I'm a lifelong prepper, gun & gear guy. I've recently gotten big into PM's but don't understand people who think PM's will be of any use as a bartering / currency.
If our world truly collapses to the point where we aren't using a fiat currency, that IMO is a pretty serious and complete collapse of the economy and society, which means only hard goods; food, water, med supplies, guns, ammo; only that stuff will have any value.
PM's will regain value as we rebuild, but it will take them a long while to come back, IMHO.....
This is NOT to say that fiat is great; that we should not have a gold standard; just stating the fact that if things get that bad, we will have FAR bigger problems on our hands than using fractional gold & silver as "money" again......
I'm a lifelong prepper, gun & gear guy. I've recently gotten big into PM's but don't understand people who think PM's will be of any use as a bartering / currency.
If our world truly collapses to the point where we aren't using a fiat currency, that IMO is a pretty serious and complete collapse of the economy and society, which means only hard goods; food, water, med supplies, guns, ammo; only that stuff will have any value.
PM's will regain value as we rebuild, but it will take them a long while to come back, IMHO.....
This is NOT to say that fiat is great; that we should not have a gold standard; just stating the fact that if things get that bad, we will have FAR bigger problems on our hands......