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On Buying Gold & Silver for Survival Preparedness
SHTF School ^ | 12/8/11 | Selco

Posted on 12/09/2011 4:32:06 AM PST by Kartographer

No, gold and silver was not like second money, or second value during SHTF, it was not even worth like in normal times, and in most of the cases it was dangerous to have it a lot (actually it was too dangerous to have anything in great amounts and let other people to know that) If you had for example 1000 gold coins, and let s say that one coin worth 150 USD in normal times, you could think that you are rich in shtf.

But in reality it was hard to find someone who give you some food or battery or whatever useful for one coin. Gold coin was not useful for 90 percent of people, what they could use it for? Eat it? Start fire with that?

(Excerpt) Read more at shtfschool.com ...


TOPICS: Business/Economy; Society
KEYWORDS: bodyarmor; buygold; buysilver; getreadyhereitcomes; gold; preparedness; preparenow; prepperping; preppers; selfreliance; shtf; silver; survival; survivalism; survivalping
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To: eXe
$1700/31 = ~$54

That isn't exactly small denominations.

The question is, would you accept gold payment from a complete stranger? I would not, without a third party verifier or a scientific method of verifying weight, purity, etc.

I would not accept a $1700 in $100 bills from a stranger without very close examination of the bills, and I feel a lot more comfortable with that.

Drilling in from the side of a 1oz coin, replacing with lead, and then resurfacing the edge could easily remove 20-30% of the gold without having to have top notch counterfeiting skills.

101 posted on 12/09/2011 6:07:03 PM PST by SampleMan (Feral Humans are the refuse of socialism.)
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To: GourmetDan; Travis McGee; archy
How do you know it works? Have you tested it?

If you've been following this thread you'll know Travis and I did business with the same company. Here's how I tested their products.

While I haven't actually fired a .44 mag at the vests I purchased for my family, I DID purchase some of the panels they had on sale for a ridiculously cheap price at the time and then I took them to the range. I wrapped the panels around a 5 gallon bucket filled with water and let loose on them with some full power JSP .44 mag rounds.

The buckets took a beating, but not one round penetrated. Not one.

IIRC, and this was about 5 years ago, I got 2 Safariland Level III vests for less than $600 bucks or so. They were PD trade-ins according to the fine folks at BPM.com. I believe them and I'm willing to bet my life on their products.

Don't believe me, though. Do your own research.

102 posted on 12/09/2011 6:09:55 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Travis McGee
Hedge in all directions. You won't know which will be your family's lifesaver until the day of need arrives.

Blessed are the flexible, for they shall not be broken...

103 posted on 12/09/2011 6:39:10 PM PST by papertyger (What has islam ever accomplished that treacherous, opportunistic, brutality couldn't do on its own?)
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To: archy
I'm relatively happy with an armor crewman's kevlar vest as my day-to-day *working vest* but I'm under no illusions about its ineffectiveness against rifle fire.

In the event of an imposition of "emergency" measures....I predict a veritable avalanche of permanently disabled LEOs suffering from "work related" hip injuries.

104 posted on 12/09/2011 6:50:48 PM PST by papertyger (What has islam ever accomplished that treacherous, opportunistic, brutality couldn't do on its own?)
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To: Kartographer

bttt


105 posted on 12/09/2011 8:03:13 PM PST by Pagey (B. Hussein Obama is weak, was born weak and as P.O.T.U.S. is a complete embarrassment to the U.S.A.)
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To: CGalen
I simply have to disagree.

Food and energy shortages. Hunger. No imports of good or oil. Something like the 1930’s but MUCH worse. The economic system coming to a halt, shortages in the stores, and lots and lots of police and military and obtrusive government controls and regulations.

If all of the above come to pass as we both think they will, why won't many of the local police fail to report for duty in lieu of staying home and protecting their own family and stored assets, if any? Nothing. Remember, they are unionized. No money, no work.

You are going to be seeing more police and more military on the streets, more government controls, more gun control, curfews, police roadblocks and safety stops, bank account restrictions, than you ever imagined in your entire life.

Again, the only boots on the ground that will eventually increase in numbers will be Federal troops. Or those Federal troops who can be mustered from the remaining corp of individuals who have not bugged out and headed home to protect family and their home front. Think about human nature. Police and military personnel are not immune. Again, no money or items to 'pay ' the troops? They will be going AWOL in HUGE numbers.

THIS!! is what is really going to happen, and when this happens, paper money, US bank accounts, stock certificates, your home, are not going to be worth anything.

My home will be worth the world to me. It will be my fortress, my armory, my food store, my central location for security. I do not intend to bug out. I will make my stand where I am and have been preparing for that eventuality for some time.

Our future almost certainly is not a jungle, but rather, an economic collapse, a dollar collapse, hyperinflation, and excessive government controls. It is here in this most likely future that gold and silver will be the only assets to hold value.

The government can try and they probably will but without overwhelming force...which I think they will be hard pressed to put into play...they will be met by a citizenry that is very sick of being subjected to Gubmint rule by self serving miscreants and will also be met with deadly force. A gun behind every blade of grass, if you will.

106 posted on 12/09/2011 8:12:56 PM PST by Bloody Sam Roberts (Attacking Wall Street because you're jobless is like burning down Whole Foods because you're hungry.)
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To: ataDude
Good grief. I believe in being prepared but... that also includes grammar, spelling and punctuation.

The author is from Bosnia so English is his second language.

107 posted on 12/10/2011 7:19:39 AM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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To: Free Vulcan
by guns, bullets, MRE’s, seed, canning jars, garden tools, wood stoves, water purifiers, etc., etc., etc., - things I can actually use to survive

Agreed. Doesn't hurt to have a bit of gold/silver if you had everything else fleshed out and still had money to put toward prepping. Those talking about it buying their way away from the bad places may be whistling past the cemetery. In decades past, battles were fought in specific areas and you could move the family away from the war zone. With today's technologies, a real world wide war would mean there would be no safe havens. I suspect with the current crop of evil world leaders, they wouldn't consider "the only winning move is not to play" (War Games movie) and plunge headlong into total destruction mode.

108 posted on 12/10/2011 7:39:04 AM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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To: simplesimon

Buy a bunch of regular steal wool - makes a great fire starter.......


109 posted on 12/11/2011 6:47:57 AM PST by birddog
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To: birddog

Yup it is and so is dryer lint ~grin~


110 posted on 12/11/2011 9:15:51 AM PST by simplesimon (You are entitled to your own opinions but not your own "facts"...........)
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To: birddog

Oh another thing that some of the folks in my living history club does is really nifty ~

They take one of those paper mache egg cartons and put a little bit of spanish moss ( saw dust would work as well ) and pour a weensy bit of parafin into each section of the egg carton . Then when they need to use one to start one of their camp fires, they just break or rip or cut one of the sections off and there ya go.

I tried this once and put a single match in the moss and then poured a weensy bit of parafin in the individual egg hole. Now that was a much better option than what they did.

But we keep using the mache egg cartons to store our hens eggs in ......
I’ll have to check at egg carton . com to see if they have the paper mache cartons. I know they do have the foam ones and so does Rural King , which is like a TSC store.


111 posted on 12/11/2011 9:25:40 AM PST by simplesimon (You are entitled to your own opinions but not your own "facts"...........)
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To: KarlInOhio
LED flashlights and batteries, In case of an EMP, those LED flashlights might not work. Keep a couple incandescents in your storage. They might not be as efficient or long lasting, but not much can go wrong with a circuit of a battery, switch, a couple wires and a bulb.

Highly unlikely that an EMP will affect LED flashlights or headlamps. There is not enough wire attached to the LED for the EMP to have effect. If you wish to be sure, put the led in a metal box like an ammo can.

112 posted on 12/11/2011 2:45:39 PM PST by marktwain (In an age of universal deceit, telling the truth is a revolutionary act.)
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To: Pollster1
Who knows who I am or where I live and that I have more of each than the average person? Not even my wife.

I usually just think it's cute when people have rich post-apocalyptic fantasy lives. But you're at the point that you're hiding food from your wife. And that's beyond cute.

It's hilarious.
113 posted on 12/11/2011 5:07:30 PM PST by aNYCguy
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To: Kartographer

“And because lawlessness will be increased, the love of many will grow cold.” Matt. 24:12


114 posted on 12/12/2011 8:17:28 AM PST by bjorn14 (Woe to those who call good evil and evil good. Isaiah 5:20)
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To: SampleMan

The simple answer to the lead filled coin problem is that you’ll make it underweight.

Or if you cast a fake of the right weight, it will be oversized.


115 posted on 12/21/2011 9:59:00 AM PST by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: Beelzebubba

That is only a simple answer if I carry a postal scales around with me.


116 posted on 12/21/2011 12:18:05 PM PST by SampleMan (Feral Humans are the refuse of socialism.)
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To: Beelzebubba

Tungsten is almost identical to gold in weight per volume. Tungsten isn’t cheap, but its far less than gold.

Inserting a tungsten disc into a sliced 24oz gold coin, and then resurfacing the edge would make for a tough detection problem.

Per the lesser karat gold coins discussed here for use as smaller denominations, a whole host of metals and alloys become usable.


117 posted on 12/21/2011 12:26:08 PM PST by SampleMan (Feral Humans are the refuse of socialism.)
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To: driftdiver; Pollster1
Not sure I understand the logic of not even trusting your wife.

When things get really bad such as the communist created Volga famine and Ukrainian famine, the fewer people who suspect you may have something, the safer you will all be.

In these type situations, anti-hoarding laws will be in effect. If discovered by authorities, all in the household are classified as hoarders and are subject to summary execution. Don't think you can store provisions in the attic or in wall voids, all those food hiding tricks will be known and searched for.

When cannibalism sets in, desperate people do desperate things. If you don't want to have to use deadly force against your neighbor or best friend, don't give them any reason to suspect you have provisions.

For certain, if you are sent to the Gulag far from anywhere and at some point two inmates approach you about joining them in an escape, don't do it. After about two days outside of camp, their plan is to use you as food for the remainder of their journey.

Don't believe me? Read accounts of the Russian famines and the Gulags.

118 posted on 01/02/2012 11:24:50 PM PST by fso301
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To: fso301

Oh bad things happened in Russia. There is a huge gap in between where having family and friends will increase your odds.

Further, how are you going to keep your wife unaware when you arent starving and have stuff to eat? If you are the kind of person who can let their family starve while you don’t then you indeed have learned from Stalin.


119 posted on 01/03/2012 2:46:23 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: fso301; driftdiver
"Not sure I understand the logic of not even trusting your wife." If you don't want to have to use deadly force against your neighbor or best friend, don't give them any reason to suspect you have provisions.

For us, it's simpler. We went through an unpleasant experience with being snowed in, and after that my wife agreed that it made sense to prepare for extended emergencies. She just said she didn't want to even be aware of how I was preparing, so I take care of everything quietly.

120 posted on 01/03/2012 3:29:49 AM PST by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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