How much silver is enough?
- Thread starter lshallperish
- Start date
Aureus said:
Stockpiling food, (while the market is functioning normally, and you are not depriving anyone else), is not considered "hoarding".
The price of food can skyrocket at anytime, regardless of the general political/economic climate. Problems with bad weather-related growing seasons, labor issues, transportation costs, and natural disasters, can all lead to temporary shortages, and their attendant higher prices.
During such times, having enough food on hand, can help mitigate any shocks to your budget, and provide a measure of "insurance" against any personal hardship or emergency.
It is also the morally right thing to do - as you will not be in the streets, competing with your neighbors for the limited rations that are available during a time of scarcity.
Such advanced preparedness will free you from the desperate and immediate need for the most basic necessities, and free you up to focus on your longer-term strategy.
In the event that paper currency collapses (or is simply inflated into oblivion), the prices of houses, cars, computers, and food, will no longer be relevent.
Having a stack of silver/gold will provide you with a valuable medium of exchange in situations where simple barter is insufficient to meet the needs of either trading partner - for example: when you want to trade you boat for a car, but the other guy doesn't want a boat.
Sivler stacking and food storage are not mutually exclusive. The two strategies work well together as a sensible savings plan, especially when the banks are paying such paltry interest on fiat deposits.
You don't have to keep stockpiled food locked away, never to be used.
There are lots of homesteader and prepper sites, that show you how to rotate your pantry and incorporate your stash into you daily meal planning.
It is just good practice to consume and replace your foodstock, as the last thing you want during a major emergency, is the added stress of suddenly switching to a new and unfamiliar diet.
Also, canned food is only part of the plan. A great investment is an Excaliber food dehydrator. While it is fast at making fantastic beef jerky (which itself makes an excellent, long-shelf-life trading item), it also allows you to take advantage of low-priced and seasonal produce, by dehydrating it for future rehydrating, with very little loss in quality and nutrients.
Food storage is not just for emergencies - it is also a great way to save money over the long-haul, which will translate in a greater ability to add to your stack of silver !!
There are lots of homesteader and prepper sites, that show you how to rotate your pantry and incorporate your stash into you daily meal planning.
It is just good practice to consume and replace your foodstock, as the last thing you want during a major emergency, is the added stress of suddenly switching to a new and unfamiliar diet.
Also, canned food is only part of the plan. A great investment is an Excaliber food dehydrator. While it is fast at making fantastic beef jerky (which itself makes an excellent, long-shelf-life trading item), it also allows you to take advantage of low-priced and seasonal produce, by dehydrating it for future rehydrating, with very little loss in quality and nutrients.
Food storage is not just for emergencies - it is also a great way to save money over the long-haul, which will translate in a greater ability to add to your stack of silver !!
lshallperish
New Member
mistered said:
I didnt mean that extreme.. I met like a currency reset or a different way of payment.. I dont know.. maybe super paid in gold and salary's paid in silver.. some shit like that.. not like "OMG THE ZOMBIES ARE COMING QUICK GET IN THE CAR"
lshallperish
New Member
I ask this because I am kinda bummed about not being born in the 80s.. dad keeps teasing me saying "ohh I didnt go school and I bought this much real estate working in a factory blahgblahblah you'll never afford to buy a house blahblah" just told him to shut up and wait til his dead LOL (we joke weird)
lshallperish
New Member
mistered said:
I have 3 words for that.. Sloot gonna sloot.
lshallperish
New Member
LOL yea at a big ass premium lol
lshallperish
New Member
Andyt said:
LOL SHTF.... and theres bar's open still? selling beer? this is interesting
lshallperish
New Member
Aureus said:
Cant eat silver... but I can trade it =)
lshallperish
New Member
Ouija said:
You know what scares me the most about SHTF.. the fact that our neighbours are not going to just say "you got 500 kilos of rice and 5000 can's of food? wow good job, im just going to starve to death, cya later" they are going to come with guns and knifes and go "YO HOMES GIVE ME THEM DOUGH, MAKE SURE YOU GOT SOME CORN IN THAT AS WELL"
lshallperish
New Member
Since you guy's were talking about gold and silver and how silver is harder to carry.. what do you guy's think regarding food? is there some type of can food or something that is small and light but does the trick really well in filling you up? because I rather have 1000 protein bar's then say 20 kilo's of rice.
Pirocco
Well-Known Member
You shouldn't wonder about this. What do people confronted with misery and poverty? They complain all day about it until their wife kicks them out the house and then they go to the bar where they drink to forget it. SHTF scenarios are Golden err... Silver times for bars.lshallperish said:
Pirocco
Well-Known Member
That's another benefit of silver. Hiding 500 kilo rice and 5000 cans is harder lol.lshallperish said:
Btw, if I had 500 kilos or rice and 5000 cans of food and neighbours starving, I would give them some. Even if it would mean I suffer from it myself later.
Why? Egoism. Weird answer eh? Yet, that's what it is. Because I do realize that in a SHTF scenario, X cooperating people will have more survivors than X noncooperating people. That I, on the longer term, will have more chance to survive than keeping it for myself. Aside, and second to this, I would also do it from a human/social perspective. But that's just aside.
mmissinglink
Active Member
Silver blobs are not a panacea, especially in a SHTF scenario. The man who is selling the house is likely not going to be interested in taking blobs of silver in exchange for it in a time of crisis.....what the heck would he do with hundreds and hundreds of pounds of blobs (depending on the cost of the house and the fixed price of silver)? There's no shortage of silver now; in fact there's lots of excess silver available to be bought up. Additionally, it's very possible that in a SHTF scenario, many doomsdayers will be flooding the market with blobs that they have stored just for that moment / time and so that will add to the great excess of silver available and it will almost certainly drop prices further down the more panic selling sets in.
People will want things like food, energy, safety, communications ability, etc...blobs of metal won't have much usefulness to most and so who will trade you something like gasoline for useless blobs of metal? No one sane....especially if they could get it for real cheap anyway as the market is flooded with excess.
Much more likely is that gold would be a better store of value than silver in such a crisis time.
But since I do not know the future for certain, it may turn out that i am wrong. But I could be also wrong if I were to argue that full season baseball tickets won't be a hot item either during a SHTF scenario.
.
People will want things like food, energy, safety, communications ability, etc...blobs of metal won't have much usefulness to most and so who will trade you something like gasoline for useless blobs of metal? No one sane....especially if they could get it for real cheap anyway as the market is flooded with excess.
Much more likely is that gold would be a better store of value than silver in such a crisis time.
But since I do not know the future for certain, it may turn out that i am wrong. But I could be also wrong if I were to argue that full season baseball tickets won't be a hot item either during a SHTF scenario.
.
Pirocco
Well-Known Member
Barter, is extremely inefficient. It's already an SHTF scenario on its own, let alone other causes.
A medium of exchange, is as useful as any product, because it serves as an extremely handy inbetween step to those other products. That's why it was invented in the first place. Silver blobberblobs or discerdiscs or square root shapes, serve this role. Not for any special woohoo / hypertech reasons, just due to a few properties of the product that makes it practical.
Good luck with blobs gasoline, blobs phones, blobs energy and blobs safety. Have fun storing and paying with them. Better package the safety blobs with the gasoline blobs, so that someone wallet doesn't explode and burn down the house.
A medium of exchange, is as useful as any product, because it serves as an extremely handy inbetween step to those other products. That's why it was invented in the first place. Silver blobberblobs or discerdiscs or square root shapes, serve this role. Not for any special woohoo / hypertech reasons, just due to a few properties of the product that makes it practical.
Good luck with blobs gasoline, blobs phones, blobs energy and blobs safety. Have fun storing and paying with them. Better package the safety blobs with the gasoline blobs, so that someone wallet doesn't explode and burn down the house.
lshallperish
New Member
mmissinglink said:
You have to remember the chain it will cause though.. maybe the common man wont want silver but still silver is needed for all the demands you just listed.. how else you going to get it now? what mine them? good luck finding fuel at that time.
everyone will sell there silver and it will allow the world to go back to mass producing whatever for a short period of time then all hell will break loose when we cant get any technology up because silver is a myth now
Yep - I have to laugh at the survivalists with 3 million cans of baked beans - hope they have 3 million cans of toilet spray because if I'm in a bunker for years the last thing I want people in there eating is baked beans. I did get water purification tablets though.Pirocco said:I thought several times to buy such canned food, but the problem is that if doom does NOT happen then you have to eat it anyway, or it's lost money. And I find it hard to eat canned food at a table with a dozen people that eat cake.
I pass my tins on to food drives and such as they approach the use buy date.