Should I Buy Gold for SHTF?

I recently had a friend of mine, not in my immediate survival group, but a prepper none the less, ask me if he should buy some Gold, and if so, should he buy one ounce rounds, or smaller weights. He had around $6,000 to spend. Part of his question was should he wait awhile as Gold and Silver prices seemed to be going down.

I told him that trying to time the market now would require some constant observation and some luck. Sure, Gold and Silver may yet go down more, in light of some good economic news the last few weeks, but that "good" economic news was really just "not as bad of news as usual".

I told him that while the Greece, Italy and Spain economic problems seemed to have leveled off, we will certainly see more bad economic news in the very near future. I told him to watch for more banks defaulting, instability in the U.S. and Foreign exchanges, higher U.S. deficit and national debt, worsening unemployment, lower oil imports, higher oil prices, higher inflation and downward spiral of the housing market all would be factors signaling a rise in precious metals.

This conversation was about two weeks ago and now we are seeing the following headlines:

World stocks fall amid economic reports from the largest economies forecasting a global downturn.

Job growth much lower than expected and fears of heightening unemployment amid reports that applications for unemployment benefits jumped to the highest level in nine months.

Housing gloom ahead as sales of previously owned homes fell 1.5 percent in May and are forecsted to be even lower in June and July.

Eurpoean leaders are trying to work out a solution to a spreading financial crisis across the European Union and global lessening confidence in a solution and the value of the Euro.

Major banks being downgraded. Moody's lowered the credit ratings of 15 major banks, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking.

So yes, the time is right to buy Precious Metals. However I would not put all of the $6,000 into Gold. I would spread it out with Silver bullion and maybe some junk silver as well. All this would depend upon how much precious metals I already had and any other holes or lack of essential equipment, material and supplies in my Collapse Preparation Plan.

Maybe one ounce of Gold, 4 one-quarter Gold rounds, $1,000 into Silver rounds and the rest in long term food maybe a good choice for my friend as I know he primarily focusing on survival guns and gear for SHTF and is well preparaed in that aspect.

Him having some viable precious metals for bartering and some long term food would also possibly benefit me as he is one of the families on a short list my survival group keeps of possible recruits or straphangers we would accept into our group as his ethics, morals and skills are known to us. Anyway, if you don't have very much or any precious metals at all, then what are you waiting for? An invitation? Okay, consider this an invitation.

Prepared Society's Chicken Forum

Prepared Society, which is a emergency preparation and survival forum, asked me to notify readers about their new chicken forum for people who are keeping chickens.

I am not currently keeping chickens, although two other members of my survival team are. I have enjoyed eggs from their efforts and during a collapse fresh eggs are great food as well as a barter item. 

I do however have a pre-made chicken hootch still in the box as well as some other materials on hand so if I have enough time when the warning signs for the collapse are imminient, or if survival team members arrive at my site, I can house and raise the chickens.

Here is the link to Prepared Society's Chicken Forum

U.S. and World On Edge of Collapse

The bandwagon is getting more crowded week by week as financial experts joint the chorus on an
impending world and U.S. financial collapse.   Paul Krugman and Chris Martenson are among
prominent analysts.

The latest is the former co-manager of the GLG Global Macro Fund, Raoul Pal,  who believes  that a
global banking collapse and massive defaults will bring about “the biggest economic shock the world
has ever seen” — and there’s nothing we can do to stop it.

China, for one nation is trying to make the U.S. dollar collapse.  They are buying not only the world's
gold. but the gold mines as well, to prop up their currency, the Yuan.   Their attempt to corner the
world's gold market is to weaken, then replace the U.S. dollar as the world's reserve currency.   The
dollar has been weakening abruptly since 2010.  And not only China is wanting the dollar to collapse,
the U.S. gives refuge to George Soros who is also actively seeking the U.S. dollar's demise.  Figure out that crap?!?  

If the Dollar ceases being the world's reserve currency, the demand for dollars would evaporate leaving
a glut in dollars and therefore the value or buying power would plummet resulting in high inflation
or hyper-inflation.  You think food and gas prices are high now?

The Occupy Wall Street (OWS) movement, funded and/or financially supported largely by
leftist/liberal groups such as Open Society Institute (now called the Open Society Foundation), Media
Matters, The Tides Foundation, Alliance for Global Justice, Adbusters Media Foundation, will be an ant
hill compared to the mountain of protests and civil unrest is the dollar collapses leaving well over a hundred million people living hand to mouth,....and being really pissed about it. 

Adding to the gloom is the National debt.  If countries continue dumping or accelerating the getting rid of
U.S. treasury notes then the dollar devalues and the interest payments alone on the $16 trillion dollar
debt could go from just under $500 billion annually to over $1 Trillion.  If this happens, the dollar will
automatically cease being the world's reserve currency and inflation/hyper-inflation will happen.   You
can bet on it.  If you are reading this site, you probably already are betting on it.     

Is The Army To Be Used for Domestic Enforcement?

This was written by Joe Wolverton in The New American, titled "Use Army for Domestic Enforcement"

The Council on Foreign Relations (CFR) proposes that the U.S. Army be used to plan, command, and
carry out (with the help of civilian law enforcement) domestic police missions. So says a story appearing in the May/June issue of the influential organization’s official journal, Foreign Affairs.

The article lacks a single reference to the Posse Comitatus Act, which prohibits such actions.  In an article penned by Chief of Staff of the U.S. Army, General Raymond T. Odierno, the CFR would see the Army used to address “challenges in the United States itself” in order to keep the homeland safe from domestic disasters, including terrorist attacks.

Odierno writes:
Where appropriate we will also dedicate active-duty forces, especially those with niche skills and equipment, to provide civilian officials with a robust set of reliable and rapid response options.

That’s right. Should the sheriff suspect that a particular citizen in his county poses a threat to security and feels he doesn’t have the proper “skills and equipment” to deal with the situation, he can just call out the U.S. Army and bring a “rapid response” force that is robust enough to eliminate the problem.

These are not the musings of an unknown academic written in an obscure journal of little importance.  These are the black-and-white plans for “building a flexible force” as laid out by the man in charge and published for all the world to read by the people who may have put him there.

In order to justify this new (and illegal) mission for the Army, General Odierno points to three “major changes” that have precipitated the re-tasking of the troops: First, “declining budgets due to the country’s worsened fiscal situation; second, “a shift in emphasis to the Asia-Pacific region; and third, a “broadening of focus from counterinsurgency, counterterrorism, and training of partners to shaping the strategic environment, preventing the outbreak of dangerous regional conflicts, and improving the army’s readiness to respond in force to a range of complex contingencies worldwide.”

There are so many things wrong with every one of these points that each deserves its own article focused solely on its deconstruction. Unfortunately, there is only so much space and each of these considerations has one critical flaw in common: no constitutional authority for any of it.

Start with the woeful economic state of American affairs. Odierno lists this first among his unholy trinity of reasons the army must “transition” from its traditional role to one with a wider domestic and international scope.

Perhaps it has escaped General Odierno’s attention, but the decline of America’s economic fortunes may be in some significant part tied to the illegal wars in Iraq and Afghanistan that siphon about $13 billion per month from the U.S. Treasury. Since the attacks of September 11, 2001, estimates are that Congress has approved a total of $1.283 trillion in military operations, base security, reconstruction, foreign aid, embassy costs, and veterans’ health care spread over three operations: Operation Enduring Freedom (OEF) Afghanistan and other counter terror operations; Operation Noble Eagle (ONE), providing enhanced security at military bases; and Operation Iraqi Freedom (OIF).

There is a certain macabre irony to the claim by a military leader that his troops are forced to adapt to
stringent budget considerations partially brought about by the use of his troops as the tip of America’s
sword of empire.

General Odierno’s third “major change” is the need to use the Army to solve complex international
conflicts. Again, these conflicts and the solutions to them are made more complex by the fact that there
is not a single syllable in the Constitution that grants the President or Congress the authority to deploy
American armed forces to work out the world’s difficult dilemmas.

On this point, regarding the rules to govern the creation and governing of a federal army, the Constitution says very little. In Article I, Section 8, Congress is authorized to “raise and support Armies” and to “make rules for the government and regulation of the land and naval forces.” That’s it.

That paucity of information has been magnified by the Council on Foreign Relations and their members in positions of power to include the use of the Army in ways and means that would seem unimaginable even to the most martial of our Founding Fathers.

One of the unconstitutional missions advocated by Odierno and the CFR is the use of the U.S. Army as
“a critical guarantor of stability in the Asia-Pacific region.” This is one of the many new “assigned missions” promoted by Odierno in his Foreign Affairs article.

This echoes the pronouncement by his Commander-in-Chief made in Australia last November:
This is the future we seek for the Asia-Pacific — security, prosperity and dignity for all. That’s what we stand for. That’s who we are. That’s the future we will pursue in partnership with allies and friends and
with every element of American power.

That is to say, General Odierno and President Obama believe that deterring aggression against our
allies in Asia and the Pacific trumps any constitutional stricture on the appropriate use of the Army.

There is nothing it seems that will stand in the way of our Army being placed at the disposal of foreign
princes and presidents, provided they appreciate their resulting status as satraps of the American
Emperor.

Not to worry; other provinces of the emerging American empire are accounted for in the Odierno/CFR
plan.

“The posture of the U.S. military in the Middle East is critical to maintaining regional stability there,” writes Odierno, again without any noticeable sense of irony.

Is the general privy to some reports of stability in the Middle East kept secret from the rest of us? There is no end to the media’s reminders of the instability in the Middle East. In fact, it is this very unsettled
foundation upon which the need for ongoing American military presence there is built.

In other words, the Middle East is stable because of the Army, the Middle East will remain stable only so long as the Army remains on permanent patrol, and if we were to completely abandon our posts, the region would devolve into outright — instability. Thus is the quality of the reasoning demonstrated by those with command and control of the armed forces of the United States.

One of the timeliest tenets of the Odierno/CFR proposal is the integration of “cyberspace capabilities into our tactical and operational units.” According to an article published last Friday in the New York Times:

From his first months in office, President Obama secretly ordered increasingly sophisticated attacks on the computer systems that run Iran’s main nuclear enrichment facilities, significantly expanding America’s first sustained use of cyberweapons, according to participants in the program.

For the CFR it seems the message from the Obama administration is ask and ye shall receive.  Lest there remain any doubt as to America’s resolve, Odierno wants our nation’s enemies (foreign and domestic) to understand that we are not afraid to “compel capitulation.” Should those “potential adversaries” be American, moreover, Odierno promises that the Army will “be ready to decisively achieve American ends, whatever they may be.”

Finally, we will, Odierno declares, demonstrate “our country’s commitment to global security.”  Sadly, Americans know this too well, as there are rows and rows of white headstones and flag-draped coffins already demonstrating the seriousness of that commitment.