Tag Archives: trading

Stocking Up on Gold and Silver

 I hear many people in the Prepping World talking about you need to stock up on gold and silver for the post-apocalyptic world. Yes, over the history of mankind, people have sought out precious metals. Yes, it allows for a standard bartering system, if the system was only standardized though.

During the initial phase of the  post apocalyptic world, food, medicine, and basic survival needs will be the key focus and many will barter for them. One cannot eat precious metals. Gold and silver will not save the hungry. Stocking food, weapons, basic necessities of shelter will be the goal of survival, or at least the smart ones.

Investing in precious metals have its rewards, before the economy collapses. Bear and bull markets, I don’t understand derivatives and all the ways the market, but I do understand the bartering between two individuals of goods or services.

In Katrina, there were reports of looting for tvs, electronics, and other non-survival goods. Why? You cannot use a tv to save you from a wall of water. You cannot eat those $200 pair of Jordans. Yes, you need footwear, but that was not the purpose of the looting. People did loot for food and survival gear.

Ammo! Ammo is something that many people do stock up on for safety purposes, but so fail to see the bartering positives of it. Depending on how much you have, you can barter with ammo. Bullets are a dual purpose prep; you can use it for protection or to  hunt game. Back in the 1800’s, saloons would you ammo for drinks. How many bullets can fit into a glass, later coined a shot glass. The saloon owner, or the barkeep, would then sell the ammo for profit.

Alcohol, especially vodka, have many purposes. The obvious, to get drunk. It also can be used as mouthwash, antiseptic, insect repellent, and bartering, just to name a few. Items like this will be something  will be invaluable. With so many uses, it would be something worth it to stock up, or find early during the decline. Better yet, learn how to distill vodka. Knowing the process will be beneficial to save money now and after the stock is depleted  during the breakdown of society.

If you have any thoughts on this, please reply to the blog to start a conversation.

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