A survival cache (some people say Cash-a and others Cash) is just about what it sounds like. It is a store or stockpile of something of value you can use in the future for you and your family to survive if needed.
This is not like life insurance or a traditional investment program; this is "no holds barred", "rip the meat from the bones" hard cash storage of money (or valuables) that you can get at in a moments notice while a dramatic situation is happening.
What is a survival cache? What should a survival cache be?
These are two very important questions and they can only be answered by you. Your situation and foresight will determine these answers.
If social and / or political instability are issues, or if there is a possibility of a government collapse, the storing or hording of paper cash from your country is probably not the best solution. Confederate dollars, old Russian money, Yugoslavian "Yugo's" and pre 1971 Argentina Peso's are a perfect example of paper that is worth less than newsprint.
With the fluctuation in prices of major "global" currencies, their true value is in question also. If you follow the value of your home currency against the foreign currency market, that is a good indicator that you are too "heavy" in your local paper.
The price of gold and silver has not changed for the last 2,000 years. WHAT did I just say? Do you think I am crazy when silver has climbed thousands of percent and gold hundreds in recent times?
Since recorded history, one ounce of "fine gold" (probably 90% pure or higher) was the cost of a fine suite, which it is today. One ounce of silver was the daily wage of a laborer, which it is today.
In today's world the price of precious metals does move up and down a lot and sometimes quite violently, but with the total deterioration of a banking system and society in general the value of these metals will show their true colors.
There is a very real possibility that at some point in the future, the value of the Euro or the Dollar will be the same as the old confederate money and you will need to run to the bakery with a wheel barrow full of bills to buy a loaf of bread before the value drops so much you need to run there with 2 wheel barrows full.
The value of gold and silver on the other hand never changes. Your paper may go up and down in price, but the price fluctuations are against the value of the metal vs the demand. The price of a loaf of bread is still 3 grams of gold, the only thing that changed was the value of your Dollars.
If I was putting together a survival cache, I think I would probably try to focus more on gold and silver than I would on paper. I would really be disappointed if the piece of paper I held yesterday was worth an ounce of gold and today it is not even worth using to light the fire because the electricity has been shut down.
For more information on a proven and affordable way to secure emergency cash/gold or other valuables at home please visit http://www.smallhiddensafe.com
Copyright SierraBASE LLC 2011 May reproduce with a link back to http://www.smallhiddensafe.com
Friends Link : cuisinart multiclad unlimited 12 piece cookware le creuset 9 piece cookware set staub 9.5 inch saute pan
