<<Well, I still believe gold, platinum, or any other valuable coin collectibles can be confiscated at any time by government>>
... and if and when they are so confiscated, you would remain happy to stay where you are? If not, I suggest you position your gold and platinum away from where you are, or well hidden.
<<I still believe if US dollar devalues enough against RMB, jobs will come back to the US side>>
... the key word is 'enough'. Enough is when, as I once calculated, the average purchasing power of the average annual US income goes to USD 8,000 in current terms. So, enough may be too much. In any case, I think it is not proper to assume a gentle down draft of exchange rate, as opposed to 'defend to the last man, and then sudden collapse' of same.
<<The US still has Alaska and other places where oil & gas hidden down under. We may not know the truth of the exact figure of the true reserve US has. And there's enough food surplus too in US>>
... when and if it comes to all that, you are still willing to stand pat? as opposed to migrate to friendlier locales?
<< The story is much different for China>>
... China collapsed already, and its middle class was completely wiped clean.
<<I think China needs to buy a lot of stuff from US>>
... and? Buying and selling is very much a free market thing, and doesn't have much to do with systemic monetary collapse.
When Argentina collapsed, it sold lots of stuff, which save it from terminal social collapse, but never the less, the middle class got wiped clean.
As Zimbabwe is collapsing Message 22933856 and has been for a while, note how they too are selling lots of stuff, but the middle class is no more.
Does surviving a collapse, as opposed to prospering, bring joy? I suppose it could, but truth be told, the vast majority ALWAYS survive a collapse, just wiped clean.
As to <<The US still has Alaska and other places where oil & gas hidden down under>> ... yes, and it is all for sale, guaranteed by Goldman Sachs and GE Capital. You are not under the delusion that they work for the US middle class, are you? |
