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175

Gold? Work trucks? Ammo? WHAT???

--Sitting on cash is dumb. Buying stuff that will only go up in price makes more sense, if that stuff doesn't degrade/rust/oxidize/spoil etc.

Gold? Work trucks? Ammo? WHAT??? --Sitting on cash is dumb. Buying stuff that will only go up in price makes more sense, if that stuff doesn't degrade/rust/oxidize/spoil etc.

(post is archived)

[–] [deleted] • 6 pts

Silver coins.

[–] • 1 pt

'junk silver' is on my shopping list. will be handier for smaller trades than breaking up the 100oz bars. even with the recent price increase, silver is still a great value.

[–] • 1 pt

I pay my plow guy in silver he loves it

[–] • 0 pt

I bought a dog one time, paid with silver and 308 ammo.

[–] • 0 pt

Never go above 10 oz bars or when you cash out you"ll be handed an IRS form in the future

[–] • 4 pts

Heirloom seeds, precious metals, ammunition and land

[–] • 3 pts

"The Almanac of the 21st Century"

that would require you to get a time machine today tho...

[–] • 1 pt

You made me chuckle uncontrollably

[–] • 3 pts

i think a good variety of things is good. sliver, ammo, crypto, hand tools, rope (lots of rope), guns, home improvements like buried water tanks, etc.

One thing i think is pretty clear is inflation, so you want something that isn't depending on the economy not crashing, while also being inflationproof.

[–] • 2 pts

I wish I had bought Bitcoin this morning cause apparently it went up a shitload by 9 o clock

[–] • 0 pt

10% Sounds great, but bitcoin is down 40% over the last 3 months.

[–] • 0 pt

If you want to think like that go all the way back 10 years. 10% up or down is meaningless over a long enough time frame. Start buying now and as it dumps buy more. Spend the next year buying every time it dumps and watch what happens.

[–] • 0 pt

I was watching the bitcoin rainbow chart and it never went down enough.

Monero went from 220 to 140 though.

[–] • 2 pts

Carburator bearings, Muffler guages and blinker fluid.

[–] • 1 pt

Gonna need a lotta elbow grease too

[–] • 2 pts

Shitcoin.

Actually sitting on cash might be profitable if there's a big selloff of assets like in March 2020, raising demand for cash. For example gold fell below $1500 then.

[–] • 1 pt

That money wouldn't go from stock to cash. Since the Fed is actively debating the dollar, any cash holdings will be eaten away by inflation. I think you are more likely to see money rotate from stocks to PMs, and especially commodities. Just like in 2009.

[–] • -1 pt

Fractional reserve banking makes the idea of cash scarcity a joke.

[–] • 2 pts

Water heaters. The price of those fuckers has gone through the roof since the coof hit, some weeks the supply shop doesn’t even have them in stock

[–] • 1 pt

Try copper wire, bought a roll of 12-2 Romex for $160, next week it was at $190. If this shit keeps up people will be stacking copper bars next to the silver. I make customers go buy my wire now so they get the sticker shock instead of thinking I am shady.

[–] • 0 pt

Yep. I just bought #10/3 direct burial. The roll cost over $400 for only 250 feet. Yikes!

[–] • 0 pt

I have also been told 'washing machines', the simple type without a motherboard...but they take up space, and will rust sitting in a garage or barn..

[–] • 1 pt (edited )

Gold? Ammo?

gold is pointless in most scenarios, that's why they only bother marketing it to the paranoid and gullible. ammo is only useful when the purge comes, you've never heard of an ammo millionaire so what's the point? If you can find a truck that you can fix, that's maybe worth it, it doesn't have to be pretty, people don't have a choice when their work depends on it

For the US - home depot, amazon, alphabet, apple, ASML

Bitcoin before Ukraine kicks off

Anyone with a semiconductor plant based in the US is going to be priceless if Taiwan falls

Any form of rental property, pool your funds with a friend if you have to

Anything more than 10K then just use a real investment firm

[–] • 1 pt

A year ago: semiconductors..

Today: diesel and ammonium nitrate?

[–] • 1 pt

Old coins seem like a good investment. Ones that they are done printing. Even if they re-mint them, the value is largely attached to the year they were made. Many, not all have some intrinsic value as gold and silver. The cost is more than the intrinsic value, however so is the potential for increase. For a collectible, you can get a good price on resale, even at retail -- about the same margin you'd get on gold and silver. One problem with other collectibles is when you go to resell you may not be easily able to find a buyer at near value. Certain coins are pretty damn fungible. And obviously easy to store as precious metals.

Of course this is not SHTF type stuff. After the apocalypse no one will care what year your coins were struck. However, you do have that intrinsic value as sort of a backup.

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