The Dirty Secret Stackers Don't Talk About Much...When Gold & Silver Becomes Worthless...
HTML-код
- Опубликовано: 9 сен 2024
- The Pocket Pinger :
coinpingtest.c...
amzn.to/3mouwEC
Silver Bullion :
amzn.to/3r50pmH
Slab (Graded) Silver Eagles :
amzn.to/3jj697n
999 Silver Items :
amzn.to/2UXCoQ9
US Silver Coins :
amzn.to/34rpAEP
Other Silver Coins :
amzn.to/3aZ8Oj9
Coin Storage :
amzn.to/3vQvuw1
Gold Maple Leaf Coins :
amzn.to/3ekYvtC
Gold Coins :
amzn.to/33lBbFL
Books About Investing :
amzn.to/3Ec3qHu
Stock Market Books :
amzn.to/3Glz1s3
Knives On Sale :
shrsl.com/2nmj8
---------------------------
Balisongs :
shrsl.com/20td5
Automatic Knives :
shrsl.com/20td4
-----------------------------
Spyderco Knives :
shrsl.com/1i4ro
amzn.to/2F2knqU
Benchmade Knives :
shrsl.com/1i4r0
amzn.to/2XWloJI
Kershaw Knives :
shrsl.com/1i4r8
amzn.to/2CkfkBG
Chris Reeve Knives :
shrsl.com/1i4rc
amzn.to/2TFiGdf
Strider Knives :
shrsl.com/1i4qt
Emerson Knives :
shrsl.com/1i4r
amzn.to/2Cl653W
Microtech Knives :
shrsl.com/1i4rl
WE Knives :
shrsl.com/1i4rh
amzn.to/2W1mamW
Ka-Bar Knives :
shrsl.com/302ti
amzn.to/3fCRzIZ
Zero Tolerance Knives :
shrsl.com/1i4r5
amzn.to/2W3nxkS
Cold Steel Knives :
shrsl.com/1i4re
amzn.to/2XZgNqd
SOG Knives :
shrsl.com/1i4rp
amzn.to/2TFjjU9
Victorinox Knives :
shrsl.com/34tcl
amzn.to/3jo4L6F
CRKT Knives :
shrsl.com/1i4rk
amzn.to/2TCfjUi
Gerber Knives :
shrsl.com/1nbxy
amzn.to/2IztrW9
Boker Knives :
shrsl.com/1vmy2
amzn.to/2OEGKJv
----------------------------------
CUTLERYLOVER EDC FLASHLIGHT :
amzn.to/2rE7cta
----------------------------------
CUTLERYLOVER SHIRTS :
amzn.to/2Bm5bqV
amzn.to/3gcwbb4
GUS My English Bulldog Shirt :
amzn.to/2AtqxSM
-----------------------------------
Looking For More Knives...Trusted Online Store (BladeHQ)
shrsl.com/17vm9
Find Gear On Amazon :
amzn.to/2DzlGyD
Affiliate Links (PAID LINKS) Help Support The Channel, Thanks For The Support!
PATREON :
/ cutlerylover
Instagram @ cutleryloverjeff
Gold and silver will never be worthless, During SHFT, it might be hard to sell, but after SHTF (the rebuilding years), you'll be able to barter for more. Remember, during SHTF, the US dollar will be used for toilet paper or fire starter. It will never be worthless.😊
the reason some will give it value is they will think about being wealthy once things get built back up, BUT thats only if a future is in sight people will hoard wealth, many wont be able to see a future or functional society if it gets bad enough they will feel like its the end of the world...
Gold bug Mike Maloney was in Puerto Rico during the hurricane down there a few years ago. He noticed that post storm, shtf set in and metals dealers were only paying half of spot price for gold & silver bullion. They knew that people were desperate, because cash was in short supply and the electronic banking was completely down.
@@FiteTheGoodFight can you buy it at half spot too?...😅
Only time it will be "worthless" is when an asteroid of it the size of the moon is about to crash into earth...😅
@@EroticOnion23 lol OR if we can get to that astroid and mine it, theres so much precious metals in space its not even funny one day they may find a way to collect them and that would change everything forever...
I've been though a war, cash was worthless and not used at all, but at the market only silver and gold were used. All merchants had a scale to weigh your metal. So don't lose heart stackers, you can trade for anything with every ounce or grams of metal you've got.
What WW1???
Mind saying what war?
If currency becomes worthless why would merchants accept a currency?
It would only be bartering because actual items would be the only thing with value.
@@ALemonCannon2 Yes in MAD MAX times, Its never gonna get like that and if it does, NO ONE is gonna sell you supplies they need to live for a piece of metal. They would just kill you and take it. NO COPS
@@ALemonCannon2
Well gold and silver have been used for thousands of years, as currency.
I Prep first. Home defense tools, freedom seeds,food,water,,meds then silver & gold. I also prep building supplies, copper wire, nails,wood,tools. Silver and gold is a little farther down on my list than a lot of "stacker's" that's why I'm a prepper first. Great video, great points.
Part of being a "Prepper" is buying Gold and Silver. You can't be considered a "prepper" without it.
When ammo was really hard to get a few years ago I did sell some of my 5.56 stash for a nice profit. There is definitely a balance between supply and demand.
Not a metal stacker here but it's not like FIAT money's gonna be faring much better either in those scenarios.
That's why I'm a chicken stacker 😎
You are awesome 😎
I can only afford to stack processed chicken patties 😢. At least they are round like big coins.
yes this was an issue during the late gold rush. you cant eat gold, we all just have to agree that this rock is valuable.
There is another thing to be aware of as well. I was looking at silver on a website. It was $32.00 to buy a silver eagle, but if you wanted to sell it, it was only $26.00 for the same coin.
Yeah, because businesses need to make money. If they sell for $32 and buy for $32 they go out of buisness. Also, selling your gold for US dollars is not my plan. My plan is to exchange my gold into the BRICS nations' currencies.
Sell at appropriate times for the coin shop or vendor. Sell when it's going up so they could make a profit. They aren't going to want to buy when it's peaking.
@@arronthomas68 I think your idea is great and even better to move to those countries. You'll be richer than most of them.
Why would I EVER sell gold or silver for counterfeit Monopoly money??😎
Because you can buy sh*t with it Jesus it's simple 😂😂😂😂
For me the biggest advantage with gold is that it’s tax free and capital gains tax free (in the UK). It is historically one of the best assets, land being another. It also does not loose value the way fiat does.
In these times it seems one of if not the best place for people to store at least some of their wealth.
But of course diversification is key also.
All land is officially owned by the "crown" in the UK is it not?...🤔
Guess it's same in the US where the gov technically owns all the land, the deed holder only have the "right to use"...
I think you are describing supply and demand. Someone will want your gold at SOME price point. That is the strength of gold. It will always be worth something in whatever currency replaces the dollar. It doesn't fix your SHTF problems - it allows you to recover afterwards.
When SHTF, ammo & spices will be worth more than precious metals. Also a useful trade (service) that people need will be even more useful than most anything!
Gold is preservation of wealth, a hedge against currency collapse
With all the wild shit happening worldwide i stick to the phrase , dont keep all your eggs in one basket, food, water, land, bullets ,precious metals ,survival supplies and tools of course anything else you would need for your personal situation.
(Lol he said the exact same thing i did i was commenting at the middle of the vid)
There are a lot of different scenario's to prep for. I live in Central America in the country side. Gold has no liquidity where I live. We have no way to sell our gold in my immediate area. The people do not know anything about using gold as money nor do they have the money to buy gold. It is important to have cash stashed away just in case. Also, you should pre-purchase goods you can use for an emergency. Later on, your gold will be very useful. Not necessarily in the beginning of the crisis.
When you base it on the value of the dollar - I base it on use for when that dollar has no use
I wouldn’t ever trade my metal for paper with green ink on it. Never. You made some good points.
If SHTF and you're the guy with all the gold and no firearms, you're the guy with no gold and no firearms lol
lol, yeah I agree, hopefully if you have gold no one knows about it...
Ammunition is THE precious metal!
Correct
This guy is fos
somebody called me?
True, but they will most likely slow and then stop production on ammo. Even finding shotgun primers is hard, and shit hasn't really hit the fan yet.
@GULO GULO and thats why ammo is so valuable
Not true.
The dollar is worthless. Toilet paper is priceless.
When the stuff hits the fan there's more buyers than sellers, and dealers just won't get enough of it.....this time it's a currency collapse and people will finally figure it out that gold and silver is the base of this whole monetary experiment
The true currencies are water and food. Everything else we put a value on. Everything loses value in a collapse based on cost of everything. The thing with the highest priority is water and food. You cannot eat currency or gold.
Gold and Silver have been valuable throughout over 6000 years of human history. That effectively is intrinsic value. There will ALWAYS be people who have endless food and water and need somthing else to store their value in. Even if SHTF there will still be people with tons of resources who need somthing to trade with and for, and gold and silver have been and will always be the default.
@@BananaMana69 That value is because it was valued by royalty and the gentry since they were on top. If those people are in the same situation then they are not worth nothing. The people that had endless food and water had serfs working their land. Different time different situation. If everybody from top to bottom are on same footing then it don't matter.
Precious metals mainly to preserve some wealth, not to invest. 25 cents back in the day could get you a gallon of gas and those same quarters can still buy you a gallon of gas. I don’t think it will ever be worthless. Especially since silver is used in a lot of materials.
I have a roman Denari which was half a soldiers daily pay, it cost me $20 bucks.
The value is constant and those quarters buy way more than a gallon of gas today.
Finally someone who realizes that gold doesn't have inherent value, only the value people are willing to attribute to it.
we randomly pulled something shiny out of the ground and said thats valuable lol before that I think food has the mops6t value...maybe some basic tools..
Gold & Silver will never be worthless. That is an actual fact.
Always enjoy your precious metal content Jeff, all the best to you and your family
Don’t worry, they’ll give you CBDC bucks for your metal
That's why I have silver constitutional and fractional gold. You may need to barter, and the best value will be the closest fractional you have for what you are trading for.
States are passing laws to accept gold and silver as currency. This will eventually spread across the country.
Yep in spite of what something is “priced” at it is only “worth” what someone will give for it. This is true if you are talking dollars, bullets, silver/gold, collectible stamps. The value can vary depending on the situation. I liked your example of dealer may not want/be able to buy your precious metal.
Good perspective to share.
I was a sailor who stayed out in a Philippine town too long. Normally a cab ride back to base was $1-5 dollars tops. It was 4am (the cabs stopped running at 2am) Against all odds, a legitimate cab came down the road. "How much to base?" Driver: "$25.00"
Me: "Sounds good!"
Looking back 40 years, I still think it was a bargain.
@@rnettles6241 and when you see a bargain you can afford a wise man buys it. If two plus decades later it still seems to have been a bargain… I was. Savor a choice well made😁
Its all BULL SHIT. The dollar is not falling or they wouldnt trade they'er gold for your DOLLARS
Goldbacks satisfy every criteria for money I'll need with or without a grid. I concur with the others that have said prepping the essentials first is important.
If you're unarmed you're only gathering stuff for the biggest guy on the block.
Right now everyone is scared to keep the US dollar because talk of it loosing value. All my local coin and bullion shops are selling more gold than they can get. So, they are buying at a higher premium.
If theres seller theres always buyers moot point even if it goes to 10k there will still be plenty of buyers probably even more because that means the financial system is broke and people run to safe assets
I figure if a lcs runs out of cash one day, they will sell it to a refiner and have cash the next day
When other countries get tired of our debit-based economy and begin a gold/silver backed currency, you will see who will want it...
If you really want to save for SHTF, stock up on alcohol. Buy small bottles of cheap whiskey and vodka every paycheck. Liquor stores will be some of the first to get looted in a situation like that. A depleted stock of alcohol gives you an opportunity to trade the bottles for whatever you will need from people who can't go without it.
My father always said, "Son, buy your gold and silver, but I bet you my bullets will have more purchasing power if it ever gets that bad..." Diversify folks. Just in case and, above all, be safe and tell your parents you love them. PS: research the Benner Cycle. Pretty smart farmer who saw the future....
Supply and demand
If everyone sells their gold at once, the price will go down
It doesn't even have to be that it could be that all the countries switch to digital currencies then they put time limits on how long you can hold your currency then it expires why would you sell gold at that point?
Super rare as in you and i never have experienced it, correct? In fact, ive seen just the opposite. When spot is down, people are less interested in buying. When spot goes up, people flock to buy.
I am new to this silver stacking about two years now I do not have an awful lot but I do know one thing can anybody name me a time when gold or silver was not worth anything it's always been worth something from Biblical times up to present day it's always been worth something gold is the money of Kings silver is the money of the working people
Gold and silver are God’s money.
Ok - he says -
“ everyone “ cleaned out the LCS of their CASH because they turned IN their gold/silver .
THEN - in the SAME BREATH ; says as he fans out cash on the table , “ nobody wants this - this is worthless “
Whaaaaaat ?
If your goal is to sell your gold, just save cash. Sell all the crap you don't need, get rid of extra expenses, and pile up paper fiat. Gold, silver, cash and crypto each serve specific monetary functions; direct your energy toward the one(s) you need the most. Keep stacking, prepping, stockpiling and saving.
From personal experience, if you have to flee the country then, yes, your paper money will most likely be worthless. However if you stay and stick it out, paper money will still have some value because it is still the most prevalent form of currency. Especially now that most things are paid with credit cards or electronic transfers.
After Iraq fell, the people there were still using paper "sadam" money because that was the main form of currency available to keep everyday life going.
The other problem with PM during or after SHTF is that there will be LOTS of counterfeits floating around because there is no standard form that easily recognized.
Wrong, LCS will be selling as much as they are buying. That’s price equilibrium. OR else the gold will be the cash. Either way you’re fine.
Gold should be bought expecting to not sell any for 20 years.
Can you tell me, in all of history, when was gold and silver ever worthless?
People don’t stack metals for SHTF. They do it to preserve wealth. Should’ve added a caveat “stacking 101”.
You don't lose money on something that's worth more than what the manipulators price point this.
yep,a meteor shower of gold and silver will bring the price to 0.get 90% coins bring up the silver currency again,
Gold will be always be wanted. Already heard of 2 separate stories, one during WWII where the Jews needed to escape Germany and the German soldiers didn't take the currency (Deutsch Marks) but took gold to help the Jews escape. A similar story about a dentist in Vietnam who had 100 ounces of gold and he helped his family and relatives escape Vietnam when the communists were trying to take over the country and the guards helped them escape by accepting only gold not their paper currency.
If SHTF, I will use my silver and gold to leave the country to a better country.
I'll gladly trade you my 2 potatoes and an almost out of date 20oz bottle of ketchup for your one ounce gold buffalo.
where should i go to sell a custom handmade necklace ? about 112grams of 14k
sadly jewlery has a horrible ROT meaning if you buy jewelry for say $1000 and want to sell it back to a jeweler they may give you $200...you can sell it for scrap gold but 14K is 58% puire gold so 112g for about half the gold price is a little over 4k in melt value but if you go to a random we buy gold place they will probably offer less than that, id sell it as a necklace on ebay or another site like etsy...
This guy brings up a good point. What if gold spikes to $3-4000 per ounce. It will get really hard to sell one ounce gold coins. This is why fractional gold is important.
If gold spiked that high it would mean the dollar collapsed and people would gladly trade you $3000-$4000 for an ounce.
We live in an international market. If gold is that soight after you could definitely sell to someone in a far off land who needs your gold more then the immediate coin shop.
@@BananaMana69 The problem is how do you get people in the far off land to pay you?
I appreciate this video because it's pretty much the same thoughts I've had. I've tried looking at the market and found a complete and utter mess. You can buy precious metal for $5-$10 over spot but when it comes to selling? Oh, then the price is completely different. Unless it's a long-term investment or a Venezuela scenario, I don't see the benefits.
Contracts,online dealers never sell to pawn shop or someone who will pay very low.And holding it for long term isnt always the best scenario
That’s when you barter your gold or silver for things you need.
Completely disagree. If things get to that point, nobody wants cash, maybe there isn't even any cash. Gold and silver will be the preferred method of trade, not everyone wants your 9mm ammo or your eggs but your coins can be traded again for something they do want. It's that simple, there's always a need for money.
When it starts going high many many people will buy. The coin shop will want to buy your metals to flip as soon as you leave and they add their mark up. If it goes high knew places to buy will pop up all over to buy
To be fair, in the situations youre describing, FIAT wont mean shit either. At that point, its guns ammo, knives, food, survival gear ETC and even then PMs have several uses outside of being a currency, industry, medical purposes, water purification etc. Great video brother, lots to think about.
Agreed. The items will be used for survival and bartering. Fiat, cryptos will be worthless toilet paper will be worth more
the hope is society gets better only then will gold and silver be valuable again but during the worst moments its not worth a thing to most people...the ONLY reason anyone would barter with you is that person believes society will get better and it will be worth saving for more wealth out the other side...I would certainly take it LOTS of gold and silver in hopes Ill be rich when the crap is over, lol...
YEP - shady dealers out there also.
No silver for me - it's a big money/high premium game now...
You should never exchange your gold for paper. Gold is real money Gold should be exchanged for goods not for paper. I will never change my gold or my soul for any paper Fiat.
“What does not kill me makes me stronger,” Nietzsche wrote. But hurt doesn’t make us stronger. Hurt just makes us hurt. The whole place feels like a grave. A cathedral for the dead and the fallen. The ground is littered with discarded books and magazines. A broken crack pipe has been left on a cinder block. There is a garden chair, and overturned crates and buckets. A mangled teddy bear. Death everywhere. If they were not emotionally connected to the person who has died, the body is taken outside and that night it disappears when the truly desperate come and make food of it. We have no place left to bury or hide our dead. Some have begun to inject the bodies with poisons even household bleach and posting warning signs on the bodies, this is not a deterrent, and many get sick and perish because they ignore the warning. In fact, few now spend the effort to cook the meat and simply gorge themselves on the raw flesh. It is now a rare sight to see even a deteriorated corpse unmolested in some way, worse are the sick that have not the strength or means to fend off the starving. No one moans or cries like in the beginning and every face has a vacant empty inhuman look, the eyes desperately searching wildly. Today I saw a woman eating small portions of flesh she had hidden in a child’s pencil case, it was decorated with figures from the cartoon called Toy Story, and when I saw it something in me broke, I am struggling to maintain a positive attitude and ashamed of my weakness and lack of coping skills. On a positive note, I long ago established a thriving cockroach farm in an 80-gallon fish tank stuffed with empty cardboard and egg cartons and have been very disciplined with keeping my meals small so as not to generate suspicion while maintaining my protein intake enough to function. Cockroaches are omnivores, which means they eat both plants and animals, so my day is filled looking for weeds and other insects to keep the farm going and maintain a sense of purpose. Kuru Is a Neurodegenerative Disorder That Is Passed on Through Cannibalism and many now show the symptoms of muscle twitching, loss of coordination. Other symptoms include difficulty walking, involuntary movements, behavioral and mood changes, dementia, and fatal insomnia. You can contract the disease by eating human flesh or coming into contact with open wounds or sores of someone living with it.
@@rnettles6241 I am sorry I have been struggling with depression and nightmares, I can't even get drunk because I don't want to cloud my mind, but you are 100% correct I am in a bad place. Instinct spidey senses whatever it is called are just overloading me with impending doom, I hope I am just good old fashioned mentally ill and maybe these visions are just a symptom of that. The things I see when I finally pass out, make me awaken with terror. I apologize I should have never posted that in the comments section, forgive me I am just afraid and alone.
@@ChacoteOutdoorRecreation Sorry I made light of your depression. Pray to our Father in Heaven in the name of Christ. Don't sugar-coat anything. Tell it like it is. Using your own language and speaking your heart. Then wait to be amazed in a good way.
It's how you leverage the hurt to make you stronger...
Ooookkk,dude, really get some help.and stop watching zombie movies.
Tennessee and Utah I believe have made gold legal tender. Global banks have listed gold as a top tier one asset along with US Treasuries. When gold hits Jim Rickards prediction trade gold for fiat currency at the bank to obtain real estate or a business. Do not cash gold in for fiat federal reserve notes…dollars to hold. Use gold as insurance and/or to acquire real assets.
I actually got my first Utah goldback today. It's pretty sweet. I love the idea behind it.
Lead & water. Best bet if shtf
You can sell back to sd bullion. Pretty sure they won't turn you down.
Very good message! Subbed and looking forward to future content!
You sold a buffalo to pay bills? Sounds like shtf already.
If the price represents demand. If demand is there then they will sell.
well I would watch part 2 of this video explain the details why I sold this one although it was to p[ay bills I bought them specifically to sell soon flipping them to gain the money from a business credit account sign on bonus..I was just hoping to find a way to afford to keep them and that didn't happen short term....I sold this one but the other will be for sale soon as gold keeps going up
There are no coin shops in my town, so I guess I would be out of luck in any case... I have a different view... I rely on Divine intervention... If or when I need to sell I have great confidence that an Angel will appear out of nowhere, just as it has done for all of my long life of 77 years... You need to have faith... so all that you say is pure nonsense... You are the only one who creates your reality...
You should also make a video on the fact that you'll never get spot price at a brick and mortar. They have to take a percentage. So your investment is really only worth what people are paying. It's never spot price
No sir, my local coin dealer has guaranteed spot for any silver or gold I want to sell
He makes his money on the premiums, so you loose that.
this type of real talk surfaces now and then. im glad your pointing this out. in a shtf scenario where we find ourselves in a mad max world are you really going to put your faith in lord humongus ?? keep up the good work, two men enter, one man leave.
I’m not buying right now, that time has passed. I’ll sell as I need cash. I did try to trade some silver for gold a few months back and the buyer would only take 1/2 the silver I brought with me. He wanted some cash in the transaction.
Gold, silver and bullets - next water filers, canned or dried food (i.e. mres), emergency blankets, fire starters - flint, para cord and knives and maybe fuel = commodities for shtf provisions.
I am buying, silver bullion only, to use as a barter medium, along with bullets and other trade stock.
Buy booze, it will never spoil and will always be valuable.
In Venezuela an ounce of silver can feed a family for a long time.
Trade metals for real estate.
make jewelery and sell it
give it to someone who's into electronics who will use it as a conducter
you can still physically use it and it has physical properties
When the price rises while the dollar drops there may be more buyers than sellers trying to get out of the dollar. When the price pauses then dealers may be cash short. Another problem worth covering is when you sell gold at a high price tax reporting may be required. Do you have receipts to fend of the (t*-a-*x) man? Do you have multiple outlets to sell so you can keep the dollar amount down to avoid problem.
While I think that in a complete collapse of society gold and silver won't be easy to exchange. In just a financial collapse I think it will be exchangeable. It why I mostly have silver, in small denominations. Everything from junk dimes to 1 100 ounce bar. If its complete SHTF I have stocked food, tools, and things made from steel and lead. When gold and silver are worthless, freeze dried chicken will be very exchangable. My idea of a diversified portfolio.
We can trade gold and silver for equal value it could be your service or product
Coin shop can hedge the gold through future mkt, the problem is the cash flow.
Silver will feed you ; GOLD will save your life
What an absolute travesty that the UK banned guns. 🙈
great to hear, but also. in the SHTF scenario. there wont be coin shops....there will be empty store fronts. Any post stabilization market that forms will accept precios metals, no doubt. people are appauled at the idea of taking a chisel to their metals, it will however be necessary if you are not neck deep in junk silver lol. surely holding will never be a bad call, and im sure it will prove to have far superior buying power than any fiat currency. Also nails and tools, building materials. fluids, oils, lubricants. mechanic tools...all these will hold major value. diversify is the game. prepping is the name.
Silver and gold will become unobtanium and unaffordable. Not worried in the least about this scenario.
Might not be able to sell. BUT, you can ALWAYS trade for things you can sell. Ive traded lots of silver for guns and ammo which will always be a hot commodity.
Lol if the world of tech instantly died and people were mostly in need of food and clothing just try trading shiny stuff for it.
@@jacobpoucher same reason we've been trading gold and silver for thousands of years ,our monkey brians like it ,
Gold is the 4d curency. It transcends time and space, it has been valuable all over Earth for all time and nothing will ever change that. Its value is not limited to a resource for trading either. Many different cultures seperated by thousands of years and tens of thousands of miles have found gold to be a spiritually significent metal. From the Ancient Egyptians, to the Aztec, to the Navajo Indians, they and many more, these people all independently found gold to have a spiritual significance and valued it very very highly.
No amount of modern currencies or economic turmoil can take away the significance gold always has and always will have. Today we live in a very odd time where even the common working man can biy gokd by saving up his wages, thatvis extremely rare in hiatory, basically unprecedented, and so i am gonna take full advantage and get as much as I can.
Nice vid. I've wondered about this before. I only have fractional gold, which seems more liquid if gold goes up very much. But who knows
I almost gave a bad comment,but you are extremely wise I'm with you.
Can you pay your debts, like mortgage, with gold and silver?
End of world scenario nobody will give a crap about gold or silver. Except fools. I’ll be stocking up on lead. Everybody will want that.
Lead is the "3rd precious metal."
Gold won't be jumping up 2.5 X that quickly that is not how gold price works . Last year we had a war that could easily have turned nuclear , gas,oil, food shortage and gold barely touched ATH briefly for a short time . It's good advice to diversify though .
I was literally thinking about the same thing as browsing for gold and silver. Yeah it’ll probably have the value but how can I sell it?
you wont want to sell it during SHTF since the money you get for it is 100$ worthless at that pint, you have to wait until things get better to sell...OR you sell righty before things get back and hyperinflation kicks in then use all that money to buy more important things before it gets too bad...
Don't bank on one asset. If shit gets bad enough, no one will be buying your shiny rocks.
there will always be people that will buy gold at any time, think the 13 families. well if you dont get it yet, money gets transferred not destroyed, the folks with the money will gladly exchange with your gold. learn to have more than one gold buyer. We live in the age of internet or get contact of a member if the 13 families they will buy all your gold savings in a heart beat
Gold and silver still a better bet then cash, stocks, bonds, and way better then bitcoin in SHFT.
If by a little ammo you're talking 50k rounds, I agree...😅
I'm not concerned - but that's because I've already eliminated the need to sell for $$$$ - I could see that happening in an extreme case...
that happens for many things though already - the real price adjusts down to sell. And those prices adjust down big time - I see it all the time in antiques...when something is out of favor or not in demand - dealers drop prices big just to get rid of it - I'm a buyer so I find too much to buy...which to your point is an issue at times - but so far I've vacuumed up all I can find of some item...there are limits though.
Sorry but I have never heard such a convoluted rant about gold and silver! Based on things you said I think I can offer some advice though.... turn your gold over to mom and dad and let them take care of it so you won't have to drive all over town just to find someone interested in buying your gold at a horrendous loss just so you can pay bills! Then you can move back home (assuming you ever moved out) and immerse yourself in your video games all day with your only worry being...... what's for dinner!😂
Remember the golden rule..... he who has the most gold makes the rules. Gold is a universal currency. I would keep the gold at some point you will need it cant eat a dollar cant spend a dollar gold how ever will buy food and other stuff
I stack wine & smokes it’s a win. Win 😂
Gold and silver is never to make money, it's just to store value or use as an alternative to money. Gold has actual value no matter how many pieces of monopoly money its supposedly worth. Also, not Ll countries are crumbling, Russia and china will still want Gold after the dollar crashes. You'll still be able to trade Gold for the next currency the grabblers decide to create whether its digital or slave coin 2.0. You shouldn't be doing it to " make money". In a total collapse I'd count on coffee as a currency personally.
The fiat currency may still be valuable to people who don’t see any value in gold because there’s ni way to sell it/nobody accepting it.
For about three or four days cash, five to ten silver and gold, eleven to fifteen days barter. Day 16 people are like oh shit robbery and murder. Sixth month some barter, one year barter, year five maybe a wee bit of silver and gold. Depending on how bad SHTF.