[quote=jpinpb]If there’s a worldwide crisis and the dollar is worthless, then what difference would it make to have cash on hand? I’ve heard/read to buy gold. But in a real crisis, you can’t eat money or gold. Just stock up on food and water, right?
I can’t imagine it will get that bad, but I made a trip to Costco today, JIC, and got a few extra things. [/quote]
You know. I’m normally pretty calm about things. But at this point. I have to admit… Peterb’s posting and folks like you got me to start thinking, the what if…
Personally, Peterb, I want to believe you’re a lunatic, and I was pretty jokingly responded to one of your posts about a bullet proof vehicle…
But you know, there’s a paranoid side of me this morning that told me to
1)Buy a safe….check.
2)Take out of cash (in case we have a run on banks)….check…
3)Buy a few boxes of cans of food for my family and relatives….check
4)Buy a gallons of water…check
5)Buy a gallons of gas…to do
6)Buy a big, highly capable SUV that can get me,family, and relatives to canada….to do..
7)Find a company to add light body armor and bullet resistent glass to the SUV…to do…
8)Buy a few guns..just in case…to do..
I’m not as concerned about the stock market crashing right now as much. Nor am I really concerned about employment. Because over time (assuming we really don’t have a complete meltdown), that will get resolved one way or the other.
But, I guess i’m thinking IF we have a systematic breakdown, and if it’s really back to food/shelter/bare necessities..it won’t matter if you went long or short in the markets…
Vons store clerk looked at me kinda funny today, because I pretty much filled up a cart full of canned foods.
“Preparing for a natural disaster, like an earthquake?” she asked.
“Disaster of some sort, something like that maam” i said.
Worse comes to worse, all this goes to the food bank a year from now, and we call all laugh about it.