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What do yo u think is a proper bullion vs. junk ratio for SHTF seniario?
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<p>[QUOTE="Vess1, post: 1307298, member: 13650"]Numismatic value will take a dive but bullion value will not. Listen to the survival podcast episode 781. Guy from Argentina was interviewed. They had a nice, booming economy similar to the US. Most were living a nice middle class lifestyle. Then the currency started going down hill and they had an economic collapse in 2001. </p><p><br /></p><p> The people that had bullion to trade did use it to trade with. He said he knew somebody that would cut links off of a silver necklace to barter for other things. They also converted their pesos into dollars as fast as they could as it was spiraling out of control. Of all currencies, the dollar protected them. As our dollar collapses, we won't have the same luxury of another currency to retreat to. Unless China's currency becomes the new world reserve currency. Then maybe we could convert to that to protect ourselves somewhat. </p><p><br /></p><p> I think the bigger worry would be violent crime and securing clean water and food. If you did secure it, the people that didn't have it would try to rob you. </p><p><br /></p><p> Another movie to add to the list is "The Road". Not for the faint of heart. I've seen a lot but I found that movie to be very disturbing. There is no explanation to what caused SHTF in that movie but you can see the aftermath. It isn't pretty. The main threat was armed bands of cannibals and the guy and his kid have to stay away from the road so they don't get caught. His only defense is a half loaded revolver through most the movie. The whole thing was a pathetic, disturbing struggle, with brief, fleeting moments of relief. In that scenario, all that was valuable was ammo. But that was total chaos and anarchy with very few people left alive. Not the highest probability for a SHTF scenario. An economic collapse is far more likely.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1307298, member: 13650"]Numismatic value will take a dive but bullion value will not. Listen to the survival podcast episode 781. Guy from Argentina was interviewed. They had a nice, booming economy similar to the US. Most were living a nice middle class lifestyle. Then the currency started going down hill and they had an economic collapse in 2001. The people that had bullion to trade did use it to trade with. He said he knew somebody that would cut links off of a silver necklace to barter for other things. They also converted their pesos into dollars as fast as they could as it was spiraling out of control. Of all currencies, the dollar protected them. As our dollar collapses, we won't have the same luxury of another currency to retreat to. Unless China's currency becomes the new world reserve currency. Then maybe we could convert to that to protect ourselves somewhat. I think the bigger worry would be violent crime and securing clean water and food. If you did secure it, the people that didn't have it would try to rob you. Another movie to add to the list is "The Road". Not for the faint of heart. I've seen a lot but I found that movie to be very disturbing. There is no explanation to what caused SHTF in that movie but you can see the aftermath. It isn't pretty. The main threat was armed bands of cannibals and the guy and his kid have to stay away from the road so they don't get caught. His only defense is a half loaded revolver through most the movie. The whole thing was a pathetic, disturbing struggle, with brief, fleeting moments of relief. In that scenario, all that was valuable was ammo. But that was total chaos and anarchy with very few people left alive. Not the highest probability for a SHTF scenario. An economic collapse is far more likely.[/QUOTE]
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