(The Economic Collapse Blog)—Are you getting prepared? Right now, millions of Americans are stockpiling food and supplies in anticipation of what they believe is coming. People are on edge due to the approaching election, the rapidly escalating war in the Middle East, the alarming natural disasters that we have been witnessing all around the world, and the potential for another great global pandemic. In all my years, I have never seen more concern about the next 12 months as I am seeing at this moment. There is a growing consensus that major history changing events are about to happen, and there are lots and lots of people that want to be well prepared. In fact, Newsweek has reported that “doomsday prepping” has become a 2.46 billion dollar industry…
The once-fringe act of doomsday prepping is evolving into a booming $2.46 billion industry, tapping into a societal pulse of self-reliance amidst a world of uncertainties.
Whether driven by the aftershocks of a post-COVID-19 environment, supply-chain disruptions, natural calamities, or geopolitical tensions, the narrative of disaster preparedness is shifting from the outskirts of society to mainstream households.
When I was growing up, I never once heard the words “prepper” or “prepping”.
But now a very large portion of the population is actively preparing for the collapse of society.
According to numbers that come from FEMA, approximately 20 million Americans have prepared well enough to be able to be on their own for at least a month…
According to an analysis of Federal Emergency Management Agency data, some 20 million Americans can withstand a full month of self-reliance. Within that number, there are those who identify as part of “preppers” communities online, which include enthusiasts stocking up on years’ worth of supplies or building bunkers.
Of course being prepared to survive for one month is not going to be nearly good enough to survive what is eventually coming.
But at least it is something.
These days, even Costco is marketing to preppers…
Amid Costo’s already stocked shelves of oversized jars of peanut butter and 12-pack macaroni and cheeses, there’s a hardcore new addition that is lighting up social media: The Readywise 150 Serving Emergency Food Bucket. For $100, the bucket includes 80 dinners, 30 breakfasts, and 40 energy drinks with a shelf life of—prepare yourself for this—25 long years.
“In a world where unpredictability has become a constant,” reads the description, “our assortment takes on a vital role in emergency preparedness. Imagine the sudden onset of severe weather, the challenges of unexpected job transitions, or the unsettling thought of food shortages.”
In addition to selling emergency food buckets, Costco has also become “a huge seller of gold and silver bars and coins”…
The wholesale club is also a huge seller of gold and silver bars and coins, which are extremely popular among those who are concerned about a breakdown of the financial system. (A one-ounce silver coin is currently worth about $30.)
Needless to say, it isn’t just Costco that has embraced this trend.
These days, many local supermarkets carry emergency food right on their store shelves. And I think that is a great thing.
But for what we are eventually going to be going through, you are going to need a whole lot more than just food.
If you really want to be well prepared, you should consider everything that you will need if there is no power and you can no longer get anything from the stores because supply chains have completely broken down.
I have shared a list of 50 basic things that I believe that everyone should be stockpiling in a couple of my books, and today I would like to share that list with all of you…
- A Conventional Generator And A Solar Generator
- A Berkey Water Filter
- A Rainwater Collection System If You Do Not Have A Natural Supply Of Water Near Your Home
- A Large Emergency Medical Kit
- Rice
- Pasta
- Canned Soup
- Canned Vegetables
- Canned Fruit
- Canned Chicken
- Jars Of Peanut Butter
- Salt
- Sugar
- Powdered Milk
- Bags Of Flour
- Yeast
- Lots Of Extra Coffee (If You Drink It)
- Buckets Of Long-Term Storable Food
- Lots Of Extra Vitamins
- Lighters Or Matches
- Candles
- Flashlights Or Lanterns
- Plenty Of Wood To Burn
- Extra Blankets
- Extra Sleeping Bags
- Ammunition
- Extra Fans If You Live In A Hot Climate
- Hand Sanitizer
- Toilet Paper
- Extra Soap And Shampoo
- Extra Toothpaste
- Extra Razors
- Bottles Of Bleach
- A Battery-Powered Radio
- Extra Batteries
- Solar Chargers
- Trash Bags
- Tarps
- A Pocket Knife
- A Hammer
- An Axe
- A Shovel
- Work Gloves
- Lots Of Warm Socks
- Seeds For A Garden
- Canning Jars
- Extra Supplies For Your Pets
- A Substantial Emergency Supply Of Cash
- Bibles For Every Member Of Your Family
- A “Bug Out Bag” For Every Member Of Your Family
There are some important points that I want to make about this list.
First of all, this is not a comprehensive list. It is simply a starting point. Second, preparation is going to look different for everyone. Your unique circumstances will dictate what “getting prepared” looks like for you. Third, you will not need your emergency food and supplies yet.
You will not need them tomorrow. You will not need them next week. You will not need them next month. But the day is most certainly coming when you will need them.
If you wait until then to get prepared, you will be out of luck. Getting sufficiently prepared for what is approaching takes an enormous amount of time, effort and energy. But it will be worth it.
We are moving into times of immense societal chaos. This election is going to tear our country apart, vast numbers of people will die during the wars and famines that are ahead of us, it is just a matter of time before the next global pandemic strikes, and if you live long enough you are going to get to witness cataclysmic natural disasters that are beyond anything that Hollywood has ever dreamed up.
- Concerned about your life’s savings as the multiple challenges decimate retirement accounts? You’re not alone. Find out how Genesis Precious Metals can help you secure your wealth with a proper self-directed IRA backed by physical precious metals.
Right now, we are still only in the very early stages of this “perfect storm”, but I fully expect global events to start moving very, very rapidly in the coming months.
Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.