This is a discussion on Bullets As Currency within the Defensive Ammunition & Ballistics forums, part of the Defensive Carry Discussions category; Originally Posted by TedBeau In a true EOTWAWKI scenario I do not see why anyone would want gold or silver? Can you eat it? Is ...
I did not know how much I would learn when I started this thread...and wish to thank everyone who has contributed...
I've started increasing my ammo supply for my three weapons...and I'm looking at other items as mentioned to stockpile, with an eye on dual use...I can use it for my own (family) survival...and with a barter value...
"Let us speak courteously, deal fairly, and keep ourselves armed and ready."
I think the precious metals will cycle. At first they will be very much in demand and value may even spike above current values. But, in time that will wear off and we will switch to ammo and tools and seeds and such. Then after things stabilize I could see metals making a come back.
Unfortunately I also expect this will coincide with extreme population adjustments. With the break down of commercial transport we are going to end up with a much more localized economy. We would not see our grocery stores and pharmacies being stocked from central warehouses hundreds of miles away.
I expect at first those with gold, silver, gems etc will be able to live pretty well trading those for supplies. If they learn self sufficiency or a marketable skill in that time they will do OK. If they do not, as supplies become harder to come by they may well see those lose their value. If we have a true EOTWAWKI scenario we can expect food riots, and a significant portion of the population dying of starvation. Big cities would eventually go vacant as the scavengers find less there to sustain them. When the hungry hoardes are knocking on the door, you want an ounce of gold or a brick of .22?
This would be the most dangerous time for those of us in the suburbs. This is also when I think that ammo will have the highest value. If we can mount an organized defense of our neighborhood, and if we assume the zombies are still capable of something resembling rational thought, a cost benefit analysis should lead them to move on to easier pickings. As they move further from the city centers they will encounter more sparsley populated areas where they could possibly press their numerical advantage on isolated homes. Again, ammo would be very high value. Those of us in the suburbs that still have some trading it to folks further out for food.
As time passes and medical supplies become depleted the population would stabilize and commerce would begin between communities. In that time through violence, starvation, and disease I would guess about a forty percent drop in population. At this point I believe gold and silver would make a come back. But I think the entire cycle would take at least five years.
Infowars- Proving David Hannum right on a daily basis
When Seconds Count, The Cops Are Just Minutes Away!!
Well, if you had bought Gold back when folks like G. Beck were first saying "Buy Gold Buy Gold" - You could be selling that Gold right now for a profit of about $1,000 per ounce and 5 thousand dollars buys lots of rim-fire ammo if you purchased say...a mere....5 Ounces back then.
Lesson learned don't mess with donkeys!