ECON COLLAPSE PREP 1 of 4
All you need to do to prep for the economic collapse for about the
price of an ounce of gold. Now, granted,
this advice is pretty close to the booklet on dropping out of the rat race in
six months with you and the spouse both working minimum wage jobs, but as that
was written some time ago and the global stock markets meltdown has most
survivalists in a tiff over economic collapse right now I thought it would be a
good time to rehash it ( plus, last week I did the articles on the econ
collapse but left you with little concrete advice ). Also, this article differs from the booklet
in that it isn’t as comprehensive.
There, you were moving to the boonies and downgrading careers. Here, you are just investing in insurance
rather than altering your lifestyle. This plan is not much cheaper, but it does
allow for less money up front with longer to pay. For this, you won’t need to live on your junk
land in order to be able to afford the other preps. The booklet was a “hurry up and prep for the
ass falling out of civilization”. This
article covers a less radical, less panicked plan ( for the record, I prefer
the panic, but I also know most of your spouses will not support it-hence, this
scaled down version ). It is more “what
immediate cheap steps can I take just in case the economic collapse goes full
bore bad?”.
*
I’m going to assume you are new to prepping. If you are not, and have beans and bullets,
grains and guns, this isn’t going to be much more than a reminder to buy that
damn junk land. I won’t be advising any
kind of financial assets acquisition, either.
As much as I loved Ruff from the ‘80’s, he was way too focused on
emerging rich from the collapse. We
won’t have so much luck this time around.
Without the grid inputs, your house will soon be useless. Gold and silver are mostly useless for the
holder, being a multi-generational wealth transfer medium, although a few years
worth of silver for property tax payments is a pretty darn good idea ( here in
Nevada, you can no longer pre-pay the taxes-a sign of impending hikes ). Any kind of stock or bond or retirement plan
or promise from an employee is not worth the paper they are printed on. Outside of a few months living expenses, all
your wealth should be in preps. A
collapse is the only guarantee for the future, the timing being the only
unknown. But all that is your big
picture prepping. Let’s focus on the any
moment now economic collapse a lot of folks think is going to happen ( my focus
on the ongoing economic collapse is just the question when the plunge down the
waterfall happens. Most folks look at it
from the point of view that the economic collapse doesn’t happen until they
lose their job and home and car. Until
then it is just a recession ). Next
article we’ll get into the meat of the prepping.
END
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“Here in Nevada, you can no longer pre-pay the taxes-a sign of impending hikes”.
ReplyDeleteI was wondering about this James? I'm the minion that just got the 2.5 acres 15 miles outside of Elko. I was thinking of paying a larger sum than the actual property taxes, as sort of a “tax buffer” if you will, should any unfortunate circumstances make their way into my life.
Can you no longer do this? You can't make a larger lump sum payment, and then they can debit out the taxes according each year until paid off?
My taxes are only $15.00 a year I think, so a lump sum of around $500.00 would go a long way. It would be a nice feeling if it were possible to somehow pay the taxes for a lifetime, with no threat of land confiscation. Which by the way, was how I got this land.
A minion mentioned the tax pre-pay, which has a name I've forgotten, and when I went to look up that info I got the "discontinued" info. I could be wrong, as this was not from an official site but second hand, but I've accepted it as "most likely correct". With silver bullion, you have an inflation proof way of saving your lifetime of taxes, though. Even if the feds "FDR" silver, there will always be a black market or even a corrupt county official to take silver. And it should cost a lot less than $500.
DeleteI hadn't really thought that far ahead I suppose James, but you raise some good points. That $500.00 won't be worth much in a few years. But it never really dawned on me that there could be another seizure of privately owned precious metals, not that anything would surprise me anymore? Still, it's probably the safest bet anymore considering the volatility of our dollar?
DeleteAny gun or gold seizure would of course NOT work as it would have 80 years ago. The politicians mostly burned all their trust long ago ( what you see today is total apathy and ignorance, but I doubt trust ). But they will make it difficult for you to liquidate even if nobody voluntarily turns theirs in. But just in case, buy retail with cash and not through the mail.
Delete