Thursday, July 2, 2009

Canned Food -- Worth its Weight in Gold

Now I’m not what you call a hard core survivalist, but I do believe in being prepared. Because it won’t be long before we experience an event or series of events that may trigger a major disruption in services. The event(s) could be anything from a bank holiday restricting access to cash via a bank or ATM, to a pandemic requiring a temporary quarantine and the implementation of martial law. The disruption may last a few days or weeks, but a disruption is coming and it won‘t be long.

Many survivalists and gloom and doom blogs espouse acquiring an endless supply of guns and ammo, water filtration systems, six months supply of dehydrated or freeze dried food, trip wire alarm systems, and closed circuit cameras. Most Americans don’t have the necessary capital to invest in all this equipment, nor do they have the inclination to alienate themselves from society and prepare for a Mad Max showdown between child visitations and dental visits. Nevertheless, of one thing you can be certain: we are headed on a downhill path to the destruction of empire towards a major cultural upheaval far worse than anything seen during The Great Depression.

The descent into chaos has already begun; the decline has unraveled slowly but is gaining ever more momentum as unemployment benefits are beginning to expire in waves of hundred thousand blocks, casting the jobless -- stripped of unemployment benefits -- into the ranks of the already swelling welfare rolls as state after state begins falling like dominoes into default. Eventually state aid for food and services will be terminated or so drastically restricted few will qualify to receive aid.

Sooner or later the money you have in an IRA or 401K will be worthless, eaten away by hyperinflation -- I don’t care what deflationists preach; the price for everything that matters is going up (gasoline, electricity, heat, food), as wages go down -- or worse confiscated by the federal government. It’s too soon and costly to stockpile gold and silver coins. But there is something you can do with whatever disposable income you may have now; something that’s within the grasp and purchasing power of working Americans; something you can stockpile that’s truly worth its weight in gold -- canned food. Canned food has an indefinite shelf life, and is far less expensive and more convenient to buy than dehydrated or freeze-dried food. You can build supplies of canned food weekly, search websites and store ads, and shop around for special buys at several supermarkets, but begin stockpiling canned food now.

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