Gold Or Silver For Fire.

I've give something a lot of thought,for people that have bought up a lot of gold and silver for say a coming crises and very little else.if there was no more walmart's or any stores and they were cold or hungry what would the value of a dollar lighter or a box of matches be worth.and precious metals wouldn't be worth a lot to sell one of yours if you couldn't replace it.i know there's several ways to start a fire but maybe not for someone that thought money would always buy what they want ,am I wrong?

 

I am not so sure I agree with your assessment. First off no one here at Monkey has said Silver and Gold is and end all to bliss and survival. We all stress a wide view possible catastrophic event where Self Sufficiency with out dependence on Government to keep us alive and happy. Fiat Money without the backing of Gold and Silver, historically almost always fails. When that failure occurs, hyper inflation / near instantaneous devaluation of the fiat currency occurs to the tune of 100 to 1 or 1000 to 1 or even 10,000 to 1. In other words the dollar would become worth less than a single sheet of good toilet paper. Gold, Silver, Gem stones, Trade goods of all sorts, food, tools, excess ammo, ...... almost anything basic will have more value than the previous fiat currency. Supply and demand will dictate value. Somehow I can not accept your premise that an ounce of pure gold will only buy a few cans of food and some firewood. jmho

 

interesting and good post ..Like 99% of the post on here ..
I love seeing other peoples views.(sometimes i get worked up and like to argue } but only sometimes!!
I believe gold and silver will always be worth something ...

 

I only bury my silver...Gold I cannot afford.

 

Because gold and silver had no value during the dark ages right?
Because gold and silver had no value during the fall of Rome right?

Smarten up.

Post SHTF, an oz of silver will get u 1 week worth of food,
Post SHTF, an oz of gold will get u a hand made new suit or a nice gun.

 

Actually....you can eat gold, and it is supossed to improve your health, flakes in suspension will decrease joint pain, cloth of gold, can indeed be worn, and would likely protect you from lightning if it covered you fully, build a shelter with gold bricks would indeed be quite doable, just like an igloo, and starting a fire with gold or silver is child's play by solar reflector or parabolic dish. Concentrated sunlight will clearly start fires. Heat reflector for fires once they are burning, will increase heat output, as well as heat water or food. A silver tub with a fire bowl would heat quickly and thoroughly, as nothing transfers heat better than silver. And silver being anti bacteria, would purify water placed in it, such as a bowl or pot.
So I don't think it will ever be thought of as useless. (Silver moreso than gold.)
The value of any metal, is in how it can be used, not what it weights.

 

KELLROY your so Smart!!!!!

 

Lets say you raise chickens and wish to trade 8 or 10 of them for a pistol, but the person you wish to barter with is looking to trade his pistol for heirloom seeds to plant in his garden. Now lets assume that the person with the seeds has no need for a pistol, but is really looking to obtain a few gallons of fuel to run his tractor.... wouldn't it be nice if there was some form of universal currency? Something of value that could be exchanged for all of the above goods? Wouldn't silver or gold be the likely answer to this problem?

 

I am just happy that you are opening your eyes to possibilities. History, even collapses has things to teach us. If you ignore history with a view solely to the future expect problems (same old crap here folks, eon after eon, pay attention for pete's sake). Histories problems are problems and failures of man, and they will rise up and bite you if you are not aware. Gold, Silver, and Gem stones have been pretty trinkets of value for millennium. Post shtf, I will gladly give you a few cans of food and some firewood for your one ounce gold coin. I am a believer in that history repeats itself. You are free to do what you deem to be appropriate for you. That's what free will is all about. Good luck to you one and all. Live and learn, or .....

 

I thought it was Gold & Silver as in Real Cash /Grass or A$$..
Sex was & has always been trade-able.

Just Funnin ya's

 

Personally, I put my spare income into: lots and lots of ammunition, (enough to use for barter) spare parts for a nice selection of carefully chosen survival firearms, and a few other essentials like: hand tools, propane lighters, rope, cord, snare wire, and trauma supplies. The way I look at things: The rest is up to God!

ADDED: And, of course: salt, chlorine bleach, and a 40 lb. sack of brown, organically grown, long grain rice that we always keep on hand. (There's, also, a state-of-the-art mountain bike that, admittedly, I don't often ride anymore; but I still keep it ready-to-go.) All this, God, a Bible, fate, fortune, and destiny. What more can any man do!

 

It really has nothing to do with gold and silver.
It is trade / barter.
You can only trade if you have two willing participants.
If I've no need for your jerry can of gasoline, there is no way you can make me take it for a sack of wheat.
If I've no need for soap, there is no way you can trade me for a sack of wheat.
Now, if you have a fifth of Drambuie, I'll trade you for a sack of wheat.

For any trade to take place, you must have two willing participants. It doesn't matter the commodity in question.

I see gold and silver as a hedge against uncertantity, not the world coming to an end. In the Weimar republic as the Mark fell into hyperinflation, gold and silver maintained their purchasing power. If you were only holding paper marks, you were burning it as you couldn't spend it fast enough to avoid the hyperinflation. Those that had jingle in their pocket were way better off than the paper dolls.

Gold/Silver Prices Under the Weimar Republic's Inflation | Peace . Gold . LOVE

 

Couldn't agree more. Through out history humans like the stuff that sparkles and shines-no reason to believe that will change in what we would consider PSHTF. One must try and think ahead. Kinda like buying 1,000 FN-FAL/M16 20 mags NIB back when they were 5 bux a mag and sitting on them for a number of years...

 

I agree with you guys here that think of PM's as a post SHTF investment. During SHTF with no end in sight it would not be wise to trade anything that will keep you alive for PM's unless you have a large excess of that item. People on a limited prepper budget need to concentrate on what you need to stay alive when it goes down and then if you have extra money invest for the aftermath.

 

I guess its according to what the crisis is and how long it may last,the simplest thing now will be hard thing to get without stores or most jobs operating.im just putting everthing I come accoss up that may be needed later