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Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 11:36 am
by seamusTX
PUCKER wrote:A buddy and I were discussing this scenario the other day - the most precious things will probably be AMMO followed by guns to shoot them with!
What would you eat? Especially if you are among the 90% of the U.S. population that lives in a city or town with little acreage?

You can trap rats, possums, and feral cats and dogs; but that supply would run out quickly. :mrgreen:

- Jim

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 11:37 am
by marksiwel
seamusTX wrote:
PUCKER wrote:A buddy and I were discussing this scenario the other day - the most precious things will probably be AMMO followed by guns to shoot them with!
What would you eat? Especially if you are among the 90% of the U.S. population that lives in a city or town with little acreage?

You can trap rats, possums, and feral cats and dogs; but that supply would run out quickly. :mrgreen:

- Jim
You would trap the most dangerous animal....Man

Image
"rlol"

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 6:21 pm
by dicion
seamusTX wrote:
PUCKER wrote:A buddy and I were discussing this scenario the other day - the most precious things will probably be AMMO followed by guns to shoot them with!
What would you eat? Especially if you are among the 90% of the U.S. population that lives in a city or town with little acreage?

You can trap rats, possums, and feral cats and dogs; but that supply would run out quickly. :mrgreen:

- Jim
Lots of people agree on Guns and Ammo being more precious than food.

I guess the thought is, if you have guns and ammo, and someone else has food, but no guns and ammo. You will shortly have food, and they will not!

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 6:46 pm
by seamusTX
dicion wrote:I guess the thought is, if you have guns and ammo, and someone else has food, but no guns and ammo. You will shortly have food, and they will not!
I believe the technical term for that is robbery, and it is a crime against the laws of God and man.

I condemn this type of thinking. I did not see an smiley face or any other attempt at humor there.

- Jim

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 6:53 pm
by dicion
seamusTX wrote:
dicion wrote:I guess the thought is, if you have guns and ammo, and someone else has food, but no guns and ammo. You will shortly have food, and they will not!
I believe the technical term for that is robbery, and it is a crime against the laws of God and man.

I condemn this type of thinking. I did not see an smiley face or any other attempt at humor there.

- Jim
Sorry, yes, I meant to put a smiley on it, sorry.
A little belated here, but :shock: :boxing :nono:

But I was being serious about people thinking that way.
I'm not saying what *I* would do, and I didn't say that it was MY opinion, but you would be foolish to believe that others would not do it to you, were you in that situation (unarmed, with food).
Put another way, any supplies you DO have, if you are not able to protect them, will not be your supplies very long.

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 7:15 pm
by seamusTX
dicion wrote:But I was being serious about people thinking that way.
Thank you for the clarification.

I have seen that kind of thing in survivalist forums, which is why I avoid them.

An amoral person could steal food for a while, but soon there would be nothing left to steal. What do they plan to do then? Reinstitute the feudal system or slavery?
Put another way, any supplies you DO have, if you are not able to protect them, will not be your supplies very long.
I agree entirely, but referring back to my earlier statement, you need something worth defending.

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 8:33 pm
by flb_78
PUCKER wrote:A buddy and I were discussing this scenario the other day - the most precious things will probably be AMMO followed by guns to shoot them with! But you guys already knew that... :tiphat:

There's a few movies I need to watch...The Road...The Book of Eli...at least I'm told they're pretty good/enjoyable. Carry on.
I disagree. Firing off guns to get food is going to attract a lot of unwanted attention from those who are hungrier then you. Bows, arrows, knives, fishing poles, will all be more important then guns after an incident. Things that kill quietly will be highly valued.

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 8:36 pm
by 92f-fan
seamusTX wrote:
dicion wrote:I guess the thought is, if you have guns and ammo, and someone else has food, but no guns and ammo. You will shortly have food, and they will not!
I believe the technical term for that is robbery, and it is a crime against the laws of God and man.

I condemn this type of thinking. I did not see an smiley face or any other attempt at humor there.

- Jim
Assuming you have resources
What do you do when the hungry come to your door ?
At what point do the laws of god allow you to watch out for yourself ?
How would you deal with a mob ?

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 9:27 pm
by seamusTX
This discussion has already gone too far. I will not respond further.

- Jim

Re: Anyone buy Gold or Silver?

Posted: Mon Jan 25, 2010 9:44 pm
by marksiwel
seamusTX wrote:This discussion has already gone too far. I will not respond further.

- Jim
You're just holding back because your Fall out Shelter has a Hot Tub and you know you dont have enough room for the rest of us!
:smilelol5:

back on Topic
Thanks for the feedback

Should I melt the bulk silver down into bars or what?

Re: Anyone buy Gold or Silver?

Posted: Tue Jan 26, 2010 1:56 am
by The Annoyed Man
seamusTX wrote:You can trap rats, possums, and feral cats and dogs; but that supply would run out quickly. :mrgreen:

- Jim
My mother actually endured this for real in WW2. She was raised in Algeria (French North African "Pieds Noir"), and lived for a time during which the retreating Germans were shelling her city from one side, while the advancing Allies were shelling it from the other side... ...and then there was the odd aerial bomb or three. Her family ate rats and cats to survive.

Re: Anyone buy Gold or Silver?

Posted: Tue Jan 26, 2010 9:31 am
by TheArmedFarmer
I agree with the general sentiments given on this thread regarding coins. There's the old adage, "You can't eat gold."

When the balloon goes up, you have immediate needs that can only be met by having ready access to food, water, short term barterables and having the tools to defend them against rioting mobs (that means guns and ammo and hopefully neighbors that are ready to pack up with you.)

Nevertheless, in a POST-TEOTWAWKI situation, when order is starting to recover, this is where I am convinced gold and silver will be among the first forms of money to emerge. For an economy to function, you need a base-line monetary unit. The dollar won't be it. The Fed is working hard to destroy the dollar, and it is destined to collapse at some point.

Anyway, if a new foldable currency comes around, you will be able to sell some of your coins into that currency and continue along. Anybody left holding paper dollars will be out of luck.

Jim, you mentioned that you lose 8.25% of the value of the coins when you buy them, because of sales tax. The way around that is to buy your coins from out of state and have them shipped to you. You don't pay sales tax on out of state purchases.

Re: Anyone buy Gold or Silver?

Posted: Tue Jan 26, 2010 9:33 am
by TheArmedFarmer
marksiwel wrote:where do you get yours? looking for some silver
Mark,

Right now there's a dip in the price of silver. It plunged 7% last week and it's down almost 4% today. These kinds of dips are the time to buy.

I have bought quite a few bags of silver from Apmex. Here's the silver page:

http://www.apmex.com/Category/503/Silver.aspx" onclick="window.open(this.href);return false;

As the annoyed man said, junk silver is good and I'd recommend a bag of the 90% silver coins.

http://www.apmex.com/Category/17/90_Sil ... _Bags.aspx" onclick="window.open(this.href);return false;

Free shipping, and no sales tax. :cheers2:

Re: Anyone buy Gold or Silver?

Posted: Tue Jan 26, 2010 10:02 am
by Trinitite
92f-fan wrote:historically gold, silver, bronze, beads and even things like salt have been used as currency

ALL for the same reason - rarity and universal demand
I'm buying beads. They're cheap now and if TEOTWAWKI doesn't happen next month, there's always Mardi Gras.

Re: Anyone buy Gold or Silver?

Posted: Tue Jan 26, 2010 12:50 pm
by PUCKER
Definitely very good points...although I'm certain there will be power struggles and weapons/ammo will be highly prized and also quite useful in trades...but that's just my opinion. Time to take up fishing...and bow-hunting, I suppose!
flb_78 wrote:
PUCKER wrote:A buddy and I were discussing this scenario the other day - the most precious things will probably be AMMO followed by guns to shoot them with! But you guys already knew that... :tiphat:

There's a few movies I need to watch...The Road...The Book of Eli...at least I'm told they're pretty good/enjoyable. Carry on.
I disagree. Firing off guns to get food is going to attract a lot of unwanted attention from those who are hungrier then you. Bows, arrows, knives, fishing poles, will all be more important then guns after an incident. Things that kill quietly will be highly valued.