As Doomsday Prepping Goes Mainstream, Preppers Push Beyond Bunkers, Bullets, and Bitcoin
Millions of Americans believe it’s not enough to be prepared for emergencies like storms, fires, earthquakes and power outages that have become commonplace in the age of climate change. Preparing for the end of the world has become a real investment area. Experts predict that the survivalist industry will grow at an average annual rate of more than 7% by 2030. About 20 million Americans are currently considered “doomsday preppers” – Approximately the size of an entire state such as New York.
as gold and Bitcoin Climbing the record books, gone are the days when doomsday preppers were just fringe survivalists hoarding gold bars and guns in underground bunkers. Today’s doomsday preppers are diversifying their portfolios with everything from farmland to specialized exchange-traded funds (ETFs), while major retailers like Costco Wholesale Corporation (cost) precious metals sold out within hours.
Main points
- Doomsday preppers tend to invest in commodities, precious metals and cryptocurrencies.
- While doomsday preparedness has become more mainstream, in a truly catastrophic scenario, traditional stores of value such as gold or cryptocurrencies will be far less useful than basic necessities.
- History shows that in crises, community resilience and physical preparedness matter more than financial assets.
Learn about doomsday preparation and investing
Doomsday preparedness is more than just preparing yourself and your family for a catastrophic event, such as typical emergency preparedness from government entities like the Federal Emergency Management Agency (better known as the Federal Emergency Management Agency) FEMA) suggestion.
True “doomsday preppers”, often driven by conspiracy theories and heavy advertising on the radio and online, prepare for destruction not just for days or weeks, but for years. Recent data from FEMA shows that this mentality is not a fringe phenomenon—nearly 20 million Americans now consider themselves doomsday preppers, and 57% of Americans have already taken three or more steps to prepare for a potential disaster.
In addition to stockpiling supplies, many doomsday preppers also take steps to protect their financial wealth during an apocalypse, choosing assets they believe will maintain or increase in value during a catastrophic disruption to the world order. Major retailers are taking note of the trend—Costco recently sold more than $100 million in gold bars in one quarter, then expanded into silver coins due to customer demand.
Unless you’re confident you’ll find people willing to trade gold bars or Bitcoin for bread in a crisis — why would they? — It’s best to remember that the medium of exchange is a social structure, not a natural one, and recent disasters have shown that community resilience and mutual aid are more valuable for current survival than any investment portfolio.
Popular investment options among doomsday preppers
Each doomsday prepper views potential disaster differently, which leads them to focus on different types of investments:
- precious metals: Gold and silver remain popular and have historically maintained their value during major upheavals.
- commodity: Physical commodities, especially those with survival value such as aluminum or oil, attract significant investments in preparedness.
- land: Rural properties that can be used for farming or raising animals are becoming increasingly popular. Some doomsday preppers have even joined survival communities—companies like Fortitude Ranch offer members fully equipped survival facilities for $2,000 to $20,000, plus an annual fee.
- cryptocurrency: A new addition to preppers’ portfolios, some believe its limited volume and decentralized nature could make it more valuable than government-backed currencies during a crisis.
- necessity: FEMA reports that the number of Americans assembling or updating emergency kits containing food, water and medical supplies increased by 15% year over year.
Doomsday ETF
The rise of preparedness investing has led some financial firms to create ETFs that specifically target catastrophic scenarios, sometimes called “black swan“Funds. For example, the Atlas America fund focuses on assets such as gold, inflation-protected securities, food commodities, etc. real estate investment trust. Its founder, Nouriel Roubini, is famous for predicting the 2008 financial crisis and advocating for preparedness for “multiple crises”—the confluence of economic, geopolitical and environmental risks—that he believes are Will perform well during periods of high inflation and market volatility.
While these funds offer a more mainstream way to adopt a “rainy day” investment strategy, they still face the same fundamental challenge: accurately predicting which assets will be important in a real crisis.
Risks of doomsday investing
The risk with doomsday investing is that it’s impossible to truly prepare for the worst-case scenarios, some of which will certainly render many investments worthless. Imagine a global nuclear war that destroyed most major governments. Will an investment in any stock or ETF have real value at that time? In this case, even the best preparation may not help.
bottom line
Doomsday preparation is a growing industry, a sign that more and more people are worried about what the future will bring. Instead of trying to perfectly position your portfolio for the end of the world, consider focusing on practical preparations: maintaining an emergency fund, developing useful skills, and building strong community connections. After all, history shows that when the worst comes to worst, it is often human resilience and cooperation that matters most, not financial assets.