Post by Cwi555 on Dec 26, 2012 7:52:42 GMT -7
Everyone is well aware of what is happening in the firearms industry. At this point, it is my opinion that if you didn't already have it, you should seriously consider a simple pump action shotgun instead of getting into the rat race for semi auto magazine feed rifles etc.
M855 is getting close to a dollar a round, M193 is running .80 cents a round, there is no 22lr at m local stores, and online it's simply ridiculous (when and if you can find it). The pistol ammunition is starting to catch up, 38 special, 9mm, 357, 40, 45, 44 mag etc. The ammunition isles at the local gun shops, sporting goods stores, and walmart are starting to look like the bread and milk isles in the south after a snow storm prediction is given. What does stand out are the shotshells.
All of those locations still have shotshells, and shotguns to go with them. I suspect the 22lr will be back in stock, so that may be another option.
However, for those of you that have long ago set those items back, and for those of you currently in the chase, it may be a real good idea to look at food. Think about why you want a firearm to begin with. Most want it to defend what they have. What would be the point in spending huge dollars on firearms if you have little food or other related preps?
It is suggested that you not let the current firearms frenzy blind you to a potentially much bigger problem.
Dec 12, two days before the Sandy Hook shootings, this story crawled silently out of the woodwork without any fanfare from the media:
www.forbes.com/sites/afontevecchia/2012/12/12/qe4-is-here-bernanke-delivers-85b-a-month-until-unemployment-falls-below-6-5/
A few months ago, when 'QE3' was officially announced, I mentioned that the actual figure for QE3 would be closer to 80 to 85 billion per pop by the time the Fed got in their fractional reserve. The remaining open question was what would the Fed roll that extra 40-85 billion a month into. Now we know.
"Ben Bernanke continues to make history at the Federal Reserve. On Wednesday, the FOMC announced more quantitative easing at a rate of $85 billion a month for an extended period of time. The Bernanke Fed has also modified its guidance, noting its ultra-accommodative stance will remain in place until the unemployment rate falls below 6.5% and inflation projections remain no more than half a percentage point above 2% two years out."
the new program will consist purely of Treasury purchases.
What is new about this announcement is the bump to 85 billion baseline instead of 40 billion and the pure focus on treasury purchases. That is highly significant, they have broke over the current limits by getting to 85 billion, and by switching to pure treasury purchases, they are now set to increase via fractional reserve on a 10:1 basis. They will most likely only go 6:1, but that is bad enough as it is given that amounts to 510 billion a month.
Now think about what that is going to do for the valuation of the dollar? A few more degrees to the frog in the pot...
Now compare that to food. We are already at high risk for a world wide food shortage, yet food is relatively cheap in the US 'for now'. How much do you think it will be when the dollar bites the dust or simply is printed into zero value?
Is it wise to put that extra money into guns and ammo if you already had them? Or would it be wiser to put it into food?
You be the judge.
M855 is getting close to a dollar a round, M193 is running .80 cents a round, there is no 22lr at m local stores, and online it's simply ridiculous (when and if you can find it). The pistol ammunition is starting to catch up, 38 special, 9mm, 357, 40, 45, 44 mag etc. The ammunition isles at the local gun shops, sporting goods stores, and walmart are starting to look like the bread and milk isles in the south after a snow storm prediction is given. What does stand out are the shotshells.
All of those locations still have shotshells, and shotguns to go with them. I suspect the 22lr will be back in stock, so that may be another option.
However, for those of you that have long ago set those items back, and for those of you currently in the chase, it may be a real good idea to look at food. Think about why you want a firearm to begin with. Most want it to defend what they have. What would be the point in spending huge dollars on firearms if you have little food or other related preps?
It is suggested that you not let the current firearms frenzy blind you to a potentially much bigger problem.
Dec 12, two days before the Sandy Hook shootings, this story crawled silently out of the woodwork without any fanfare from the media:
www.forbes.com/sites/afontevecchia/2012/12/12/qe4-is-here-bernanke-delivers-85b-a-month-until-unemployment-falls-below-6-5/
A few months ago, when 'QE3' was officially announced, I mentioned that the actual figure for QE3 would be closer to 80 to 85 billion per pop by the time the Fed got in their fractional reserve. The remaining open question was what would the Fed roll that extra 40-85 billion a month into. Now we know.
"Ben Bernanke continues to make history at the Federal Reserve. On Wednesday, the FOMC announced more quantitative easing at a rate of $85 billion a month for an extended period of time. The Bernanke Fed has also modified its guidance, noting its ultra-accommodative stance will remain in place until the unemployment rate falls below 6.5% and inflation projections remain no more than half a percentage point above 2% two years out."
the new program will consist purely of Treasury purchases.
What is new about this announcement is the bump to 85 billion baseline instead of 40 billion and the pure focus on treasury purchases. That is highly significant, they have broke over the current limits by getting to 85 billion, and by switching to pure treasury purchases, they are now set to increase via fractional reserve on a 10:1 basis. They will most likely only go 6:1, but that is bad enough as it is given that amounts to 510 billion a month.
Now think about what that is going to do for the valuation of the dollar? A few more degrees to the frog in the pot...
Now compare that to food. We are already at high risk for a world wide food shortage, yet food is relatively cheap in the US 'for now'. How much do you think it will be when the dollar bites the dust or simply is printed into zero value?
Is it wise to put that extra money into guns and ammo if you already had them? Or would it be wiser to put it into food?
You be the judge.
I know it's good to have as much as you can store, but a tad more wouldn't hurt... 
