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?
Buy food. What good is cash or gold or silver if there is no food to be bought? I'm not saying don't buy gold/silver, I'm just saying have some food (and water) on hand because in a collapse the stores will be wiped out very quickly. Some people might sell you what they have, but if they don't know how long the problem will last, they don't know if what they have on hand is sufficient or not and would be less likely to sell or barter it away. Maybe also buy some commodities that YOU could sell/barter to others (toilet paper, for example).
(I see others have already suggested food stores, I didn't read further down, my bad).
Don't forget ammo. Banks collapse, people lose access to their money, and the majority of them aren't awake like we are? There is a good chance you may need to defend your food stocks.
I assure you I have done these things.