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One school of thought popular in the prepper community is to convert some of your savings into commodity metals: copper, tin, silver, platinum, palladium, and the likes. All of them are easy to store, last indefinitely, and will certainly hold value far better than a fiat currency in free fall. On the flip side, you may still need to accept substantial loss: an economic collapse will disrupt industrial demand, causing the prices of many such commodities to slump.
Read up on the safety rules pertaining to your weekend hobbies and to your daytime job; ask others about their horror stories, too. Be very careful around select power tools, such as chainsaws, table saws, angle grinders, lathes, and nail guns - they have quite a penchant for taking fingers off and eyes out. (Table saws in particular are responsible for about 30,000 serious injuries annually, or about 40% of all workshop accidents.)
Chances are that you have these foods in your kitchen right now, and you already intersperse them into your menus on a daily basis. I like to have at least – at least – a one month’s supply of these first layer foods. Having a supply that will see your family through at least a month means that a short-term emergency will hardly be noticeable to your family and that they’ll experience very little difference in the way they normally eat.
Now, when asked about the best way to make a residence burglar-proof, most people would probably mention getting an alarm system. But alarm systems are fairly weak deterrents against theft; most statistics suggest that they reduce the likelihood of a break-in by around 50%. So, do the math: take the costs of installing an alarm system (probably around $2,000 for a comprehensive solution), plus the ongoing monitoring fees (easily $200-$500/year), and then contrast these numbers with the likely loss in case of one or two break-ins over the next several decades. Keep in mind that even if the numbers are favorable, a high-quality safe ($500+) may still be a more cost-effective approach.
Tim Ralston — A survival tool manufacturer (the Crovel), loses part of a thumb during firearms practice for the show; Jason Charles, a New York City fireman-turned-prepper, demonstrates urban survival skills; Jules Dervaes is preparing for the collapse of the industrial food system; Pat Brabble insists on surviving hyperinflation by planning ahead.
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