Forum Replies Created
Thanks for the thread, folks.
Some selected replies:
- Both Gunsite and FrontSight graduate here (multiple courses)
- I’m a veteran of the early days of the Internet and the caliber wars and other epic arguments spanning 20+ years. Here’s my grizzled opinion — caliber doesn’t matter nearly as much as your training and ability to deliver rounds quickly, accurately, and at the right situation. The rest of the talk I chalk up to “hobby talk” and lose interest.
- That said, I have an identical situation in my household – Glock 21 & tactical light for me, Glock 17 & tactial light for her, also note that we both have electronic ears at the ready. This enhances our hearing during any scenario, automatically cuts off during any blasts, and immediately back to enhanced hearing. Significant tactical and psychological advantage against bad guys.
- Back to caliber, buckshot/birdshot/9mm/.45 APC, get what you can handle. Agree, a long gun in a house is far from ideal in most situations. Much better outdoors if you have some space in an outdoor confrontation. Over penetration is a massive concern, especially in non-rural settings, apartments, etc.
- Agree that mixing munitions sounds brilliant on paper and is not a good tactical decision in the real-world. When the rounds start flying, you will have little understanding what is happening, how many rounds went downrange, what’s going on, let alone what the next round is and how it’s meant to be used, etc.
- Another surprise for you perhaps, we use ball ammo. No concerns about stopping power for reasons already mentioned, it’s much more important to get 100% reliable feeding from magazine, in the breech, down the barrel, etc. than focusing on marginal increases of penetration under lab conditions. Only real worry for me, as already mentioned, is over-penetration.
- Finally, I’ve called 911 many many times over the years (I travel a lot and also have been a first responder for many years), getting someone over to you in X minutes is wishful thinking. Please don’t try this unless you have an actual emergency, if you do need to call 911 for a valid reason, pay attention to how long you’re on the line before emergency services even PICKS UP or how many times you get a BUSY signal. This has happened to me during a half dozen emergencies in urban settings. Do not assume that rural or “flyover” is going to be slower than an urban setting.
- I’ve been involved in various sorts of “security” practices for a very long time. The best defense is prevention. You do NOT want to get into a conflict. EVER. Even if you’re successful in a conflict, it’s not going to be a good day. If you’re unsuccessful, it’s going to be even worse. As also mentioned by Foobar above, do defense in layers. The most important? Don’t do stupid shit like funny stickers, “I don’t call 911, I call Smith & Wesson”, etc. Don’t advertise that you have goods that not only will attract the worst elements but will also tell them to be prepared appropriately for what/who they will find at your residence. Instead, show a “hard target” in more subtle ways that tells bad people that this is NOT an easy target and while I don’t know what’s inside, I much rather try that property over there instead. That is the best security you will ever buy for yourself in your life. This same philosophy and behavior has kept me out of many bad situations in some of toughest environments in this country over the years.
Hope some of that is useful,
I agree, that’s what the established areas in the forum are for, right? They look scantily used recently. I would encourage folks to go to their respective areas and drop an intro and hello to see if we can do this.
I’ve already done this in my areas. Good suggestion/reminder.
The above website doesn’t land anymore, that’s a shame. Is everyone gone or anyone still around and part of this community?
Hi Coop, is this still active? Which specific area of the gold country does your group cover? What is the link to the FoCuS website?
I’m in the Sonora/Motherlode area, do you cover that in your group?
Hi David, I’ve focused on doing mostly online stuff and sticking with the “friendlies” that provide all of the good education around this topic, like Chris, Mike Maloney, Peter Schiff, and the like.
I also use the Hard Assets Alliance, which I recommend as they have a very good system.
Did you end up working with PPM?
Thanks for posting this. It’s so easy with the focus on numbers, the bigger global story, and our own personal fears to lose sight of the actual suffering this is causing.
It’s very sad and scary for people to be in these situations and that’s the horror of the numbers is there is so much fear, pain, misery, and hopelessness right now in the hardest hit areas.
A really challenging time and everyone affected deserves to be in our thoughts and hopefully the right things are done by everyone everywhere in their areas and places of influence to limit the damage done by this event.giulist wrote:
I would appreciate any feedback from folks here as to their recommendations for saving for a down payment.
As I’m sure most folks here understand, I’m not particularly comfortable with that arraingement. Given the threat of inflation, I am concerned about losing considerable buying power over the course of the next 2 to 3 years.
So my question is, “Where should I store this money while I accumulate enough to make a 20% down payment?”.
Buy gold? Foreign Currency? Leave it in savings?
Obviously, I don’t want to lose money, so my concern is the volitility of gold, etc. I realize gold is likely a very good play in the long-run, I’m just wondering if it would be recommended for the shorter time frame (2-3 years). This would have to take into consideration re-sale, liquidity, taxes, etc.
Things to consider:
- No one has a crystal ball, so the best we can do to is look at signs and make good estimates and that needs to be part of your decision-making and not just as a caveat. In other words, stay educated, keep your eyes/ears open and be nimble
- The 2-3 year time horizon looks to be perhaps the most interesting, in terms of the changes and potential crisis/collapse situation that some envision. Given that…
- You need to be prepared for the possibility of both strong deflationary and inflationary forces at play. In both situations, arguably, precious metals will be wise to be invested in with at least 25-50% of your portfolio depending on your personal beliefs and aggressiveness.
- Some percentage, say 10-25% should also be liquid and somewhat safe in terms of cash or US t-bills. Yes, both are scarier to hold today than in the past in terms of inflation and general dollar-denominated worries, but I believe in hedging your bets to be safe.
- We don’t know how much cash you’re talking about and you don’t need to share, necessarily, but the remainder could be in some sort of secured investment or personal/business loan to generate a decent interest rate (~5-12%). If you have enough cash and the right partners, you can get into “hard money” lending, it need not be “risky” at all relatively speaking due to it being well secured and you can be pretty comfortable you will not only get all of your money back, but the timeline is stable/pre-determined as well as the relatively high and guaranteed rate of return.
- Finally, a wildcard, you can also look at return on your investment in terms of those things you can do in your life or to your condo to save money. Whether we’re talking about solar panels, greater efficiency appliances, more efficient automobile, etc., these all will likely give you a guaranteed rate of return in terms of reduced cost (gas, electricity, etc.) and they will also perhaps add to the price you sell your condo for later. Some of this is guaranteed in terms of cost savings and maybe even have more upside if say gas or electricity prices go up, but of course, there’s the downside as well in terms of the upgrades to your condo not teasing out a 100% return on your investment. Again, these are worthwhile to look at in terms of hedging your bets.
- If there’s a crisis/collapse scenario, then your precious metals investment is relaly more about wealth preservation. Because that asset class may be the strongest one standing, there is the possibility that it will act as an investment versus merely just preserving your wealth, because you can trade your preserved wealth for perhaps a depressed asset class — like that real estate you have in mind. Again, that differential is not guaranteed and given the circumstances of what you have your eye on in terms of housing, it may be a wash.
- Absent a crisis/collapse scenario and the precious metals continue to climb for all of the reasons they have been climbing for the past 11 years, you could “invest” in them in such a time period. Just realize that you will have a 28% gains tax via the IRS. So, you have somewhat of a gamble there in terms of where you purchase, where you sell, the dealer spread/buy price and the taxes for the government. I would keep this in mind if you were considering going “double-down” on this asset class, especially in a non-crisis/collapse 2-3 year scenario.
I hope that all makes sense and, if not, let me know if you have questions. I’m no expert and this represents my studies currently. Good luck!