We get to watch the collapse of the financial system.
Hope you're all prepared.
(media.greatawakening.win)
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How does one prepare for something that could move in multiple directions? Buy gold, bit coin, bury your extra cash in the back yard? I’m serious. My dad gave me some money to fix up my house. Do I do that? No one but the white hats know what direction the financial world will take.
Some guys stock up on liquor. It’s cheaper than silver and ammo and has a long shelf life.
The thing about having a lot of precious metal coins is unless you have fractionals (1/4, halves) you’re gonna have to give away a whole coin away every trade.
You’d be surprised what you could get for a handle of Jack Daniels in a post apocalyptic world.
Bullets, lead pellets, good quality knives. Junk silver (takes research, but they are small coins). Also Ivermectin, Iodine, tea-tree oil, clove oil. Surgical thread and needles. Candles & matches.
I think we've learned that toilet paper is THE biggest commodity there is.
"Junk silver" coins that are not numismatically "valuable" will be way less expensive than bullion and more useful. I was gifted some jewelry in January 2020 that netted me $1500 of which I bought $500 of 'junk' coins that if I were to replace them now, would cost me nearly 3 times what I paid for them..
the beautiful thing about stocking up on liquor... if the financial system doesn't fail... you can hide the evidence one shot at a time!!!
It does help start fires.
Don't keep federal reserve notes. Put the money into things that don't lose value, such as silver, gold, ammo, groceries, etc. I personally have been spending money on my house in repairs and upgrades, and buying more groceries. Some grocery items are good until 2024, 2025, or even 2026. Sugar, salt, honey, and a few others are good forever. Even if nothing happens, you're still ahead of inflation by buying groceries now.
Real estate is going to plummet if the global economies collapse. Just sayin.
That might be so in FRNs, but as they say, they're not making any more land. As long as I have my house and property to live in until I die, I'm happy.
Real estate will return to its valid value...
We’ve been doing what I call mini prepping. Ive always gardened which allows me to can and freeze. I have hoarded seeds for the future. We bought 1/2 a beef. We have a generator and a 55 gallon drum with gas to run it short term. We have some propane for the grill and have a fire pit and wood if the propane runs out. We tried to get a wood burner installed inside but it was sold out from under me while I was in the hospital for Covid. So starting over on that search after the holidays. We have cast iron cookware and lots of paper products so won’t have many dishes to deal with. We have some water stored and a local spring for refills. We have rice, beans, flour and sugar. We have oil lamps and extra oil, we have hunting guns and some ammo for them but I’ve been hesitant to buy a hand gun because of the registration. I am concerned they will come for those that have guns. Mine belonged to my late husband who died in 2011. I’m hoping if the feds show up at my door I can convince them that I sold them. We have fishing poles. I have stocked up on medication and some medical supplies.we have rugged outdoor wear and extra blankets. A solar charger and a crank weather radio. My biggest concern at this point is the cash I have. It’s not in the bank. I haven’t done the precious mental thing or crypto. The name GameStop just turns off my trust. Frankly at 60 I worry about young scavengers from a local town more than I worry about trading at a store. How do we expect to have anything in the stores? I think we will be on a barter system with our neighbors. It’s a gamble to know what will be more important
No one knows. I have silver and cash on hand. Buy land, weapons and ammo.
Invest in Lead, Gold and Silver in the same order
Buy Gold/Silver, Loopring crypto, which is going to be the technology the new financial system is based on, GameStop shares and then DRS them to get proper ownership.
And there's the issue. You say Loopring will be the tech for the new system, but I've heard XRP. None of us can say for certainty on any of this.
In the event of financial collapse, how would stocks help you? How would GameStop thrive when no one has any money?