So with a week to go....

Are you cocked and locked for the post election turmoil about to hit the USA? Have you bought your gold and silver as a hedge against inflation when things begin to melt down financially the day after the election? The US has 2/3rds of its dollars sitting abroad and these will be dumped causing the USD Index to probably hit new lows below 70. This will cause massive inflation moving towards hyperinflation by March of 2017. The Fed won't be able to create enough money without crashing the dollar. Gas at $10.00 a gallon. Interest rates rising to 9%. Credit freeze. Gold at $25,000 an ounce. Silver at $700 an ounce. Falling property values. Are you prepared for a world where everything you own loses value while at the same time everything you need increases in price?

Vaa Fakaosifolau Said: You got to be kidding me

Amen

Vaa Fakaosifolau Said: I dont know about bug out homes, but Shania Twain built an big mansion down in the south island, there are a few high rollers from the US have bought farm properties here.

Vaa Fakaosifolau Said: Then it would be back to the horse and plow days

Uh oh the Maori and the Native Americans will have the upper hand.

Vaa: Was looking at some future trends reports and they say people from the UK will be coming to AU/NZ in droves over the next decade as the UK way of life disintegrates due to their immigration policies over the past 20 years. They say it will be the millennials under 34 and post retirees.

Any truth to the stories on the internet about the worlds elite building bug out homes in NZ?

So..... Given your present business model and current debt load (if any) could you and your business survive a prime interest rate of 9% for the next 24 month period?

Are your mortgage rates fixed term or variable rate?

Lines of credit??? You will feel the pinch immediately with interest rates rising.

Credit freeze??? No new money available and demands for monthly payments or payment in full for existing debt.

Decreased business revenues and higher operating costs?

Having lived through the 1981 crash and having the prime rate at 18% our 30K retail business line of credit was costing us close to $800 a month in interest alone. Then the bank wanted a $750 a month payment on top to bring down the balance. With decreased sales this spelled doom.

"Are you prepared for a world where everything you own loses value while at the same time everything you need increases in price?"

You just described the story of my life! :dry:

egg Said: Honestly, now, arent you really just secretly terrified that property values near you will quintuple overnight and your children will all have to come here to live? Tell the truth now.

Truth is that I think this whole fiat money system is about to collapse. The globalists don't want Trump near the cesspool in DC and if he is elected they will pull the pin financially and place the blame on him. If Hillary wins, we will go to war and they will pull the pin financially and blame it on that. A no win situation. No weak stomach just a realist that has an interest in world economics, politics and past history (as it really happened). This isn't just an US issue, this will affect the whole world.

Property values around me have gone up about 50% in the past 3 years. All my kids got in the market just before the major rise. Vancouver has been the hot spot, thus the 15% foreign buyer (people from other countries buying safe havens for when the SHTF and keeping them boarded up) tax that was imposed in August. That cooled the fire a bit but never put it out. We are getting spill over to the island from locals selling out in the city.

Interesting side bar. My in-laws owned a house in Vancouver in the mid 1950's. Decided that they didn't want to raise their kids in the inner city and built a house in the suburbs in 1959. They sold that in 1977 for around 70k and went into some building ventures and got wiped out in the crash of 1981. They recovered enough to buy a truck and 5th wheel in 1994 when they retired. The house in the inner city now worth 1.7 million. A 1930's bungalow. House in the suburbs is now in a run down area and is worth only $900,000. They sold the truck and trailer 2 years ago for $5500.

Honestly, now, aren't you really just secretly terrified that property values near you will quintuple overnight and your children will all have to come here to live? Tell the truth now.

Nope, better stock up on dog food.