Strategies for the Coming Apocalypse

[Mark N.A]

As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.

I have two questions:
1) Are you worried and, if so, how are you preparing?
2) Since all ‘disasters’ have within them the seeds of opportunity, what opportunities do you foresee and how will you exploit them?

Personally, I’m worried, but baby, I’ve been worried since the 70s. I’ve raised my cash position in FDIC-insured institutions (sure wish I’d done it sooner). I’ve got cash on hand in case there are any ‘bank holidays’. I’ve got some junk silver because, well, some book I read in the 70s said that was smart. Got my pistols, rifle and shotgun, but should probably stock up on more ammo. Don’t have debt. Don’t have any MREs or a big stockpile of food.

If deflation hits my cash will grow in value and my real estate and stocks will sink. If inflation hits my real estate will, hopefully, keep up, and I can, hopefully, raise rents.

As for coming opportunities I’m trying to stay nimble but conservative. I don’t want to be the first to jump on the next gravy train, but I don’t want to be the last, either. And I most definitely don’t want to jump on some runaway train to hell.