Posted on 04/17/2012 7:37:52 PM PDT by Broker
Should our fine financial system cease functioning cash will become a rare and precious medium. Over the years Americans have exchanged paper currency with confidence. Yet, today everyone's cash is a digital value out of hand. Our vast nationwide cash money market holdings greatly exceed any paper currency supply making any Bank run a momentary event. Should the financial house of cards crash, holders of green back US Dollars will be able to engage in trade. Gold hoarders will not know what to do. Credit cards won't work. Checks won't either. If you can't barter, cash will be king. Get cash and stash it. Money markets pay nothing and can't truly guarantee any liquidity when you really need it.
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What’s your 20?
$20s = 2 inches height
“Recommend your stash be in $20s, $10s, $5s and $1s. Keep it safe.”
You are 100% correct. Hand me your stash and I’ll keep it safe.
except the usually when TSHTF like it has before, it took a wheelbarrow full of cash to buy anything
the government will keep the printing presses running overtime
cash will be nothing more than paper to light a fire. gasoline will be non existant and if you had it, it and you car would be quickly stolen if caught driving down the road.
food, ammo, guns, clothes, firewood, vitamins, medicine, fresh water will be the ONLY currency.
When it does hit the fan, cash will be nothing but kindling and toilet paper.
Great point but we live in a digital world today, it was ALL CASH then.
. In our future, nobody will have cash. Nobody has wheel barrows either .. What ever they are?
Toilet paper is the poor man’s gold. Liquid detergent is liquid gold. They’ll probably work too.
I think you’ll be right on for....about two weeks. A month, tops.
To the extreme your have all approach is correct. But if you need to trade and can’t barter cash option is useful. You might make a friend and remain locked and loaded.
Old cash is good for toilet paper, but you have to sterilize it first. New cash is great for patching holes in you shoes. You know it is made from cotton?
But seriously, gold and silver coin.
22lr, 9mm, 40SW, 45ACP, 38sp, 223Rem, 308Win, 7.62x39 -- the new currency.
“food, ammo, guns, clothes, firewood, vitamins, medicine, fresh water will be the ONLY currency.”
Just like Mad max and Book of Eli.
Coins will be more valuable
Coins will be more valuable
I'll take my chances with 30.06 hardball.
Show an active precious metal/coin market operating today used directly for goods and services please. You gold coin for a loaf of bread? You will use your gun before spending the gold. Tell me you wouldn’t .
Dome shaped lead coins about 9mm in diameter are going to be the currency of the day in the not too distant future.
Shh..... That's Jug Ears Secrit "Cut the deficit in half trick"!
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