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

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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/12/2012  03:04 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Unfortunately, in the long run we are ALL co dependent for our survival as a society. For ammo, you eventually need re supply, same for fuel, and unless you are currently living self supporting in a rural environment, for food as well.

There will always be a few remnant survivors, but with or without guns, the survivors will continue to live in a very precarious and dangerous environment.

It seems to me that those who live by violence will die by violence, and such lives will be totally wasted. That is total tragedy.

What happened to brotherly love? Why is it becoming harder and harder to find on a societal basis?
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/12/2012  03:08 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:

My point is that when things go bad locally, but the rest of the nation is seemingly okay, the human instinct and ability for bootstraping one's own survival is compromised. And frankly, from a rule of law perspective, that's probably a good thing. However, in a large event, when people realize that they are truly on their own for the long haul, eventually, they will fall back on the time tested and proven concepts of what has lasting value. Hopefully, we'll never experience such an event. But you cannot predict how a national event will play out based on past regional disasters. It's just not a real world test of human behavior.


Id actually argue the opposite that if its that bad from a local disaster, a national one would be much worse. It really is the closest we have to a modern day SHTF. Nationally people would still be expecting help. Without power they wont know everything else is gone too, and even if you knew the US was gone in modern times you would expect help from other countries like after a Tsunami. Short of a massive commit hitting the earth thered just be no way to know no ones coming to help till months past and no ones showed up

You are right eventually people will get it together, but the key word is eventually. Regional or national massive disaster the behavior is largely the same. A large percentage of people will care about nothing but themselves and do whatever they think will benefit them the most creating even more chaos.
Pillar of the Community
unholyroller's Avatar
United States
1903 Posts
 Posted 10/12/2012  06:14 am  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
I strongly beg to differ....once things got past the first 48 hours and no one was showing up to "save them" people reverted to a true human response to self preservation....steal, loot, and shoot. If things were NOT local or regional and more national or global in scale you would just see Katrina on steroids. Empty bellies and fear of personal security do not muster up desires to obtain lumps of metal.
Valued Member
thehulk's Avatar
Canada
178 Posts
 Posted 10/12/2012  12:42 pm  Show Profile   Bookmark this reply Add thehulk to your friends list Get a Link to this Reply
I'm surprised no one has brought up that new show, Revolution yet. The premise of the show is that all electrical devices stop working and it follows a group of people 15 years after the power went out. The show itself is ok, it has its flaws (the power stopped working because the rules of physics were changed by someone!) and it's fiction, but it does present one possibility of what would happen to society if all electricity and any device (ie cars) that needed electricity stopped working.

It's a lot like what people have described on this thread. Law and order collapse and people are left to fend for themselves. People are killed for scraps of food. Gun ownership is made illegal by the ruling militias and anyone with a gun is killed. On one episode, a guy throws a silver nugget to another guy to pay for information.

It's a quite interesting show as long as you can forgive some logic transgressions!
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mkfarm's Avatar
United States
667 Posts
 Posted 10/12/2012  3:02 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
Katrina shows you what happens when a local government promises your something and doesn't deliver. It is not much different though than what has happened in history since the beginning of time.

The Black Plague struck and it broke done there very same fabric as Katrina. Governments stopped working the economy stopped and bands of bad guys killed or took what they wanted. What people were not sick were left to defend themselves, except this was a world wide event which to put it in perspective a Full United States Katrina.

No one said we would not go through this first step. But it was indeed a short amount of time. What happened next? Well the next spring planting was done and people started to out their economy and society in order.

So I ask you what do you want green backs or PM's? Do you think I would take your dollar in trade? You would be nuts and I certainly would not trade for ammo or guns at this time.

You see history is full of examples of the events after the great down fall. There are far more societies than I can count that have fallen or even disappeared. There have been just as many economies that have down the same.

Survival has depended on getting though the first stage which is very short then having what you need to function in a new economic system. Money had changed just as the weapons have but one thing has remained a constant - PM's were valued by all after the event.

So to think they are the last thing you want in any SHTF would IMHO be wrong. Certainly no one on either side has said a little food, or personal protection devices are not part of the plan.
Valued Member
United States
161 Posts
 Posted 10/12/2012  3:06 pm  Show Profile   Bookmark this reply Add VGRX to your friends list Get a Link to this Reply
Katrina situations can only last so long. Eventually someone comes in to take over to restore order.....their order.
Valued Member
Shirayasha's Avatar
United States
141 Posts
 Posted 10/12/2012  3:31 pm  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply
When the SHTF, dollar bills or any paper money would be worthless to almost worthless I would think, (or super highly inflated, bottle of water for 50,000$?) just a guess. I believe that precious metals would have a higher chance of being useful in a SHTF situation, but honestly, in that situation, your best investment is CANNED FOOD.
-that being said, I dont believe that the **** is going to hit the fan any time soon, and that our green backs will remain pretty useful for years to come. my dollar will for the rest of my life allow me to purchase goods, and silver/gold will never allow me to do such (unless I exchange for money)
-that being said, why do I own silver/gold? because I feel like it is better than having the money sit in a bank for 20 years+, I love playing with it, and making silver forts, and its my money and I could do whatever I want with it. (sorry for sounding ignorant :) haha)
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/12/2012  4:13 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Silver forts! I love it...I want to see I pic of one!
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/12/2012  4:14 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The Black Plague struck and it broke done there very same fabric as Katrina. Governments stopped working the economy stopped and bands of bad guys killed or took what they wanted. What people were not sick were left to defend themselves, except this was a world wide event which to put it in perspective a Full United States Katrina.


There were still governments in the black plaqgue. There werent electronics to steal back then either. But again peole were dieing but nothing eas effective. They didnt have any machines not work or any records lost or people all of a sudden have no money.

Plus you know what else is real good at keeping order, the fear of death is you get near anyone. You arent going to a loot an infected house youll stay holed up in your own.

So yes if a world wide disease breaks out the black plague is applicable, if we just lose power wont be anything like that.
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Ed_B's Avatar
United States
4008 Posts
 Posted 10/12/2012  4:15 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
You literally cant do anything without a machine or electricity. That kind of dependence has never been seen before. Without power nothing we have works.

Have to agree with this for sure. Technology is so pervasive these days that many of us forget that it is even there , working away all the time, until it stops working for various reasons. Then we definitely feel a surge of panic. Worse yet, many of us do not know how to do the simple things that people knew 50-100 years ago, such as gardening, canning our own food, fishing and hunting, cutting wood, sewing, digging a well or an outhouse, raising animals, butchering, and the list goes on and on. If we ever get EMP'd, there will be MANY people running around like lopped chickens with no clue as to what to do to stay alive without advanced technology and an amazing product delivery system to back them up.

As to PMs and their relative value after the SHTF, the dust has settled, and we are all very busy putting our communities back together... buy or do not buy... the choice is yours to make and the consequences to live with. Choose wisely.

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silvercoinrn's Avatar
United States
863 Posts
 Posted 10/12/2012  5:31 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
I think one of the best books that describe a SHTF scenario is the book Alas Babylon, written by Pat Frank. It covers a family who live in a small town after a nuclear Holocaust. It shows the different skills that the towns people have that make it easier to survive.

Does anyone else have any good novels that cover this scenario?
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basebal21's Avatar
13014 Posts
 Posted 10/12/2012  6:49 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Worse yet, many of us do not know how to do the simple things that people knew 50-100 years ago, such as gardening, canning our own food, fishing and hunting, cutting wood, sewing, digging a well or an outhouse, raising animals, butchering, and the list goes on and on. If we ever get EMP'd, there will be MANY people running around like lopped chickens with no clue as to what to do to stay alive without advanced technology and an amazing product delivery system to back them up.


100 percent agree. Towns may be able to cope better especially if theres farm land in the area (assuming bandits dont come) since at least the food supply could continue. Cities however will literally just have whats left on the shelves at stores and then its completely gone with no more on the way. Good luck trying to fish the hudson. Then just to compound the problem even more in places like Chicago, NYC, and Baltimore only the gangs will be armed
Valued Member
United States
161 Posts
 Posted 10/12/2012  9:09 pm  Show Profile   Bookmark this reply Add VGRX to your friends list Get a Link to this Reply
Some of the doomsday ideas presented here sound good but you guys are getting a bit carried away. We are talking about changing some dollar bills into gold or silver coins and bars or not. Nothing more.

To those here that cite Katrina please explain how dollar bills are more useful than silver and gold in these situations. In a worldwide Katrina at least the gold and silver will have value in the years following the recovery. The paper bills may have no value.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 10/12/2012  9:28 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Gerat crises are often indirectly responsible for economic and monetary reform.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/12/2012  9:42 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
To those here that cite Katrina please explain how dollar bills are more useful than silver and gold in these situations


There not, neither are useful if everyone is left on their own like that. If its a regional disaster like that dollars are more useful since they would have been in the bank and not washed away in the storm. If its national and moneys gone then supplies are the most useful which you could buy a lot more with dollars now than you could with that same amount of gold or silver after its happened.
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