Precious Metals

Discussion in 'Preparedness & Survival' started by Sasquatchvnv, Dec 1, 2010.

  1. Sasquatchvnv

    Sasquatchvnv
    Port Orchard
    Active Member

    Messages:
    719
    Likes Received:
    171
    The window is closing on $30.00 silver. If you had planned to put some money in gold or silver, you are rapidly running out of time to get in at these prices. I'm pretty sure we will soon be looking back at this period as the "good old days". Anything you have in paper assets (Checking, Savings, Stocks, Bonds, 401K, Cash...) will be worth less and less over the coming months. I'm not sure where the value of metals will end up, but they will always be worth something. Federal Reserve Notes won't even make very good toilet paper in the near future. Just my opinion, but look into it for yourself - time is getting short.
     
  2. Spray-n-pray

    Spray-n-pray
    Battle Ground
    Moderator Staff Member

    Messages:
    1,997
    Likes Received:
    1,119
    I am investing in copper jacketed lead.
     
  3. Sasquatchvnv

    Sasquatchvnv
    Port Orchard
    Active Member

    Messages:
    719
    Likes Received:
    171
    Absolutely - Lead and Brass are also Precious Metals.
     
  4. PhysicsGuy

    PhysicsGuy
    Corvallis, OR
    Resident Science Nut

    Messages:
    4,134
    Likes Received:
    162
    Copper, lead, and brass aren't even close in (lack of) abundance or value to be considered precious metals. Silver itself is pretty low up on the precious metal list, being one of the least expensive "precious" metals.
     
  5. Martini_Up

    Martini_Up
    NW USA
    Well-Known Member

    Messages:
    1,738
    Likes Received:
    2,064
    copper isn't a precious metal? why did they stop making pennies out of copper again?? :thumbup:
     
  6. Sasquatchvnv

    Sasquatchvnv
    Port Orchard
    Active Member

    Messages:
    719
    Likes Received:
    171

    Precious is in the eye of the beholder... All the more for me.
     
  7. PhysicsGuy

    PhysicsGuy
    Corvallis, OR
    Resident Science Nut

    Messages:
    4,134
    Likes Received:
    162
    Copper is between $3-4 a lb right now. So if you wanted to trade copper, for lets say a cheaper handgun, that would be 100lbs of copper. Are you going to carry 100lbs of copper in a survival situation to trade for items?
     
  8. Sasquatchvnv

    Sasquatchvnv
    Port Orchard
    Active Member

    Messages:
    719
    Likes Received:
    171
    I think you're putting too fine a point on it. The reference to brass/copper/lead would involve ammunition. These are precious in the regard that ammunition is precious. C'mon - crack a smile...
     
  9. Martini_Up

    Martini_Up
    NW USA
    Well-Known Member

    Messages:
    1,738
    Likes Received:
    2,064
    :bluelaugh:
     
  10. swoop

    swoop
    Milwaukie, Oregon
    Well-Known Member

    Messages:
    2,080
    Likes Received:
    284
    Read post #2 :laugh:
     
  11. armedredneck

    armedredneck
    Oregon
    Active Member

    Messages:
    273
    Likes Received:
    34
    Yep. +1
     
  12. PhysicsGuy

    PhysicsGuy
    Corvallis, OR
    Resident Science Nut

    Messages:
    4,134
    Likes Received:
    162
    Oh I see the humor, just giving ya guys a hard time on the practicality :laugh:
     
  13. trainsktg

    trainsktg
    Portland OR
    Well-Known Member

    Messages:
    2,672
    Likes Received:
    824
    You need to lighten up and get with the humor program, Sir ... :rolleyes:

    Keith ( :) )
     
  14. BigCat

    BigCat
    Portland
    Active Member

    Messages:
    423
    Likes Received:
    32
    Holy smokes, wasn't silver just $14 last year?
     
  15. Ragingpit

    Ragingpit
    Rochester,WA
    Member

    Messages:
    167
    Likes Received:
    12
  16. dave

    dave
    Independence
    Member

    Messages:
    371
    Likes Received:
    18
    Hit it right on the head!
     
  17. MrNiceGuy

    MrNiceGuy
    between springfield and shelbyville
    Well-Known Member

    Messages:
    1,663
    Likes Received:
    674
    When SHTF, gold will be just a shiny rock, just like money will just be toilet paper....

    In that scenario, i'd rather have extra toilet paper than extra shiny rocks.
     
  18. EZLivin

    EZLivin
    SW of PDX
    Well-Known Member

    Messages:
    1,164
    Likes Received:
    301
    But rocks can be rinsed off and reused (the flat ones are the best 'scrapers'). Toilet paper can only be used once.
     
  19. MrNiceGuy

    MrNiceGuy
    between springfield and shelbyville
    Well-Known Member

    Messages:
    1,663
    Likes Received:
    674
    scenet.jpg

    I'm fine with single use toilet paper
     
  20. coctailer

    coctailer
    Portland, OR/Hastings, MI/Vancouver,WA
    I run with scissors.

    Messages:
    5,074
    Likes Received:
    611
    Silver has been almost $20 higher than it is now.

    It could possibly go back to $14, $12, $10.............I don't have a crystal ball.

    Maybe $40? $11? 36? 18?
     

Share This Page