Monthly Archives: February 2013

Prepping with Silver

silverSo far I’ve just grown my 401(k), stock portfolio and savings but in case ¬†SHTF those might be worth nothing or they might not be accessible. I also keep some cash in my safe but paper money could become worthless. That’s why I’ve been wanting to buy precious metals for quite some time now but never had the time to really figure out what and where to buy.

There’s a lot of different choices you could invest in gold, platinum and rhodium in addition to silver but using them in a bartering situation might be quite inconvinient because of their value unless of course you are buying something a lot. Silver is more convinient for bartering. So as a test run I just bought myself a few 1 troy oz .999 fine silver bars and rounds from APMEX.

I chose those over coins because they have lower mark up and the numismic value of the coins might not be the same in an emergency situation. Also I’m not a collector so they don’t have any value to me other than what they are worth in their silver content.

Even if there’s not a total collapse of the financial system precious metals are a good investment against inflation and hard times. The value of precious metals always goes up when there’s bad financial times but when it’s good times the value usually goes down. Usually you’ll want to buy when it good times and the value is low. Currently it’s not at it’s all time high so it’s not the worst time to start but I do wish I had had started 5 – 10 years ago but little did I know then about investing.

Now that I’ve started this and it was pretty easy to buy from APMEX I’m going to every now and then when the silver price dips. I’m also now looking into getting some “Junk silver” in form of half dollar silver coins that are 90% pure silver. Will report on that later.

Introducing a Prepper’s Journal

doomsday_gas_mask_240x240Hey fellow doomsday prepper’s! My name is Mika and I am preparing for the zombie apocalypse. Not really, I’m just kidding. That’s what we joke about with my colleagues. I’m really just preparing for any event that could turn the little city of Los Angels, California into total chaos. It could be anything from an earthquake to tsunami to economic collapse to a terrorist attach. I don’t really go into extremes with my preps but I still want to be somewhat prepared to have an edge over those who are not prepared.

I like camping, hiking, shooting guns and of course prepping. I’ve only really started getting into the whole prepping mentality after I moved to USA from northern Europe. Especially living in the city of Los Angeles has made me much more aware that I need to prep for both my wife and me. I’m going to be posting reviews of gear I buy and also write about online resources I discover.

My wife doesn’t know that I prep but she’s totally on board with being prepered for an earthquake and she also likes camping and being more self sufficient. Well as much as you can be while living in the city in a small apartment.

I hope you find this blog useful.