What will happen to our money in the BANKS if there is a solar Flare, Power, computers,cars,water.medical,food?
by admin on Thursday, February 3rd, 2011 | 2 Comments
What will be used to get any thing,Who and why is all the gold being bought from sociaty
A solar flare like that could result in the destruction of society. The EMF blast will fry circuitry in satellites, radar and antenna installations, and knock out the electric grid. So there will be no electricity (No AC, no elevators, no land line phones, no TV or radio). Satellites & Internet will be out, so all cell phone traffic will stop, GPS will stop, and any aircraft will have to fly blind with no radar or air traffic control help.
There will be no power to run AC in grocery stores, so no frozen or cold food will be available.
Since electric will be out, it won’t take criminals long to figure out there is no way to call the cops, or anyone else, for help. Civil unrest, crime waves, and riots.
It is a real problem, which will happen. Like an earthquake, its only a matter of time.
Perhaps some of the money we are spending on Carbon Dioxide research could be put to use on this real life problem with catastrophic consequences?
Gold is going up b\c are gov are printing more money, so inflation is coming. No one knows who controls the gold market, or if it is being controlled. But gold has been used a money for thousands of years, so its a good get it will be in the future too.
First there would have to be a solar flare of such enormous proportions that the banks would be the least of our worries. But if this situation did occur all financial institutions have backup facilities that contain all the the information needed to get back up and running in a short time, that are protected for such cases. The satellites would be basically rendered useless by the flare, but with the optic cables that are strewn all across the oceans this would be fixed quickly. But back to your question cash and commodities would rule commerce rather than credit.
Gold is a commodity that is thought to be an inflation protected item that tends to be purchased more during downturns in economies. It is considered a “safe” investment by the public because it is a tangible item. Meaning that if you buy an ounce of gold you can actually get the gold that you bought not just be entitled to the rights.