Newly question, if you all will indulge me.
Suppose the banking system were to crash and we need to exchange out silver for something spendable. Do we wait for the U.S. currency to kick in rather than Fed Notes? My husband wants me to find all this out before we buy much more.
Thanks in advance.
> Suppose the banking system were to crash and we need to exchange out silver for something spendable. <
A related question would be: How would you sell your silver in such a situation?
If the banks were down, could you trust the Post Office or UPS to get your silver to a buyer? And would local coin shops even be open, and safe?
I guess you could go to your local grocer, and bargain with him. An ounce of silver for 20 cans of soup. But how safe would shopping be?
Don’t get me wrong. I’m not anti-silver or anti-gold. It’s good to diversify. But I do wonder about their value in a societal breakdown. As the old saying goes, perhaps beans and bullets would be more useful.
Do we wait for the U.S. currency to kick in
Suppose the banking system were to crash and we need to exchange out silver for something spendable.
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silver coins would be readily exchanged for goods in barter