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Thread: One guy's view on the best hedge: Silver

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    Post One guy's view on the best hedge: Silver



    Interesting... the statement about silver vs gold values.
    ~Nemo me impune lacessit~




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    In a shtf environment, who is going to be able to make change for gold used in lesser transactions? I can see gold being used for major purchases like buying up homes, city blocks, industrial empires, but not for a loaf of bread or a chicken or some ammo.

    Speaking of the pig nations and default, today is said to be the day for Greece to default.

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    Guns Network Lifetime Member #2

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    I think bullets would make a good exchange too.

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    Then.... I'm rich!
    ~Nemo me impune lacessit~




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    Team GunsNet Silver 12/2012 Warthogg's Avatar

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    LOTS of silver used in industry.


    Wart

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    Yeah... I don't know what to think. But I must agree that silver will be much easier to use as a currency than gold. Even if an ouce goes to $100, you can still "break" that amount much easier than say something that's $500 like a small gold coin.
    ~Nemo me impune lacessit~




  7. #7
    Senior Member mriddick's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    I think bullets would make a good exchange too.
    My choice as well, well maybe throw in alittle dirt too (land

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    I agree on that one!

    Dirt, bunker, beans and bullets... and some silver in case you want to buy some beer or something
    ~Nemo me impune lacessit~




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    Senior Member btcave's Avatar

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    Our lead free solder that we use in our Rohs compliant products has a 3% silver content and you will find that as more of the high tech industry is needing to meet Rohs "lead free" compliance in their electronics components that more silver will be utilized just in electronic manufacturing alone. I think we pay $65 for a spool of solder. Imagine what a wave solder ingot must cost.
    Trying to get on the no fly list, one post at a time.

  10. #10
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    Speaking of solder, silver solder is my preferred (electronics) solder. Far stronger than tin/lead. Doesn't heat stress, flows well. Great stuff but at a price as you know.

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