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submitted 3 months ago* (last edited 3 months ago) by goldenquetzal@lemmy.world to c/shtf_preppers@lemmy.world

โš ๏ธ Disclaimer: we are not financial advisors nor should this be considered advice. It is a collation of resources and personal experiences. Always consult with your own financial advisor, accountant, and tax specialist. If something happens, we are not liable.

๐Ÿ“– Reading


๐Ÿฆ Banking

Out of country banking and reliable banks as US citizens. This is a bit difficult due to FATCA.

  • Swiss banks (may need min. $250K)
  • HSBC Premier UK (need ยฃ100K in savings, investments, or income to open this account, details below)
  • RBC Canada (no minimum but need to verify identity in person. You can apply online but it's better to call. Reason why and details in this post)
  • ScotiaBank Canada (no minimum but need to verify identity in person; you can also go to ScotiaBank Mexico to do this if you are closer to the southern border)
  • Singapore (may need min. $250K)

What if you don't have much money?

That's okay. Most of us don't. You can use WISE or Revolut (or similar) to hold funds in a different currency. Both are great options. Note that they are not insured so you could lose your money. They're better for short term holding. You can also use WISE to send money to places like BullionStar through PayNow for more security and faster fund transfer.

More in ๐Ÿงต due to post size limits ๐Ÿ‘‡๏ธ

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[-] goldenquetzal@lemmy.world 2 points 3 months ago

๐Ÿช™ Currency

  • SPDR gold shares
  • BullionStar link to buy gold and silver (can also do their Bullion Savings Program since the fees are quite low - 0.09% per year) to be held in their Singapore or New Zealand vaults.
  • SD Bullion, Summit Metals, APMEX, Hard Metals Alliance, Costco - many options.
  • You get more for your $ starting at 1oz and higher for metals. Smaller quantities that you can break apart are valuable for bartering, though. Look for "combibar", "goldseed", and "multigram". Example of multigram:

๐Ÿงป Bartering

  • Good bartering items are products that meet one or more of the following criteria:
    • Relatively cost-efficient - things you can buy in large quantities now without having to spend a fortune; the value may increase over time if there is high demand + limited availability.
    • Long shelf life to ensure they stay in optimal condition as long as possible.
    • Convenient to store (lightweight, small in size, easy to store/transport, last long.)
  • Essential Items to Barter from Crisis Equipped
  • Core bartering items - think about luxury or comfort goods:
    • Coffee / tea
    • Chocolate
    • Alcohol (for drinking and medication/tinctures)
this post was submitted on 26 Apr 2025
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