Yes, the search feature is there...but sometime fresh discussion is nice for fresh members (speaking for myself). Those of you that have talked it over a hundred times can ignore, or share...your choice. In the back of my mind have also wondered....gold and silver? why? Same reason for thinking this..."that's a freaking vanity item of man's making...value that's only perceived" Well...thanks, prepping/forum veterans, for explaining it yet again.
I think this phrase answers a lot for me; thanks.
So for people that have money and don't need more preps, precious metals is a way to preserve the excess wealth I have because I believe an economic collapse is imminent and I don't want to get caught with paper money that is worthless.
Gold and silver is for senior preppers, not freshmen or even sophomores. I have sooooo many other items to focus on first (immediate life preservation items), but I've already made great headway since I started last Nov. This makes me realize that in "20 years" (hopefully sooner...) you get to a point that you can think about wealth preservation. Gotta have wealth first.
I have a few silver coins from my old (small) coin collection. I put them in a special box with my preps. I felt so stupid. It makes more sense now...
I have also thought about getting the small money we do have saved out of electronic savings (banks) and into a (small) wad of cash at home. This thread make me think beyond that first step of banking collapse, but the next step of dollar de-value. Huh? duh...
The other thought is saving "cash" is more likely to get spent when you have a weak and comfortable moment and you really want to buy something particular. Having gold/silver makes it much, much harder to spend it frivolously (as some of us may do from time to time).
Thanks for the new (old) thread, and the wise advice.