Small question -

[MountainGirl]

The reason to stockpile hard in your hand silver/gold -- is NOT to be able to carve off a bit to trade for bread, but to have an asset for later, when/if there's a monetary system again, whether it's in rubles or yen or whatever, you can trade it for some currency and then buy some bread at that point.

Is that right? Have I got the gist of it?
I so need schooling on this.

Radio ad: Buy gold! We'll even send you a gold coin with your certificate of ownership! (Ownership of what? The rest of it? What??)

Radio ad: Transfer your 401k into gold backed IRA's! (WTF? If it all crashes - if something isn't already in my hand, I'll never see it.)

I guess I just don't understand how this whole 'buy gold/silver' thing works... and radio ads are increasing exponentially.

Reading your threads helps. Thanks all, for that.

[SOCOM42]

For whatever you buy silver or gold for, make sure it is in hand, have the gold tested for purity,

any jeweler can do it, they do it with acid or radiation.

Never mind the certificates for gold, SHTF, they will make poor TP.

A friend who passed now going on 15 years, had 100 Krugerrands in one safe.

When I opened the safe in front of family, they were gone.

There was some passing thought comment that I had taken them, WRONG.

The comment came out because I had set the combo on the safe for him,

my comment was that I did not remember what I set five years ago.

They had to give me the combo to open it, I would never have done that to a good friend.

Nothing more was said about it, was an inside job, it was never reported to the police either.

I bring this up because gold and silver traders have no scruples, and, as I said, toilet paper.

[BucketBack]

Lead, Brass, Copper, Silver, then Gold. I'm on all 5 now.

[shootbrownelk]

I've been thinking about "junk" silver coins. What do you do with a bar of Silver or Gold? Trade it for a loaf of bread?

[BucketBack]

Silver Eagles are sure purdy. I traded my junk silver for my first AR in 2013 after Sandy Hook. It was all downhill after that

[Prepared One]

My thoughts on gold and silver is that it's a hedge against inflation and will allow you to get back in the game when or if an economy comes back from a collapse During and/or after a collapse I would think barter would be king.

[Dwight55]

The reason to stockpile hard in your hand silver/gold -- is NOT to be able to carve off a bit to trade for bread, but to have an asset for later, when/if there's a monetary system again, whether it's in rubles or yen or whatever, you can trade it for some currency and then buy some bread at that point.

Is that right? Have I got the gist of it?
I so need schooling on this.

Radio ad: Buy gold! We'll even send you a gold coin with your certificate of ownership! (Ownership of what? The rest of it? What??)

Radio ad: Transfer your 401k into gold backed IRA's! (WTF? If it all crashes - if something isn't already in my hand, I'll never see it.)

I guess I just don't understand how this whole 'buy gold/silver' thing works... and radio ads are increasing exponentially.

Reading your threads helps. Thanks all, for that.

The answer to your question is the old line . . . "Want the answer? Follow the money trail."

The whole thing is one kind of scam or another . . . vanilla, chocolate, strawberry ice cream tastes different . . . but it is still ice cream. These scams are like that . . . different speech . . . different spiel . . . same thing though: to get your money.

Anyone buying gold / silver for any other idea than to sell it down the road for a profit . . . is wasting their resources.

Want something good for the SHTF coming up??? Buy guns . . . ammo . . . primers . . . bullets . . . reloading equipment . . . and long term storage food.

Any of those will trade easily and handily during the SHTF . . .

Besides that . . . when it does happen and you walk up unarmed with a pocket full of gold pieces . . . to buy a gun . . . from someone you don't know . . . what's to stop him from walking away from you with his gun, your gold . . . and you bleeding like the devil??

And as well . . . if SHTF does occur . . . if and when stuff settles down . . . you can sell some of the guns you acquired . . . for a real value . . . instead of $1 an oz for your gold . . . when HE has the stuff you need . . . and all you have is some shiny little coins. They can't bake, shoot, boil, fish, fry, drive . . . just pretty pieces of metal . . . worth only what the other guy wants to give you for it.

You will have a seller's market with the other things I mentioned.

Think about it.

May God bless,
Dwight

[SOCOM42]

The answer to your question is the old line . . . "Want the answer? Follow the money trail."

The whole thing is one kind of scam or another . . . vanilla, chocolate, strawberry ice cream tastes different . . . but it is still ice cream. These scams are like that . . . different speech . . . different spiel . . . same thing though: to get your money.

Anyone buying gold / silver for any other idea than to sell it down the road for a profit . . . is wasting their resources.

Want something good for the SHTF coming up??? Buy guns . . . ammo . . . primers . . . bullets . . . reloading equipment . . . and long term storage food.

Any of those will trade easily and handily during the SHTF . . .

Besides that . . . when it does happen and you walk up unarmed with a pocket full of gold pieces . . . to buy a gun . . . from someone you don't know . . . what's to stop him from walking away from you with his gun, your gold . . . and you bleeding like the devil??

And as well . . . if SHTF does occur . . . if and when stuff settles down . . . you can sell some of the guns you acquired . . . for a real value . . . instead of $1 an oz for your gold . . . when HE has the stuff you need . . . and all you have is some shiny little coins. They can't bake, shoot, boil, fish, fry, drive . . . just pretty pieces of metal . . . worth only what the other guy wants to give you for it.

You will have a seller's market with the other things I mentioned.

Think about it.

May God bless,
Dwight

WELL SAID!

[SOCOM42]

For whatever you buy silver or gold for, make sure it is in hand, have the gold tested for purity,

any jeweler can do it, they do it with acid or radiation.

Never mind the certificates for gold, SHTF, they will make poor TP.

A friend who passed now going on 15 years, had 100 Krugerrands in one safe.

When I opened the safe in front of family, they were gone.

There was some passing thought comment that I had taken them, WRONG.

The comment came out because I had set the combo on the safe for him,

my comment was that I did not remember what I set five years ago.

They had to give me the combo to open it, I would never have done that to a good friend.

Nothing more was said about it, was an inside job, it was never reported to the police either.

I bring this up because gold and silver traders have no scruples, and, as I said, toilet paper.

To add to this, there was a secret panel, in the home, behind which was about 25 pounds of junk silver coins of all sorts.

They were taken in at the cash registers of the business he owned, pulled them out of the hide for the wife.

Never knew what happened to them either, she died two months after he did from a heart attack.

[Piratesailor]

Junk silver is a good way to go.

Gold is a manipulated market so personally i stay away from it.