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Ready cash

6821 Views 150 Replies 78 Participants Last post by  USARV72, 
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Let's say I want to have $10,000 in ready funds available not in a bank. What is the best/ safest form to have that money in? Is there anything better than just paper currency? Just thinking out loud here...
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Kendel58 said:
Let's say I want to have $10,000 in ready funds available not in a bank. What is the best/ safest form to have that money in? Is there anything better than just paper currency? Just thinking out loud here...
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Hard to find anything better for "ready funds" than cash. At least as long as people will accept it for what you need. Going past that it is hard to say.. Are we talking about a late winter storm or a nuclear war?
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I picked up another book today. These two guys have some pretty good observations to share. Of course that assumes that anyone here is actually interested. I actually am interested in what these guys have to say. Oh and I did not buy the Kindle version either.
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TheDreadnought said:
Gold/Silver are useless for disaster preparedness. Their only use for the individual person is speculating.

For a minor SHTF event, paper currency is what people will want and expect. Lots of it.

For a major event, nobody will give a ** about your worthless metal. If you can't eat it, drink it, wear it, shoot it, drive it, fly it, or ** it. . . nobody will want it.
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That is why backup plans are always worth consideration.
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USARV72 said:
Have and am increasing my” supply of booze” for trading, IIRC 20-30 pints will fit in some of the plastic storage boxes. Each bottle is wrapped in bubble wrap.
Forget the guys name but he is Serbian? that wrote several articles? books on how his family survived the war there in the 90s, very interesting and informative.
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Him and another guy have published a book since then. I picked up a copy of it the other day. Just skimming over it so far. A lot of it is old news to me. But he does make some pretty interesting observations.
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FDM1 said:
I have looked into some of the Mormon prep food but have always wondered which tastes the best? I bought a canister from Costco a few years ago but the food was bland at best.
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Something to consider but if it comes down to it some food even food that you might not be too fond of is going to be better than no food at all. And a Lot of that stuff that is marketed as "survival food" is overpriced and substandard. You can do better just buying normal items that have a long shelf life.
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MikeFlorida said:
I've been reading the comments and have to ask: "If I had a stash of food, water, generator, and other goods, why would I sell anything for metal coins?" Unless I were sitting on a mountain of goods, why would one sell? Metal might be good for a store of value AFTER the emergency, but I do not see the value for purchasing goods/services during the time of disaster--sure cash is good short term, but eventually people undestand that they cannot eat it.

I like the seeds idea, but how long does it take to obtain produce? What if the emergency is during winter?

I have a modest supply of food, a water filtration system, some metals, and guns with an appropriate amount of ammo. SO, what do I do after the first few weeks?

What about the people who live in large cities?

Other than leaving for farm land, where are you going to go in a vehicle? Why would car repair be a particularly important commodity? Have any of you northerners been through a gasoline shortage? Assume EMP, no gas pumps, no electronics, and PANIC. I can tell you getting gasoline will be a major problem; additionally, what about getting stranded in the middle of no where in your car (during a snow storm). I'm sorry, but I just do not 'get' it. Please explain.

Mike
Florida
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Forget about the seed thing. My wife and I grow most of our own food and then some. Somebody that does not know anything about growing food that thinks that they can get from seeds to a big pile of food without a lot of other things going into it to include prepared soil, crop protection and a modicum of knowledge about what you are doing. They are living in LaLa land.
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I expect that good governance will see us through any adversity we might go up against.
After all it has been working to date.

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