We are looking at getting an 80 day supply of food from "Foodinsurance.com" (if there is a better source for emergency food please let me know) and using the rest of our funds to purchase silver.
We already have the firearms and ammo thing covered.
I just want to know if there is a better use of our limited funds other than food and silver?
I would much rather use that money in other (fun) ways if I can.
I think that 14 days to 30 days of food, water and medicine is fine for disaster preparation. I think that more is a waste of time, and I think that purchasing silver (which is historically expensive at the moment), is unnecessary and a poor investment.
If you think we’re on the brink of some sort of Depression or economic reset, my advice would be to spend the money acquiring some sort of recession-proof skill. Go to night school to learn skilled machining, or get your EMT or Paramedic certification. Skills are the best trade goods, and once you have them, no one can take them away.
Remember NO GAS, NO HEAT, NO PLUMPING!
Also try http://www.efoodsdirect.com/
They are similar to Food Insurance.
Do you have a reliable, independent source of water?
I've got that stuff from Costco, because I'm a cheap barstid, and I use it, not for SHTF, even though it would be handy to have.
Toilet paper is another bulk purchase I like. It's never going to get cheaper, and you are always going to need it.
In terms of food, I like my local grocery store for emergency food. We store what we normally eat - just buy one or more months in advance. Spaghetti is good for a long time, as is rice, canned food, and a long list of other foods that you already eat. It's also cheaper than "emergency food", and you know how to cook it. A pound of starch (whether pasta or rice) has about 1600 calories, almost enough to feed one person for a day. Thus two 20 pound sacks of rice will feed a family for a month (not really, but it's a month's worth of food if it's paired with an equal number of calories from canned tuna/chicken/spam, canned tomato sauce, canned soup, canned fruit, etc. All I would do is freeze the rice and pasta for three days to kill any bugs or eggs, and then store it in a plastic container. Otherwise, the shelf food from your local grocery is ready for your emergency pantry.
If you have a month of emergency food (or three months, or a year) and rotate it with new purchases, eating 1/12 of the stored food every month or two, your stored food is always in date and fresh.
Nobody knows for sure, but I think the precious metals are due for another rise soon, and I think that silver is probably a better bet than gold at this juncture.
Also, if you’re talking about survival, then I’m not sure how much good a gold bar would be, especially if you’re talking about moderate funds. Most likely silver coins would be a better bet, and nothing fancy at that, but just something you could exchange with real people in the neighborhood.
You might also want to give some thought to useful stuff that will keep, like toothpaste, aspirin, bandaids, toilet paper, soap, razor blades. If the S doesn’t HTF, then you can always use that kind of stuff, and it will probably keep going up in price, so the money’s not wasted. FWIW, I find that beer will keep in a cool place out of the sun for at least a year.
Advise to title threads with something like ‘Thinking of purchasing emergency food’, or ‘preparedness food’ and silver’.
It’s always a personal decision based on what you are preparing for. You build a matrix of what might happen and the impact of what happens vs. the likelihood then direct your resources accordingly.
1. 10 mile diameter asteroid impact is not very likely but devastation would be complete, so you’d have to get off the planet. If you had $4000 Billion dollars you could build a compound on Mars. But since it isn’t likely and you can’t afford to mitigate it, look to see what you can do for another item in the matrix.
2. Bank failures leading to a month of financial chaos, food shortages and urban riots. Given where we are, odds might be 20% that could happen. So extra money (silver), food, and protection (guns and ammo)could help you weather that.
3. SHTF - EOTWAWKI - maybe less than 1% chance, but part of mitigating it overlaps with #2 on your list, so makes sense to start with that prep anyway. You’d have to add some self sustainability, like being able to grow you own food, etc. in this scenario.
Bottom line, you have to eat, you don’t want to end up in the middle of a food riot to do that, or a FEMA camp, so I’d go with as much food as you can store if you are in a safe area, and as much as you can carry with the balance in silver if you are not in a safe area. Even if you have weapons and know how to use them, if you end up having to it will be a bad day.
In a serious collapse, silver would be hard to barter with. Generally, silver has value due to manufacturing needs (among others), and in a bad downturn, that would obviously be lacking.
Now gold, in small allotments such as coins, not bars, would have some value in bartering. But, generally you should think of it as a hedge against the devaluing of the currency, not necessarily a SHTF type situation.
But funny you post this, as I’m currently looking into buying gold finally, along with the assorted costs (safe deposit bank rental, insurance on same) which all have a price. But, I finally pulled everything out of the stock market (except for one stock that involves the WAMU bankruptcy, remember that?). Buying of gold is just a hedge, not a alternative to a total meltdown. In that case, yeah, food, water, ammo, medical supplies, although not necessarily in the order...
Food is food. By more of what you already eat. If you want to really cover you butt, buy some filler in bulk. 40 lb. bags of rice are relatively cheap.
Make sure you have several firearms and plenty of ammunition. Silver is an iffy proposition. Supposing a real SHTF situation, I don’t care much about precious metals.
Good luck and God Speed!
Before you go blow a bunch of money, read through some online lists/advice like http://www.survivalblog.com/
You’re not the first, so borrow other people’s knowledge.
For my own 2 cents, I’d avoid buying “survival foods” and having them shipped to me. Those companies are good outfits and decent people, but you can do much better economically stocking up in local big stores/discount stores. Just think about it, why would you pay a premium and shipping charges to have a #10 can of rice mailed to you? For MRE’s and the like online it’s fine, but for survival basics just go to the dang store and load up on staples that last. Your study of survival blogs will tell you what to get and how to store it. And as always, integrate basics into your diet before the crunch, so you don’t go directly from McDonald’s to beans and rice with the not too fun digestive consequences. And start gardening!
As for metals, again just my 2 cents, instead of buying some online outfits silver bars or micro mint pieces, just start a silver coin collection if you have that hankering. Pre 1964, let’s say. It’s recognized and likely to be honored everywhere. If the SHTF scenario doesn’t come, you have a nice little investment. If it does, US coins with recognized silver content will be easier to trade than some dubious hunks of metal from Joe’s Website.
JMHO, best of luck to ya!
Don't allow yourself to get overwhelmed by all of the essentials. I, myself, have spent ten years prepping. If I had tries to acquire all that I have now instantaneously back then, I would have sat down and cried and just given up. Plan your purchases, do it briskly but within your means and keep your eye on the objective.
Food Insurance is a decent line, but you can save quite a bit of money by purchasing individual essentials from Emergency Essentials. They are now my ONLY source.
I went to LDS purchased cans lids and oxygen absorbers.
they lent me the canner.
i then bought 50 pound bags of milk flour sugar rice beans and oatmwal. canned them up in a few hours. costs 400.
i have several months of food. most cans last up to 20-30 years..
do not use ox absorbers in sugar.
bought 275 gallon water cistern for 100.00.
bought rain diversion kits for 80 at amazon.
invested in 10 bags of calcium hypoclorite(pool shock 78%) for water treatment. Cost 40.00 . does 100,000 gallons.
BJ’s, Costco or Sam’s Club. Pallets of canned ham, canned beef, canned pasta, canned soup, canned vegetables that are at least one year away from expiration. It is cheap. It doesn’t look weird to buy large flats of cans. They are easy to stack for storage. You save money over freeze dried while building up stores. It is easy to rotate by using up each layer of the flat. Buy what you’ll eat, then eat some while putting the rest back in a storage location. Canned items also overwhelmingly save effort, since much of it can be eaten without cooking or requiring additional water, a major issue if utilities are shut down.
Food before silver if your budget is limited.
My fave is www.waltonfeed.com
They sell grains, powdered milk, etc. in #10 cans and 6 gal. pails. Some of the stuff will keep for several decades unless you open it.
I bought a grain mill and make my own 8 grain flour with grain mix from them. Along with a bread machine that means top quality, very healthy bread. Keep your flour in the fridge to prevent spoilage (no preservatives).
I also eat a lot of their organic brown rice which I keep in the freezer.
You will save enough money in a year to pay for a pallet of food from them. A few hundred dollars will provide enough basics to feed a family for a year.
I am with the others. If $4000 is all you have, then buy food. Everyone has to eat and food will be the ultimate barter good. Buy bulk bags of rice, pasta and lots of cans of tomato sauce, and don’t forget multivitamins.
Gold and silver make you a target (especially for the ruling elite). Seeds, fertilizer, sprayers, garden tools, and food storage equipment are a much better investment. Put in a chicken coop if you have room.
The best investment is to insure that you live among trustworthy people. I moved a few years ago from Suburban DC, to that small community in Kentucky where I grew up. Not much going on here, but I’m surrounded by people I’ve known all my life, and can trust in a crisis.
For an 80 day supply why not buy stuff you normally eat at the grocery. Set up a spreadsheet noting when the item was bought, what box it is in, and what the expiration date is. After you get to the point where you have six months worth then look at foods that have a shelf life of at least a decade. There are lots of foods in buckets that are not too price. Look at Emergency Essentials, the Survival Mom, efoods, and Capt Daves. Don’t just compare prices, compare calories per day. BTW, for $4,000 you can buy more than a year’s worth of regular food.