Quote from EMRGLOBAL:
We are gunned and ammoed up on my street
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Just back from a great 5 days at a friends West Texas Ranch.
500 acres. deer blinds (I don't hunt), deer feeders, wild hogs, Cows, 4 wheelers and my Boxers running after Deer.
Oh yea, not to mention every day for hours we would shoot our 9mms, Ar 15s, shot guns at clay pigeons. As I ran around the ranch, to the highest point in the area.....and looked out over all the other Ranch Lands, Water Ways et all.... I realized one thing, An't shit gona happen in Texas.
That's right folks. My friends Family is Half from New Orleans and the other Half from Houston. City People. Mostly all live in Houston now with a few in Austin and San Antonio. Their Kids at A&M, UT, Baylor,LSU all came up to shoot and hunt. I, being from NYC and spending a good 10 years in Chicago realize that the country can riot all they want. However, that shit will not last long in Texas.
let the stock market crash and the Euro Break up. Once again, such shit will not effect Texas much at all. Everyone that I met on the ranch, worth their fair share, own very little stock. XOM is about the main stock we talk about. A few own MCD and CAT. But over all, non pay attention to the stock market. They all own hard assets. Oil wells, Land, etc. They do not pay attention to the ramblings of fools on CNBC.
We had three generations at the Ranch, all said the same thing. You want to build wealth, you buy one Hard Asset at a time and be blessed to have oil on your land doesn't hurt either.
Most of my friends parents are Lawyers. But come from Oil. They bought 100s of acres of ranch land decades ago. And just added on every time they could. Many have had Oil in their Family for generations.
One thing I learned, being a proud oil man myself as I invested in a profitable well three years ago, earning 2% NRI each month, yielding me a nice cash flow for 50 years to come, while the Fear of Rioting, Looting and collapse of many Urban Areas may be something to pay attention to.....If you live in a state that has the right to bear arms, that has ranch land, that has residents who will fight for their freedoms, ...there is nothing to worry about.