(The Economic Collapse Blog)—Are you convinced that we are headed for societal collapse? If so, you are definitely not alone. Survey after survey has shown that faith in all of our major institutions is dropping, and there is a growing consensus that very challenging times are ahead of us.
Here in 2024, we will be facing the most chaotic election season in our entire history, multiple wars are erupting all over the planet, economic problems are rapidly growing, destructive natural disasters are becoming more frequent, global authorities are warning us to brace ourselves for the next pandemic, and our cities are being absolutely overwhelmed by endless waves of new migrants.
The stage is set for a societal implosion of epic proportions, and many Americans are feverishly preparing for a coming collapse that they believe is inevitable.
For a long time, many people had faith that the government would be able to keep society stable, but now that has changed. In fact, one recent survey discovered that a whopping 71.2 percent of all Americans “have no faith in the U.S. government to save them or prevent a doomsday event”…
According to a survey of 6,200 Americans conducted by BonusFinder.com, 71.2 percent of Americans say they have no faith in the U.S. government to save them or prevent a doomsday event. Even more unnerving, many respondents believe Doomsday could come within the next year.
If you actually believe that the government will be there to rescue you when things really start hitting the fan, you are just being delusional.
If it was equally divided up among the entire population, the emergency supplies that the government has on hand would last less than a day.
Many Americans are realizing that they will be forced to rely on themselves as society collapses, and so an increasing percentage of the population is spending significant money on emergency preparedness…
Last April, the financial-services firm Finder found that the number of Americans who said they’d recently spent money on emergency preparedness jumped from 20% in 2020 to 29% in 2023. They spent an average of $150 on items such as nonperishable food, medical supplies, and cases of water. Today you can’t turn on a streaming platform without catching recommendations for popular survivalist reality shows such as “Alone” or “Naked and Afraid,” and on social media, homesteading and disaster-prepping influencers have amassed millions of followers across various platforms.
Disaster preparedness is on the rise, in large part, because disasters are as well: from the supply-chain shortages caused by COVID-19 lockdowns to the climate crisis, from wars in Ukraine and Gaza to tech-driven loneliness, from runaway disinformation to intractable political polarization. More people are asking: Am I better off being hyperdependent on the global industrial economy? Would it be safer to grow my own food, store my own water, and not depend on complex systems I don’t understand?
I am glad that more people are waking up and getting prepared. But spending a couple hundred dollars on some emergency preparedness items simply is not going to be enough to survive what is eventually coming.
In Missouri, one woman named Rowan MacKenzie has literally spent $90,000 to prepare her family for what she believes is ahead of us…
A woman who has built a doomsday bunker says the door will remain closed to anyone outside her home, including family.
Rowan MacKenzie, from Missouri, who became a social media phenomenon after revealing she’s been prepping her home for 12 years, believes it’s necessary to prepare for the end of the world.
She previously hit the headlines after revealing she spent over $90,000 on her hidden bunker stockpile.
The 38-year-old began stocking up her cupboards 13 years ago and initially, bought lifelong essentials, such as beans and rice, which she taught herself to preserve through trial and error.
Do you agree with her approach?
When things get really bad, will you shut your door to those that are requesting help?
Of course there are many that will just try to take whatever they need. Crime rates are already spiking all over the nation, and violent predators are seemingly everywhere. Earlier this week, Zero Hedge posted an excellent article about the vast hordes of psychopaths that are coming out of the woodwork these days…
Discussions on collapse often turn to signs and signals – The economy, politics and social tensions have become increasingly unstable for many years now, and much like adding more and more weight to a man standing on a frozen lake, eventually the ice is going to break. The question is, how do we know when that moment will be?
As cultural systems begins to dissolve due to political clashes and economic decline the real evil tends to slither out of the woodwork. It happens slowly at first, then all at once. A sure sign of accelerating collapse is the growing prevalence of psychopaths and psychopathic behavior in the open.
The US appears to have entered the middle stages of such a collapse with many sociopaths and psychopaths beginning to feel that they might be able to act out their worst impulses without consequences. They are beginning to test the waters to see what they can get away with.
Those paragraphs really resonated with me, because they are so true.
I am sure that you have noticed the same thing. Evil is literally growing all around us, and the inmates are taking over the asylum.
And I am entirely convinced that 2024 is going to be a historic turning point. Are you ready for the tremendous chaos that is coming?
If you have not figured out where you want to be located during the chaotic years that are ahead, that is the first thing that you need to do.
Once you have settled on a location, then you need to store up enough food and supplies for yourself and for everyone that will be depending upon you for as long as you plan to stay alive.
Of course you will also need to determine how you will protect all of your food and supplies as well.
This is not a game.
The collapse of society really is coming, and most of the population will find themselves completely and utterly unprepared when it finally happens.
Sound off about this article on our Late Prepper Substack.
Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.