"Surviving Economic Armageddon" on iTunes

[flatheadlakeprepper]

I found and purchased this as an ebook on iTunes for $2.99. I bought it and it has captured my interest for a few days- I'm intrigued by the ideas presented by Quentin White, Jr. Has anybody read it? I'd be very interested in an ongoing discussion about it. Especially interested if someone reads it and also wants to implement the concepts- we could compare notes.

 

[Maverick]

Is this the one by Daxton Brown? if it is then this is for people that have more money then I do!

 

[flatheadlakeprepper]

Is this the one by Daxton Brown? if it is then this is for people that have more money then I do!

Thanks Maverick for responding. No, this book is written by Quinten White. "It's easy to make money if you have money" is a pretty common idea. This book got my attention because it takes a completely different tact and you don't have to have a ton of money (actually very little money is required) to implement the ideas. I've started to implement the outlined plan and can't wait to see how it unfolds. It would be cool to find other people to talk to about it as the plan and method unfolds.

 

[Maverick]

"Surviving Economic Armageddon" using the word 'Armageddon' I would say then, no reason to worry about one's economic stability. Any holdings including keeping money in the market, banks or investing in property offers very little stability in a total market crash, I would invest in gold and silver that is kept at home though still doesn't offer any guarantee of value or net worth, in any type of Armageddon or post-shtf situation one's net worth is going to be how will one prepped their home front, money and stocks means crap in a total melt down (Armageddon)

 

[flatheadlakeprepper]

"Surviving Economic Armageddon" using the word 'Armageddon' I would say then, no reason to worry about one's economic stability. Any holdings including keeping money in the market, banks or investing in property offers very little stability in a total market crash, I would invest in gold and silver that is kept at home though still doesn't offer any guarantee of value or net worth, in any type of Armageddon or post-shtf situation one's net worth is going to be how will one prepped their home front, money and stocks means crap in a total melt down (Armageddon)

Maverick, your absolutely correct and I agree with you. I bought it on a whim wondering what I could learn and thinking there wasn't much this would teach, but for $2.99 I'd give it a whirl.

The interesting part for me was that the book also agrees with some of your and mine general ideas. It goes through the a historical discussion of money and events which helped put everything in perspective for me. Then it lays out just why currency and stocks and anything based on "fiat" currency is going to be worthless and lays out exactly how to get rid of this stuff systematically. For the record, I would have paid 2.99 just for that perspective. The best part is that I read about and learned a very cool way to acquire gold in silver and other metals in a way that I can afford. I would have paid a lot more than 2.99 for that.

Bottomline, I agree with you. Paper money, stocks, and bonds won't be worth crap in a post shtf-situation and its up to us to prepare ourselves and protect our families. I just happened to have learned a few things on how to do that better from this book.

 

[flatheadlakeprepper]

Ok. I found myself with some available time this weekend. All of this year's harvest was butchered, packaged and frozen last week and I was looking forward to a pleasant weekend with my beautiful bride. Alas, she ended up not feeling very well or very perky most of the weekend (although she seems to be on the mend). The change in our plans afforded me the opportunity to nurse and care for her which is always a good thing. I did have time to go back and re-read whole sections of the book again. More importantly, I had the book open next to my internet and I decided to do some fact checking and verification (still trying to be skeptical or at least do my homework). What I found was the historical section is actually spot on accurate (good sign). I also spot-checked and verified the data points and quoted prices set forth in later chapters (another good sign). I have more independent verification yet to complete to completely satisfy my nature, but so far the author seems to be dead on accurate. The hardest thing for me to get my head around is how I didn't know or think about this and why no one is talking about it. My brain keeps trying to tell me that despite my verifications, this guy has to be wrong. But, the further I delve into it, the more I believe I'm wrong and he's correct.

 

[flatheadlakeprepper]

Ok. A quick update to this thread. First, I continued fact checking the information that the author used this last weekend. I have now spent two weekends fact checking and verifying information and am even more convinced he is correct. I have't found a single piece of information that wasn't accurate and supported by third party independent sources. Nor have I found a single instance where a quoted price was not accurate on the date it was quoted for. To answer a question he asks repeatedly- at the end of the weekend, I found that i was scared. Second, I also spent a little time looking for warning signs and indications that Russian and China are actively divesting themselves from the U.S. dollar. What I found was multiple references from different sources that suggest that is exactly what is happening. I also found references that multiple entities are attempting to eliminate the direct tie between oil and the U.S. dollar- Russian, China, OPEC, and several middle eastern countries working independant of OPEC are attempting to sever the valuation of oil and its sale from a U.S. dollar basis. Finally, in my email this afternoon from the blaze was an article from "Money Morning" titled "Putin made his move....Russia has begun 'dumping' U.S. dollars". Seriously, I don't believe in coincidence and now I really am scared. I'm just hoping I have time to implement what I've learned from the book.

 

[Gazrok]

I also found references that multiple entities are attempting to eliminate the direct tie between oil and the U.S. dollar- Russian, China, OPEC, and several middle eastern countries working independant of OPEC are attempting to sever the valuation of oil and its sale from a U.S. dollar basis.

Yep, they've been actively trying to do this for years. Problem is (for them), the rest of the world isn't on board, especially with the Russian ruble tumbling faster than Oksana Baiul after a party, and China's factories slowing down, while Venezuela spent every cent they made and then some. Additionally, OPEC still hasn't reigned in production to keep oil prices higher, because they are trying to make the US oil producers cut production first. Even with the weak global economy, when it comes to oil, still no reason in sight to go off dollar, and the world knows it.

 

[Maverick]

Agree with Gazrok!

Also, The countries wanting to move away from the dollar as the reserve currency have a currency transparency problem namely china, new development bank (BRICS) that's wanting the change the reserve standard can't even agree who controls the bank and given china is the largest investor doesn't guarantee nothing given the YUAN has no transparency. The dollar losing it's reserve status will happen someday but diffidently not in my life time.