War Will Trigger Panic; Higher Prices

August 28, 2013, by Ken Jorgustin

war-means-higher-prices

As of this moment, it seems a 100% certainty that there will be war soon; and with this war will come much, much higher commodity prices and possible economic calamity…


 
It sounds like America is desperate to have a war. It sounds like they want it. So food, energy, oil, gold, and other commodities… it’s all going up, especially when the first missiles fly.

Jim Rogers (astute investor) recently said,

“Stocks are gonna go down…commodities are gonna go up…throughout history whenever you had war, things like food prices have gone up a lot, energy prices have gone up a lot, copper price, lead prices: you know, all of these things go up a lot whenever there’s been a war in the past.”

“…this is the first time in recorded history that all major central banks have been flooding the market with artificial money printing at the same time. They’ve all been trying to debase their currencies at the same time…when this artificial sea of liquidity ends we’re gonna see panic.”

This has never happened in recorded history. When this ends its gonna be a huge mess.

-quotes sourced from ZeroHedge

Obama has backed himself into a corner with Syria/Russia. And with his national media press corps beating the war drums, he may soon make the biggest blunder of his political career… if it backfires… and it might cost us all dearly.

When the US missiles start to fly, and while we hope that there will be no retaliation/escalation, the likelihood is that by kicking the hornets nest – the bees will sting.

What this will mean for you and I, away from the fight, is much higher prices.

As of this post, crude oil is already up to $115 a barrel and will probably spike MUCH higher during the war. The price of oil has a HUGE impact on ALL products, not just gasoline. When prices rise across the board in this false and broken economy, stocks will fall, and they may fall hard.

My gut tells me that we’re heading for major economic calamity which will pale in comparison to what has happened since the 2008 meltdown, and this war may be the trigger.

 
What can we do about it?

We can’t do anything about the big picture; it’s too late for that. What will happen, is going to happen.

But we CAN remain informed and aware of the situation. We CAN be better prepared.

Situational awareness is not just of your immediate surroundings, it applies to world events too. Stay aware. Don’t get ALL of your news from the main-stream. Diversify your input… that way you will get closer to the truth.

Know this… when you have two superpowers on the brink of direct or indirect war, you better take notice. This is not a game. It’s real life, and lives will be lost. If war does result, your life will be affected one way or another.

 
Knowing this current risk, what specifically can we do to prepare?

The thing is, being thousands of miles away from where the situation will become ‘hot’, we can prepare by reasoning out the possible outcomes… from mild repercussions to all out disaster, or somewhere in between.

For most of us, unless nukes start to fly (unlikely – I hope), it will be about higher prices, and the possibility of triggering some sort of economic collapse.

Preparing for higher prices is simply a matter of buying the things you NEED before prices go higher, or adapting other alternatives.

Preparing for economic collapse is a much more serious matter, in that a worst case scenario will turn into SHTF, while there may be other more moderate versions thereof. Preparing for this requires a-lot of thought, preparation, self-reliant skills, a lifestyle change (if needed) to one of more self-sufficiency and self-providing, owing no one, and a reasonably safe location… for starters.

In any event, while ‘hoping’ isn’t productive, lets stay informed of this unfolding crisis and be ready the best that we can.