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Thread: SHTF Silver

  1. #11
    Carries A Danged Big Stick buffalobo's Avatar
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    Quote Originally Posted by Grant H. View Post
    Junk silver and small, marked (quality/weight) bullion for SHTF bartering.

    ASE or larger bullion for wealth preservation across a currency change during SHTF type scenario.

    As for ASE boxes, if they aren't anything special, just the "I bought 1 at a time" box and whatever, don't worry about it. If it's grading or collectors stuff, leave them as is.

    As for junk silver, it's less common, but check your change when you pay with cash. Anything pre-64 is worth a hell of a lot more than the face value. I ate out a few weeks ago, and got a pre 64 quarter and dime back. Basically paid for me to have my meal.
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  2. #12
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    I go with small denomination silver bars/rounds 1, 5, 10 ounces. It's good for SHTF but also retirement investment or something to bequeath children that government can't track well and tax.

  3. #13
    Machine Gunner muddywings's Avatar
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    Default SHTF Silver

    Quote Originally Posted by ray1970 View Post
    I suppose it depends on ones definition of SHTF.

    In my world, in a SHTF situation, I’d rather have commodities like ammunition or spare firearms to barter with. Until the S un-H’s the F I don’t know what anyone would do with silver anyways.
    Ditto
    But I’m not selling what was passed down so I’m keeping it in its basic form (might slim down some items but keeping it silver for silver)


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    Machine Gunner muddywings's Avatar
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    Quote Originally Posted by KevDen2005 View Post
    I go with small denomination silver bars/rounds 1, 5, 10 ounces. It's good for SHTF but also retirement investment or something to bequeath children that government can't track well and tax.
    Agree. No big ingots. Everything is in 1 oz form. But the ASEs vs rounds still makes me scratch my head. Or even higher value ASE. I don’t see a need for them beyond wealth management.


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    I use my 20 oz ASE rolls for weight training to keep from getting fatigued during 12 oz curl beer sessions.

    Come shit hit the fan we can prepare and plan all we want, no one knows how it will play out. Diversity in barter items offers the best chances. Small rifle primers for a couple silver coins sounds reasonable. a gallon of drinkable water could be too.
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    Machine Gunner muddywings's Avatar
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    My paychecks go to lead brass powder and primers...oh and TP and sawyer water filters, always good have!


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    Quote Originally Posted by DFBrews View Post
    I use my 20 oz ASE rolls for weight training to keep from getting fatigued during 12 oz curl beer sessions.

    Come shit hit the fan we can prepare and plan all we want, no one knows how it will play out. Diversity in barter items offers the best chances. Small rifle primers for a couple silver coins sounds reasonable. a gallon of drinkable water could be too.
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  8. #18
    Splays for the Bidet CS1983's Avatar
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    The idea behind barter items is sound, until your barter partner has no need or want of what you have = enter gold or silver. Mankind is fairly consistent in his historical use of a fungible proxy (read: money), and once one gets over the mental hurdle of junk silver being a coin, and having not coin value but value as to what it holds (precious metal), the idea of it makes perfect sense. This is why the "Federal" Reserve has pushed to simply have it be a fiat currency rather than actually contain precious metal, and that socialist rat Roosevelt/EO 6102 came to pass. "Money" made from the same material which is strung along every roadside instantly devalues the money as a fungible proxy in a non-standard economic situation.

    I'm not sure how ingots satisfy the idea of wealth preservation any more than that same amount of silver or gold in smaller, more manageable quantities. It is like one saying it's better to have an artillery round instead of cases of 5.56; it supposes one can find someone with a howitzer or other use for the round vs the manageable trade value of carbine rounds in quantities of say... 10.

    Since the initial stages of a SHTF/bartering/silver/gold situation would see high demand and low supply, an ingot or high quantity of silver would be like having a $1000 bill at a yard sale with no ability for the seller to make change. It's so valuable it becomes worthless in a practical sense.

    And one can never fully prepare. There is always something they forgot or didn't know they'd need or didn't have enough of. Is one really going to trade a silver ingot for an asthma inhaler or a set of extra prescription glasses, or whatever...?

    There's also the fact that not engaging in the barter/buy market tips ones hand as being full of goods everyone else wants. So in this sense, engaging in the market is a hedge against tipping ones hand to the market as being fully supplied. This also brings up a point I've often thought about -- appearing to maintain weight or even gain it while everyone else is losing weight. Say you have 3 years worth of food... DO NOT EAT LIKE YOU HAVE 3 YEARS WORTH OF FOOD. As such, fasting to engage in a psyop is probably advisable until most are dead or too weak to put 2 and 2 together. Don't starve yourself, but definitely think about the image you present in a situation.

    Another good item: cheap vodka or whiskey. Lasts indefinitely and has multiple uses (medical, trade, keeping the local alkie from getting DTs, etc.)

    There are tons of "what if" scenarios. Frankly, that what if might be, "what if I just die within the first few minutes; what do I do when I do, whenever that is?" On that note, the best disaster/SHTF preparation is a solid spiritual life.

    No one escapes death. So that is the best thing to be prepared for, as it's much more inevitable than James Wesley, Rawles deepest, darkest nightmares. It's more inevitable than malaria in Conrad's darkest Africa or being raped in Lawrence's Arabia. No man escapes it.
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    I've got enough other metals to worry about moving in a SHTF situation. To me, silver is a good speculative investment to make money with. Just wish the wife would get on board the idea too.
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  10. #20
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    Quote Originally Posted by muddywings View Post
    Agree. No big ingots. Everything is in 1 oz form. But the ASEs vs rounds still makes me scratch my head. Or even higher value ASE. I don’t see a need for them beyond wealth management.


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    I do think ASE have their place and I have a few rolls, but I think silver at the lowest cost possible is your best bet for retirement investment or having a savings account you can't just tap into. I personally like having an investment that isn't followed by big brother. If I need the money in an absolute crappy situation I can take my silver to a lot of places and get paid out for it, again why I like small denominations so I only sell what I need to and again not tracked. I have never done this and wouldn't do this unless I had absolutely no other choice.

    As far as SHTF, anything is possible. CavScout's response hits a lot of the points I also believe in. Barter is gonna be a big thing in those situations with the things people have done for 1000's or millions of years. Whiskey and such is also a good barter item as he pointed out.

    I try to keep a broad spectrum of preparation for anything since no one knows. I think retirement planning should be a the top of the list.

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