Lessons From Zimbabwe
Simon Black's Sovereign Man is currently covering a topic that will be near and dear to all Americans' hearts if the Fed gets its way: Zimbabwe. Attached are his most recent thoughts and observations from the (Zimbabwean) field, and a summary of the political, monetary and overal social chaos that currently rules in the latest (but certainly not last) country to succumb to hyperinflation. The lesson to be learned: prepare for anything. Because nobody in Harare expected to wake up one day and see all their wealth gone.Things are really getting scary now...
CNBC is now running a story on Alternative Investing...
They forgot to mention what you will need most, for Currency Induced Cost Push Inflation/Hyperinflation...Buy them cheap and stack them deep...while you can.
Google Preparedness websites for more info...
1.Beans (Food)
2.Bullets (Protection)
3.Band-Aids (Medicine)
4.Bullion (Real Money) they did get 1 out of 4...
John Williams at www.shadowstats.com recommends buying a case of high quality Booze in tiny airline type bottles to use for barter...
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If you believe this IDIOT...then I have a bridge to sell you...cheap...
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