Business for Hardened Structures, an engineering firm based in Virginia Beach, is up roughly 40% since 2005, co-owner Brian Camden says. Some of his clients buy gold and silver and other precious metals as a hedge against a possible collapse of the currency, and they want to be able to protect it and their families, he says. So his company designs ways to build underground bunkers, strengthen walls and improve security systems on homes.
Say you're at work and a terrorist attack occurs. Roads are closed to any and all traffic but you only want to get home - even if that means walking. You may not want to grab your full on family pack in the car or you may not even be able to get to it. But you just want a light kit to get you through. How far is it to get home from wherever you may be? This get home kit should provide for 1-3 nights of traveling on foot till you make it home.
The kind of gear you need – It’s easy to get obsessed with survival gear and start accumulating every new product that comes on the market. If you have money to burn and engage in a variety of backcountry activities this might be a sound strategy. Most people however decide pretty early on what type of outdoor activity floats their particular boat and as such any survival gear should have some sort of relationship to that activity. Everyone, for instance, should have an emergency whistle with them but not everyone will need an extreme sleeping bag. Everyone will need first aid items but not everyone will need to carry croval shovel or a tactical watch or field watch. If you’re a mountaineer you’ll probably want that shovel, especially if you’re climbing in the winter. If you’re going on a day hike and aren’t bringing food that requires preparation there’s no need for a mess kit and so on.
I just did a quick calculation and found that the spot silver-to-spot gold ratio just hit 86.6-to-1. This is an ideal time to ratio trade out of gold, into silver. And if you haven’t already done so, I suggest getting shed of any “paper”/ETF metals, and parlay that into physical metals, in your own possession. With more market mayhem on the horizon, it is time to hunker down.
Shields said that the company noticed an uptick in sales in the months leading up to the 2016 presidential election, and, again last year, amid fears of nuclear escalation with North Korea. Like Wise Company's former CEO Aaron Jackson, whom Bloomberg previously dubbed “America’s Survival Food King,” Shields said he likes to think of Wise’s products as “an insurance policy.”
To Levchin, prepping for survival is a moral miscalculation; he prefers to “shut down party conversations” on the topic. “I typically ask people, ‘So you’re worried about the pitchforks. How much money have you donated to your local homeless shelter?’ This connects the most, in my mind, to the realities of the income gap. All the other forms of fear that people bring up are artificial.” In his view, this is the time to invest in solutions, not escape. “At the moment, we’re actually at a relatively benign point of the economy. When the economy heads south, you will have a bunch of people that are in really bad shape. What do we expect then?”
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