Beyond Jenga, by Robert Gore
When prices were close to their recent lows, SLL suggested that it was a good time to buy gold and silver. (“Buy Gold and Silver,” 7/20/15). Prices have rallied somewhat, but your perspective should be your ability to exchange precious metals for goods and services, not “value” as measured in fiat debt units. You buy gold and silver for the same reasons you stockpile essentials and keep your firearms and shooting skills in good working order: as reasonable preparations for a future that may be far different than today.
However, obtaining precious metals raises a number of issues. SLL has discussed buying them, but has said nothing about the mechanics of doing so. Although the SLL website carries various online advertisements, it does not endorse specific businesses. (It has yet to come up, but SLL would not hesitate to criticize an advertiser, or carry a guest post that did so, even if it meant the loss of that advertiser’s business) While no dealer will be recommended, here are some guidelines for buying precious metals.
This is an excerpt. For the full article, please click the link above.
However, obtaining precious metals raises a number of issues. SLL has discussed buying them, but has said nothing about the mechanics of doing so. Although the SLL website carries various online advertisements, it does not endorse specific businesses. (It has yet to come up, but SLL would not hesitate to criticize an advertiser, or carry a guest post that did so, even if it meant the loss of that advertiser’s business) While no dealer will be recommended, here are some guidelines for buying precious metals.
This is an excerpt. For the full article, please click the link above.
Right. Barter is the normal behavior when the economic system collapses. The reason is value is in things we make for one another or do to serve one another. If people are serving one another in mutual trades but there's a problem with the monetary system, people will quickly find another medium of exchange. If people are not producing things for one another, no powerful medium of exchange will solve that problem.
Don't Squeeze the Charmin!!!