This brings us to gold: this metal occupies an interesting niche, because its value is driven chiefly not by industrial applications, but by direct consumer demand and by its status as a mainstream financial instrument. In fact, investors and governments alike frequently flock to it in times of economic uncertainty and stagnation, as they did in the wake of the financial crisis of 2007. Of course, this goes both ways: should the economy pick up steam, the demand may decrease and the currently elevated prices of gold may fall closer to their historical, inflation-adjusted average of $800 per troy oz. Still, the metal is an interesting and reliable hedge against economic disasters, especially given that it is very easily bought and sold. If you are worried about hyperinflation, you may want to convert some of your savings into this shiny commodity, although I wouldn't go over 20-30% or so.
In private Facebook groups, wealthy survivalists swap tips on gas masks, bunkers, and locations safe from the effects of climate change. One member, the head of an investment firm, told me, “I keep a helicopter gassed up all the time, and I have an underground bunker with an air-filtration system.” He said that his preparations probably put him at the “extreme” end among his peers. But he added, “A lot of my friends do the guns and the motorcycles and the gold coins. That’s not too rare anymore.”
Freeze-dried dinners. Popular with hikers. Extremely lightweight (up to 2,500 kcal per pound) and surprisingly tasty. The most reputable brand is Mountain House. Fairly expensive on a calorie basis (100-150 kcal per $1), but you get a choice of raspberry crumble, chicken with dumplings, bacon and eggs, and everything in between. Storage life in excess of 15 years. The drawback is that they need some boiling water to reconstitute (cold water will also work, but not make a tasty meal).
"Over the years I've found Jim's advice on his blog and other books to be sound, practical, and budget-friendly. This book continues that same down-to-earth tradition and is an enjoyable read. His writing style is pleasant and conversational, even when tackling difficult subjects, such as how deep to bury a corpse!" -- Lisa Bedford, The Survival Mom (TheSurvivalMom.com)
High-sugar energy bars. Grocery store brands have limited shelf life, but several prepper-targeted, Mylar-packed varieties can last 5-10 years. Such products are inexpensive (~300 kcal per dollar), convenient, and energy-dense (~2,000 kcal per pound). On the flip side, they are probably pretty nauseating as your primary food. Imagine living solely off Jelly Bellies for a week.
“The answer is you probably could,” she said. Though research suggests it might cause a mild depletion of vitamin C and other antioxidant chemicals, she explained, freeze-drying fruits and vegetables doesn’t have any significant impact on their nutritional value; packaged as stand-alone ingredients, they can even make for a healthy alternative to more caloric snack foods.
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