Sell silver to buy preps/food?
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Sell silver to buy preps/food?

This is a discussion on Sell silver to buy preps/food? within the General Prepper and Survival Talk forums, part of the Survivalist, Prepper, Bushcrafter, Forest Rangers category; First post here on the site. I have a good amount of food for my family. However, it was originally for a three person family. ...

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  • 1 Post By GrumpyBiker

Thread: Sell silver to buy preps/food?

  1. #1
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    Sell silver to buy preps/food?

    First post here on the site. I have a good amount of food for my family. However, it was originally for a three person family. We've since had a son (2 years) and my mother in law will be moving in to our basement apartment next month.

    I have 60 silver rounds that I'd let go in order to continue to add to my food supply and other items.

    Rather than spending fiat, we would probably be in a better position to sell silver to fund our prep items/needs/supplies as we are about to close on our house and may be tight on cash. I don't necessarily want to wait for some rocket moon shot for silver to get back over $20. I'm willing to cut my loss and have food.

    Am I missing something in thoughts? Would anyone NOT do this (and why)?

  2. #2
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    Welcome

  3. #3
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    Welcome to the forum!

    I'd personally keep the silver and work on gradually bringing the food stores up to a 5 mouth level over time.
    You can't eat silver, but it's still good preps.

    Feel free to visit the new member introductions area and tell us a little about yourself
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  5. #4
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    I wouldn't sell it, silver & other precious metals are an investment.
    Ask yourself why you bought it in the first place and what has caused you to feel that now more than ever is the time to dump it.
    Realisticly people have felt there was imminent trouble close at hand for decades.... We're still here trudging off to work everyday.
    Also silver will last forever in your safe while food is perishable.
    Steady, intelligent & rational decisions win the game.



    "if you can keep your head when all about you are losing theirs...."
    - Rudyard Kipling
    Last edited by GrumpyBiker; 01-12-2016 at 02:20 PM.
    Slippy likes this.
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  6. #5
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    What GB said.

    Quote Originally Posted by GrumpyBiker View Post
    I wouldn't sell it, silver & other precious metals are an investment.
    Ask yourself why you bought it in the first place and what has caused you to feel that now more than ever is the time to dump it.
    Realisticly people have felt there was imminent trouble close at hand for decades.... We're still here trudging off to work everyday.
    Also silver will last forever in your safe while food is perishable.
    Steady, intelligent & rational decisions win the game.



    "if you can keep your head when all about you are losing theirs...."
    - Rudyard Kipling

  7. #6
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    Thank you up to this point for the replies. Makes sense and I have thought the same thing prior.

  8. #7
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    60 1oz silver rounds isn't enough silver at 14.00 spot to even worry selling unless your flat broke.

    That's my opinion.

  9. #8
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    Keep it.
    I will choose to enjoy the journey that God has prepared for me. Hidden Content

  10. #9
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    there will come a day when paper money is worthless

 

 

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