[turk73]

The problem is that most cash money market or savings accounts are only insured to $250K each. If I move money out to them to await my big moment, I have to open several accounts.

Back in 2007 I had funds in NetBank which happened to be the first bank to fail during the crisis. My money was bailed out 100% by the FDIC. But it was a tense time and a lesson I won't ever forget.

Today, banks can fail and the laws have now changed such that savings accounts may be used to "bail in" this time. So beware--cash is not safe, actual hard cash is not safe (can get stolen, safe deposit boxes are not allowed to hold any cash), gold and silver must be in hand, but are not safe for the same reasons as cash. No investments are safe, not even money market funds--those nearly broke the dollar peg in 2009/10.

So what should we do? Bitcoin? Give me a freaking break, lol!

We went to FL in 2009 and I remember vividly how many condos were on sale for unbelievable prices. The thing was, you could not get financing and I had no idea how long any recovery would take if it ever came at all. I expected another leg down, not a recovery. The only reason we had a recovery is because Bush fired up the printing presses and Obama kept them going. Then gas prices went totally insane which is how they bailed out all the banks--on our fucking backs! And NOBODY went to prison! Oh, and the worst part was all the "Peak Oil" propaganda all over the Internet which had to be a psyop because they had to justify the high oil prices which were in no way justifiable at all.

So after long consideration, I think this time we really should just shoot the bastards.