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The Water Cooler
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Gold and SILVER
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<blockquote data-quote="cjjtulsa" data-source="post: 1498514" data-attributes="member: 6146"><p>Actually it's very true. So if society collapses, what are YOU going to do with rounds or bars of silver? There are many industrial applications for silver - there's no arguing that - but what value would it have to a person in a situation where there is no electricity, no running water, no nothing? Silver and gold only hold real value when there is a use for it. You can't eat it, you can't use it for fuel, you can't drink it - it's worthless in any practical survival situation - and that's exactly what people may face for months or more if SHTF. </p><p></p><p>I'm well aware of it's industrial importance - and why I urged friends after Obama's election to buy it (and I was stupid and still didn't). I figured Barry was big on solar, and solar requires mirrors, and mirrors require silver.... But again, in a practical, personal setting, sivler is jewelry - and little more. Unless you're out of lead and cast bullets with it.</p></blockquote><p></p>
[QUOTE="cjjtulsa, post: 1498514, member: 6146"] Actually it's very true. So if society collapses, what are YOU going to do with rounds or bars of silver? There are many industrial applications for silver - there's no arguing that - but what value would it have to a person in a situation where there is no electricity, no running water, no nothing? Silver and gold only hold real value when there is a use for it. You can't eat it, you can't use it for fuel, you can't drink it - it's worthless in any practical survival situation - and that's exactly what people may face for months or more if SHTF. I'm well aware of it's industrial importance - and why I urged friends after Obama's election to buy it (and I was stupid and still didn't). I figured Barry was big on solar, and solar requires mirrors, and mirrors require silver.... But again, in a practical, personal setting, sivler is jewelry - and little more. Unless you're out of lead and cast bullets with it. [/QUOTE]
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