2aHawaii

General Topics => Preparedness and Survival => Topic started by: Inspector on September 24, 2012, 07:53:09 PM

Title: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Inspector on September 24, 2012, 07:53:09 PM
So I have been working nights lately. I work from 8pm to 4am and sometimes a little later. There is some down time when I am finished with all my work but I have to wait for the evenings results and I have to wait for all the traffic cones to get picked up. So far I have been doing 3 things. I play games on my iPhone, I read gun magazines and I listen to the radio. Mostly I listen to reggae but the stations usually play the same songs over and over and over again. So I have been turning on talk radio. I don't know if any of you have listened to LATE NIGHT and EARLY MORNING talk radio but it is much different than your standard conservative talk radio. The night brings out the weird and strange people and their thoughts. But one night there was a guy who was a serious prepper. He was not a local guy. But he has some theories that really made sense to me as they sounded well thought out. One of his thoughts concerned different levels of SHTF scenarios. For instance if the electricity went out for a few days to a week or two. The government would probably still have control and therefore money would still have some value as the situation would be corrected in a few days/weeks. But gold and silver would probably be of greater value as time without electricity goes on. But he also talked about the meltdown of society where the government loses control and it becomes an every man for himself scenario. In this case he was very adamant that gold and silver (like government issued money) would have little to no value. This is because if people feel there will be no civilization (meaning government and banks) for an extended period of time then things of value will be food, water and such. And gold and silver will be worthless trading items as people won't be trading for these metals. His thoughts were besides food water and drugs/medical/medicines that the best trading items will be alcohol, firearms and mostly ammunition. He was very serious about breaking up your boxes of ammo into smaller quantities such as 1, 2 , 3 or 5 rounds per bag/box. The longer things continue the higher value that ammo will have.

Just curious as to what others here think and feel about the value of gold and silver in a complete meltdown situation and what items do you think will be the best trading items?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Kingkeoni on September 24, 2012, 07:59:29 PM
Gasoline, water and ammo
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: macsak on September 24, 2012, 08:10:40 PM
what KK said, and babes, booze, and bandages

Gasoline, water and ammo
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: GreenStomper on September 24, 2012, 08:26:23 PM
If you can't eat it, provide shelter, or protect your family with it....what are you prepping for?  Federally made money is already going down in value. Pretty soon it won't be worth the paper it's printed on. Society has determined the price for gold and silver. Right now it's a luxury and status symbol. When it all hits the fan, he who has survival skills and supplies will be the wealthy one. That's all I have to say about that.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: bass monkey on September 24, 2012, 08:45:54 PM
Guns, ammo, medical, and water
I wouldn't be interested in gold or silver right away. If it was long term, then if I knew it was almost over I would trade for silver and gold.
Title: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Jl808 on September 24, 2012, 08:51:34 PM
Did you ever read Selco's account when  SHTF in Bosnia?  Interesting read. Maybe it was posted here before.

http://www.tacticalintelligence.net/blog/shtf-survival-qa-a-first-hand-account.htm

Anyway, from his account, gold and silver wasn't worth much except when getting something from someone in the outside world where "civilization" was still intact.

But when law and order is not there for extended periods, commodities were worth more.







Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on September 25, 2012, 12:15:25 PM
Gold & silver will be more valuable than the pieces of colored paper in your wallet!

Ammo (and booze) definitely regardless of the length of SHTF or WROL.  Gold & silver will have value if the scenario is for an extended time and bartering becomes more organized.

Ammo will be invaluable in a complete meltdown situation such as EMP or fiat crash.  Most people are not prepared and only have (at most) a few days supply of food & water.  What happens when that supply runs out?

Water will be a very important commodity and we are surrounded by it, albeit salt water.  I have been seriously considering buying a desalination unit (runs off of 12 volts DC - perfect for my little solar system), but it is a few thousand denaros.  I have purchased water filters and a water sterilizer (Steripen) so any source becomes potable.

Off topic:  Anyone read "One Second After"?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Heavies on September 25, 2012, 01:37:46 PM
I would also stock up on tobacco and firestarting devices/lighters matches.  A while back someone posted an artical on a guy that lived through bosnia or one of those places.  It was a very interesting look at what will happen if civilization breaks down.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Heavies on September 25, 2012, 01:44:02 PM
Ah yes!  http://2ahawaii.com/index.php?topic=2197.msg18383#msg18383 (http://2ahawaii.com/index.php?topic=2197.msg18383#msg18383)
 
 
From the linked article...
Quote

...believe besides ammo food hygiene and energy things (batteries etc.) you need to focus on small things for trade, pocket knives, lighters, flints.
Also LOT of alcohol, kind that can stay long, i mean stuff like whiskey and that, does not important what kind, you can have cheapest kind, it is very good thing for trade in desperate time.
Also lack of hygiene things killed a lot of people, i ve seen that.
You gonna need to have some simple things, like for example lot of garbage bags, i mean a lot, many uses for that, and a LOT of duct tape, many many uses for that.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: ren on September 25, 2012, 02:01:44 PM
When the world goes to carp when precious metals aren't valued in relation to basic survival items, I wouldn't want to live in that world. I want my fast food drive thrus, my TV, internet and A/C.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Kingkeoni on September 25, 2012, 04:08:26 PM
When the world goes to carp when precious metals aren't valued in relation to basic survival items, I wouldn't want to live in that world. I want my fast food drive thrus, my TV, internet and A/C.

Don't worry, people that rely on McDonald's to feed their families won't live long when the SHTF.

You'll get your wish.  :thumbsup:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: BUD on September 26, 2012, 02:50:02 PM
in full meltdown stuff will only be worth what someone wants to give you for it.....basic necessities for basic necessities of several basic necessities for one luxury.  gold and silver do not seem like necessities......unless you can melt them down and make bullets.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: TeamSDSHawaii on September 28, 2012, 01:02:21 AM
Why is it that the gold sellers tell me so hard that US dollar is worthless and gold is the way to go...

But yet they have no problem taking my US dollars to buy gold from them?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: ds baruuuuu on October 09, 2012, 12:44:50 PM
Water, ammo and bacon!! everyone loves bacon :)
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Funtimes on October 13, 2012, 08:12:52 PM
Your gold is worthless... wtf you gonna do carry it?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Funtimes on October 13, 2012, 08:13:19 PM
water, food, survival supplies, protective devices.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: BUD on October 13, 2012, 08:52:48 PM
mmmmmmmmm.....bacon
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Kingkeoni on October 13, 2012, 09:01:56 PM
protective devices.

Condoms?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Inspector on October 14, 2012, 06:19:11 AM
Condoms?
The condoms protect your gun!  :rofl:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Kingkeoni on October 14, 2012, 08:30:40 AM
Condoms?

The condoms protect your gun!  :rofl:

From impregnating other guns?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Inspector on October 14, 2012, 09:58:26 AM
From impregnating other guns?
No, they keep your gun from getting gun disease!
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: duchi on October 18, 2012, 11:53:52 AM
Gold & silver will be more valuable than the pieces of colored paper in your wallet!

Ammo (and booze) definitely regardless of the length of SHTF or WROL.  Gold & silver will have value if the scenario is for an extended time and bartering becomes more organized.

Ammo will be invaluable in a complete meltdown situation such as EMP or fiat crash.  Most people are not prepared and only have (at most) a few days supply of food & water.  What happens when that supply runs out?

Water will be a very important commodity and we are surrounded by it, albeit salt water.  I have been seriously considering buying a desalination unit (runs off of 12 volts DC - perfect for my little solar system), but it is a few thousand denaros.  I have purchased water filters and a water sterilizer (Steripen) so any source becomes potable.

Off topic:  Anyone read "One Second After"?
i've read OSA... brutal.  excellent read and highly recommended.  the other is Patriots... extreme, but not impossible imho based on our current set elected officials.
with regards to au and ag... start stacking... things aren't getting more expensive; your dollars are just worth less and on their way to worthless.
pm's won't be valuable immediately following shtf, but a huge transfer of wealth will eventually occur and paper and electronic money ain't gonna be part of it... neither will your house.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: RangerBernie on October 27, 2012, 09:10:13 PM
When the world goes to carp when precious metals aren't valued in relation to basic survival items, I wouldn't want to live in that world. I want my fast food drive thrus, my TV, internet and A/C.

I must agree with KK. After your McDonald's has been out of commission for awhile, I will take good care of your personal items after you are gone . . .
Seriously, gold is heavy and difficult to carry. You need small items for barter, and the best prep: make friends with other preppers. All of us are stronger than any one of us.
I can trade: my soldier and medical skills are worth much more than gold.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: rswarrior1700 on October 27, 2012, 09:46:36 PM
Necessities and perishables are the main ones for SHTF

Gold is good for POST SHTF when some form of economy or law and order starts to start up again
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: TeamSDSHawaii on October 28, 2012, 01:11:18 AM
From impregnating other guns?


Shhhh..... Told the wifey my .45 bred my .9mm and thats how I got my .22....
Title: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: TeamMidori on October 28, 2012, 06:58:47 AM

Off topic:  Anyone read "One Second After"?

Also look up
"299 days" basically same collapse scenario except it starts from economic collapse and govt fuckup.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on October 31, 2012, 03:31:22 PM
Also look up
"299 days" basically same collapse scenario except it starts from economic collapse and govt fuckup.

Sounds similar to "Patriots."  Although "Patriots" seemed too set up and not very realistic, but did have some info worth gleaning.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: cox308 on November 05, 2012, 04:03:43 PM
In a SHTF situation besides necessities, Gold and silver will be the ONLY thing I will be willing to barter for.  IMO it is foolish to thing it wont be worth anything. Especially if the situation is our government or monetary system collapsing.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Kingkeoni on November 06, 2012, 03:56:05 AM
Depending how long the SHTF lasts, 1 ounce of gold gets you 5 rounds of ammo.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Inspector on November 06, 2012, 07:38:56 AM
Depending how long the SHTF lasts, 1 ounce of gold gets you 5 rounds of ammo.
Why wait for the SHTF situation? I'll trade anyone right now an ounce of gold for 5 rounds of ammo. I'll even load the rounds to your specifications! And, since today is election day I will offer anyone who wants to exchange an ounce of gold for 5 rounds of ammo will get one extra round for free!!! Yes, that's right you will get 6 rounds of premium ammo for only one ounce of gold. Election day ONLY!!!  :shaka:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on November 06, 2012, 10:32:59 AM
Why wait for the SHTF situation? I'll trade anyone right now an ounce of gold for 5 rounds of ammo. I'll even load the rounds to your specifications! And, since today is election day I will offer anyone who wants to exchange an ounce of gold for 5 rounds of ammo will get one extra round for free!!! Yes, that's right you will get 6 rounds of premium ammo for only one ounce of gold. Election day ONLY!!!  :shaka:

All right!   I want 600 grain 50 cal ammo with bullets made of pure gold!   :geekdanc:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: hnl.flyboy on November 06, 2012, 04:25:41 PM
Why wait for the SHTF situation? I'll trade anyone right now an ounce of gold for 5 rounds of ammo. I'll even load the rounds to your specifications! And, since today is election day I will offer anyone who wants to exchange an ounce of gold for 5 rounds of ammo will get one extra round for free!!! Yes, that's right you will get 6 rounds of premium ammo for only one ounce of gold. Election day ONLY!!!  :shaka:

 :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

Hey, Inspector, if you need help getting them to the other islands, when we're WROL, I'll deliver your ammo from here to any island if you split the profits 50/50  ;D
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Inspector on November 06, 2012, 05:17:39 PM
All right!   I want 600 grain 50 cal ammo with bullets made of pure gold!   :geekdanc:
No prob. Bulk buy from Montana GOLD bullets and I'll have you set up in no time.  :rofl:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: raddoxx on November 07, 2012, 03:51:33 AM
before gold and silver, seeds of any kind were the most valuable.  in a SHTF seeds will be the most valuable, then when society stabilizes guns, gold, and silver will be king again.  its just a great bartering tool.   in the past, gold and silver was used as a antibacterial and antiviral agent in the water supply, and some water filters today use silver for antibacterial and antiviral agent for filtering water.  besides the chicks love it, and can be used to repopulate society.  :thumbsup:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on November 07, 2012, 02:00:32 PM
No prob. Bulk buy from Montana GOLD bullets and I'll have you set up in no time.  :rofl:

All right. You got me . . . good come back.   :worship:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: rswarrior1700 on November 11, 2012, 10:36:59 PM
No prob. Bulk buy from Montana GOLD bullets and I'll have you set up in no time.  :rofl:
Can I I get pure silver JHP i n 9mm, .40, .45, .223, and shotgun slugs for werewolves.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Inspector on November 12, 2012, 07:23:19 PM
Can I I get pure silver JHP i n 9mm, .40, .45, .223, and shotgun slugs for werewolves.
Sorry, no such thing as Montana SILVER Bullets!  :rofl:
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on November 12, 2012, 10:06:06 PM
Can I I get pure silver JHP i n 9mm, .40, .45, .223, and shotgun slugs for werewolves.

I can cast you pure silver bullet ammo, but minimum 25 rounds for 5 ounces of gold.   :D

Not going be jacketed though since it will be pure silver. 

LMK . . .
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: RangerBernie on December 03, 2012, 07:09:01 PM
I must agree with Inspector: food, water, firearms, ammunition. The idea of having smaller barter items is great, and small amounts of ammo are easy to carry, easy to hide, easy to give at a good price. Those of us who can reload will be valuable, as will the reloader machine, but we will need the basic materials. Just short of the ammunition, which may be in short supply: a wrist rocket slingshot is lightweight, requires a little practice, and easier to reload: there is ammunition everywhere!  Thanks for the info on Bosnia, a SHTF will probably be similar. Two things manifest when SHTF: 1) the very best of humanity rises to organize and care for others, and 2) the worst of humanity become vandals and vermin. Your best bargaining materials are not materials: it is the relationships and skills you bring to the group. I'm REAL interested in forming a network now to be ready for the future. Takers?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: RangerBernie on December 03, 2012, 07:23:58 PM
Also look up
"299 days" basically same collapse scenario except it starts from economic collapse and govt fuckup.

Are you referring to the "One Second After" by William Forstchen, 2009? It was number 11 on the New York Times Bestseller list in 2009.
And "299 Days" by Glen Tate, 2012. This is the first in a series of three. It is a great read, straightforward and quick. It is from the prepper's point of view.
Warning: there are some Libertarian slanted sections, so I had to curtail my conservative edge for a bit. But, I keep a keen edge on my Bushmaster.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: armsinc on January 22, 2013, 06:13:08 AM
As my dad always told me to invest in 3G's for when times get rough God, Gold, Guns....
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: Aiea78 on January 23, 2013, 11:53:04 PM
Here's one guy that went through TSHTF in Argentina collapse.   Great blog.

http://ferfal.blogspot.com/2010/11/cash-and-precious-metals-their-role.html (http://ferfal.blogspot.com/2010/11/cash-and-precious-metals-their-role.html)

Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: mln41 on January 27, 2013, 08:15:10 AM
http://www.lombardifinancial.com/reports/JudgmentDayProfitLetter/102912/Landing/indexc.php?dept=PC&sb=NMMAINT&sdate=01272013&ssplit=-1 (http://www.lombardifinancial.com/reports/JudgmentDayProfitLetter/102912/Landing/indexc.php?dept=PC&sb=NMMAINT&sdate=01272013&ssplit=-1)

Interesting article. Most of you probabaly already have read similar article.  Don't buy the program just read the letter
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on January 27, 2013, 11:03:24 AM
http://www.lombardifinancial.com/reports/JudgmentDayProfitLetter/102912/Landing/indexc.php?dept=PC&sb=NMMAINT&sdate=01272013&ssplit=-1 (http://www.lombardifinancial.com/reports/JudgmentDayProfitLetter/102912/Landing/indexc.php?dept=PC&sb=NMMAINT&sdate=01272013&ssplit=-1)

Interesting article. Most of you probabaly already have read similar article.  Don't buy the program just read the letter

Interesting read indeed.  It is funny, though, that after the author spends so much time spelling out why the dollar is doomed, he starts talking about buying his stock recommendations.   :rofl: :rofl: :rofl:

So what if your stock "investment" increases in dollar value by 50%.  It will be completely worthless when the hyperinflation he talks about hits.
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: mln41 on January 27, 2013, 12:49:57 PM
Interesting read indeed.  It is funny, though, that after the author spends so much time spelling out why the dollar is doomed, he starts talking about buying his stock recommendations.   :rofl: :rofl: :rofl:

So what if your stock "investment" increases in dollar value by 50%.  It will be completely worthless when the hyperinflation he talks about hits.


I didn't pay much attention to what his investments were.   Was it stocks or possible gold and silver or possibly other currencies ?
Title: Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
Post by: wirecounter on January 27, 2013, 03:20:22 PM

I didn't pay much attention to what his investments were.   Was it stocks or possible gold and silver or possibly other currencies ?

I glanced through them & he mentioned stocks/mutual funds of foreign companies and silver mining company stocks.  I didn't see mention of purchasing physical gold/silver or other currencies . . . kinda expected that as no need to purchase his news letter to do this.

I was surprised that there was no mention of our fractional reserve banking system which literally creates money out of thin air or more appropriately for our day & age - out of electrons.