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These 7 Things Are Better Than Paper Money In The Bank When The Economy Collapses
Unless you have been living under a rock, or subscribe to the theory, “ignorance is bliss,” then you most likely already know that a global economic reset is coming, and it’s going to be of such a magnitude that it is likely to make The Great Depression look like “good times.” At the end of this article is a video presented by Derrick Broze of Activist Post, who puts forward several ideas for ways you can protect yourself when the inevitable financial implosion finally does hit the global economy. Right now, contrary to what many of the talking heads on television are saying, the US economy is like a house made of toothpicks in a category 5 hurricane.
Before getting to the basic suggestions presented by Derrick Broze and his report titled, How To Survive & Thrive During Economic Collapse, it would be wise for people to understand that Derrick Broze’s suggestions are the bare bones minimum anyone should be doing. To help people better understand what to expect, and just how bad this crisis is going to be, I have included a fantastic video that features two of today’s best economic minds in one interview: Peter Schiff and Dr. Jim Willie were on Caravan to Midnight about a week ago, and hopefully you’ll take the time to hear what they have to say before thinking that the seven tips below will ensure your safety.
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Also, as an added measure, I have included what can only be considered an Emergency Video Put Out by Peter Schiff Trying to Warn People That Financial Armageddon Is Utterly Inevitable. Those words weren’t chosen lightly, as Peter is not one to scream fire! Again, I hope you’ll take the time to understand what is coming, and do all that you can to protect your families. Consider this: There will be MILLIONS of people who don’t prepare. If you’re one of those who is not prepared, that means that acts you’ve considered to be “unthinkable,” for much of your life, could very well become “ordinary.” Conversely, if you are smart enough to prepare, that means you’re the person the unprepared will be coming for. It’s time to educate yourself!
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Activist Post writes:
So you’ve done the hard work of getting your finances in order and now you’re looking to invest your hard-earned surplus into things that will protect or grow it.
Keeping your savings as fiat currency in the the banks may not be the safest way to store your wealth. Banks are beginning to give concrete evidence of actually penalizing you for keeping your money with them … and that’s if they don’t outright confiscate it via bank bail-in.
It would be prudent to look at investments that offer the dual purpose of getting around the banking system, while also offering ways to stockpile the tangible items that should fare much better in any economic collapse situation.
Here are seven investments that will hold value far better than cash if the current trends continue.
Food
We are beginning to see in real-real time what a collapse in the food supply could mean. One look at Venezuela should prove that even though most people believe “it could never happen here” or even that they have enough money to get what they need no matter what, this is not the case. Even the supposedly wealthy in Venezuela are waiting in long lines with everyone else.
While things are still relatively stable, it makes sense to build a food stockpile slowly but surely. You can pick up a few key food items each week at the supermarket to build up your food bank without having to spend thousands in bulk food acquisitions. It’s best to keep your storable food bank list simple and concentrate on common foods that you already consume regularly. We wrote an article geared toward foods that have long shelf lives but are also practical for most diets, so please read “10 Best Survival Foods At Your Local Supermarket.”
Become a smarter shopper. “A penny saved is a penny earned,” wrote Poor Richard (aka Ben Franklin). Check out these “10 Hacks to Save Money at the Grocery Store.” You can also utilize tools like VoucherBin to find hidden savings that you didn’t know existed.
Precious Metals
If you are fortunate enough to have several thousand dollars in savings above your emergency reserves of a few months of expenses, you may want to consider turning those devaluing dollars into physical metals to keep in your possession. Again, during times of economic uncertainty, it’s best to keep your wealth where you can directly control it – as local as possible.
There are three practical metals to consider.
As fiat currency wars rage on between central banks, silver and gold will likely hold their value or even increase in value relative to paper currencies. If things go apocalyptic, gold and silver may become money again.
For Americans, ammunition will also be extremely valuable, possibly even as a currency as well if the economic collapse gets ugly. The cost (value) of ammunition has skyrocketed, especially as further governmental restrictions loom.
Gold and silver have also gone up in value over the years, especially in foreign countries whose currencies are unstable. Yet, at the time of this writing in early 2016, silver and gold remain way undervalued particularly when priced in US Dollars.
To summarize, it’s probably a good idea to convert some of your extra cash into gold, silver or lead (ammunition). These metals will likely hold their value better than fiat money and they’re easily tradable with your immediate neighbors or someone thousands of miles away.
Never buy another battery again
Land
As soon as you can afford to do so, move out of your apartment and find a home with a little more land. If you’re in a place of abundance, buying productive land will be significantly more valuable than most paper assets when the economic reset hits. Putting a fence and cattle on that land makes it even more valuable. Ultimately, it’s even better to be able to produce your own food than to stockpile it in bulk. Even a small piece of land will be worth its monetary investment as it will pay you much larger dividends year over year than cash at the bank ever could. Look what this family produced with just 1/10th of an acre!
Off-grid Power
One of the best investments you can make is to produce your own electricity with solar panels or wind mills, or a combination of both. Having a grid-tied system is better than nothing, but having a battery bank is where the true value is.
In fact, it may be wise to start by investing in a battery bank first, charge them at night when grid rates are much cheaper, and then use that power during the day. The batteries will pay for themselves quickly and you can add solar panels as you can afford them.
Water Purification
Do not depend on one water source. At the very least have a good water filter that can clean water brought in from untrusted sources. Some of us happen to think that municipalities are untrusted sources (ahem, fluoride and chlorine).
If you’re not lucky enough to live in a rural area near rivers and lakes, you can get a good-sized rainwater collection system for less than $1500. Also, you can get a few dehumidifiers which can pull gallons of water out the air in areas with over 30% humidity.
Hand Tools
You’ll want to accumulate basic survival tools like weapons, garden tools, food preservation supplies, and any tools and supplies that you need to sustain your specialty skills for at least a year. Making the commitment to acquiring these items also tends to renew your interest in improving the necessary skills that will ensure you become as independent as possible no matter how long term a future emergency is.
Bitcoin
True, this one might not be considered a tangible asset, but its usability without incurring the massive fees of traditional banking makes it a worthwhile hedge at the very least. Barring an EMP/CME attack or a meteor strike that would take out the Internet, Bitcoin very well could also become a de facto international reserve currency. It’s simply better money, and efficiency will always win. In the meantime, why not learn how to use Bitcoin as a means of protecting your privacy, opting out of traditional banking, and using it to pay for those tangible items mentioned above? We want our readers to be on the winning side of the coming collapse; adopting Bitcoin now means you’ll have an alternative already in place. Get started with Bitcoin HERE.
These are some of the key ways that we at Activist Post have taken charge and have become more independent in our own lives. We expand upon the other methods that can help you thrive during what is shaping up to be a very turbulent 2016 in our free 21-page report for email subscribers. This report focuses on the full range of strategies to achieve self-sufficiency and sound financial and physical health.
Watch a video overview of this FREE Special Report presented by Derrick Broze.
How To Survive & Thrive During Economic Collapse
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FOR MORE GREAT MATERIAL FROM JIM WILLIE:
Dr. Jim Willie: We’re in the Bottom of the 9th; The US Dollar is Dying (2/28)
Dr. Jim Willie: Economic Collapse is On Our Doorstep
Jim Willie: “The Quickening” is Approaching Global Economic Markets
Jim Willie: When Deutsche Bank Fails, Barclays, Citigroup, and More Will Fall
Dr. Jim Willie and How To Simplify Your Finances To Survive Economic Collapse
Jim Willie: Global Banking Cabal and Their Satanic Rules Are Ready to Strike
Jim Willie: Both Our Allies and the American People Absolutely Hate Our Government
Jim Willie: U.S. Dollar is Now a Matter of National Security Due to Poor Decisions
Jim Willie: Armageddon Coming to U.S. With Trillions Exposed In Derivatives
Jim Willie, The Fed’s Week of Reckoning, and an Isolated United States
Jim Willie: After Banks Fail, Government Seizes IRA’s, 401k’s, and Pensions
Jim Willie, the Crumbling Global Economy, and the Dollar Crisis
Jim Willie: What Do the Oil Black Market, NATO, and ISIS Have in Common?
Jim Willie; One on One -Taking Questions On the Most Pressing Matters of the Day
Jim Willie: The Fed, Yellen, US Dollar, and Negative Interest Are a Joke!
Jim Willie Explains U.S. Nuclear Threats to China & Russia Over Challenging the Dollar
FOR MORE GREAT MATERIAL FROM PETER SCHIFF:
Peter Schiff: Newest Recession Hiding in Plain View; American Dream Is Dead
Peter Schiff: Dollar Collapse Will Be the Single Biggest Event In Human History
Peter Schiff: Federal Reserve Only Delaying Total Financial Collapse of U.S. Economy
Peter Schiff: Obama “Peddling Fiction” As Unemployed Tops 100 Million People
Peter Schiff: Recovery Fantasy Persists Despite Recession Evidence
Peter Schiff: Here Comes the Great, Great, Great, Great Recession!
Peter Schiff: “Whatever Obama Was Calling Recovery… is OVER!”
CNBC Actually Admits Peter Schiff Was Right… Again (Video)
Peter Schiff: Due to the Feds Antics, the Market is Very Dangerous Now
Peter Schiff and “If The Economy Is Fine, Why Are So Many Large Retailers Imploding?”
Peter Schiff: Take a Good Look at the “New” American Dream!
Peter Schiff and Reagan Advisor: Complete Economic Collapse Immediately Ahead
Peter Schiff: Warning! Economic Storm Clouds Ready to Rain
Peter Schiff: Death of the US Dollar Is Imminent; Fed Out of Options
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Bitcoin? Precious metals? Hogwash!
If there were a financial collapse gold, silver, money and other useless material assets would be, well, useless. My dad taught us kids “what would you rather have $10,000 GMC stock (GMC was his favorite vehicles since he owned a produce company and a restaurant in Chicago) or a $10,000 commercial coffee maker?” He taught us kids to buy the coffee maker because if things go bad everyone needs their coffee. One cannot control the price of paper assets, but one can control hard assets like real estate and coffee makers.
Learn a trade: agriculture (especially using heirloom seeds), husbandry (including skinning and butchering, see note below , and maybe training guard dogs), welding, carpentry, masonry, plumbing, electrical, mechanical, seamstress, baking, security. Also, learn to barter so when the economy collapses you’ll have something useful to trade. And best of all, keep your spiritual faith strong, you’ll need it.
By the way, Los Angeles City and Los Angeles County are seriously hurting for trades people in electrical, welding, carpentry and plumbing even to the point they are looking outside of California.
Note: many, if not most, people have an aversion to killing and slaughtering an animal for food. If you could acquire this skill, you’ll be well known in your neighborhood with plenty of jobs. You may also want to think about raising rabbits (or teaching others to raise rabbits for meat), they taste like chicken – and they are easy to breed and raise even in an apartment. Do an internet search for “raising rabbits for meat.” Storing up beans and cornbread is ideal for the short term.
When it happens water and food is top of the list followed by medicine gun
A conspiracy foil brigade list is different
Gold ,silver knife fork spoon gun water
A BLM list
A TV , knife spoon gun booze
A Christian List
porn megs prostitute, bra dress booze high heels
prostitute list
Bible candle cross water food
The global cabal of bankers that pull the strings, can not and will not, allow their precious fiat currency to implode.
Our debt based monetary system keeps the cabal in absolute power and they will stay in absolute power… “Power tends to corrupt, and absolute power corrupts absolutely.” ACCEPT THAT. We have no choice but to embrace our serfdom or embrace our demise. Humans have an innate, subliminal and self righteous pre-programmed modus operandi to preserve our lives regardless of how limited in scope that life may be. The powerless will continue to schlep along as debt slaves. The powerful will loan us a futile existence. Our lives might not be Utopian, but then again, Utopia is a pipe dream. Our strength is in our struggle, our weakness is our will to change what we struggle for.
LIVE A CHRIST CENTERED LIFE. HELP YOUR NEIGHBORS. LOVE YOUR CHILDREN UNCONDITIONALLY.
STRIVE FOR PERFECTION AND THEN ACCEPT YOU WILL NEVER ACHIEVE IT.
DON’T GET HUNG UP ON WHAT YOU CAN’T CHANGE IN OTHERS. BE THE CHANGE YOU WANT TO SEE IN OTHERS.