what to invest in

Discussion in 'Money, Investing & Precious Metals' started by Vovin, Oct 9, 2008.

  1. Vovin

    Vovin Member

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    What would the best thing be to do during a time when the dollar might be valued at less than toilet paper? It seems like people would go back to the barter system, whats the best thing to get to barter with people during a crisis?
     
  2. TechAdmin

    TechAdmin Administrator Staff Member

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    I think Gold is pretty good. Commodities of course; petrol, coffee, tobacco, OTC pain killers, canned foods, etc.
     

  3. Narsil

    Narsil Member

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    Ammunition in common calibers (9mm, .45, 7.62X39, 5.56 Nato, etc) ;)
     
  4. Dani 187

    Dani 187 Member

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    I would say weapons.
     
  5. bkt

    bkt Well-Known Member

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    Ammo and weapons are best kept to yourself, not traded away. You don't want them used on you later.

    Personal hygiene items (soap, toothpaste, toothbrushes, deodorant, tampons, etc.), common OTC medicines, fish hooks, batteries, tobacco products, and alcohol all make good bartering items.

    Look around your house at items in each room and ask yourself what you would miss most if it weren't there and you couldn't get more.
     
  6. coinguy

    coinguy Well-Known Member

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    Food, ammo, guns, medical supplies, gold & silver, food (did I say that already?) blue jeans, boots, food......you get the idea

    G
     
  7. Denny

    Denny Praying for America

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    It's pretty much been covered here... commodities, such as precious metals and consumables.
     
  8. Jagtech

    Jagtech Electronic Tech

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    I believe that one's own skills are a definite asset that can be used for barter.. for instance, if you can repair something that someone else needs for survival, its worth money in the bank. I fix lots of stuff that people can no longer get fixed locally, and I'm always willing to trade my time for food, or other services (such as dental, eyeglasses, etc), or cash. But you need to put a real value on your time - it is worth a lot to the right person, perhaps someone who is also short of cash.
     
    Last edited: Dec 14, 2008
  9. Jerry D Young

    Jerry D Young Well-Known Member

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    Some of what I'm acquiring for barter

    Scales to get agreed upon weights of items
    commercial scale (±500#)
    commercial scale (±100#)
    commercial scale (±10#)
    commercial scale (±16oz)

    1.0 oz gold coins
    0.1 oz gold coins
    40 count rolls silver quarters
    50 count rolls silver dimes
    blank barter slips

    200ml bottles 190 proof Everclear
    smokeless tobacco
    2 oz boxes tobacco
    booklets cigarette papers
    smoking pipes
    small boxes matches
    butane lighter fuel
    Zippo lighter fuel
    lighter flints
    lighter wicks
    disposable lighters
    straight razors w/strop, soap, & cup
    shaving soap
    Q-tips

    playing cards
    dice

    lengths candle/oil lamp wick
    Coleman lantern mantles

    multi-vitamins
    2 oz jars instant coffee
    16 count boxes teabags
    2 oz jars bouillon cubes
    tubs add-water-only drink mix

    1 pound boxes sugar
    2 oz boxes salt
    2 oz cans pepper
    5 oz cans milk
    4 oz cans cocoa
    2 oz bars chocolate candy
    8 oz bags hard candy (individually wrapped)

    4 oz cans Vienna sausage/potted meat
    12 oz cans roast beef
    7 oz cans Spam (or 12oz)(or Treet)
    6 oz cans tuna
    10 oz cans soup (heavy on the meat types)

    16 oz bags rice
    16 oz bags beans

    aspirin pain killer
    acetaminophen pain killer
    multi-vitamin
    OTC reading glasses
    OTC UVA/UVB resistant sunglasses
    Cheap wide-brimmed straw hats

    small boxes tampons/sanitary napkins
    reusable sanitary napkins

    reusable cotton diapers
    diaper pins

    clothes pins

    wooden pencils/ink pens
    small note books
    legal pads

    50 count bottles water purification tablets

    6”-12” candles
    boxes strike anywhere kitchen matches

    rolls toilet paper
    bars soap
    hair combs/brushes
    disposable razors
    toothbrushes
    boxes baking soda

    packets safety pins
    packets of sewing needles
    spools of thread

    mousetraps
    rat traps
    fly swatters

    jersey gloves
    cotton/leather work gloves
    insulated gloves

    tubes silicone sealant
    tubes Shoe Goo/Goop
    tubes JB Weld
    duct tape
    mechanic’s wire
    electrical tape
    friction tape
    rubber tape
    sheet plastic
    divided buckets with a variety of nails, screws, bolts, nuts, and washers
    sealed cans of welding rods (6011 and/or 7018 1/8”)
    variety of brazing rods
    cans of brazing flux

    regular canning lids
    wide mouth canning lids
    P-38/P-51 can openers

    1-b propane cylinders
    10-lb bags charcoal briquettes

    solar 12-volt battery chargers
    solar AAA, AA, C, D, 9-volt battery charger
    rechargeable batteries 20 each AAA, AA, C, D, 9-volt


    #10 cans heirloom seeds

    500-round bricks .22 LR RF cartridges
    5-round boxes .410/20 GA shells
    single units M6 Scout/Savage 24/Remington SPR-94 O/U .22 RF/.410 or 20 gauge combos




    Here are a few skills I think would have barter/trade potential


    Alternative energy specialist
    Ammunition re-loader
    Appliance repairman
    Artist
    Assayer
    Baker
    Banker
    Barber
    Basket maker
    Bathhouse/shower room operator
    Beekeeper
    Bicycle Repairman
    Biodiesel maker
    Blackpowder maker
    Blacksmith
    Bookbinder
    Botanist
    Brew master
    Brick maker
    Bullet caster
    Butcher/meat processor
    Candle maker
    Candy maker
    Carpenter
    Cartridge maker
    Cartwright
    Chandler
    Charcoal burner
    Cheese maker
    Chemist
    Chimney sweep
    Cobbler/shoe maker
    Comedian
    Cook
    Cooper (barrel maker)
    Coppersmith
    Dentist
    Distiller, drinking alcohol
    Distiller, fuel alcohol
    Doctor
    Dog trainer
    Dye maker
    Electrician
    Electronics tech
    Entertainer
    Farmer
    Farm hand
    Farrier
    Firewood purveyor
    Fisherman
    Food canner/processor
    Furniture maker
    Gardener
    Gatherer (wild plants, useful rocks and minerals)
    Glass maker
    Goatherd
    Goldsmith/silversmith
    Gravedigger
    Gunpowder maker
    Gunsmith/gun maker
    Handyman
    Harvester/picker
    Heavy equipment operator
    Herbalist/mineralist
    Historian
    Horse trainer/wrangler
    Hunter/trapper
    Ice purveyor/harvester/maker
    Ink maker
    Judge/arbitrator
    Karaoke operator
    Knife maker
    Knife sharpener
    Knitter/crocheter
    Laundress/laundry room operator
    Leather worker
    Librarian
    Logger/forester/sawyer
    Lumber maker
    Machinist
    Maid
    Massage therapist
    Mechanic
    Metal worker
    Metallurgist
    Midwife
    Milk maid
    Milk processor
    Miller
    Millwright
    Miner
    Mulcher/composter/manure collector
    Musician
    Net maker
    Nurse
    Optician (eyeglass maker)
    Orchardman/arborist
    Paper maker
    Peace Officer
    Pedi-cab driver
    Pest control specialist
    Pharmacist
    Physicist
    Plumber
    Postman
    Pottery maker
    Primitive building specialist
    Printer/newspaperman
    Radio Operator
    Rancher
    Ranch hand
    Repairman
    Roofer
    Rope/cordage maker
    Sail maker
    Sailor (Boatswain)
    Salt maker
    Salvage specialist
    Scribe
    Secretary
    Security guard
    Shake/shingle maker
    Sheep sheerer
    Shepherd
    Shipwright/boat builder
    Shoemaker
    Skill At Arms instructor
    Small engine mechanic
    Smelter/foundryman
    Soap maker
    Soldier
    Spice purveyor
    Spinner/Weaver
    Stonemason/brick layer
    Storyteller
    Sugar maker
    Surveyor
    Tailor/seamstress
    Tanner
    Teacher
    Thatcher
    Tinker
    Tire repairman
    Tool & die maker
    Toy & game maker
    Trader/Wagoner
    Trapper
    Truck driver
    Undertaker
    Veterinarian
    Watch/clock repairman/maker
    Weaver
    Welder
    Well driller
    Wheelwright
    Winemaker
    Wood gas equipment maker
    Woodworker



    Here are some examples of Tradesman’s Tools that could be stockpiled and either used and the product/service bartered, or their USE bartered out. One wouldn’t barter away the tools that bring in the food.

    ±500# scale
    ±100# scale
    ±10# scale
    ±16oz scale


    Tailor/Seamstress tools
    Sewing machine
    Serger
    Sewing basket (needles, thimbles, thread, measuring tape,
    seam ripper, scissors, shears, marking chalk, straight edge, pins,
    neck magnifying glass, etc.)
    bolts of cloth, patterns, spare needles, pins, chalk, thread, buttons,
    zippers, snaps, etc)
    Treadle type sewing machine (Janome 712T)
    weaving looms
    >1,000 watt generator


    Food processing tools
    Grain grinders, solar dehydrators, butchering tools, manual meat slicer, manual meat grinder, sausage stuffer, stuffing tubes, jerky shooter, water purifier


    barbers tools
    scissors, combs, hair brushes, dusting brush, broom, dust pan, chair,
    neck apron, razor, shaving cup, shaving soap, towels

    ammunition reloader’s tools
    Dillion progressive tool w/primary caliber dies
    RCBS press with common caliber dies
    Bullet casting equipment
    lead
    black powder making tools & screens

    laundry tools
    Staber washing machine
    laundry soap
    bleach
    clothes lines w/poles, stakes & clothes pins
    water heater (kettle w/tripod)
    water tank
    12v pump & battery
    drain line
    James washer w/wringer
    2+ washtubs
    >1,000 watt generator

    entertainment tools
    band instruments
    projection TV
    TV projector
    Lap-top computer
    DVD disk player
    VHS tape player
    Chairs
    Karaoke machine w/cd-g’s
    Lighting system
    Sound system
    >1,500 watt generator
    Battery bank, solar panels, and inverter
    protective bullet resistant face for TV’s if used
    Classic books for storyteller to read

    home canning equipment & supplies
    firewood cutting tools
    knife/edged tool sharpening tools
    printer’s/newspaper publisher’s tools
    butcher/meat cutter’s tools
    meat processors tools (sausage, etc.)
    tanner’s tools
    milk processors tools (cheese, etc.)
    baker’s tools & supplies
    bath house/shower room tools
    candle maker’s tools & supplies
    gardener’s tools
    mechanic’s tools
    machinist’s tools - Smithy Granite 1340 Industrial Max metalworking all-in-one machine
    woodworker’s tools - Shopsmith Mark V woodworking all-in-one machine
    blacksmith’s tools - Oxygen accumulator, acetylene generator
    plumber’s tools
    lumber making tools - portable sawmill
    electrician’s tools
    carpenter’s tools
    roofer’s tools
    stonemason’s tools
    primitive building tools
    cobbler/shoe maker’s tools
    soap maker’s tools
    brewer/wine maker’s tools
    distillery tools
    miller’s tools
    spinner & weaver’s tools (looms)
    teaching tools and supplies K-12
    smelter/foundry/metal worker’s tools
    sheep sheering tools
    papermaking tools
    rope, cordage, and net making tools
    millwright’s tools
    farm tools (prepare, sow, cultivate, harvest)
    biodiesel equipment & supplies
    wood gas generator equipment & supplies
    charcoal making tools
    black powder making tools
    paper making tools
    reference/do-it-yourself library (books/magazines/CD-ROMs/DVDs)(never let the media out of your control)
     
  10. Kiwi Will

    Kiwi Will Member

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    Where does one start ! ! ! ? ? ? ?

    I reckon that if (or most likely in my opinion that should be WHEN) tings all turn to custard, man can do nothing if he's is hungry for more than a week. What we should be planning is to have knowledge of how do do things that can ensure survival. The other fella who is not being very nice to me can take every thing away from me except what skills or knowledge is in my brain. Thats only taken if there is a bullet parked within it.
    Learn how to feed on minimal resources of limited natural materials. Anything else is going to need craftyness, skill in catching, gathering, preserving it, storing it, cooking it and catching up with a replacement for next time.
    Putting at stash of tucker(food) somewhere sound good but you'll need more than one in just one location. The food stash should include some other items likely to have more easierly lost of if its Chinese made, broken. eg knife, trace & hooks, plastic sheet, nylon cord.
    Remember satellites are pretty nosy things and cell phones are giving your location as well. It may seem to be over the top but evry call on cell ph or land line is monitored as is this computer written message. Computers are doing it all and interpreters are employed to read what the computer pulls up if it is not in English. I kid you not! This is knowledge, NOT belief.
    If your able to make a fair sized stash of tucker, if it's dried, it will less likely ruin (unless it gets wet of course).
    It will weigh less to carry, it will be less in size for storage space. Unless your in desert of course, cause then it's best to get out of there cause of the lack of the obvious.
    Practice storing sumit in a hole somewhere. Go back in a few months and see what could have been done better. Like lighting a fire, practice brings knowledge and especailly confidence. A super important factor!

    Have fun FUN FUN. Learn and store that knowledge in the grey matter so you can pass it on to da kids and their wee brats when they get to think that maybe the ol' man & his gal might have an inkling of sumit that might just be worth knowing about.
     
  11. Canadian

    Canadian Well-Known Member

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    Gold, Silver, Food, Water, and Fuel. All protected by a large supply of firearms and ammunition.
     
  12. survivalboy12895

    survivalboy12895 Active Member

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    Well even tho most people think of gold as the number one thing,I would say silver.If it gets so bad(which I think it will)that we will have to barter for goods,silver will be alot better then gold,and this is why.silver is more easily divided then gold.I'd say get $1000 face value in silver dimes.Because its better to barter 10 dimes instead of one silver doller.Because just think if you have to buy something that costs $1.50 face value of silver.They seller might have change,but they might not.Its better to be safe,then sorry.

    The other thing to invest in,is common caliber ammo.Mostly .223,.308,30/06,.270,9mm,.40 s&w,.45,12 gauge and .22lr. If you could afford it,I'd say 5000 rounds of each.I know this sounds expensive,but everyday the dollar is getting weaker.
     
  13. Littlebit

    Littlebit Well-Known Member

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    I have a .22 riffal and .22 9 shot revolver. Right now I have 1525 Lr rounds. I have been thinking about getting a shot gun, but with my arthris I don,t want something that will leave me in aggany for days after I shot it. What would you suggest. 410 maybe?:confused:
     
  14. UncleJoe

    UncleJoe Well-Known Member

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    FOOD! EVERYONE MUST EAT.

    If you can produce it or have huge stores of it, you will quickly become rich. However you will also become the target of those who will just take what they want so a way to protect your stores comes in a very close second. ;) :D
     
  15. HozayBuck

    HozayBuck Well-Known Member

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    This subject comes up pretty often and mostly the same folks say the same thing every time, I'm no exception. Having said that...

    While I will say I wish I had bought some PM's back 5 to 10 years ago I didn't, and to do so today is kinda like pissing on a forest fire, a one oz gold coine is what?? 1200.00 ? for that amount of money you can look around and get an AR 15 and a thousand rounds of ammo...or 2 AK's and close to 2000 rnds of ammo... or..a lot of LTS food , you can do a great deal with $1200.00 .. to me $1200.00 is a pretty good bit of mad money, to some it's a weekend of fun.

    PM's are a great hedge against bad times, but PM's can drop in value by 50% almost over night, you will never ever see an AR or AK drop 50 %... a case of 22 LR ammo is 5500 rounds about $130.00 to $140.00 Ruger 10-22 rifles are around $200.00 so how many can you buy after you buy 10 K of ammo for them...

    They will never be worth less then you paid..ever.

    Now if some of you have several thousands of dollars in the bank, hell yes buy some PM's, but for the everyday working stiff there are much better things to spend your $$$ on...

    for the cost of 10 OZ's of gold you can buy some rural property for a retreat..

    Just not for me... I have other plans and needs
     
  16. jungatheart

    jungatheart Beginner's Mind

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    My microwave just quit working and I can attest that, as long as electricity is still running, people will be wanting them. I bought a replacement and a spare.
     
  17. allen_idaho

    allen_idaho Well-Known Member

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    The value of an AK all depends on where you live. You can pick up a fully automatic AK-47 built in the 1950's for $150 in Somalia right now. An RPG and grenades will run you $200. All because the country is flooded with them. If the US were flooded with them, they'd probably be dirt cheap too.
     
  18. NaeKid

    NaeKid YourAdministrator, eh?

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    I haven't had a microwave for over 20 years now and got rid of my TV 10 years ago. I have not missed having the microwave or watching TV.

    I feel (and some will disagree) that prepping is slowly changing your lifestyle from one that you rely on technology and the "grid" of supplies and you start to rely on yourself and your skills.

    I do understand that some technology is required to survive in today's world, but, the more that we personally limit that requirement, the better off we all are.
     
  19. HozayBuck

    HozayBuck Well-Known Member

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    I can agree with NaeKid on that in a small way , yet I have this Computer needle in my vein and I don't wanna go cold turkey.. I could live without TV but I see no reason to avoid the microwave , there I have to ask why????

    To Allen_Idaho , yes your right, but by the same token a human life in those places has even less value... lets keep focused on the good ol US of A...

    I'm not saying those of you who own PM's are mistaken, I was answering the OP's question in my way... to me there are things much more valuable then PM's.. of course in a fire fight your PM's will be made of Brass, lead, steel...so in a sense I have a lot of PM's !!! :D
     
  20. kyfarmer

    kyfarmer Well-Known Member

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    Same as i always say, Beans And Bullets, without the latter ya won't hang on to the first.