Cash is only useful for a short time. You can't eat money. When the shit hits the fan, unless your house is fort knox, get out & flee to a safer community. There's safety in numbers.
https://www.asgmag.com/prepping/food-prepping/preparation/survival-food-stock/
https://www.prepperssurvive.com/prepper-library/
https://www.kmbc.com/article/preppers-stock-up-on-food-survival-supplies/8299277
Don't forget to stock up on non gmo plant seeds, for long term survival.
https://www.gardeningchannel.com/survival-seed-vaults-our-top-3-picks/
Gold and Silver will retain value during an economic collapse as they are still used in industry, for example water filtration and elections.
What's funny is this is how it's always worked, yet few seem to realize the impeding "crash" will be a result of multiple waves of resets. Meaning, the USD will be cut in half overnight. If this is the case, we can all be assured that once the reset begins, the FED will be exposed and reorganized, leading to a correction of the backing of our economy, which will eventually be gold (and likely silver too in a bimetal standard). Credit will suffer one of the first big hits and most debt will be forgiven (namely student loan debt).
What most tend to miss is that once our currency is finally backed by something, which will be precious metals, the price of these metals needs to be adjusted to account for all of the wealth our country has and owes. This means that if gold becomes the medium used to back our currency, it must match the price of all debt our country has accrued along with the leftover aspects of our economy. For instance, if the estimates of 8,000 tonnes is correct and it's true that we have at least $26 Trillion in debt, we could see the price of gold skyrocket in a very short time.
Of course, these numbers could be obscured heavily and on purpose. I've seen estimates of $200 Trillion in debt, $50 Trillion, etc. 26 seems like a low number now and I believe the estimate that paired with the suggested 26T is somewhere around $85,000 per ounce of gold.
In other words, fucking buy precious metals.
So get student loans to buy gold: done and done.
So does that mean I should also keep copper, steel, aluminium, and other metals around?
Hm, just realized you can't save comments. I will save the post and try to come back to this. I need to be a better prepper, though you're right my best hope is probably getting away from my populated area to somewhere safer. Guess I should always have the gas tank topped up.
go to 'view comments' on your profile. Just look for the comment you just made, or, go to the websites I posted and bookmark them for later.....
Hm, just realized you can't save comments.
What are you waiting for, Christmas?
I was gonna make an ideas for Poal but I already know the answer: too resource intensive.
(post is archived)