How much of your money will only exist as a computer record on the day the global banking system fails?
When you log in to your online banking account and view your account balance, do you really think those electronic digits on your computer screen are real money?
Most people keep the vast majority of their savings and “cash” in electronic form, existing only as a computer record in a distant bank so far away that they don’t even know its physical location. All electronically stored assets are not REAL, and they can all disappear in the blink of an eye for a long list of reasons.
When the global banking system fails — now a mathematical inevitability — banking customers will be shocked to discover that electronic numbers on a digital screen are not real wealth. As they say in the gold bug business, if you can’t touch it, it isn’t real.
Gold, silver and other precious metals are real wealth for the simple reason that they don’t vanish as banking systems fail. The stock market, bond market or real estate bubble market can crater all they want… your gold and silver are still just as real (and just as heavy) as they were before. More importantly, they’re just as valuable… or even more so because precious metals tend to skyrocket in value when fiat currencies collapse.
What I’m trying to get at here is that if you don’t own gold, silver or other precious metals as at least part of your savings portfolio, you might find yourself in real trouble when SHTF. Only real assets will outlast the cataclysmic financial “day of reckoning” that’s coming. That list can include any or all of the following:
Things of real value that are portable:
Cash (green paper money, which may become instantly worthless, so don’t hold too much)
Pre-1963 coins (that contain silver content)
Physical metals (gold, silver, platinum)
Collector’s coins, stamps and historical firearms
Practical firearms and suppressors (silencers)
Bearer bonds or corporate stock shares
Natural medicine, seeds and essential oils
Iodine, useful for water purification and protection vs. radioactive iodine-131
Valuable yachts or boats if used as the bugout transport of choice
Small aircraft, if you fly out as your bugout strategy
Deeds to land assets (paper proof of ownership)
Antibiotics and prescription painkillers or insulin (high value, easy to carry)
Bitcoin wallets on a thumb drive, hopefully encrypted and backed up somewhere else (will only work if the internet stays alive)
Night vision equipment (PVS-14)
Small radiation detectors
THINGS YOU KNOW: (all the things you know are, by definition, portable)
Medical knowledge / first aid / surgical experience / infectious disease
Communications knowledge / HAM operator / shortwave radio