We are playing a dangerous game, aren't we?

Exactly. The last thing that will feed your family is a box of slabbed coins...

 

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Bingo. Guns, bullets, food and medicines will be the currency of the apocalypse.

 

I thought that I was watching too many movies.

 

Selling anything?

 

If there’s not enough food to sustain the populace, what makes anyone think it would be for sale at any price — fiat, gold, silver, or barter?

This mental exercise may be fun and interesting, but no one here can possibly comprehend what the real Armageddon would be like.

 

I think we can get some insight into it by looking at just about any country that undergoes a financial collapse (or war). You can even witness it on the local level when Golden Corral runs out of bread in the buffet line - murder, murder in people's eyes.

I should think the last thing you'd want to do is buy bread with a silver coin during Armageddon. You'd be announcing to the world that you not only have food but a store of wealth. You'd get a lot of people wanting to barter lead for that silver, IMHO.

I don't worry about these things because I intend to surrender to the zombies.
I'll have plenty of food.

 

If everyone sold their silver/gold bars/coins at the same time the "buyers" could auction to the lowest bidder who they would buy from. Then it would be up to the sellers of .. how low to go.

but bar/coins is only one supply stream.

There is a secondary and tertiary supply of silver and gold.

If you look at 2011 people started selling their jewelry and anything silver (silverware, silver trays, etc) for the high prices.

Then you had electronics recycling which recovered something like 4,500 tons of silver/gold in 2011.

Before the supply collapsed the demand (in a simple analysis).

 

if it went back to $5-6 I would start Stacking too !!

There's this psychological visual impact that the size of a silver stash and sparkle of it is just overwhelming. Compare to a single gold coin .. it just doesn't compare. Of course if I could get gold for silver prices I've have a huge stash of gold instead.

 

Who did that?



I did.

 

But I'll probably starve, because I'd be the only vegan zombie around!

 

If he bought 12 boxes of 1996 ASEs, he's happy now

 

You are just "Old Far-Seeing Art"...

 

My dad bought several of them back in the day, not even knowing they'd be worth so much now.

 

Ol' Danl Boone killt hisself one o' them.

 

I must be part of the 5%
I don't like bars .. I like ASEs
And I consider them totally different. But I understand why they can be considered the same.

 

Born on a mountain top in Tennessee
Greenest state in the land of the free
Raised in the woods so he knew ev'ry tree
Kilt him a b'ar when he was only three
Davy, Davy Crockett, king of the wild frontier

 

Go try to sell any to a dealer and try to get a premium for ANY date, even a 1996. Not. Happening.