Keep Your Money In This System & LOSE It All, The Global Elite Want Your Land, Country & Sovereignty

[Guest ArmyVeteran37214]

[Guest AmericanWorkMule]

Be careful, don't want to end up like Brandon Raub

[Sam1]

Short version for those without time to watch:

Banks are not letting you withdraw money because the system will collapse, so you need to buy silver.

Buy precious metals

The world is ending, panic panic, sky is falling, buy silver from me.

[Pain103]

Is there enough tinfoil hats to go around? lol

[strickj]

Is there enough tinfoil hats to go around? lol

Aluminum will hold no value once the system collapses.

Best make those antimind control hats out of gold and silver. Follow the video for links to buy directly from the author!

[Sam1]

Best make those antimind control hats out of gold and silver. Follow the video for links to buy directly from the author!

^^

[vontar]

Just invest in lead and brass.

"Paper is poverty,... it is only the ghost of money, and not money itself." Thomas Jefferson

[Guest AmericanWorkMule]

If you buy seed, as was suggested, how do you keep it protected for years to come?

[ted]

Like this http://m.youtube.com/#/watch?v=t6SmRz3y4ps

[Sam1]

Like this http://m.youtube.com...h?v=t6SmRz3y4ps

Good old jon lebed.... He has created a couple of some hype scams that got him caught up by the SEC, even once when he was 15. These are all related stock pumping scams, and is exactly the reason why I get disgusted with these videos.

[ted]

Yep me to

[Hi Point Hooligan]

Ok, I have not used my stupid question for the day so here .goes..

I go out and buy 10 oz of silver. Let’s say they are 1oz coins. So I have 10 coins that I used USD to buy. The system collapses the USD is in the dumper. no one wants it… But hey I have these 10 silver coins. Now, since the money I used to buy said coins is now junk.. How do I use the coins to buy stuff???

I know this is a dumb question but someone please give me some feedback …

Thanks,

[strickj]

Ok, I have not used my stupid question for the day so here .goes..

I go out and buy 10 oz of silver. Let’s say they are 1oz coins. So I have 10 coins that I used USD to buy. The system collapses the USD is in the dumper. no one wants it… But hey I have these 10 silver coins. Now, since the money I used to buy said coins is now junk.. How do I use the coins to buy stuff???

I know this is a dumb question but someone please give me some feedback …

Thanks,

Not a dumb question at all.

In a total collapse, folks will still need a vehicle to barter for goods with. I hold the opinion that paper currency will still be used. Even if the feds says it's worthless, people will still use it and will probably set the value based on region. Paper currency is what people know, it's versatilevwith multiple denominations, there's plenty of it around and most importantly, it's portable. A helluva lot easier to tote around than a gold bar that one would need a a jackhammer to make change with.

Edited September 8, 2012 by strickj

[Guest 6.8 AR]

Since gold and silver is still the basis of value for money, you have a better chance on retaining something

of value after a collapse of our money, but it won't immediately feed you. There will be a barter mindset until

an economy gets its feet back on the ground. People will use what they can to establish value in whatever

they have to begin a new basis for a system of currency.

If you have gold or silver, think of it as the standard and don't compare it to anyone's paper. Not saying to rush

out and buy it or sell it, just keep it. Value is perceived and at the time of a collapse, it's not the best time to play

with what you have. It's going to be better to use whatever you have wisely and as conservatively as possible.

At a time like that, you had better be in survival mode.

[atlas3025]

Silver and gold have held value as a trade medium through the fall of Rome, the Dark Ages, The Renaissance, three World Wars, yada, yada...and it will still hold value through the next Dark Ages. That doesn't mean buy all gold and silver, but it is a good idea to hold some.

To the question

How do I use the coins to buy stuff???

You will use it just as you use paper money today. Some people will accept it in trade for goods and services. But the prices will probably not be in cents or dollars, but rather ounces or a fraction thereof. You may go see John the Barber and he says I'll cut your hair for a 1/10th an ounce of silver, which is approximately a silver dime.

Some will not...just as it is today, they may only accept ammo in trade, or sheep, or chickens. The reason paper money has such a hard time is that people ONLY accept paper money because it is backed by the nation or power that issues it...it is an illusion. If society collapses, the money paper and modern coins issued by the US Government will not have that backing anymore...it will just be toilet paper (maybe some will still take it based on the notion that the US Government will be back again). The only reason gold and silver have any value is that nearly every society in the history of man has valued it, regardless of whose face is stamped on it.

Cash is king (and silver and gold are cash...not dollar bills, which only are only a voucher for cash). The reason cash is king is because it is directly transmutable, in that...if I want to buy a bushel of wheat, but the guy selling it wants a chicken for it, and I don't have a chicken...what do we do? Does he let his wheat spoil waiting on a buyer with a chicken to come along? Or does he take my silver on the bet that he can trade the silver to someone else for something he needs? He can take ammo in trade...but would you trade for ammo in a caliber you don't use? You may, but that ammo ONLY has value if you find someone who can use ammo in that caliber. You need to buy horseshoes...but the blacksmith only accepts 44-40, but all you have is 30-30...now you have to run around finding someone to trade you ammo so you can buy from the blacksmith...all while trying not to lose your ass in the deal.

There is no garauntee that anyone will trade for silver or gold, but it is likely that it will be accepted more than anything else. And whatever gets accepted most, will quickly come to be accepted by all.

But others are right too...if the #### REALLY hits the fan hard...food will be about the most valuable stuff there is at first, until enough people die off that demand drops. The trouble with food as currency is that no matter HOW well it is packaged, it is persishable. Livestock has to be fed, it dies, its meat rots, same goes for veggies. The longer your food sits in a SHTF situation the more value it loses because people will die off, lowering demand...and it will lose all value instantly if it spoils.

[Guest Lester Weevils]

I go out and buy 10 oz of silver. Let’s say they are 1oz coins. So I have 10 coins that I used USD to buy. The system collapses the USD is in the dumper. no one wants it… But hey I have these 10 silver coins. Now, since the money I used to buy said coins is now junk.. How do I use the coins to buy stuff???

If the wheels don't completely fall off the economy you can convert the silver back to dollars. If the wheels come off then all bets are off and its anybody's guess whether the silver will be an asset. I'm guessing it would be an asset but the wheels don't completely fall off very often, and it can happen so many different ways, difficult to predict.

Assuming the wheels ain't fell off, if you bought an ounce of silver at a time when $5 will buy the silver and $5 will also buy a burger&fries&drink. In the future whether the price of silver (in dollars) rises or falls, you have fairly good odds that you can still buy the burger meal with the current dollar equivalent of your silver.

Metals tend to be good long term hedges against inflation. If you had buried a $5 bill in a mason jar in the back yard, it wouldn't buy a burger meal now that the price of a burger meal is getting closer to $10. But if you had converted the $5 bill to silver and buried silver in the mason jar, it would have retained value better.

Metals wouldn't be so great against deflation, though they wouldn't lose all value. For instance if there was severe deflation and the price of a burger meal drops back down to a dollar, if you had kept your $5 bill it would now buy five burger meals, but the odds are the price of silver will also have fallen in the severe deflation, and your silver will still only buy one burger meal. OTOH, even in that case you are no worse off because you can still buy the same burger with the same silver.

Since we have tended to have more inflation than deflation in the last century or three, the inflation risk seems more likely, but deflations do happen, and they usually happen when times get real bad and people are out of work. The same times you are most likely trade your silver for burgers.

I personally think that if silver happens to be priced much more expensive than two burger meals, that it is over-priced enough that you might not be able to buy as many burgers with the silver in the indefinite future. Maybe you will, but odds favor losing value on the silver.

In an earlier message I posted some data, no sense beating the dead horse-- For 80 years, since the institution of a federal minimum wage, most of the time an ounce of silver is about the same as an hour of minimum wage labor, and most of the time a burger meal is about the same as an hour of minimum wage labor. The few times that the price of silver got more than 2X minimum wage, that price didn't hold very long and it dropped back down, and people who bought high lost money if they didn't sell quick enough on the way down, stiffing some other sucker.

So IMO it is risky to buy silver right now if it is much north of $20 per troy ounce, if you are buying to hold rather than buying to sell, gambling that the bubble will go higher before it pops.

[atlas3025]

So IMO it is risky to buy silver right now if it is much north of $20 per troy ounce, if you are buying to hold rather than buying to sell, gambling that the bubble will go higher before it pops.

The question is which is the bubble. The dollar or precious metals? The dollar has actually been stronger globally as of late (because every other currency is screwed or pegged too)...the fear is that the dollar will collapse pushing silver higher. But Lester's point is well made.

Silver is not an investment in the traditional sense, think of it more like car insurance. It is only there to make you "whole" in the event of a crash (and if the crash never comes you bought it for nothing). But unlike car insurance, even if there is no crash, it will still have some value.

One more attempt at simplifying it...if the dollar crashes--and you have PM's (or something else of value)-- you will likely still have the same buying power with that PM that you have now with the dollar. But people who have only dollars will have very little, if any buying power. Of course, if everyone else is living like they are in the third world because they have no silver, but you still have today's buying power because you do, in comparrison to them, you would be wealthy. Poverty in the US is better than middle class almost anywhere else in the world. BTW, when Obama is talking about looking out for the 99%, he is talking about the rest of the world being the 99%, not the US OWS crowd.

Anyhoo, if the dollar crashes and you have no PM (or other commodity)...then you are in the same shape as if you had a car wreck and had no car insurance.

Lastly, if you have no insurance, and there is no crash, then you haven't wasted any premium money. The problem is, the guys driving the dollar right now appear to be drunk, and heading for a fiscal cliff...which is why PM's have been climbing. A lot of people are wanting insurance.

[Rightwinger]

You cut your silver piece into quarters or 10ths and barter it off.