Yep, this may be one way to avoid ”The Great Taking” that is coming our way, sooner than we may realize. I am now out of commodities, stocks and bonds, in fact, anything that has a counter-party risk involved. If I cannot hold it in my hand or have self-custody, I don’t own it, any more. I only have enough money in the banks to be able to pay my monthly bills, and that is it. Have I said before, I am a paranoid? Yes, I think I have.

I don’t think that there will be a huge impact on real companies, only companies that exist only by the fact that they have their mouth on the government teat or nose in the government trough. All the other companies, I think, will do fine, even the ones doing defense work (although, if the defense bill is cut 50% things might be tough).