Much of the Southeastern United States has been drought stricken for over 2 years. Lakes are 15 feet below normal and heading down the drain fast. Watering bans in each county and city presage the complete climax of a dry state, a dry region, and thirsty populations.
While chatting with my good friend and fellow Libertarian, Chris B., I told him I was more concerned about water supply than the dollar crashing and economic issues. Once aboard the gold and silver lifeboat, they do the rowing to safety for you. Water on the other hand, has a more cloudy solution. Either we get a torrential rain, or go dry in 45 days.
4.5 million people without water. That would be a calamity of epic proportions and it is here and in living color- all brown.
Whether it was a political issue with the states fighting the Army Core of Engineers, or poor planning is just so much idle speculation. WE ARE OUT OF LIFE GIVING WATER.
My possible solutions include:
Moving
Using dehydrators with filters
Setting up catchment systems for a living.
Hoarding a huge supply of water - as I used to do in my hot tub. 360 gallons will hold you for a while.
Now that I look at all the ways to solve the problem, I realize that gold and silver is more important than water in that they can be used to get the equipment and the labor and the engineering talent to get the system working and providing the H20.
Should you find a man dying of thirst, I am certain he would part with much of his gold and silver fortune for the water. That is so rare an event that it only makes a parable, not a strategy.
With gold and silver, you have power in reserve. You have stored time and resources that can meld into almost all the functions you might need to overcome adversity, as in this case, such as drought. Or food shortages. Or medical needs.
At all times, in all places, gold and silver function as money. Perhaps not with the government, but then a criminals behavior is not worth emulating anyway.
So gold and silver are more important than water.
That's more than important enough for me to get some more.
Short-term outlook:
I expect a pullback/consolidation before we smash higher. Could be the options expiration date on 11/27 where we see a collapse in price, but that will be short lived. All bets are off if we attack anybody, including Iran.
Super-models are leading the exit from the smoking theatre where everyone watches the great Epic Dollar Swan Dive Triple Feature. Dumb blonds - NOT!
To all - a gold and silver day.
Thursday, November 8, 2007
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