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If American society really got into a societal collapsing economic crisis things like salt, medicine, bullets and cigarettes will be worth a crap load.

Agreed. Silver won't be worth **** except to maybe melt down into bullets.
 
I absolutely can't wait for our economy to spiral out of control. Simply to put arguments like these to rest.

Yeah you're right. I'll probably be too busy cashing in on all the silver I've been collecting over the years.

Why not do something a little more ethical with your wealth than hoarding it in a speculative gambling vehicle? If you really believe things will get that out of hand then shouldn't you invest in productive farm land or something else that will make you extremely rich while alleviating the pain humanity will be experiencing? That's what a capitalistic American would do.
 
I didn't say they wouldn't be.

I failed to clarify that those items will be worth more than silver and gold. Same with farmable land, seeds, water sources and livestock.

This is not the feudal times. If society colapses and you have gold and silver someone is just as likely to kill you and take it as they are to trade for it.
 
Agreed. Silver won't be worth **** except to maybe melt down into bullets.

You do realize that the most powerful people in the world have been massively investing in gold and silver since the 2008 collapse? You cash out of precious metals before the collapse at their highest holding.
Watching what the Federal Reserve does is easy, because they're so predictable. Throw more cash in the economy, and precious metals continue to rise in value.

Also, silver has some of it's most value all together in the manufacturing of almost any electrical device you use today.
 
what wmd's?

Maybe some of the ones left over from when they used them against Iran, or maybe the stash that was used against the Kurds in the north or maybe one of the other several dozen stockpiles that were known to exist at the end of the first Gulf War that Saddam prevented the inspectors from verifying had been destroyed.

Sure we didn't find any after the second Gulf War, but that isn't to say there weren't reasons to suspect they might be there. I don't understand the rewriting of history that seems to have lead to a popular belief that Saddam NEVER had WMDs, when he most certainly had them and he most certainly used them against his enemies.
 
Why not do something a little more ethical with your wealth than hoarding it in a speculative gambling vehicle? If you really believe things will get that out of hand then shouldn't you invest in productive farm land or something else that will make you extremely rich while alleviating the pain humanity will be experiencing? That's what a capitalistic American would do.

Did I say I wasn't investing in farm land, water sources, food holdings, and non-GMO seeds? Oh yeah.... you only mentioned farmland.
 
You do realize that the most powerful people in the world have been massively investing in gold and silver since the 2008 collapse? You cash out of precious metals before the collapse at their highest holding.
Watching what the Federal Reserve does is easy, because they're so predictable. Throw more cash in the economy, and precious metals continue to rise in value.

Also, silver has some of it's most value all together in the manufacturing of almost any electrical device you use today.

It seems you are talking about the economy colapsing but order being maintained. I do not think that is possible. I think if one goes completely the other follows. In that case the value of a hunk of yellowish or silver metal is over rated.
 
It seems you are talking about the economy colapsing but order being maintained. I do not think that is possible. I think if one goes completely the other follows. In that case the value of a hunk of yellowish or silver metal is over rated.

The order will probably always be maintained as long as the social security, welfare, and food stamp checks keep getting sent out. The American consumer will be the American consumer.

I find it interesting that you're such a huge fan of the American fiat printing press, when historically gold and silver have/always will perform much much better.
At the same time, silver is a lot easier to attain at this point, and has been predicted by multiple analysts to have a huge explosion when the Feds luck finally runs out.

As overrated as you think precious metals are, they are an insurance policy to hedge against devaluation of fiat currencies and most professionals hold at least 5 to 10 percent of their investments in gold and silver.
 
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