General > General Technical Chat
If the shit hit the fan, what would be in your bug out bag?
CatalinaWOW:
--- Quote from: TerraHertz on July 25, 2016, 01:26:27 pm ---
All sad but true. It's astonishing to see videos of a guy trying to sell a genuine 1oz gold coin for $20 to passers-by in a US city, and have no takers.
--- End quote ---
I don't know how it is in your country, but in the US every weekend the papers have various outfits selling "gold" coins which are actually copper or nickel with a gold wash. The advert has nearly a full page extolling the value of gold currency, the historical record on gold prices, the collector market for gold coins, the uncirculated nature of these gems and so on. The fact that there is under 100 micrograms of gold in these coins is in fine print obscurely inserted in the artwork. Or is even posted as a headline saying that each coin is certified to contain greater than 50 micrograms of genuine gold, counting on much of the population being unable to relate to a quantity like a microgram. The cable television channels are full of the same thing.
So I would likely walk right by someone selling a gold coin for $20. At that price it is so likely to be a scam that there really isn't any point in stopping to check. Probably how most of the other folks who passed it up felt.
apis:
--- Quote from: EEVblog on July 25, 2016, 11:58:18 am ---
--- Quote from: apis on July 20, 2016, 04:32:49 pm ---I suspect people who have never hiked in their life will not get very far if they have to suddenly pack a bag and walk several miles during a disaster. So stay fit and go hiking is probably the first thing anyone who want to prepare for situations like that should do.
--- End quote ---
Several miles isn't going to do you much good in a large scale city-wide crisis.
If people had to get out of the Sydney basin for example, it's a 50km radius.
Cars would be useless because the few roads out would get choked. A push bike or motor bike is probably the best solution.
--- End quote ---
You are right, I'm used to think in terms of Swedish miles which are 10 km, so I should have said several tens of miles. (The small town I live in doesn't have a 50km (!) radius though). Bikes sounds like a very good alternative. If you have a motor bike for each family member that would be ideal, otherwise push bikes. Assuming the roads are a viable alternative.
What to bring and how to get out would depend a lot on where you live and what type of disaster has struck though. Evacuating a large city during a flood (like after Katrina) is a whole different set of problems compared to evacuating a town in Sweden after an earthquake in winter for example. But in most scenarios you can probably get around on a bike.
TerraHertz:
--- Quote from: EEVblog on July 25, 2016, 01:57:36 pm ---Actually AFAIK there is no "confiscation" provision as such. They can impose all sorts of limits on the sale and transfer of gold though.
And even if it "confiscated", they have to give you the going currency rate for it.
--- End quote ---
You really should read the actual legislation I linked. The relevant section is not very long, and clear enough.
Yes they can confiscate, and no they wouldn't be paying you anything for it.
Edit: Speaking of SHTF writers like Orlov, here's another I like: http://www.woodpilereport.com/html/index-436.htm
SkyMaster:
--- Quote from: EEVblog on July 25, 2016, 11:58:18 am ---
--- Quote from: apis on July 20, 2016, 04:32:49 pm ---I suspect people who have never hiked in their life will not get very far if they have to suddenly pack a bag and walk several miles during a disaster. So stay fit and go hiking is probably the first thing anyone who want to prepare for situations like that should do.
--- End quote ---
Several miles isn't going to do you much good in a large scale city-wide crisis.
If people had to get out of the Sydney basin for example, it's a 50km radius.
Cars would be useless because the few roads out would get choked. A push bike or motor bike is probably the best solution.
--- End quote ---
A gyrocopter would work well
;)
VulcanBB18:
--- Quote from: TerraHertz on July 26, 2016, 05:46:00 am ---
--- Quote from: EEVblog on July 25, 2016, 01:57:36 pm ---Actually AFAIK there is no "confiscation" provision as such. They can impose all sorts of limits on the sale and transfer of gold though.
And even if it "confiscated", they have to give you the going currency rate for it.
--- End quote ---
You really should read the actual legislation I linked. The relevant section is not very long, and clear enough.
Yes they can confiscate, and no they wouldn't be paying you anything for it.
Edit: Speaking of SHTF writers like Orlov, here's another I like: http://www.woodpilereport.com/html/index-436.htm
--- End quote ---
Okay this piqued my interest, so I read the relevant section.
So you are right - they can take any gold you hold, *if* the governor-general makes a proclamation "...for the protection of the currency or of the public credit of the Commonwealth...". They would have to be some really serious sh!t going down for that to occur, I don't recall any governor-general making even any similar proclamations for anything.
However, they *do* have to pay for you for it. It says in section 43 "...and the Reserve Bank shall pay for the gold, to the person delivering the gold,..." followed up by section 43 making sure they don't pay you 1c/gram :
"The amount to be paid for any gold delivered in pursuance of section 42 shall be an amount determined in accordance with such price as is fixed and published by the Reserve Bank or, at the option of the person delivering the gold, such amount as is determined in an action for compensation against the Reserve Bank."
So even if they do try the 1c thing, you can determine some sort of other compensation.
Didn't know about any of this, quite interesting.
cheers,
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