Every Cloud Has a....

Silver is often commented on in terms of preparing for an End of the world as we know It situation, especially those relating to hyper-inflaction or economic collapse.

We have some thoughts on that subject and in full disclosure we don't have any plans to keep silver around.

As we see it there are a few drawbacks if you're expecting to just buy everything with silver dimes or bullion.

• Just how much can you afford to store up between now and whenever the 'event' occurs?  If it's not a hugely significant amount then you're just daytrading penny stocks with the loose change in your couch.  Sure it can be fun but it's just a tiny fraction of what you'll need to survive.
• How do you plan on making change with your silver dimes or do you expect everything to cost multiple silver dimes? If the latter just how many do you plan on having again?
• You can't eat silver.  And if other people are like us, we're not going to be trading you food that will keep us alive for your inedible metal. Much less bullets that you might use against us or seeds that we'll need to insure our kids survive another year.

We see a lot more benefit in using money that we might otherwise tie up into precious metals in increasing our stocks of the items that will keep us alive.  In using it to increase our skills and knowledge of things that would allow us to be more self sufficient rather than hoping there is going to be an economy that's civilized enough to allow us to spend our dimes rather than just getting killed for them.

Your mileage may vary with this philosophy and if you want to invest some money into silver or other precious metals then by all means go ahead and we honestly wish you the very best luck and hope it works out for you.

And obviously if you've got all your preps line out such that you have the inventory, tools and skills to get through the first 18 months without needing to barter then by all means store up some silver.   We're not saying it wont' be valuable to someone.  But we do believe that a economy requires a certain degree of order, law and stability to support a non-barter system.