The xXx Gloom & Doom Report

[lighthawk]

I remember the first time I walked into that shop. He had a mountain of silver rounds stacked up pyramid style. There were also stack upon stack of silver eagles in sleves.
Just a side note... When I was a child my mother started a coin collection (Pennies, Nickles, Dimes, Quarters and Half dollars) When she passed away I inherited the collection. I set about to try to complete as much as possible. Obviously it is virtually impossible to find silver coins in circulation anymore but many old nickels and occasionally wheat pennies do show up from time to time. I focused on the nickel collection and and started buying $20.00 worth every week. I have successfully found a decent (albiet circulated) example of every nickel ever minted. (there is one exception) In the process I checked the dates on over 80,000 nickles. I used to just put them back in the rolls and then cash them in as a sort of emergency fund. ( one winter when I was laid off I actually made a mortage payment using nickels) For the last couple of years however I have been just throwing them in a wooden box, about the size of a bread box, in the safe. I have two of those boxes full and I have started filling a third. Since I started I have found the equivelant of one full ounce of silver and then some just in nickels. I also seperate everything minted prior to 1960 and save them seperately as most coin dealers will pay a preimum for them.

The other day I came across this... http://www.cnbc.com/id/44789467 Turns out maybe I'm not such a knucklehead after all.

The exception I spoke of ... The 2009 "P" and "D" nickels. I have yet to find either in circulation. My nephew purchased one of each for his wife's collection when they were first minted and the coin dealer charged him $6.00 for each coin.

 

[Wifezilla]

"The head of the world's biggest food company Nestle said on Friday that rising food prices have created conditions "similar" to 2008 when hunger riots took place in many countries.

"The situation is similar (to 2008). This has become the new reality," the Swiss giant's chairman Peter Brabeck-Letmathe told the Salzburger Nachrichten daily in his native Austria in an interview.

"We have reached a level of food prices that is substantially higher than before. It will likely settle down at this level.

"If you live in a developing country and spend 80 percent of your income on food then of course you are going to feel it more than here (in Europe) where it is maybe eight percent."

In 2008, the price of cereals reached historic levels, provoking a food crisis and riots in a number of African countries, as well as in Haiti and the Philippines.

In September the UN food agency's food price index came in at 225 points, just higher than the peak it hit in June 2008. It is down from the record 237.7 points hit in February this year.

Food price inflation this year is seen as having contributed to the "Arab Spring" unrest in north Africa and the Middle East and there are fears of fresh unrest elsewhere.

The increases are blamed on speculative commodity trading, climate change, rising populations and changing eating habits in countries like India and China, most notably an increase in meat consumption by a growing middle class.

Brabeck-Letmathe said another factor was water, saying humans were "using more water than is sustainable" and calling for the price of water to rise in order to encourage firms and consumers to be less wasteful."
http://news.yahoo.com/nestle-chief-warns-food-riots-115947524.html

 

[k0xxx]

IMF advisor says we face a Worldwide Banking Meltdown

"Dr. Robert Shapiro who advised Presidents Clinton and Obama and who currently advises the IMF predicts a cascading meltdown of the World's banking system starting with Sovereign debt in the Eurozone, affecting the UK then finally bringing down the global banking system. The clip was aired October 5, 2011 on the popular News show Newsnight with the corporation's top interviewer Jeremy Paxman."

It was but a few short months ago that anyone who said a banking meltdown on a global scale was branded a conspiracy nut, or worse. Now we are starting to see fear in a lot of the big players in the financial world.

 

[k0xxx]

"The head of the world's biggest food company Nestle said on Friday that rising food prices have created conditions "similar" to 2008 when hunger riots took place in many countries.

Higher food prices are spurring a rash of thefts from community gardens, This has to be at least the 5th or 6th such article that I've seen this season.

Vegetable thieves steal from community farm

 

[old fashioned]

Wait!.......Nestle? They make chocolate......food riots over chocolate? .....I'll be in the front of the riot over chocolate!!!

 

[savingdogs]

So is the stress level "getting" to you all like it is us?

I don't remember any time in my life that I was this worried about my country or the future of my children.

How do we de stress as we deal with this?

 

[Wifezilla]

The stress is getting to me. I think it is even getting to the terminally clueless.

 

[abifae]

I just let it go. Nothing I can do about it, so I don't care.

I'm very skilled at dissociation. *beams*

I stock up where I can. Which isn't much, especially as I'm about to join the ranks of the unemployed *laughs*

 

[old fashioned]

I think the stress is getting to us all and as new things happen in our world the stress level goes up, which in turn creates new chaos, which feeds more stress.......a never ending cycle.

Best way to de-stress is to not focus too much on it. Just do what you can to prepare for the worst case scenario, get to know your neighbors & who is friend or foe-try making as many friends & allies as possible, learn what you can from those who lived thru the 'Great Depression' if you can find them (people experiences are more informative than books in most cases).
Then let the rest go. Do all you CAN do, but realize you can't do EVERYTHING. Worrying about something you can't do anything about is really wasting your time & health.

 

[TanksHill]

I just let it go. Nothing I can do about it, so I don't care.

I'm very skilled at dissociation. *beams*

I stock up where I can. Which isn't much, especially as I'm about to join the ranks of the unemployed *laughs*

Abi, that laugh of yours sounds a bit hysterical!!

I find sometimes if I think about what I can't do it really stresses me. But when I turn it around an focus on what I can and am doing I feel better.


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