This article was written by Michael Snyder and originally published at the Economic Collapse blog.
Editor’s Comment: There’s more than a few big secrets in the Obama Administration, and perhaps the most devastating has been the hidden economic collapse that has been hurting the American people in slow motion ever since the 2008 crisis, and throughout the entire Obama presidency. Many don’t remember among all the pomp and circumstance, but President Obama’s first duty and deepest loyalty is to the bankers that he covered for and colluded with.
The Federal Reserve and the larger system has been playing dumb as all the pretend money of quantitative easing has allowed those at the top to centralize power and starve the body politic. The systematic collapse of this country is striking deep, and the artificially inflated stock market cannot fool everyone forever, nor can it hide the impact or impending collapse.
Painful To Watch: This Is The Weakest U.S. Economic ‘Recovery’ Since 1949
by Michael Snyder
Most of us have never witnessed an economic “recovery” this bad. As you will see below, the average rate of economic growth since the last recession has been the lowest for any “recovery” in at least 67 years. And unfortunately, the economy appears to be slowing down even more here in 2016. On Friday, I talked about how the U.S. economy grew at a painfully slow rate of just 1.2 percent in the second quarter after only growing 0.8 percent during the first quarter. And last week we also learned that the homeownership rate in the United States has dropped to the lowest level ever. This is not what a recovery looks like. Instead, it very much appears that a new economic downturn has already begun.
But don’t just take my word for how painful this economic “recovery” has been. The following comes from a Wall Street Journal article that was just posted entitled “Seven Years Later, Recovery Remains the Weakest of the Post-World War II Era“…
Even seven years after the recession ended, the current stretch of economic gains has yielded less growth than much shorter business cycles.
In terms of average annual growth, the pace of this expansion has been by far the weakest of any since 1949. (And for which we have quarterly data.) The economy has grown at a 2.1% annual rate since the U.S. recovery began in mid-2009, according to gross-domestic-product data the Commerce Department released Friday.
The prior expansion, from 2001 through 2007, was the only other business cycle of the past 11 when the economy didn’t grow at least 3% a year, on average.
This entire seven year stretch has come while Barack Obama has been in the White House. After more than seven and a half years, he is solidly on track to be the only president in U.S. history to never have a single year when the U.S. economy grew by at least three percent.
And unlike many presidents, he has had two terms in which to try to accomplish that feat.
One of the industries that had been doing fairly well during this recovery was the auto industry, but now in early 2016 they have found themselves struggling too…
Now, the auto sector, which has propped up GDP growth for years, is slowing down. For the first six months, total car and light truck sales, at a seasonally adjusted annual rate (SAAR) of 17.5 million vehicles, are lagging behind last year by 100,000 units. Over the first half, fleet sales to rent-a-car companies and big fleet buyers were up industry wide. But retail sales fell 2%.
All over the corporate world, earnings are down.
In some cases, they are way down.
It is being projected that this will be the fifth quarter in a row when corporate earnings have declined, and even mainstream analysts are now admitting that it is “evident” that we have entered “a global slowdown”…
“Earnings season in the U.S. confirms the overall macro picture that we have. We have a global slowdown. It’s evident in all of the major economies,” said Peter Garnry, head of equity strategy at Saxo Bank, on a Bloomberg podcast.
Of course I have been saying this exact thing for the past 12 months, but a lot of people have tuned me out because the stock market in the United States has been doing so well.
But the stock market is not an accurate barometer for the real economy. It never has been, and it never will be.
If stocks accurately reflected the health of the U.S. economy, they would have already crashed really hard a long time ago. At this moment, stock prices are completely disconnected from economic reality, and this has many of the most respected names on Wall Street scratching their heads. One of them is Jeffrey Gundlach, the chief executive of DoubleLine Capital. Just check out what he told Reuters on Friday…
Noting the recent run-up in the benchmark Standard & Poor’s 500 index while economic growth remains weak and corporate earnings are stagnant, Gundlach said stock investors have entered a “world of uber complacency.”
The S&P 500 on Friday touched an all-time high of 2,177.09, while the government reported that U.S. gross domestic product in the second quarter grew at a meager 1.2 percent rate.
“The artist Christopher Wool has a word painting, ‘Sell the house, sell the car, sell the kids.’ That’s exactly how I feel – sell everything. Nothing here looks good,” Gundlach said in a telephone interview. “The stock markets should be down massively but investors seem to have been hypnotized that nothing can go wrong.”
If you follow Gundlach, you probably already know that he has been dead on accurate with regard to the financial markets over the past couple of years.
So when he says that the stock market “should be down massively” and that it is time to “sell everything”, we should all take him very, very seriously.
All throughout history, a huge decline in corporate earnings has almost always resulted in a huge decline in stock prices. As Jesse Felder has noted, “we have never seen a decline in earnings of this magnitude without at least a 20% fall in stock prices” during the last 50 years.
To any rational observer, it is quite obvious that stock prices should have already started collapsing quite some time ago.
And to a large extent this has already happened around the planet, but here in the United States stocks continue to defy the laws of economics.
But at this point it isn’t going to do much good to warn people about this. Those that could see the danger coming have already pulled their money out of stocks, and most of those that want to stick their heads in the sand and pretend that things are somehow going to be different this time are not likely to be persuaded this late in the game.
In the end, we should all be grateful that this absurd financial bubble has lasted for as long as it has, because stability is much more pleasant than instability. The U.S. economy and the U.S. financial system have enjoyed a prolonged period of stability that has defied all the odds, and let us hope that it lasts for at least a little while longer…
Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.
Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream.
If you want to know what is coming and what you can do to prepare, read his latest book [amazon text=Get Prepared Now!: Why A Great Crisis Is Coming & How You Can Survive It&asin=150522599X].
Sure, things are tough but you mustn’t grumble… Worserer things happen at sea don’tcha know!
I’m not surprised! Are you?
Sgt.
I really don’t care I don’t in the markets.
Sgt.
Sething oing on . yo tye a wonly puts up one or two letters.
As you can see. You type a word and it only puts up one or two letters.
Should have the words “invest in the markets”.
AWWWWW, ever ind IG.
Go to your cell settings and turn off your spell incorrection feature. Mine was over writing correct spelling. Technology is not all that.
~WWTI… btw/ check out http://www.landwatch dot com for property. orf Zillow dot com works also.
Sgt
I have a 401K. If people do you find out that the government has got you. You can take loans off of it. You are only allowed to withdraw a certain amount. That with a 10 percent penalty. Then I tried to roll it over into an IRA. My plan treats that as a withdrawal with no penalty so you are still only allowed to use a certain amount of it.
They have you no matter what you try to do with it. I did put my money in the most conservative fund I could. That is about all I can do.
Company matches 50 cent on the dollar up to 6 percent. I stopped that a month ago. I will start again if things change but I don’t see that happening.
I left my position for many reasons recently. One was to gain control of my investments locked into a profit sharing investment vehicle that I saw as an investment death trap.
I feel better.
Gee, if it all comes crashing down, investors will flee and buy more PM’s, which means $26.50 is not far off at all, is it?
~WWTI… 2016 crash will be much much worse than 2008.
You so two thousan’ an’ LATE..
haha!
If the company is matching anything over 10%, you have to contribute until you hit that max either per paycheck or yearly. You are being given money, where does that happen if you are not on welfare ? no where.
yes, at some point the govt may take a percent over even all of your 401k to keep itself afloat; but it is a risk worth taking imo when you are being given money.
Sgt, see if you can take a loan out against your 401k. You pay yourself interest, and you pay no penalty to Uncle Sam. Invest the loan money in whatever you want!
Good luck,
Mal
MAL
Thanks for the advise.
I put my money into land. 10 years ago I spent $52,000 on 100 Ac. today it is worth $150,000. The land has timber on it and its about time to harvest it again. Last time it paid for the land. I have other investments, that are worth $250,000. I don’t play the markets.
Sgt.
DALE, you are in the stock market if you receive, or are going to receive a pension check from your cop employment.
Doesn’t work that way with most retirement 401k type accounts. There are some that you can borrow against, but they’re not the ones most employers will set up for you. You’ll need to ask a professional before setting up anything from which you might borrow against, or Uncle Sam will soak you good. Been there…
Funny how those in government can amass millions for themselves in the market but can’t do anything but give the country and its people massive amounts of debt. How are they so remarkably brilliant with their own financials and so utterly pathetic with everything else?
“M:
Let me try to answer this.
The government/rich are using their money so they are more careful, and work harder to make as much money as they can.
The public/sheeple are too lazy to do the work to make sure they make as much money as they can. So they turn it over to the guberment, and they don’t give a CRAPP about you or your money so they waist it.
Sgt.
I don’t warn people about the problems we will face real soon. Only if they ask and I think they are sincere.
I’m done with people. I am going to be one mean SOB when it goes down. I may not show it outright, but rest assured. If you did not prep, you’re screwed.
I cannot disagree with your statement.
If it goes down, all the stupid that you couldn’t fix before will be coming for you…
One of our church members, an elderly Mennonite man, took us on a hay ride yesterday back up in the TN mountains where he and his family live.
The topic of conversation was how the country was in a deep moral slide.
He then went on to say he believed within 10 years America would be hard pressed to feed it’s population. That people have no idea how to provide for themselves.
He is a dairy farmer and of course, being Mennonite, provides for almost all of his family’s food needs from field, garden and animal.
It was quite a sober message he gave us back up there in the mountain at his hunting cabin.
‘ello dear grandee, Your words hit home hard… The worlds gone friggin’ mad. Wondering if it is the end of days?
Wouldn’t be surprised if it was.
Wishing you all the best dear lady xXx
Morning Agent- thank you for the kind words. Blessings sent your way. May God keep us from the times to come.
I told an Amish elder about people prepping and returning to the land. Just giving him a heads up in case he starts getting city folk moving into the area.
His reply wasn’t nearly as humble.
He just smiled and said ” well people have pointed their finger at us and laughed at us for many years”. The way we have endured their jeers .. is by knowing that in the end we will have the last laugh.::::::
BooYa
I second that! I’ve learned a lot from the Amish and Mennonites I know.
Obama Has Been Hiding a Global Slowdown: “Stock Markets Should Be Down Massively”
Not sure how this is a secret – considering how much money printing has been tossed back into the Markets to keep those “artificial” numbers looking great.
Manipulation at it’s finest – In today’s World – What isn’t manipulated anymore? We are living in the very finest times of Fraud, Deceit, and Lies.
The Circus Show will continue – until they[tptb] decide they have had enough of this current ponzi scheme.
Well if the article is true then this shitbird is still a wet-behind-the-ears-yonker compared to the biatch-in-waiting.
Obama has been hiding a global showdown? aww never mind found em ?
The country is in trouble on many fronts and can not strike a balance on how to fix the. One person thinks he knows better and forces his position on others.
Then the other side digs in and the battle rages on.
Some ideas are bad medicine. People do bad things because they know they can get away with it. Then there are those who will do what the hell they what no matter what. The people who want to keep the peace are stuck in the middle and say nothing or make excuses for bad behavior. Especially lies which are condoned by others who support them and should know better. Again, especially in positions of public trust. It’s a coming what ever it is.
“Lunatic Fringe, we all know you’re out there”.
The lunatic fringe has control of the media. I have read two lib writers recently that labeled preppers/ survivalist as fringe element right wing extremist… these are the same pukes that can’t bring themselves to say radical Islam.
Good tune though.
Frosty1
This morning I assembled a small riot shield. Some tin roofing, large fence handle, leather strap. 2 pieces of 90 degree aluminum angle stock to stiffen shield and sheet metal screws. A few extra screws in the shield’s front so when I rake it across it cuts.
Might never use it. One of those things that if you die the living finds it and says, WTF?
LOL
Anon, do you know the difference between concealment and cover. Its Huuuuuge!!!
~WWTI…
WWTI
The difference between living and dying in some cases. ;0)
Could use it as a heat shield from a forest fire or double as a heat reflector from a campfire in cold climate.
Obama is just a shill that works for the global banker/corporate syndicate. THEY are the ones putting off the crash until they have most of the real wealth in hand, or ready to pick it up after the crash for pennies.
“Obama is just a shill that works for the global banker/corporate syndicate.”
Oh no!!! Please don’t say it is so? Now I am sad, and butt f’kn hurt.
[Sarcasm OFF]
The only reason I see for stocks not being allowed to correct is the fact that they comprise a huge part of the boomer’s retirement plans. Tptb do not want that kind of chaos before elections. The chances are very high, they will let the rope slip early next year. Don’t like it much… I still have paper. Good news is, my long term food isn’t losing value.
We have a small IRA, having been wiped out twice in 2008-09. My husband’s company doesn’t have any type of pension plan, so we’re prepping like mad. I find it fascinating that “The Week”, a relatively new liberal magazine with great book reviews, is bragging about the wonderful state of the economy. Are they blind or just propping up the agenda? I’m not renewing, by the way.
US – labor force participation (collapsing)
US – Home ownership (collapsing)
US – adult children at home with parents (explosion)
US – subprime auto loans (explosion)
US – subprime auto loans defaults (increasing)
US/world – velocity of money (collapsing)
World – dumping US debt (increasing)
World – buying metals (increasing)
Note: Sharia Law modification looking to allow for gold investment – explosive pressure on supplies would ensue.
World – Debt (exploding)
Please keep list going…
perpetual zero % sub zero % interest rates to comply
with Islamic law on “usury”
Just a guess but I smell a halal rat.
Caterpillar retail sales decline for 43 consecutive months…
http://www.zerohedge.com/news/2016-07-25/caterpillar-retail-sales-decline-43-consecutive-months
http://www.zerohedge.com/news/2016-01-28/250000-caterpillar-bulldozer-can-be-yours-low-low-price-5500
Some items were removed due to low initial bids , others sold…
boyo- add
Student Loan Bubble
Credit Card Debt Bubble
Food Inflation,
Government Fraud
~WWTI…
The government’s phony GDP numbers are adjusted by their phony inflation numbers. I’m sure real GDP has been down by at least 1% for every quarter since 2008.
The big banks and the Federal Reserve are behind the stock market manipulation. High frequency trading is part of it. The federal government has a stock market stabilization fund which is used to buy stock to keep the prices high as well.
actually the bank of japan and Europe have been hiding things for the stock markets this year and they have been doing all of the QE this year, maybe the usa will get back in the QE game next year.
I do think the markets would easily be down 20% this year in the BOJ and Europe hadn’t been throwing money in, but we are still in fantasyland.
OFF TOPIC… Can someone please tell the father of the Muslim soldier who got killed to simply shut the fuck up. He is been on all channels talking about how great McCain is and how much Hillary loves everyone.
I feel bad for his son dying to protect the Zionist interests but c’mon Mr Khan don’t fucking lecture the rest of us. I don’t like Trump either but if your think your beloved Hillary cares about your son you are a total ignorant idiot. .
Obama timed for the crisis to happen at election time, but it won’t work
Federal Employees – to include military personnel – now are permitted to directly send dollars from their pay checks to mutual funds/investments. Don’t know when this started but this is a form of the Feds propping up the market; and, allows the investment banks to anticipate and position their “dark pools” to exploit…same time each month to sell to government. Another form of diverting government funds – remember how they tried to put Social Security monies in the market.
Also, maybe you can this riddle (I really don’t have the answer): Where would we be now if the Military, State Governments and corporations did not send worker’s pay “check-to-bank”. That they had to pay cash…like military pay officers used to do long ago…
Two thoughts on how the government and corporations contribute to the deception…
Thoughts???
So long as debt is considered wealth, each dollar is owed back to the Federal Reserve with interest and debt must be incurred to bring future resources to the now, the bubble will expand.
All bubbles eventually “pop”. This may be beyond a BANG.
Global Debt and the Human Bubble
https://realityparadigm.wordpress.com/2015/06/11/global-debt-and-the-human-bubble/
At times I find the writing on the wall to be as good a barometer as any. Within the last. several years I’ve noticed more people in the city standing on corners holding up signs. It seems they have claimed corners as some have been on the same corner for more than a year.
The old winos had cardboard signs with “please help” or “God bless”scribbled on them with magic marker. These new guys have signs that look like they we’re professionally lettered with a lettering brush and they’re wearing new sports jerseys. Yet there seems to be no shortage of people handing them money.
That makes for a hard barometric reading. Guess I better stick with mutual funds.
Invest in land water shelter skills.
Get yourself off the grid and off jit.
Eat as if your life depends on the nutrition.
Not rocket science folks… it is how human beings have survived good and bad for millennia. It shocks me how blase preppers are about this.
I suspect white folks will not survive loss of the infrastructure because they are the biggest consumers dependent on it. The survivors live in 3rd world countries off grid.
Hi all been a while since I’ve commented but off topic
I recently came home from work and found my basement full of water. Clean water not sewage. Luckily I didn’t loose anything except a bag of rice and bag if sugar I had to rip out a bunch of insulation however my ammo stores were on the floor and submerged for what I guessing is about 5 days.im wondering if there are any precautions one should take before using it. Also the mold smell is coming from the basement so I’ll be ripping out wall studs and drywall today. Any advice on cleaning up the ammo and mold.
Get some sprayers (the kind you use for yardwork) and fill them with a 50% bleach solution. Saturate your studs and base joints. Then, ventilate that area with a commercial type fan. Saturate a towel with your solution and hang it on a nail in the area you are ventilating. You want tgat towel to be crispy dry… several times… before putting new drywall in.
Angry Beaver.
Whata mess?
Some ammo is lacquer coated and sealed primers. Military ammo should also be sealed. Commercial ammo I would pull a few bullets from the case and see it is wet and then weigh the rest. More weight it has water intrusion. You could get some Hang Fires. Be careful.
All my ammo is commercial. Mostly Winchester super x. Typical Walmart or Canadian tire ammo (Canadian tire is the equivalent of your harbour freight)oh one more complete disaster my revolver was also submerged took about 3 days but I think I got it cleaned out the blueing was damaged but no rust thank God my bug out bag was also soaked the wool blanket I had in there may be lost to mold med kit destroyed didn’t loose anything I can’t immediately replace however I’m concerned about my ammo got about 900 assorted rounds that were affected and ammo is hard to get here you need a specialized licence I’m really hoping my 44 mag rounds were not affected I’ve been since drying them out and oiling each round for further storage. Let this be a lesson folks water proof your preps. Or dry it out ASAP.t thanks for the advice on the hang fires. Any advice on how to safely deal with that other then just pray lol
AB
Hang fire. When I’m training folks if they have a hang fire I have them pointing it down range for about 30 sec. If nothing happens, take the round out and set it away from them and then pick it up later and pull the slug, dump the powder, and primer then reload it.
Sgt.
AB, whatever you do DON”T put oil on your cases/bullets. It’ll soak into the primers and render them usless. Oil is WORSE than the water.
STOP OILING YOUR AMMO! NOW!. Place it in kitty litter–and check for moist kitty litter–if it’s moist, your ammo may be compromised. If after several days in kitty litter, everything seems dry, by an inertia bullet puller–Lyman offers one, so does RCBS. Tap out a bullet. If the powder is dry and flowing, its fine. If it’s clumped up,its wet. Replace the powder AND primer and press in the bullet.
A.B.
Sorry for the water.
I would do what ANNO said. “pull some bullets” see if the powder is dry. Take the ones you have pulled and test the primes also. Empty rounds no slug and no powder. Put them in your gun and squeeze the trigger if they all go “pop” you are in good shape. I wouldn’t worry too much about the military stuff.
As far as cleaning them I would wipe them down with WD40. There in the name Water Displacement #40.
I did this for a friend of mine and everything worked fine, so far after around 300 Rds. no duds.
Sgt.
Yeah, Keep you ammo in Sealed Military Grade Ammo Cans. You won’t have that problem again.
~WWTI… That is a good point, I had a high pressure washing machine hose blow in my basement one time in the 80’s. About 2 inches of water in the basement before I discovered the problem. That took a while to clean up. I had just bought the house, and a few months later, that happened. I never even thought about checking for cracked hoses on an existing washing machine. Now I put on braded new hoses every time. Go check yours to see if there is any wear or cracking. Replace them now before it happens to you.
Most flooding in a home is indeed caused by failed Washing machine hoses or failed pump seal. If you’re going to be gone from home for more than two days turn the breaker in the panel box off that powers the well, open your hose bibs outside and take the pressure off the well pressure tank.
Angry beaver, don’t let any WD40 get near the base-it can soak into the primer and it won’t go bang.
Years ago there was a story about a cop that sprayed his revolver with it and it cost him his life
This Muslim Communist belongs in prison with Hillary !
Growth.
Growth growth growth. Wanna keep growing? You’re either going to need to kill off a buncha folks (massive demand destruction) after which you can “re-grow”… wash rinse repeat… also known as fake growth…
Or you’re going to need 10 planets the size of fucking Jupiter.
To infinity and beyond kids.
The Indians told you you couldn’t do this growth shtick.
They lived here 40,000 years. You lived here 200. Who’s laughing now, white boy?
Benjamin Ginsburg makes an interesting compilation of “financiers” that over the past millennium have assisted various European rulers inflate their monetary systems in FATAL EMBRACE; …(financiers) AND THE STATE. It seems they consistently ended in chaos with the involved financiers being deseized, physical abused, and/or exiled.
I wonder if history repeats itself.
Thanks for the not oiling tip I’ve had my ammo played out now for two days in a warm dark ventilated room so far I’ve just been checking each round for any sign of “spoilage” its a lot of ammo and I can’t afford to replace it and have no safe way of pulling slugs I was also thinking about loosely storing the rounds in a wooden box with a few handfuls of desiccant packs ?
So far it all looks good other then that all I can do is head to the nearest cut line and spend a few rounds off and see if any hang fires occur. The 44 is off to the Smith tomorrow morning for a complete strip and clean and a new finish going with nickel or silver plate I can supply both metals and the guy works cheap thanks for the bleaching tips I’ve been using bleach on the concrete walls I’ve striped out all the frame work I can just don’t need that black mold starting.
We’ve been in a recession since 2k8 or thereabouts-we’ve never even recovered. Job growth needs to be at the least 500k per month YoY in order to even begin to think of a recovery. Many companies are not hiring Full Time, Company people-only temporary work at vastly reduced wages (think contractors) that pay 2/3s the rate these contractors used to get paid.
IOW, in the Metro DC area, in order to live half-way decent, you need annual RoP of $80k. Ain’t happening-unless you’re USGOV employee or have a clearance ( and even then that ain’t a guarantee).
Before the 2k8 smash up, I was planning to retire in 2010, well, that got vaporized with WaMu and Lehman going south-along with $1.2 Million of my investments and such-by the time it was all over, I had $90k left.
2014 rolled around and got laid off, was making nearly $50 per hour, now, contract worker making $18. So, no, as far as my experience has been (along with nearly 500 of the same type of technicians and junior grade engineers) getting work doing what I’d been doing for 40 years is tough.
Honestly, I hope that it goes to crap, because pulling the bandage off one hair at a time only prolongs the agony.
(As an aside, if you’re above the double nickle in age and have experience greater than 30 years, HR managers freak out because they think that you’ll be too expensive. Just something to consider. )
Be well, keep stacking and prepping-one more item-OT- winter is coming-rotate the contents of the BoB to suit the season.
Cat
I saw a hilarious video that is also very serious.
Obama tried to create a false flag that didn’t go as planned.
Our ship loaded with nukes and crisis actors goes into Iran’s territory. All the crisis actors, no tans, are kneeling with their hands behind their heads as they submit to a take over by Two unarmed Iranian fisherman who board, one holding a petite American flag. Fortunately these two Iranians could not be persuaded to take the ship loaded with nukes.
Obama would have Nuked an American city and started World Nuclear War with Iran, an object of Isreali’s quest for expansion in the area and control of the greater part of the world’s oil.
Since this failed, Obama is forcing Russia into Nuclear War with the United States, which as you know, gets its marching orders from Israel. Netanyahu said he will drain us then he will annihilate the United States. So, why does he get 28 standing ovations when he, a foreigner speaks before Congress. Our people are afraid to sit down.
“To learn who rules over you, find out who you can not criticize.”
_____
Metal 50 cal ammo cans with those little silica bead bags you get with shoes and electronics. Leave your ammo in the original box don’t touch the cartridges with your hands till your gonna use them. The silica bags absorb the moisture and the cardboard box helps too make sure the can seals airtight. Store in cool dry spot that maintains same temp. Taking cartridges out of the boxes is a mistake IMO because you end up touching them. You don’t need to touch the ammo to store it. I’ve not had any problems at all. If you want you can write the date you bought the box on a piece of masking tape and stick it on the box of ammo so you can shoot the oldest stuff first keeping the freshest supply on hand. If you don’t shoot much take your guns out once a year and check for rust. run a mop lightly oiled down the bore and wipe gun with oily rag to keep a coating of oil on them the put them away. Easy peasy. For long guns get the hoppes bore snakes in their respective caliber forget the patches and rods they are a pain in the ass. You put a few drops gun oil on the end of the boresnake and as it passes through it leaves a thin oil coating. Unless you wanna spend the weekend with picks and patches cleaning guns. guns are tools just like a set of wrenches you wipe em down with oily rag and put em away. People over do it with shit jeez.
I have said this before and I’ll say it AGAIN:
a- Get OUT of the Stock Market NOW!
COMPLETELY!
b- CONVERT your 401k to a SILVER (coinage) IRA (Canadian 1 oz. SIlver Maple and/or 1 oz. American Silver Eagle). Yes, if you are younger than 59 1/2 years of age you WILL pay taxes on it. Put it safely in a Depository AND/OR take possession of it!
In the Fall the powers that be will indemnify the U.S. of its debt by TAKING = STEALING ALL Retirement (and Savings) Accounts because THAT amount ($22 million) is roughly what our National Debt is (or used to be).
In conclusion:
– get OUT of the Stock Market
– convert your IRA/Retirement Accounts to Silver
– stash your silver securely
– get the preps you need NOW
– make sure you get right with God (spiritually prep) every day
If you are OLDER than 59 and 1/2 years of age, of course use some of it for Preps such as food, high end L.E.D. flashlights (NOT the ones advertised on TV), batteries, etc.
Remember that lithium batteries will work in the cold of winter, alkaline batteries will not.
EVERY Bank in the WORLD is insolvent because of the derivatives fraud/evil.
Get your valuables OUT of the Bank or they will be stolen like they were in Greece.
– the Lone Ranger