I actually have considered stocking up on food and water. I mean, at a minimum you do save buying in bulk and saving trips to the store. Plus you can sleep at night.

PROTECT YOURSELF

Fed Boston released two booklets on banking failures. Read them to get a feel for what is about to happen.

http://www.bos.frb.org/about/pubs/pa...
http://www.bos.frb.org/about/pubs/cl...

Here are my personal thoughts on what to expect:

1) Bullion will be king. The more… the better. Keep it out of the banking system.
2) Gold may rise above $60,000/oz at the first shot…overnight.
3) Silver may rise much higher and faster due to its industrial and monetary components
4) Banks will print money to buy gold
5) Sellers will disappear at any price
6) Comex, LME, GLD, SLV etc will all default and the metal inventories will stay in the countries they currently reside.
7) Expect to lose everything held by a bank.
8) Expect EVERY country to nationalize their gold and silver mines….NO EXCEPTIONS!
9) Hang onto your house and your mortgage (don’t pay it off until after the collapse)
10) Stay close to home over the next few months.
11) Have a plan if there is a system melt down (ask your friends and family to have a plan also)
12) Have enough cash (new bills only) to last a few months
13) Have enough food and water to last a few months
14) Although I hate this one….get a gun to protect your family in case of civil unrest.

I know…sounds like “doom and gloom” but nobody knows how this will all go down and I’d rather be prepared than dazed and confused.


CONCLUSION

I don’t think I can leave you with a conclusion. This will be an amazing transition and the radical changes that are about to be sprung upon us will change the world forever. Hopefully it will be peaceful and fill us full of hope for the future. Ultimately, I believe this “creative destruction” will be for the better.

Personally, I would like to thank Chairman Greenspan. It took a truly brilliant and courageous man to take down the bankers that stole my country, and I believe he has succeeded.

GOD BLESS AMERICA

Bix Weir