As the economic crisis has worsened over the last several years we have made it a point to inform our readers about the possibility of a system collapse so severe that the regular flow of commerce comes to a screeching halt. Planning for such a far-from-equilibrium scenario, which may very well involve the collapse of a nation's currency, requires that we consider alternative monetary vehicles to help us get through tough times. In What is Money When The System Collapses? we outlined several supplies that would become essential in a post-collapse world. Thing like food, water, gas, and clothing would become necessities not just for your personal use, but as barterable assets.
We've always advocated investment into precious metals like gold, and especially silver in "junk" form, as these will likely be some of the few recognizable emerging currencies if the worst were to happen. Another asset class that will likely experience a boom in a post-collapse world is guns and ammunition.
If there's one thing you may have noticed about guns and ammunition over the last ten years, and especially since the economic and financial collapse of 2008, it's that prices for these assets have steadily risen. Some may suggest this is a side effect of inflation, and while we won't disagree that inflation has played a part, it is only a symptom of a deeper, more fundamental issue that is driving the value of these assets to historical highs.
The people have lost confidence in the government's ability to mitigate this crisis and they have no trust that government officials have their best interests at heart. Recent developments on financial, economic, and political fronts have left aware and responsibility-minded Americans with no choice but to take their financial and physical security into their own hands. As a result we've seen sustained multi-year growth growth in the value of traditional wealth preservation assets of last resort like gold and silver. Moreover, and quite telling of the lack of trust the American people have in their government, there has been an unprecedented growth in the number of Americans investing in non-traditional stores of wealth that include assets like guns and ammunition.
For many, guns and ammo are the new gold and silver. Historically these assets have retained or increased their value, while also serving a practical purpose for post-collapse emergency preparedness planning.
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I think it's a case of prepare for the worst and hope for the best. With all of the economic manipulation, I'd rather invest in tangible goods that I can use. You can't eat gold, drink silver, or otherwise survive on precious metals, though there is a reason they were used for ao long as tender. Time to abandon fiat currencies and return to metals? I think so.
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