Here is another link worth considering.
http://www.standupontario.org/

You're right Mr. Momo. Likely illegal and definitely immoral. But, from a prepping point of view is it good or bad? The advice the experts always give, is to have gold or silver assets. If it comes to feeding your family, a couple hundred thousand in gold or silver might come in handy. So good prepping or bad, it's all in your point of view.
On a side note, I have a couple of tips about buying gold or silver.
#1 - Never buy gold or silver certificates, always buy the actual metal.
#2 - Don't buy gold or silver bullion, buy minted money, ie. silver dollars or gold $20.00 pieces. You pay GST for bullion but for legally minted gold or silver money you don't. There is no GST for a currency exchange.
Finally, you've given me food for thought about emptying the line of credit just prior to a collapse.

Maples are legal tender.

http://www.bordergold.com/gold-maple_leaf.php

http://www.scotiamocatta.com/products/coins_canada.htm
Coins
Canada: Maple Leaf

Gold and Silver Maple Leaf coins are internationally liquid and are easily bought and sold anywhere in the world where gold is traded. Gold and silver bullion coins are subject to sales tax in some provinces. Bullion and Maple Leaf coins sold by Scotiabank are GST exempt.

When buying online you'll pay up to $1 per coin shipping insurance. Try to find a local supplier and pick it up. And you will pay a premium for coins as opposed to larger bars but they're easy to sell later as they're immediately recognizable for what they are.
The Canadian Mint sells them to dealers in 500 coin "monster boxes", you'll get a small discount if you buy like that. They're heavy, a box is 35 lbs or so.
Kitco is another good supplier online.
I would hang back on buying silver right now though. I think it will drop below $25 oz

Awhile back tazweiss asked:

"Just a couple of questions.
#1 - How many of you are doing your best to get out of debt in case of national, North American or global economic collapse?
#2 - Why?"

I am not doing my best to get out of debt so much in case of a global economic collapse, but more in case of my own personal economic collapse. I have been divorced and single for over a decade and as the head of my family (daughter, son, cat) I shoulder the burden of maintaining house and home (such as it is) myself. Not everyone would agree with how I raised my kids, I didn't ask much out of them other than to get along and be pleasant while we were all crammed into a one bedroom condo. I have spoiled them to a small degree, but I never went into debt for pleasures. My debts are: a mortgage and student loan (for a legal secretary course that didn't do a damn bit of good in this employment blackhole called Victoria, but I digress.) My Visa is about $50 to $100 at any given time, I often think of getting rid of it, but I might want to rent a truck and you need a credit card for that. It came in handy a few years back at the height of the real estate frenzy when I thought I could sell and upgrade to two bathrooms and possibly ensuite laundry. I had Bathfitters in to fix up the tub/shower area, bought a new fridge and stove, updated the light fixtures, etc., etc. I paid off each project before proceeding. But as it turned out even if I'd sold my place and made a one hundred thousand dollar profit for a downpayment, I still wasn't eligible for a mortgage (from my credit union) for the difference, because prices had gone up so much. My real estate lady said she could hook me up with a broker that would get me that mortgage, but I am very timid with big money, I figured if my own credit union didn't think I should be taking on a hundred and fifty thousand dollar mortgage then maybe I better think longer about what I was doing. It was just as well as the financial collapse of 2008 began. I hung onto a job I hated for two years, but finally quit. Was feeling optimistic, thought I could get a job like that (fingers snapping)! Fool. Took two and a half months, went through my vacation pay and some savings. But I am feeling my age these last few years so no more getting pissy and job hopping for me. I had been making extra payments on my mortgage for a few years but when I quit my job and soon realized that getting another one could take awhile so I stopped the extra payments. I will resume them later, but until then I've been saving for my daughter's wedding and enjoying the freedom to spoil myself (yeah, flashlights, batteries, s/w radio, canned goods, 20lbs of flour!) lol

Actually I am looking forward to fixing up my dad's old rv, a '78 class c, Ford/Okanagan, 23 ft. 460cc "pos" 😆 this spring. It's been sitting in his yard for a couple years since his brother gave it to him. My dad was thinking of fixing it up, but he already has three other vehicles and a house to take care of. But I thought it might come in handy if it were road worthy and the inside made homey, you never know when you might need a guest house. 😉 The most expensive things it needs are at least 4 new tires and a brake job. My dad is mechanically inclined and says it is in good shape otherwise. The rv part needs a bit of work, there is a soft spot in the floor, good thing the carpet is coming up (tomorrow if the weather is good) and, of course, one of the roof vents is leaking. He replaced the water pump under the sink already, and says the propane fridge, stove and furnace work.

Doesn't sound like I'm really addressing your question I suppose, but it all boils down to our own personal lives and how we choose to live it. One eye on the horizon and the other watching the kettle.

What?! Submit it or junk it, submit or junk it...
Too late, the phantom hand submitted it.

I agree, the best reason for getting out of debt is to free up funds for ourselves. If you're trying to get out of debt so that you won't owe money to the banks if the global economy collapses, wrong. When the bank shuts it's doors and you can't get your money out are you really going to care about the mortgage or loan you have with that bank?
There are those who say that during the great depression the banks were still foreclosing on loans. They were. But the country had a way out of the depression. There were still corporations that bought up the small banks and came after those who owed them money. In a global collapse there won't be anyone to buy up those debts or anyone to come collect on them.
The only debt I have is three payments on my truck. I've been paying it off quickly just to free up the $500.00 a month that I can use for myself. I do not pay off debt for the bank, I pay it for myself. If I take out a loan and the economy collapses I won't lose a seconds sleep over the poor bank.
I also don't keep anymore than $1000.00 in the bank. If the time comes that the banks close their doors, I'll still have access to my money (for what it'll be worth).
By now, you've figured out that I don't trust the banks. The more I learn about the global economy, the more I worry about the world my grandchildren will grow up in. If I start to have financial trouble, the bank still wants their money, if the bank gets in trouble, they can close their doors and keep my money. Despite what main stream media tells us, things are going to get worse. So, instead of trying to keep the bank happy, I put as much as I can afford (and as much as my wife will allow) into being ready. If the collapse happens I intend to help out those I can, the banks would only help those who can give them a profit.

Oh crap, I think I just went on another rant.

Update: banks just announced 10 year 4% mortgages. Tell you things aren't right. We are going to be monetizing our debts. High persistent inflation coupled with low returns on interest bearing instruments.

I don't trust banks either.

Update: banks just announced 10 year 4% mortgages. Tell you things aren't right. We are going to be monetizing our debts. High persistent inflation coupled with low returns on interest bearing instruments.
I don't trust banks either.

wow, I agree with you on this, nice.

... There is some optimism amongst the banks as companies in the US have been buying back some of their stocks- usually a sign (- if momentary) that there is some stability.

... There is some optimism amongst the banks as companies in the US have been buying back some of their stocks- usually a sign (- if momentary) that there is some stability.

Back in the late '90s I saw a news story about a technology company that had come up with something that would revolutionize fiber optics. The company had started buying up their own stocks to greater maximize their profits when their new tech was introduced. I bought shares at $4.25 apiece. 14 months later I sold my shares at .75 cents each. It turned out that the company was in trouble and they needed money to stay afloat. They were buying their own shares to boost consumer confidence and it worked. They still went under but I learned a painful lesson.
The banks are in trouble and they'll do whatever they can get away with to get people to give them money. I DO NOT trust banks.
But, then again, you've probably figured that out by now.

Buying precious metals somehow doesnt make any sense to me.
Id rather have shelter, food , water and fire power.
Gold and or silver may give you leverage somewhere with someone but a can of beans will always be a can of beans.

I'm not so much into the precious metals as the semi-precious ones. Lead (especially copper jacketed) and brass. Those are the ones that will feed and protect my family.

Don't forget the silver for the Werewolves, just kidding!
I do agree, in a true shft, you can melt down brass as well. Taz you might want to get some mercury temp gauges for the modifications for the peskier critters 😉

I don't have the gear for doing that particular mod, but I'd love to try it at least once.

Semi precious...haha good one taz.