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A Realistic View on Buying Silver for SHTF
If there’s one hot-button topic that will divide a group of otherwise like-minded preppers it’s silver. On one end, you’ve got the gung-ho prepper that thinks silver is about as useful as a concrete parachute in any situation, let alone the big SHTF disaster. On the other extreme, we’ve got the guys that have depleted every cent of their savings and retirement and buying truckloads of silver, claiming that it will be the ONLY form of commerce once the aliens invade or the mutant super-flu hits.
In reality (like so many other things) the truth about silver is somewhere in the middle. Today we’re going to take a closer look at silver investing, using silver as barter and how much of your time and money should be invested in silver. Hopefully we’ll dispel a lot of the extremes from both sides of the argument and give you a realistic idea of how important silver should be to your preps.
Using silver as a SHTF barter tool
One of the biggest reasons preppers get into precious metals is the idea that when the S hits the fan, the only stable currency is going to be gold and silver. First and foremost, let’s get some perspective on this. The spiral of events that would have to happen for this to be true is pretty crazy when you think about it. Not only would the dollar have to lose any and all value within international trade, but over 300 million people in the U.S. would all have to agree that the old greenback, the tool used to measure wealth in America for hundreds of years is now worthless.
We can’t even get more than 10% of the country to believe that there’s really no difference between a Democratic presidency and a Republican-ran one. We can’t even get most people to understand that there really are tough times ahead that we should be preparing for. These issues are plain as day to anyone that doesn’t have their head stuck in the sand. Why then do so many preppers absolutely believe that somehow the entire country is going to collectively agree to lose any and all confidence in the dollar overnight AND also agree to use silver and gold as a currency? That would be the ONLY collective decision this country has ever made…and I’m not holding my breath on that happening.
On the flip-side of this argument though, the dollar absolutely IS losing its value. That doesn’t necessarily mean that it will be worthless at any point in the future, but it doesn’t take an economics guru to figure out that a dollar doesn’t buy you what it used to.
So where does that leave us…..
