Re: Is Gavin "The Financial Crisis Is Over" Andresen correct, compromised, or crazy?
1. The California drought has nothing to do with ManBearPig. Please learn the difference between weather and climate. And google "Climategate" (hint: the models represent nothing more than the anti-scientific corruption of academia by government grants).
I do believe that anti-science anti climate change movements have had much more funding from oil companies than anyone got from the government. Do you realize how small budgets scientist operate on and how underfunded they and NASA are?If they were in it for the money and corruption they would get more in almost any other job.
That is exactly why oil companies can so easily lobby against common sense in the first place.
When every month is a new heat record it is not just weather.
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2. Peak oil is bunk because of the substitution effect. You are obviously too poorly read to know Simon won the bet with Ehrlich.
Substitution only happens if there IS a substitute.International shipping and planes are not going to run on batteries with our current level of technology nor the next decades level of technology.
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3. The "economic trouble" stems not from limited resources but rather from central planning/banking and the malinvestment (resource mal-allocation) created thereby. TBTF banks are emblematic of this, which is why the Genesis Text pointedly refers to their second round of bailouts, with a heavy implication of the entailed systemic risk the created by prevention/delay of creative destruction. That was actually a good question, BTW. 
These problems affect mainly governments and fiat holders. If you are a sensible person dealing with sensible companies and you don't hold all your wealth at a bank as a pension or fiat you should be pretty okay.Quote
It is a certainty silver will be useful in an emergency involving a lack of potable water and antiseptics. You do at least know why that is, I hope.
The anti septic properties of silver hardly justifies hording all that much of it.You can get the same effect with 2 drops of bleach or you know boiling stuff.
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In an emergency, silver may or may not be accepted as a medium of exchange. It Depends®. Please don't pretend you know the future, when your superficial knowledge/understanding of the past and present is at a Basic Bitch level of paltry.
History shows that people value food, medicine and cigarettes in emergencies.Quote
As for inflation hedges, note gold, silver, and Bitcoin (ie hard liquid assets) all rise together on days when the fiat trash bleeds red.
Except silver and gold don't rise, they just don't fall. You can never earn long time holding gold or silver.Bitcoin and property can rise and are just as hard.
For gold or silver to shine you would need an emergency bad enough to knock out the internet+Bitcoin+fiat, but not so bad that only food mattered - a very theoretical scenario honestly.