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Precious Metals

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

  1. Sasquatchvnv

    Sasquatchvnv Port Orchard Active Member

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    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 Bronze Supporter

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    I am investing in copper jacketed lead.
     
  3. Sasquatchvnv

    Sasquatchvnv Port Orchard Active Member

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    Absolutely - Lead and Brass are also Precious Metals.
     
  4. PhysicsGuy

    PhysicsGuy Corvallis, OR Resident Science Nut

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    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

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    copper isn't a precious metal? why did they stop making pennies out of copper again?? :thumbup:
     
  6. Sasquatchvnv

    Sasquatchvnv Port Orchard Active Member

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

    PhysicsGuy Corvallis, OR Resident Science Nut

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    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

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    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

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    :bluelaugh:
     
  10. swoop

    swoop Milwaukie, Oregon Well-Known Member

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    Read post #2 :laugh:
     
  11. armedredneck

    armedredneck Oregon Active Member

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    Yep. +1
     
  12. PhysicsGuy

    PhysicsGuy Corvallis, OR Resident Science Nut

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    Oh I see the humor, just giving ya guys a hard time on the practicality :laugh:
     
  13. trainsktg

    trainsktg Portland OR Well-Known Member

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    You need to lighten up and get with the humor program, Sir ... :rolleyes:

    Keith ( :) )
     
  14. BigCat

    BigCat Portland Member

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    Holy smokes, wasn't silver just $14 last year?
     
  15. Ragingpit

    Ragingpit Rochester,WA Member

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  16. dave

    dave Independence Member

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    Hit it right on the head!
     
  17. MrNiceGuy

    MrNiceGuy between springfield and shelbyville Well-Known Member

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    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

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    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

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    scenet.jpg

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

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

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    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?