> People who try to time the market
If you have doubts about the long-term __existence__ of the market, then investing in the first place necessitates "timing the market" since you'll need to determine when to sell before the panic sell-off which inevitably comes before the global minimum is reached.
Mind you, I'm not talking about figuring out whether or not to "hodl" through local minima. I'm talking about rolling into a different store of value (e.g., cattle, crops, ammunition) before the whole thing goes up in smoke.
If it goes up in smoke, you personally can't ever buy enough ammunition to matter. Who's gonna man all those guns?
This depends heavily on geolocation. Experiencing economic collapse in the Montana wildnerness would be very different from experiencing it in Washington DC.
I wasn't thinking of fighting off hordes or anything like that.
Ammunition can be used for barter, hunting, and self-defense. It can also be used as a tool to break locks, start fires, and send signals.