Hyperinflation a reality?

[tmckay2]

personally, here is my opinion. but food. but a set of it at costco or online, like of thrive, for a year or two worth. you can do it when on sale for $800 for the year. yes its $800 but you can eat it at anytime if need be and it lasts 25 years. if you have more time or energy, get set up with a distributor in the area and hand pick what you want. itll cost a bit more but be more user friendly and fit your tastes. second, consider storing some water if you have the space. you can buy those massive tanks for like $100 at all kinds of places. never bad to have some on hand. stock up on some ammo, probably 1000 rounds of most used weapons isn't a bad idea. lastly, stock up on some plywood or 2x4's that are fairly short. if things get that bad, those could come in serious handy.

that will cover you for survivability if things actually get the worst. after you are set there, id start putting money in things that make sense to trade if the market collapses, but also is low risk in the sense that if things turn around you aren't out a bunch of money. again, if on sale, stock up on food. its easy to sell to others like us if the market rebounds, food costs always rise, and its extremely great if you need to trade it down the road. id also get ammo. it never drops value, will likely rise even in a normal market and is very useful. Gold and silver, lean more on silver than gold in my opinion. don't tie up a ton of money in it but have some. again, very unlikely to bottom out, could very well go up, and is easy to trade in bad situations. finally, when talking about considerable amount of money, if you don't own property or a home, do so soon. rates are low, get them fixed. if inflation hits hard and you are lucky enough to keep your job and it pays you accordingly, your loan could be very cheap. rates aren't going to get any lower. best thing is that if needed you can sell it. ideal situation is to own enough that you can subdivide it down the road if necessary.

sadly i am looking at land now but can't build for another two years. i fear itll be too late by then but i hope i am wrong. i am literally in the worst place ever for bad situations and have no storage capacity.

[tmckay2]

as a side note, my parents, who are about as down to earth and laid back as anyone, are even trying to figure out who to get rid of their 401k cash and put it into goods. they are afraid itll be worthless soon. never thought id hear that from them.

[FastMan]

personally, here is my opinion. but food. but a set of it at costco or online, like of thrive, for a year or two worth. you can do it when on sale for $800 for the year.

Come again?

[tmckay2]

Come again?

its the wonders of an iphone that auto corrects and is impossible to type on.

[Aloha_Shooter]

Store food. You will always need to eat. Look at food prices alone in the last year.

It always amazes me how many people think about storing a year's worth of food but don't think about how they'll get potable water. If you're really talking about an apocalyptic scenario, wouldn't you like to have a ceramic water filter and small supply of replacement cartridges? Perhaps your BOL has its own well -- if not, do you think the municipal water supply will magically continue to operate?

[Zundfolge]

It always amazes me how many people think about storing a year's worth of food but don't think about how they'll get potable water. If you're really talking about an apocalyptic scenario, wouldn't you like to have a ceramic water filter and small supply of replacement cartridges? Perhaps your BOL has its own well -- if not, do you think the municipal water supply will magically continue to operate?

Good point.

If nothing else keep a few extra bottles of chlorine bleach handy. Add about 1/8th teaspoon per gallon of water ... if the bleach has been stored more than a year, double that (it loses effectiveness over time). Let it sit for at least an hour before drinking (takes about 45 minutes to kill any Giardia).

Bleach is good for a short term solution. But good filtration and storage is a necessity for long term.

[tmckay2]

It always amazes me how many people think about storing a year's worth of food but don't think about how they'll get potable water. If you're really talking about an apocalyptic scenario, wouldn't you like to have a ceramic water filter and small supply of replacement cartridges? Perhaps your BOL has its own well -- if not, do you think the municipal water supply will magically continue to operate?

so i am looking to build a home soon and the land i want is outside of town a ways, the land my wife wants is in town. both are about 1.5 acres. any idea, if city water and sewer is there at the line, if i have any options for getting water NOT dependent on the city? i don't think they allow wells and septic inside city water and sewer perimeters do they?

[flan7211]

If gold hits $2400 an ounce you can bet we will see old FDR's policy of no gold holding. They will make it illegal to own gold, and confiscate anything they find. Be careful and buy more ammo.

[Sawin]

If gold hits $2400 an ounce you can bet we will see old FDR's policy of no gold holding. They will make it illegal to own gold, and confiscate anything they find. Be careful and buy more ammo.

I hope to God you're wrong.

[Milt]

If things continue on this path (which I think they will until it blows up), none of the conventional 'preps' will do much good absent effective security arrangements. When the EBT's don't work, the store shelves are empty and the transfer-payment checks don't cash, the cities and some 'rural' areas will burn (literally). The short-term survivors of that catastrophe will invade and scour anything within one gas-tank full (about 300 miles, give or take) of their initial location. Draw a 300 mile circle around every city with a population of more than 50,000 to find relatively 'safe' areas - surprise, there really aren't any. Good luck...