Eh, I think the shows over to be honest.
Say you have your silver and the economy goes tits up. How are you going to ascertain your silver valuations in a barter economy? I can see a valuation restructuring when going to the next currency after the dollar, thereby using silver and PMs as a hedge.
So propose I'm completely full of shit and that my above statements are incorrect. The only way silver would work as a currency in a non fiat world is if it is possessed by many people. Why would I trade my food for your shiny metal if you are the only person offering such in trade? (fuck off with excess supply of food, almost no one will have that) I would trade some food for bullets though.
Anyhow, if the world gets that bad I'm raping and pillaging until I catch lead. Clownworld would return to suck the marrow from your children's bones anyway.
In the most desperate time, men will see no value in gold and PMs will be thrown in the streets -biblical prediction
Silver is for rebuilding. If you have $5500 in savings when SHTF banks legit don't allow withdraws above certain limits, all while money is being hyperinflated.
So I see it as one of many hedges on currency speculators. I have 1000x more dried food than silver. I got buckets of that shit. William Shakespeare made his wealth by hoarding WHEAT then selling it during famine.
Where do you get your dried food from? I want to stock up but there are lots of scammy companies out there now.
I like the silver thing. I have some old Morgan dollars and pre 64 silver coins and I'm thinking of getting some of those combibars just to have around. It's probably better than leaving the money in my savings account where it makes basically no interest and gets chiseled by inflation.
I am a cheap ass, so I mostly buy 5 gal buckets at the store and order 50lb bags of rice/beans/lentils and vacuum seal them with silica packs the buckets can be caulk sealed if your a freak. Shit will last just as long as any freeze dried food.
each bucket gets a large bag of salt, large bag of pepper and an assortment of other spices. Most buckets have vitamin's in them along with random packs of wax, lighters, ect.
way cheaper than fancy survival food and calories / sq foot is MUCH denser. plus it's custom fit for me.
also we keep 2-3 years of canning equipment on hand. Replacement everything
I agree. Sometimes I just get agitated at people who promote PMs as the end all be all of investments. Interesting info on Shakespeare by the way.
(post is archived)