Saturday, July 18, 2015

Prepare Now, Quietly

Vox: Beware the grasshoppers
Warn your friends not to bring others with them!!! I had told two friends to bring themselves and their families to my home. They, unknown to me, told half-a-dozen other families to come too - "He's a good guy, I'm sure he won't mind!" Well, I did mind . . . but since the circumstances weren't personally dangerous, I allowed them all to hang around. However, if things had been worse, I would have been very nasty indeed to their friends (and even nastier to them, for inviting others without clearing it with me first!). If you offer a place of refuge for your friends, make sure they know that this applies to them ONLY, not their other friends. Similarly, if you have someone willing to offer you refuge, don't presume on his/her hospitality by arriving with others unforewarned....

People who were prepared were frequently mobbed/threatened by those who weren't. This was reported in at least seven incidents, five in Mississippi, two in Louisiana (I suspect that the relative lack of Louisiana incidents was because most of those with any sense got out of Dodge before the storm hit). In each case, the person/family concerned had made preparations for disaster, with supplies, shelter, etc. in good order and ready to go. Several had generators ready and waiting. However, their neighbors who had not prepared all came running after the disaster, wanting food, water and shelter from them. When the prepared families refused, on the grounds that they had very little, and that only enough for themselves, there were many incidents of aggression, attempted assault, and theft of their supplies. Some had to use weapons to deter attack, and in some cases, shots were fired. I understand that in two incidents, attackers and/or would-be thieves were shot. It's also reported that in all of these cases, the prepared families now face threats of retribution from their neighbors, who regarded their refusal to share as an act of selfishness and/or aggression, and are now threatening retaliation. It's reportedly so bad that most of the prepared families are considering moving to other neighborhoods, so as to start afresh, with different neighbors.
Speaking of preparing, we may be nearing another period of turbulence in the financial markets. Greece is not solved yet, China is slowing and the world is waking up to this fact, the U.S. dollar could break its highs (even though the dollar is flawed, it is less flawed than any other major fiat currency and if China has a major crisis, the dollar will soar). Looking at a potentially major U.S. dollar rally, this chart says the post-2008 "good times" may be ending:

This chart may not reverse at the trend line, but if it does, it means gold will start outperforming stocks. Last time this started in 2005, just ahead of the peak of the housing bubble. If the U.S. dollar is rising as well, it will likely mean foreign currencies are collapsing in value.

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