Gold and silver bullion are not investments as such. They are hedges against disaster.
I have no intention of selling my silver for paper money. It is my hope that in the event of financial disaster it will be negotiable. But who knows? We are headed for a meltdown that has no precedent. Using the great depression as some sort of guide or predictor is worthless for any number of reasons.
If we never have that disaster and my silver sits for the next 20 years and goes up 0% in value, I’m thrilled. I consider my firearms in similar vein.
That's pretty clear to me.
There was a time in this country when firearms were used as “money” to barter...
I had an ancestor who paid some money and 38 “pistolas” for some land to build a church...about 1700...
I’ve read other accounts of spending weapons as cash also...