In James Rickards 2016 book, The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis, he describes an economic checkmate where a secret plan called ICE NINE is activated as the central banks teeter on collapse "They will quarantine your money by locking it inside the financial system until the contagion subsides." They will also lock security exchanges.
If it's true that no liquidity in the silver market exists and there is a rush on physical silver there is a very real possibility the whole system will come down. I believe this will be the mass awakening event.
Summary: https://lfb.org/ice-9-jim-rickards-reveals-elites-master-plan-3-ways-protect/ Video: https://www.youtube.com/watch?v=h8GGm0WOGms
If people are JUST NOW beginning to prepare for a SHTF scenario, it's probably too little, too late. Every household should ALREADY have cash on hand, silver coins, food and water for 3 months, firearms and ammo that are easy to get to (and knowledge how to use them), medical prescriptions for the duration, and a whole lot more besides.
I would say they are very late to the show but until the SHTF hits they still have time, Now they will pay 3 times more for everything now, But that's the price for waiting until panic time! The one area I was lacking in was the silver/gold because I know very little about the market, I also looked at it from just the shtf point that nobody is going to be bartering for silver/gold they will be looking for water,food,ammo,guns but after looking at the big picture for when things start to get better people will be using silver/gold for currency so I'm getting what I can atm.
Buy some junk silver. Mercury dimes, silver quarters and half dollars. I have a bag to be used in the event we go full Mad Max.
We have a large glass jug that we put all our "silver" change into. It's too heavy for anyone to pick up and run off with. I figure we've got that and some gold/silver jewelry.
Thank you, all info is helpful! Are pawn stores a good place or too late to buy silver?
Pawn shops often have gold/silver for sale. Gold/Silver shops are better. Your goal is to pay as little above spot price as possible. Spot price fluctuates daily. Check spot price...
https://www.kitco.com/market/