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Please advise for SHTF scenario

This is a discussion on Please advise for SHTF scenario within the Economic, Precious Metals, Investing, Finance forums, part of the General Discussion category; Originally Posted by rice paddy daddy Just like anything else, silver coins are only worth what someone will pay you for them. Just because you ...

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Thread: Please advise for SHTF scenario

  1. #11
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    Quote Originally Posted by rice paddy daddy View Post
    Just like anything else, silver coins are only worth what someone will pay you for them.
    Just because you bought a silver quarter for $3, does not automatically mean that is what it is "worth".

    These two sentences are exceedingly contradictory. If you paid $3.00 for a silver quarter, you have just proved it is worth 3 bucks.
    I went to a gun show and all I got was a lousy loophole. Hidden Content

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  2. #12
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    Quote Originally Posted by Back Pack Hack View Post
    These two sentences are exceedingly contradictory. If you paid $3.00 for a silver quarter, you have just proved it is worth 3 bucks.
    No actually it means it was worth three bucks because he suggested you paid three bucks for it; what its worth then and any time after you bought it is what someone else will pay for it.
    rice paddy daddy likes this.

  3. #13
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    Skills

    Can you create electricity?

    Can you transport goods?

    Can you build, make or create something of value?

    Can you fix something that is broken or heal someone who is injured / sick?

    Can you grow food beyond what you need to barter with others?

    Can you purify water for drinking?
    Prepared One likes this.

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  5. #14
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    If you want to stock up on barter items, booze and cancer sticks. Can't go wrong with either of those. 'Nuff said.
    6811 likes this.
    I went to a gun show and all I got was a lousy loophole. Hidden Content

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  6. #15
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    It depends on what the new economy deems to be the basis of it's new currency. If gold and silver are the basis for the new currency, then any precious metals would theoretically be good, junk coins or bullion. If it ends up being jewels, then PMs will not help. If it is bottle caps, or old world money, then you would need to have those instead.

    As mentioned previously, some things that will retain their value no matter what the currency is are skills. People will always need homes, and need to build new things to fill their needs. People will always need food grown. People will always need illnesses cured and wounds healed.
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  7. #16
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    If SHTF to the point it gets that bad. Food will be second only to fire power in what will have value. Been in a few places where it has gone to shit. People need to eat and when the system falls a part so does the food supply.
    New life as a house husband, major shift in duties.

    Karl Marx said, "Destroy their culture, rewrite their history. Ruin their art and literature, and defame their heroes, by offering fabrications to scandalize that which they considered good.
    After reading this Obama said I am on it.

  8. #17
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    I love all these hypothetical questions so I'll pose one of my own.

    Jack is a prepper and he's out with his friends. He spots Jill across the room and buys her a drink. During the conversation she lets him know she is really interested in him. Later in the evening he finds out she's a snowflake.

    Does Jack still take her home or not?
    Targetshooter likes this.

  9. #18
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    Quote Originally Posted by inceptor View Post
    I love all these hypothetical questions so I'll pose one of my own.

    Jack is a prepper and he's out with his friends. He spots Jill across the room and buys her a drink. During the conversation she lets him know she is really interested in him. Later in the evening he finds out she's a snowflake.

    Does Jack still take her home or not?
    Are you insinuating we should stick it to liberals?
    I will choose to enjoy the journey that God has prepared for me. Hidden Content

  10. #19
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    Quote Originally Posted by Back Pack Hack View Post
    These two sentences are exceedingly contradictory. If you paid $3.00 for a silver quarter, you have just proved it is worth 3 bucks.
    No, it is only worth $3 to the person who paid that amount.


    When SHTF, I'll sell you a can of beans for an ounce of gold. Which is worth more if you are starving - a can of beans, or a lump of inedible metal?
    MaterielGeneral likes this.
    "There is nothing so exhilarating as to be shot at without result." Winston Churchill
    "Leave the artillerymen alone, they are an obstinate lot." Napoleon
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  11. #20
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    Invest in being self sufficient, with plenty of weapons and weapons training.. There will be some evil people looking at taking anything, and generally it will be groups/gangs..
    TG, Prepared One and Targetshooter like this.

 

 
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