Monetary disaster investors believe the Federal Reserve system is fundamentally flawed. Newsletters suggest hard assets of gold and silver bullion, coins, and other precious-metal-oriented investments such as mining shares. Survivalists prepare for paper money to become worthless through hyperinflation. As of late 2009 this is a popular scenario. Many will stockpile bullion in preparation for a market crash that would destroy the value of global currencies.
Here are just a few choice gems from The Prepper Journal's 11 Ways A Condom Can Save Your Life: starting fires (they're great at protecting tinder from moisture), hunting for food (sexiest slingshot ever!), and transporting up to two liters of water (yes, rule 34 applies; no, we won't provide the link). They also make serviceable stand-ins for rubber gloves and can be used to protect the muzzle of your other essential survival tool (killing it right now).
Common preparations include the creation of a clandestine or defensible retreat, haven, or bug out location (BOL) in addition to the stockpiling of non-perishable food, water, water-purification equipment, clothing, seed, firewood, defensive or hunting weapons, ammunition, agricultural equipment, and medical supplies. Some survivalists do not make such extensive preparations, and simply incorporate a "Be Prepared" outlook into their everyday life.
Robert A. Johnson sees his peers’ talk of fleeing as the symptom of a deeper crisis. At fifty-nine, Johnson has tousled silver hair and a soft-spoken, avuncular composure. He earned degrees in electrical engineering and economics at M.I.T., got a Ph.D. in economics at Princeton, and worked on Capitol Hill, before entering finance. He became a managing director at the hedge fund Soros Fund Management. In 2009, after the onset of the financial crisis, he was named head of a think tank, the Institute for New Economic Thinking.
He ushered me through, and, in the darkness, I could see the outline of a vast concrete dome, with a metal blast door partly ajar. I was greeted by Larry Hall, the C.E.O. of the Survival Condo Project, a fifteen-story luxury apartment complex built in an underground Atlas missile silo. The facility housed a nuclear warhead from 1961 to 1965, when it was decommissioned. At a site conceived for the Soviet nuclear threat, Hall has erected a defense against the fears of a new era. “It’s true relaxation for the ultra-wealthy,” he said. “They can come out here, they know there are armed guards outside. The kids can run around.”
“If you’re using it for emergency survival, the fact is you’re going to buy it once, and hopefully you’re not going to use it,” Shields said. “But it’s there as a safety net for you and your family.” That’s what intrigued me about freeze-dried food: You can wait up to a quarter-century to use it, but in an ideal world, you wouldn’t have to eat it at all.
Doug owns a rock hauling business in Tennessee and plans to bug-in with his family in his underground bunker. Doug, whose line of work has earned him the nickname "Rockman", also plans to use a hillside full of boulders as a defense to ward off potential threats. He is also stockpiling coins minted before the 1970s because of their higher silver content, which makes them useful for bartering. Jeff Flaningham is a single, Wisconsin native, who is looking for woman who will live with him in his decommissioned SM-65 Atlas missile silo located in rural central Kansas in the event of a catastrophic event. During the program, Jeff goes on dates with three women he has met through an online dating service. He then arranges a second date with one of them, Stephanie, to go visit his missile silo.
In the beginning, you might decide to buy food a bit at a time when you make your weekly trip to the grocery store. If you think your budget is just too tight to spend extra money building your reserves, consider this: Skipping the morning latte or the on-the-go-breakfast at the drive-thru can save you $100 a month if you're only spending $5 a day, five days a week. That's about $1,200 a year—plenty to get your emergency supply built up and invest in essential equipment and gear.