To cap your teeth with
Anything that is in limited supply will always be valuable in an SHTF. Gold/silver are precious metals, they have use beyond just jewelry and coins. FYI, if you took all of the gold that has ever been mined and put it all together, it would only fill 3 Olympic swimming pools. In the grand scheme of things, that is not very much.
I believe water, food, clothing, electricity will be something you need......gold/silver will have little or no use, now people may Want it...but it has little use..
Not really a SHTF situation as much as an investment situation.
10 years ago gold was 600 then in 2011 or so it hit 1800 and now in the 1200 range.
If i would have traded my cash in back then for gold i would have doubled my money today.. but as it is i still just have cash.
Now if gold drops to 800 and i got it at 1200 I lost money.. not as much cash.. but the dollar is probably still going to buy the same thing.
I have 500+ lbs of lead. That is not counting the jacketed stuff.
Just thinking of investment,
Where do you think gold will be in 5 or 10 years from now?
10 years ago gold was 600 then in 2011 or so it hit 1800 and now in the 1200 range.
If i would have traded my cash in back then for gold i would have doubled my money today.. but as it is i still just have cash.
Now if gold drops to 800 and i got it at 1200 I lost money.. not as much cash.. but the dollar is probably still going to buy the same thing.
I have 500+ lbs of lead. That is not counting the jacketed stuff.
Just thinking of investment,
Where do you think gold will be in 5 or 10 years from now?
Sold all of mine in late 2011 early 2012 when it was 1750 spot. Haven't paid much attention to prices since.
(Tapatalk)- on the road.
(Tapatalk)- on the road.
I already got lead; seller used his fork lift to load it in my dually.
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