EDC - What's In Your Pocket(s)??? Part 2

Looking for a little clarification here, what is the upshot of carrying silver bullion or something similar instead of cash?
 
nlewman said:
Looking for a little clarification here, what is the upshot of carrying silver bullion or something similar instead of cash?
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Better than cash and redeemable at any pawn shop for market value. Apocalypse currency.
 
Charlie Mike said:
Better than cash and redeemable at any pawn shop for market value. Apocalypse currency.
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I've always wondered about this. Seems terribly ignorant. If shit really gets bad cash and gold/silver will be worth about as much as their weight in rocks
 
tdkfm said:
I've always wondered about this. Seems terribly ignorant. If shit really gets bad cash and gold/silver will be worth about as much as their weight in rocks
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At first, yes.
 
That has been predicted for 50 years. Survivalists are still waiting for the sky to fall I'm gonna go have coffee. OCD disturbs me.
 
Silver is an inflation resistant currency. Unlike dollars, or whatever fiat currency your country uses. Silver buys today approximately what it bought 50 years ago. Yes, it's value rises and falls with market changes, but long term it retains its buying power. Just like gold does. There isn't a currency that can claim this, unless it is backed by a precious metal, which they no longer are. Inflation is not an indicator of a nation's financial strength or health. It is designed to slowly rob us of our hard earned wealth. In particular our savings. Take a look at what happened in Germany just before WWII. Paper currency had no buying power and people in cities were going hungry because nobody could afford to buy anything. Markets were mostly empty and prices were sky high. Bank notes were having multiple zeroes added to them in the banks, to no avail. There are other countries around the world that have suffered similar fates since then. It just hasn't happened in North America, recently.

Silver also has some interesting medicinal properties that have been ignored for a long time and are slowly being acknowledged again. There is good reason why silverware (dining cutlery) was made from silver so many years ago. Health reasons, not wealth reasons.

My respect to CM for his investment choice. And his willingness to show and speak about it. Most people get defensive/hostile when wealth and state come up in discussion.
 
^^^ All of that. I should have read to the bottom of the page before typing, lol. Venezuela is in the crapper, along with Brazil, Greece, France, Spain, Finland is falling apart, etc.. Things aren't nearly as rosy as the MSM would have you believe.

RickT57 said:
That has been predicted for 50 years. Survivalists are still waiting for the sky to fall I'm gonna go have coffee. OCD disturbs me.
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The US govt has defaulted several times in the past. Gold was banned to own in '33 so they could revalue it, higher. The beginning of Bretton Woods. Defaulted again in '71, which resulted in the end of Bretton Woods. Went off the gold standard completely. They can't devalue the currency much more when we default again. Fiat currencies are cyclical, and IIRC our current system is the longest standing 'funny money' fiat systems.

There is real money, as defined via the constitution, that you can hold and own. Then there is fake, representative 'money' called currency. Which you can hold, but never own.
 
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Thanks man that's a Carter
Neck knife and definitely my fav . Here's some glamor shots :)


 
Finally received this little guy in the mail
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Added a opener with a new pattern I forged last week and a Surefire Sidekick I picked up last week... really was hoping power would go out this weekend, maybe with the next round of storms this week.

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16VGTIDave said:
Silver is an inflation resistant currency. Unlike dollars, or whatever fiat currency your country uses. Silver buys today approximately what it bought 50 years ago. Yes, it's value rises and falls with market changes, but long term it retains its buying power. Just like gold does. There isn't a currency that can claim this, unless it is backed by a precious metal, which they no longer are. Inflation is not an indicator of a nation's financial strength or health. It is designed to slowly rob us of our hard earned wealth. In particular our savings. Take a look at what happened in Germany just before WWII. Paper currency had no buying power and people in cities were going hungry because nobody could afford to buy anything. Markets were mostly empty and prices were sky high. Bank notes were having multiple zeroes added to them in the banks, to no avail. There are other countries around the world that have suffered similar fates since then. It just hasn't happened in North America, recently.
Silver also has some interesting medicinal properties that have been ignored for a long time and are slowly being acknowledged again. There is good reason why silverware (dining cutlery) was made from silver so many years ago. Health reasons, not wealth reasons.

My respect to CM for his investment choice. And his willingness to show and speak about it. Most people get defensive/hostile when wealth and state come up in discussion.
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Bullets! Bullets will be the new currency when the giant turd of doom smacks the fan of fate! I think one .45acp is about a good meal. Two .556 should get you a woman for the night. .22 for a smoke or a can of beer.
 
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