Quoted: I would assume precious metals held value when their currency did not. They would then trae their silver or gold for the currencys current value after the dust settled. Its not rocket science although many make it out to be. Its funny the more educated some folks are the more challenged they become with simplistic thought.
If it helps illustrate, my wife bought mi son a silver eagle for him yesterday, 170 Argentine pesos. He’s 8. We explained him that at this rate he would be buying a single piece of candy with 100 pesos soon. And its not the first time this has happened here. I remember paying for sandwiches with 10.000 buck bills (Plan Austral). In fact, I’ll be doing a youtube video soon about something funny regarding hyper inflation. Ah, guess you had to be there.
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No offense, but this is class envy/warfare BS. Lots of "rich folks" have seen hard times. And just how many "poor" hood rats take the initiative to be self sufficient? Yeah, not many.
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Completely agree with you. The idea that rich people are useless idiots while poor ones are all masters of survival isn’t exactly accurate. I tend to find more things to learn from people that are actually successful than the other way around. If you managed to make a honest living and succeed financially without screwing others I sure respect that.
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I would measure anything FerFAL says against reality very closely and judge for myself what he says.
I do not think he is what he says he is.
In all the years I've surfed ARFCOM, this is the first I have ever heard relating to FerFal, his postings, and his experiences.
Perhaps you could expand on why you think this - examples and references would be helpful. His name carries considerable weight in the survival subforums.
Then you need to pay more attention. Yes there is a large group of sycophants who will swallow everything he has to say because there's no easy way to corroborate his story...
But if you do a little digging, his story changes.
Others can fill the story in better than I. I just did a cursory search in my IMs and email and
couldn't find the info I have been sent.
Basically: What he says often makes sense... But bear this in mind:
he is trying to come off (and profit) as an authority on a subject he may or may not have even been present for.
I simply urge caution with anyone hitching their wagon to the Ferfal train. This subject (survival) is
far too important for you or anyone else to become a follower of a guy who is only doing this for the fame. "Because Ferfal said it" is not going to cut it.
So I have to read 10 years of blogs, a book, and search all of ARFCOM for your posts to figure out if the guy has contradicted himself?
I read his initial "surviving the collapse" blog years ago - but admittedly I haven't kept current on his statements, nor do I have a T-shirt with his name on it. I'm not a FF Fanboy, but I am surprised to see your comments (and if there were true contradictions, why was it not a bigger deal?) I am also wondering if you are basing all of this off of your own personal interpretations or on "info" someone else IM'd you?
Are your complaints primarily over the possibility of him being a liar (ie he wasn't there) or do you feel he is giving bad (dangerous) advice?
I am surprised that trolls get outed, verbally abused and banned for practical jokes, faking their own on-line deaths and posting pictures of bikini-babes in GD... but - as you claim - potential liars selling fake stories and perpetuating dubious information under false pretenses getting a free pass seems odd.
But making such claims, and then telling me to go figure it out for myself because it's too much trouble to repost... seems odd too.
Anyway, I suppose I'm relatively impartial either way: you're potentially slandering FerFal by providing no proof (much less cliff notes on what to look for); but I also understand that he wouldn't be the first guy on the internet to lie for fame or fortune if what you say is accurate.
Nonetheless, I appreciate your caution.
ETA: if you decide to respond to me in detail, or to be more specific in your claims, perhaps you could make a stand-alone thread in the SV for discussion? I'm assuming your previous SV-discussions were embedded in other threads and probably not easily found via the search function?
It is however, a very nice way to throw crap at someone he doesn’t even know without even explaining why. Not that I would care, I don’t know who this guy is.
I’ve been participating in forums for too long and I’m too old to bother with each "gentleman" that has an ax to grind. If I replied to every nutcase online that has issues I’d never get anything done (been there, wasted enough time, wont do it again) , and I prefer to spend my time doing something productive, like writing something I know people would appreciate.
If you think I’m full of it, that I lie, that Glocks suck or whatever I wrote that offended you, then call 911 and say “FerFAL is lying on the internet!!! I want him arrested right now!!”
Last time I was in Texas, May 2010, I met with each and every person that was close enough. In fact, I waited with a fellow Arfcomer in Collage Station to meet with other guys. Not one showed up but we had a couple beers and played arcade Buck hunting for a while.
Anyone that thinks I’m a 40 year old living in my moms basement can check with Halffast, I had the pleasure of meeting him face to face, and Hunter223 actually lives here too in Argentina. He’s a moderator here and we talked for a while over the phone. (If you’re reading this man, I have some spare time later this week so we can go grab a bite or something, even better come to TEA this Friday, its getting much better lately. Even found a couple, “like minded individuals”…
)
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Is the role of precious metals discussed at all? Were they held as value? How did people fare who held precious metals? Better than others that had none?
I would assume precious metals held value when their currency did not. They would then trae their silver or gold for the currencys current value after the dust settled. Its not rocket science although many make it out to be. Its funny the more educated some folks are the more challenged they become with simplistic thought.
Precious metal has no value if there is no fiat money to buy it.
Then how do you explain thousands of years of gold and silver being used as currency and form of wealth before fiat currency even existed??
The richest people in the world are currently buying entire gold and silver mines, and they are not exactly known for their financial stupidity.
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I just came back from a week in Argentina. It's kind of a fucked up place. Anywhere you can expect to see horses on the freeways of major cities is kind of a fucked up place.
All you need to know about it can be summed up by spending about 10 minutes outside one of the Medico Publico buildings. It should be required of every United States legislator.
Their middle class standards of living are what we as American's would expect when we are 21-22 years old and venturing out on our own for the first time with little resources. They got some fine women, though.
Ah… our most valuable “asset” ...
Meeting with a couple guys visiting Argentina on Tuesday. Listen, anyone heading this way feel free to send me an email, we’ll go get beer, coffee, whatever.
FerFAL