they say to prep, buy silver and gold, but, how many oz of each- is a good amount that will be needed?

Pay attention to what Trump is not saying. Gold is "low" right now.

$15/hr will cause inflation to go up, and gold will hedge against that.
Also, the market for stocks sucks.

Why pay $2 for one share, when you could get 2 shares for $1 like under Obammy.

Should you have precious metals as a means for buying goods when the SHTF?

Through human history, gold and silver were valuable. They were used for getting goods in all times, including hardest times like wars and similar.

Having precious metal for SHTF is big in the prepping community but I need to point out some things.

The value of gold went down during SHTF so much that you need to think about it very hard.

For example, in normal times (I am using these numbers as an example) you could buy with one gold ring 300 small cans of meat. When SHTF you could buy 20, and you could buy 20 if you could find a man who wanted to take that ring from you.

He did not usually want to take it because he could take stuff that he could immediately use, like weapons, drugs, or medicines.

He simply could not do anything immediately useful with it.

Having precious metals is a great idea for later, when some kind of system jumps in, because they are gonna be again precious.

Right in the middle of SHTF, the value of it is poor.

That is one of the reasons why some local warlords came out as very powerful people after everything. They simply took precious metal from folks for a “can of the soup“ value (or sometimes for nothing) and they had enough power to store that metal for the time when it would be valuable again.

Do not throw everything into precious metals. Store immediately useful things.

[link to web.archive.org (secure)]

You can also buy rolls of US dollar coins or quarters for face value. In event of an economic SHTF, coinage is backed by the U.S. Treasury whereas paper money is backed by nothing but "market value". Hyperinflation results in it being worth the paper it's printed on. Coins are backed by full faith and credit of US govt.

[link to www.youtube.com (secure)]



this guy says in gold at least a MINIMUM OF TEN OZ!!

and in silver, at least a MINIMUM OF 1,000 OZ!! AND HE SAYS, THAT IS THE BARE AMOUNT!!

You agree?

:gold:

"They" were saying silver would be $3000/ounce on here by 2012.

Its worth less now than it was in 2007/08

IMO, you cannot eat gold or silver. It would be better for bartering to have liquor, soap, toiletries, ammo, and medicines, and even extra canned foods to barter with.Look at Venezuela.The people are starving, need medicine, basic sanitary supplies, etc. Gold and silver is basically worthless there, but if you have a big stockpile of neccessities, you have some great bargaining power.

In a shtf situation where you had to fill a backpack and run and there was NO going back...

If I had a stack of freeze dried food and a stack of gold bars....it would be the food that went into the pack.

Gold is only worth something IF there is a currency system and NO starvation looming.


All them fuckheads who stocked up on gold are going to starve to death....next to a pile.of gold.


Idiots.

if the price goes parabolic, it shouldn't be to hard to trade for food, gas, water...

"They" were saying silver would be $3000/ounce on here by 2012.

Its worth less now than it was in 2007/08

----------

It's not about making money...it's not an "investment".

PM's are used to save your wealth.

The idea is...if there is ever hyperinflation and it takes 50,000 dollars to buy a cheeseburger...you gold and silver will still be able to buy what they used to buy.

So that one ounce of silver would still get you 4 big macs...even though a big mac is now 100 grand.

Think that's impossible??? Look at venezuella. (or zimbabwe, or argentina, or the weimar republic...)

Do yourself a favor and buy a bicycle, tools and spare parts before you buy the metals.

"They" were saying silver would be $3000/ounce on here by 2012.

Its worth less now than it was in 2007/08

----------

It's not about making money...it's not an "investment".

PM's are used to save your wealth.

The idea is...if there is ever hyperinflation and it takes 50,000 dollars to buy a cheeseburger...you gold and silver will still be able to buy what they used to buy.

So that one ounce of silver would still get you 4 big macs...even though a big mac is now 100 grand.

Think that's impossible??? Look at venezuella. (or zimbabwe, or argentina, or the weimar republic...)

What about steel, aluminum, copper, and lead?

Fuck silver unless you need a new tea set or silverware.

Buy gold and buy as much as you understand;)

Yeah...If TS ever HTF...give that a try.... you'll be still hungry and holding your little pieces of shiny metal while I'm trading a freshly shot buck for a month's worth of water.
....but, whatever floats your boat...perhaps you can trade and eat an iphone8 or something.