Precious metals when the SHTF
I know the conventional wisdom is to amass precious metals, especially silver and gold, for when the SHTF. I do it along with most people. But One Second After brought up an important point: you can't eat silver and gold. The point may come when they have no value because no one will sell their last box of Froot Loops for even a pound of silver. What are your thoughts? What will become the new currency? I think as in OSA it may be bullets. I'll keep my silver against economic hard times but I won't count on it for physical emergencies.
Re: Precious metals when the SHTF
Water, food, ammo, liquor, hand tools, and TP.
Sent from my electronic ball and chain.
Precious metals when the SHTF
Quote:
Originally Posted by
Irving
Shooters of liquor. $5 worth at every liquor store visit starts to add up. They are in a tradeable quantity already. Only issue is that you can't order in bulk on-line.
I can help you with that if needed
Precious metals when the SHTF
Quote:
Originally Posted by
zzzippper
I know the conventional wisdom is to amass precious metals, especially silver and gold, for when the SHTF. I do it along with most people. But One Second After brought up an important point: you can't eat silver and gold. The point may come when they have no value because no one will sell their last box of Froot Loops for even a pound of silver. What are your thoughts? What will become the new currency? I think as in OSA it may be bullets. I'll keep my silver against economic hard times but I won't count on it for physical emergencies.
There are so many level of shtf. In the USA I use the Great Depression as my baseline. Anything below is chaos and no civil order... Anything above, economic depression, etc
In short you cannot have one answer to all shtf scenarios.