Buillion Dealers ?

[granitebox]

Originally Posted by John Mercier

That would not equate to a collapse of the world economic system... it would simply be an uncertainty.

Precious metals and gems have been used throughout history to store and transport wealth due to compact size and being non-perishable.

Collapse would be more like the ''Walking Dead'' or ''Naked and Afraid''.

Survival training is very specific.

You keep changing the topic to fit your argument, its time to let this die - Gold and Silver can have multiple uses. If your opinion is it doesn't, you be you.

[John Mercier]

My opinion?
What survival course teaches the students to gather as much gold/silver/gems as possible?

Displacement happens often. People take whatever of value they can carry. But it isn't a collapse.

Look at the historic chart of gold/silver vs even a dynamic asset like stocks in either the Dow or S&P... you'll find the the ratio does invert during times of uncertainty, but they were not times of a collapse.

I haven't move the bar... a collapse is more than just an uncertainty.

[granitebox]

The topic was simply sources to invest in bullion.

The whole survivalist thing was introduced only as the explanation for the premium on the US Mint Silver Eagles - it will moderate for certain.

Its your opinion that folks don't need silver and it doesnt have value, the market would say otherwise.

Many reputable financial folks, including Warren Buffett would argue having silver (and gold) in your portfolio is good strategy.

In this case, your opinion about the value is flying in the face of what the market is telling us. Would I invest 25% of my savings in Silver or Gold, probably not the best choice but Silver isn't tied to the US Dollar - Metals are a reasonable hedge against market forces.

[ApS]

Originally Posted by John Mercier

That would not equate to a collapse of the world economic system... it would simply be an uncertainty.

Precious metals and gems have been used throughout history to store and transport wealth due to compact size and being non-perishable.

Collapse would be more like the ''Walking Dead'' or ''Naked and Afraid''.

Survival training is very specific.

]

Three things come to mind:

1) The quote, "When Wall Street sneezes, the rest of the world catches pneumonia".

2) Recent news when: "EMP" and "Balloon" are mentioned in the same sentence.

3) Old cars: They are immune to the effects of EMP, and are outpacing investments in both gold and silver! Mentioned earlier: https://www.winnipesaukee.com/forums...ad.php?t=28373

You'll remember the Volkswagen "Thing" of the 1970s? It's a very basic automobile, reminiscent of the G.I. "Jeep". VW "Things" were selling just a couple of years ago in the low thousands. Yesterday, one was auctioned-off for $26,000!

https://bringatrailer.com/listing/19...gen-thing-101/