Silver?

[jeager]

Anyone consider silver as shtf currency?

Pro'ly I posted this someplace else here.

Can be had in as small as 1/10th ounce.

https://www.jmbullion.com/silver/silver-rounds/fractional-silver-rounds/

There are other places to purchase silver but I doubt prices are different.
Spot price is spot price.

I have some and getting more as money permits.
Especially the fractional coins.

[Buggyout]

Can't eat silver! Or drink it. Or shoot it. Or heal yourself with it.

Rice
Beans.
Booze.
Bullets.
Medication.

In my humble opinion, these are the best barter items for a complete SHTF. I'd also throw in toilet paper! Haha.

Precious metals, jewelry, cold hard cash - Works for minor poop hit the fan events. If we go totally medieval I'd shoot for stuff people "need" not "want'.

-Buggy

[jeager]

Rice
Beans.
Booze.
Bullets.
Medication.

Yup I agree but a less than shtf is more likely than a major shtf.
Just my 2 cents worth.

[lalakai]

gotta go with Buggyout on this one........though my list might be a bit longer :-)

[Applejack]

I to agree with Buggyout. Silver and gold might work for buying things in the very beginning of a SHTF as well as currency. But sooner or later people are going to have to eat and have other needs as well. Bartering using food, such as rice, beans, etc. is going to become the new silver and gold. I do have a bit of silver and gold but it will not do much good at some point in time in a SHTF situation. I am no longer in the market to buy any silver or gold. It won't do us any good after a while.

[jeager]

O.K. I see your points.
Food, ammo, knives, are more important than silver coins.
Can't boil, bake, fry, silver.

[RICHFL]

Bugout there is one problem - You say bullets. No-No-No if you trade them they may come back and bit you one in the butt late at night.

Think about easy to store items like toilet paper, full leaf tobacco (Not cigarettes which go bad after 9 months), homemade soap, or spices.

[Buggyout]

Well, the beans typically come back and bite you on the butt too.....usually the next day! Hehehe!

-Buggy

[jeager]

Silver and gold will always have purchase value.
These metals take the place of nothing but do have a place.

One can't eat precious metals but they still make good
items of trade/barter.
So will foods.
I'd not give up ammo to anyone I wasn't sure was NOT going to shoot it back at me.
Pro'ly I would not give up any ammo anyway.

[jeager]

@JRRAY

Thanks.

[Bakerstranded7]

Silver is more than money. One use for it is soldering or make Colidial Silver. Precious metals will be the currency just like in the 1800's.

[jeager]

melting point = 1235.08 K, 962 ºC, 1571 ºF

Just for knowledge. The melting point of silver.
Is that more than the average person could accomplish?

Make silver bullets for vampires?

By the way I have some 99% silver bullets.
Not for shooting but as a novelty.
Silver prices are fairly low right now.

I have some 1 ounce bars and rounds I bought for novelty
gifts to grand kids.

Sadly my investment portfolio in down to less than
$50 grand right now.
I ought to get $10 grand out and buy prepping supplies
and mo' garden goodies.
Bought veggie plants today to take advantage of the early
n.e. Ohio warm spell.
POLE BEANS. Love 'em.
I make "tri-pods" 8 ft. tall as a frame for pole beans.
I cut the wood poles from my 15 acres of woods.

[Morgan101]

We have some silver, but it is a very minor part of our preps. My wife felt a desperate need to have some, so you go along. We will probably buy more just to stay diversified, but for true preps we stick with Buggy's list. Oh yeah, and lots of alcohol.

[NRAamy]

Well, the beans typically come back and bite you on the butt too.....usually the next day! Hehehe!

-Buggy

Dropping land mines in patients rooms..... I gotta get my kicks at work somehow....

[TheGhostofBelleStarr]

I have some silver, mainly silver Eagles, some Morgan's, mercury dimes... mainly bought for bartering purposes. I bought my Eagles at around $15/ounce sometime back. Silver went up after that but now has dropped way back down so I don't consider it for investment purposes and have not bought any in quite a while.