Triple redundancy is the catch phrase of the day. Most of us have our money stored in a bank of some sort, but what happens if the banks fail? Why the FDIC will cover me. I'm okay. What happens if the country is bankrupt? There is nothing in the FDIC to cover your money. How do you prevent this from happening? You can't. What you can do is have a redundancy plan in place so that you are still able to purchase the goods you need. Here are some of my, and many other prepper's, ideas.
1. Invest part of your money in junk silver. From pre 1965 US coins, to blocks to slabs. It doesn't matter the what as long as it is silver. Gold is another option, but the limitation on gold is the value may sometimes be too high for the service or product you need. Do you really want to overpay someone because you don't have smaller precious metal currency? Some gold is good, but I would put the bulk of my precious metal currency in silver.
2. Invest part of your money in barter goods. Think vices. What do people feel they can't live without? Liquor, spices, coffee, cigarettes, chocolate, etc. The list is only limited by your own imagination. Make sure you package these items in barterable sizes.
3. Land-enough said.
4. Producing livestock. You may barter or sell the eggs, milk, etc. these animals produce without losing the animal itself. (You never know when Bessie has to be dinner)
Anyway, these are some of the ideas to use to develop your triple redundancy plans. If plan A goes to hell, make sure you have plans B, C and D.
Any thoughts? I am sure there are other ideas out there that I have not posted. I would love to hear from you.
Excellent. I have been looking for junk silver lately. I have found 3 pre '64 nickles. That's it. So I have checked into buying some. Everyone wants spot price instead of face value. I'm not paying $1000 for a bag of quarters. Also, barter items are a must. I am stocking up on instant coffee (it is freeze dried and stores much longer than regular coffee). People will want coffee as it is a comfort food and will give some sort of normalcy. To go along with it, you will need cream (instant) and sugar (stores very easily). Salt is something else that people will absolutely need - work will be harder, people will sweat more and will lose salt. Also, salt is needed to preserve and cook. The little flavored drink packs that you poor into a bottle of water and ideal to store and possibly trade too as water will bet old fast. Ammo is something else you should stock up on, not only for protection, but for barter. I would get common calibers - .22LR, 9mm, 45 ACP, .223, .308, 7.62 x 39 and 30-06. .22 is super cheap and you could trade 20 rounds, 50 rounds, etc to get an item or service you need. Most people have a 22 rifle. Liquor - whiskey and vodka - will be good to store for barter and possible for sterilization of surgical instruments. Animals are great as well. Eggs will be a great source of protein and nutrition and if you have 6 or so chickens, you will have way more eggs than you can eat. Add ducks into that and you have more eggs. Store staples, too, like flour, biscuit mix, pancake mix, etc. Gun cleaning items will be good to have as well. Don't forget you can barter services too. Nurses and doctors can trade taking care of sick people for food. Someone that needs some welding and doesn't know how, could trade some ammo and coffee to a welder.
ReplyDeleteI forgot, add honey to your barter list. 100% pure honey is the key - it stores forever. Even if it turns colors, it is still good. It's great nutrition, as medicinal properties, and is a good natural sweetener.
ReplyDeleteExcellent points. I wasn't even thinking of baking staples. On that same vein, you can also store essential oils. Lavendar is as effective as any polysporin as it has antifungal, antiviral and antibacterial properties. Valerie Ann Worwood wrote a book that is the bible of essential oils. It lists all the properties of each oil as well recipes, etc. They last forever and are in small bottles, so they are easily stored.
ReplyDeleteI will have to check that out....never thought about this.
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