22 LR and wire/line for snares is going to be best.
Do you stack Gold/Silver as part of your preps?
- Thread starter ChickenLittle
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gold and silver such as antibiotic are good for certain applications but they are an investment if you are storing them, imo for survival, its better to have the supplies you will actually use. if you think it will hold value more so than the dollar it makes sense to invest in that commodity, what weighs more 2000 dollars in bill form (20 100's) or an ounce of gold? none the less I would be reluctant to trade for gold unless I could test it because metals can be "counterfeited" and if you don't have a means to test them you are susceptible to be scammed during trade, this is why i think barter for items of use will be a much better investment.
IMO they are an investment if anything more than small quantities for medical purposes or electrical and mechanical operations, catalyst etc..
I think that commodities are just part of the investment portfolio people take to balance out their assets when they have that money - gold is funny though because it is just so damn high, I've seen silver inch up each year, when it was selling for about $10 5-10 years ago, it went up to $12 then $15 so its value has been going up. gold and platinum and other rare earth metals are just way too rich for my investments way too much to loose fast (bearing I was robbed of $15,000 in cash in January, you should serious bear in mind how you are protecting that money, and where you can store it if you do bug out.
However if you have the money, why not?
IMO they are an investment if anything more than small quantities for medical purposes or electrical and mechanical operations, catalyst etc..
I think that commodities are just part of the investment portfolio people take to balance out their assets when they have that money - gold is funny though because it is just so damn high, I've seen silver inch up each year, when it was selling for about $10 5-10 years ago, it went up to $12 then $15 so its value has been going up. gold and platinum and other rare earth metals are just way too rich for my investments way too much to loose fast (bearing I was robbed of $15,000 in cash in January, you should serious bear in mind how you are protecting that money, and where you can store it if you do bug out.
However if you have the money, why not?
just to comment there, if you think that Nato will go into Syria, and Iran, and that the world will stay together buy gold and oil futures. If you think that the us will attack china and the world economic system will stay together and the US will come out on top buy gold. If you think that none of the above scenarios are likely, you might want to buy materials you will actually use and are non perishable or you will use before they go bad.
Imo investments in things like food source (rabbits, layers, etc..) seeds that you will plant, solar and wind generation systems, a water purifiers, will be worth more than their weight in gold. It all depends what your situation is though.
trusting gold as a commodity for when the dollar collapses or things are endangered is age old as a fall back, but personally how I see it is, they will keep squeezing the system till it breaks, and when it breaks while there will be some that can use gold or hope to monopolize for when things resume order, it really is just a hunk of metal, and if you can't use that metal, it is dead weight. if choosing rations or gold when in a war zone, you better damn well hope people think the metal is worth something if you choose it over rations.
Personally currency is by agreement, during crisis I think barter is a much more secure economic system.
while some hunger for gold, it could lead to indigestion.
A little gold now and then is good for you though, you just want it good and small. So many people don't get gold in their diet, and that is unfortunate.
Imo investments in things like food source (rabbits, layers, etc..) seeds that you will plant, solar and wind generation systems, a water purifiers, will be worth more than their weight in gold. It all depends what your situation is though.
trusting gold as a commodity for when the dollar collapses or things are endangered is age old as a fall back, but personally how I see it is, they will keep squeezing the system till it breaks, and when it breaks while there will be some that can use gold or hope to monopolize for when things resume order, it really is just a hunk of metal, and if you can't use that metal, it is dead weight. if choosing rations or gold when in a war zone, you better damn well hope people think the metal is worth something if you choose it over rations.
Personally currency is by agreement, during crisis I think barter is a much more secure economic system.
while some hunger for gold, it could lead to indigestion.
A little gold now and then is good for you though, you just want it good and small. So many people don't get gold in their diet, and that is unfortunate.
Yeah I agree. If shtf id rather have food than gold. While it might be a
good investment, in small and/ or short term quantities, its just not
gonna be of any good if things get real bad. There is a video game called
Fall Out LasVegas. I believe its a post nuclear disaster, and in their
world they se bottle caps as currency.
good investment, in small and/ or short term quantities, its just not
gonna be of any good if things get real bad. There is a video game called
Fall Out LasVegas. I believe its a post nuclear disaster, and in their
world they se bottle caps as currency.
I feel that in any situation, it is good to have multiple possible currencies, i personally have over $150,000 in gold and silver, a large distillery, allot of seeds to grow plants to trade, 150lb coffee, ammo plant with 500,000 shells and bullets and 250lb of pure Tobacco. i know this is probably over kill, but if you have the money, use it now before it is worthless.
Not overkill, especially if you can afford it. Hard core maybe
but not overkill lol.
but not overkill lol.
Just for my Anorak
KNOCK KNOCK (candy gram)
KNOCK KNOCK (plumber)
http://videosift.com/video/Plumber-Maam
KNOCK KNOCK (candy gram)
KNOCK KNOCK (plumber)
http://videosift.com/video/Plumber-Maam
Oh ya I don't store gold or silver. I figure there will be plenty of it laying around in the end..
HAHA That's funny
If planning to need to trade, stock up on tools and extra food, even combustible materials for warmth, heck the other week Aldis (Discount supermarket from Europe) had a sale on sleeping bags $19.95 for a -3c sleeping bag, for 90% of Australia that's a good bag 90% of the time, and that's a very cheap price in Australia.
Now if I was buying anything to stock away and later trade, I would have bough five of those bags, maybe even a couple of tents or swags, some army surplus wool blankets too, People will find water and food in 99% of cases if the climate allows for it, but if it's too damn cold they will simply die.
However, by all means it is best to have a small stockpile of wealth for a recovery period so you can start again easier, I wouldn't put all my eggs in that basket though, when the SHTF it may be a very long time before we recovery enough to establish an economy based on currency, in fact it's possible such a world may never return, just depends on the type of fan slushing defecation that occurs.
Now if I was buying anything to stock away and later trade, I would have bough five of those bags, maybe even a couple of tents or swags, some army surplus wool blankets too, People will find water and food in 99% of cases if the climate allows for it, but if it's too damn cold they will simply die.
However, by all means it is best to have a small stockpile of wealth for a recovery period so you can start again easier, I wouldn't put all my eggs in that basket though, when the SHTF it may be a very long time before we recovery enough to establish an economy based on currency, in fact it's possible such a world may never return, just depends on the type of fan slushing defecation that occurs.
What if terrible inflation hits but it does not get so bad as to cause people to have to start hunting bugs in the back yard for dinner? Gold and Silver could make you a rich man. Everyone here seems to have a scorched earth vision. It's important to prepare for that, but are you prepared for that NOT to happen as well??
I've been putting away tobaco also mostly cheep cigaretts. How do you store all that tobaco for the long term with out it going bad?
one thing i've been thinking of doing,is buying some coffee and tobacco plants so i can grow my own and stock up on both that way.i already have a snamall coffee grinder,which means i already have a way to grind up the beans.pluse i can save money on tobacco and coffee that way seeing how i love my morning coffee and i be a smoker.another thing i been thinking about,but will have to lear a great about before starting that.and that is setting up my own still and stocking up on whisky..
I think after everyone kills each other, bartering will become important, however
I just don't see any safe way of doing right away until the only people that are
left are preppers. For me, im gonna focus on things that will keep me and the
kids alive for long term.
I just don't see any safe way of doing right away until the only people that are
left are preppers. For me, im gonna focus on things that will keep me and the
kids alive for long term.
good point harry..i get emails from diffrent sites.one gives me updates on what our so called government is doing..and because of one email i recived this morning.it looks like we could end up with a nation wide if not a world wide economic collapse before obama is out of office.and im sure u.s.a as well as other countries will be at the bottom of the totum pole if that does happen.
I haven't read what others have posted but I personally have never seen much personal value in gold or silver. I know it has certain properties that are important as far as metals go but it would be heavy to carry around and would not feed my family. Besides the values are determined by the people. 1 coin could be worth 1 cup of rice or 1 cow, it's tough to tell in a SHTF situation. I'd rather just learn useful skills or gather life sustaining trade items.
yeah i figure the value of gold silver dimonds and valued gems will drop through the floor.but maybe not right away.but after that.better be prepared much as possible..one sorce of value when it comes to gold is,it's good for electric current.so if a person could convert it into wireing.,then they have some thing there..
Small quantities would be best I would think if your on the move. Or you could have stores of gold and silver that you don't have to lug around. People currently recognize it as a valuable resource so I could see it possible that they could be valuable once again. But in a total shtf situation goods are going to be valuable and bonds with trustworthy skilled people.
I agree that having gold/silver has many benefits, but if you are on foot how much of that can you carry?
With Gold at almost $1500 an ounce? You could carry a LOT of wealth with you.
Here are the biggest reasons to stack metals for after SHTF:
1 – Your Mortgage. If the economy ever collapses and you lose your job then you are in danger of being kicked out of your home. The mortgage company will certainly not accept a case of toilet paper or a box of ammunition as a mortgage payment. But odds are they will accept gold/silver. You can stay in your home, where all your preps are, while everyone else is being kicked out of their homes.
2 – Property Taxes. Failure to pay Property Taxes is another sure way to lose your home. Again, the Tax Office will not accept barter items as payment for your taxes but they will accept gold/silver.
3 – Items of High Value. In an economic collapse no one will have everything. You might have lots of food and water but then you find out you could really use a motorcycle or a ham radio or some vital medication. The guy who has what you need might not need any more vodka or batteries but he could sure use some nice shiny gold so he can stay in his own house.
4 – Bribery. There’s an old saying: “Always have enough gold to bribe the border guards.” Or checkpoint soldiers. Or police guarding the food/medicine warehouse. In case of martial law it’s certain that the universal language of ‘bribery’ will be spoken. Soldiers are no different than anyone else.
The point is, don’t overlook this vital resource just because someone once said “you can’t eat gold or silver”. There will be plenty of uses for these eternal forms of exchange.
1 – Your Mortgage. If the economy ever collapses and you lose your job then you are in danger of being kicked out of your home. The mortgage company will certainly not accept a case of toilet paper or a box of ammunition as a mortgage payment. But odds are they will accept gold/silver. You can stay in your home, where all your preps are, while everyone else is being kicked out of their homes.
2 – Property Taxes. Failure to pay Property Taxes is another sure way to lose your home. Again, the Tax Office will not accept barter items as payment for your taxes but they will accept gold/silver.
3 – Items of High Value. In an economic collapse no one will have everything. You might have lots of food and water but then you find out you could really use a motorcycle or a ham radio or some vital medication. The guy who has what you need might not need any more vodka or batteries but he could sure use some nice shiny gold so he can stay in his own house.
4 – Bribery. There’s an old saying: “Always have enough gold to bribe the border guards.” Or checkpoint soldiers. Or police guarding the food/medicine warehouse. In case of martial law it’s certain that the universal language of ‘bribery’ will be spoken. Soldiers are no different than anyone else.
The point is, don’t overlook this vital resource just because someone once said “you can’t eat gold or silver”. There will be plenty of uses for these eternal forms of exchange.
Wow. This is one ancient thread that got revived. But, it's still as relevant now as it was 11 years ago.
A good prepper preps in many ways, not just one way. Having a store of wealth (and please, for the love of God, don't measure wealth in dollars or any other fiat currency) is extremely smart, IMO. So is having a stash of fishing lures, fishing line, tampons, condoms and booze - all barter items.
A good prepper preps in many ways, not just one way. Having a store of wealth (and please, for the love of God, don't measure wealth in dollars or any other fiat currency) is extremely smart, IMO. So is having a stash of fishing lures, fishing line, tampons, condoms and booze - all barter items.
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There is at least one seller on Gunbroker that accepts gold and silver for payment.
The will be NO currency after the dollar.
It will be digitaal 100%.
Precious metals are fine if one can place a value on them.
It will be digitaal 100%.
Precious metals are fine if one can place a value on them.
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A few old silver coins or 1 oz ingots, mostly I collect lead and brass.
Once bitten, twice shy. I invested in gold a long time ago. I lost both big & fast. Sooooo having said that I wasn't planning to buy either gold or silver ever again. Then.......my wife told me one day that she thinks that we should buy silver. Three days later we bought silver. We will probably buy more in the next few days but it depends on our finances. This has been a month of buying extra's like a swamp cooler, a crystal bowl that we already have but it was a GREAT DEAL, & of course our new freezer. So we will be buying more silver in the future.
1+2 Your mortgage and taxes are ways to dump your folding dollars. Dollars are legal tender and it is the law that they must be accepted for all debts, public and private. You will have a small window to dump any cash that you store at home. You don’t have to accept dollars for the sale of any item but if you sell the item on credit you must accept dollars as payment of that debt.
3. The entire idea about currency and money is that it negates the need to find someone that has what you want and has what you need. For example, you are a mechanic. A lettuce farmer brings his tractor to you for repair. How much lettuce can you eat before it goes bad? Do you quit repairing vehicles to sell lettuce? Money, and later currency, were developed to ease commerce. A pocket full of gold or silver is practical for me to carry from Florida back to Alaska where a truck load of lettuce would be worth less than the fuel to drive it home.
“you can’t eat gold or silver”. You also can’t eat three week old lettuce. PM’s don’t rot, they are a relatively easy way to transport or transfer wealth. I know one businessman that has priced his products, including guns, in silver, for decades.
You don’t want to buy PM’ while you are in debt. In effect you will be paying interest on your PM’s. I have a friend who sold her house, bought gold, and then rented her house back from the purchaser. That is some expensive gold. She has been paying rent for years. Pay off your home and vehicle(s), stock up on food and supplies, then look into PM’s.
I have planned for that.
I stockpile digital credit.
I should get all of my CC's together and add up the spending limits on all of them.
... Just one of them I have, is $26,200.
Yeah, I know I will get bashed for that, but I can take it.
If you are responsible, you can never have too much.
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Right before TSHTF, max those suckers outI have planned for that.
I stockpile digital credit.
I should get all of my CC's together and add up the spending limits on all of them.
... Just one of them I have, is $26,200.
Yeah, I know I will get bashed for that, but I can take it.
If you are responsible, you can never have too much.
. I'll pay when the grid comes back up THEY wanted ebill and Epay.
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My recommendation is to diversify whatever you plan to barter with. Have a little stash of everything, many of which have been mentioned here.
My second recommendation is to consider where you are going to do the bartering/buying in post-SHTF. It's probably not going to be in your backyard. How close are your neighbors and how far away to they live? How close is the nearest city? How are you going to get your goods to the people that might want to trade with you? Chances are you're not going get your goods to market in a gasoline (or electric) powered vehicle.
My second recommendation is to consider where you are going to do the bartering/buying in post-SHTF. It's probably not going to be in your backyard. How close are your neighbors and how far away to they live? How close is the nearest city? How are you going to get your goods to the people that might want to trade with you? Chances are you're not going get your goods to market in a gasoline (or electric) powered vehicle.
