Make Money IN DEPRESSION what do you recommend here !

what do you recommend to make money here proven to make money in a depression
this will be important for everyone
we’ve got depression coming so lets have your thoughts

For a small investment you can get youself a can. When you need money just hold out the can. the economy will change so much that, that question is not easily answered. A fitting quote that comes to mind is,

A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.

You have to get away from being a one trick pony and be able to sustain yourself and your family through skill and preperation. I live in semi wilderness so it's a little easier. If your in the city it may be quite a challenge. Concentrate on helping your neighbour.

Convert all cash assets and stocks to gold. Wait for your currency to be devalued or to drop in value to what appears to be the basement of the downward trend. Convert gold to cash, and buy up the world.

reply to post by lasthope



If or when the country goes into an economic collapse or depression. More than likely the Dollar will be worthless anyway.

buy sugar and salt, especially refined sugar, even though it will give you stomach cancer, it will fetch a high price.

also what time we have before a depression what things should an individual get in to start to make extra money
your thoughts

There are a lot of ways to make extra money, not a lot that i know of are allowed to be discussed here, but if you really feel you need something you will get, no matter what it takes.

I know gold will increase a great teal so what ideas do all of you have to make extra money now to buy gold ! ?

I know gold will increase a great teal so what ideas do all of you have to make extra money now to buy gold ! ?

reply to post by lasthope


In the last depression you had to cash your gold in for dollars or face fines and prison.

Originally posted by tom goose
buy sugar and salt, especially refined sugar, even though it will give you stomach cancer, it will fetch a high price.

And might I also suggest, lots of ammunition & guns, because if a real depression
happens, and people are hungry, this time around it will be chaos and anarchy.

Protecting your stuff from the marauding hoards will take precedent over profiting from the depression. Especially if you live in the US. Remember
Katrina? Magnify that 10x for an idea of what a real depression will look like.

It's a brave new world, welcome to the monkey house.

IMO the only industries that are truly recession-proof are traditional organized crime activities. These vices include gambling, drugs/alcohol, prostitution/pornography.

Maybe you could sell Mary Kay cosmetics? There will be a lot of dirty, frumpy, feeling unpretty housewives during the upcoming Depression.

What better to make them feel better than a facial wash and some new lipsticl or gloss!

reply to post by lasthope


One answer, work for a defense contractor. All of our tax money is being tied up in their stocks right now. So go where the money is.

-Kdial1



[edit on 28-6-2008 by kdial1]

In all seriousness...

Look at your current skills. Do you have abilities that could be sold or bartered? Maybe you are very good at fixing cars, or sewing, or setting up electrical systems.

Also consider what you do now as leisure time hobbies, to be potential skills to develop in case you need to barter those skills someday. You may like fishing....so study AND PRACTICE how to fish for survival, with limited equipment, etc. You might like to tinker with electronics...well get a good book or talk to a friend, and learn more advanced electronics repair skills. You never know when a simple hobby could make the difference between life and death, or between starving and eating!

I plan to sell solar baked bread. Solar oven are easy to build and you can get the materials for free.

Also I plan to sell my excess veggies from my garden.

And living far from the city I don't have to worry about anyone stealing my crop.

You might invest in a bike now. GoodWill sells cheap bikes. And a bike will run when gas is 5 dollars a gallon.

I also own a rife machine so I plan to capitolize on that.

DRUGS:
Horde and/or grow tobacco. Roll Cigs. Also Grow Marijuana. Probably easier than tobacco and doesnt require all the equipment that booze making does. Now that I think of it, I bet we could look forward to a Marijuana renaissance in the coming hard times. Learn to distill moonshine and brew beer (THIS IS THE REAL MONEY MAKER) when the stuff hits the fan we are ALL going to want a drink.

SKILLS:
Hunting, leatherwork/tanning, shoe repair, automotive, mechanical repair skills, cooking, animal husbandry, farming. All these things will become priceless when the stores close.

BARTER:
Horde whatever you can. Stuff that lasts. Canned goods, matches, lighters, knifes, ammo, medicines, herbs, medical supplies, clothing.
When money is worthless.... we will trade.

GOLD?
NO! Whats the point in having a bar of gold in SIT-X? Most people can do nothing with it! You cant eat it, drink it, wear it. Its heavy and will slow you down in quantity. True, gold will be not worthless, but it will be USELESS.... at least paper money you can burn to start a fire. That makes me think of another thing to horde.... pen and paper cause all the computers are dead and were back to writing with our hands!
Gold is a smart investment because it will rise in price while our money fails. But when the establishments disintegrate and we are roaming the wastes like Mad Max; gold is a paper-weight.


SEX (Last but not least):
Get yourself a fine harem of ladies to "work" for you and you will never be a poor man. More than booze, or drugs, SEX will always have a price and a buyer.

Invest in the manufacure of simple tools.

When the inevitable government 'Make-work' projects happen, there will be a need for picks and shovels.

You could always join the ARMY. LOL but for real you ever get the feeling that if this does happen it’s ether join the military or starve deal? I mean I know it is far fetched to think Bush would throw the us economy in the dumpster just to bolster the military.

You could always go to work for your self doing odd jobs and what not.

alcohol , elicit drugs and sex . all three are recession and depression proof .