Buying Gold/Silver - Do you do it?

John6185

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Rustedbeef, Keep the money liquid. Gold and silver is not liquid.
What if the house of your dreams came up at a great price 2 months from now
and you had to sell your just purchased G & S ? You would take a bath and lose probably
twenty percent or more on a quick liquidation.
While a CD doesn't pay much, it is liquid.
What if...the economy tanks and the dollar is worth zilch-much like the German Mark during the depression where it would take a wheelbarrow of Deutch marks to buy a loaf of bread? Then what? If you have food socked way and some thug that is hungry finds out, you won't have it long.
 

CHenry

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What if...the economy tanks and the dollar is worth zilch-much like the German Mark during the depression where it would take a wheelbarrow of Deutch marks to buy a loaf of bread? Then what? If you have food socked way and some thug that is hungry finds out, you won't have it long.
Name one time that's ever happened here.
 

MCVetSteve

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Having never been through a SHTF scenario, I’m only speculating, but I imagine that skills will be more valuable than objects. Skills don’t weigh anything and no one can take them from you.

ETA: also you can use your skill to barter. Whether it’s making soap, or quality handloads in common calibers, or butchering animals in exchange for some of the meat. The point is that not everyone can be good at everything. The exchange of skilled labor is what led to civilization to begin with, and what will lead us back to it if it ever goes away.
 
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