Seriously is there any way, at this late date, we can protect ourselves?
Same question I’m asking.
Sure, own a business and raise your prices with inflation.
Buying silver is probably good protection.
Of course, these are protections against inflation, not against societal collapse.
I predict that temporary employment agencies are going to experience a BIG upswing. Not only do they allow businesses to avoid expensive commitments, but they also provide a conduit to allow employees to move between jobs as a means of increasing their compensation to stay up with inflation.
I’ve entered survival mode(ammo,liquor,trade-able items for the barter system) more than I’m worried about protecting what wealth I have.....not a fan of gold or silver because you can’t eat them during the collapse.
They are great for when the collapse has ended and a new currency emerges but the key to survival will be making it from TSHTF to stabilization of society. However, no one knows how long that might take....it could be years.
JMO...
Imagine you are in a small lifeboat in the middle of the Pacific Ocean, 1000 miles from land in shark infested waters, with 100 other people. That is you. Now imagine two guys draw guns and shoot a bunch of holes into the bottom of the lifeboat. That is the housing crash, the liquidy crisis, and the reaction by Bernanke and Obama. Get it now? It is not a question of if you sink, but when. That's the US economy. Can you do anything today to protect yourself? Sure. Buy a time machine.
I won’t tell you what you should do, but I will say what I have done and continue to do.
I have purchased gold and silver. Lots of it.
It is easy. There are great distributors that will accept a bank transfer and will ship you coins or bars at just over spot prices. There are also firms that allow you to purchase gold that they keep for you. I use BullionVAult, but there are others.
Many argue that this is not effective when TSHTF. I respectfully disagree. The crisis has been growing. It doesn’t happen instantaneously. Gold is so liquid that I can convert to cash and other necessities within hours. Then you can buy food, ammunition, etc.
This happens in stages IMHO. So, the first stage is to protect wealth.
Anyway. Do as you wish. I have and I am content with my choices.
Kindest Regards, sir