Monetary disaster investors believe the Federal Reserve system is fundamentally flawed. Newsletters suggest hard assets of gold and silver bullion, coins, and other precious-metal-oriented investments such as mining shares. Survivalists prepare for paper money to become worthless through hyperinflation. As of late 2009 this is a popular scenario. Many will stockpile bullion in preparation for a market crash that would destroy the value of global currencies.
Firearms instructor and survivalist Colonel Jeff Cooper wrote on hardening retreats against small arms fire. In an article titled "Notes on Tactical Residential Architecture" in Issue #30 of P.S. Letter (April 1982), Cooper suggested using the "Vauban Principle", whereby projecting bastion corners would prevent miscreants from being able to approach a retreat's exterior walls in any blind spots. Corners with this simplified implementation of a Vauban Star are now called "Cooper Corners" by James Wesley Rawles, in honor of Jeff Cooper. Depending on the size of the group needing shelter, design elements of traditional European castle architecture, as well as Chinese Fujian Tulou and Mexican walled courtyard houses, have been suggested for survival retreats.
Every year in the US about 150 people die while out and about in national parks, more than 1,000 die in hunting-related incidents and thousands of backcountry enthusiasts get in deep trouble and require a Search and Rescue team to save them; with dozens of those folks dying while awaiting rescue. Most fatalities are the result of poor preparation. Bad weather descends and people get lost. They wander without water or shelter, often injuring themselves in the process. If they survive they often suffer frostbite, hypothermia, dehydration, trench foot or some combination of them all.
Survivalists maintain their group identity by using specialized terminology not generally understood outside their circles. They often use military acronyms such as OPSEC and SOP, as well as terminology common among adherents to gun culture or the peak oil scenario. They also use terms that are unique to their own survivalist groups; common acronyms include:
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Mainstream economist and financial adviser Barton Biggs is a proponent of preparedness. In his 2008 book Wealth, War and Wisdom, Biggs has a gloomy outlook for the economic future, and suggests that investors take survivalist measures. In the book, Biggs recommends that his readers should "assume the possibility of a breakdown of the civilized infrastructure." He goes so far as to recommend setting up survival retreats: "Your safe haven must be self-sufficient and capable of growing some kind of food," Mr. Biggs writes. "It should be well-stocked with seed, fertilizer, canned food, medicine, clothes, etc. Think Swiss Family Robinson. Even in America and Europe, there could be moments of riot and rebellion when law and order temporarily completely breaks down."
Earthquakes, tornadoes, and hurricanes can cause you to leave your home or even be trapped there. Roads could be blocked due to fallen trees, power lines, or even damaged earth from the natural disaster. Rescue crews can not be in all places at once. You may have to wait it out for quite a while before its over. You won't be able to go to the store or to the corner market.