School Me On Physical Fractional Silver / Gold

[worddoer]

Just to clairify...

This is not for wealth building. We have other processes already in place for wealth building.

This will not be a large amount. At the most, maybe the equivalent of 1 month of income. This is a small prep / hedge for SHTF situations. I want an additional option for bartering in case it becomes necessary.

 

[bwframe]

... I want an additional option for bartering in case it becomes necessary.

Not to thread jack, but I have often wondered how in SHTF would one barter with gold or silver? What is the likelihood of the one you might be bartering with having the knowledge to be able to accept gold or silver?

 

[Nugget]

Not to thread jack, but I have often wondered how in SHTF would one barter with gold or silver? What is the likelihood of the one you might be bartering with having the knowledge to be able to accept gold or silver?

Or not just trading you a few hundred grains of lead for all the gold and silver you have on you?

 

[Magyars]

Not to thread jack, but I have often wondered how in SHTF would one barter with gold or silver? What is the likelihood of the one you might be bartering with having the knowledge to be able to accept gold or silver?

I can see a day coming where silver will/may be used in Day to day purchases and gold for large items or property taxes and such.
I believe a few states have recently voted to recognize gold/silver as a legitimate form of currency

 

[spencer rifle]

During the collapse in Venezuela, parts of the country where gold was mined used dust and shavings to pay for everyday items. Our currency is headed that way.

https://financialpost.com/news/econ...d,rendered almost worthless by hyperinflation.

 

[snorko]

Read Ferfal's book. The world doesn't have to go full Mad Max for currency to become dirt.

Amazon product ASIN 9870563457.

 

[Leo]

Snorko is right, things can get goofy. Post WWII germany devalued their currency 50% in one month. A couple of brauts and beer got pricey in a hurry. There are pictures around of other European countries where people are burning paper money in cook stoves because it became value less.


When our fiat paper illusion of wealth collapses, everyone will learn the barter system pretty fast. Yes, whatever supplies you have stored to sustain life, will only be yours if you can defend it from the suddenly desperate people who did no planning. It will be sad times, with few real friends.

 

[Leo]

I just did a quick google search:

Below is a list of US states that accept Gold and Silver as legal tender:

• WEST VIRGINIA. By a unanimous vote on March 8, the West Virginia Legislature approved Senate Bill 502, originally introduced by Sen. ...
• WYOMING. ...
• UTAH. ...
• ARIZONA. ...
• KANSAS. ...
• OKLAHOMA. ...
• TEXAS. ...
• INDIANA.

With that information, In addition to buckets of beans and a few boxes of 30-06 cartridges, it may be a good idea to have enough bullion to pay the property taxes on your house. That way the government does not have an excuse to take your property.

 

[spencer rifle]

With that information, In addition to buckets of beans and a few boxes of 30-06 cartridges, it may be a good idea to have enough bullion to pay the property taxes on your house so the government does not have an excuse to take your property.

Don't forget the alcohol and antibiotics to go with the ammo and aliment.

 

[ZurokSlayer7X9]

Read Ferfal's book. The world doesn't have to go full Mad Max for currency to become dirt.

Amazon product ASIN 9870563457.

That's where I got some of my info. I used to love watching the podcast Fernando and Matt Bracken would do, but I don't believe they do it anymore. Not only that, but Fernando came out against the first amendment in one of his videos, and changed his stance more than a flip flop on the covid hysteria. Still study his books, though.