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

Basically the point is that if your primary or sole goal is to prepare for such an event putting thousands and thousands into PMs for such an event isn't the best planning. Having a bit is good but you dont need a closet or garage full just for that.

If you end up spending close to a 100k or more stocking up on PMs for such an event that money could have built a bunker somewhere. PMs will have value, but other things will be more valuable. People wont care about money until they know they can start replacing food. At the very least that will mean some crops need to be planted and harvested and once they know they can do it then youll start to see a money system come back into play.

Humans lived quite a while before developing money. Without food and water nothing else will matter. PMs may in fact be worthless for a period of time after such an event, but not forever. I dont think I've seen anyone try and say theyll be worthless for good, its just that a leg of venison or some mres will be more desirable than money until you get to the point of society getting over the shock and starting to reform.




I dont think itll be worthless, just that there far better values for the money if youre planning for that. What you can buy now with that money will be more than the silver will bring back. If you have other reasons for getting silver that comes into play too. Personally I like silver coins so I get them.




Its not huberis its just understanding how society has changed. We dont have a past comparison of a technology dependent society falling apart since most of the things we now rely on were created in the last 20-30 years max.




100% agree.




The question becomes though will the PMs you can carry bring back more food water ammo then you could have carried. At least for the first year when panic is still ripe I would say no. As time goes on and people adjust and supplies normalize as new things are set up I would say then PMs will see their usage greatly increased.

People who are not into history easily default to the position that "today" is different because of x, y or z. Chronological snobbery is part of our zeitgeist.

Why am I not surprised? lol

Sure the causes of the current and future scenarios may very well be different but the results may be very similar. The human animal has 100,000 years of animal behavior, covered in 10,000 years of barbarian behavior, topped off with about 700 years of civilized behavior. Various groups have certainly exhibited throwback behavior and have been dealt with accordingly.

As to societies just falling apart, I submit that any prior society that did fall apart probably did not bother to record the event for posterity. We also do not know that our society will just fall apart. It might, then again it might not. It's very likely to be different from what we have today but in what way, none of us knows.

I'm reminded of the phrase, "all enemies, foreign and domestic". Could be that we have plenty of domestic enemies to accomplish all manner of severe problems, so foreign enemies might not be needed.



Indeed so, MK, and that is fine. When a SHTF scenario unfolds, we are likely to have ALL of the proof needed as to whether or not any of us got it right. Not that we'll care, of course.

I believe if what you are talking about - technology then with out a doubt yes PM's will be very important.

People will get by heck the world will get buy, though your checking account may take a long time to get figured out.

Food certainly will be available though you may not be able to eat things like bananas year round. But food will be plentiful. It may take a short time but even during he black plague people found a way not to miss a planting even though they had far greater problems than no technology.

Even if we had a long term problem in distribution of fuel people will get by and again PM's will be very important.

You are very short sighted on the human race. Though I can see a stinky New York City when the sewage will not flow but they will find a way to develop a solution.

Getting buy is what we as human do well we have a long history of doing it and doing it well. During this time I will take PM's over dollars any day.

There might be a benefit - banks will no longer have the info on how much I owe them and since the post office will not have fuel to deliver a bill it will not matter.

My point is this is far less of a problem than people dropping dead by the thousands each day.

Simple....katrina.....did you see anyone in the area trying to "work through things" no...they huddled around a non functioning sports arena pleading for others to help. 40,000 people can get a lot done when they work together regardless of circumstances but when the SHTF there...what did people do....looted, robbed, and stole. Did they work together to make things better...no, did they trade silver and gold no....did they shoot at each other...yes. Katrina is the best example of our recent history and what happens when the SHTF. No speculation or errors in which society in the past compares. The Katrina disaster bears out to me that PMs have zero bearing on surviving societal collapse...period.

If your investment - PM's or otherwise- is not able to make a nett profit after inflation, fees and tax,
don't bother.

If everybody invests in guns and ammo, and society breaks down you have what is commonly known as civil war. Everybody looses a great deal and some loose their life, even though they may be well armed. History is studded with such tragedy.

So unless you are able to buy and sell guns and ammo for trade and / or investment, perhaps they are not a good investment, maybe PM's better.

My dad is a real pessimistic, via Mr. glass half empty guy lol....

A real hermit of sorts, not much a fan of humans, holds most of them in contempt. Most mindless fools beneath him, animals as Ed pointed out in his barbarian illustration, lol. He would cry how bad he has it, but all he does is watch idiots on Springer and go fishing when it suits him, tough life, lol....

My point, he cracks me up as I asked him what he would do in a SHTF situation?

"Ah, the heck with it, get my 357 and stick it in my mouth and say the heck with all of ya. That's how I prepare." No point he says, minus being rich and having a buried bunker up on the hill you got no chance. Pack up on first aide, Benny weenies, MREz, and water purifier tablets all ya want, you just prolonging the enviable he rants, lol....

And the irony is he has a picture of Jesus in his office and says he is the only way out of this mess, through Jesus, lol....

I find that funny that one of so little faith in man who would shoot themselves to escape when things get tough, feels comfort in religion, crazy world....