What good will silver do us if we really enter the SHTF scenario nationally or even globally? I owned some silver, bought it about 7 years ago $21.00 bucks a round 500 ounces .........sold it at loss a few years back bought ammo which has a much better return if i were open to selling it today LOL. The key is what will we all want to trade for if things are really bad? I don’t think gold and silver are going to be the commodity everyone wants.If you haven't been watching precious metals lately, silver has taken a rather big jump in prices over the last month. Gold has been going up for a while, but silver has not followed the same trend.
I guess with all the money that is being printed and given to folks to stay home and not work, we are finally seeing inflation ramping up.
All this means to me is the value of the dollar is dropping. If you have some dollars in a savings account, like I do, we are loosing value, purchasing power, every day.
View attachment 168934
View attachment 168935
I sold some a while back and invested in collectible S&W’s. Thinking about it again.
What good will silver do us if we really enter the SHTF scenario nationally or even globally? I owned some silver, bought it about 7 years ago $21.00 bucks a round 500 ounces .........sold it at loss a few years back bought ammo which has a much better return if i were open to selling it today LOL. The key is what will we all want to trade for if things are really bad? I don’t think gold and silver are going to be the commodity everyone wants.
I think your right. If there was a complete social and economic crash, precious metals won’t have much real value during that period. But I doubt we will see this type of collapse, in my lifetime anyway, but who knows.
Ammo is traded and has a real inherent value. But Ammo can loose economic value too, however the inherent value to use it will always be there.
And primers...You know what had value before ammo? Gold and silver. Don't be shortsighted because you don't understand something. I've put away some physical gold and silver. I also put away ammo and firearms. There's also a box of hammers, saws and nails among other things that is in my barter stuff.
I don’t disagree that silver and gold are good things, but those are going to be used to buy the dominant fiat after the collapse has gone full circle. Maybe we should buy as much Yuan as we can since it would seem they are going to steamroll the rest of the world eventually.I think your right. If there was a complete social and economic crash, precious metals won’t have much real value during that period. But I doubt we will see this type of collapse, in my lifetime anyway, but who knows.
Ammo is traded and has a real inherent value. But Ammo can loose economic value too, however the inherent value to use it will always be there.
Enter your email address to join: