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Economy
In reply to the discussion: STOCK MARKET WATCH - Monday, 20 February 2012 [View all]Demeter
(85,373 posts)10. Community Thursday: What’s More Precious than Gold?
http://www.resilientcommunities.com/community-thursday-whats-more-precious-than-gold/
More than just Economic Failure
It shouldnt be news to you, but we live in a economically interdependent world. Think about that for a second. Most of us couldnt get through an hour without relying on something thats provided by the global production system. We are completely and utterly dependent on it. So is our community, our state, and our nation.
What this means is that any economic failure, of the level and type we are likely to experience (we get news to this effect nearly every day now), will crash more than the price of stocks and bonds. It will also likely outlast any cache of food/ammo you stashed away for a rainy day. How? Heres the list: Political chaos. Supply system disruptions/failures. Guerrilla warfare. Hyper-crime. Ubiquitous corruption. Totalitarian nationalism. Police states. Rationing. State seizures (either due to corrupt state officials or by decree). Shortages. Failed states. As you can see, its a long and ugly list.
More Precious Than Gold
IN an environment this uncertain, an investment gold (while very useful) isnt enough.
What you and I need is an investment more precious than gold: A Resilient Community.
A community that provides everything that a pile of gold cannot. A stable environment that produces food, energy, water, a security. An environment supported by a network of people that actually care whether you succeed or fail.
So, go ahead and put some of your money into gold. However, if you are exceptionally savvy, put some of that money into a Resilient Community. It may be the best investment you ever make. Heres a potential rule that we should try to quantify: for every ounce of gold you buy, invest an equivalent amount into a resilient community.
INTERESTING WEBSITE FOR THE COMMUNITY-INCLINED--CHECK IT OUT
More than just Economic Failure
It shouldnt be news to you, but we live in a economically interdependent world. Think about that for a second. Most of us couldnt get through an hour without relying on something thats provided by the global production system. We are completely and utterly dependent on it. So is our community, our state, and our nation.
What this means is that any economic failure, of the level and type we are likely to experience (we get news to this effect nearly every day now), will crash more than the price of stocks and bonds. It will also likely outlast any cache of food/ammo you stashed away for a rainy day. How? Heres the list: Political chaos. Supply system disruptions/failures. Guerrilla warfare. Hyper-crime. Ubiquitous corruption. Totalitarian nationalism. Police states. Rationing. State seizures (either due to corrupt state officials or by decree). Shortages. Failed states. As you can see, its a long and ugly list.
More Precious Than Gold
IN an environment this uncertain, an investment gold (while very useful) isnt enough.
What you and I need is an investment more precious than gold: A Resilient Community.
A community that provides everything that a pile of gold cannot. A stable environment that produces food, energy, water, a security. An environment supported by a network of people that actually care whether you succeed or fail.
So, go ahead and put some of your money into gold. However, if you are exceptionally savvy, put some of that money into a Resilient Community. It may be the best investment you ever make. Heres a potential rule that we should try to quantify: for every ounce of gold you buy, invest an equivalent amount into a resilient community.
INTERESTING WEBSITE FOR THE COMMUNITY-INCLINED--CHECK IT OUT
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