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Why Buying Bullion Is Not A Good Investment....

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GO's Avatar
United States
6563 Posts
 Posted 10/10/2012  5:47 pm Show Profile   Check GO's eBay Listings Bookmark this topic Add GO to your friends list Get a Link to this Message Number of Subscribers
......for the Zombie Apocalypse
Why-Buying-Bullion-Is-Not-A-Good-Investment....

Ok so the Zombie aspect is a little far fetched. On a serious note I think a lot of people here are investing solely in the concept of a precious metal that in the event of an economic and social collapse....will be worthless.

Sure gold and silver are nice to hoard up and buy low to sell high but it's a gamble just like stocks. If the power goes out then that money goes with it.

If you are wanting to do this as an investment to retire on then by all means go for it. But do keep in mind that if a local or global catastrophe ever happens then Food, Water, Guns, and Supplies are what make a good investment for both personal use and trading opportunities.

This is merely an opinion from the other side of the coin and I have no wish for this to turn into any type of political discussion
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unholyroller's Avatar
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 Posted 10/10/2012  5:57 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Here is how I see bullion as the various entities that like it justify buying it...
Pure investment = long haul or short...they don't see it as silver, they see it as money
Hobby investment = they like "the shiny" and use the investment angle to sway themselves ( or their spouse ) to justify the buy
Numismatist = they admit they just like "the shiny" and don't feel they need to justify it to anyone!
Doomsday/zombie/prepper = they believe what they read about a "silver" economy if the SHTF...but aren't thinking critically to know that silver "won't keep ya breathing" should that day come.

Here is how PMs shake out in my view and what to invest in and when...
Booming economy = copper, nickel, iron, aluminum
Uncertain economy = gold, silver, platinum, palladium
Dieing/dead economy = lead, lead, lead, lead!
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basebal21's Avatar
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 Posted 10/10/2012  5:59 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I agree actually. I can see Silver having a use at some point though it will be worthless for a while after the incident, but the return youd get for gold will be terrible compared to what you pay for it now.

I actually think the most sought after items when things start to calm down and rebuild would be tobacco, booze, and candy as people will want to indulge in some precollaspe favorites. Plus if your going around tend spending silver left and right youll make your self a target. Having some silver is a good idea but not a lot. Itll be easier to get silver than any of the other items and the money would be better spent on guns/ammo/water purifying methods/food then a massive silver stack if doomsday prep is your goal.


Quote:
Ok so the Zombie aspect is a little far fetched.


Is it?
http://www.inquisitr.com/216476/rus...-zombie-gun/
Edited by basebal21
10/10/2012 6:00 pm
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Ed_B's Avatar
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 Posted 10/10/2012  7:20 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
I have to chuckle a bit when I hear people saying that gold or silver will be worthless after the SHTF. HA! When has this EVER been true? OK, yeah, I know... THIS time it's different. Uh, no actually, it's not. Gold and silver will be worth a lot after the SHTF, just not IMMEDIATELY thereafter. During a collapse and shortly afterwards there will be MUCH turmoil and panic. At that time only that which keeps us alive today will be of real value. There will come a time, however, when the SHTF survivors peek out of their holes and begin to rebuild a new society. THAT is when PMs will really shine.

In the seemingly impossible event that the S does not HTF, gold and silver are terrific inflation fighters. Fiat is guaranteed to inflate and lose purchasing power. Gold and silver are not. They ARE a store of value. They ARE full and immediate payment and not merely the promise of payment. They endure while paper goes bye-bye.

The good news, of course, is that we are all free to choose what we do with our money. Choose wisely... because living with the results will not be easy if we do not.

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basebal21's Avatar
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 Posted 10/10/2012  7:38 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
When has this EVER been true? OK, yeah, I know... THIS time it's different. Uh, no actually, it's not.


I have to disagree with that. This time would in fact be very different than any other time in history. There arent a whole lot of examples of a society just completely falling apart, usually an invading power just came in and over took the old one.

But never before has society been dependent on a system like it is today. Most people in the old days farmed their own things and were fairly self sufficient, thats no longer the case. We really have no examples of a modern society just collapsing other than the USSR shrinking in size and changing governments, but thats still not a complete monetary collapse like were talking about, they just switched to a new system.

So I would in fact say yes this time will be very different than anything that happened in the ancient world. Furthermore were essentially talking about a world wide collapse since were saying no one will be there to help. That has never happened before where national currencies became worth nothing and we have nothing to go off of as a comparison.

EDIT: To be clear I'm not saying it will be worth nothing, but compared to what was previously paid for it I'm saying its not a good stack in comparison to the amount of other goods you could have had. I'm also saying other things will be far more valuable and it wont be until quite a while afterwards when order is restored and rebuilding had begun that people will care for it. Youll be able to get silver far easier than food, or ammo, or anything like that and it will be easy to get a stack then if you want one if you have a stash of other goods specifically for trade.

Right now you pay almost 1800 for an ounce of gold. Thats over a 1000 bullets of almost any type of ammo, or about a 2 year prepper meal supply. You wont get remotely close to that for a gold coin if SHTF
Edited by basebal21
10/10/2012 7:48 pm
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Fat Freddy's Avatar
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 Posted 10/10/2012  8:27 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
GO - you said "...then Food, Water, Guns, and Supplies are what make a good investment ..." and that's a nearly verbatim restatement of what I said in some other string a week or two ago! I couldn't agree with you more, but one thing - you left out a home the savages can't break into. In the event of a baby SHTF (where the worst thing is that people cut in front of each other on the Starbucks latte line at the local mall), the content of these discussions is beyond immaterial - it's silly. In the event of a REAL SHTF - weapons, ammo, food, water purifying equipt (not just water, because you couldn't ever hoard enough), medical supplies and the secure home will be where it's REALLY at. The guy brandishing his ASEs at the savages will be dead meat, but the guy with the AR15's, Glocks, food, water, medical supplies and secure homestead is the guy who won't end up being dinner for some savage. Try protecting your women, children and home with a cutesy little poured 10 oz bar and see what happens! Like that top dog bad guy Marco from Popoya in the movie Taken said -- "Good luck!" Liam Neeson didn't take him out with an ASE or a cutesy little poured bar...
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basebal21's Avatar
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 Posted 10/10/2012  8:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Try protecting your women, children and home with a cutesy little poured 10 oz bar and see what happens!


Well you could set up midevil style traps with them. Break the trip wire and get a bar swinging down from a tree about a head high
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unholyroller's Avatar
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 Posted 10/10/2012  8:59 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Silver bullets!
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barryg's Avatar
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5855 Posts
 Posted 10/10/2012  9:01 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
Try protecting your women, children and home with a cutesy little poured 10 oz bar and see what happens!

Well, duh!

That's why I only buy 100-ounce bars....
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/10/2012  9:06 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
I'm going to try to design a solar-powered gun that shoots 10 oz bars - no gunpowder, cartridges or primers needed! Then - with the $$ I make from the patent and licensing royalties, I'll buy my own island in the South Pacific and miss all the havoc and chaos back here when SHTF finally happens...
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/10/2012  9:07 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
Just out of curiousity what was the last failed country where gold and silver were commonly used as a replacement for money as opposed to a more pure barter system.
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Tim Stroud's Avatar
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2661 Posts
 Posted 10/10/2012  9:09 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Well actually silver just might come in handy during the impending Zombie Apocalypse as a member demonstrated just last week. It could help keep water drinkable for a longer period of time. Just throwing this out there.
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 Posted 10/10/2012  9:34 pm  Show Profile   Bookmark this reply Add Eupion to your friends list Get a Link to this Reply
"Hobby investment = they like "the shiny" and use the investment angle to sway themselves ( or their spouse ) to justify the buy"

You called me out, exactly. LOL. Every time I see a silver bullion coin, I go "OHHH, SHINEY." Then I convince myself it's really an investment. HAHAH, I'm such a sucker to myself. Good thing I don't have a spouse, can't imagine having to get permission to spent my own cash, but everyone has there own. :P

I'm also kinda on the Zombie side of things. We've got all these movies about how a stupid cold can kill off alien invasions. But they never see it the other way around, that they could infect us with some kinda cold. Maybe the Black Plague was an alien disease? I make my friends crazy with all this alien/zombie stuff, but after listening to Coast to Coast for so long, I can't help it. If there are insect zombies in RL, there isn't much preventing humans from being zombified, just need to let evolution do it's thing. And if you don't believe me, look up ant zombies. I just hope it's not like the movie "aliens" with stuff busting out, like those parasites that live in crickets, and forcing them to jump into water so the parasite that continue it's life cycle. Imagine a 20 foot long parasite coming out of you? Doesn't matter where, because it's still going to hurt like hell.

Wish this forum was a Zombie/Aliens/Conspirators forum. And yeah, I know I can go to one, but it dosen't mean all you folks will follow. Usually forums are filled with trolls. Amazingly, this site isn't. Not sure if the admins are just doing a really great job, but yeah, love this site.
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GO's Avatar
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6563 Posts
 Posted 10/10/2012  9:39 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply

Quote:
and begin to rebuild a new society. THAT is when PMs will really shine.
Agreed. But only when it's a stable society but sadly corruption and greed will always loom.
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mkfarm's Avatar
United States
667 Posts
 Posted 10/10/2012  10:33 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
Your simply wrong. Read a little about the Germany hyperinflation period after World War I. No zombies, no new world order event just hyperinflation that made cash worthless. Those that held PM's along with other certain personal property such as art, rare stamps, antiques etc preserved their wealth.

Another interesting fact was during world war two. During World War II, many Greeks refused to accept local currency. British commanders carried gold bullion as the only means of paying locals for goods, service and labor.

I could go through a rather large list of examples but I think you get the point. Even in distressed times when food, water and basic needs of life were important gold still was king. History never lies if you know it. :)
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trout1105's Avatar
Australia
7096 Posts
 Posted 10/10/2012  10:42 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I have firearms ,ammunition,Land,diesel and livestock.
It cannot hurt to have a decent stash of silver as well
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