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for about 3 years now I have been buying 1 oz. silver bars and some coins. just testing the water and looking to see what others are buying or planning to use as trade bait or currency when the grid goes down and the banks are closed. does anyone have a plan. care to share?
I just buy from a couple of the most reputable places on Ebay (APMEX, MCM). I could buy direct from the same shops but Ebay lets you use CCs, get Ebay bucks etc, discounted Ebay gift cards etc. You just have to wait for deals.
Have you ever hear of "pieces of 8"? You cut the coins into pieces. Plus if you are buying SHTF coins/bullion you should be buying 1/10 oz coins/bars not 1oz.Where are you going to make change for a gold coin?
" Hey can ya break a 1400"?
i would think people would establish their own local govts quickly in the rural areas. the cities, well, Mad Max.It will only be good after 95% of the population dies off and the 5% that's left rebuild society. In the first 10 to 20 years I don't think much trading will be going on. It will be all force in those days and not until a more civilized society emerges will currency become relevant.
I agree with that. If society completely breaks down, government will be rebuilt more quickly in the rural areas. The form that government takes in rural areas might be interesting. WROL, tyrants will come out of the woodwork. In most of America these tyrants will be dealt with quickly. In the rural parts of non-free states like MA, NY, CA, there will be a very real chance of people setting up fiefdoms and ruling cruely.i would think people would establish their own local govts quickly in the rural areas. the cities, well, Mad Max.
But why would anyone trade a gun to someone else? It arms a person that may get so hungry they try to take your things. Not even your most trusted neighbor is trustworthy when they or their kids haven't eaten in a week.i would think guns would actually be more sought after than ammo.
you figure your average NESer is well stocked with guns and ammo, and won't need more of either, but all the liberal anti-gun types will be trading their first born for a means of self defense once SHTF.
I buy silver and I have ammo to trade. I have it from 1/10 coins to 1kilo bars assorted. Also medical supplies to trade also. I think if you can make your own ammo and booze you're well off.
But why would anyone trade a gun to someone else? It arms a person that may get so hungry they try to take your things. Not even your most trusted neighbor is trustworthy when they or their kids haven't eaten in a week.
Don't know what you mean.