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Even if we can't crash JP Morgan, we all should have some silver on hand anyway. There is no safer and tangible asset than precious metals, nor is there any better hedge against the dollar. This a win-win no matter what, so buy all you can.

Even if we can't crash JP Morgan, we all should have some silver on hand anyway. There is no safer and tangible asset than precious metals, nor is there any better hedge against the dollar. This a win-win no matter what, so buy all you can.

(post is archived)

[–] [deleted] 4 pts

You know what's really valuable?

Food.

Shelter.

Water.

Basic Chemicals/Medicine.

Guns and ammo.

That's exactly what everybody is going to want when the SHTF. Silver and gold are just stand ins for those things.

[–] 1 pt

Pretty much in that order too. People get really hung up on guns but food and water are more important.

A well known prepper from a Large board was in Katrina, he was the first to argue which calibers for what disaster all day long. When it went down, it left his home with a handgun only. Never needed it. What he did need and wished he had was a 4’ crowbar to free trapped people and open stores for emergency supplies.

Crowbar.

[–] 0 pt

Guns can get you food and water

[–] 0 pt

That’s what they thought too...

Do you understand what money is? It’s a means of exchange you dipshit.
Gold and silver are not stand ins. They are real money. No one is saying that all those things you mentioned aren’t valuable.

Even in SHTF silver will be one of the best means of exchange.

You don't understand the value of food, water and shelter over metal and I'm the dipshit? Jesus you're stupid.

You missed the point completely and obviously do not understand the basic function of money. I, not anyone else said metal is more important than having food shelter and safety.

The purpose of having silver is to have something to exchange goods with if you are missing or have excess of those things. Money is a means of exchange, and nothing on this planet does a better job than rare shiny metals.