Buy some land
I have 11 acres and a really small house already. But Im talking about a whole lot less cash than that
Buy some guns
:)
Throw some in to silver and gold. Or try and buy some land. Spend your paper on something tangible so it will retain its value.
Silver sucks! I bought some about 2-3 years ago and it's worth less, barely less but still less, than it was when I bought it. Everyone screamed "it's going to skyrocket in a few months" before I bought now it's all about how it's tightly controlled by (I think one) big banking. (Someone apparently own millions of ounces and controls the price.)
You need to pay attention to the gold / silver ratios. Buy silver when it's above 90/1 and buy gold when it's below 70/1. Three years ago, Gold was the buy, not silver. Silver had just come back from a ~5000 year low as compared to gold when it was at 115/1 during the summer of the covid lockdowns. That was a VERY VERY good year for people who were paying attention. :D
It's long been known that JPMorgan and comex have issued 7x more paper silver than there is silver above ground. They manipulate the shit out of that market constantly. That's one of the reasons comex now reserves the right to refuse you delivery of 1000 ounce contracts and settle in cash.
In the end, you also need to understand that typically silver and gold are not INVESTMENTS. They are a STORE OF WEALTH. You don't earn interest. For example, back in the roman era an ounce of gold would buy you a fancy suit. In today's world, an ounce of gold will still buy you a fancy suit.
You look at it the wrong way. The currency is going up and down, not the physical asset. Just because your whole life has been focused on (((dollars))), it looks like everything else goes up and down. The reality is, assets are stable, the fake currency is what's moving. Besides, the currency is ultimately going down because they keep making more of it. More (((dollars))) means each dollar is worth less.
Yep. You are correct. However, when it readjust silver should past 500 and Oz.
yeah, you cant eat silver or gold, thats for preserving wealth.
no you cant eat it, thats why i said "some". I also go on to say buy land if you can buy land thats what I would do. Get some chickens and goats, and maybe some sheep.
That's exactly how I feel. If some yokel shows up at my place looking to trade for food or bullets or whatever and he's got gold or silver to offer I am gonna run him off real quick.
More precisely, with respect to silver, buy silver US coins. You'll be covered if, or if not.
Make sure you have something for the future, even if it's to buy your place in the euthanasia line.
something or cash? Thats my dilemma.
Cash. You’ve prepped. You’re as prepared as you will ever be. Cash is useful now, and will be for a short period if/when the shtf. And if/when it does, you’ll see immediately what you need now and cash will be king.
Futurama
I got the same problem.
could consider a backup hand pump for your well, if you don't already have one
wells around here are 400 to 500 ft.
ouch. maybe consider a 1500 gallon water tank and rain collection system?
I have some storage, but that why gardening is out of the question here.
Well you can only purchase "buy it for life" type things, then you never need another one and money has been turned into a long-serving asset.
yeah I more look at it from a prepper view.
Cash is already worthless. Buy property.
These days it's difficult to choose to save dollars because of how quickly our currency is devaluing. It's also difficult to argue that metals are the way to go, given how controlled the gold and silver markets seem to be.
I've decided to invest in real property. When I see preservable commodities, that I regularly use, I stock up. I don't shy away from home improvements that will increase the value of my home. I also am doing more preventative care to my vehicle. It also wouldn't be a bad idea to review, replenish and diversify your SHTF stockpile.
9mm.
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