interesting development on the gold subject. APMEX the LARGEST online and one of the largest precious metals brokers period has suspended its online purchases until further notice and they are not accepting ANY orders under 5000 dollars... also, if one would do a quick search of other precious metal dealers i think that youll find that many of the stocks of coins,silver as well as gold are already out of stock. on the flip side,Walton feeds,one of the countries oldest,largest and most well known suppliers of bulk foods(connected with the LDS church) is now completely out of wheat. oh dear,whats a procrastinating survivalist to do? lol..procrastinating survivalist,,isnt that the definition of a hippie?? lol the point is,no matter what commodities one feels would be best to barter with after the crash,they are quickly becoming unavailable at any price. folks better wake up and get prepared before its to late. my feelings on gold or silver coinage is that they will be of most value after the worst is over when people are trying to establish some sort of normal life again.. the familiarity of coinage will serve to be a effective and valuable bartering tool.. history has proven this to be correct. other commodities,non perishable foods,gas,tools,batteries,etc. will be of most value in the beginning.i personally feel during the crash for bartering salt,flour,tobacco and alcohol will be the most valuable commodities. earthmother is also correct about the "barter paper" system. it is used successfully by many groups in america as we speak. dancing rabbit is just one example. http://www.dancingrabbit.org/economy/lettuce-patch.php
Looks like; “Into the streets they will throw their very silver, and an abhorrent thing their own gold will become. Neither their silver nor their gold will be able to deliver them.” is coming right down the pike!
FLEEING FROM THE DOLLAR http://youtube.com/watch?v=t4q0yXINinA DECLINING DOLLAR https://www.youtube.com/watch?v=IK1Y88zRmCE The government will pump billions of dollars out of thin air, for massive baillout. Since these "greenbacks" are based on thin air, the foreign investors who financed America's lifestyle, war and the "phantom" economy, based on inflated home values and illusory credit, will want real money in return for their investments. Is anyone surprised that the foreigners are favoring the Euro instead of the dollar, resulting in the dollars' decline.
Looks like anybody can buy that currency. $7US + $1 shipping = $8 for a 1 hour labor bill. That sounds very reasonable. Where can you hire a laborer for $7-8 an hour? I wish some of people lived near me, I would them 1 labor hour every three days to watch my house when I am away with an additional 1 labor hour a week to clean the house, tend to the landscaping, etc... Shit for $100 a month I could get a caretaker, maid, and landscaper. Could use a chef too. How do they regulate how hard different people work? They must use some kind of flat labor rate system. Example: this job should take one hour, if it takes you three you get paid one hour. Interesting. I like that exchange rate.
Ummm, first off, the Euro has been higher than the U.S. dollar after like 2 months of its creation. Second the British Pound has ALWAYS as in ALWAYS been the world's richest currency. Oh, the Canuck Loonie rules. Even though as of today it's 2 cents behind the Greenback. You know, one way of making the dollar stronger would be to ummm, CHANGE IT TO COINS!!!!! Honestly what other country has a paper dollar? Honestly? I think 10 years tops and the EU and Canada will have $5 coins.
Actually, he may just be living in a foreign country where the dollar is still better than the local currency.
I truly do believe that, and I do live in a box. It is about 5000 sq ft (total living, including walkout basement). What do you live in? A donut? A sphere? Look, I don't expect you to believe what I say, and judging from your answer if you have ever traveled outside the United States, you probably exchanged currency without thinking twice. I often exchange currency also, but I ALWAYS bring US dollars with me. Anybody who has been to Mexico or South America can attest to what currency is preferred. Not to mention Africa or Middle East. This is something that I cannot prove to you, nor care to try, which is why I stated "in my experience". I've had diarhea in more shithole countries than I have hairs on my ass and if I had one currency to bring with through any of those places, I would choose the greenback.
Just wanted to clear up any confusion as to what I meant by desired. I mean, from my experience US dollars are preferred in any person to person transaction (goods, services, etc..) As in I will give you $1000 US for that Kalishnikov, or $100 US for your assistance across the border, etc....
I was thinking the same thing. Maybe he meant "permits" included. Or maybe inflation has hit the dollar harder than I thought!
Of course U.S. currency is still the perferred currency when dealing with poor foreign countries. If you go to a Turkish Bazaar they're not gonna take the Euro.
usd is also the most important reserve currency, it accounts for 65% whereas the next nearest is the euro @ 25%
Do you mean to tell me in New Zealand you use 25 cent paper notes? Or do you mean your country has stopped using the penny and nickle? Cause to be honest the Canadian Bank is seriously considerng getting rid of the penny since it costs 1.8 pennies to make a penny.