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View Full Version : Wall Street advisor recommends guns, ammo for protection in collapse



bacpacker
12-28-2013, 12:57 AM
Found this article earlier today. I have read some previous articles by Paul Bedard and think there is some valid info that he writes about. This particular article is kind of an eye opener from someone in his circles. Not so much in what his recommendations are when looking at it with a prepper's eye. But more, what he is saying with the inside knowledge he has in financial markets. Give it a read and see what you think.

http://washingtonexaminer.com/be-prepared-wall-street-advisor-recommends-guns-ammo-for-protection-in-collapse/article/2541205

Washington Secrets
Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse

A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and ammo to help them stay alive.

David John Marotta, a Wall Street expert and financial advisor and Forbes contributor, said in a note to investors, “Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms.”

His memo is part of a series addressing the potential for a “financial apocalypse.” His view, however, is that the problems plaguing the country won't result in armageddon. “There is the possibility of a precipitous decline, although a long and drawn out malaise is much more likely,” said the Charlottesville, Va.-based president of Marotta Wealth Management.

Marotta said that many clients fear an end-of-the-world scenario. He doesn’t agree with that outcome, but does with much of what has people worried.

“I, along with many other economists, agree with many of the concerns expressed in these dire warnings. The growing debt and deficit spending is a tax on those holding dollars. The devaluation in the U.S. dollar risks the dollar's status as the reserve currency of the world. Obamacare was the worst legislation in the past 75 years. Socialism is on the rise and the NSA really is abrogating vast portions of the Constitution. I don't disagree with their concerns,” he wrote.

In his latest note, he said that Americans should have a survival kit to take in case of a financial or natural disaster. It should be filled with items that will help them stay alive for the first 72-hours of a crisis, including firearms.

“A bug-out bag is a good idea depending on where you live even if the emergency is just power outages, earthquakes and hurricanes. And with your preparedness you will be equipped to help others who might be in need,” he wrote. “Be prepared. Especially because it keeps you from being scared.”

He provided a list of items and even a link to bug-out bags on Amazon.
Paul Bedard, The Washington Examiner's "Washington Secrets" columnist, can be contacted at pbedard@washingtonexaminer.com.

Stormfeather
12-28-2013, 05:39 AM
Wow, even wall street is wanting to get into prepping. . . look for prices to skyrocket now, LLC's to be built, shares in Zombieland to be bought/sold/traded, and everything prepper related to suddenly disappear from the market.

Possom
12-28-2013, 01:43 PM
It's not surprising that more people are starting to wake up and see the writing on the wall. Our country is in trouble. We are watching a slow death right in front of us.

Stormfeather
12-30-2013, 01:09 AM
I have to agree with you there Possom, its not looking very good at all, and when the spiral takes full effect and becomes non-reversable, thats when I think the full blown panic will start setting in.

Vodin
12-30-2013, 11:07 PM
Thomas Labs is increasing costs for all fish antibiotics by 10% or more on January 1st. We will try to keep our prices the same for as long as possible, but sometime in January when our current stock runs out prices for nearly all fish antibiotics will increase. Place your order now before prices go up.


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For most antibiotics (fish style but works)

helomech
12-31-2013, 12:28 AM
We have a bunch of them in our fridge, but thanks.

ElevenBravo
12-31-2013, 08:28 PM
Ive been listening to The Survival Podcast a bit lately, and its been real awakening. The financial melt down seams to be the MOST likely threat right now, but Jack delivered the information (across multiple podcast, that is..) that ties it all together: corporations, greet and political corruption all go hand in hand.

Im learning, maybe a day late and a dollar short, but I am learning.

Seams our country was destined for failure since the 1910 Jekyll Island cartel meeting. Since 1913, our country has been in distress, and getting worse each year.

IMHO, thats the tip of the iceburg... The NWO used to be a big tin foil hat thing, but look at this... the HazMat stuff has all changed to the U.N. standards. For WHAT? We dont EXPORT anything anymore! A sign of times, to come?

Anywho, the more things change, the more they stay the same... and its kinda skeery to think of what just might be around the bend! Militarization of police, income taxes, personal property taxes, and the list just gets longer and longer....

So... Lemme off the soapbox early before I am thought to be off my rocker...
EB

bacpacker
12-31-2013, 08:58 PM
Ive been listening to The Survival Podcast a bit lately, and its been real awakening. The financial melt down seams to be the MOST likely threat right now, but Jack delivered the information (across multiple podcast, that is..) that ties it all together: corporations, greet and political corruption all go hand in hand.

Im learning, maybe a day late and a dollar short, but I am learning.

Seams our country was destined for failure since the 1910 Jekyll Island cartel meeting. Since 1913, our country has been in distress, and getting worse each year.

IMHO, thats the tip of the iceburg... The NWO used to be a big tin foil hat thing, but look at this... the HazMat stuff has all changed to the U.N. standards. For WHAT? We dont EXPORT anything anymore! A sign of times, to come?

Anywho, the more things change, the more they stay the same... and its kinda skeery to think of what just might be around the bend! Militarization of police, income taxes, personal property taxes, and the list just gets longer and longer....

So... Lemme off the soapbox early before I am thought to be off my rocker...
EB

Ah hell, don't let being off your rocker stop you. It never has me!

The bit about Jekyell Island, that is what the book is about I mentioned in one of your threads to try and teach your daughter about money. From my readings, that was where the FED was put together by the big bankers of the time. Then the FED kicked off in 1913 and we lost complete control of our money supply. If you get a chance to read some info from Larry Bates, he goes in depth on all that and how it has affected our financial system since. I will try and find a link to some of his stuff.

You gotta take the tinfoil with a huge grain of salt. But since I have been keeping up with all this type stuff, since back in the 80's, it amazes me to this day how much stuff I listened to, thought was complete bullshit, and then a few years later, dang if it ain't the truth. Sometimes stories get out before the news. Don't disregard all you here just because it sounds far fetched, just develop a real good filter for picking out the important stuff when it comes thru.