Precious Metal stacking

[SNAKE PLISSKEN]

So, anything more than you can carry is a waste? You're not going to barter very long.

Yeah, thats what I'm saying. If you fill up a money belt with gold you have enough to barter with for a very long time. Stack the small gold like 1 gram bars or 1/10th, 1/20th, or even 1/50th oz. coins or bars and carry them hidden in your money belt. You could easily carry $20,000 worth of gold In a money belt. That would buy a lot of beans and bullets on the go.

 

[tynyphil]

wow...gold is nearly $2200 per ounce. I remember not long ago that Platinum and palladium were both a lot more expensive than gold but now gold is twice their value. This steep rise in price is concerning

 

[swampratt]

wow...gold is nearly $2200 per ounce. I remember not long ago that Platinum and palladium were both a lot more expensive than gold but now gold is twice their value. This steep rise in price is concerning

Crap again.
I wanted to get some a few weeks ago at closer to 2,030.

 

[Big50]

Crap again.
I wanted to get some a few weeks ago at closer to 2,030.

I have a couple ounces if your looking?

 

[SNAKE PLISSKEN]

If anyone is looking to sell gold right now the dealers are turning it away. If they do buy it it will be no more than melt price and some are even offering 3 to 5 percent under spot for your gold. So just beware, don't expect to get the premium you paid back, unless you bought gold when it was a lot cheaper. In that case, I'll buy it lol

 

[Big50]

I bought a little gold when it was around $1200 and purchased several thousand American Eagles at the $16-17ish range. I think I will do okay.

 

[Bravo1413]

If I have all the food I need (and then some) in some crazy collapsed society event, chances are I will not be standing on my roof top shouting "I HAVE FOOD! DO YOU WANT TO BUY SOME?"

So the guy with no food and loads of precious metals will not know, they will starve and all the metals they stored will be left buried in the ground for someone else to find!

Also...... In such a event.......

How would a person who had more food than they needed trust a outsider to make a trade of some "gold" for grub?

How would they know if they was walking into a trap to robbed of their food? Killed for their stores!

How would the person with the extra food know whether your gold or silver is not fake? Or partially faked?
Gold bars from reputable mints have been split in half, hollowed out and filled in with lead and put back together, probably soldered with gold at the seam, reworked so no one could notice by eye

You can see my green beans are real.

Gold is a store of wealth. Some day trade for profit. The dollar is dying and inflation will continue. Gold is going up as we lose confidence in our government. Most countries as well as central banks are amasing gold against inflation and dollar dying. Soon we will have another currency which will probably in part be backed by gold. Gold and silver are the oldest form of money. In SHTF scenario you should already have stocked food,guns,ammo. Gold is purchased with excess funds as a hedge. If you go to store to purchase food and they don’t want your worthless dollars, they will take silver (dimes, quarters, halves) or 1 oz. Coins for purchase. If you have say 1/4 oz. Gold coin you may purchase food and receive silver in change. That is the purpose of having gold.

 

[golddigger14s]

Gold/silver is nice to have, but for a SHTF scenario if I can't eat/drink it, wear it, or do work with it, it is of no value.

 

[SNAKE PLISSKEN]

Gold/silver is nice to have, but for a SHTF scenario if I can't eat/drink it, wear it, or do work with it, it is of no value.

In a SHTF scenario, I will find you take all the precious metals you don't want.

 

[golddigger14s]

In a SHTF scenario, I will find you take all the precious metals you don't want.

I also stocked up on a bunch of brass and lead that I will be happy to share