[Magus]

I'm keeping it short because I have only one bit of advice.

If you live in the United States and ANY coin in your collection says USA etc, get rid of it as it is technically United States government property and can be confiscated with legal impunity.buy Maple leafs from Canada and trade them your "Junk" silver. 999 is better than coin grade anyway and if OUR government thinks it can confiscate a damn thing from up there I can here the "F**k off eh?" from here. Besides, Canadians are nice people.

Keep the collection sane.anything over ten pounds is too much to carry or lose.

Did you know you can seal 1 oz coins in PVC pipe and sink them in the toilet tank and 9 times out of ten even cops will miss them? same goes for other stuff you might like hid...

 

[FatTire]

There's only one precious metal worth hoarding, and that's lead.

 

[Magus]

DINGDINGDINGDING!
And the survivor named after a quality beer wins the prize again!

I keep about 5 pounds of rounds around because I just know some fool thinks it'll be over in a week or two.
MUHUHUHUHAA!

 

[BillS]

The US is more likely to ban ownership of foreign gold and silver coins. US coins aren't technically the property of the US government. When you have old coins that are recognized as legal tender they're technically still money and not an investment like foreign gold and silver coins. If the government was going to confiscate your US silver coins they'd take your foreign coins too. The US government has outlawed gold in the past but they've never outlawed silver. Dimes don't take up a lot of space. One thousand silver dimes weighs around 4 and a half pounds. They fill up a small Priority Mail flat-rate box that's about 2"x6"x9" and are worth about $2200 right now.

For what it's worth, Pastor Lindsey Williams claims to know people who are part of the global elite. He claims that during the coming hyperinflation, old US silver coins will be recognized as money but foreign coins will not. I like junk silver dimes because they're good for small purchases and they're still worth 100 times more than a 1981 US penny.

The toilet tank is one of the first places the police check when they're looking for things.

Once you have all you need for preps it makes sense to have the rest of your money in precious metals. It doesn't make any sense to own 22,000 rounds of ammo.

 

[Magus]

DINGDINGDINGDING!
And the survivor named after a quality beer wins the prize again!

I keep about 5 pounds of rounds around because I just know some fool thinks it'll be over in a week or two.
MUHUHUHUHAA!

You sell old coins for a living don't you?

Let's see you eat a bullion sandwich.

 

[BillS]

(Prov 26:4 NIV) Do not answer a fool according to his folly, or you will be like him yourself.

 

[jungatheart]

The US is more likely to ban ownership of foreign gold and silver coins. US coins aren't technically the property of the US government. When you have old coins that are recognized as legal tender they're technically still money and not an investment like foreign gold and silver coins. If the government was going to confiscate your US silver coins they'd take your foreign coins too. The US government has outlawed gold in the past but they've never outlawed silver. Dimes don't take up a lot of space. One thousand silver dimes weighs around 4 and a half pounds. They fill up a small Priority Mail flat-rate box that's about 2"x6"x9" and are worth about $2200 right now.

For what it's worth, Pastor Lindsey Williams claims to know people who are part of the global elite. He claims that during the coming hyperinflation, old US silver coins will be recognized as money but foreign coins will not. I like junk silver dimes because they're good for small purchases and they're still worth 100 times more than a 1981 US penny.

The toilet tank is one of the first places the police check when they're looking for things.

Once you have all you need for preps it makes sense to have the rest of your money in precious metals. It doesn't make any sense to own 22,000 rounds of ammo.

Good advice here.

 

[Magus]

(Prov 26:4 NIV) Do not answer a fool according to his folly, or you will be like him yourself.

You calling me a fool?Maybe.but if you read on further it talks about tossing gold and silver in the streets because it is USELESS.

Here have you some Matthew 7:6 coin dealer:

"Do not give dogs what is sacred; do not throw your pearls to pigs. If you do, they may trample them under their feet, and then turn and tear you to pieces.

Oink for me grandpa.You're a greedy old man who'd rather sell some antique junk and watch these kids drop dead than actually help anyone survive.

 

[NaeKid]

Keep the religious-stuff out of this section

Thank you.

 

[JoKing]

There's only one precious metal worth hoarding, and that's lead.

Let's not forget brass...Usually you can get a lead/brass package deal lol.

 

[FatTire]

and dont forget to recycle your brass. thanks mr king

 

[mojo4]

Well gold and silver will always have an important place in any serious preppers kit. No matter how much you have put away you will always forget some item that you absolutely have to have. So then either you pay, trade or steal! I'm not much for stealing so I gotta pay or try to trade but the only things really worth trading would probly be guns and ammo and I won't part with my goodies!! A little gold and a lot of silver is always a great idea!

 

[FatTire]

Well gold and silver will always have an important place in any serious preppers kit. No matter how much you have put away you will always forget some item that you absolutely have to have. So then either you pay, trade or steal! I'm not much for stealing so I gotta pay or try to trade but the only things really worth trading would probly be guns and ammo and I won't part with my goodies!! A little gold and a lot of silver is always a great idea!

perhaps, however ive read several stories of real survival after shtf, and every one of them says that precious metals and jewels and the like are all worthless soon after shtf. the stuff that matters is always guns n ammo, food, and booze...

i would be hard pressed to trade guns or ammo, i just dont like the idea of trading something away that can then be used to kill me.

 

[Magus]

As usual F.T is saying what I'm thinking.coins are great for investing in or as a hobby but anyone who plays them as a MAJOR survival card will probably be found in a ditch.

Keep the religious-stuff out of this section

Thank you.

Fine by me boss.I doubt the other guy could make argument without it anyway.LOL

Know what was wanted around here in 93's blizzard? porn and booze.I can only wonder why...

 

[mojo4]

Or as my awesome uncle ben used to say...... A$$, cash or grass. Nobody rides for free!

 

[NaeKid]

Blizzard of '93 you say? I don't remember any blizzard in '93. I had to look it up and found something on Wikipedia: http://en.wikipedia.org/wiki/Blizzard_of_93

Is that the one that you are referin' to?

 

[Magus]

Yup.two weeks of no power and two feet of snow.I grew up in Tn. so Two feet's a joke. here it's the apocalypse!

I ran out of smokes the day the road opened. LOL
Had steaks and beer every night.I love my wood stove and deep freeze.

 

[Ration-AL]

every one of them says that precious metals and jewels and the like are all worthless soon after shtf. the stuff that matters is always guns n ammo, food, and booze...

^this, items that have a functional use will be far more valuable then gold/silver when things first start to go down hill, only when things are in the clear and there is light at the end of the tunnel and the rebuild begins to happen, will gold have a real value otherwise it's nothing, you can't eat it, you can't treat a wound with it, you can't drink it, you're only hope will be to try and trade gold to people who already have those things and they will be the ones setting the price, not the guy with a pocket full of metal hoping to get something to eat out of it....

imo, gold/silver's only value is in the event of a near shtf fan situation or in the rebuilding phase of a shtf situation, when it's down and dirty gold and the like will be pretty much useless as well......i know personally i'm not trading supplies for gold until i see some sort of break happening in the chaos and see that i'm not going to need the stuff for myself and mine....

 

[Magus]

Exactly.it's a great hobby but like I said, as a major survival card, its near suicide.

 

[Immolatus]

I totally respect what you guys are sayin about pm's being 'worthless' in a crash, but I assume you are only seeing it from your own perspective. If you can look at it that way, that is awesome. It shows you are more than fully prepared, and could prosper in a barter economy. I will also assume this says something about where you live. In a more rural setting, this may well be true, but again, to nail home the point is that you are saying you could live without money.
What it will come down to (for me at least, and most people that are near to civilization) is that pms will be the only form of money.