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To: elcid1970
At least silver can be used to buy or barter.

Barter for what? Serious question. If things get bad, why would I want to trade with you for metal? I'll want to trade and barter for things I can actually use and need. Metal won't be one of things when store shelves are empty.

32 posted on 07/27/2015 5:51:31 AM PDT by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: Ghost of SVR4

Ok so you need penicillin and the penicillin guy lives 50 miles form you. In your pure barter system you have to haul 3 100 sacks of wheat to barter for penicillin. Not practical. In a low civilization scenario there will be money and it will be something precious and it might as well be gold.


33 posted on 07/27/2015 6:03:07 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Ghost of SVR4
Serious question. If things get bad, why would I want to trade with you for metal?

Because of the expectation that one day things will get "unserious". And because there are others who will also be interested in metals for the same reason. A medium of exchange is necessary (maybe not 'necessary', but so darn useful we'll always have one).

As for gold, it's really more a matter of holding value until things come around. If you need to protect several hundred thousand dollars, anything else is just too heavy.

34 posted on 07/27/2015 6:13:30 AM PDT by Darth Reardon (Is it any wonder I'm not the president?)
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To: Ghost of SVR4

A case of Scotch would be better for bartering purposes.

And ammo, firewood, water, food, etc., assuming you have more than enough for you and your kinfolk.


35 posted on 07/27/2015 6:14:12 AM PDT by july4thfreedomfoundation (Liberals are like the Taliban and ISIS....destroying cultural icons they don't like.)
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To: Ghost of SVR4

I see your point.

Ammo in standard calibers will be traded like money if there’s a currency collapse.

The value of .22lr, 5.56mm, 30-06, 9mm, 7.62mm (NATO, Russian, AK-47) .38/.357 will be quickly established.

Time to buy more. Never owned gold, don’t plan to.


46 posted on 07/27/2015 6:49:15 AM PDT by elcid1970 ("The Second Amendment is more important than Islam.")
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To: Ghost of SVR4
If things get bad, why would I want to trade with you for metal?

For the same reason you trade with dollars now instead of bartering -- it's more convenient.

67 posted on 07/27/2015 8:30:05 AM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: Ghost of SVR4
Barter for what? Serious question. If things get bad, why would I want to trade with you for metal? I'll want to trade and barter for things I can actually use and need. Metal won't be one of things when store shelves are empty.

I don't agree. If things go badly, after an ugly settling out period, trade will resume. If I want you to do some carpentry for me, and I have vegetables, you may not want enough zucchini to feed an army in return for your week of labor. If other people value silver, you might want the coins I got from 50 people in return for that zucchini, since it is much easier to carry and doesn't spoil. You can then trade a little silver for beef jerky, a little for flour, a little for cheese, etc.

All that junk silver will jump start a transition from barter to a trade economy and help us move out of a Mad Max world or whatever happens in an economic collapse. Gold and silver coins are scarce, and they carry real value if people see them as a convenient way of symbolizing the value of the goods or services they were traded for. Coins as money worked from 3,700 years ago to 100 years ago just like paper money today (but inflation-proof if they are not shaved down or diluted with a higher proportion of base metal).


75 posted on 07/27/2015 9:19:13 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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