Silver vs food/guns

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psi2941

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I'm a guy who is preparing for the coming US dollar collapse. i purchased lots of stuff lately to get ready. (rifles/handguns/ammo mostly)
So when i was at the flee market i came across someone who sold me 5 american eagle for 112 dollars.

lets say i have 30k and i want to protect my buying power or maybe even increase it. so my question is for the coming hyperinflation or dollar collapse what is the best thing to be in. would silver be a better option vs the Canadian dollar/Chinese RMB? or should i just invest in non perishable food? I would not mind investing with peter schiff firm however i'm afraid the US government might do some crazy things like confiscation (like they did with gold in 1931) so i prefer to have assets in my hand or in a different country.
 
psi2941 said:
I'm a guy who is preparing for the coming US dollar collapse. i purchased lots of stuff lately to get ready. (rifles/handguns/ammo mostly)
So when i was at the flee market i came across someone who sold me 5 american eagle for 112 dollars.

lets say i have 30k and i want to protect my buying power or maybe even increase it. so my question is for the coming hyperinflation or dollar collapse what is the best thing to be in. would silver be a better option vs the Canadian dollar/Chinese RMB? or should i just invest in non perishable food? I would not mind investing with peter schiff firm however i'm afraid the US government might do some crazy things like confiscation (like they did with gold in 1931) so i prefer to have assets in my hand or in a different country.
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http://www.apmex.com/Product/48687/2009_Silver_American_Eagles.aspx

$20.75 ea

I'm sure you came out ahead given shipping tho.

It depends a lot on whether you want to save to have value DURING a collapse, or to retain value for AFTER a recovery.

Contrary to what many of us like to think, bullion will not have a whole lot of value in the middle of a critical depression. Look at bullion for getting a jump-start when things start moving again.

To have barter items DURING the depression, non-perishable food is good, common caliber ammunition is likely better, and toilet paper is probably best of all.

Yes, there is more, but I'll let that come out during discussion.
 
The way I see it, simple things first. Food that you know you will eat is always a good idea. The price of food is not likely to decrease, so buy a substantial inventory of food that you normally would consume and if nothing else, you have realized a savings on food costs.

Guns/ammo have always been a good way to preserve value.

Silver/gold/etc. I have some. I don't know what the future holds. I hope that it does not go down in value and I pray that I never have to use it for barter.

Water, food, shelter, defense, savings. In whatever order you choose.
 
I guess the consciences will be i should invest in non perishable food.
Side note: i have about 1500 in 7.62 and 40 SW and 1000 in 223 and 250 in 12g 00 buckshot, do you think that will be enough ammo for during and after the collapse?
 
psi, if you want to get real serious about food storage, just google mormon and food supply and you can get some good ideas on what and how to store food. The key is to only buy food that you normally eat so you can keep your inventory moving. If you didn't know it, all mormons are supposed to keep a year's supply of food.
 
YumYum said:
Beer. Lots and lots of beer.....hic!
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Beer isn't stable long term--it will go bad within a few months.

Whiskey is better if you want to go the alcohol route.

You should have food and water stored for emergencies already. Your ammo supply is probably more than adequate for anything short of a total systemic collapse (in which case you probably aren't going to have an easy time of it unless you are a hardcore survivalist in a fortified mountain compound somewhere). You will be able to buy food and other supplies with silver, though it's purchasing power won't go up much relative to prices on other things like electronics, consumer goods, and real estate, so you might as well buy it now.
 
psi2941 said:
I guess the consciences will be i should invest in non perishable food.
Side note: i have about 1500 in 7.62 and 40 SW and 1000 in 223 and 250 in 12g 00 buckshot, do you think that will be enough ammo for during and after the collapse?
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Good, common calibers. Hopefully ZERO will be enough, but who can see the future?

You might consider 250 ea of .45ACP and 9mm for barter purposes. YOU may not shoot them, but they are very common, and if everything collapses, ammo will become currency for real.

Also, .308 and .30-06 are very common rifle rounds, might also be good for barter.
 
tmosley said:
Beer isn't stable long term--it will go bad within a few months.

Whiskey is better if you want to go the alcohol route.

You should have food and water stored for emergencies already. Your ammo supply is probably more than adequate for anything short of a total systemic collapse (in which case you probably aren't going to have an easy time of it unless you are a hardcore survivalist in a fortified mountain compound somewhere). You will be able to buy food and other supplies with silver, though it's purchasing power won't go up much relative to prices on other things like electronics, consumer goods, and real estate, so you might as well buy it now.
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Seriously, in the depths of a great depression, ammunition will be currency, and bullion will be decoration. If we are in a SHTF depression, bullion will be worth maybe 1/4 of it's current purchasing power. I would NEVER rely on bullion for SHTF barter.

Toilet paper, yes. Cigarettes, yes. Ammunition and food, obviously. Everclear, without a doubt. Bullion? No way in hell.

In a SHTF depression, people will barter what they can USE. Unless you are "bartering" with the billionaire elite, you will not get your value out of bullion.

Mind you, I am collecting silver myself.

But bullion is a STORE of wealth, which will become important once recovery starts.
 
I am pretty sure cigarettes, booze, and knives would sell. These are definitely barter items. During the Balkan conflict, cigarettes and whiskey would be bartered for guns and ammo. I'm pretty sure that this is a constant in other conflicts as well.
 
I think there are goods and companies that make or provide them that are going to SKYROCKET when the meltdown really intensifies......

those would be good investments.

In total breakdown scenarios, people will be eager to trade gold for food if they don't have any food!!!!
 
Glad Mark Dice hooked up with you. Physical possession of the FOUR B's is advisable, beans, bullets, bandaids and bullion.
 
I think many people on this board are wrong assuming an armagedon is comming. I lived in Russia when that country was going through hyperinflaton, government debt default, ownership law vacuume (no clear lawful ownership of anything), several governemnt takes overs, ... I can tell you that people still had food on their tables, there was a complete order on the streets, no guns or food stock were needed. Guns were helpful if you are trying to take over a factory from a previous owner who just proclaimed himself as such, or if you are trying to defend yourself after such a takeover, but for regular people who didn't willingly play such dangeroous games it was perfectly safe. We will not have property and businesses ownership wars in US. This is not a risk. Whatever happens to US in the comming years, I'm sure it would not be worse then it was in Russia. So all these talks about "investing" in ammo and non-perishable food is just not making sense.
 
echebota said:
I think many people on this board are wrong assuming an armagedon is comming. I lived in Russia when that country was going through hyperinflaton, government debt default, ownership law vacuume (no clear lawful ownership of anything), several governemnt takes overs, ... I can tell you that people still had food on their tables, there was a complete order on the streets, no guns or food stock were needed. Guns were helpful if you are trying to take over a factory from a previous owner who just proclaimed himself as such, or if you are trying to defend yourself after such a takeover, but for regular people who didn't willingly play such dangeroous games it was perfectly safe. We will not have property and businesses ownership wars in US. This is not a risk. Whatever happens to US in the comming years, I'm sure it would not be worse then it was in Russia. So all these talks about "investing" in ammo and non-perishable food is just not making sense.
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Russians are used to hardships; they know how to endure and survive, while Americans do not. Americans are violent and do not like to be inconvenienced. They do not like to wait in long lines and will start riots if their cable/satellite TV or internet is cut off. Many Americans take medications for mental disorders and if these medications are cut off Americans will start killing each other. Americans are armed to the teeth with guns and ammo. Our government knows this and that is why there are FEMA camps waiting for us. People are just preparing for the worst.
 
I have no idea what will happen. However, in the past, it was considered wise to plan for lean times and try to be self sufficient in the event of a disruption of any kind. If most people did the same, it would be the very definition of "homeland security". I'm not planning on waiting in food lines at the official food distribution center (walmart) and looking to the 'gubmint to save me.
 
I will take all your tinfoil, keep-dry matches, and dryer sheets, please :) Also, thick linens, tarps, and a reliable mess kit, not to mention nails. I don't think I'll personally need ammo. Catgut might be great, too, to save me the loathesome task of having to make my own. It's a vicious cycle. I'd have to trap the animal to make the catgut to then have a good chance of killing animals.

Find yourself at least three good knives that can be sharpened, and a pair of heavy duty scissors.

Of course, all this is SHTF stuff.

I agree that the foodstuff is a better bargain, and to invest in learning some new skills. At least you'll be really fun on the next camping trip.
 
echebota said:
I think many people on this board are wrong assuming an armagedon is comming. I lived in Russia when that country was going through hyperinflaton, government debt default, ownership law vacuume (no clear lawful ownership of anything), several governemnt takes overs, ... I can tell you that people still had food on their tables, there was a complete order on the streets, no guns or food stock were needed. Guns were helpful if you are trying to take over a factory from a previous owner who just proclaimed himself as such, or if you are trying to defend yourself after such a takeover, but for regular people who didn't willingly play such dangeroous games it was perfectly safe. We will not have property and businesses ownership wars in US. This is not a risk. Whatever happens to US in the comming years, I'm sure it would not be worse then it was in Russia. So all these talks about "investing" in ammo and non-perishable food is just not making sense.
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It all depends on where you live.....in the U.S. metropolitan areas are going to be rather disturbing places to be

It will be worse than this video (go to 3:OO minute mark).....get out of the cities while you still can.


[url=http://www.youtube.com/watch?v=rH6_i8zuffs]YouTube - Argentina's Economic Collapse - Part 1 of 12[/URL]
 
fj45lvr said:
It all depends on where you live.....in the U.S. metropolitan areas are going to be rather disturbing places to be

It will be worse than this video (go to 3:OO minute mark).....get out of the cities while you still can.
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Are there guns allowed in Argentina? I'd assume not. Imagine if all those people were armed like US citizens? It would/will be a war. :eek:
 
Still I think you are exaggerating. This video from Argentina shows a situation, which was rather an exception then a rule. Again, drawing a parallel to Russia’s 90s I remember there were some demonstrations and even armed fights between conflicting governments in Moscow, and I saw people getting squashed by tanks, and other much more violent footage shown on TV. So this Argentina clip is very soft, comparing to what I saw in Moscow. But overall only few people in Moscow willingly participated in these fights, very few people died. So out of 150M people only may be 1000 participated. I lived in the same city and watched all these events on TV as you watch the crime report about your neighborhood every day.

In US’s future sure there would be high unemployment, sure there would be no or less excesses, sure it would be very hard time for some people, sure there would be high crime rate, but I don't see people shooting at each other becoming a norm or even a problem. All this is given that on average Americans are as civilized as people in Europe for example.

If you consider average American to be psychotic and bipolar nut then all gloves are off :) And you are right.
 
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