Silver Coin Stockpile

Lately I’ve been slowly adding to my silver stockpile due to the low (relative) prices this year. Currently it’s at $16.16 USD on the 27th June 2018 and dropping which is quite below its mean of $16.50 but not by much.

Some of the uses of silver include:
• Bartering
• Water Purification (Kind of)
• Colloidal Silver (For Health Issues)
• Antibacterial

Remember that either way you look at it, silver will always be an investment and you can sell it later on for almost the same amount if you need some quick cash.

Gold is useful as well to store large amounts of cash, but there’s not a lot you can buy with that much money in a SHTF scenario. Most of your transactions will be small change for cans of food, water and survival gear – which you should already have stocked. Currently Gold is at $1253.74 USD which is a little lower than average but then again gold has fewer uses than silver in a survival situation. However it is worth it to have at least one oz of gold handy.

Cash on the other hand will depreciate very quickly in a disaster, people will soon realize this piece of paper isn’t worth the value written on it by the Federal Reserve and value will shift back into valuable metals which can’t simply be printed into existence. When this occurs the three most valuable entities in the world will be Materials/Possessions, Precious Metals/Gems and Skills/Experience.

Don’t forget to keep your valuables safe and secure in a hidden location either in a safe, under floorboards, at the back of a wardrobe or buried in the back yard. You could perhaps find some extremely strange places to store valuables too, such as inside a hot water tank where it will not only stay safe but slowly purify your water. The only problem with that is getting them in and out but at least you won’t be inclined to spend them.

About fluidicice

Queensland, Australia.
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