But then again 3 or 5 or 100 years from now everyone might own a pocket x-ray scanner to verify the silver content of generic rounds.
Posted 05/28/2015 09:39 am
In the event of the Apocalypse, the most valuable commodities will be food, water and ammunition. I just don't see precious metals making the cut in such a scenario. People need to eat and they likely won't be willing to trade what they value for pieces of metal.
That said, I do think precious metals (and other commodities) are a good hedge against a significant devaluation of fiat currency. An alternative that you might consider is buying gold bars in assay packaging like the ones pictured below.
It would take a pretty sophisticated operation to fake the bar and all the packaging. As a bonus, the bars are serial numbered. If they ever get stolen, you can give the serial numbers to the police. There's a decent chance they would get caught at a pawn shop.
That said, I do think precious metals (and other commodities) are a good hedge against a significant devaluation of fiat currency. An alternative that you might consider is buying gold bars in assay packaging like the ones pictured below.
It would take a pretty sophisticated operation to fake the bar and all the packaging. As a bonus, the bars are serial numbered. If they ever get stolen, you can give the serial numbers to the police. There's a decent chance they would get caught at a pawn shop.
