Ways to safeguard your money and savings

[diamond dogs]

I have been following the excellent icke_is_right thread regarding buying Gold and Silver as a way to safeguard your hard earnt cash and savings but wonder if there are many other ways to safegaurad savings or invest in an alternative means other than banks..even for those that have small amounts?

I don't know too much about currency dealing but it seems pretty certain that the $ is being forced down on a daily basis and the fact that many artciles are stating it is only a matter of time befor China becomes the super superpower hence one alternative might be to invest in the Chinese Reminbi (RMB)....?

A constant remark is 'you can't eat Gold and Silver' so land and tools that grow food are another alternative that some people might see as beneficial if they are lucky enough to have access to land..?

What would be used for trading if there was a collapse of the $ ...would stockpiling food become very valuable so what foods can be brought and stored easily and cheaply?

I also think that ther are many other items out there that can be brought very cheaply at the moment that will surge in price in the not too distant future so ther will always be an opportunity if you can stay ahead of the game?

Thoughts??

[monk3y]

A currency default by the U.S. or any other country is not the end of the world, it has happened many times in the past and yet here we are. Currency defaults do not directly affect harvests so a food shortage is not the problem. Currency defaults suit debtors including Govts and hurt owners of paper denominated in that currency ie savers. If you want to transfer wealth through a currency default put your money in gold and silver and when the dust settles cash it in as required. Contrary to popular belief you CAN also eat gold and many Indian dishes are garnished with gold leaf. It does not have much nutritional value but then neither do pound notes or dollar bills.
It would not hurt anyone to have a well stocked larder but check the best before date.

[john devine]

Originally Posted by diamond dogs

I have been following the excellent icke_is_right thread regarding buying Gold and Silver as a way to safeguard your hard earnt cash and savings but wonder if there are many other ways to safegaurad savings or invest in an alternative means other than banks..even for those that have small amounts?

I don't know too much about currency dealing but it seems pretty certain that the $ is being forced down on a daily basis and the fact that many artciles are stating it is only a matter of time befor China becomes the super superpower hence one alternative might be to invest in the Chinese Reminbi (RMB)....?

A constant remark is 'you can't eat Gold and Silver' so land and tools that grow food are another alternative that some people might see as beneficial if they are lucky enough to have access to land..?

What would be used for trading if there was a collapse of the $ ...would stockpiling food become very valuable so what foods can be brought and stored easily and cheaply?

I also think that ther are many other items out there that can be brought very cheaply at the moment that will surge in price in the not too distant future so ther will always be an opportunity if you can stay ahead of the game?

Thoughts??

for both trading and personal use:

survival/gardening tools, seeds.

toilet paper and perfumed soaps.

canned vegetables and fruit, tuna, beans, rice, pastas and a variety of sauces.

condoms, pins & needles, thread, laces.

comic books, and 'how to' books on gardening, basic building skills, cooking, electronics, etc, playing cards.

candles, gas/petrol lighters, flints, gas, petrol capsules, mini torches & batteries...

i could go on but im guessing you'll have no problem knowing the basic necessities that are required by most people.

[jp13]

Fishing Rod/net, Catapult, saw or axe or machete, cat biscuits, umbrella, dice (to help make decisions or Poker) Lots of Water, or fresh water

[princessofwands]

The ultimate survival thread.

http://forum.davidicke.com/showthread.php?t=98931