Top Wall Street Advisor Says Real Unemployment at 37%: Advises Clients to Stock up on Guns & Ammo

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January 21, 2014 Posted by:

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David John Marotta, a Wall Street expert and Forbes contributor, is warning his clients to start stocking up on Guns and Ammo in preparation for a total economic collapse. He warned investors that the real unemployment rate is 37.2%, not the 6.7% the government is claiming.

Marotta says the government numbers are a complete fraud, and says every American should be ready for some very troubling economic times.

He told investors late last year, “The growing debt and deficit spending is a tax on those holding dollars. The devaluation in the U.S. dollar risks the dollar’s status as the reserve currency of the world. Obamacare was the worst legislation in the past 75 years. Socialism is on the rise and the NSA really is abrogating vast portions of the Constitution.”

He went on to say that everyone should start stocking up on guns and ammo, and should be prepared to survive a possible financial disaster. With a record 20% of all U.S. households receiving food stamps in 2013, it’s pretty hard to deny the fact that this country is in some major financial trouble.

Chart Showing 20% of country on Food Stamps

Are you prepared to survive an economic collapse?

While some of his advice is a little simplistic, such as having a bug out bag to survive the first 72-hours of the crisis, I do applaud him for at least trying to warn his clients. In my opinion, being prepared to survive 72 hours does very little to prepare someone for a large-scale economic disaster; if you’re not prepared to survive for at least a couple of months, then you’re probably not going to make it through any type of economic collapse situation.

To be truly prepared for an economic emergency, I think you must have at least 3-6 months’ worth of food, water, and emergency supplies on hand – and even that might be on the conservative side. For those who are still on the fence, keep in mind that even if the economy doesn’t completely collapse, having a 3-6 month emergency fund can help insulate you from smaller scale economic troubles like a job loss or medical emergency.

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Responses to " Top Wall Street Advisor Says Real Unemployment at 37%: Advises Clients to Stock up on Guns & Ammo " Please share your thoughts...

  1. Ghost Prime says:

    What? You mean that Ovomit lied to us about the unemployment rate? I’m shocked.

    NOT!

  2. Thankfully says:

    Thankfully the T.V. Preppers show gave us a pretty good idea on where to get back up supplies when were out. I guess OPSEC was left out of the plan

  3. Persister says:

    Anyone who is TRULY informed will know that the unemployment rate is somewhere between 27% and 37%. It is certainly not near the 10% range. This is the age of “secret” government assistance. We don’t have “soup lines” as the world did during the 1929 Depression. So the general public won’t SEE the people who are hurting. Now, in the 2008 Depression, which has only deepened and lasted to 2014, people have government debit cards. They can buy whatever they want with those cards. And they have Welfare.

    How does this Fascist/Marxist government pay for it? They cut important services, which hurts the people, while they print trillions of dollars to help powerful, Zionist corporations and banks.

    Inflation has been high. Ask those of us who receive Social Security retirement checks. We paid for this retirement out of our pay checks for many years, but the government stole it when they moved it from the necessarily separate savings account into the General Fund. What about increases in our Social Security that keep up with the rate of inflation? That isn’t happening. An increase of less than 2% isn’t going to help us much!

    When the crash comes, those of us who have been squeaking by on small incomes, and have not had extra money to prepare, will suffer greatly.

    • Atticus says:

      Sorry Adolf, you lost me at “Zionist”

      If we stand together we’ll win, if we start calling names WE ALL LOSE

      • Andy says:

        You hit the nail on the head. We have to stand together. The government relies on the divide and conquer game. Once people start pointing fingers and assigning the blame on different religions, we don’t stand a chance.

  4. Marc says:

    I suppose YOU have data to back that claim up? 37% is nearly half the population that would mean out of every three people you know one wouldn’t have a job. Get your head out of your asses and stop falling for the propaganda. Oh never mind run out and buy buy buy those supplies I will be sure to invest in the companies that produce those items so i can make a lot of money off of you. Maybe i will make a couple end of the world items and sell them online. HINT HINT HINT…….this story has been ongoing since 2009 unemployment numbers is around 6.7% and falling which would be the more realistic figure of 1 in 10 or so people a far more realistic number. Can’t help it if you live in BFE that you don’t have a job. For that area you may have 33% unemployment because you live in a place where there was never an economic prosperity to being with until the dam housing boom. Have fun with that.

    • Ever Vigilant says:

      Persister is close with his #’s It’s more like 25-30%
      all day long. All you need to be able to do is simple math….!

      • old soldier says:

        I can see you haven’t been to a food pantry lately. If you had, and I’ve HAD to, you would see the numbers of people going there have increased in the last year. Some pantries run out of food all together. On top of that, it gets ugly at those pantries. If the volunteers at the pantry can’t give the the people going there the amounts they want there is alot of arguing (like this morning when my brother went to one). Besides that, people become belligerent if they perceive you cut in line. Two yrs ago at a church nearby, there was even fighting at the pantry. This is hard data, not something out of a report or on tv. You gotta experience it to see the reality. But, with that said, you gotta deal with the environment…if you want the food bad enough. been there and done that!!!

  5. Fred says:

    The lame stream media reports that 98 million people are out of work. Most of that number gave up looking long ago. That’s about 33% of the US population. When the benefits run out, that individual DOS out of the system. 6.7 % is project those silk collecting. Also consider about 50 million on good stamps.

    • Persister says:

      It certainly IS sad. Our criminal government in Washington D.C. has control of all large media. They use these outlets for their propaganda … like other tyrannical governments do.

      It is my hope that more people will begin to see the truth. When they do, and when they stop voting, maybe we will begin to send the message that we won’t cooperate with criminals.

      • Redstarbear says:

        Stop voting yeeeaaah that’s the solution. Voting is all we got left.

  6. tom says:

    who knows the real# all you can do is be prepared

    • Bob says:

      What most people are failing to recognize, is the Bible, yes the Bible has forewarned us all about the times for which we are living. We are certainly living in the “Last Days,” and I gaurantee you, it’s only going to get a LOT worse! It’s not like a light switch that goes from on to off. It is gradual, and the world is being prepared and conditioned for the Antichrist! I know, some will call me a religious fanatic, yes, praise the Lord I am! But, if our government is currently involved in such things as spying on it’s citizens, supplying armored vehicles to local police depts. for “civil unrest,” preparing detention centers, buying 1.6 billion rounds in ammo, arming drones for domestic use, AND has ordered and received 30,000 guillotines, (Rev. 20:4),they are getting ready for something big! I KNOW, sounds crazy until you realize and accept the fact that these ARE indeed the “END TIMES!” So, the big question is, are YOU ready for what’s coming? Not for the for mentioned, but are you ready for the Rapture? I hope so, because if you’re not, get ready to experience things that are NOW —- inconceivable! Things like; Rev. 13:16-17.

      • David says:

        Amen Brother

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