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Preppers' Ping Silver and cash
8/5/15

Posted on 08/05/2015 3:47:11 PM PDT by Kartographer

Sending this to all you preppers':

First I got a FReep Mail today tell me that a fellow prepper went to the bank today to get some cash to have on hand mostly one's and quaters (This I recommend) the small the denomnations you us the less like someone is to rob you. It took the bank a good while to gather up the ones that they wanted, it turns out the banks are keeping only limited amounts of cash on hand.

The second Freep mail I go was asking about buying and keeping silver on hand for SHTF. I have only small experence with metals (Other that lead and brass)so I am puting their questions out to you.

Many preppers are buying silver and the price is now affordable for me-would you post my question to the group?

What are the best kinds to get?

I was thinking of mixing it up with a combination of 1oz bars & junk silver, but I’m not sure if this is the right thing to do.

Funny thing I have used my prepper funds to buy thing to keep me and mine alive. I do have some trade goods, but very little in metals, but to show just how FReepers are equal opertunity 'bitchers' I have got a number of down right nasty post and Freep mail some accusing of being a Gold bug metals troll and I've gotten e-mails from gold bugs because I push preps over metal! Go figure!!


TOPICS: Business/Economy
KEYWORDS: preppers; prepperscash; preppersmetals; prepperssilver
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To: editor-surveyor

That’s WHY almost all of my Retirement Account is in PMs.


81 posted on 08/05/2015 5:58:50 PM PDT by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: PA Engineer

Yes I know, but it would be a lot more work and would produce inconsistent results.

Either way, I think if it really comes to pass, people are going to want to break up their highly valued coins into smaller pieces.

Maybe.

No one knows.


82 posted on 08/05/2015 6:00:27 PM PDT by Zeneta (Thoughts in time and out of season.)
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To: The Duke
I know you you mean about out of the box old vehicles.
Anything earlier than 1967; points, plugs, and condenser.
But you need to keep them in running shape, and today's fuels can really destroy an older carb vehicle.
83 posted on 08/05/2015 6:02:51 PM PDT by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: Kartographer
Find and buy pre-1962 nickels and dimes. These contain the highest amount of silver...as I recall upwards of 70%. They'll be great for post SHTF bargaining and barter.

Search on articles on SurvivalBlog.com. lots of good info there on finding and procuring.

84 posted on 08/05/2015 6:07:29 PM PDT by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: wrench

Until you go to selling the I am sure the IRS will be right there to give you a haircut or take you to jail.


85 posted on 08/05/2015 6:07:55 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: mumblypeg
I am so screwed.

You been talking to Lazamataz?

86 posted on 08/05/2015 6:09:23 PM PDT by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: Iron Munro

Hee Hee Hee...............No you cannot eat silver This is true, but what can SILVER DO???

Like werewolves and vampires, bacteria have a weakness: silver. The precious metal has been used to fight infection for thousands of years — Hippocrates first described its antimicrobial properties in 400 bc — but how it works has been a mystery. Now, a team led by James Collins, a biomedical engineer at Boston University in Massachusetts, has described how silver can disrupt bacteria, and shown that the ancient treatment could help to deal with the thoroughly modern scourge of antibiotic resistance. The work is published today in Science Translational Medicine1.

“Resistance is growing, while the number of new antibiotics in development is dropping,” says Collins. “We wanted to find a way to make what we have work better.”

Collins and his team found that silver — in the form of dissolved ions — attacks bacterial cells in two main ways: it makes the cell membrane more permeable, and it interferes with the cell’s metabolism, leading to the overproduction of reactive, and often toxic, oxygen compounds. Both mechanisms could potentially be harnessed to make today’s antibiotics more effective against resistant bacteria, Collins says.

Introduction

The antimicrobial properties of silver have been known to cultures all around the world for many centuries. The Phonecians stored water and other liquids in silver coated bottles to discourage contamination by microbes (Wikipedia: Silver). Silver dollars used to be put into milk bottles to keep milk fresh, and water tanks of ships and airplanes that are “silvered” are able to render water potable for months (Saltlakemetals.com). In 1884 it became a common practice to administer drops of aqueous silver nitrate to newborn’s eyes to prevent the transmission of Neisseria gonorrhoeae from infected mothers to children during childbirth (Silvestry-Rodriguez et al., 2007).

In 1893, the antibacterial effectiveness of various metals were noted and this property was named the oligodynamic effect. It was later found that out of all the metals with antimicrobial properties, silver has the most effective antibacterial action and the least toxicity to animal cells (Guggenbichler et al., 1999). Silver became commonly used in medical treatments, such as those of wounded soldiers in World War I, to deter microbial growth (Saltlakemetals.com).

Once antibiotics were discovered, the use of silver as a bactericidal agent decreased. However, with the discovery of antibiotics came the emergence of antibiotic-resistant strains such as CA-MRSA and HA-MRSA, the flesh-eating bacteria. Due to increasing antibiotic resistance, there has recently been a renewed interest in using silver as an antibacterial agent. The availability of new laboratory technologies such as radioactive isotopes and electron microscopy has greatly enabled us to investigate the antibacterial mechanism of silver in recent years


87 posted on 08/05/2015 6:15:26 PM PDT by chicagolady (Mexican Elite say: EXPORT Poverty and Let the the Stupid AmericanTaxpayer foot the bill !)
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To: ChildOfThe60s
“You could be a tribal king with sufficient stores of toilet paper for all we know.”

In the land of the blind, the one-ply man is king.

88 posted on 08/05/2015 6:17:01 PM PDT by IAMNO1 (Enough with the divisions. Lets get somebody in there who'll fix this mess.)
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To: gorush
I am tired of hearing this. Many many people will believe that whatever the crisis, that it is only a temporary thing. They will be happy to take your coins in return for items at inflated prices.The government and what media is operating will be lying through their teeth and saying it is just temporary.
I can't trade you a tractor part that you don't want. But I can sell it, get silver coins, give them to you for food,etc. Then you can give them to some else for fuel,etc. Finding someone to trade, and each having exactly what the other wants will be about impossible.
Human species creates money. Apparently, in prison, they trade cans of mackerel. No body ever eats it, it just has become currency. Some may do life and never eat it, but they need a monetary system. Money goes back to the beginning of mankind's history. Why would it change now? Just might be a different form.
89 posted on 08/05/2015 6:22:19 PM PDT by Aut Pax Aut Bellum (I love my dogs, but a .45 is man's best friend...)
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To: peyton randolph

Coins are more recognizable for the layman, and easy to look up in an older newspaper,etc to set a value to it.The black market will quickly set a value to each. Canadian Maple Leaf, US Liberty, etc. $15+/- per coin isn’t bad.


90 posted on 08/05/2015 6:26:22 PM PDT by Aut Pax Aut Bellum (I love my dogs, but a .45 is man's best friend...)
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To: Iron Munro
You can’t eat a silver dime or a gold ingot.
Pilots in WW2 were issued gold coins for bribes if downed and had to evade. Many men will sell their soul for gold.
91 posted on 08/05/2015 6:29:32 PM PDT by Aut Pax Aut Bellum (I love my dogs, but a .45 is man's best friend...)
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To: editor-surveyor
The problem is that it is difficult to get people to accept them as ‘money.’

When it takes a wheelbarrow full of inflation ravaged devalued fiat money to buy a loaf of bread people will accept them instead of money.

92 posted on 08/05/2015 6:30:18 PM PDT by immadashell (The inmates are running the asylum.)
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To: sten
when the shtf, all paper currency will be worthless. commodity assets like fruits, meats, grains will have value. as will medicines and modern products like cigarettes, generators, etc. as production is no longer within the US, scarcity will make the value of most goods skyrocket.

Great argument for a remote hidey-hole and lots of ammo.

93 posted on 08/05/2015 6:51:07 PM PDT by norton
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To: sten

“silver and gold are representations of wealth that cannot be easily diluted or forged.”

That reminds me of a device that a PM dealer showed me recently. It’s a method to verify the authticity of your PMs (Au, Ag, Pt, palladium). It uses conductivity to determine the composition of a coin or bar. Most coins are alloys, so they usually contain a little copper to make them harder. The conductivity of each coin is specific so you can determine whether you have a krugerrand, maple leaf, or gold plated copper or tungsten fake.

When/if SHTF, fakes will abound and this device will be invaluable.


94 posted on 08/05/2015 6:53:38 PM PDT by grumpygresh (We don't have Democrats and Republicans, we have the Faustian uni-party)
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To: PA Engineer

LOL! No one will be “home”!


95 posted on 08/05/2015 6:57:47 PM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: wrench

Now think about this
You got a lot of “stuff”, some extra to trade
And you choose to do business (and reveal your location and the fact that you have extra “stuff”) .... with someone who wants AMMO?

What if he shows up with a whole bunch of others (followers) who want to trade in AMMO and now they all know where you are and that you have AMMO and stuff


96 posted on 08/05/2015 7:04:28 PM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: IAMNO1

Good one


97 posted on 08/05/2015 7:08:22 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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To: IAMNO1

Good one


98 posted on 08/05/2015 7:08:23 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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To: Kartographer; jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...

Goldbug ping.


99 posted on 08/05/2015 7:12:25 PM PDT by Jet Jaguar
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To: immadashell

There will be no inflation.

That is essentially the issue that will cause the bankers to decide to end the use of cash.

If there is no ‘penalty’ of inflation to holding cash, as people are definitely doing now, the banks become an unnecessary middle man.

You’re looking to an event that will never happen.

The Man of Sin’s avenue to power is the abandonment of physical cash that people are holding in large amounts presently.

Deflation is the dominant condition at this moment, and it will grow.
.


100 posted on 08/05/2015 7:13:52 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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