Quote:
Originally Posted by Choker
I will need people to move in with my setup. LOL. Seriously though I started this thread because I'm making a Survival website and was curious as to what people are investing their money in to hedge against the world going to shit. I'm still on the fence with gold and silver. I gotta write articles for this site and still I have no idea what one can invest in financially. Sure food ammo etc but those are for surviving in a Mad Max world. I"m looking for investment ideas to hedge against hyper inflation, things like that. I would think because hyper inflation would make fuel prices go thru the roof that in turn would affect the prices of just about everything. Question is what can you invest in NOW that would hedge that and if nothing happens still get your money back at the minimum.
Food? Maybe. Shelf life is a big issue. If nothing happens and food prices stay low in 4 years who would want to buy your dehydrated food supply? nobody
Solar cells? Maybe. Problem with those is that as they advance the price goes down. 5 years ago $10 per watt was great. Today $3 per watt is good.
See where I'm going with this?......................
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If the US sees hyperinflation, you will be glad you did pick up some precious metals. Look at what many countries are doing right now, they are buying gold by the tonnes. Still, even as it goes up, they are buying it. They obviously have smarter people than all of us having them buy up as much as they can. Even the 3rd world rice bowl I live in just bought another 30 tonnes a few days ago to add to their 100 tonne stockpile. The USD is living on borrowed time and everyone knows it.
Food... learn about food storage and how to rotate it. Grains can last a very, very long time. New MRE's can last 5 or so years, based on the temp you keep them in, but some guys still eat them at 10 years. But the key to food storage with food that does expire, is rotation. But don't forget to have a water supply. If you can, drill your own well.
The smartest thing you can do is get as much out of the USD as you can, and leave.