[agere_contra]

Liquidate your 401K, buy Gold and Silver and stand over them with an automatic weapon.

Whatever other forms of wealth you have - bring them onto your property, under your direct oversight.

For instance: if you are a farmer, build on-farm storage for your crop. Don’t entrust it to a 3rd party. Grain elevator companies can be as honest as the day, but they can be wiped out by these acts of legalised theft Miss Barnhardt is talking about. In such a situation JPM would get your assets.

[yldstrk]

isn’t there a record of gold and silver purchases?

[expat2]

Gold and silver can be stolen, of course, but a bigger problem is: who will have the cash to buy your gold and silver after everyone has been cleaned out?
In the (most-recent) Argentina collapse, the correct play was to have junk (i.e., jewelry) gold -- you couldn't get more than the value of an equal amount of 14K gold, even if it was 99.99 fine.

[Yaelle]

No offense, but there were FReepers as serious sounding as you guys telling me to gather cash and guns for the 2000 Armageddon when the entire system crashes.

I need to know how serious this is.