Anyone who hasn't already made any financial preps is (IMHO) seriously behind the curve, but it's obviously not too late.
Stash some cash. However much you are comfortable with, but I'd tend towards more than less. You can always re-deposit it in 3 months, 6 months, a year; whenever...... or you can also deposit it into a local bank / credit union, which is a much better idea than the big banks.
Pay off your debts as much as possible. Interest rates have obviously gone WAY up, which means Credit Cards & other debt has gotten WAY more expensive.
IDK if we're gonna crash or not; 4 years ago, I thought for sure we would have had a collapse by now...... that old quote is extremely apropos;
"Never underestimate the markets' ability to remain irrational for far longer than you can remain solvent"
i don't understand how people can pay for anything with gold/silver? i am being honest and don't understand what gold/silver will do for anyone? i'm thinking more on barter with this or that, when SHTF.
i live in a rural area, and have many farms around me. i'm just wondering if the farmer would take gold/silver for their goods because what can they do with it, just like cash, if/when the crash hits how do you know if gold is gold and silver is silver; and if cash is worthless, wouldn't bartering be the way to go? and how do people give change with gold/silver? and how do people know if the gold/silver they are using is even real? just asking because i haven't the slightest clue how to use gold/silver.
never said the farmer was stupid. i'm the stupid one because i've always heard that gold/silver go up and down on a daily basis and the price of an ounce would differ. how would I and the farmer know the value of it on the day of trade was what i was asking.
and how do you know the gold/silver you are holding in your hand is even real?
Hmmm...I don't like the way this sounds. Guess it's time to move more money out of BofA and into....Credit Union?
Anyone who hasn't already made any financial preps is (IMHO) seriously behind the curve, but it's obviously not too late.
Stash some cash. However much you are comfortable with, but I'd tend towards more than less. You can always re-deposit it in 3 months, 6 months, a year; whenever...... or you can also deposit it into a local bank / credit union, which is a much better idea than the big banks.
Gold & Silver. The gains the past several years have been pretty significant (again, IMO and I'm not an expert) Look for yourself: https://www.apmex.com/gold-price https://www.apmex.com/silver-price
Pay off your debts as much as possible. Interest rates have obviously gone WAY up, which means Credit Cards & other debt has gotten WAY more expensive.
IDK if we're gonna crash or not; 4 years ago, I thought for sure we would have had a collapse by now...... that old quote is extremely apropos; "Never underestimate the markets' ability to remain irrational for far longer than you can remain solvent"
i don't understand how people can pay for anything with gold/silver? i am being honest and don't understand what gold/silver will do for anyone? i'm thinking more on barter with this or that, when SHTF.
i live in a rural area, and have many farms around me. i'm just wondering if the farmer would take gold/silver for their goods because what can they do with it, just like cash, if/when the crash hits how do you know if gold is gold and silver is silver; and if cash is worthless, wouldn't bartering be the way to go? and how do people give change with gold/silver? and how do people know if the gold/silver they are using is even real? just asking because i haven't the slightest clue how to use gold/silver.
He will take silver rather than letting the crop go to waste. He's not stupid.
never said the farmer was stupid. i'm the stupid one because i've always heard that gold/silver go up and down on a daily basis and the price of an ounce would differ. how would I and the farmer know the value of it on the day of trade was what i was asking.
and how do you know the gold/silver you are holding in your hand is even real?