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Do ya'll think that in a SHTF world that people would really trade goods for gold and silver. Or would it be better to put that money into ammo. I think a lot of people will not be stocked up on ammo, (not people on here) and ammo would be better. What ya'll think?
 

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Little here, little there. Always good to have gold and silver but like 'Neck said, the train has left the station. Way to high. Gold will see $1000 before it sees $2000. Better off buying the essentials like beans and bullets.
 

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As you've heard before, you can't eat precious metals or ammo. I think for the first couple of years people will be trading things neccesary to stay alive and keep them alive. I guess that would include ammo. People who are well set up and not in need and who want to trade will probably be glad to take precious metals. I would love to have some gold and silver, but right now we're doing what we can to get all of the tools and supplies that we need. I would much rather have what I need when tshtf than have to look for it, wheel and deal and trade for it.

I don't think that it's ever too late to start stocking up on anything. Everyday you add to your supplies you are a day closer to being as prepared as you can. Though I doubt it, it could be another 10 years before we have to deal with this.
 

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SilentHitz said:
I don't get the whole gold & silver SHTF thing myself. Someone try to hand me either for food or ammo that's in short supply...and they get laughed at.
Agree 100% ... would like to have a stash of gold and/or silver right now so I could cash it in and buy food and ammo.. and possibily some bigger toys - like a tank!!
 

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I had a guy call me about a year ago trying to get me to invest in gold. After I explained that I had no interest in gold, I told him that I was currently buying copper and lead. He naively asked about the value of copper and lead? I told him that the two metals were very valuable when you push them out of a rifle barrel at 3000 fps.
 

· Waffennarr
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In a SHTF situation, initially, there will be those who will take silver & gold for valuables (food, water, ammo, ??). But, assuming the SHTF situation lingers for any longer period of time, even the silver&gold will lose its value as it can't be eaten or used to stay alive... I know several people on another list who are hoarding the bulk boxes of .22. The rationale is that .22 ammunition will be of most use, either for themselves or for barter: (1)relatively quiet in a rifle - won't draw unwanted attention from more than a few hundred yards - helpful if martial law is declared and / or any type of weapons confiscation is implemented. I know laws against this have been passed but remember N.O. after Katrina! Just because there's a law doesn't mean the people in charge will obey it! And the report of a .22 is easier to conceal.
(2)can be used for defense (not best choice but can be done), and (3)can be used for hunting (again not the best choice but see reason #1).
Then, before you accumulate too much of the gold & silver, there is the old, old saying that "the man with the guns will have the guns AND the gold"...
But I did buy a bit when gold was 'only' $1,000 and silver was 'only' $17. Now $1400 and $35 respectively. I'll hold on to it, at least for now.
 

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I tend to take the position that SHTF is a rather simple view of what may come. I guess look at it from a defcon point:

Defcon 5 ... Will happen Hope you invested in Jesus
Defcon 4 ... May happen, but guns are to little think needing your own atomic bomb for MAD
Defcon 3 ... May happen,Grab your guns, ammo ad family and hide
Defcon 2 ... Happening now... the economy unwinds, causing massive dollar dysfunction, use that commodity you saved up ( gold, silver, land..)
Defcon 1 ... Cash it up baby...

So I am not so prepared for Defcon 3 (but not completely bereft)... but I have 5 covered and I did the the best I could for 2, might even make a buck or two.

The point is that SHTF could mean defending your solid assets or it could mean just protecting your liquid assets. Guns for one, gold for the other.

Lastly... if it did get so bad that I would not be trading gold for stuff... I sure as heck would not be trading the only I had to protect my assets.. ammo.
 

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Bibles, bullets, beans, bullion, in that order...

22 lr and basic food items WILL become currency in a long protracted situation...anything that involves widespread, long term grid down situation.

The 'grid' up/down is the difference between tough times and chaos. If the grid goes down in a widespread area for longer than 6-8 weeks (at the most). You will see 'society' revert back to the Darwin's Theory.

Which brings me back to bibles, bullets, beans, and bullion...in this order.
 

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Invest in guns and ammo...U got them...you can get and keep everything else...

Its pretty simple...

and just what is gonna be the SHTF event we are all preparing for...we never seem to get around to talking about that.

Gold and silver pay you NOTHING while you hold em....If I was gonna hold some...it would be bullion...bars...not coins which is what you normally see....

wanna grow some food?...better own some land
 

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My personal view of it is, in a shtf situation if someone were to come up to me and try to hand me either a lump of coal or a hand full of "precious" metal I'm taking the coal. I can atleast start a fire with coal what's a chunk of metal going to do for me in a time when it's not good for anything but holding up a table leg? I guess what I'm saying is take the food and ammo in my openion the gold and silver just doesn't seem to be worth it to me. Just my 2 cents but what do I know I'm just a dumb country boy.
 

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I tend to look at it this way: the dollar will continue to inflate. Already the international community is talking about dumping the dollar as the go-to medium of exchange. So what's left? The euro? The euro is a joke, and if the dollar goes, the euro will fail as well.

Once our dollar reaches a critical point, it's value will drop, and food, commodities will go off the regular market and onto the black market. Medium of exchange will be gold, silver, and diamonds at the higher end of our economy, and at the lower end, our end, medium of exchange will be driven by need and desperation. What will our medium of exchange be? Whatever we've got. The grocery shelves will empty in a matter of hours, once the panic sets in. People have to eat, so whatever we have to do to feed and protect ourselves and our families we will do. Think you'll know what to do? Trust me, you won't. People will become angry, desperate, irrational. We don't think well under that kind of pressure.

When it reaches this point, don't expect our government with it's access to military might, to sit idly by. Remember Katrina. Remember what they did to that little old lady, and the other people. http://www.youtube.com/watch?v=-taU9d26wT4&feature=related And no, The Posse Comitatus Act will not prevent a declaration of martial rule. If martial law is declared, we have no rights, just do as we're told. All dressed in black, they will come in the night after our guns.
They come, break down the door if necessary, scaring the crap out of the kids, and they're in your face and they want your guns, and will take them, if they can find them. Remember, the guy in black with the AR is "just doing his job". And maybe the wife is scared, for the kids, and she says, "Honey, just give them the guns". Game over.

Looters, government goons, and our own sheer desperation will weaken us, make us fearful, however outwardly we keep up the good fight. An individual is very, very vulnerable. People will begin to band together (safety in numbers). What about gasoline?

Do I know what I'll do ? (assuming I live long enough, which is unlikely) in such a situation? Nope. If I had to guess, I'd probably try to put space around myself, away from towns, etc. - assuming I could get past the checkpoints which have by now sprung up all over the country. Gas is gonna be a problem. Beyond that, I just don't know. I'm 70 years old, so odds are, I won't live to see this, but that don't mean I'll give up. I'm learning how to reload & will pass that along too, along with my guns when the time is right. If you are in your 20's, 30's maybe even 40's, you may well have to go through hell. This is not the America I grew up in.

My motto is: "learn and teach". It's always worked for me.
 

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Son bought silver on the way up. Stopped at 19. Told him to sell half of it and buy more guns/ammo the other day. Free guns or free silver, call it either way it's still the same. Wish we could've bought it in our 401K but like 'Neck said, train's so far out the station you can't see the smoke.
 

· Waffennarr
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I recommend you keep just enough of the metal to buy stuff with when the $ crashes and / or the SHTF - whichever comes first. You may be able to gain "things" you need from those who are still enamored of the metal (gold &silver) in the initial 'panic' or 'catastrophe' or whatever you envision. Those who have 1,000 ounces of gold / silver / diamonds and won't part with it when the time is right will starve while trying to eat that stuff...if they don't have it taken from them at the point of a gun! I look at my relatively small 'stash' as "Schmiergeld", something to use on the inevitable black market of barter which some might argue is already springing up.
What DO y'all envision as the "SHTF" event? I think a run on the $ might be it, perhaps if we piss off the Chinese enough to make them call in their debts from us. Look what's happening to food and gas prices even now. If our gov't can't convince the world that the US $ is stable, we might end up like Weimar Germany, taking bundles of cash to the grocery store to buy a loaf of bread. Then look for riots when the EBT cards won't buy anything. The entitlement class will not sit idly by while they can't get access to their monthly benefits. Just a scenario I envision, one of many possibilities, I believe
 

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The new currency is oil...not dollar, euro, or Gold

One of these days oil won't be denominated in dollars any more...and that might actually help.... believe it or not the dollar is really not in all that bad a shape right now..

America was warned big time in the 70's gas crunch...we haven't done a dang thing about it....me included...me and my 2 gas hog 4x4's.....

sigh

drill baby drill

Oh yeah...The Regime won't let us
 

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msredneck said:
The new currency is oil...not dollar, euro, or Gold
Quite right! We need a "Manhatten Project","Marshall Plan" or a "Man on the Moon Plan" to get alternative fuels readily available. I would think we spent as much on oil (heating, gas, etc) than we did on those to projects combined (not counting inflation. How many dead soldiers, airmen and marines have we thrown into endless battles. Let them have their oil, we'll sell them water with the right mix of power generation at home.
 

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FOOD will be the new money,if you can/could produce it,people will trade/barter with you for it.
As far as trading ammo,I personally wouldn't be traded out of any I had stored up,simply because it could be used against me (maybe)later.I would be willing to trade somebody a loaf of home made bread for their rifle,ammo,car or other valueable that would benefit me later down the road.
Gold and silver,I'd be willing to trade even up,weight for weight ie:1 oz shiney metal = 1oz.bread,meat etc.....
 
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