Systemic Risk Investment / Insurance; A buy list outside of Stocks
February 24, 2008
– Comments (31) |
RELATED TICKERS: GLD
Deep thoughts by abitarecatania:
I have car insurance, health insurance and life insurance. I have not used any of them in 20 years. I have them in case of a random accident, to protect my wealth / health.
The CIA trainee Osama Bin Laden attacked the US. The US has spent an estimated $6 trillion trying to catch / kill him.
Would Bin Laden or follower nuke the US if able? Yes, I think they would. The US is always just a nuclear cricket attack away from a systemic / dollar collapse.
If there is a break down or "if the division of labor shrinks or collapses because of a banking failure -- no digital money", I am still young enough to work as a labor: digging ditches, fighting evil (abitare in Army of Darkness), farming, smuggling moonshine like the Dukes of Hazard (my systemic break down theme song) etc....
In 15 years, I will likely be too old to compete in a labor pool full of younger people with more energy and enthusiasm....
GaryNorth.com, whose website I pay for and read (FYI- Gary North is a Christian Economist) has a list of items “If you live in a safe place, stock up on”:
1. A generator. (expensive, Gasoline, storage, risky & noisy...targets of thieves; maintenance etc.)
2. Water Filters/Purifiers/ Chlorox for purification of water.
3. Portable Toilet and toilet paper.
4. Seasoned Firewood. Firewood takes about 6 - 12 months to become dried enough, for burning.
5. Lamp Oil, Wicks, Lamps (First Choice: Buy CLEAR oil. If scarce, stockpile ANY and all!)
6. Coleman Fuel. Impossible to stockpile too much.
7. Guns, Ammunition, Pepper Spray, Knives, Clubs, Bats & Slingshots.
8. Hand-can openers, & hand egg beaters, whisks.
9. Honey/Syrups/white & brown sugars
10. Rice - Beans - Wheat - Bread
11. Vegetable Oil (for cooking/ without it food burns, etc.,)
12. Charcoal, Lighter Fluid (will become suddenly scarce )
13. Water Containers (Urgent Item to obtain.) Fill up any size. Small, many, PLASTIC ONLY - note - food grade for drinking.
16. Propane Cylinders and grills (Urgent: Definite shortages will occur.
17. Survival Guide Book.
18. Mantles: Aladdin, Coleman, etc. (Without this item, longer-term lighting is difficult.)
19. Baby Supplies: Diapers/Formula, Ointments/Aspirin, Vaseline, etc. First Aid items.
20. Washboards, Mop Bucket w/wringer (for Laundry)
21. Cookstoves (Propane, Coleman & Kerosene)
22. Vitamins
23. Propane Cylinder Handle-Holder (Urgent: Small canister use is dangerous
without this item)
24. Feminine Hygiene/Haircare/Skin products.
25. Thermal underwear (Tops & Bottoms)
26. Bow saws, axes and hatchets, Wedges (also, hones, and oil)
27. Aluminum Foil Reg. & Heavy Duty (good for Cooking and Bartering)
28. Gasoline Containers (closed, Plastic & Metal) Store safely remote from living quarters.
29. Heavy plastic Garbage Bags (Impossible To Have Too Many).
30. Toilet Paper, Kleenex, Paper Towels, Plastic Baggies
31. Milk - Powdered & Condensed (Shake Liquid every 3 to 4 months)
32. Garden Seeds (Non-Hybrid)
33. Clothes pins/line/hangers
34. Coleman's Pump Repair Kit
35. Tuna Fish (in oil)
36. Fire Extinguishers (or..large box of Baking Soda in every room)
37. First aid kits
38. Batteries (all sizes...buy longest dated expiration Dates)
39. Garlic, spices & vinegar, baking supplies
40. Big Dogs (and plenty of dog food)
41. Flour, yeast & ....salt. One can't survive without salt.
42. Matches. ("Strike Anywhere"/ Boxed, wooden/ matches will go first. Keep in Baggies.
43. Writing paper/pads/pencils, solar calculators
44. Insulated ice chests (good for keeping items from freezing in Wintertime.)
45. Workboots, belts, slickers, Levis & durable shirts, gloves, work shoes
46. Flashlights/lightsticks & torches, "No. 76 Dietz" Lanterns
47. Journals, Diaries & Scrapbooks (jot down ideas, feelings, experience;
Historic Times)
48. Garbage cans, wheeled/Plastic . Great for storage of water, and transporting same.
49. Men's Hygiene: Shampoo, Toothbrush/paste, Mouthwash/floss, nail clippers, condoms, etc
50. Cookware (light, sturdy, teflon, efficient)
51. Fishing supplies/tools
52. Mosquito coils/repellent, sprays/creams/ointments.
53. Duct Tape
54. Tarps/stakes/twine/nails/rope/spikes
55. Candles
56. Laundry Detergent (liquid)
57. Backpacks, Duffel Bags
58. Garden tools & supplies
59. Scissors, fabrics & sewing supplies
60. Canned Fruits, Veggies, Soups, stews, etc.
61. Bleach ( plain, NOT scented: 4 to 6% Sodium Hypochlorite..Chlorox)
62. Canning supplies, (Jars w/lids)
63. Knives & Sharpening tools: files, stones, steel
64. Bicycles...Tires/tubes/pumps/chains, etc
65. Sleeping Bags & blankets/pillows/mats
66. Carbon Monoxide Alarm (battery powered)
67. Books/Board Games/Cards & Dice
68. D-con Rat poison, MOUSE PRUFE II, Roach Killer
69. Mousetraps, Ant traps & Cockroach magnets
70. Paper plates/cups/utensils (stock up, folks)
71. Baby wipes, powder/ oils, waterless & Antibacterial soap (saves a lot of water)
72. Rain gear, rubberized boots, etc.
73. Shaving supplies (razors & creams, talc, after shave)
74. Hand pumps & siphons (for water and for fuels)
75. Soy sauce, vinegar, bullions/gravy/soup base
76. Spare reading glasses/binoculars.
77. Chocolate/Cocoa/Tang/Punch (water enhancers)
78. "Survival-in-a-Can", C-rations, MRE's
79. Woolen clothing, scarves/ear-muffs/mittens/gloves
80. Boy Scout Handbook, / also Leaders Catalog
81. Window Insulation Kit (MANCO)/ 4X8' Plywood w/nails/hammer
82. Graham crackers, saltines, pretzels, Trail mix/Jerky
83. Popcorn, Peanut Butter, Nuts
84. Socks, Underwear, T-shirts, etc. (extras)
85. Lumber (any and all types)
86. Wagons & carts (for transport to and from)
87. Cots & Inflatable mattress's
88. Gloves: Work/warming/gardening, etc.
89. Lantern Hangers
90. Screen Patches, glue, nails, screws,, nuts & bolts
91. Teas
92. Coffee
93. Cigarettes
94. Wine/Liquors (for bribes, medicinal, etc,)
95. Paraffin wax
96. Glue, nails, nuts, bolts, screws, etc.
97. Chewing gum/candies
98. Atomizers (for cooling/bathing)
99. Hats & cotton neckerchiefs, mufflers
100. Chickens, Goats/ edible animals, traps