Gold and Silver SHTF

Discussion in 'Survival & Sustenance Living Forum' started by rman598, Nov 24, 2013.

  1. rman598

    rman598 New Member

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    Lets say there's some **** that goes down. In a rural area where people know how to hunt and fish and farm and live off the land, will gold and silver be uselful. Would you be able to buy a box of ammo for 2 ounces of silver or and ak for an ounce of gold. Do you think people will accept it as a currency. I think it's really up to the people who are stocked on food/ ammo/ supplies.
     
  2. towboater

    towboater Active Member

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    I'd think in the beginning that It would not have much value. But later as civilization returns it will once again be used for buying and trading.
     

  3. JTJ

    JTJ Well-Known Member Supporter

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    You can not eat gold or silver so bartering will probably be the immediate currency. Some people will take metal for future use if they are not hard pressed to survive. Food, fuel, medical, weapons, ammo, unpowered hand tools, clothing and of course booze. Basic necessities will be the trade items. A few books on wild foods and how to trap would be pretty useful items. Forget electrical devises unless they are solar and batteries.
     
  4. c3shooter

    c3shooter Administrator Staff Member

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    Well, we have been over this a few times- but the fire is burning well, and it is not quite bedtime yet- so let's take another turn at this.

    Man is a trading animal. Once you get to the upper end of the hunter/ gatherer thing, they start swapping with other peoples. Gold and silver have limited intrinsic value of its own (dandy electrical conductors, gold does not tarnish, etc.

    BUT- there is no way to make more of it, and it is scarce- so it makes a good TOKEN of worth that can be easily stored and traded.

    It is now 5 years after the SHTF event. The lazy and stupid (and unlucky) are now compost. The rest of us are getting along. Now, old C3 makes some really fine handmade whisky. You would like a jug of it, and he happens to like the venison sausage YOU make. No problem, and no silver needed. You bring him sausage, he gives you corn whiskey, you are both happy.

    Change in situation- You want C3's finest, but you no hava sausage. You are farmer. you have potatoes. Bubba down the road makes sausage, and he wants potatoes. You can haul 200 pounds of potatoes to him, get 20 pounds of sausage, and haul THAT to C3 to get your shine.

    Or you can sell to potatoes to Bubba, take his 2 silver dollars, go to C3's place, pay him for the shine, and let him go get his OWN durned sausage.

    Even in frontier settings, people would still bargain, barter and trade. Otherwise there would have been no storekeepers, no Sears catalogs, etc. Money in any form- gold silver, bank notes, wampum, or big round stones with a hole in the middle- is a SYMBOL of worth that a people have agreed on. If a govt plays fasts and fancy free with paper money, the worth can drop drastically (see Germany just before WW2) but the relative worth of precious metals to goods stays fairly constant.

    If I were starting to put together rainy day supplies, metals would not be my first thing, and surely would not be my ONLY thing- but a few rolls of pre-1965 quarters take up little room in the gun safe, and can be bought for little above the spot price of silver. And who knows- they might come in handy one day. Like when C3 is running a special on apple brandy. :D
     
    Last edited: Nov 24, 2013
  5. kbd512

    kbd512 Well-Known Member Lifetime Supporter

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    If you have an ounce of gold, you can buy yourself a top-of-the-line Arsenal AK right now, which would be all that I could recommend someone do with an ounce of gold. If you have a few ounces of silver, you can buy yourself a case of ammo for it.

    If your gold or silver does not have "US legal tender. Accepted for all debts public and private." stamped into it, then you don't have money, you have something that can be exchanged for money.

    All the shiny metals in the world won't help you when what you really need is a dependable lead chucker and a pile of lead to chuck.
     
  6. rman598

    rman598 New Member

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    I agree :) I do happen to make some nice venison jerky. You really make whiskey? If you do thats pretty cool.
     
  7. c3shooter

    c3shooter Administrator Staff Member

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    I would never EVER admit to breaking a US law- such as the ones enforced by the Bureau of ALCOHOL, tobacco and firearms. nutkick.gif

    ESPECIALLY in a public forum. However, it is perfectly legal to STUDY fermentation and distilling. Even if your family does have a history of making untaxed alcohol that goes back to when they were dodging His Majesty's tax collectors. I am a law abiding citizen, I am.



    However, 5 years after SHTF, stop by and look me up. Ring the bell, wait. Do not want to lose a potential customer....
     
  8. rman598

    rman598 New Member

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    Its legal to make whiskey at home you know.
     
  9. rman598

    rman598 New Member

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    just kidding nsa hahaha
     
  10. rman598

    rman598 New Member

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    You just need to pay about 20k in taxes
    and at least 50 for a lawyer to get it done. Its crazy how much it costs.
     
  11. MoHawk

    MoHawk New Member

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    I agree that bartering will be currency at first. Eventually, Gold and Silver will make a comeback in a SHTF scenario. And, it's not a terrible investment now.
     
  12. JW357

    JW357 New Member

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    ^ Agreed ^

    Also I think C3's scenario is nicely put.
     
  13. c3shooter

    c3shooter Administrator Staff Member

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    Yes, it IS perfectly legal to make whiskey at home.



    As long as home is not in the US. :rolleyes:

    Beer and wine? Oh HELL yes! But play with the magic of 172 degrees F, you might as well be making methamphetamines or nerve gas for the legal impact it can have.



    BTW, ever heard the Ballad of Bexar County? AKA Copper Kettle?


    Get you a copper kettle, get you a copper coil
    Fill it with new made corn mash and never more you'll toil
    You'll just lay there by the juniper while the moon is bright
    Watch them jugs a-filling in the pale moonlight.

    Build you a fire with hickory, hickory, ash and oak
    Don't use no green or rotten wood, they'll get you by the smoke
    You'll just lay there by the juniper while the moon is bright
    Watch them jugs a-filling in the pale moonlight.

    My daddy he made whiskey, my granddaddy he did too
    We ain't paid no whiskey tax since 1792
    You'll just lay there by the juniper while the moon is bright
    Watch them jugs a-filling in the pale moonlight.
     
  14. partdeux

    partdeux Well-Known Member

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    gold has always been and will always be the worlds reserve currency. Occasionally a country will convince the world that Gold is no longer necessary, but it never lasts long.
     
  15. rman598

    rman598 New Member

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    Yea it doesn't make much sense. I haven'tread it becore but its a good poem
     
  16. Mouser

    Mouser Member

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    I have made a conscious decision to not invest in gold and silver...instead I am choosing to invest in lead, steel and gunpowder. It is much more fun to invest in weapons than gold and silver as most of you know! :)
     
  17. Anna_Purna

    Anna_Purna New Member

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    I for one wouldn't want to go into a town with gold and silver when the SHTF situation happens and wanting to buy anything. By then it'll be too late and anyone on the wayside could have whatever they want from you. Best to stay low and ride it out
     
  18. c3shooter

    c3shooter Administrator Staff Member

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    [ame]http://www.youtube.com/watch?v=nGlt4W4AXRU[/ame]
     
  19. rman598

    rman598 New Member

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  20. nitestalker

    nitestalker New Member

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    It has happened before. The "Pilgrams" were starving at Plymouth Colony. They first accepted charity from the NDNs. They later traded with the NDNs. By trading they found where the NDNs stored their corn and squash etc.
    It was then that they killed the NDNs and took every thing. Do you think people have changed?:eek: