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 Replies: 25 / Views: 3,884 |
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Pillar of the Community
United States
685 Posts |
In case some weird doomsday thing happens, gold coins .999 or better would probably be better than silver.
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Pillar of the Community
United States
4897 Posts |
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Specifically, Winchester Silvertips. With enough of those, you won't need coins.
Sadly, I have to agree. |
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Pillar of the Community
United States
2605 Posts |
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In case some weird doomsday thing happens, gold coins .999 or better would probably be better than silver. I don't think gold is digested any better than silver. If it's a real weird doomsday any PM is just unnecessary junk you'll be hauling around. |
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Pillar of the Community
 United States
863 Posts |
yea in a dooms day it might be but not in a financial collapse
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Pillar of the Community
United States
685 Posts |
OK, financial collapse, doomsday is a bit strong. Gold is less weight and more highly regarded. IMHO the PMs, except platinum are over valued.
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Pillar of the Community
United States
3294 Posts |
Good luck finding someone who can make change for your 1oz gold when you go to trade for something. That would be like trying to spend a $10,000 bill.
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Valued Member
United States
318 Posts |
Spending 1 oz of gold would be more like spending a $1620 bill. That pays the rent for a month or two. Or buys a new engine for your car. There will still be money changers if SHTF. They will be happy to break that 1 oz of gold into 25 or so 1 gram gold bars.
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Valued Member
United States
318 Posts |
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Specifically, Winchester Silvertips. With enough of those, you won't need coins. I worry about people that say they won't need money because they have guns and ammo. Does that mean you are simply waiting for a breakdown of society to become a gun wielding robber? You are going to aim your rifle at me and steal my food and seeds and tools while my wife and children look on? You would take our lives simply for protecting the things we need to survive, those things we earned through honest work? I have guns and ammo because I know that people that like exist. But I also have coin because I believe most people are not like that, and we will strive to rebuild society. And remain human. |
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Pillar of the Community
United States
1840 Posts |
I would suggest dimes. Since they won't have much use, you can load them in 12 gauge shotgun shells.
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Pillar of the Community
United States
526 Posts |
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I would suggest dimes. Since they won't have much use, you can load them in 12 gauge shotgun shells.
That would be a quick way to blow your stash :) In all likely hood, we will have a financial collapse where our fiat dollar is worthless, very similar to what Greece is going through. The end of the world/mad max will not happen, Hyper-Inflation will if we contine down the path we are currently on. Israel will take care of Iran, if that happens the Straight of Hormoz will probably be closed and will drive oil higher. Once oil goes higher EVERYTHING in the world will have to follow suit and by Everything, I do mean EVERYTHING! That is where PM's come in and if that does happen, PM's will go through the roof. |
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Replies: 25 / Views: 3,884 |
First Page
Posted 04/01/2012 7:50 pm
