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4 Piggy Banks for the ‘working poor’

Unfortunately for me, I most certainly fall into the bracket widely-regarded as ‘the working poor’.  Having arrived back in my home country England after a few years in the far-east I found a country in an economic decline of epic proportions. I therefore took an interesting yet low-paid ‘job’ working with those with learning disabilities and/or mental-health problems.

My take-home pay is a mere £230 per week, but this is sufficient if you put your head in gear and think of methods to accumulate tangible assets for the upcoming paradigm shift.

Before anything else, you should obtain a food and seed bank.   Get real seed, and never purchase F1 hybrids.

Once the basics are in place, you should then consider your monetary metal bank.  Do you have any savings in the high-street banks?  If so, why would you do this?

I was fortunate to accrue approximately $10k in savings whilst in the far-east.  This was quickly converted into precious metals mid-2010 after I discovered the behaviour known as usury.  I’ve continued to purchase silver ever since, and I’ve four primary ‘monetary metal’ banks in play at the moment.

Bank One: Precious metals savings store

As stated I had a ‘head start’ on this bank as I had a small amount of savings.  I didn’t know anything about how the monetary system worked until mid-2010, and after reading Mike Maloney’s book ‘Guide to investing in gold and silver’ about seven times, I cashed-out with 10% gold and 90% silver new savings account.  After following Chris Duane’s advice, I’ve since converted the gold into silver through selling the gold then buying more silver.  My precious metal savings store, as of Dec 2011, is 100% physical silver.

Due to my low income, I now add to my precious metal account with small purchases.  My last buy was fifty 1/10 troy ounce coins in a tube, and just prior to that I bought a 100g bar.  It is still possible to accumulate silver at today’s bargain prices, and it’s better to have some than none at all.

Bank Two: Copper

My ‘gut’ tells me that silver will not become a currency in my area, nor will it become the currency in many areas across the western world.  Silver will be a store-of-value, but the everyday run-of-the-mill folk will probably utilise the semi-precious metals of copper and nickel.

If you’re in the UK then I suggest you collect-in the 1971-1991 one pence and two pence coins.  They are 97% copper and a face value of 128p equals a full pound weight of copper.  Four two pence coins have a total weight of one ounce, and eight pennies also equal one ounce.

If you’re in the US, simply collect the bronze pennies in circulation.

Bank Three: ‘White copper’ in the UK, or ‘Nickel’ in the US

What the Americans call a ‘Nickel’ is starting to be regarded as ‘white copper’ amongst the Brits.  These coins have a 25 % nickel and 75% copper content.  These coins, like the pennies mentioned above, will be far more valuable once this debt-based paradigm has collapsed, than they are under the current system.  Fish them out and store your ‘white copper’ or ‘nickel’ in a separate jar/tub.

In the UK, the 5p and 10p coins are the main coins to fish-out.  In the US, fish out the ‘nickels’ which are 5grams of cupro-nickel.  $10’s worth of ‘nickels’ weight a full kilogram – bargain 🙂

Bank four:  Paradigm shift monetary metal

Many people will advise you to hold some physical cash for the early stages of the fiat collapse and I agree with their views.  However, I advise you also use monetary metal instead of physical paper.

My ‘paradigm shift’ monetary metal bank essentially contains coins with a nominal value higher than the metal content value.  After the crash, however, the nominal value will be non-existent and the coin will be valued by its metal content.  Surely that value will far surpass physical cash.

Alarmingly, even physical cash is better than digital currency.  At least we can wipe our noses, wipe our asses, or even make paper-darts from the pieces of paper.  Digital doesn’t even exist – it’s simply a computer game and one day we’ll all see a statement saying ‘game over, no more credits’.

In the UK just store 20p, 50p, £1, and £2 coins in your paradigm shift bank.  They’re all made of cupro-nickel and could prove to be useful in both this paradigm and the next unlike BofE toilet paper.


Even if you are relatively poor, you can start to collect monetary metal for the next paradigm.  Be brave, be strong, be resourceful, and prepare yourselves to the best of your ability.


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