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Report: Farmers Hoarding Food To Protect Against Currency Collapse
Posted By admin On April 30, 2013 @ 5:09 am In Money Watch | Comments Disabled
SHTF Plan 
April 30, 2013
Which asset is more secure than money in the bank?
The answer is simple.
It’s the asset that will still have value when the money or the bank collapse.
All over the world, when people have been faced with the prospect of having their savings wiped out or confiscated they have turned to hard assets – physical goods they could hold in their possession and trade if necessary – as protection.
Argentina, a country that is no stranger to economic hard times and hyperinflation, gives us a prime example of what becomes money when the system collapses .
At an inflation rate of 25%, while their currency loses significant purchasing power, Argentines have made  a mad rush into gold, silver, and other tangible goods that retain their barterable value.
Like many Greeks, who have headed to the countryside  to grow their own food in the midst of complete economic destruction, farmers in Argentina are hoarding the one tangible investment  they know will not lose value, no matter what their currency does.
With world food demand on the rise, growers in the Pampas grain belt are filling their silos with soy rather than converting their crops into pesos, a currency that hit a new all-time low in informal trade this week.
Considering Argentina’s high inflation, clocked at about 25 percent by private economists, “money in the bank” is not as secure as storing soybeans next to their fields, many say.
“We are going to hang onto our soy. One can see higher prices ahead,” said Jose Plazibat, a partner with the firm of Bandurria and Plazibat Brothers, which farms more than 3,000 hectares near the town of Chacabuco in Buenos Aires province.
With their currency in meltdown and food demand around the world rising, these farmers understand where real value comes from.
Hoarding commodities – not the paper receipts that represent your ownership, but the actual physical good – is a powerful diversification strategy, and one that is a natural response to times of uncertainty and government run amok:
Argentina is going through the classic stages of economic collapse.
The government seized all pensions. They are destroying everything that gives the people incentive to be a society that emerges from the cooperation of everyone.
When government turns against its own people, even as the USA is currently doing, you end up with deflation insofar as the economy collapses and wages are not available, while hoarding emerges as does barter.
source: Martin Armstrong 
This strategy of buying commodities at lower prices today to consume at higher prices tomorrow  can be implemented on a micro-economic personal scale in your own home. Doing so, especially with health and nutrition considerations , will not only provide you with long-term cost savings as global currencies continue to lose purchasing power, but insulate you against the possibility of a rush for food in the event of an emergency or widespread economic instability.
Whether you choose to stock your long-term food pantry  by going to a grocery store, grow your own food in your traditional or aquaponics garden , learn to preserve it yourself, or prefer to do your own food storage packing, the key is to develop a plan and implement  it now.
The US dollar isn’t getting any stronger over the next 10 years.
But the rice, beans, wheat, and pasta you stockpile will still have the same exact intrinsic value a decade from now as they do today.
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URL to article: http://www.prisonplanet.com/report-farmers-hoarding-food-to-protect-against-currency-collapse.html
URLs in this post:
 SHTF Plan: http://www.shtfplan.com/headline-news/report-farmers-hoarding-food-to-protect-against-currency-collapse_04292013
 money when the system collapses: http://www.shtfplan.com/emergency-preparedness/what-is-money-when-the-system-collapses_12292009
 have made: http://www.zerohedge.com/news/2013-03-20/argentina-turns-gold-inflation-tops-26
 headed to the countryside: http://www.shtfplan.com/headline-news/green-acres-is-the-place-to-be-city-dwellers-increasingly-turn-to-farming-to-survive-economic-crisis_07062012
 hoarding the one tangible investment: http://www.buenosairesherald.com/article/129740/farmers-hoard-soy-as-protection-against-falling-peso-currency
 Martin Armstrong: http://armstrongeconomics.com/2013/04/28/hoarding-alternative-money-reforming-banks/
 consume at higher prices tomorrow: http://www.shtfplan.com/commodities/buy-commodities-at-todays-lower-prices-consumer-at-tomorrows-higher-prices_01162010
 health and nutrition considerations: http://www.amazon.com/gp/product/1612431291/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1612431291&linkCode=as2&tag=123feebet-20
 long-term food pantry: http://readynutrition.com/resources/25-must-have-survival-foods-put-them-in-your-pantry-now_03042013/
 aquaponics garden: https://secure.avangate.com/affiliate.php?ACCOUNT=BRENTSID&AFFILIATE=42895&PATH=http%3A%2F%2Fbackyardliberty.com%2Fav%2Findex_f_n2.php&AFFSRC=sptxt
 learn to preserve it: http://www.theorganicprepper.ca/category/preserving
 plan and implement: http://readynutrition.com/resources/52-weeks-to-preparedness-an-introduction_19072011/
 South Carolina Mulls New Currency To Protect Against Fed Collapse: http://www.prisonplanet.com/south-carolina-mulls-new-currency-to-protect-against-fed-collapse.html
 Argentina’s regime leader freezes food prices, pushes country toward food shortages and riots: http://www.prisonplanet.com/argentinas-regime-leader-kirchner-freezes-food-prices-pushes-country-toward-food-shortages-and-riots.html
 Shocking New IMF Report: The U.S. Dollar Needs To Be Replaced As The World Reserve Currency And SDRs “Could Constitute An Embryo Of Global Currency”: http://www.prisonplanet.com/shocking-new-imf-report-the-u-s-dollar-needs-to-be-replaced-as-the-world-reserve-currency-and-sdrs-could-constitute-an-embryo-of-global-currency.html
 They Will Seize Your Food and Resources: “Hoarding of Just About Anything Can Be Banned”: http://www.prisonplanet.com/they-will-seize-your-food-and-resources-hoarding-of-just-about-anything-can-be-banned.html
 Federal government hoarding meat stocks in response to drought – Food shortages for the rest of us?: http://www.prisonplanet.com/federal-government-hoarding-meat-stocks-in-response-to-drought-food-shortages-for-the-rest-of-us-2.html
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