I keep up with Greg Manarino's You Tube vids. Most of the time he spouts the same old same old and even though he's right, it gets a bit boring. However, today he made it very clear that the Stock Market Bubble is about to burst and there will be a Credit Freeze. OK, I don't give a rat if the Stock Market crashes because I don't play the Stock market. If you've got a 401 K or anything that only makes money when stocks go up, then you probably should bail out while you can. Now, as for a Credit Freeze, that just sounds like nobody will be loaning money. Well, not exactly, it means that all of a sudden your Credit or Debit card won't work and you won't be able to get cash out of the Bank or an ATM machine. I'm not going to tell you exactly what you should do but I'll give you a general idea that I use as a rule of thumb. Don't keep any more money in the bank than you can afford to lose. Don't keep any more cash at home than you can afford to lose. Don't keep any more cash in your pocket than you can afford to lose. Next, pay off any notes or credit cards if you can. When the SHTF I won't owe anybody any money and I've already told the wife that when things get tight I plan to drop the Satelite TV first and then The Telephone/Internet last. Don't try to jump on the Physical Silver band wagon. The Silver Dealers are complaining that they are just about sold out and can't get any more in the near future. I'm just waiting and watching. When it all goes bad, I guess I'll be using my Ham Radio to communicate.
