This is a discussion on Staying away from Precious Metals for SHTF within the Economic, Precious Metals, Investing, Finance forums, part of the General Discussion category; Originally Posted by ND_ponyexpress_ you can't eat guns or bullets either.... forget stocking up on those... "People are shooting each other in the streets over ...
but man should not prep to live on bullets alone...that's why I have a fishing pole too. But the point was...precious metals are only valuable as long as they are considered "Precious"...so prep accordingly.
wow... I give up.. you obviously didn't a)read the article b)read my full quote, or c) comprehend either.. the article said to not stock up on anything you can't eat... I was pointing out the hypocrisy in the article by them ignoring the fact that bad guys stocked ammo too......
-IN OMNIA PARATUS
the only metals id be interested in stocking up on.is copper and lead.on account they can be made into bullets..as far as the other metals go.id only stock up on them,if i could afford them,even then.id limit to how much id get of each one.and the reason of that,is like others have said.food,water,guns n ammo,first aid supplies,and other items is what will keep me alive.and i wont trade any of those items for a metal that i have no need for.
Didn't the reports from Bosnia during their SHTF period note a lot of value in pm? Also the blog about the 1999 collapse in Argentina suggested there was some value. As I recall people in Greece during recent events often bartered in metals. It always seems that those with out metals dismiss their value and those with them have belief in them. To each is own.
I would say this. I was really put back by the attitude of having bullets to take from other people by force what is not yours. I hope such scum run into a head shot as that's the only bullet they deserve.
I have always been told that whenever you are in doubt do half. The idea of storing copper and lead makes sense, but so does storing silver and gold. Half of each would put you in a strong position regardless. I understand that you feel that silver and gold are not the best metals to store and food, guns, ammo will undoubtedly be the best items to barter with. But silver and gold are still strong commodities available in limited quantities - they will carry a lot of value in all scenarios. Trust me, the people who aren't prepared and need to "purchase" food,water,weapons, etc. will be willing to pay whatever it takes to obtain them and by letting some of your items go at extreme prices puts you in a great position of wealth once the world gets back on its feet again.
The law of doing half - has always worked for me.
Some seem to think shtf will be short term.
Maybe, maybe not.
The great depression lasted 10 tears.