Author Topic: SHTF Just Happened - What are You Going to Do?  (Read 1108 times)

Offline JohnyMac

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SHTF Just Happened - What are You Going to Do?
« on: April 04, 2014, 09:24:25 AM »
The Scenario
You wake up one morning and hear on the news that the Russians and Chinese have stopped using the Petrodollar for world trade; Consequently gold is now the coin of the realm.

That morning the stock market drops 10% and a one hour Halt is implemented by the FINRA (Financial Industry Regulatory Authority). Once the Halt is lifted the stock market drops another 10% before closing at 4:00PM ET.

The next Morning the FINRA institutes a Trading Delay which normally is a 5 - 30 minute delay of the opening of the stock market. The delay is in place until the President can address the nation at 10:00AM ET.

After the Presidents address to the nation the market is opened and immediately goes up 2% due to the Federal Reserve pumping money into it. By 4:00PM ET the market has lost that earlier gain and dropped an additional 10%.

While the stock market games continue, China who controls all of the ports on the west coast, many on the east coast and along the Great Lakes water highway; Confiscates all of the containers within the ports. They reportedly do this "to protect the assets of the American people." They actually do this to hedge their bets on the $1.7T of Federal Reserve Securities they have purchased. 10ยข on the quickly depreciating dollar, "in hard assets", is better than zero cents.

China also begins a large buy using gold for: Wheat, barley, corn, etc. that is sitting in silo's and containers in the Midwest. They move that newly purchased grain to the ports they control on Lake Superior, Seattle-Tacoma, Portland and San Francisco.

Due to the Petrodollar collapsing, stock market crashing and China's actions; gold doubles in price by day three from $1,400- to $2,800- an ounce.

By day three the average American citizen who is watching on the sidelines and not really understanding what is transpiring, is starting to get a bit nervous. So they hit their local cash machines and take out as many deflated dollars as the machine will give them. While other citizens go into the bank and try to withdraw their entire saving's and/or checking balances.

To combat this run on the banks, the Federal Reserve and the U.S. Treasury implement the Emergency Banking Act of 1933, AKA "Bank Holiday."

The folks who were able to get money out of the bank in time along with folks with EBT cards, run to the store to buy bread, milk and Dorito's not unlike preparing for a snow storm. By the time your lazy brother in-law arrives to the store there is nothing left.

To make matters worse, on the sixth day of the Petrodollar's collapsing as the worlds currency, there are a group of people; some people label as terrorists, shooting at the big transformers located outside and around  cities. The electric grid starts to partially go down, all across the United States.

By this point chaos starts to happen across the country and the question I am asking you: What are you going to do? What is your POA (Plan of Action)?   Please share here.

 
« Last Edit: April 04, 2014, 04:24:14 PM by JohnyMac »
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Offline DMCakhunter

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Re: SHTF Just Happened - What are You Going to Do?
« Reply #1 on: April 05, 2014, 01:04:48 AM »
China and Russia would have little impact, the middle eastern oil countries would be the ones to impact us in that manner.
But I will play along.
The stock market would be something to watch, and take 50% out of the market as soon as possible. In part to protect half of the money so it can be invested when the market bottoms out.
Not sure about the ports or who would let them take control, but it would generate a response from the people with badges or camo. I also believe that export controls would be set on commodities.
For the banks, I would take as much cash out as I could, bank, ATM's. I would use credit cards to purchase items I need (for as long as stores accept them) thereby preserving cash. By this time all my vehicles would be topped off, grab a few groceries (tortia skins, steaks, a few onions and beer), water bob's set and filled in 2 tubs. Then sit back and have a few drinks and a steak. Maybe get a few propane cylinders (20 lb) just to have. Then start loading magazines. I'm sure I missed a step or two but this is a start.

Offline JohnyMac

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Re: SHTF Just Happened - What are You Going to Do?
« Reply #2 on: April 05, 2014, 09:43:05 AM »
Thx for playing DM!  :thumbsUp:

We have thought this through and there are four things that would happen within 48 hours.

1) Call the local honey dip guy and have our septic tank emptied - Within 24 hrs
2) Make a shit-ton of purchases online using next day delivery - Within 24 hrs
3) Remove as much money from my bank as possible - Within 24 hrs
4) Shop till we drop! We have developed a master list of "to buy" items. The master list has been broken into four sub lists.
    Each of the four sub lists will be given to a different group of folks and they will fill it as best they can. 24 - 48 Hrs

    The sub lists include in part:

List 1                              List 2                          List 3                        List 4
Gas                                Bulk items, rice,           Aspirin                      Propane
Engine oil                            beans, Etc               Insulin                      Gas/ Diesel containers
Diesel                             Batteries of all             Alegisics                    Batteries of all sizes
Kerosene                             sizes                      Feminine supplies       Insect repellant
Basic truck/                     Dried cat/dog food       Batteries of all           Cigarettes
     tractor pasts               Toilet Paper                      sizes                    Booze
New set of tires               Canned protein             Reading glasses         Mouse/rat traps     
     for ea. vehicle             Matches                      BIC Lighters               Work gloves
ETC.                                 ETC.                            ETC.                          ETC.

Just a side note: China and Saudi Arabia control most of the ports around world. Most of the ports on the west coast of America are controlled by China. Just Google US Ports controlled by china/Saudi Arabia.


« Last Edit: April 13, 2014, 08:39:51 PM by JohnyMac »
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Offline DMCakhunter

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Re: SHTF Just Happened - What are You Going to Do?
« Reply #3 on: April 05, 2014, 07:52:37 PM »
Great topic JM.
Just made me aware that I also need to stock up on:
Ziploc bags, hi mil plastic sheeting, a few more coleman mantels, another stand up manual tire pump, more coffee, a few updated state maps and 2000 rounds of  .22 magnum ammo from gunbroker.
It is too expensive to stock up on precious metals today. Shops / people will take cash for a while so I recommend that you have depth on all denominations.

Offline JohnyMac

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Re: SHTF Just Happened - What are You Going to Do?
« Reply #4 on: April 05, 2014, 08:35:19 PM »
Zip lock bags are a good addition DM!

Just as a side note: Silver is still pretty cheap at $20- an ounce (Friday spot).

IMO, gold is only good as the economy is getting back on line post a SHTF event. But, silver could buy you some needed missed household items. It could buy you or a household member an operation by a doctor for example.  ;)

Many economists are guessing (Just guessing mind you) that gold could be at it's high of $1,800- and silver at $50- an ounce by year end. If I were to buy any PM it would not be to have as an investment, just as a hedge.

I am still preaching that if everyone could have one months worth of cash on hand that would be a big plus.

I received a PM from someone beating on me for saying this as he and his family live pay check to paycheck. I asked him if he smoked and he said "yes" (I knew that).  I asked him if he could do without just one pack of cigarettes a week ($10). He replied yes. That would be $10- x 52 weeks = $520-. It isn't a fortune but he & his wife would have more than they have now sitting in the cookie jar.

MrsMac and I use to go out to eat every Saturday night at a modest tune of $60 to $70- a week. We now go out once every two months. We put in the cookie jar ~$3K a year! That's about one months outlay.

Sorry that I got caught off topic. Just some food for thought!
 
« Last Edit: April 06, 2014, 11:14:41 AM by JohnyMac »
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Offline DMCakhunter

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Re: SHTF Just Happened - What are You Going to Do?
« Reply #5 on: April 05, 2014, 11:15:45 PM »
Good advice on the the cash. Hope people listen.