Wednesday, December 7, 2011

Bank analyst in Europe finally gets it as he advocates gold, food, and guns

Serious preppers know the three G's (gold, guns, and God... not in that order), but it finally appears a banker for UBS has realized the times we are living in, and is advocating citizens to stockpile just that.

Today, Larry Hataway has released yet another sequel to the original piece, focusing on this so very critical week for Europe, which as Olli Rehn said, must find a solution by Friday or see the EU "disintegrate", in which the vivid imagery, loud warnings and level of destruction are even greater than before.
… captured probably the best in Hatheway's recommendations of assets to be bought as a hedge to a Euro collapse: "I suppose there might be some assets worthy of consideration—precious metals, for example. But other metals would make wise investments, too. Among them tinned goods and small calibre weapons." But even that is nothing compared to the kicker: "Break-up runs the risk of becoming one wretched scenario. Sadly, however, it can’t be ruled out, just as it would have been improper to rule out the horrors of the first half of the 20th century before they happened." And there you have it: a reversion by Europe to the perfectly stable system from a decade ago, is now somehow supposed to result in World War. And with that the global banking cartel has official jumped the shark, just like the FT's latest rumor earlier today did the same by indicating that the well of European "bailout" ideas has officially run dry. - Zerohedge

You know the end of the world is coming when the giant sucking sound coming out of the banking industry is prudence and honesty of what the RIGHT investments for consumers really ought to be.


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