Monday, November 22, 2010

Preparing for Hyperinflation

Hyperinflation by definition is 50% or more of inflation per month! The US Dollar is an inherently worthless piece of paper, un-backed by gold, silver, oil, or any object of real value. The moves by the FED to devalue the dollar and destroy it's once lofty reputation for stability are foolish and possibly traitorous. Many citizens of this once great nation are asking themselves what they can do to prepare for the inevitable decline and fall of the US Dollar. I recommend the following list of preparations:

1. Food & Water - Store a least a few months of food and water for your family. Survival food like Meals-Ready-To-Eat (MRE's) and dehydrated foods by Mountain House are ideal. They keep for years and require little cooking preparation.During periods of hyperinflation food and water disruptions will occur, and periodic lawlessness, riots etc., will disrupt transportation of vital foodstuffs. Supermarkets will run out of various foods, and prices will soar. A supply of food and water will keep you and your family off the streets during times of violence.

2. Medicine - Keep a supply of over-the-counter painkillers in stock and a few months supply of any vital drugs you take. If you can find a friendly doctor, get him to prescribe some emergency antibiotics. If not, I've heard of people who buy antibiotics for fish which are commonly available at pet stores and in pet catalogs. I can't say personally, but the scuttlebutt is that the same factories that make "fish antibiotics" also make drugs for humans as well. Do your own research and obey all US laws is the best advice I can give here.

3. Self Defence - If you're an anti-gun pacifist skip this part and pray to whatever god or gods you believe in. Everyone else, buy rifles, shotguns, and Glock handguns with ammo and learn to shoot them. During hyperinflation law and order can break down, at least temporarily. You can't count on the police or 911.

4. Buy physical silver and gold and store it safely at home where you can get at it easily. Safety deposit boxes can be robbed, expropriated by a hostile government, or made unavailable by "bank holidays". Pre-1965 US dimes, quarters, and halves are 90% silver and were once used as real money in the US. American Silver Eagles are also good to have as a trading resource. They are minted by the US Government and are official currency, and contain one ounce of pure silver. APMEX and Ebay are good sources for both types of coins.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies (below):



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