{"id":310,"date":"2024-02-19T11:14:11","date_gmt":"2024-02-19T11:14:11","guid":{"rendered":"https:\/\/shtfschool.com\/?p=310"},"modified":"2024-02-11T03:18:06","modified_gmt":"2024-02-11T03:18:06","slug":"on-buying-gold-silver-for-survival-preparedness","status":"publish","type":"post","link":"https:\/\/www.shtfschool.com\/on-buying-gold-silver-for-survival-preparedness\/","title":{"rendered":"On Buying Gold & Silver for Survival Preparedness"},"content":{"rendered":"\n
I am very sorry because i have to destroy some popular opinions on some things, but i just have to do that. When i said and keep saying “no rules” i mean that. You can not have something like ideal preparations, you can only try to have it (and then hungry man down the road still might shoot you with his antique hunting rifle for a bit of flour). <\/p>\n\n\n\n
So again on bartering and gold and silver:<\/p>\n\n\n\n
No, gold and silver was not like second money, or second value during SHTF, it was not even worth like in normal times, and in most of the cases it was dangerous to have it a lot (actually it was too dangerous to have anything in great amounts and let other people to know that) If you had for example 1000 gold coins, and let s say that one coin worth 150 USD in normal times, you could think that you are rich in shtf.<\/p>\n\n\n\n
But in reality it was hard to find someone who give you some food or battery or whatever useful for one coin. Gold coin was not useful for 90 percent of people, what they could use it for? Eat it? Start fire with that?<\/p>\n\n\n\n
Only people which could use that gold were people who had connection to outside world, so they could use it for buying things trough their connections. In most cases they just used situation to acquire great amounts of gold for the future and in exchange for some simple things, like food, or fuel or…<\/p>\n\n\n\n
They did that because they had everything else.<\/p>\n\n\n\n
But thing is it was hard to make trade with people like that, because bad kind of people had connections or were gathering gold, so they can just gonna take that gold from you and give you nothing, or bullet in your head.<\/p>\n\n\n\n
So yes gold was useful and not useful, it dependeds what kind of people or group you belonged to.<\/p>\n\n\n\n
If we have worldwide crisis and you can not get food anywhere the first currency of choice will be food or useful things, not gold or silver. If you want gold to keep some kind of value for one day after all is over make sure you are prepped for long, long time crisis before that.<\/p>\n\n\n