Have You Reached the Peak of the Readiness Pyramid?

If you have followed the disaster preparedness and survival preparedness pyramid starting from the bottom with water storage and 72 hour emergency kits, and you progress through each level to ensure your preparation is as wide as the pyramids at Giza (no room for slip or thin card through the cracks), you have made to save a sufficient supply of personal hygiene items. Now you are ready to expand its efforts in the area of ​​financial preparedness. This category includes accumulating three to six months supply of cash flow for living expenses, and should lean more towards six of the three.

But, you're all about setting goals and moving the level, and three months is nothing to shake a stick at. Most Americans are one paycheck from disaster (economist Howard Ruff points out that even 24 out of 25 households in your neighborhood live in quiet desperation)! Once you have momentum on your side, you have won half the battle, and three months becomes six in short order. Especially if this is done automatically by direct deposit paycheck into a savings account.

After all of your accumulated cash reserves, the rest of the capstone on the pyramid is the willingness of gold and silver bullion. Most, if not all of it should be either stored or stored safely for you company with good reputation, which has been in business for half a century or more. You should have all the serial numbers of the bars in his possession, and have access to a lever to review whenever you want.

economist Marc Faber made ​​a bold statement: ". I'm 100 percent sure that the U.S. will enter hyperinflation" Others are not as vocal in their warnings, but point out the exponential growth of money supply, and that inflation is the inevitable result of quantitative easing . They are another reason not to civilization fiat currency has ever stood the test of time. Former Comptroller General (nation's chief accountant) made ​​a comparison between the fall of Rome and the current path America is on - namely, family breakdown, the basic unit of society, overextension and too thinly spread military iobezvrjeđivanja currency.

Many economists are pointing ballooning deficit and anywhere between $ 50 to $ 70 billion plus intangible liabilities (Social Security, Medicare, etc.). In addition, there is more than $ 600 trillion in financial derivatives in the world, the likes of which arguably the greatest investor of all time, Warren Buffet has called WFD (weapons of financial destruction). More to say the answer is a Chinese student recently asked a question on Timothy Geithner about China's property that has made an objection, "Chinese agents are very safe." He went on to explain how the U.S. supports a strong dollar. He was laughed out loud as students in the presence of the event.

All this may paint a pretty bleak future, but it need not be grim for preparedness-minded individual. Your insurance against the financial crisis, bigger than anything that has happened so far is a lever. It follows that the smallest market in gold, with only about 330 million oz. trading will be the best protection / most profitable as well.

This metal and industrial and monetary in nature. When inflation is caused by gold bullion for acceleration and appreciate the silver exceeds by a large majority (percentage wise) in the long run. In addition, it is the most precious metal, which is more suitable for the ordinary man. But, gold bullion can be a choice of some, as you get less than that for their money, thus creating less need for large storage space should you decide to store it on your own. May Still others want a combination of gold and silver bullion. This is understandable, because gold is ingrained in the psyche of the public, and the silver is seen as a close second. Few realize that above the ground is less verifiable silver than gold. Yes, silver is rarer than gold (above ground)! Whatever tickles your fancy, go for it! Remember the new GM has nothing to do with the general or motors, a gold coin.