As Congress creeps closer to yet another stimulus bill, Preppers may be in for a windfall. Here are our suggestions on how to spend it.
Yesterday, I suggested you use the coming (temporary) period of exuberance and excitement after the COVID-19 nightmare draws to a close to prep. Below are some suggestions in greater detail, but because we’ve talked about food and water before, we’re going to start with the bigger preps and work backwards:
Get Out of the Cities
I think the biggest priority for any serious prepper should be to move out of an urban or suburban location and to a rural one. I’m not talking “vacation country” where people go to spend two weeks a year, but hardcore country where just about everyone owns a chainsaw, a rifle and pickup truck.
Your stimulus check won’t buy your new property, but it can cover the travel and other expenses related to a property search.
Continue reading “The Best Way Preppers Should Spend their Stimulus Check”
We answer the questions: Do gold and silver have a role in your preparedness planning? If so, what types should you buy and when?
A friend called me and asked if I know anything about putting gold in their IRA. This led to a discussion about precious metals, why he wanted them, and how to best acquire them. I’m going to our discussion below as a Q&A.
First, a note: When I refer to precious metals or PMs, I mean Gold and Silver. If I mean one or the other, I will specify gold or silver. For many people, precious metals includes platinum, palladium and rhodium, but that is true for investing, not prepping.
Why? Because I find it unlikely that someone will recognize a one ounce bar of rhodium after the SHTF (sh*t hits the fan) and you want to trade it for a horse or a cow. I don’t think these other metals play a big role in prepping and survival, so this article is going to ignore them. I’m not saying don’t invest in them, I’m simply saying don’t do so thinking that they will help you prep.
Continue reading “Precious Metals for Preppers”