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RE: Widespread BANK FAILURES Are Coming! What Asset Will Protect you?

in #money8 years ago

Bingo.



- I don't trust cryptos because they are dependent upon very shaky technology. Think EMP, and ask yourself where you'll go to spend Bitcoin that no longer exists...

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This is why I have always stated that you should invest in just one thing and spread your savings around as much as possible. Most refuse to do this.

I think if there is an EMP we all have much bigger problems than not being able to use our crypto currencies. I for one am diversifying into physical PM, cryptos and keeping cash on hand as insurance. Prepare for the worst, hope for the best:}

This is why we need to get out of the major cities and be self sufficient. Most are just waiting to be slaughtered.

What population do you consider a major city? My city has a population of about 1.5 million, very spread out. I have been trying to talk my husband into buying an acreage outside of our city limit but we haven't found anything yet, not sure now if we will have enough time so I am working on being as prepared and protected as possible...your thoughts?

Depends on the area. If you're in a densely populated environment, it's going to be a mess. Depends where you live but what we in Toronto would consider "cottage country", so perhaps 1-2 hours north of the city is reasonable for most places I would think.

Even 1/3 acre could be enough for most people. Check out growingyourgreens on youtube. I vouch for John.

The further you get out the better obviously but we need to make compromises that's for sure.

Thanks for your input. I live in Calgary in the south end suburbs, hopefully far enough out .

You're welcome. Just keep preparing. Keep it up

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