"I suppose there might be some assets worthy of consideration—precious metals, for example. But other metals would make wise investments, too. Among them tinned goods and small calibre weapons."I get e-mails daily warning me to prepare for one sort of zombie apocalypse or another, but not usually from such a well regarded source.
Larry Hathaway, UBS Financial
RTWT
4 comments:
"Ammo is the next currency"
And if I weren't working on a down payment for my next car, I'd be continuing my program of buying some every paycheck.
If you want to know more about how bad it is now, do some reading about re-hypothecation in the financial markets.
The term "house of cards" comes to mind.
He goes on to say
"Break-up runs the risk of becoming one wretched scenario. Sadly, however, it can’t be ruled out, just as it would have been improper to rule out the horrors of the first half of the 20th century before they happened."
For you young kids who failed to learn history (and are doomed to repeat it next semester),in the first half of the 20th century, Europe had a world war which led to communism, fascism, and another world war.
FYI
It's Larry Hatheway (with an "e"), not Hathaway
see uk.linkedin.com/pub/larry-hatheway/15/699/6b8
and
business.financialpost.com/2011/12/07/ubs-advice-for-a-euro-collapse-tinned-goods-small-calibre-weapons/
I noticed his name had 2 different spellings in the referenced article alone.
Doing genealogical research into my own past, I've discovered that spelling of my name was distinctly optional. I suppose this is how it gets started.
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