Like it or not we work for fiat currency. What's the best long term investment to protect that energy you've spent to earn that money, so that it is liquid enough to convert back to fiat if necessary, but will also maintain its worth in the event of societal collapse?
Shit load of preserved food?
Land?
Guns and ammo to protect said investments
Renewable energy infrastructure for your home?
Would it literally just be anything that you need to be self sufficient?
I've recently discovered Michael Ruppert....
view the rest of the comments →
ShowMeYourKitties ago
Trade it for ammo, nonperishable foods and precious metals (in that order of importance) before the collapse.
mohammed_was_a_fag ago
Antibiotics have a fairly short shelf life yes?
Why precious metals if the means of manufacturing have collapsed? Do you think even in an appocolyptic scenario, there would still be people vain enough to want shiny things? Would those types of people even be safe to trade with? I guess gold and precious metals have been valued my mankind for centuries, so I suppose my family (great grandkids etc) could utilize it and start out on top in the next resurgence of human civilization.
I also don't know where to buy those precious metals where I want get taken. Plus doesn't the federal government monitor precious metal bullion that is sold?
DrSelfAppointed ago
The reason precious metals have been used as currency is that that are easily verifiable and transportable, finite in supply, and also do not decay. This provides an easy medium to act as universal currency when faced with a need to trade where one party lacks what another party needs. Maybe the guy you want to trade for gas already has bullets, he needs rice you don't have; now you gotta go find rice from another guy who may or may not need bullets.
It is also the one thing that can be guaranteed for trading outside affected areas. Just because shit hit the fan one place, doesn't mean the rest of the world is fucked. That gold stash might buy you a ticket out of the place your in.
Bought a safe off of a moderately successful Iraqi that survived some of the war zones of an early conflict in the region, essentially the money was worthless and his gold stash kept him and his alive.
waterniggas ago
this is the only rational explanation of gold I've ever heard, thanks