Is the 2008/2009 economic depression real? ? goldsenze | Gold ...
Question: Is the 2008/2009 economic depression real?
I just came across this topic the other day, and it scares me. I already know our economy has gone down the toilet, but to think it?s bad enough to cause a depression has me worried. From what I?ve read, the value of the dollar will plummet, and another depression, worse than the Great Depression, will come.
I?m the stereotypical poor college student, so I don?t have a lot of funds available to me right now. People are suggesting a few things:
1) Store food. There are some online stores where you can buy storable food in bulk for under $ 2000 that will last for 1 year. That?s only for emergency supplies though, so I would use up all the non storable stuff first before digging into that. If I don?t use it though, how long will it last? If this thing isn?t real, and I won?t even need it, will I have just wasted $ 2000?
2) Buy a gun. Or two. Or three. I?m a fan of guns, so I suppose this would be a good excuse to go get some, right? Not just for protection, but for hunting too if it gets really bad. Plus if I have a bunch of food stored up, I have to have some way of protecting it so people won?t steal it.
3) Convert all paper money into gold or silver. You can buy gold and silver coins online, so I was thinking of doing that. Since gold and silver doesn?t change price much, it would be a good investment in a collapse, right? Still, if I do decide to do this, will I be able to get my money back? Like if I buy a $ 100 gold piece, will I be able to sell it back for $ 100 (or the equivilent depending on the inflation and such).
Lastly, I really just need to know how much of a reality this is. A lot of the sources I?ve seen make the connection to the Bible and the end of days in Revelation. I?m looking for a real reason to worry. I have a job now and I?m going to college. I make less than $ 1000 a month, so I am short on funds. Even if this threat is far off, it still doesn?t hurt to prepare. If I were to prepare now, and buy some storable food, gold and silver coins, etc. will I be able to get my value back?
Are there any particular online sources you find useful information on, whether it be preparing for the collapse, or disproving it?
goldsenze.com Answer:
Yes.There is a good chance it will happen.It is always good to be prepared.As you probably know, some people from the Great Depression went homeless.So I think you should make a savings account.Maybe save $ 200 each month.
Good luck and God bless!!
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