gunfight at the wal-mart corral

GUNFIGHT AT THE WAL-MART CORRAL

If you scroll down past today's article there is a bonus guest article.
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As I write this at lunch Friday I am still basking in the glow of Thursday’s gold ( Gold: The Once and Future Money ) price leap. $44 up in one day might not be a record or anything, but it was nice after the price of gold has been dragging its ass for the last month or two. Up three bucks, down four. Every friggin day gold did its best to disappoint me. I wouldn’t mind one little bit if gold slipped off the leash of its manipulators and reflected the true cost of holding dollars. Say, ten thousand an ounce. Not that I have any plans to sell my coin. Why trade real money for toilet paper? But I would like to see inflation ( Fiat Money Inflation in France ) take a huge bite out of the Handmaiden Of Satan’s bribe money. Already ( sad when sixteen years seems like “already” ) her monthly tribute only buys half of what it used to. I’d like to see that go down to ten percent if possible. Hey, there is a bright side to every calamity.

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If any of you are having any inclinations at all to buy junk land, be aware that lately E-Bay has been having quite a few “$50 a month” lots of land. It looks like it might be the same seller ( if not, the ad versions look similar ) so this might be a one time deal. It isn’t that the land is any cheaper ( still two or three grand ), just that anyone can afford it at the low payment price. If you saw a five year land payment going under this arrangement, I wouldn’t advise staying at those payments. Sell it off quicker so it becomes an asset rather than a liability because I personally can’t see the economy lasting that much longer. The low price allows you to snatch it up with no undue financial burden, but don’t wait too long to pay it off. If you stop making payments when you lose your job you will forego all previous payments.

http://dirtcheapdirt.blogspot.com/

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As we’ve talked about before but we’ll talk about again for lack of any better ideas on my part, never ever never plan on buying last minute supplies once a panic has started. At one time I might have been more ambivalent about it but I’m convinced that anymore most folks are pretty spooked and will act accordingly. So far there has been two years plus of nothing but worse and worse financial news ( the election of the Foreigner In Chief might have given folks a bit of false hope for a short time until that bird showed his true colors- namely a clueless dumbass )( Dumbass - I have no ideas and yours all Suck Rib Knit Muscle T-Shirt Black Medium ). And almost every man Jack of us knows a neighbor that has been road hard and put up wet and sees nothing to show for the last three decades of work except for the down sleeping bag he’s living out of under the overpass. If it hasn’t happened to us personally. And deep down all but the most obtuse of us realize all the grandiose promises from any institution about the future are lies. It might be a fierce fight over Social Security and corporate pensions ( While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted SanDiego, and Loom as the Next Financial Crisis ), but in the end they can’t be funded through any means other than Zimbabwe inflation. If the system isn’t declared broke the checks won’t buy the 1970’s fabled can of dog food seniors were supposedly having to eat ( it was of course all propaganda to sugarcoat the increase in those paycheck withholdings for the program under Reagan-these things aren’t instantaneous ). Right or wrong, deserved or not, in the end the Uncle Sugar social programs will all end one day. So enjoy it while you can.

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We are all running scared. Well, you all are running scared ( Running Scared ). I’m frankly enjoying the show. You put forth a lot of effort and energy, gambling that your work will eventually be rewarded, and almost everyone scoffs at you. It is simple human nature that those that were unbelievers should be mocked by the messenger. The “told you so” dance is well deserved. We are all going through the motions of middle class existence even though we know it is a sham anymore. Work sixty hour days, pay the mortgage, save for Harvard so you might be able to afford BumHump Community College. It is all wasted effort, but most of you don’t see much choice. Everyday you worry about home foreclosure ( Cashing in on Pre-foreclosures and Short Sales: A Real Estate Investor's Guide to Making a Fortune Even in a Down Market ), unemployment and bank failures. The stress builds up. And as soon as disaster hits, you will explode. Every working slob feeling his life force draining at the straw of the central bank, corporate greed and big daddy government will go postal at the first sign of real trouble. Any disaster or calamity that feels threatening enough will result in your once average and harmless Joe holding his pimpin Nine sideways in fine gangsta style, blasting away in the Wal-Mart parking lot to protect the last of the canned Raviolio he managed to put in his cart. And it will be even uglier inside. At the first hint that a near minimum wage level clerk decides not to risk their life telling a very stressed out looking fellow that the debit card computer is down, word will spread that payment options are limited and the feeding frenzy starts. People will just take what they want, bypassing the checkout counters altogether.

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I once thought that targeting less known sources of food was an okay idea, such as feed stores. Now I’m not so sure. It only takes a few folks with the same idea and the infinitesimally small stockpile on hand becomes less than enough. Remember, more than likely since your initial prep plans pre-Y2K ( The Real History of the End of the World: Apocalyptic Predictions from Revelation and Nostradamus to Y2K and 2012 ) the just-in-time inventory system has gotten more “refined”. Meaning that there is far less on hand than just a few years ago. I can’t even depend on Wal-Mart to have my regular weekly items anymore ( most likely since they keep letting items run out so they can increase the cost on the newly arriving merchandise that has been redesigned, shrunk and changed to more toxic ingredients ). Bottom line, far less is available, with far more stressed people needing it. Don’t even try to fight over the limited supplies.

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My e-mail is jimd303@netzero.com
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