Posted by Bret4207 on February 26, 2014 at 03:58:44 from (64.19.90.196):
In Reply to: Buying Silver? posted by DaninKansas on February 25, 2014 at 13:28:11:
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The problem I have with this idea, and it's discussed eternally on EOTWAWKI sites, is that if it all go to pot and you come to me with silver, gold, gemstones, etc and want to give me that for a lamb...you're leaving without a lamb. I wouldn't know gold or silver or diamonds from worthless junk. Bring me tools, ammo, spices, sugar, rope, etc., something useful and we might make a deal.
Also, don't forget that FDR seized all private gold (with few exceptions) back in the 30's and manipulated the market so that gold rose dramatically shortly after that to his advantage. My great grandparents had gone through the "Panic" (depression) back int he 1890's and kept everything in gold after that. They lost their business when their gold was seized. It could happen again.
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