In the event that the economy fails, or the government decides that in order to save the economy they have to halve federal pensions (or worse), or maybe they will decide on another major devaluation of the dollar by printing more greenbacks without anything to back them up, or if the government tries to take over militarily or by police force, or in the event of a major natural catastrophe or even a friggin' Zombie Apocalypse or maybe just shortages of consumer goods just as there is now a shortage of guns, ammunition and related items on the market - I want to be able to kind of, sort of, assure I do not have to start bartering what scant ammunition I have on hand in order to get other things that I do not have. That begs the question - What other things should one be buying now to avoid that kind of mess.
My guess would be the number one thing to buy would be food and water storage containers. That is unless you have lots of money right now, in which case I would probably be buying gold and silver and food and water. I do not have a lot of money on hand, so I think maybe I will at least try to buy some kind of long lasting food; maybe I can sneak in a few ounce of silver too. While I see no shortage of gold or silver forthcoming, I can see the prices rising, even now, especially for silver as fears of a worsened economy or a collapse increase. I don't think buying silver now is a good money making proposition but I do think it was a good idea to have some on hand, and some gold too if you can afford it, in the event the economy does collapse. If the economy fails, your dollars aren't going to be worth shit.
Now back to that other commodity that you might want to consider buying - food. Buying things like containers of emergency foods that can be stored for the long term is a good idea. Why, well just because shit happens. People were pretty hungry during the great Depression, during WWII also. The way things are going nowadays, I can easily envision them getting worse before they get better. I do not plan to be caught standing behind the trucks, off of which soldiers are tossing bags of flour or rice to the peasants, when the food riots break out. Is that really going to happen - beats me but I have stood on cheese lines before and shopped with the food stamps that my mother got a long time ago and do not ever intend to do either again. I certainly do not want to see my kids ever have to do it.
Emergency food comes in varying degrees as to quantity. You can get anything from a year's supply for a family of four (a pallets worth of it) down to an individual can of it. I do not think most folks are in the economic position to be buying a year's supply of food at one time, let alone having the facility to store all that food - heck I would have to buy another place just to store that much food. So instead of buying all that much of it at once, you can tailor your buying to your budget and to your storage space. Buying a bucket of emergency food per month, like a 40 lb. bucket of flour, or a bucket of powdered milk, a 20 lb. bucket of rolled instant oats, or a 35 lb. bucket of dried kidney beans, or a bucket of rice, or sugar, or honey and many other long term storage food items can be done, on a fairly low budget, by purchasing one or two such items per month. If you don't use it wit he next year or three - so what - a lot of it will store for up to 20 or 25 years unopened. You can also lay in a stock of things like canned foods such as tuna fish, sardines, veggies, or even canned meats. Spam lasts, I think, at most for about 3 or 4 years but you have to look for the 'best by date' to figure out by when you need use it up.
While you may not have enough room in your apartment or house to stock up for a year for a family of 4, maybe not even enough room to put away enough for 6 months for two people, you sure want to consider having enough spare food to last you and yours at least a month.
Now, back to the original idea. Remember I asked about what to buy now that guns and ammo have become scarce. A lot of other folks are probably asking themselves the same thing because either they have more than enough in the firearms and ammunition stockpiles or because they simply cannot find any more in stock - so they need something to do with their money now. My guess is, that if they have not done so already, they are going to start buying other commodities like the ones I just mentioned. That could bring on new shortages of things that seem to be in abundance right now. Let me assure you, if they start selling like guns and ammo started selling, food supplies will be out of stock within a month or two at most. Why - because while not everyone was buying guns and ammo - everyone eats and buys food. If panic buying of food starts, for whatever reason, food is going to become scarce really quickly.
If food panic buying does take place, then gold and silver will soar. Neither one probably will become as scarce but they will become super expensive and may wind up being the only thing with which you can purchase food.
Think about that and consider buying now.
Wondering where to buy things like those I just mentioned. Here are a few places you can try:
Gold & Silver:
APMEX
KITCO (Mind you, I think their minimum online order has to amount to $2,500 but you may be able to order in lessor amounts over the phone.)
I have used both of the above, in the past when there was no minimum order size, and they gave good service and I hope the real McCoy when it comes to what I purchased.
Emergency Food:
COSTCO (I have made several online purchases of such stuff from them. I had to return one that had been shipped to me and was faulty. They took it back at a warehouse, no questions asked. They also would have arranged for return shipping if I had preferred it.)
SHELF RELIANCE/THRIVE You can purchase their products from COSTCO but you can buy directly from them too.
EMERGENCY FOOD WAREHOUSE I have never purchased from them; I found a link for them on The Survivalist Blog.
All the best,
Glenn B