of silver has been too low for a long time now, many suspect its due to jew fuckery of the market. Even though it is at a 6 month high, it is still a good investment.

>>4933296

see

>>4933149

>>4933248

>In a vault outside of the banking system.

Check your contract, make sure they have no rights to rent out your gold.

Visit it routinely, and check the serial numbers against your list to make sure it's really yours.

Trust no one.

We're all going down lads.

>>4933333

HOLY FUCK

>>4933333

hesitantly checked

>>4933333 quints confirm

>>4933333

>>4933344

dubs confirms quints of truth

>>4933366

shame that doesn't matter once reality sets in and silver goes to where it should be, around 500$

but hey enjoy your gold goyim

>>4933263

Panic buy when the markets shat the bed back in September. I don't regret it when I read up on the state of the global economy and Australias economy in particular.

>>4933088

Fucking cunt.

100/10 makes mine look like shit.

Be careful about holding that much cash though bro, its illegal to hold more than 10k in Australia.

>>4933285

You don't have to go all in mate. Just maybe put %1 in and you can always get more if it goes lower while the fundamentals stay the same. The fundamentals for precious metals are the there is a 100 quadrillion derivatives bubble, endless national debts, and money printing worldwide. Metals are one of the best hedges against inflation and will are going to have inflation trust me. The central banks won't let stocks crash and thing good great depression deflation, they will come in to print money or do negative interest rates before that happens.

So see its not that complex. The only way you wouldn't want silver is if they were to let the economy fail, but if they come in to save it like they will then you'll want the metals.

>>4933396

Do you think he should wait for deflation to set in before making any big purchases?

>>4933466

So under your advisement you should start hoarding now for an event that will probably happen 20 years down the road?

>>4933482

Not that I agree or disagree but what is your reasoning for that time frame

https://www.google.com/finance?q=INDEXHANGSENG%3AHSI&ei=YSK8Vpi2Fc-S2Aap5anoAg

Its not happening at all, check 1 day graph

>>4933248

Yea just the cheapest you can find. Like craigslist or something just make sure it's not fake. Silver makes a chinggg noise when struck so once you get used to the noise you will know right away when the coins are fake.

>>4933440

Yea probably. We might have a better buy next fall/ winter but I would start getting into it a little bit now. %15.40 is still undervalued IMO so there's a decent chance you might not get a better opportunity.

>>4933371

I bought my last batch at roughly 14, and my gold stash at ~600 to 700. Most of my silver was purchased at below 12. I had a stash before that which was purchased at ~5 to 6, but had to liquidate in the 2007/2008 crash @ 14 & change (needed the cash).

Gold and silver are long term investments, they hold value, they do not appreciate. The only way to make money off them is to ride the inflation train, selling when inflation is rampant & then buying it back when the dollar subsides…in that case, you are basically "investing" in the dollar when it's strong, & gathering it when it's weak, creating wealth off the inflation…but when you go to store that profit, put it in metals, which are immune to such nonsense.

Some would say that because gold was at 1800 for a while, I "lost" 1100 bucks an oz. by not selling…but in reality, I lost nothing & I gained nothing.

As for manipulations, yes…the central banks have been suppressing gold's real value by manipulating it with "paper gold" and that's a problem, and in doing this they have screwed up silver's value, too.

If you really wanted to make money off that manipulation, you should research the currently moth-balled mining operations to see which is carrying the least debt-load, and buy up shares in them. When gold & silver breaks out, they will skyrocket (just make sure your broker buys the shares under your legal name, and not a "street name").

>>4933482

Considering how long developing all the skills you'd need I'd say that's a good start.

>>4933495

Scroll back to the drop and check the date of it, it opened at that inexplicable drop.

>>4933482

>>4933495

The situation that anon is describing is pretty much the end times of a dystopian world where staying alive is a day by day thing. There is no possible way for this sort of scenario to occur in the short to medium term without a full out nuclear war. Even a civil war would not lead to circumstances to be this dire.

That is if it happens at all nothing is for certain but to reach a state like this I would guestimate it would take a period of at least 20 years for global infrastructure to deteriorate to a world like anon suggests where electricity, water, gas and food are luxuries.

>>4933482

Gold is for fools.

http://money.cnn.com/data/premarket/

U.S. Stock Futures

Dow -308.00 / -1.94%

Nasdaq -89.00 / -2.24%

S&P -35.25 / -1.91%

Data as of 4:29am ET

>>4933540

It takes 2 weeks, the supply lines of various trucks for food is only really set for about 2-3 weeks of stock which will run out from being sold by everyone rushing to buy in a mass panic. No money or food for the truckers then no more food being supplied to the grocery store, then 3-4 days then everyone loses their shit and it deteriorates from there.

>>4933544

Silver and Oil are for people the know how to buy low ;)

>>4933519

I never said its not a good idea learn and maintain general survival skills, but that hoarding at this stage is pretty nonsensical and saying shit like hurrdurr gold is not going to save you when everything is completely fucked is redundant because that scenario is decades away.

>>4933558

Sure but in what situation outside of a natural disaster would this occur for an indefinite and prolonged period in any first world country?

Your implying that the government just completely abandons its people? In the case of a civil uprising against government then such a situation is plausible but if you think that is likely to happen any time soon I would disagree.

>>4933554

Note that it is -308 in pre-market trading.

Who knows how low it will dip when the markets open.

>>4933586

Economic collapse, and none of the conditions of the last depression being present. Which none of them are. Anything that delays supply and shipments of food, and no farmers to locally provide enough is all that is needed.

Don't worry though it's perfectly recoverable you'll just likely die from disease, or die in the city especially one reliant on outside assistance for food and water.

>Your implying that the government just completely abandons its people?

The people make the system work, when the cops are looting it's because their family and loved ones are more important to them then you and they're not getting money and it's clear that there is no benefit dieing for nothing.

>>4933561

The oil glut is due to the impoverishment of the middle classes in the U.S. and Europe.

Do you seriously think that will end anytime soon?

Trump's victory is not yet assured, you know.

>>4933509

>As for manipulations, yes…the central banks have been suppressing gold's real value by manipulating it with "paper gold" and that's a problem, and in doing this they have screwed up silver's value

This is what is most concerning to me, you suggest I can profit off this but realistic I don't have the time or knowledge to investigate such options. But it seems to me that although in times if high inflation and negative rates silver/gold should definitely be profitable the fact that the jews that be can interfere with the free market and already have a history of doing so makes me far more hesitant.

Someone explain this to me, shouldn't oil prices being lower mean food prices are lower?

Food is transported by trucks, trucks run on diesel, lower diesel means lower costs no?

>>4933558

>then 3-4 days then everyone loses their shit and it deteriorates from there

Only if they're black. Thanks to winterchan, white people actually pool their resources to survive for longer periods.

>>4933561

>buying oil

t. boone pickens

>>4933554

Not shilling it for CNBC, but http://www.freeintertv.com/view/id-2566 to see the shitshow in good qualoty for free.

Italian market down by 4.5%:

sorry my shitpost overloaded your turtlepower servers hotwheelz :(

>>4933666

thanks.

>>4933622

>economic collapse

People seem to believe that it will be a collapse for which there is very little evidence, even in situations like the 2008 GFC "collapse" we where so far away from the survival situations you like to envision.

It is going to be a crumble not a collapse

As said by

>>4933396

Central banks will do everything in there power to maintain the status quo and avoid a total crash as well as blame for as long as humanly possible and there is never ending jewery to which the can keep the charade of endless debt going.

>>4933650

>This is what is most concerning to me, you suggest I can profit off this

No, I do not.

Gold & silver is your own personal bank account that you control & is not subject to bank collapses or "bail-ins," nothing more. And it does not pay you any interest.

If you want to profit, play the market, like the mining stocks I suggested.

Another way is to wait for the crash & immediately buy blue-chip stocks when it bottoms. The thing is, even though the companies that make up the blue-chips are sound, even through a major crash, their stock value will plummet along with the rest, and they'll be fine until the market turns around.

>>4933666

The real danger to the banks are the derivatives that are hedging every one of these rapidly falling stocks.

The world's banks are exposed to dar more than they can possibly pay off on, and even the banks that are on the right side of the hedge will not get paid off.

The central banks will pick them all up for a song after they fail. The investors will lose all, and the account holders will lose as well, after all the bail-ins leave them holding worthless stock in a failed bank.

>>4933694

Ok fair enough and while it is incredibly sensible to have assets not tied to other entities that a prone to whatever may happen, in the short term I don't see an immediate future where banks in Aus (specifically) collapse what then is the purpose if buying metals if there is little profit to be had. Your just hedging your bets slightly against a once in a lifetime event that will cause all fiat currency savings to be wiped out?

>>4933691

What you describe as a crumble is just a build up to a major shift in the economy, the actual signs to collapse are clear and only happen two weeks to a few days ahead of time.

FYI the Depression and what happens in Argentina or Cypris are what economic collapses look like, Argentina is what happens when the food stops coming due to an economic collapse and circumstances do not permit a continuous supply. Cypris is what will happen when perpetual stagnation after hitting rock bottom occurs.

Both Cypris and Argentina are survival scenarios however the difference is what happens in the city, which is where most of that apocalypse is nigh shit you are skeptical of actually happens. Rural places don't experience this, this is all concentrated into the cities.

I didn't buy anymore silver or gold this week, maybe I should have. I already have a stockpile of 5 ounces gold and 750 ounces silver, so no regrets.

They're going to institute capital controls pretty quick and penalize cash holders, so better get physical assets while you can. Ammo, booze, gold, silver, land, etc.

>>4933691

>Central banks will do everything in there power to maintain the status quo and avoid a total crash

makes sense to me

I think noses are wise to the fact that crisis manipulation may not work as well going forward as it has in the past. At least not in the U.S. which is more or less their base of operations. The tide of public opinion is shifting back against them and it's time to consider other options. I think we will see some hardcore chemical/biological subversion in our lifetimes. Of course this has been at play for a long time which explains the docile cuckoldry more than brainwashing can account for. I'm saying they are going to put it into overdrive because their bread and butter is no longer as reliable.

>>4933776

>750 ounces of silver

Why not get it melted down and cast into a statue at that point?

>>4933791

…… you are aware of why you buy gold or silver in coins or small pieces, correct?

>>4931644

It's payback time for the boomers. Many thought they could retire on their bullshit tulip-bulb tier investments. With Jews, you lose.

>>4933466

If you're leaving in a country in that have limited food supply production and also pounded with massive trillion of debt, then yes. That would be the preparation you need. Though I don't think this type of happening would affect eastern EU countries and other white nations like Australia and New Zealand.

They are pretty much rich with food supply and more likely survived any sort of necessity shortage.

>>4933805

You are aware that currency is just a figment of the imagination, right?

>>4933805

to hide it from the jews?

>>4933466

If you're leaving in a country have limited food supply production and also pounded with massive trillion of debt, then yes. That would be the preparation you need. Though I don't think this type of happening would affect eastern EU countries and other white nations like Australia and New Zealand.

They are pretty much rich with food supply and more likely survived any sort of necessity shortage.

>>4933837

living*

>>4933773

Im not knowledgeable as to the prior situations in those countries and you can never be 100% confident in anything.

But to me for a quick wiki read it seems those are situations that would be hard pressed to be duplicate in a first world country. Mainly because almost global economies ride off mutual assured destruction in that if America went to shit in terms of its economy so would almost every other country.

What this means is that every government and every central bank has a huge invested interest in keeping the show going for as long as humanly possible. And they will lie and distort truths to keep the puppets moving to make sure there not the ones that are holding the ball when it finally comes collapsing down.

>>4933832

Here's a hint: when the only piece of silver in your house is your bust of plato, how the fuck are you going to buy something? generally the idea is to be able to spend the non-fiat currency in a post-fiat barter system if, god forbid, the entire system went up into fucking flames.

i mean if you want a silver statue go ahead but it wont hold it's value correctly just get bronze it's prettier

>>4933840

>tfw millionaire and can buy gold whatever the price

>>4933646

There are more things at play than just the middle class Goy. It has to do with undermining the Russian economy, middle eastern wars, OPEC, economic slowdown.. etc. Either way I'll buy Oil at $25 a barrel and sell at $100 in 3 years. Tell me why Oil is going to stay low forever please?

>>4933669

Exactly. Buy that shit when no one else wants it. You know it's almost time to buy when people are saying "OMG it's going to go down foreverrr, wayyy below $0.99 a gallon."

>>4933691

This guy knows what he's talking about. We will both be buying silver WHEN the Fed announces its going to prints $2 trillion.

>>4933891

>unironically being rich on a siamese tree carving website

>>4933891

It's still nice to generate wealth on the rise up in metals as everyone floods into metals. The closer you can get in near the bottom, the better off you are.

>>4933933

nice sequential digits

>>4933920

>>4933933

i have about 50k in gold and 30k in silver

how well will i do? i dont care if its a bad investment in the end, money means nothing when its life or death

>>4933942

>money means nothing when its life or death

sanguine economics confirmed, get out of here vampire

>>4933666

CNBC is a joke, they usually shill the establishment line.

So with them as gloomy as they are, and talking highly about gold, after years of calling gold a barbarous relic no one wants to own, is ominous.

>>4933942

Better than me. If China devalues the yuan against gold, while keeping onshore USD/CNY exchange rate fixed, gold could rise to $5000-$10,000 range very quickly. China is opening it's gold fix in April to compete against the LBMA and COMEX, and it's a cash/metals only fix, no paper gold.

>>4933979

yeah tbh im not really bothered on making money just protecting the wealth. i got plenty of non cash assets (farm land + house) and building up supplies, food etc

>>4931995

That is very nicely said.

>>4934015

Trump is going to make public discourse great again

>>4933942

Your probably lying. But its all about being diversified and holding things that are undervalued while selling things that are overvalued or unproductive.

>>4933851

Your belief in the banks is very predictable, however, what exactly would they do that wouldn't lead to hyperinflation. Canada and every European country already has Bail-In measures in place. Banks being "too big to fail" simply means that they'll crash the economy with Hyperinflation, Bail-Ins, and Bail-Outs which result in the same outcomes. Negative Interest rates also wouldn't fly very far.

That's ignoring the fact that your blatantly disregarding the currency war that's happening right now, and is directly responsible for the oil prices.

>But to me for a quick wiki read it seems those are situations that would be hard pressed to be duplicate in a first world country.

A huge swathe of farms are industrialized corporate owned farms, majority of our manufacturing base has moved out of the country, etc., etc. Like I said the things that made the Depression bearable are not there anymore.

You also keep throwing around "first world country" like that even matters.

>people in this thread seriously thinking the Second Great Depression didn't begin in 1986-1991

Wake up, the American and global economies are husks, there is nothing left it is all a huge bubble at this point.

And when the bubble pops people will finally realize there is nothing left.

Hell, if I see gold at 10k, I'd start the funerary rites for the US dollar. Only someone with no foresight whatsoever would think then and there that it'd be a good idea to turn his gold back into paper. Okay, maybe that's a bit presumptuous, but I'd still expect the value of the dollar to greatly diminish alongside such a rise in the valuation of gold… So that great profit you made buying gold at 1k and selling at 10k would not seem so great after a few days when the purchasing power of the dollar goes to shit.

I'm not too well-versed in economics, though. It seems as though international kikery holds this mess together with fucking scotch tape, too bad I'm not more prepared in case there is a scenario in which we go full zimbabwe.

>>4934039

>Your probably lying.

im not, but its fine, i dont expect anyone to believe me on cripplechan.

im just trying to do what i can so my family can survive the coming shitshow

i hope we all make it.

>>4934044

Of course first world countries matter do you think anyone cares if countries like Cyprus go to absolute shit? It has minimal to no effect on the global economy.

I have absolutely 0 belief in our financial systems they will fail because they are based upon stilts. All I am advocating is that a real SHTF situation is along way off and is never going to develop over the space of two weeks.

The problem is that social and economic collapse is not a singular event, it is a PROCESS. Collapse is a series of events that sometimes span years. Each event increases in volatility over the last event, but as time goes on these events tend to condition the masses. The public develops a normalcy bias towards crisis (like the old “frog in a boiling pot” analogy). They lose all sense of what a healthy system looks like.

It is not uncommon for a society to wade through almost a decade or more of violent decline before finally acknowledging the system is imploding on a fundamental level. It is also not uncommon for societies to endure years of abuse by corrupt governments before either organizing effectively to rebel, or caving in and submitting to totalitarianism.

Yes the economy may "crash" and there will be harder times comparable to now. But the economy crashing is not a totally societal collapse. Food may get expensive but government will continue to import food because hey DEBT DOESN'T MATTER, and they are not over 2 weeks going to suddenly decide to let the country starve if domestic supplies are depleted.

>>4933022

Yes goy, everything is perfectly fine right now!

Chairman Yellen knows exactly what she's doing!

Just, please, those pesky bail-ins and negative interest rates!

>>4934092

We'll all be fine don't worry. The only people who are going to die will be thos fighting ISIS. Our standard of living will just be lowered dramatically. If you want to survive financially just make good deals. Don't buy anything thats not going to hold its value for decades. Like I'm into music equipment and I know if I buy a $1,000 tube amp its not going to loose any value (unless I break it) and it will probably go up in value a lot over the next decade. While guns are nice they are already expensive so its not something ill be investing in. Maybe ammo if I can get a good price.

>>4934162

This goyim

"Anyone who says the American economy is in decline is peddling fiction"

-Some Crazy Nigger

>>4934077

The only point to convert it to USD when gold is that high is to immediately use that USD to buy land or other real estate.

Remember, shitloads of people are going to be suddenly out of work, like the 2008/2009 collapse. People are going to be struggling to pay rent and mortgages and put food on the table.

They're going to be selling their extra properties and vehicles at firesale prices.

If you've been waiting to get a new vehicle for bottom of the barrel price without a lot of mileage on it, that time is going to be coming soon.

>>4934188

>tfw I want to buy land but I don't have enough equity saved up yet

God dammit

>>4933895

>Tell me why Oil is going to stay low forever please?

Because the markets that used the most oil & oil-based products are destitute & buying as little of everything as they can.

About 40% of U.S. workers are on some sort of public assistance now, and none of them take vacations to the Bahamas or buses to Atlantic city every weekend like they used to.

I'll agree that the wars in the middle east are helping to keep supply up (The Saudis need money to support their military adventures, and they can't afford to cut production, no matter how little they get for their goo), but undermining the Russian economy is probably not a reason, considering that it's also undermining the oil economy of the west & crushing the fracking industry in the states.

As for the economy going "road warrior" on us, it's unlikely.

You may see the cities burn, but outside those cities are people that will still be chugging along on their local economies. And the cities wouldn't be so bad in those circumstances if not for the dependence on welfare that has been built up.

Our cities have supply lines built on credit, and when that credit goes *poof* where are you going to get your food, heat, & water in a city?

>>4934204

>and none of them take vacations to the Bahamas or buses to Atlantic city every weekend like they used to.

As an American I can tell you we never fucking did that, it's just media memes.

>>4934213

As a factory worker (non-union) in the electronics industry (back in the 80's & 90's), yes…I had co-workers that took yearly vacations to the Caribbean Islands, it wasn't as expensive as you might think.

But now, all the vacation resorts that were built down there in a frenzy of investment are abandoned & rotting, and it started in the latter half of the 90's, when the GATT treaty was signed & industry started being moved out of the U.S.

>>4934204

>undermining the Russian economy is probably not a reason, considering that it's also undermining the oil economy of the west & crushing the fracking industry in the states.

No mate you don't understand the whole picture then. The Saudis want to bankrupt the western oil economy so they have less competition, once they are bankrupt they can jack the prices up.

They also want to undermine the Russian economy because the Russians are fighting the Sunni's and the Saudis are Sunni. Remember who's been funding "rebels" the Russians are fighting goy?? I've said too much.. CIA plz no.

>>4934236

What state?

Because I live in Texas and nobody did that shit.

>>4934240

>Samefag

Notice also the decline really happens about 2007-8, just as the financial crisis hit. Deflation ongoing; don't neglect hoarding cash.

>>4934241

Considering the Saudi government has been running a deficit the past few years, it looks like they'r shooting themselves in the foot, as well.

>>4934241

Saudis don't give a shit about sunni and shia, Saudis work for Israel.

>>4934248

PA.

I was a bench tech in a factory that made process control systems.

They sold it all out, outsourced everything, & eventually shut down.

We had several other electronics plants in the area, but they all did the same thing at about the same time.

I don't do much with electronics these days, there are no decent paying jobs in it left. I went into business for myself in real estate.

>>4933395

>its illegal to hold more than 10k in Australia

How did they get away with something that blatant?

>>4934290

>How did they get away with something that blatant?

It's Australia, they ban hate speech and pornography with flat chested women.

>>4934240

Dude that chart shows the demand was lower when the price was $100 a barrel..

Plus, I realize demand is down that's the point. You buy when the price is LOW. Demand will pick back up, the economy is totally dead yet we still have at least another decade or two until the central planners can't save the sinking ship anymore.

>>4934272

Yes. They are loosing way to much money. But it may still work out for them if they can bankrupt half the western oil companies then jack the prices up 5 fold.

>>4934282

That's beside the point dude. He said why would the Saudis want to undermine the Russian economy and I said because the Russians are fighting people the Saudis are funding.

>>4934321

>Demand will pick back up

Only if Trump wins & makes America great again.

>>4934329

If he doesn't we only have a few years until UN peacekeepers enforce total ZOG control.

>>4931892

>This is gonna be good. China is never going to trust occidental economics again.

>mfw a Chinese Hitler emerges that does the job better for a tenth of the cost using captive bolt stunners and industrial composting

>>4934422

>Chinese Hitler

That doesn't work, mainly because the only leaders asians ever get are dictators or emperors.

>>4934329

He will win. The establishment is going to have to regroup and try again in 4-8 years when they can finally find a candidate that won't fall on his face. Trump will give them more money to work with once they get the white house back..

ALSO. Silver up to $15.66 goys, the bull market might be happening as we speak. http://coininfo.com/

>>4934448

>Trump elected

>establishment surviving

Pick one and only one.

>>4934290

You do realize the place started off as a penal colony? The Australian attitude is hard to pin down. Like Canadians, the laws are pretty much there due to tradition and enforcement is lax. They catch the stupid ones every so often and make an example out of them.

Did you know that there is a significant Italian mafia presence there? And Joe Avati is fucking hillarious. :)

DJIA FUTURES AT DAY’S LOW, FALL 361PTS; S&P -38, NASDAQ -91

GOLD ABSOLUTELY SOARING, NEARING BULL MARKET

>>4934483

And oli 26.45, 20.00 next week?

>>4934456

Parts of the establishment might be dead now that Trump is president but the global elite aren't going to give up that easy. They have already had gigantic wins the past 20 years and are we are long overdue for a little push-back. The American people are still sick as hell and will vote for a cuck in 4 years you just wait. The insanity levels are just taking a short break.

>>4934499

>global elite

>not jewish elite

Confirmed for a jewish shill.

>>4934499

>>4934499

America still has a chance. Up here in Canada, we elected a tumblr marxist. Trudeau spends all his time thinking about how to let in as many non-whites as quickly as possible. He is abolishing Visa requirements for Mexicans. So when Trump goes to remove the filthy beaners they'll flock to Canada to escape deportation.

>>4934508

To bad you were already a confirmed retard. No reason to "name the Jew" in every fucking sentence.

>>4934547

Holy shit dude that's terrible. I actually feel sick the more reality sets in the Canada is gone. It used to be a great place us Americans could fall back on and now its even more insane than here. "what the hells going onnn."

>>4934445

So? What's so bad about a dictator?

>>4934547

>So when Trump goes to remove the filthy beaners they'll flock to Toronto to escape deportation.

FTFY

>mfw in Acadia where the Oppression Olympians demand that migrants speak French THANK YOU BASED FROGS

>>4933088

That's a lot of shekels. Nice dubs too.

>>4934445

China is essentially already a dictatorship, the only thing holding it down is that its leaders are selfish marxists who give no shits about their people.

10 MINUTES

CNBC not working for me on either hulkusc or freeintertv. It says not supported.

Any other sources?

>>4934637

so basically they do want the migrants to refuse to integrate, so long they do it the same way as other quebeckers.

>>4933245

That's not Yuropoor money, that's Ausfailia money. Notice the Aboriginal woman on the bills, and the Southern Cross insignia in the transparent plastic films.

>>4935654

>>4935674

How much did that cost you?

Why are you keeping spiders with your SHTF kit?

>>4936106

>>4936071

I have about a pound of gold n most of my silver is in those pics

>kitco.com is down

gguys..

>>4933661

Oil and gas is not the only cost in the food industry. Factored in to every other cost, it's probably not even 10% of total cost lost to get said food to the store and sold. Most grocery stores' costs come from uptime, i.e. electricity (10's of thousands a week) and other things.

Low oil price is bad for the US period. That means lesser job growth and stagnation in job markets. (I can't get an entry job, mechanical engineer, been a year since graduation).

CRASHING THIS ECONOMY WITH NO SURVIVORS

>>4935691

still time to get my money out of shitty ira then!