You are viewing a single comment's thread from:

RE: 3 Reasons Why Silver Should Be your #1 Investment!

in #steemsilvergold7 years ago

They will save you. You can build and engineer with silver and create things like radios and communication devices from it, or use it to conduct electricity. And with a value like that, silver can be bartered and will be worth something if something like a cyber attack or an economic collapse were to happen. It has uses.

Sort:  

I agree that silver has its uses - no argument there. I'm just saying in a collapse scenario like the one you postulate in your post, you will have to first secure your silver from thieves and gangs.

If you want to know what kind of world you would be looking at, watch The Road, starring Viggo Mortensen.

I've seen the road, great film, and that scenario is why you buy guns and have a place to hide your silver.

14yo schooling a tech wizard ;)

Like you, I am in BOTH Silver (& Gold) and CRYPTOS!
Cryptos can make a comeback after a collapse, IMO.
But it might be a while, depending upon the Type and severity of the collapse. Certain pure Economic Collapse scenarios are very very favorable for BTC and other cryptos, but PMs will also rise wildly in most of these. Again, I am heavy into BOTH. But most SHTF, TEOTWAWKI and WROL scenarios heavily favor PMs. My "preps" for any and all collapses are weighted thus:

  1. Physical Preps: Food, water, fuel, essentials...
  2. Protection: (iykwim) ;)
  3. PMs: a lot of SILVER and a little Gold
  4. Cryptos... but gaining on PMs!