Precious metals when the SHTF

[Zundfolge]

Down side is , who determines the set value of gold, silver, platinum ? Your 25oz of gold could be devalued to zero, or inflated beyond reason.

Gold, silver and platinum have never been worth zero. Thing is your paper money, stocks, bonds, etc have no intrinsic value in and of themselves where as precious metals will always have some value. It's all a gamble but your odds are better with precious metals than with paper.

Anyway, my point is that whenever people bring up investing in precious metals in case of TEOTWAWKI or SHTF there's always a chorus of people saying you can't eat gold or during a crisis nobody is going to give you a loaf of bread for your gold/silver and I'm just saying that's not the reason for investing in precious metals.

If you're really worried about everything going to shit, stock pile food, water, ammo and other supplies to survive DURING the crisis ... invest in precious metals to thrive AFTER the crisis.

[BushMasterBoy]

[Limited GM]

Better stock up on tampons. Nothing's as bad as your leaking harem leading zombies to the house.

[hobowh]

Better stock up on tampons. Nothing's as bad as your leaking harem leading zombies to the house.

Better get an assortment of pads to...

[Great-Kazoo]

I cannot engage an object out to 400 let along 25yds with gold or silver, successfully. Planning financially has merit as do food, water and firearm planning. How you prioritize is up to you.

[sellersm]

I cannot engage an object out to 400 let along 25yds with gold or silver, successfully.

What? You don't have a precious metals wrist rocket? <insert smiley of your choice>


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[Great-Kazoo]

What? You don't have a precious metals wrist rocket? <insert smiley of your choice>


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I do, but to date it has been successful with copper plated only.