I visit a preparedness site daily and there is considerable discussion about acquiring as much silver as you can in case the SHTF. If green backs become worthless silver would then be used as a trading medium. Coins and bullets are among the first things hoarded, not to mention toilet paper.
I for one don’t understand. People keep touting crypto and PMs for when things fall apart.
So lets go down this path...
If things fall apart, no or limited power = no use for cryptocurrencies. Why hedge them for SHTF? I have no interest in buying crypto even for gambling for a buck these days.
If things fall apart and the dollar is worthless, will PMs actually have any tangible value until things settle and a new system emerges? People will be trading for food and basic necessities. The value of silver/gold will be wildly unknown for awhile I’d wager. Would you trade 10lbs of food for 100 ounces of gold if you have no assurance that anyone would accept the gold for food/necessities purchases later? Would a new system even place any value on PMs?
I’ll stick to lead.