Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: PGalt

Be “prepared” how?

How do you protect digital wealth? And its just about all digital. Be kinda hard to walk into your branch bank and demand to see YOUR money...Or to have your 401k liquidated to shove under your mattress.

Food? check. Ammo? check. Weapons, of course...Your wealth?
Hmmm...

I just get confused...i KNOW its coming but I don’t know what to DO.


14 posted on 03/04/2013 12:10:21 PM PST by Adder (No, Mr. Franklin, we could NOT keep it.)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: Adder
How do you protect digital wealth?

You don't. A certain percentage (up to 100%) you must have in your possession and be able to defend it, hide it, or abandon it as necessary. That percentage of FRNs, silver & gold should be on hand for trading purposes. The percentage and mixture is up to you as you assess the likelihood and scope of change on a weekly/daily/hourly basis.

Be prepared with plenty of all that you mentioned and alternative living sites and/or the ability to survive alone.

Your wealth is your survivability.

16 posted on 03/04/2013 12:30:01 PM PST by PGalt
[ Post Reply | Private Reply | To 14 | View Replies ]

To: Adder
I just get confused...i KNOW its coming but I don’t know what to DO.

Well, you prepare!

LOL, I'm just messin' with you. To protect your wealth, some financial guru might tell you to convert all your asets into precious metals such as gold and silver and stash it all in a hermetically sealed mayonnaise jar buried in the backyard.

However, I'm NOT a financial guru, so any info I could give you would be little more than BS!

Other than standing my ground with my guns and ammo, I don't have any better ideas. If you get some, please give me a holler. Thanks.

Dusty

17 posted on 03/04/2013 12:30:08 PM PST by DustyMoment (Congress - another name for anti-American criminals!!)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: Adder

Convert your digital to commodity wealth.
Food, land, tools, ammo...

Listen to Jack: http://www.thesurvivalpodcast.com

There are a few “getting started” shows and a bunch of specialty shows with a lot of information.


19 posted on 03/04/2013 12:37:58 PM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: Adder

How do you protect digital wealth? And its just about all digital. . . .

__________________________________________________________

It is only digital if you allow it to be. . . .

_______________________________________________________

You walk into the financial instutition, ask for a check for all your funds then cash the check or better yet use the deposited check to order your junk silver and a few gold coins. Gold coils while an excellent store of wealth in a small space are hard to protect and harder to convert back to spendable cash.

Silver is VERY bulky but very spendable. One to two silver dimes is good for a gallon of gas. A roll of dimes in each trouser pocket is easy to carry but I wouldn’t expect someone to kill for it. A couple of Eagles on the other hand would be something that would be dangerous to carry.

You can easily convert your money into something that will hold its value. Real Estate will not necessairly hold its value but will always have some value. Commodities will hold their value. Stocks of any kind in a SHTF world may not mean anything.

Plan your fortress, plan to protect it. If you have family that has no place to go make sure they know the rules to stay with you.

Don’t plan on travel when times get tough. Read the stories from Cosovo about the people that tried to get out. They lost every thing they had on them and many lost even their lives.

The gangs will come. Just make sure that your gang can inflict unacceptable harm on the other gangs so that they leave you alone. If you don’t have a fortress and the ability to protect it you might as well move everything you have of value to the front lawn and let it disappear and hope nobody comes looking for more.


20 posted on 03/04/2013 12:42:10 PM PST by JAKraig (Surely my religion is at least as good as yours)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: Adder

At the end of the day, I’m going to make the following assumptions, since you’re a freeper: You are productive, you know how to work; you don’t cause serious problems for others; you have common sense.
You’ll see us and we’ll see you. Don’t sweat the small stuff.
However, the half who aren’t worried should be.
Us? Like water off a ducks back. Hang tough.


32 posted on 03/04/2013 1:59:32 PM PST by tumblindice (America's founding fathers: All armed conservatives.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson