The upside to buying smaller size bars or coins is that they would be easier to "spend" in a SHTF scenario. The downside is that they cost more per oz.
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The upside to buying smaller size bars or coins is that they would be easier to "spend" in a SHTF scenario. The downside is that they cost more per oz.
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And whiskey, Everclear, and cigarettes.
This is where I bought most of my gold and silver .
ETA: Of course it's been years ago.
C_Hallbert
Color Commentator
FireInTheWire
Caprock Crusader
Hmmm... that's my kinda gal. Thick, soft and curvy.
I've been studying that site you suggested. Two or three of the 100oz Canadian bars of silver interest me the most. I've also been looking at silver history for the last 5 years. The coins are expensive. Not so much for the bars.
It flabbergasted me that they'll mail about $5000 in silver using the post office. I know they have insurance but dang, the post office?
Oh well, I can get a cashier's check from the bank. I'm still deciding on gold. Also looking into Palladium and Platinum. I need to put at least 5% of the savings in metal.
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It's easy to confiscate the digital funny money we currently have. Physical gold in a depository is an entirely different matter. I suspect there will be plenty of volunteers to protect the depository if necessary.
...but to your point all your gold should never be in one place
No one was arguing that it would be. Do you only prep for world ending scenarios?
Because it always has, depending on your definition of "doomsday".
In a real, end of the world scenario, gold would be valueless. However, every doomsday/SHTF situation in the past (and there have been many) has eventually passed. The people who had enough supplies to sell for gold during the crisis were able to use the gold in normal commerce after the crisis. Thus, even in amazingly bad situations, gold retains value.
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