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I really respect everyone's opinion as well, but not hoarding silver and gold would be suicide. Even if the economy collapses, there will still be some form of commerce. Business will still be supplying goods, and food companies will still be making food. Now, If the dollar is worthless, how will you buy food, pay bills, and trade goods without a monetary backing? I understand booze, cigarettes, ammo, and beans for a barter system, but In urban areas I would consider silver coins as a means to keep the lights on.
We should all be looking to make ourselves self sufficient. We should be stocking water, water filtration systems, a means for self defense, seeds, food, and yes smokes and booze. But as for me...I'd rather have everything I just listed, combined with bags of silver and gold.
 

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Zo the real problem with your idea is the buying power. For 1 oz gold coin you pay around 1600 bucks. For 1600 bucks you can buy close to 2000 lbs of wheat. Or 2 AR rifles. Or a mountain of booze. After a collapse what will be worth more, a gold coin or a literal ton of wheat? After a collapse when you can no longer go down to a gun store and buy an AR and 2000 rounds of ammo how much will an AR be worth? 2 gould coins? Ten? Just like in any business, buy low and sell high. Gold is at an all time high but commodities are not. My best choice? What can you buy now that's available and cheap that after a collapse will be in demand and hard to find? IMHO its guns, ammo, booze and food. I sure would like a few bags of gold but I feel my money is better spent on supplies that will be scarce after a collapse.
 

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Mojo4...I understand your position. If you re-read my post, I said to stock up on food, arms, and water. I'm talking about a major destruction of the US dollar which will make the depression look tame. But what many fail to realize is that commerce will still be available. The world will not stop. Those that stock up on beans are in a great position, but while they are eating their beans(which i do have) i will be buying steaks. Let me ask you something....what do you plan to do with your ammo? Is it for you to protect yourself....or is it to go raid others stash? I believe that it is key to protect oneself and the food we have. I personally have arms and stock up on food but I know that the world will not stop. I also know that there will be a difference in the way people live in a collapse. If you talk about an ounce of gold, I personally would not buy an ounce at a time. I would have 30% more silver than gold, while buying gold fractionally.
Basically all that we have spoken of is of importance. It just depends on the variance of collapse. If the dollar dies....gold and silver will skyrocket. That's just common sense. If the collapse worsens then we can start to use our mRe's and smokes for barter. I would not buy an ounce at a time. I would have 30% more silver than gold, while buying gold fractionally.
Basically all that we have spoken of is of importance. It just depends on the variance of collapse. If the dollar dies....gold and silver will skyrocket. That's just common sense. If the collapse worsens then we can start to use our mRe's and smokes for barter.
 

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Mojo4...one more thing. Its true that gold is about 200 points off its all time high and silver
Is 30 pts from its high, but in no way are they even close to being at their all-time inflation adjusted high You spoke of buying power? If you take into consideration the price of gold at $1,600, and the price of the dollar with a real intrinsic value of .82/per dollar, compile Qe1, qe2, and possible Qe3. Then add on 16 trillion of debt along with countries like India and China buying the most gold and 1 quadrillion of derivatives....you get a dollar collapse and a potential price target for gold at 7k, and silver at 200. One more thing...I'm in California and gas price is between 3.99-4.39. With oil at around $82 a barrel we should be Paton in the $2's. Why aren't we? Inflation.
 

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I agree that gold and silver will probably be the main source of trade if the dollar completely devalues. I don't agree on the growth value. After a collapse what will be the availability of guns and ammo? I would think far far less than now and the demand would skyrocket. Nope, I believe the growth in value of guns, ammo booze and food will far outgain any growth in precious metals. But I could be wrong, but at least I can eat. So keep some silver zo, I might have to trade some ammo for some!!
 

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mojo4 said:
I agree that gold and silver will probably be the main source of trade if the dollar completely devalues. I don't agree on the growth value. After a collapse what will be the availability of guns and ammo? I would think far far less than now and the demand would skyrocket. Nope, I believe the growth in value of guns, ammo booze and food will far outgain any growth in precious metals. But I could be wrong, but at least I can eat. So keep some silver zo, I might have to trade some ammo for some!!
I hear you brother. We are all on hear to help each other. No one knows for sure what the growth will be in anything so thats why it's smart to stock up on everything tangible. I have to thank you for turning my focus to ammo. I have quite a bit but it's smart to buy more. Ill also be sure to put some silver aside for you. :)
 

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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.:p 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...
This is the dumbest answer ive ever read. do some research before you post stupid comments.
 

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This is the dumbest answer ive ever read. do some research before you post stupid comments.
My research? the Covid outbreak retard. if its not there, you can't buy it! and only a fool like you seem to be, trades his food for metal when his kids are hungry. maybe you'll eat one of them? go choke on a Krugerrand moron.

Just looking... three whole posts and he's a genius. keep walking troll.
 
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