If we think (and there have been numerous posts here to support this idea) that all major banks are going to fail because of over-investing in derivatives, what should we do if we have money in those banks? Pull it out in cash? Convert it to silver or gold? Put the cash under our mattress? And will cash be worth anything?
So if we have cash in checking or savings with a bank, how can we protect our assets?
"Once that stage happens, I'll probably go ahead and purchase raw land with that money, as much as I can afford, maying just 1 acre, maybe 5 or more, depends on the market at the time. I consider land to be the most valuable asset in the world. If you have land, you can survive. And it will only go up in value over the years."
If we are in a mega-SHTF world,no one will find land easy to defend against the ravening hordes.
ravening hordes aren't in the middle of nowhere though