-666 Points: We Just Witnessed The 6th Largest Single Day Stock Market Decline In U.S. History

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-666 Points: We Just Witnessed The 6th Largest Single Day Stock Market Decline In U.S. History The stock market is a perilous situation. When you really start to think about how deep the claws of greed are dug it can get a little scary. Do you have any idea how many computer programs are handling …

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Trump Tax Cuts Have Postponed Economic Collapse

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Trump Tax Cuts Have Postponed Economic Collapse The economic collapse is one of the most widely agreed upon scenarios for the collapse of society. Like an asteroid just grazing our atmosphere the 2008 crisis was not as bad as it could have been because society still believed in the banks and the government. I wonder …

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5 Ways to Make Money Prepping

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5 Ways to Make Money Prepping Prepping is important. Duh? I think if you are reading this blog you understand that better than most. For many prepping is a cost. Its an expenditure. One of the things that holds most preppers back is the idea that you must have money to complete some of your …

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7 Reasons to Keep Prepping (Even Though Trump is President)

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When Barak Obama was president, preparedness was a very popular topic. Many people were certain that Obama’s policies would eventually crash the economy, so they wanted to be ready. And although preparedness is still a popular topic, now that Donald Trump is president, most conservatives aren’t as worried as they used to be. In fact, […]

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Bitcoin Bubble: Is Bitcoin Going To $1 Million Or Is it Going To Zero?

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Bitcoin Bubble: Is Bitcoin Going To $1 Million Or Is it Going To Zero? There are so many people who are beating their heads against the wall wishing that they had gotten into bitcoin earlier. There are legitimate bitcoin millionaires that have come from nothing less than 10 years ago. Bitcoin is an incredible opportunity …

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How to keep your Bitcoin safe

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So you followed my advice, put some money in Bitcoin and by now you doubled or tripled your investment. Good for you my friend!

Keep in mind what we’re doing here though. Keeping eggs in different baskets right? Crypto currency is a VERY attractive basket thought and if it ever reaches just a percentage of its true potential…

Anyway, if you bought some coin I’m sure you’re a happy camper and that’s fine but just like you keep your gold and cash in a safe, just don’t leave your money sitting there in an online account. It’s not safe, and if something happens to the company, lets say Coinbase goes under or gets hacked, you may lose your Bitcoin. I know that with reputable companies this is unlikely, but it has happened before and all experts agree on not being a good idea to leave large savings just sitting there.

What do to then?

You have a few options. The idea is to have a cold wallet for the bulk of your coin. Cold storage means storage that is offline and therefore impossible to hack. You can create a paper wallet, with extreme precautions to reduce the chances of hacking such as going off line and using a live OS in a fresh USB drive, print with an offline, wired printer.

What most experts agree on being the best way to store Bitcoin and other cryptocurrencies is using a Hardware wallet. These are devices similar to a USB drive, with its own screen an pin number which even in a computer infected with malware (like may are these days)  it would be save to use.

I recommend these two, which are considered the best, the Ledger Nano S and Trezor.

Using it is easy enough following a few simple steps. Make sure you keep the recovery code VERY well protected (you write this down in paper), a couple copies in different safes. This would allow you to recover your money if the device is stolen, lost or destroyed.

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”

 

 

Shia Militias Preparing to Unleash Attacks against US

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Events in the Middle East have progressed as LMS predicted and are now transitioning to the next stage of war.  This is scary and you need to pay attention.  Specifically,

Bitcoin: Why Anonymous Currency May Be the Future

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Bitcoin: Why Anonymous Currency May Be the Future Bitcoin has reached $10,000 and it looks like it’s time to start paying attention. Anyone who jumped on the ship in 2009 should be sitting pretty right now. It’s an amazing thing. We are watching a new currency take shape. Last week I read an article about …

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This Is What A Pre-Crash Market Looks Like

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This Is What A Pre-Crash Market Looks Like If you have your money in the stock market today you will hear two things. One will be that you are a genius and you are making money hand over fist. The other thing will be that you are a fool and that it will all come …

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More questions about Bitcoin

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Message:

Hello, Fernando. I was wondering more & more about Bitcoin, but I can’t find too much clear information about it- everything starts in the middle & doesn’t seem too concerned about telling you how not to get snagged-up with it (ex: looking like a drug dealer or a money launderer). Would you people tell me some more about it? I would hate to miss a good investment, but I don’t even get how it IS an investment- it doesn’t seem like there’s any company that distributes it, so how can there be any stock? And why not just make your own?

A-

Hello A,

Again, I’m no Bitcoin expert by any stretch of the imagination but I’ll try to answer some of your questions.

Bitcoin is a currency, a virtual one at that but some Bitcoin does not make you a drug dealer any more than having a roll of 20s in your pocket makes you one. Don’t let the mainstream media agenda intended to stigmatize Bitcoin get to you. In any case, ALL large financial groups are into Bitcoin at this point, so don’t feel bad about doing it yourself.

Second, it is not an investment. Investments generate profit. Buying Bitcoin will only get you… Bitcoin. Like gold, it can go up or down and you selling at the right time may leave you with a profit but it’s a currency, not an investment.

Finally, you CAN make your own. You can mine Bitcoin with your computer. The problem is that by its own nature Bitcoin is HARD to mine, meaning you need a lot of computer power to mine it so that its profitable and compensates the electric power you are using to generate it. People used to buy mining computers to mine Bitcoin and many still do. How profitable it is today is hard to say. All I know is that you need some initial investment for the mining computers and electric power better be rather affordable where you are.

As I said before, I think Bitcoin is extremely interesting but it’s not on the same line as gold and silver, which have been around for thousands of years. Can it be the gold of the future generation? Maybe, but don’t put into it anything you can’t afford to lose. That would be my advice.

As for buying Bitcoins, I suggest you do a lot of google and reading first. Chances are you’ll end up in Coinbase or maybe Localbitcoins. No, I don’t have any association of any kind with either one, they are just some of the most common names that pop up.

Good luck!

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”

Gold, Silver See Solid Rallies On Safe-Haven Demand, Rising Oil

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Gold, Silver See Solid Rallies On Safe-Haven Demand, Rising Oil The currency of our world is changing just like everything else. Being so wrapped up in life it’s hard for us to understand these changes as they happen. Bitcoin jumped to $7000 over the weekend. This is a monumental and, somewhat, terrifying rise in price. …

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What Could Pop The Everything Bubble?

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What Could Pop The Everything Bubble? House prices are up! consumer confidence is up! What are we talking about a bubble pop for? One of the most important things to prepare for is an economic collapse. It is so important that you be ready for a day when hyperinflation comes knocking. We have built a …

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Survival Finances: So, did you buy Bitcoin when I told you to do so?

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No? That’s ok. There’s still time.

I try to be very careful with my advice. You don’t see me telling people to run for the hills (or relocate to areas where a real estate broker friend of mine will sell you property and giving me a cut) When I firmly recommend a product, it’s because I truly believe it’s worth it.

Now from a practical survival perspective, Bitcoin is a powerful tool. Not in theory, not in the future. Today, bitcoin is used in places like Venezuela, where the entire society has basically collapsed into a nightmare of inflation, crime and corruption, ran by a dictator. If in that environment people find Bitcoin useful, then its empirical information, not theory.

I like empirical. Its not supposing, guesses or assumptions, it’s observation of facts.

A few weeks ago I did that thing I rarely do and gave actual financial advice by saying “some precious metals, investing in reliable stocks, investing in good real estate. And yes, putting some money in Bitcoin.” If you did put a few bucks in that Bitcoin basket back then, Bitcoin was around $3.400… Today its worth  $7.300.

As I said back then. Bitcoin is just one more tool to work with, but it may well be a game changing tool if it fulfils its prophecy as the global currency of the internet era. If it becomes that, if it becomes the gold of the digital era then the sky is the limit.

Or not. Don’t spend (like Gold, Bitcoin isnt an investment) more than you can afford to lose.

I like to see Bitcoin going up but to be honest I’m betting on it for the long run. Some people sold thinking that it peaked at $1000, then at $2000, Then $3000 and so on.  Like precious metals, but it and store it for that rainy day.

My advice remains. When funds allow it, buy a bit of precious metal here and there, same for some actual cash for a rainy day because cash is still king, and also put some in Bitcoin every now and then.

Enjoy the weekend folks.

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”

Too Good For Too Long

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Too Good For Too Long This is an article that has a resounding theme. In the past month I have read lots of articles about the rapid contraction of American lifestyle in economics, commodities and various other sectors. What started as a few alarmist articles has become something that is raising the hairs on the …

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Economic Slowdown Confirmed: The U.S. Economy Lost Jobs Last Month For The First Time In 7 Years

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Economic Slowdown Confirmed: The U.S. Economy Lost Jobs Last Month For The First Time In 7 Years Why do we care about economic slowdown? Why does the average hard working American care that Americans aren’t shopping and people are losing jobs? You might be working, right? Still, its important to understand what is going on …

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Apartment Prepping and Small Spaces!

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Apartment Prepping and Small Spaces Ray Becker… “The Ray Becker Show” Audio player provided! In the first segment I cover the equities markets, metals, the dollar, Shanghai metal prices, BDI, VIX…All of the Indicators that we’ve been following. I believe that it is critical for us to closely monitor all activity at the beginning of … Continue reading Apartment Prepping and Small Spaces!

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Preparing for Hurricane Irma!

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Preparing for Hurricane Irma Host: Ray Becker… “The Ray Becker Show” Audio player provided! In the first segment I am going to cover the equities markets, metals, the dollar, Shanghai metal prices, BDI, VIX…All of the Indicators that we’ve been following. I believe that it is critical for us to closely monitor all activity at … Continue reading Preparing for Hurricane Irma!

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Dis-Information!

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Dis-Information Ray Becker… “The Ray Becker Show” Audio player provided! In the first segment we cover cover the equities markets, metals, the dollar, Shanghai metal prices, BDI, VIX…All of the Indicators that we’ve been following. I believe that it is critical for us to closely monitor all activity at the beginning of the production chain. … Continue reading Dis-Information!

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13 Things to Do Before the Economy Collapses

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A few weeks ago, I shared an article on Facebook about the potential for an economic collapse in the near future, and someone left a comment saying, “Why do I keep hearing this warning over and over and over for years, and yet nothing ever happens?” Good question. When people keep saying that the sky […]

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EXCLUSIVE – Michael Savage Scolds Trump, Blasts Boston Leftists: ‘Trump Has Buckled to the Mob’

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Author and radio host Michael Savage scolded President Trump and left-wing “Antifa” protesters in an exclusive interview with Breitbart News Sunday  — accusing President Trump of having “buckled to the

How to Beat Inflation

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How to Beat Inflation This is not a big read but its an important one. In today’s world we think the larger the text the more important it is for us to read. We think the more important it is and the more impressive it is to read a larger text. This article is such …

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Markets and Economy!

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Markets and Economy! Ray Becker… “The Ray Becker Show” Audio player provided! I am returning to focusing on the economy. In the first segment I am going to cover the equities markets, metals, the dollar, Shanghai metal prices, BDI, VIX…All of the Indicators that we’ve been following. I believe that it is critical for us … Continue reading Markets and Economy!

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Popeye, Down the Rabbit Hole and Anything Go’s!

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Popeye Down the Rabbit Hole and Anything Go’s! Ray Becker… “The Ray Becker Show” Audio player provided! I will be joined with Popeye from Down the Rabbit Hole. The start of the show will be a look at the economic news and the Markets. We’ll take a look at Gold and Silver prices along with … Continue reading Popeye, Down the Rabbit Hole and Anything Go’s!

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Is Bitcoin the new gold?

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I’ve always avoided giving financial advice. Not my job and just too much responsibility.

When it comes to such a thing, I just stick to what I know well which is economic collapse. It’s what I went through and it’s what I’ve researched over the years.

When it comes to an economic collapse there are a few basic points to keep in mind.

When everything is going to hell, you can count on banks screwing you to save themselves. Closed doors and a “Me speako no English” sign on it… in New York City. Frozen accounts, conversion to new currencies worth a fraction of what the original one was worth.

Precious metals provide a hedge against hyperinflation or full economic collapse. They are an established commodity over thousands of years, accepted as something that holds intrinsic value. IT doesn’t matter if it’s just a chunk of metal. In our minds, and now for thousands of years, “its worth its weight in gold”. And oil is worth its weight in oil, so are cereals, beans and so on.

And then there’s bitcoin. A complex cryptocurrency which most people don’t even fully understand what it is. The only way to understand more is to spend several hours, maybe several days reading up. What’s important to understand is that Bitcoin is a commodity. The best way to describe it would be the digital gold of the internet era.

No, its not gold, nor is it silver. The piece silver in my pocket, a 1964 Kennedy half dollar, is material, tangible, but that doesn’t mean Bitcoin isn’t valuable as well. What it lacks in tangible peace of mind it has in liquidity. Its easy to move around, access and sell all over the world. Its not controlled by anyone, no government. For Bitcoin you’ll need a Bitcoin wallet. Which one?  I’m not affiliated in any way to any of them and cant recommend a specific one. Just look online and go for the one with the best reputation.

When asked for financial advice I’ve always kept a pretty conservative position. Diversify, some cash is important, very important actually. Some money in the bank, some money in a bank in a different country, some precious metals, investing in reliable stocks, investing in good real estate. And yes, putting some money in Bitcoin.

Bitcoin has been going up non stop this year. Will it stop and drop? Probably. Will it go up even more in the long run, maybe a LOT more? I think that’s very likely. While its digital nature means there’s always the risk of hacking or other tech related problems, its ability to be moved around, the market for it, easily converted to different currencies and increased acceptance are advantages worth noticing.

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”

US Banking, Currency and Economy!

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US Banking, Currency and Economy Host: Ray Becker… Audio player provided! My show was to be about the Economy and that’s where I should remain. I am going to do a long series of shows on Banking, Currency and Economy. My first priority is to continue the monitoring of the economy to try and determine … Continue reading US Banking, Currency and Economy!

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Knowledge & Exchange

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Knowledge & Exchange Ray Becker “This show” Audio player provided! I feel the need to change gears from what I’ve been covering to something that I believe is critical. Most of us were poorly educated and in fact, we were indoctrinated. This still goes on to this very day. When did this all go wrong? … Continue reading Knowledge & Exchange

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Former U.S. Senator Warns: ‘We’re Going To Crash’; ‘No Country’ Has ‘Ever Survived’ This

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Former U.S. Senator Warns: ‘We’re Going To Crash’; 'No Country' Has 'Ever Survived' This

WASHINGTON — A former U.S. senator is warning that America is headed toward a financial “crash” unless D.C. politicians begin making hard choices about its debt.

Former U.S. Sen. Tom Coburn (R.-Okla.), who served two terms in the Senate and three in the House, made the comments Monday on radio on the “Laura Ingraham Show.”

“There’s no urgency” to fix America’s debt problems, Coburn said, “because very few people have a correct understanding of what’s happening to us”

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“If you take total debt, right now, we’re over 240 percent of our GDP,” he said, referencing the gross domestic product, a phrase that represents the total dollar value of goods and services in a nation. “If you take real government debt – debt that has to be paid back by the millennials – we’re at about 180 percent.

“There’s no country that’s ever survived that.”

Coburn believes Trump would “make the hard choices,” but Congress won’t.

“We’re going to crash unless we start making the hard choices, and Congress refuses to make the hard choices,” he said. “… But you have career politicians on both sides who refuse to make the hard choices because it might affect their political career. Well, what about our kids?”

What do you think? Share your thoughts in the section below:

Must watch show in Fox News: Swamp Watch

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There’s a new program on Fox News called Swamp Watch. I’m surprised they are even running a show like this. Lets see how long it stays on the air.

It will be interesting to see them keep up with who’s who and what kind of people end up in positions of power, and if the swamp is indeed being drained.

Do yourself a favour and watch this clip, its just 4 minutes. I know its politics/economy and folks don’t find it very sexy, but it explains well how politics work, in America and the rest of the world.

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”

The W’s of Buying Silver!

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The W’s of Buying Silver! Ray Becker “Renaissance Man” Audio in player below! Ray, also known as Renaissance Man takes some time to discuss buying Silver. When you think of Silver, try not to think of it as money. Silver and Gold are store of value. All we’re doing is converting our fiat Federal Reserve Notes … Continue reading The W’s of Buying Silver!

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Enrollment In America’s 4 Largest Safety Net Programs Hits A Record High Of 236 Million

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Enrollment In America’s 4 Largest Safety Net Programs Hits A Record High Of 236 Million Its always important to lift the veil of our society and look at the terrifying truth. If you were to keep an eye on the path of this nation  24/7 it would erode your soul. This article is a frightening …

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Renaissance Man introductory show economy and more!

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Renaissance Man introductory show economy and more! Ray Becker “Renaissance Man” Audio in player below! On this, my first show with Prepper Broadcasting Network, I will start off with a brief introduction about me and some of the information that I will be covering. We will then look over some economic indexes and any key … Continue reading Renaissance Man introductory show economy and more!

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U.S. Auto Sales Plunge Dramatically As The Consumer Debt Bubble Continues To Collapse

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U.S. Auto Sales Plunge Dramatically As The Consumer Debt Bubble Continues To Collapse Its not easy to write even a decent article about the economics of our very complicated economy. This article takes a look at car loans and the $199 trillion dollar debt bubble that has been built of these subprime car loans. Have …

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11 Facts That Prove The Economy Is In Far Worse Shape Than It Was In 2016

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The economy is a tough thing to keep up with. If you don’t have irons in the fire and allow much of your investments to be handled by others, understanding the economy is just a dog. It’s hard for people to get the whole picture and that’s not getting around all the contradictory views and […]

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The Time is Now to Get your Preps in Order!

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The Time is Now to Get your Preps in Order! Forrest & Kyle “The Prepping Academy” Audio in player below! On this show our host have a special message for you. Forrest and Kyle collectively have decades of prepping, firearms experience, training, and survival experience. That collective knowledge, experience, and research would like to say … Continue reading The Time is Now to Get your Preps in Order!

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Debt Based System Running out of Steam

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Debt Based System Running out of Steam I always love the opportunity to dig into the mind of an expert on the economy. Even better when you have access to someone who can speak ENGLISH on the subject of the economy. Some economists are working with an entirely different glossary of terms. It sounds like …

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The Syrian Civil War and the Downfall of the Trump Administration

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Here is a free piece of political advice.  When your enemies begin condoning your actions, you should be very worried.  President Trump has for the first time enjoyed what he

Bartering, Then and Now!

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Bartering, Then and Now! James Walton “I Am Liberty” Audio in player below! On this special episode of I Am Liberty we talk about taking advantage of the barter economy that is alive and well out there. Dare I say it could even be growing. We are in the most entrepreneurial time in history. Everyone is … Continue reading Bartering, Then and Now!

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Don’t Move to These States; They’re in Serious Financial Trouble

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Maybe you’re looking for a fresh start. Or perhaps you’re looking to find a different job, or you’re trying to get out of the city. Whatever the case may be, when you’re looking for a new place to live there’s a lot to consider. And if you’re thinking of crossing state lines to find a new home, there’s one vitally important detail that you need to think about and research.

Most people don’t consider this, but you should really look into the financial stability of any state that you’re thinking about moving to. If worse comes to worse, and the economy collapses, you want to make sure that the state you live in is fiscally responsible. States that have high debts and low credit ratings are living on the edge. Any major economic event could push them into bankruptcy.

That means pensions could go unfunded. Public services like law enforcement and firefighting would be understaffed. The infrastructure of the state would crumble, and public education would be decimated. Taxes would likely be increased, which would only exacerbate the financial problems of the state because businesses would leave, leading to more unemployment and a smaller tax base. Obviously, all of these factors could contribute to the risk of civil unrest.

In other words, any financial calamity that occurs at the national level, would be magnified at the state level.  The economy of these states would fall into a tailspin, which would make life for the average person exceedingly difficult.

So which states should you avoid? There are three factors you should look out for. There’s the amount of debt as a percentage of the state’s GDP, the amount of debt per person (debt per capita), and the state’s current credit rating.

The 10 states with the worst debt to GDP ratios are:

  • New York-22.71%
  • South Carolina-21.31%
  • Rhode Island-19.40%
  • Washington-18.83%
  • Florida-18.65%
  • Kentucky-18.50%
  • Illinois-18.45%
  • Connecticut-17.52%
  • California-17.18%
  • Pennsylvania-17.17%

The 10 states with the most debt per person are:

  • Massachusetts-$11,337.63
  • Connecticut-$9,297.33
  • Rhode Island-$8,919.27
  • Alaska-$8,516.41
  • New Jersey-$7,517.15
  • New York-$7,040.97
  • Hawaii-$6,194.64
  • New Hampshire-$6,152.00
  • Delaware-$5,962.86
  • Vermont-$5,259.69

And perhaps the most important factor is the credit rating of any given state. This gives you a good idea of how investors think a state will fare financially in the future, as opposed to a state’s current financial woes. According to credit rating agencies like Standard and Poor’s, as of last year the states with the five worst credit ratings are:

  • Illinois-BBB
  • New Jersey-A
  • Kentucky-A+
  • California-AA-
  • Connecticut-AA-

Though those ratings don’t look too bad, it’s important to keep in mind that those states have had sub-par credit ratings for a long time. There’s no indication that they’re going to get their act together any time soon, because they’ve been teetering on the edge for years. When the next wave of the economic collapse hits, these states (along with states that topped the first two lists, such as New York, Rhode Island, Massachusetts, South Carolina, and Connecticut) are going to be the first to feel the pain.

Think of it like this. If a storm arrived and threatened to flood a community, the homes that were built in low-lying areas are going to be underwater first. These states are like the houses near the river. So if you’re planning to move, look into the financial stability every state you’re considering, and seek higher ground.

Joshua Krause was born and raised in the Bay Area. He is a writer and researcher focused on principles of self-sufficiency and liberty at Ready Nutrition. You can follow Joshua’s work at our Facebook page or on his personal Twitter.

Joshua’s website is Strange Danger

This information has been made available by Ready Nutrition

The Looming Pension Collapse: Chicago Collected $90 Million But Paid Retirees $999 Million

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The Looming Pension Collapse: Chicago Collected $90 Million But Paid Retirees $999 Million

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The city of Chicago’s pension funds only generated $90 million in investment income but paid retirees $999 million in 2015, according to Chicago City Wire.

Chicago is just one of several cities or states facing a crisis in which pension funds are not generating enough money to cover obligations to retired employees.

An analysis by Chicago City Wire of the six pension funds provides a frightening picture of the city’s economy. None of the funds generate enough money to cover retirement obligations to employees.

“All six operate as government-sanctioned Ponzi schemes, paying retirees with contributions made into the fund by active city employees, as well as taxpayers contributing on those employees’ behalf,” Chicago City Wire reported.

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A Ponzi or pyramid scheme is a con game in which a fraudster uses money from new victims to pay previous suckers.

But it’s not just Chicago. According to Market Watch:

  • The Michigan Public School Employees retirement pension fund is $26.7 billion underfunded.
  • The South Carolina government employee pension fund is $24.1 billion underfunded.
  • The Social Security trust fund is on pace to run out of money by 2034.
  • The United Mine Workers of America pension fund is $6 billion underfunded.

Jeff Reeves of Market Watch wrote that “America is rapidly approaching a point of no return” in underfunded pensions.

“Say what you will about the solvency of Social Security, and the imperative of acting on admittedly imperfect calculations that still give us a good 15 to 20 years until the trust runs dry,” he wrote. “But the millions of Americans relying on underfunded pension plans have an urgent need for reform in 2017. And if they don’t get it, it could have serious effects on the American economy for decades.”

What do you think? Share your thoughts in the section below:

The Coming Great Wealth Transfer

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The Coming Great Wealth Transfer While economic topics may not be the most exciting, I have news for you, they are necessary. If you plan on being prepared and understanding the threats you face as a nation you need to get your hands on some material that is readable on the economy. An article like the …

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The post The Coming Great Wealth Transfer appeared first on SHTF & Prepping Central.

Careful with Inflation folks…

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Janet Yellen, chair of US Federal Reserve, announced interest raise rise from 0.75% to 1% on Wednesday.

US Federal Reserve raises interest rates to 1% in bid to hold off inflation

Fed chair says US economy in strong health as she announces third rate rise since 2008 and the first of several expected this year

https://www.theguardian.com/business/2017/mar/15/us-federal-reserve-raises-interest-rates-to-1

Inflation is the worst kind of robbery, the one that hits the hardest to those that have the least. Like an inverted Robin Hood, inflation steals from millions of poor to feed billions into a handful of elite superrich. Stealing from anyone, rich or poor, is wrong from an ethical point of view, but it’s especially wrong when done by the most powerful targeting the poorest and most vulnerable people. Inflation kills, people. Inflation ruins lives. A little inflation hurts you a little, a lot of it will destroy you, but don’t ever let anyone convince you that there’s such a thing as “good” inflation.

Stay vigilant. Check those prices, look out for “shrinkflation”. Its already been going on for some time now.

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

2017 ASCE NATIONAL INFRASTRUCTURE REPORT CARD

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Last spring, an article in The New Yorker stated…

“From the crumbling bridges of California to the overflowing sewage drains of Houston and the rusting railroad tracks in the Northeast Corridor, decaying infrastructure is all around us, and the consequences are so familiar that we barely notice them—like urban traffic congestion, slow-moving trains, and flights that are often disrupted, thanks to an outdated air-traffic-control system. The costs are significant, once you reckon wasted time, lost productivity, poor public-health outcomes, and increased carbon emissions.”

 

You may not think about it much, but America’s aging infrastructure is what allows us to live the lifestyle we are so hopelessly addicted to here in the United States. Thinking about our national infrastructure is probably not high on your list of every day priorities, but there are people that take it very seriously. And they are concerned.

 

Every 4 years, the American Society of Civil Engineers releases a Report Card for America’s Infrastructure that depicts the condition and performance of the nation’s infrastructure in the familiar form of a school report card by assigning letter grades to each type of infrastructure. The news was not good when the last report card came out. The ASCE gave the US infrastructure an overall grade of D+, estimating that it would take an investment of approximately 3.6 trillion dollars just to get to a grade of B. You can read the full report for yourself in the 2013 National Infrastructure Report Card.

 

Interactive 2013 Report Card

 

In 2016, the ASCE released FAILURE TO ACT: The Impact of Infrastructure Investment On America’s Economic Future, which laid out what is at stake if the United States does not take action and make the investments needed to bring our aging and crumbling infrastructure back up to standard.

 

The 2017 ASCE National Infrastructure Report Card will be released on Thursday, March 9th at 9:30 am EST. That’s when we will get an up to date assessment by the professionals about the current state of our national infrastructure. You can follow along live with the release of the report card HERE.

Count me among those that are very excited to see what, if any, progress has been made since the last report was issued.
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Former Reagan Official Warns: ‘Fiscal Bloodbath’ Imminent, Gov’t To Run ‘Out Of Cash’

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Former Reagan Official Warns: ‘Fiscal Bloodbath’ Imminent, Gov’t To Run ‘Out Of Cash’

Stockman, left, with Reagan, Image source: Reagan Library

WASHINGTON – The United States is on the brink of a “fiscal bloodbath” that will cause the government to run out of cash, according to former Reagan budget director David Stockman.

Stockman served as the director of the Office of Management and Budget under Reagan and believes debt will bring the United States to its knees.

“I think we are likely to have more of a fiscal bloodbath rather than fiscal stimulus,” Stockman told USAWatchdog.com. “Unfortunately for Donald Trump, not only did the public vote the establishment out, they left on his doorstep the inheritance of 30 years of debt build-up and a fiscal policy that’s been really reckless in the extreme.

“People would like to think he’s the second coming of Ronald Reagan and we are going to have morning in America.  Unfortunately, I don’t think it looks that promising because Trump is inheriting a mess that pales in significance what we had to deal with in January of 1981 when I joined the Reagan White House as budget director.”

Stockman’s belief is that the national debt is so high it will be impossible for America to pay it off.

Get Ready For Blackouts With Backup Electricity Today!

“I think what people are missing is this date, March 15th, 2017. That’s the day that this debt ceiling holiday that Obama and Boehner put together right before the last election in October of 2015. That holiday expires. The debt ceiling will freeze in at $20 trillion. It will then be law. It will be a hard stop. The Treasury will have roughly $200 billion in cash. We are burning cash at a $75-billion-a-month rate.

“By summer, they will be out of cash. Then we will be in the mother of all debt-ceiling crises. Everything will grind to a halt. I think we will have a government shutdown. There will not be Obamacare repeal and replace. There will be no tax cut. There will be no infrastructure stimulus. There will be just one giant fiscal bloodbath over a debt ceiling that has to be increased and no one wants to vote for.”

Stockman also believes the stock market rally is the “greatest suckers’ rally of all time.”

Goofy Gadget Can Jump-Start Your Car — And Charge Your Smartphone!

“It is based on pure hopium and not any analysis at all as what it will take to push through a big tax cut,” he said. “Donald Trump is in a trap. Today the debt is $20 trillion. It’s 106 percent of GDP. … Trump is inheriting a built-in deficit of $10 trillion over the next decade under current policies that are built-in.

“Yet, he wants more defense spending, not less. He wants drastic sweeping tax cuts for corporations and individuals. He wants to spend more money on border security and law enforcement. He’s going to do more for the veterans. He wants this big trillion-dollar infrastructure program. You put all that together and it’s madness. It doesn’t even begin to add up, and it won’t happen when you are struggling with the $10 trillion of debt that’s coming down the pike and the $20 trillion that’s already on the books.”

Stockman served as a U.S. Representative from Michigan from 1977 to 1981 and director of OMB from 1981 to 1985. Stockman predicted a Trump victory last year in his book, “Trumped! A Nation on the Brink of Ruin.”

What is your reaction? Share it in the section below:

Learn How To ‘Live Off The Land’ With Just Your Gun. Read More Here.

Bank Payments and Having Children when SHTF

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Image result for greece financial crisis

Hi ferfal my name is Aris from Greece I am 31 years married no children yet. I had send you before an e mail many years before but didnt get an answer its ok I had your book for guidance hope you are ok.

I know you are very busy so I’ll make it quick.

I have a question need your advice .

What did you do in Argentina with banks? my father has a  house loan and till now we pay it  many people here dont paid the banks because they waiting bankrupsy and to come drachma alredy the banks here make some cut to the loans if someone  has 10000 euro loan and can afford to pay the say pay us 5000 euro cash and we are ok.

Many clever guys took advance of this so me and my father feel like suckers that we struggle  to be ok with our payments.

questions

1 shall i stop paying the bank and keep the money in offshore or as we say in the matress waiting?2 keep paying ?

Thanks.

Also a personal  question my wife and I want to make a child start a family but situation here is very bad economical shall I wait for better days or to start having children, how was in Argetina the birth  rate after the economic collapse?

I try to buy the new book of you but don’t have money right now waiting the summer for work. I love my country and I don’t want to leave.

Thanks for all the advices from the first book sorry for my english!!!

-Aris

Hello Aris,

I’m sorry I didn’t reply to your previous email. Some days it piles up and if the following day I also get a bunch its sometimes hard to keep up. Sometimes they end up filtered as spam for whatever reason.

Regarding your first question. What you certainly DON’T want to do is to lose your house to the bank. You need an advisor to go over your contract and make sure that whatever it is that you do, you do not endanger that.  Having said that, yes, many times you pay every month and then comes this guy that hasn’t paid a cent all year and gets a bigger discount than you. Banks are all about making money, not being fair, let alone being your friend. If they can charge you 2x they will, and if they believe they can only get 1x out of another person then they will go for that. In Argentina its common practice to pile up property municipal fees and wait for some payment scheme that offers a bigger discount to debtors. In that case yes, the person that paid in time feels like a sucker. After making sure you are not endangering possession (don’t know how this works in Greece) maybe you can save up that money in an offshore account. If you have to make the payment you still have the money, if eventually a better deal can be made and save money then you can try that too.

As for your question regarding children my advice is to go for it. I had my first boy right after the  big collapse of 2001. It wasn’t easy, as you say money was tight, but it was worth every second and I’m glad we had him back then rather than wait. As I explained in my previous post, you have to live today, not plan to live 5 years from now and this is especially true with having kids. Have them young, enjoy them. In Argentina birth rates went up soon after the crisis. This is pretty common, for people to invest more in family when times are tough.

FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

Cash? Gold? Silver? Bitcoins?

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Cash? Gold? Silver? Bitcoins? Everything we do in life involves money, being in the preparedness community, the question now is what kind of money. That probably makes no sense but im sorry to say my friends… the world is changing whether we like it or not. You have to adapt in order to survive and …

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9 Reasons The U.S. Economy Remains In Big, Big Trouble

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Dec., 16, 2016

9 Reasons The U.S. Economy Remains In Big, Big Trouble

Image source: Pixabay.com

NEW YORK — Despite all the optimism generated by the election and recent stock market rally, there remain many signs the U.S. economy is in big trouble.

In fact, there are several good reasons to believe that a downturn or even a major economic crisis is right around the corner. Here are nine reasons why the United States might be on the verge of a major economic crisis.

1. The strong U.S. dollar. It may be hard to believe, but a strong dollar can create major problems for the U.S. economy. The dollar is at an eight-year high against the Chinese yuan (six yuan to one dollar), which makes Chinese goods cheaper on the world market than American. This increases the price of U.S. exports, such as agricultural goods. Some U.S. manufacturers may have to cut production and eliminate jobs because of lower exports. Another effect is that there will be less investment in the U.S., because investors can buy more in other nations with cheaper money.

2. Higher interest rates. Much of the recent economy recovery has been fueled by lower interest rates, but rates are suddenly climbing back. The rate on a 30-year fixed mortgage was 3.54 percent in September and 4.13 percent in November. Higher interest rates means fewer mortgages, less new construction and fewer jobs. It also means less business activity because it will be more expensive for businesses to borrow money. That can translate into fewer jobs and less demand for raw materials.

Be Prepared! Store An ‘Emergency Seed Bank’ For A Crisis Garden

3. Inflation. The rate of inflation in the US doubled between July and October. Inflation was .8 percent in July but rose to 1.6 percent by the end of October, the U.S. Bureau of Labor Statistics reported. One factor driving inflation is the strong U.S. dollar. Inflation can affect interest rates because the Federal Reserve might raise them in order to stop inflation.

4. A new real estate bubble. Average home prices in the U.S. hit a record high of $191,780 in September, the Corelogic Case Shiller 20 City Home Price indicates. Prices have not been that high seen since July 2006, right before the beginning of the financial crisis. The situation is worse in certain cities such as Seattle and Denver. Home prices in Seattle have increased by 11 percent over the past year, creating a serious housing shortage.

5. Technological unemployment. Large numbers of jobs are being lost to digital processes, automation and robots. Walmart, America’s largest private employer, is eliminating 7,000 accounting positions in its stores. Those employees used to count cash and process invoices in the back office. Now the cash will be counted by machines and the invoices will be processed by a computer at Walmart’s head office. Many other employers will follow suit as robots and computer algorithms do more jobs such as driving trucks cheaper. For example, Uber recently tested a semi-tractor that drives itself.

9 Reasons The U.S. Economy Remains In Big, Big Trouble

Image source: Pixabay.com

6. The student loan crisis. Americans owe $1.2 trillion on student loans, but payments are only being made on 40 percent of those obligations. News reports indicate that many younger people are putting off buying things like homes and cars because they need all their money to pay off loans. Others are even forgoing marriage and children because of the debt.

7. Wage and income stagnation. Household incomes for at least 50 percent of the U.S. population (around 117 million people) have not increased since 1980, the Washington Center for Equitable Growth reported.

8. The mass closing of stores. Macy’s has plans to shutter 100 of its department stores. Sears, which owns Kmart, closed 80 Kmart stores in July and has plans to shut down another 64. Walgreens might close up to 500 stores. There is speculation that Sears Holdings might declare bankruptcy or shut down completely next year. That company operates 1,687 Sears and Kmart stores.

9. The public pension crisis. State and local governments owe workers and retirees $4.798 trillion in pension obligations but have only $3.7 trillion in assets to cover that bill. To make up the $1.91 trillion they will either have to cut pension benefits or government services.

Americans had better be ready for economic turmoil.

Do you agree the economy is in trouble? Share your thoughts in the section below: 

If You Like All-Natural Home Remedies, You Need To Read Everything That Hydrogen Peroxide Can Do. Find Out More Here.

Gold, Silver and Diversifying Income

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Gold, Silver and Diversifying Income James Walton “I Am Liberty” Audio in player below! There was a time when your faithful host was just a scared newbie lost in a sea of articles about the impending economic collapse and the death of the US dollar. I knew my history so the idea of wheelbarrows of … Continue reading Gold, Silver and Diversifying Income

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THE COURSE OF EMPIRE: Brink of societal collapse?

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THE COURSE OF EMPIRE: Brink of societal collapse? Bobby Akart “Prepping For Tomorrow” Audio in player below! On this  episode of the Prepping for Tomorrow program, Author Bobby Akart discusses the rise and fall of empires. Including the reality that one day the United States of America may collapse. How could this happen and what … Continue reading THE COURSE OF EMPIRE: Brink of societal collapse?

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The World’s 2nd Largest Country Just Banned Almost All Cash

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The World’s 2nd Largest Country Just Banned Almost All Cash

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As the world was distracted by the U.S. presidential election last week, India’s prime minister made 84 percent of the cash in circulation worthless.

Narendra Modi on Nov. 8 declared that the two largest bills in circulation — the 500 and 1,000 rupee notes — were no longer legal tender.

Citizens in the world’s second most populous nation had no advance warning; Modi simply went on television and told them that the two bills would become worthless at midnight. Indian is the world’s seventh largest economy.

The move wiped out the value of 22 billion banknotes worth $278 billion, The Australian’s Greg Bearup estimated. Those bills composed 84 percent of the cash in circulation in India.

India citizens can take the notes to banks and deposit them, but any deposit of over $500 will have to be explained, Bearup reported. Those who cannot justify the deposit will have to pay a 200 percent penalty on it.

Get Out Of The Rat-Race And Make Money Off-Grid!

“In effect, it would cost them more than the value of the deposit,” Bearup wrote. “They may as well throw the money out the window, and this is happening.”

Killing Cash

Modi is trying to kill India’s cash economy with the move and force the nation’s people to put their money in banks. Most Indians do most of their business in cash, which is hard to track and tax.

By getting rid of large bills, Modi is hoping to discourage corruption, organized crime and terrorism. As Bearup noted, the move is aimed primarily at tax dodgers and crooked businessmen. Bearup reported on investors who build steel rooms in their rooms and fill them with rupees.

The world should pay close attention to what is happening in India, because Modi is simply implementing a proposal made by mainstream economists. Earlier this year Kenneth S. Rogoff, the former chief economist of the International Monetary Fund, published a book called The Curse of Cash. In it he recommended that governments stop printing paper money and only issue coins. Rogoff believes that cash is bad because it facilitates crime, corruption, illegal immigration, terrorism and tax evasion.

In May the European Union announced that it would stop printing its largest bill, the 500 Euro note. CNN reported that the action was taken because the bill “could facilitate criminal activities.”

“There is a pervasive and increasing conviction in the world of public opinion that high denomination banknotes are used for criminal purposes,” European Central Bank President Mario Draghi told a journalist a few months earlier.

What is your reaction? Do you believe this could happen in America? Share your thoughts in the section below:

Discover The Secret To Saving Thousands At The Grocery Store. Read More Here.

20 Tips for Soldiering Through an Economic Meltdown

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20 Tips for Soldiering Through an Economic Meltdown

By Gaye Levy – Backdoor Survival

Three years ago, I wrote about our deteriorating economy.  As I recall, the words were “current lousy economy”.  The good news is that so far, a global economic meltdown has been abated.  And the bad?

From what I can determine by simply opening my eyes and looking around, we are nowhere near the recovery that politicians and the economists in their hip pocket are touting. If anything, we are barreling forward to a collapse not unlike the big crash of 1929.

Continue reading at Backdoor Survival: 20 Tips for Soldiering Through an Economic Meltdown

About the author:

Gaye Levy started Backdoor Survival so that she could share her angst and concern about our deteriorating economy and its impact on ordinary, middle-class folks. She also wanted to become a prepper of the highest order and to share her knowledge as she learned it along the way. On Backdoor Survival you will find survival and preparedness tools and tips for creating a self-reliant lifestyle through thoughtful prepping and optimism.

To read more from Gaye, visit her website, Backdoor Survival. You can also follow Gaye on Facebook, Twitter, Google+ and Pinterest or purchase her eBook, The Prepper’s Guide to Food Storage on Amazon.com.

Filed under: Economy, Prepping

Toblerone: Before and After Brexit

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This is priceless.

Its amazing that UK went Venezuela in their attempt to control inflation.

The government clearly pressured for Toblerone to be sold at the same price in spite of 30% inflation. They demanded that they didn’t make the packaging any smaller and kept the same price.

So how’s the Toblerone now sold in UK?

This is the result.

Toblerone 2020?

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

50 Interesting Facts About Life In The Great Depression

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Although the Great Recession is officially over, our economic problems have just begun. Wall Street and the Federal Reserve essentially papered over the systemic problems that led to the stock market crash in 2008. They may have kicked the can down the road, but they are almost out of road. I believe shortly after the […]

The post 50 Interesting Facts About Life In The Great Depression appeared first on Urban Survival Site.

UK no longer a great place to live

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Message:

Hi Fernando, I have been reading your blog and books for quite some time now. They have been a great source of information and have helped me to take a different view on many important issues. Thanks for your insight into your experiences. This is what has prompted me to contact you today. From reading both your books I have started to see some worrying trends here in Scotland (UK) where I currently live.

Despite what the media say we are seeing a sharp rise in the price of essentials like food, fuel, clothing and petrol. There are a lot of people out of work and there are hardly any jobs, those who do have jobs are having things like sick leave changed to being unpaid from paid, and there are much less staff to do more work and for longer hours with no extra pay. The media (mainstream) are being censored more now than ever. We are one of the most watched countries in the world yet we are told we are still at imminent danger of a terrorist attack. Our children are being taught terror drills in school. We are now at a point where if you speak your mind too much your sanity is questioned and you are placed in a mental health facility for treatment. This is especially true if you happen to be questioning government, police, courts etc. Our wages continue to stay at the rate they have been for years and yet everything we rely on continues to rise. Banks have made it near impossible to get a mortgage for the average person, and there seems to be more and more security to take out your cash. The other thing I’ve noticed is shortages of items like baby milk. The media claim this is because people are buying bulk to send to China, we are now limited to buying only 2 cans at a time.

Having read your books there seems to be some similarities here. The news this morning claims it’s set to get worse as fuel is to go up another 5p per litre by the end of this month and food and clothing are to increase in price again. Also things we used to get on the NHS at our GPS etc are now no longer available for example I called for an appointment for a general health check after having a baby 6 weeks ago, they told me that service no longer exists due to cutbacks. My friend was recently declined by GP to check blood pressure (he has heart issues) they told him they no longer offer that service its too costly to keep checking everyone. Do you think the people in Scotland and the rest of the UK could be facing financial collapse?. What advice would you give me at this time?. What are the best things I cando at this moment to help myself and my family? (I have 5 young children). Any advice is greatly appreciated.

Kind Regards

Ashley

.

Hello Ashley,

Thanks for your email. I’m sorry to hear about the ongoing situation in UK. I do know it’s pretty complicated and in all honesty its about to get worse. There’s just no other way. If there’s one thing I know it’s the calamities high inflation brings with it. If your currency drops 10%, 20% or more… there’s just no way around it, the standard of living for most of the population will drop accordingly. More middle class will become poor and those that were already struggling will fare significantly worse.

I was just working on an article regarding advice for post Brexit UK. My books (“The Modern Survival Manual” and “Bugging Out and Relocating”) have information which will come in handy no doubt, keeping in mind the different context there are still similarities as you have noticed. You are already seeing some similarities like the cuts of spending and therefore worse healthcare, inflation, “new and improved” items and products getting smaller while going up in price and the media covering it all up.

For now let me just say this. Yes, I think UK will go through some very complicated times to say the least, as you are already noticing. I’ll try finishing the article and posting it tomorrow, with some advice for you and other readers living there.

Kind regards,

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

Prepper Update of World Events for Week of October 10, 2016

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The following summary of recent world events is decidedly negative.  This is not due to overt pessimism as much as the facts are just plain bad.  In fact, I didn’t

Economic Collapse The Takes

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Economic Collapse… The Takes Forrest & Kyle “The Prepping Academy” Listen in player below! Many Preppers define their preps and mind set by the catastrophe which they are preparing for. It’s safe to say one of the most concerning scenarios is that of economic collapse. With everything in the news this past week about the … Continue reading Economic Collapse The Takes

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What news sources can you trust?

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Hi Fernando, love your book and blog. What sources of news do you trust and follow for international and US news?  Same question for economic information. Thanks  -Rick

.

Hi Rick. Thanks, glad you liked my book.

I try to read several news outlets so as to gather information as objectively as possible. Every news source has its own agenda, some more noticeable and more extremist than others. This chart gives you an idea of what to expect.

Pew political charts

http://www.businessinsider.com/here-are-the-most-and-least-trusted-news-outlets-in-america-2014-10

Usually I start with a news widget in my cell phone that shows me headlines from various outlets including CNN, AP, CBS, Slate, Fox and Yahoo News just to mention some.

In general I balance CNN, BBC, Fox, but also check RT and Al Jazeera along with local media sources from wherever it is that I am. I can’t say I trust much any of them. It’s the collection of them which I try to look through to learn the truth of whats going on out there.

You have to know what to expect from each one, know their bias. That way its easier to distil the actual news.

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

The Men who Crashed the World

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Folks, you probably saw this video before but if not its highly recommended.

Pay particular attention to minute 12 of the video, explaining the competition between NY and London. This actually explains well, years before it actually went down, why Brexit took place: So that the “city” can escape the EU regulators.

Also, on minute 27:20. I find it interesting how events played out in relation to Europe-USA: It wasn’t that Europe went down because USA did, Europe was actually the canary in the mine. I believe that to be true today as well.

Make time to watch this other clip too. Its very informative, explains the scam that is the current economic system. Its fun too. Maybe something teenagers would watch while learning very important information regarding how the world works.

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

10 Lessons From Venezuela’s Economic Collapse

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Do you remember the days when a vacation to Venezuela was one of the best prizes you could win on The Price Is Right? If so, you may be surprised that such a thriving nation could be brought to its knees almost overnight. Sadly, if the wrong combination of events line up, even the greatest […]

The post 10 Lessons From Venezuela’s Economic Collapse appeared first on Urban Survival Site.

4 Preps You Can Do Right Now for an Economic Collapse!

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4 Preps You Can Do Right Now for an Economic Collapse Many experts agree that an economic collapse for the U.S. is not a question of “if” but a question of “when” with perhaps some disagreement over exactly “how” it will happen. Some believe it will involve a stock market crash. Regardless of when or … Continue reading 4 Preps You Can Do Right Now for an Economic Collapse!

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Knowing when and what to barter when the time comes is critical !

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Hello my friend and welcome back!  I recently wrote a post on bartering and received some very interesting feedback.  While going over them, I tried to see where the differences of opinion came in…

The post Knowing when and what to barter when the time comes is critical ! appeared first on American Preppers Online.

CHEMICAL WARFARE RED ALERT: Zika Panic DEET Chemical Part of a Brain Damaging Binary Weapon Being Carpet Bombed Across America’s Cities

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DEET chemical

By Mike Adams – Natural News

(NaturalNews) With every ignorant news organization across America now pushing Americans to slather their skin with DEET chemicals as a defense against Zika mosquitoes, there’s something every American needs to know: DEET is one chemical component of a binary chemical weapon system currently being carpet bombed onto U.S. civilian populations.

That’s an aggressive assertion, I fully realize. So in this article, I’m going to lay out the science for you that proves all this, citing published scientific studies, government research papers, historical accounts of military actions and molecular citations from the world’s most authoritative sources on chemistry. As far as my own science background goes, I am the lab science director of CWC Labs, an internationally accredited, ISO-17025 accredited forensic food analysis laboratory. I personally run mass spec (LC/MS-TOF) systems with a special focus on pesticides, herbicides and chemical toxicology. In fact, I have just completed a science paper on the world’s first LC/MS-TOF accurate quantitation and anti-counterfeit analysis method for cannabidiols in hemp extracts, and that paper is going to be published later this year at a science expo event. I’m also the author of the Amazon.com #1 bestselling science book Food Forensics.

Continue reading at Natural News: CHEMICAL WARFARE RED ALERT: Zika Panic DEET Chemical Part of a Brain Damaging Binary Weapon Being Carpet Bombed Across America’s Cities

Filed under: Economy, News/ Current Events

British Pound beats Argentine Peso for Worst currency of 2016

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maxresdefault

Never in a millions years would I have thought I would end up writing that headline one day but there it is.

The British pound has beaten Argentina’s peso to a title nobody wants: the world’s worst performing currency.

Yes, The British Pound is the worst performing currency for 2016, doing worse so far this year than any other major currency. That means it’s even worse than Argentina’s peso, which so far this year is down 11.7% against the dollar. Since voting to leave the European Union the pound has plunged 14% against the U.S. dollar. It’s down about 12% since the start of the year, and is trading at its lowest level since 1985.

If this doesn’t make your spider sense tingle I don’t know what will. People in developed countries just do not understand what it means for a currency to devaluate 5% ,  let alone 10 or 15%. I don’t blame them. It just isnt that common in 1st world countries. I on the other hand know exactly what it means.

There’s no free ride folks. This has devastating consequences. Its not a matter of if, the devaluation already happened and people will pay for it. They will pay it at the grocery store, older people will pay it with their pensions. For each point of devaluation, a proportional number of middle class people fall into poverty.

For those that are about to learn a lot of this the hard way, get my book  “The Modern Survival Manual: Surviving the Economic Collapse” so as to minimize the blow as much as possible and get ready for what’s coming.

FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

What we can expect from an Economic Collapse and how to prepare for it.

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Hello my friend and welcome back!  One of my readers asked me recently what my thoughts are on the subject of Economic Collapse.  I took the time to really think about the question and…

The post What we can expect from an Economic Collapse and how to prepare for it. appeared first on American Preppers Online.

10 Last Minute Things to Do Before TEOTWAWKI

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Last Minute TEOTWAWKI (1)If you are watching the news and following events you know that the country could be in major crisis with very little notice. The average citizen in Venezuela had little time to prepare for the collapse of their economy, and the author of this book lived through Argentina’s multiple collapses and can give you tips for preparing and surviving.

An economic collapse, an EMP, war — these worst case scenarios are part of the reason we all prep, so that we can handle the unexpected. But suppose you have a few hours notice? What are the 10 last minute things that are most important?

Here’s a list of my suggestions:

1. Contact your friends and family and let them know what is happening. Get the kids out of school, get home from work, in other words get your group together in one location.
2. If you are bugging out to a stocked retreat, load the car, fuel up, gather extra gas cans, and leave now. You can complete the rest of this list en route and when you arrive. Before you leave, make sure you have a destination. You do not want to become a refugee.
3. Make a last minute trip to the grocery store. Buy items that you are short of, but at the very least, grab useful items like batteries, candles, matches and all the canned meats you can carry. Grab any other other last minute supplies you need. Don’t forget extra fuel. Be sure to store it in proper containers for safety.
4. Check your prescriptions and go to the pharmacy and get any refills you can. While there, stock up on the over-the-counter medications your family typically needs.
5. Check your water supplies. Are all containers filled and in good condition? If you have a waterBOB, fill it now,and have 2 on hand if you have 2 bathtubs. If you don’t have a waterBOB, fill your bathtub and all extra containers that you have on hand. Locate your water filters and make sure they are ready to use.
6. If it appears the power will go out, get your generators or other sources of off-grid power ready. It should be done even if you will be using kerosene lanterns, a propane cooker, or anything else that doesn’t rely on generator power. You may need that generator in the middle of the night, so test it and have it ready to go at a moment’s notice.
7. If you have a freezer full of food, implement your plan to preserve it. If this is going to take some time, wrapping your freezer in blankets can help keep your food frozen for a longer period. If you own a Yeti cooler, as your freezer begins to warm up, keep as much meat as possible in the Yeti. This will buy you at least a couple of days before it must be cooked.
8. If the weather is cold and you will lose heat, get your blankets, sleeping bags and cold weather clothes ready. If it is hot, make sure that your group is dressed appropriately for the weather and has plenty of water to drink and battery-operated fans to help avoid heat-stroke.
9. Make sure that your first aid and medical supplies are easily accessible. This medical kit is especially well-equipped.
10. Implement your security plan.

These 10 last minute things can be accomplished in a short period of time if you do a bit of pre-planning. For instance, if you are familiar with the layout of your nearest grocery store and where the important items are, you may be able to gather things up quickly.

If you have more than one vehicle and multiple drivers, you’ll be able to simultaneously pick up the kids, get the cars gassed up, run by the grocery store, and be on the road quickly. Be prepared to act fast and without hesitation. If you are wrong and nothing happens, you won’t have lost much and you will have had a good drill.
Howard

UPDATED on July 27, 2016.

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Define Your Disaster

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define your disasterUntil I seriously became a prepper, the most likely disasters in my life involved my nail tech quitting or my husband insisting on a homemade dinner! How times have changed. Now when I think of disasters, I’m thinking more along the lines of The End of Days scenarios with an unsettling feeling they could happen now, in my lifetime.

For which disaster, or disasters, should I prepare? These days of hard, uncertain times it’s a little like playing the odds. Hmmmmm, should I prepare for a nuclear attack? If so, I’ll need an enormous amount of sheet plastic, duct tape, and I read somewhere that you’re better protected from fall-out if you have a few feet of earth piled up against your outside walls. Our HOA would just love that!

But, really, is my very first concern a nuclear attack? No. The odds are much better for a dramatic increase in crime and riots in certain parts of our city or peaceful protests that suddenly become very violent. Even better odds favor a continued deep decline in our incomes, higher taxes, and possibly losing our home to foreclosure. It just makes sense to, first, define the most likely disasters, and then prepare for each as best you can. A comprehensive survival guide like this one makes this easy.

Define your disaster with this first step

Since the catastrophic event most likely to affect us is loss of income, that’s where my focus has been. Some time ago, I turned our spare room into a pantry, and my goal has been to store at least six month’s worth of food. This translates into a 6 month margin in which I wouldn’t have to spend money on groceries. I’ve also fought hard to save every penny I can.

If we lived in an area prone to earthquakes, that would be near the top of my priorities. Urban dwellers may put personal and home protection at the top of their lists.

If you’ve been into the survival mode for a while, life changes over time and so will your concerns and priorities. It’s worth taking a second look, now, to see if your prepping needs adjusting.

Here are a few possible disasters to consider.  Which ones are most likely to affect you?

Natural disasters — Mother Nature at her worst: wildfires, floods, earthquakes, drought, hurricanes, and more

Personal disastersloss of job, decreased work hours, illness or injury affecting your ability to work, your mother-in-law moving in

Nuclear events — including, but not limited to, an electromagnetic pulse and actual mushroom clouds

Terrorist attacks — use your imagination. Terrorists certainly do!

Social unrestriots, car-jackings, increased violent crimes of all types, prison escapes

War of any kind

Biological catastrophe — spread of diseases, either purposely or the natural spread of something contagious like Ebola

After thinking it over and talking with my husband, here is the list I wrote for our family.

1.  Loss of income
2.  Loss of home
3.  An event of any kind that occurs while my family members are scattered at different locations around the city
4.  Violent crime against my children, my husband, or myself
5.  Flooding
6.  Massive failure of the power grid

With some planning and prepping, you realize you have more control over how these events will affect your family than you might think. The key is to identify likely calamities and then take action. Fortunately, prepping for one event gives you a head start prepping for additional events, thus saving money and time.

Simply taking this step puts you light years ahead of millions of people, and I believe it will give you and your family some peace of mind no matter what happens.

What is Number One on your list?

Take this 5-Question Threat Assessment Quiz

Click here to download and print this assessment. This will walk you through the steps of identifying which disasters are top priority for you and then narrow them down to which one you should prepare for first. By the way, this assessment is just one feature offered at Preppers University. Click here to learn more and sign up for our next course!

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Start getting prepared by defining the disaster that most threatens you and your family. 5-question quiz included.

 

More Americans Seeing The Need To Prepare For The Worst

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More Americans Seeing The Need To Prepare For The Worst

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America seems to be crumbling, and more and more experts are comparing 2016 to 1968, which was defined by social unrest and violence.

In fact, many Americans in 2016 believe that things will get much worse before they get better.

Here are four reasons Americans are worried:

1. Social unrest. Micah Johnson shot 12 officers and killed five of them, and some in the country celebrated.

A hate group called the Black Power Political Organization sent out this chilling message after Johnson’s killing spree: “‪#‎BlackPower! ‪#‎BlackKnights! Sniper Assassins Take Down Five Police Officers! And More Will Be Assassinated In The Coming Days!”

Get Free Backup Electricity — That Works Even During Blackouts!

Another read: “Do You Like The Work Of Our Assassins? Get Your Own Sniper Rifle And Join Our Thousands Of Sniper Assassins Worldwide In The Fight Against Oppression!”

Incredibly, it was not hard to find people on social media who celebrated the killings of the officers.

Police across the country expect more violence after the Dallas rampage. On July 9, TMZ reported that the following precautions are being taken by the Los Angeles Police Department:

  • LAPD officers are carrying extra weapons on patrol.
  • Police are now patrolling two to a car.
  • Cops are being told to keep their law enforcement status secret when off-duty.
  • Officers have been told to carry riot gear and bulletproof vests with them on patrol.

Some officers fear fake 911 calls might be used to lure cops into an ambush.

Former Philadelphia police commissioner Charles Ramsey said on NBC’s Meet the Press June 10 that America is “sitting on a powder keg.”

Ramsey fears that there will be violence at the Democratic and Republican conventions. He’s not the only one; authorities in Cleveland are preparing to mobilize 5,000 police for the Republican National Convention, Off The Grid News reported. Local, state and federal authorities are preparing to spend $50 million on security preparations for the event.

2. Terrorism. Orlando gunman Omar Mateen, who pledged allegiance to ISIS, murdered 49 people in a gay nightclub – and ISIS is urging more attacks on America.

An ISIS propaganda video that surfaced on June 27 called for attacks on San Francisco and Las Vegas. The video praised Mateen and contained pictures of the Golden Gate Bridge and downtown San Francisco, CBS San Francisco reported. Former FBI agent Jeff Harp told CBS that he thinks the video is an attempt to incite more terrorist attacks.

3. The U.S. and worldwide economies. Despite the recent surge on Wall Street, most experts say the Brexit vote in the United Kingdom will wreak economic havoc, once the UK launches the mechanism to leave the European Union. CNN compared Brexit’s effect to how the 2008 financial meltdown impacted banks. One British bank, the Royal Bank of Scotland (RBS), lost 40 percent of its value. Shares of Germany’s Deutsche Bank (NYSE: DB) fell by 25 percent. Bloomberg writer Lisa Abramowicz and many traders think Deutsche Bank could soon collapse.

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“History may be repeating itself right here before our eyes, given the huge selloff in stocks after the Brexit results were known, and then the bounce back of stocks a few days later,” said Chuck Butler, the managing director of EverBank Global Markets.

4. Threats to the electric grid. Parts of southern California could face up to two weeks of blackouts this summer because a natural gas storage facility is unavailable, The Los Angeles Times reported. That includes Los Angeles.

A cyberattack also could knock out the electric grid. Hackers were able to knock out power to 225,000 people in the Ivano-Frankivsk region of the Ukraine on Dec. 23, 2015, using malware.

Be Prepared! Store An ‘Emergency Seed Bank’ For A Crisis Garden

Many experts, including government officials, are worried the US will be the target of the next cyberattack. ISIS is trying to develop the capability for such attacks.

“We’ve seen the ISIS propaganda machine recruiting the brightest new computer minds and brilliant techs,” Miller Newton, the CEO of encryption company Pkware, told Fortune. “They’re building the capabilities to do cyberwarfare and it’s coming in a substantial way.”

Image source: NASA

Image source: NASA

In fact, the FBI and the Department of Homeland Security have begun issuing warnings to America’s power grid operators and other utilities about the serious threat of cyberattacks, Off The Grid News reported in April.

Other dangers to the grid include a solar storm that would take out the grid or an EMP attack from a country such as Iran or North Korea.

“North Korea wants to launch a satellite, and one of the greatest risks of the satellite is they would place a nuclear device in the satellite,” US Senator Ted Cruz (R-Texas) said earlier this year. “It would orbit around the Earth, and as it got over the United States they would detonate that nuclear weapon and set of what’s called an EMP, or electromagnetic pulse, which could take down the entire electrical grid on the Eastern seaboard, potentially killing millions.”

The Iranian military has studied the possibility of launching an EMP attack on the US electric grid, US Representative Trent Franks (R-Arizona) said. Franks said an Iranian document called “Passive Defense” describes such an attack, NewsMax reported.

“It outlined that the best way to deal with countries like America, a country that was much stronger than them, was an asymmetric strategy of attacking our electric grid,” Franks said of Passive Defense.

US Representative Lou Barletta (R-Pennsylvania) has warned that the grid would be down for weeks following an attack.

“If the goal of terrorists is to collapse our economy, then shutting down our electrical grid is where they would start,” Barletta wrote in a Roll Call op-ed. “Most troubling is the possibility that a cyberattack would be accompanied by a physical terrorist attack, a scenario that promises true havoc, panic and loss of life. The great challenge is that the threat continues to evolve, which only means that we are forced to evolve with it and be prepared for it.”

What do you think is the greatest threat to America? Share your thoughts in the section below:

Are You Prepared For A Downed Grid? Read More Here.

Free Produce and How to Glean It Fresh From the Fields

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Food left in the field to rot

This morning I ran across an article that states that ½ of all the produce grown in the United states is thrown away.   Half of all US food produce is thrown away, new research suggests .   This is something that I believe based on personal experience.  For the last few years we have been able to get lots of free produce.

If you ask, many farmers will let you glean their fields.  Sometime the vegetables are not perfect, being deformed, but still taste the same.  Late in the season after the main harvest there are often new vegetables and fruit appearing.  Because this is a bit sparse, this is often not picked.   Get to know the farmers around you and you will be surprised at what you can get for free or little cost.

Another Source of free produce

The area that we live in was a major fruit-growing region 30 or 40 years ago.  As more people have moved in and the competition from overseas as increased, many of the orchards have been split up or just abandoned.  Some of the orchards are still owned by elderly people who have retired and no longer can maintain their trees.

We have found that when you see trees loaded with fruit and no one is taking care of them, it pays to go talk to the owners.  Many of them are more than willing to let you pick some fruit if you share with them.

Over the last few years, we have gotten apples, pears, olives, lemons, oranges, pomegranates and other fruits.  These have made a significant contribution to our diet and preps at a minimum cost.

Free produce in your area.

Take a good look at the area in which you live, you might be surprised at how much free produce is available, even if you live in the city.  I know people who lived in the San Francisco Bay area and still found free food.

We dry and can a lot of what we find.

Howard

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The Truth About Precious Metals for Survivalists

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precious metalsA friend sent me this article on Precious Metals and I thought you might find it intesting.

Howard

There are a few common misconceptions associated with precious metals and how they may not be helpful to a preparedness plan for either a SHTF scenario or potential economic collapse.

  1. If I can’t eat it, drink it, or use it to defend myself, I don’t need it.
  1. I’ll just get stuck buying some worthless coins and never get anything out of them.

Although these are some generally popular perspectives, they are completely misguided and incorrect.

So how can precious metals be useful for survivalists when the economy collapses?

The truth is, precious metals are essential for survivalists and will help you stay prepared for all sorts of upcoming turmoil.

Below, you’ll find rebuttals to the common misconceptions about gold and silver and how they can literally save your life when the SHTF…

  1. “If I can’t eat it, drink it, or use it to defend myself, I don’t need it.”

Precious metals have been used as a stable store of value and a medium of exchange for thousands of years. Although you cannot actually eat, drink or use it to defend yourself you can use it in barter or trade to get any potential needed items.

For example, if you are trying to trade with a neighbor for ammunition and you only have water, food, ammunition and first aid, chances are, he/she has those exact items also. You need to pay with something that can be used as a medium of exchange so that your neighbor can buy whatever he/she may need from someone else.

You won’t always know what people may need in a barter or trade situation. That’s why having a form of currency is essential!

  1. “I’ll just get stuck buying some worthless coins and never get anything out of them.”

I say this to prospective precious metals buyers, it seems like, a thousand times a day:

“Stay away from collectible coins! Don’t do it!”

Collectible coins, or “numismatic coins,” are like art. Their value is largely subjective. Some people might pay millions of dollars for the Mona Lisa. Personally, I wouldn’t pay 20 bucks for it!

Don’t put yourself in a hard spot to try to get a buyer who will pay as much as you did to get some mint special coin. The liquidity just isn’t there when compared to gold and silver coins, bars, and rounds that are traded at their melt value.

So buy BULLION!

Bullion is the term that is used when trying to buy precious metals closest to the spot (sometimes called stock market) price. Ask your buyer, if they don’t have it listed, how much over spot you are paying per ounce. The price of gold and silver is fully transparent and can be determined around the clock around the world. Getting the lowest price per ounce is generally the smartest choice.

After the 2008 real-estate fiasco, the economy was trash! In 2011, however, silver jumped up to $40 an ounce even though the rest of the country and economy were still trying to pull themselves out of the grave. Precious metals are not only a good option for a survivalist perspective but they also help to hedge against inflation and perform well in periods of economic turmoil.

What You Need to Know for a Survivalist/SHTF Scenario

In a barter/trade situation it’s important to remember that having different sizes and metals is always smart. Having Pre-65 junk silver is a great option, it is in smaller fractional sizes, and, because it is 90% silver (containing 10% copper), it will wear well being handled more frequently.

Silver rounds, especially in the smaller fractional sizes, is also an attractive option. And consider getting gold for some larger cost barter situations too. Fractional gold coins are small but carry a larger amount of value compared to silver.

With our government racking up a national debt of over 19 TRILLION dollars and climbing, it’s time to start preparing for our currency to be obsolete in SHTF scenarios…

Remember: “You won’t always know what people may need in a barter or trade situation. That’s why having a form of currency is essential!”

Money Metals Exchange website: https://www.moneymetals.com/

Dan Novak is an avid survivalist and precious metals specialist at Money Metals Exchange. Staying educated on economic turmoil and maintaining a survivalist mentality are incredibly important in the world we live in today.

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The Vegetables You Gotta Grow If Society Collapses

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The Vegetables You Gotta Grow If Society Collapses

Image source: Pixabay.com

We live in troubled economic times. A raging debt, stagnant wages, severe unemployment and underemployment, and an unsteady housing market are all signs that the economy could collapse.

Many off-gridders and homesteaders are preparing and stockpiling for an unknown future, but one often-overlooked area is examining what grows in the garden. If society collapses, it may be necessary to change what we plant.

When considering the right vegetables to grow when planning for an economic or societal collapse, there are many factors to consider.

Long-Term Storage

An economic or societal collapse may disrupt the electric grid, or at the very least make power unaffordable. With the exception of those living completely off the grid with no need for fuel, many homesteads will have to turn to traditional storage methods for preserving vegetables. Therefore, vegetables that can be stored long-term in a cellar or cold room should be part of the garden. Even in the hotter climates in the United States, cellars can be dug underground.

Need Non-GMO Seeds? Get The Best Deals Here!

Good choices for long-term storage are potatoes, onions, carrots and similar root vegetables, as well as dry beans, dry corn and winter squash.

Appropriate to Your Climate

Americans love to grow a wonderful array of vegetables that are not native to their particular climates. For example, tomatoes are the favorite vegetable to grow, even though they are perennials native to the tropics. We start them in early spring and grow them as annuals. We also do this with peppers and eggplant.

The Vegetables You Gotta Grow If Society Collapses

Image source: Pixabay.com

However, if no electricity is available, grow lights are out of the question, and many households in the north may not have enough sunlight or heat to start the plants.

So for those Americans in cold climates with short summers, opt for vegetables that thrive in those conditions. Potatoes, Cole crops, root vegetables and peas are good choices. Those in the south with long growing seasons have more choices.

Spring and Fall Crops

In most areas of the country, vegetables can be grown to maturity in the spring, summer and fall. Without refrigeration, a variety of fresh vegetables throughout as much of the year as possible is desirable. So in a typical American garden, you can get lettuce and peas in the spring, summer vegetables in the summer, and Cole crops in the fall.

Perennial Vegetables

Starting a garden is hard work — especially getting the soil right. With perennials, you can do all the hard prep work one time and then let the perennials like asparagus and artichokes reward you, year after year.

Barter

With economic or societal collapse, Americans would likely turn to the old way of buying and selling items — bartering. So look around you and your community and see if there are vegetables you could grow to barter. For example, if your neighbors raise rabbits and feed them pellets from the feed store, they would likely be happy to trade for fresh food when the economy forces feed stores to close. Or perhaps your neighbors have a few pigs, and would appreciate root vegetables to supplement their feed.

Many neighbors likely will be desperate for fresh food when the grocery stores close and the power goes out. Long-term vegetables, discussed above, would be a good idea because you could trade them through the fall and winter.

Fruits and Nuts

Many homesteaders focus on annual vegetables because they mature quickly within a few months. However, if you have the space, soil, sunlight and water, consider longer-term investments like fruit vines, fruit trees and nut trees. Once established, these can provide a bounty of fresh fruits during the summer and fall, as well as preserves throughout the year.

Conclusion

Whatever vegetables you decide to grow, learn how to do it now. It will take a few years of practice to find reliable cultivars for your area, and learn the skills of seed saving and long-term storage.

What advice would you add? What vegetables would you recommend growing? Share your tips in the section below:

Every Year, Gardeners Make This Dumb Mistake — But You Don’t Have To. Read More Here.

PRACTICAL PREPPING. PERIOD. LAUNCHES ON THE AUTHORS ON THE AIR GLOBAL RADIO NETWORK

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When you choose to live a preparedness lifestyle and building resilience you have to constantly challenge yourself, test and reset boundaries and change the game. Your willingness to do so could prove to be the difference in making your life all it can be or even in your survival some day.

In 2012, we created Practical Tactical. In 2014 I published two books, the Practical Tactical Quick Start Guide and then co-wrote Practical Prepping: No Apocalypse Required. In 2015, my daughter Riley arrived and our world changed forever. What can possibly top that? Well, nothing. Absolutely nothing. Now it’s 2016 and it is time to get back in the ring, keep creating, thinking, growing and prospering. It’s time to change the game…again.

 

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I am thrilled to announce that we are taking our vision of personal preparedness world wide as proud members of the Authors on the Air Global Radio Network as I launch my new show, Practical Prepping. Period.

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Practical Prepping. Period. is where preparedness theory meets the real world. We hope to bring you a variety of unique and wide ranging voices in the world of preparedness that will not only help you strengthen your preparedness when it comes to the basics, but also present a broader view to expand your ideas of what personal preparedness can be as we discuss some of the larger concepts, as well as the factors in today’s world that will make you realize why having a family disaster plan and a high level of individual resilience is a good idea. For example, the “three Es” (Environment, Energy, Economy) and how they work together will underpin our view of the world and our discussions. I feel this is important because regardless of where you are on the road to preparedness, the “three Es” will ultimately have an impact on your path. Other topics certain to be discussed on P3 are homesteading, gardening, first aid, firearms and self defense, climate, philosophy, water and food storage, not to mention spiritual preparedness.

I hope you will come along for the ride and make it a point to join us on the first Wednesday of each month at 9pm for our live shows where you will have the chance to call in and speak with our amazing guest. If that doesn’t work out for some reason have no fear, you can always download the podcast from the Authors On The Air Global Radio Network or ITunes and listen in whenever you get the chance.

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Protecting Your Family Finances from the Effects of Brexit

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protecting your family financesEver since the results of the referendum on Brexit have known, the stock markets in much of the world have lost value.  This is a paper loss of billions of dollars according to some sources. Shares of Bank of America and Morgan Stanley plummeted by 13% apiece in the two days after the shocking Brexit vote. Even though banks and the broader markets are rallying on Tuesday, Goldman Sachs is still down 22% this year.  So how do you go about protecting your family finances?

Well first of all, please understand that I am not a financial or investment advisor.  I am just an old man who has observed the world for the last 70 years. Now over the next few months expect that Brexit will cause some severe disruptions in the world’s economy. I believe that Brexit is best decision that Britain could have made.  However, the globalists will try to blame it for financial disruption that they will cause.  They will do everything they can to manipulate the situation to their advantage.  They are already making efforts to strengthen their control over the rest of the European union.

    1. Stocks if you are already in the stock market good luck, probably your best bet is to hold the course and hope they go back up and then sell. Personally, I don’t like any investment that I cannot hold, touch or stand on.  Unless you are really knowledgeable the stock market is gambling for most of us.
    2. Money in the bank. It is always a good idea to have a cash reserve in case of financial emergencies.  These could include anything from medical expenses to car problems.  The problem is that the banks are paying almost no interest and in some places overseas are actually charging you to hold your money.  These negative interests will probably come here.
    3. Money at home. This is a problem.  Keeping large sums of cash in your home is dangerous.  It makes you a target.  If you choose to do it get a good safe  Safes, The Wrong ones are Worse than Useless
    4. Gold and silver. Personally, I think these are good potential investments.  They won’t help you during a food storage or similar emergency, but they will protect your wealth for the future.  Buy your precious metals only from the best sources.  There are many different types of fake coins and bars currently on the market (avoid eBay).  Learn how to protect yourself.  What You Need to Know to Buy Junk SilverHow to Keep From being Ripped Off While Buying precious metals.
    5. Land or homes. These are amongst my favorite investments.  If nothing else, you can live and grow your food on it.  This investment is best when you own it free and clear.
    6. Get the necessary insurance to protect what you own and to provide your family with some security if something were to happen to you.
    7. Stay out of debt.  Debt just makes you a slave to someone else and cost you money.
    8. Preps while I have made this the last one it is also the most important when it comes to protecting your family. You need to have access to a good food and water storage, as well as all the other necessities of life.  This should be your first priority after having a roof over your head.  If you have to choose one thing this should be it.

    To sum it all up the best thing you can do about protecting your family finances is to have a good stock of preps, cash and precious metals and own your own land.  Now I know that to many of us this seems hard or like an impossible dream.  However, there are ways of doing this by working and avoiding many of the pitfalls that people waste their money on.  This includes about anything that prevents you from making your goals.

    Howard

     

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Elections have Consequences, What Next for Brexit and Us

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brexit

European Union

Yesterday’s election for Brexit was a good decision.  Britain will now be able to attempt to regain control of its own destiny.  Being a member of the European Union made it subject to rules and regulations over which it had no real control.  In addition, it eliminated its borders and allowed people from other counties that were members of the European Unit to move to Britain, in other words open borders throughout the European Union.

Now that Britain has moved to regain control, they will be able to secure their own borders and deport many of the immigrates.  Now this will not come without a price.  The elites of the world who wish to control us all will attempt to stop Britain from leaving.

Already you can start to see fallout on both sides.  France, Italy, Netherlands now has large groups that want a referendum on leaving the European Union.  On the negative side, the stock market and the pound have both been affected by the vote.  The stock market is down. Now I think that to a large degree this has been manipulated by outside forces that want Britain to fail.  For the immediate future, everything bad that the elites can cause to happen will be blamed on Brexit.

President Obama stated while in Britain that it would take 5 years to negotiate a new trade treaty with Britain and it would take 10 year to go into effect.  The world’s elites have not suffered a defeat like this in some time and I believe that they will react strongly to it.  As a result, the world’s economies will be damaged.

Now is a time to pay attention, the actions that they take against Brexit will affect us all.  Be prepared for a rough economic ride for the next couple of years.  But don’t give up and feel that you cannot affect events.  Keep up the fight, vote for the best candidates you can, influence others and stay prepared.  When you feel like it is hopeless and you can’t affect the outcome, remember that the insignificant termites can bring down a large building.  Be a termite.

Howard

The post Elections have Consequences, What Next for Brexit and Us appeared first on Preparedness Advice Blog.

My thoughts on Dave Ramsey

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Ferfal,

Good Afternoon what are your thoughts on Dave Ramsey’s plan for

getting out of debt as a preparation for Economic problems? Are you

familiar with it? I’ve never heard you mention him, albeit you

certainly talk about having cash saved up. I think if everyone had

their debt paid off the extra income would certainly help absorb some

inflation. Give options anyway.

-A

.

I very much like Dave Ramsey and recommend his book “The Total Money Makeover”. I like how he recommends staying out of debt, having a tight budget and living below your means. His advice regarding not buying new cars or taking leases is spot on. Buy your car cash. If you can’t, you certainly shouldn’t go into debt for it.

The only point I don’t agree with him is gold.

Dave calls gold a “lousy” investment and mentions the poor returns compared to other investments. That much is true, gold is a lousy investment but that’s because gold isn’t an investment at all. Gold is a commodity. Investments generate money for you, think interests or a property you put up for rent. Buying and selling gold won’t make you much money. You’re more likely to lose some given premiums and shipping. But for an economic collapse? Oh yes, that’s different. When something terrible happens and the dollar, Euro or whatever fiat currency starts devaluating at double digit rate per week, gold will hold its own and then some. In reality it’s just keeping its true value, plus the higher than normal premium due to market interest as an economic shelter.

At one point Dave says that a pair of blue jeans or a tank of gas are “very valuable”, but not gold coins and that canned soup “would have been a better hedged against a failed economy”. As someone that actually went through an economic collapse and has studied failed economies elsewhere around the world for years, I can tell you this just isn’t true. I’ve haggled and bought two pairs of very nice jeans at a black market in Buenos Aires for a fraction of the cost of a similar quality pair in USA or Europe. After the collapse, the business of buying and selling gold went up 500% in Argentina. Gold became so valuable it became a premium target for pickpockets and burglars, so much that its still just impossible to go around town with any visible gold jewellery.

Gold is not an investment. It is a commodity considered valuable throughout history, which goes up and down in price but overall remains a globally recognized form of wealth.

Besides, as someone that dealt with an economic collapse first hand I can assure you is that you can’t grab any other asset or investment, throw it in your pocket and make a run for the airport while the country falls apart around you.

Then again, this is why you take advice regarding economic collapse from me rather than Dave Ramsey! 😉

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

Life Happens: How to Prep Again When You’ve Lost Everything

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When you've lost it all, here's how to begin prepping from scratch.

I remember the night so clearly. It was the end of an emotionally exhausting day. My husband and I were lying in bed, holding hands, feeling like it was the only thing we had to hold on to. He sighed and said, “The life that I am living doesn’t seem like mine. Everything we are going through seems like something that happens to someone else, not us.” I could not argue with him, he was right. We were watching much of our life around us crumble and there was not much we could do to prevent it. We had to wait until the crumbling stopped and we could re-build.

Our family was experiencing hardships of almost every kind. We had to move from our home, close a business, and we had nowhere to live. The foster child we were in the process of adopting mentally went off the deep end. For the physical safety of our family, we immediately moved him out, and this caused more legal and emotional trauma than we could have imagined.

One of our cars died; it was not worth fixing. A friend loaned us an extra vehicle he had. We stayed at my sister’s home until we could find a place to rent. Moving to a new area where we didn’t know anyone was just another stress. Our other car was beginning to have problems. Our savings were low. We were living paycheck to paycheck and our food storage was almost depleted.

Some of the chaos was our fault. We did not prepare as much as we thought we had or think some decisions through completely. The other chaos was called life. We had no control over the economy, other people and their actions, nature, or health issues. Even thinking about that time brings back some of the overwhelming feelings we had. Our family was working on getting our footing first, then rebuilding our emergency supplies. We learned many difficult and painful lessons along the way, and we came out of it much smarter and stronger than we could have imagined. Life will always throw us curve balls, but we are more prepared to handle them now. As a family we have become the “better prepper”.

How to start prepping from scratch

1) You can never have too much money saved.

There will always be something unexpected come up, and it will come up at the worst time, always. We kept a mason jar around for loose change. I remember using it to buy $85 of groceries. As things got better, we worked our way up to a dollar jar. We were surprised to see how fast the jars filled up. Those jars were what helped us build up our emergency money. They are still in use and are a reminder to keep change and cash on hand. Not only in our home, but also in our bug out bags and cars.

To raise additional funds, we sold items we did not need. We started cleaning out what we had and decided what we could live without. At the time, it was difficult to see some things go. Knowing that we were doing everything we could eased some of the pain. It was a few years later that I heard Dave Ramsey on the radio. Being prepared means having a healthy savings account and we decided to try his baby steps plan. That was the beginning of the way we now handle our finances. Go over your finances and make certain you have enough to get you through an emergency.

Here are a few Survival Mom resources for you:

  • Check out my monthly series of past articles, “52 Weeks Savings”, with discounts, bargains, and deals for each month of the year. Here’s a sample month for June’s best bargains.
  • Learn more about the 52 Weeks Savings Challenge here and customize it to your own income and circumstances with these tips.
  • Print out my collection of tracking charts at this link.
  • Join Survival Mom’s 52 Weeks Savings Club on Facebook. We’re over 3600 members and going strong!
  • Dave Ramsey has solid advice for taking control of your finances. I recommend his basic book, The Total Money Makeover for an easy-to-follow plan and a quick, motivational read.

2) Have 3 months of food stored.

Money was tight and we ate our food storage. Our meals were inexpensive and home-cooked. Everything was used, nothing was thrown out. Soups were made with left over vegetables, meat was stretched by putting it in casseroles and salads. Knowing how to prepare nutritious meals from scratch was a skill I possessed, but had taken for granted.

To supplement our food storage, I took advantage of additional opportunities. Many communities have some type of food co-op program where food is exchanged for volunteering hours or food is deeply discounted. The local university offered in-season produce grown by the students at $90 a year. My husband put in a small garden of tomatoes, lettuce, squash and bell peppers. Our neighbor was more than happy to give us oranges and lemons from her trees. Lemons were prepped and kept in the freezer for future meals.

DON’T MISS THIS: Survival Mom’s guide, “Simple Food Storage Meals“.

As things improved and finances allowed, we purchased meat and canned goods that were on sale. Our 3 month food supply of food, water, and everyday living supplies was built up a few items at a time. Nothing causes you to evaluate your food storage than having to use it. Store food you are going to eat and enjoy. This includes cake mix!

3) Education: I attended the local adult education school.

After only a few months I was employed as a certified nursing assistant. A few months later I was a certified EKG technician. This experience slowly morphed into a small business. Being self-employed allowed me to make good money and go back to school for my BA. I knew I did not want to do this type of work as a career, but I do not regret the certifications.

Being a prepper, I understood that it was an education that could someday benefit my family and others. Always look for ways to increase your education and preparation. It could be an Amateur Radio license class, CERT classes, and local adult education or community classes. Adding other streams of income is the key.

4) If full time employment is not possible, look for a short term solution.

Something as simple as a dog-walking, house-sitting, substitute teaching, or other temporary jobs can get you through a rough patch. If you already have a full time job, look for other part time income streams. Is there a skill or hobby that you teach to others? What knowledge or experiences do you possess that can be turned into a small business?

5) Physical and Mental Health

Even though we did not go through a natural disaster or suffer extreme trauma, we still experienced a large amount of stress. Stress takes a great toll on your body. Glucose levels and blood pressure can increase. Our immune systems can take a hit, making you at risk for auto-immune and cardiac disorders. To off-set the negative impact of the stress, our family focused on cutting out processed foods and switched to a whole food diet. We spent time walking, swimming and hiking outdoors.

Mental health is sometimes overlooked in the prepper world. The pressure of trying to put life back together can be overwhelming. The effort used to get through or get by can push aside feelings of anxiety or depression. Sundays have always been used as a day to decompress for our family. When there were times of difficulty, we focused even more on keeping Sunday low-key. We attended church and did not obligate ourselves to anything else. We read books, watched uplifting movies, played games together and rested. This down time allowed us to face the next week with a renewed attitude.

Along with family time, my husband and I continued to have our weekly date night. Since there was not much money, we could often be found having a picnic at a park or attending free activities in town. Maintaining strong and healthy relationships is part of being prepared. Two people, or a family of more, can work together and get through trying times if their family has trust and communication between each other.

6) Faith

We are a religious family, it is part of who we are and it is our family culture’s main ingredient. During the good and bad times, we pray. This simple act has sustained us, and has given us the strength to get through difficult times. It has also given us hope that things will get better and that we are not alone in this journey. Prayer holds us accountable. When I pray for guidance, I am reminded that I need to be doing my part. Am I a wise steward with my money, time and resources? Prayer helps put things in their proper prospective and reminds us of the blessings we have been given.

For those who are not religious, it is important to take time meditate or connect with one’s self. There is much to be thankful for, even in trying times. Center yourself and be open to opportunities and possibilities. Great ideas and solutions can come when the world is quiet and we are alone. Write down any ideas, even if they sound a bit crazy. They can transform into brilliant ideas.

Life Always Happens

Through all of this, we were able rebuild our food storage, savings and emergency supplies. Our financial situation was good, and education and jobs were going well. Life was to be going great! And then another curve ball was thrown. My husband’s employer was replacing all management employees. We had a little bit of notice, but not as much as one would hope. After a brief moment of panic, we realized that we were going to be okay. Together we had been through such challenging times, this did not seem as difficult. Because of the experiences we had many years earlier, we were better prepared. During those four months of unemployment, we adopted a daughter, celebrated Thanksgiving and Christmas, witnessed our son’s wedding, had a beautiful reception on a shoestring budget, and prepped two kids leaving for college. We were able to enjoy all of the happy family events because we were prepared.

When you've lost it all, here's how to begin prepping from scratch.

 

Get Inexpensive Preps by Going to Yard Sales

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yard sales

My new water tank

I love this time of the year, its spring and the yard sales are starting.  Every year I add to my preps for pennies on the dollar.  Last week I bought a good Alice pack complete with fame and all the straps, plus a pistol belt, canteen and a small pouch for the total sum of $10.

This morning I bought a 300-gallon water tank with most of the piping to hook it up to rain gutters for $50.  A great buy, since it had only been used for fresh water at a couple of home shows.  The tank looks like it has never been used.  By this afternoon, the tank will be set in place and filled. I won’t hook up the rain gutters at this time since it will probably be another 6 months before we get any rain.

On most Friday’s and Saturday’s I check out the local sales and flea markets early in the morning.  Over the years, I have saved thousands of dollars buying preps from yard sales. I have bought everything from generators to tents.  Estate sales are always my favorites; you never know what will show up.  I have been to ones where the parents were preppers and the kids could care less.  Mountain House #10 cans were a $1 each and other preps equally as cheap.

My rules for yards sales are always bargain, most people expect it.  Don’t insult somebody’s stuff; just tell them that this is what you can afford to pay.  Now I always try to go to yard sales in good to affluent neighborhoods.  Most people in these neighborhoods just want to get rid of stuff and are not in it for the money.  In poorer areas, people often need the money and the prices are not as good.

If you haven’t tried yard sale shopping, get busy and try it.  I think you will be surprised at what you find.  Also some of you that are experienced, let us know about your best finds.

Howard

The post Get Inexpensive Preps by Going to Yard Sales appeared first on Preparedness Advice Blog.

5 Steps to Creating a Culture of Self-Reliance in Your Family

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teaching self-relianceWe have all known people who save everything. My grandmother is one of them. If there are four green beans left in the pot, she puts them in the freezer. I remember one specific visit with her, 27 years ago, where she asked me to get her a bowl of ice cream. What I thought was the container of vanilla ice cream was actually a container of saved bacon grease.

Fast forward to today. She is now 96 years old, and still saving every last morsel and dollar. Grandma grew up during the Great Depression; those habits, ingrained in her when young, are still manifest today. The family snickers a little bit about it, but we know she will not outlive her money or her things. Isn’t there something reassuring about that? She has always worked hard at being self-reliant. Will our children be able to do the same?

As I watch the news and look around me, I wonder if another Depression wouldn’t do us some good. It wasn’t too long ago when life wasn’t so convenient. Many in our society have lost the mindset that our grandparents had. We have instant and immediate food, entertainment, communication, and information. Many feel that things will always be as good as they are now, but history does repeat itself. Perhaps one of the most important things we can do is prepare the next generation for whatever may arise.

Like those who have habits from the depression, you can make self-reliance and preparedness a part of your family culture. One of the most effective ways to do this is to live it every day. Whether we have children of our own or are involved in an organization such as a church or school, we have the power to instill preparedness values. Now is the time for us to equip the younger generation with skills that will help them be confident and prepared for anything life may throw at them.

READ MORE: Volunteer organizations and the 4-H Club are excellent choices for instilling values of self-reliance in young people.

If you have children I recommend that you have a weekly family council. Along with normal family business, make goals on implementing these principles of preparedness into your family. If you are part of another organization, teach classes or organize projects that encourage preparedness. Set the example by your actions.

Five Preparedness Principles

There are five principles that can generate a preparedness mindset:

Thriftiness and frugality

The longstanding adage “Eat it up, wear it out, make it do, or do without”, still holds true today. The importance of being thrifty and frugal is often forgotten. Clothes can be mended, altered and remade into other items. I have seen curtains reused to cover chairs, a table cloth became pillow covers and adult size clothes were remade into clothes for a younger child. Learn ways to take other household items and re-purpose them.

Another way to pinch pennies is to find out where all of your pennies are going. There are many forms online that can be used to assist in budgeting. Record your family’s expenses for one month and then gather together to review them. Are there any non-essentials that can be eliminated? Involve family members in creating a budget. Teach them to differentiate between wants and needs and set financial goals together. Save money for a vacation or purchase that the whole family can enjoy. Budget additional funds to be set aside for large purchases and for emergencies. Teach your kids now that it is not worth “keeping up with the Joneses”.

For more ideas:

Strive for independence

This would include independence from anything that prevents us from living to our full potential. Avoid any habits or addictions that restrict your body and mind. Eat healthy, exercise, surround yourself with good friends, and strengthen yourself spiritually and mentally.

Look at your finances. What can you do to be financially independent? Do not get into the habit of using credit for purchases. Many people look at the monthly payment amount versus the real amount of an item. If you have debt, pay it down now. There are many websites available to help accomplish this.

Time is another area where you can be independent. Choose how to prioritize and use it wisely, which would include helping others. Teach this next generation the importance of being kind and charitable. Donate money and time to projects you feel are worthwhile. There are many opportunities available in your own community or help out with a need on the other side of the world. Either way, you will develop a deeper empathy towards others and an appreciation for what you have.

Become industrious

It sounds odd to tell someone to work at being industrious, but it does require energy to be creative and find balance in life. Look at your life and see what circumstances are around you. Search for ways to be resourceful. You may discover talents you did not know you had.

Are there any enterprising opportunities available that you could take advantage of? Another source of income could benefit you and those around you. Find ways to increase your marketability in the workplace. It may be finishing that degree, taking community classes or a free online classes (many are available). Look in your community. See if there is a need that could be filled by a skill that you possess. Teach those around you the importance of an honest work ethic.While industriousness is good, remember that wherever you are at in life, be there completely. When you are at work, work. When you are at home, leave work alone and enjoy your time with family and friends. If you need down time, take it.

READ MORE: How did people earn money during the Great Depression? You might be surprised by their creativity and industriousness!

Strive for self-reliance

I am sure you know people who seem to be able to do, make, or fix anything. Chances are, they had to work on those skills often before they mastered it. Like them, you need to continue to learn and put what you learn into practice. The internet is a great resource. We can learn how to do basic car maintenance, repairs on our home, first aid, and taking care of what we already own. Not only can you save money by doing these things yourself, you are free from depending on others to do them for you. There is a sense of pride and accomplishment that comes from doing and mastering new tasks. Planting a garden is another way of developing self-reliance. Not only will you save money on groceries and enjoy fresh produce, there are benefits much greater. Gardening, along with other tasks, allow you to spend time with those close to you. Working together as a group builds stronger relationships, whether it is between parent and child, as friends, or in a community setting. There is a sense of togetherness and learning that you cannot get anywhere else. If you do not teach those around you how to work, who will?

Aim towards having a year’s supply of clothing and food

Don’t let this overwhelm you. Take baby steps. Make a list of the amounts of food and commodities that your family normally consumes in one day. Take that list and multiply it by 7. That is your one week supply. When you have a one week supply stored, continue until you have three months supply. Use and rotate your 3 month supply. Then focus on long term storage.

Many foods, such as grains, beans, and pasta can have a shelf life of 30+ years. Clothing can be a bit of a challenge if you have growing kids. Looking at clearance racks and thrift stores can be an inexpensive way to work on storing clothes and shoes. If you sew, fabric is also be a great addition to your years supply. Do not forget to include any notions you may need.

GET STARTED: Read this comprehensive list of food storage basics.

As you begin to create a culture of self-reliance, you will feel more confident about your ability to withstand almost any hardship. We cannot depend on the government or charities to provide services and care for the millions of people across the nation when a disaster happens. It is essential that each individual and family do all they can to be responsible for themselves when needed. If we are wise and careful with our resources, we will be able to sustain ourselves through difficult times.

Learn more about Great Depression survival

self reliance culture

Prepping and Politics: Part Two

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Prepping and Politics: Part Two Bobby Akart “Prepping For Tomorrow” On this week’s episode of the Prepping for Tomorrow program with Author Bobby Akart, we continue the subject of politics, from a prepper’s perspective. Last week, we had an excellent conversation with Tom Martin, founder and owner of the American Preppers Network. We only scratched … Continue reading Prepping and Politics: Part Two

The post Prepping and Politics: Part Two appeared first on Prepper Broadcasting |Network.

Shrinking U.S. middle class: 47% of Americans don’t have $400 for Emergencies

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The title says it all. A recent pool by The Federal Reserve Board shows that 47% of Americans would struggle to come up with $400 to deal with emergencies. The article is well worth reading.

The Secret Shame of Middle-Class Americans

The (misguided) idea is that higher education should come along with massive debt. If we add to that a mortgage and car payments most Americans simply accept the fact of living in debt most of their adult lives. If we throw in unexpected job/career difficulties or serious diseases, this means most Americans struggle with keeping themselves from going bankrupt if not literally dying.

Lesson of the day: Cash is king, even for economic collapses you want a cash cushion. Economic disasters teach us that in nearly all cases cash does not lose value overnight, especially not stable well recognized currencies. You should aim to have at least a month worth of expenses in cash.

If banks close and ATMs run out of money, how much cash do you have at hand?

FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

ECONOMIC COLLAPSE!

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ECONOMIC COLLAPSE! Bobby Akart “Prepping For Tomorrow” On this episode of the Prepping for Tomorrow program, Author Bobby Akart devotes the entire hour to his new release, ECONOMICCOLLAPSE, the third installment in his best-selling Prepping for Tomorrow series. Available in eBook, Audiobook, and Paperback, ECONOMIC COLLAPSE has already achieved #1 bestseller rankings in six genres … Continue reading ECONOMIC COLLAPSE!

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Gold, Rolex and Cash after SHTF

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File:Gold Bars.jpg

Hi

I read the portion of your site devoted to the Rolex watch and the supposed value of the watch.

For the last so many decades I have been dealing in vintage watches.

Couple of points. It’s a ladies watch and ladies watches are much less in demand on the resale market than men’s watches are.

Also, there is no set price for vintage watches. It’s kind of what you can get. It’s not the stock market where the prices are posted for anyone to see.

Also, Rolex are a mass produced watch. Replicas are very good and not many people can spot the difference unless they have some experience in the field.

Best thing to have for emergency is gold. Bullion gold. Such as Maple Leaf coins or some other 999+ gold coin. Also, one should buy bullion gold coins in a minimum of 1/4 ounce size. Smaller than that there is a premium that the buyer never never gets back when they sell to a dealer.

Gold, as you well know is a publicly traded commodity with published, both print and on the net, prices for buying and selling.

Preppers are a funny bunch. Lot of silly ideas and full of conspiracies and fantasies about how they will cope/live in a difficult environment that they foresee coming our way.

They may be right about the future but I suspect few of them are prepared.

Btw, I have purchased your book and read it at least twice.

Be smart and lucky amigo.

All the best.

-James

.

Thanks James, you bring up some excellent points.

As I said before it all comes down to how much you’re paying for it. There’s always a price. A buying price. A selling price (which usually offends those on the other side of the counter when they are the ones doing the selling) and there’s a price just too good to walk away from.

I would be very cautious about buying anything I don’t know well, for example in my case watches. I have a pretty good idea of what guns cost. I know a Colt Single Action Army has a certain value that no gunstore will refuse to pay for given the possible resale value, so I have a pretty good idea of what the “too good” price is. As you say though, it is better if you have a fixed, unbiased price for the specific item so that’s why gold and silver are so appealing. There’s no debate regarding their given price each day. Then again, there’s even less of a debate when it comes to a wad of cash. A couple thousand dollars in 100 USd bills is still pretty compact, and you don’t need to sell it fist to use it as you would with gold or silver. This is why the first savings you put aside for a rainy day, those should be hard cash.

“But cash is useless during an economic collapse”. No, no its not. Especially during the first few days and weeks, it may lose its value but it does so slowly. At the same time the shortage of cash, in spite of the economic collapse, creates an environment where cash is king. During this first period of time, cash gives you leverage even if it loses value. In the case of a strong currency like the USD, its even less likely that it will become worthless or lose significant value overnight.

Then yes, if you want to put aside something “economic collapse proof”, that’s when you go into precious metals.

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

News You Need to Get: April 7, 2016

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I am not a huge fan of the major news consolidators because they tend to mask important content with frivolous content of dubious accuracy and reliability.  Further, you tend to

Spring cleaning for Preppers because we do things a little differently!

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Hello my friend and welcome back!  In today’s post, we are going to look at Spring cleaning for Preppers and just how it’s different for us than it is for others.  Grab yourself a cup of coffee and have a seat while we visit. For most people, Spring cleaning means going through all of their closets …

The post Spring cleaning for Preppers because we do things a little differently! appeared first on American Preppers Online.

17 Best Jobs To Have When The Economy Collapses

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An economic collapse, like the one many of us remember in 2008, can have a devastating ripple effect across the entire world. When things start to slow down, people have to tighten their purse strings. And when that happens, businesses struggle and start laying off workers. That results […]

The post 17 Best Jobs To Have When The Economy Collapses appeared first on Urban Survival Site.

FRACTURED STATE

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We are very excited to share with you that the latest work from our friend Steven Konkoly ( Steven Konkoly – Thriller…

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