SELL your SILVER if you live in a BIG CITY!
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- เผยแพร่เมื่อ 15 ก.ย. 2024
- If you live in a big city you should think about selling most of your silver
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I hate to tell ya but, you will NOT get out of that city. IT will grid lock VERY quickly. Be prepared to protect family and home, maybe dig under. Your NOT getting out. Your only chance is to get out now.
Agree
Look how it is at 6am with daily traffic or 4pm 😮😢🎉😂❤
100% perfect and do not travel fast routes. The slowest route will be the fastest in an emergency. A high ground clearance vehicle is a good idea. Cars and these small crossovers are worthless.
You get out on foot off the roads
Worthless bullshit. This guy is a chump.
We will never pay off 34
Trillion dollars impossible.💯🇺🇲🇺🇲🇺🇲
Not true. We can easily pay off 34 trillion dollars. However, in doing so, we would go Weimar Germany.
OutHeroXero means that the government prints its way out of debt. Hyperinflation!
Why do you think the oligarchs,etc. are so eager to wreck everything? In order to seize it all and bail out their misdeeds…bolshevik style…
Every 100 days is adding a trillion more.
In my opinion, its crazy to live in a city. I live in rural southern Minnesota. Woods, rivers, lakes, Wildlife galore, cheap living, no traffic, peaceful, relaxing.
Civilization is urban.
Naa. I'll wait until silver actually goes UP before selling or trading.
What makes you think it's ever going to go up? Silver hasn't even kept pace with inflation over the past 15 years.
@@frankablerThe silver i bought at $6 a ounce I think is doing better than the paper money. Either way the key is to diversify
Smart
@@frankabler Been in the market 21 years. Its all a waiting game, and I have time.
This is the way.
Where are you going to go. Most people don't have a bug out spot to go to. There would be gridlock to leave in a vehicle to get hijacked and robbed. Try running. Good luck. 😮 Keep PMs in the safest place possible. God save our souls.
Prepare for the worst, and pray for the best, Keep Stackin bro
I love gold because the government stopped making papers bills larger than 100 dollars years ago because they don’t want us Americans to be able to have the freedom to transfer and be portable with large amounts of money easily. Gold does that. Diamonds do to but I’m not sure about investment purposes. This isn’t financial advice.
I'm not a financial advisor...buy diamonds aren't a good choice. Diamonds aren't anywhere near as rare as they're made out to be (De Beers limits aboveground supply). Not only that, a diamonds _value_ isn't readily clear and varies based on clarity, cut, colour, and karat. Most jewelers are in the business of selling diamonds...not buying; unless you have something truly spectacular, you won't get anything near what you paid (if you even get an offer at all).
Any touting diamonds for investment purposes either doesn't know what they're talking about or profits from their sale.
Being from the peasant class..... Silver is for barter and Gold is for wealth preservation!
We don't live in the 1860s. Corporations control the supply chain. You are not going to be able to buy anything with silver.
Silvers just not worth that much. But I would argue a person can still put a small fortune in a suitcase if it’s full of silver. It’s not that hard to carry 5o pounds of silver. Gold is still much better but I continue to stack both, we live in the country, far away from cities.
Im nowhere near a big city, but it still makes sense and something I've been keeping on top of my mind. I'll never sell my silver for gold unless the GSR tells me to. Still appreciate the video.
I started stacking silver in the mid-80s... made the move to mainly gold in the 2010s. So as a (somewhat) wise old sage (at least old), consider 70:1 to be about the best it's gonna get. MAYBE you'll get 65:1 for a few days, but I'm surprised how many people think 16:1 will come around again. Dinosaurs will come around again before 16:1 or anything close. I respect the fact you're at least looking at fiat alternatives. Silver is not the common man's gold any more than bitcoin is digital gold. I hope you get some yellow metal to keep your silver company!
@@BrianHeimbuecher i appreciate your wisdom my friend! I am of course realistic in this matter and don't expect the GSR ti get anywhere near 20:1. I probably have more gold in ratio terms than maybe i should, lol. Gold is my main hobby. I had just made a comment somewhere and it basically was, "I'v been buying my tubes of silver in-between my gold purchases." Thanks for the reply, my friend.
Same here
The GSR is pretty high right now,......I'm thinking about it.
@@scottwilliams5642 Selling gold for silver? Because with the GSR as high as it is now, that’s the only conversion that makes financial sense.
You are precisely right. Gold is for wealth protection. Silver is more for barter. There are plenty of stories of Jews fleeing Nazi Germany with a few gold coins sewn into the seams of their clothes. But, if you have to run, you must have a place to run to. During flight, you are more vulnerable. My advice - keep 80% in gold and 20% in silver. Defend your homestead as best you can. Fleeing is a last resort.
Yes, if you can, stay put.
Traffic gridlock, everyone is fleeing. Road rage!!!!
You are right on target, well said.
Yeah, right! Slug it out! Be a God-Damned Hero! NOT!
@@busterbiloxi3833 Or run and get stuck in a meat grinder. Personally depending on the issue staying home is always my plan , easier to protect because I know where I am. End of day no one should be trying to slug it out anyway unless you have a squad or better to back you up. YMMV
Been buying silver and trading it for Gold...keeps me in both the silver game (if it ever breaks out) and the Gold game....I love brass too. Got lots of Brass with lead.
I have a motorhome to bug out in. Lots of space to carry 500 lbs. of silver. So, I'm all set.
I really like the idea of a motorhome, but I worry about how I would handle it if I had engine trouble. I'm no mechanic and I sure wouldn't want to be stuck who knows where. How do you handle (or plan to handle) such a scenario?
this is info you keep to yourself.
Road gridlock? Everyone is fleeing!
Road rage, “Hey, Get out of my way!”
When you can't get fuel what will you do?
Now everyone knows. You’re toast!
You're not wrong but it all comes down to time and situation. Most plan to bug in.
From Queens NYC, Salute And Cheers To All Stackers
Good discussion but major issue with the way of thinking. 1st off buy only 1 oz coins. In fact constitutional even better. Have it packed in safe ready grab and go. Leave buying large bars for investors.
Gold is great but people for the most part have no idea about gold and are less likely to have means to barter for a 2000 dollar gold coin. But a 25 dollars silver coin is better choice. So I say buy both but be prepared to move it simple.
Actually, coffee, toilet paper, bottled water, canned food, propane.... that's the barter stuff. That's for a short-term emergency. For the zombie apocalypse? I say don't shower. You'll be less likely to be eaten by the gangs of zombies. Being Rambo Jr. or Mel Gibson in Mad Max is merely a dream in a REAL SHTF situation... Ironically Europeans stack gold. They learned that from their parents/grandparents. Now THOSE people knew how to survive SHTF....
I completely agree. Silver would be very heavy. But they’re still seems to be the problem of making day to day purchases. How would you buy a burger, fries, and Coke with gold? Or 5 gallons of gas? Or a quart of milk? With gold? Sorry for the stupid questions, but I am new to this. Good information channel. Thank you.
Those are not stupid questions at all! There is solid logic given in this video if you are in any scenario that involves bugging out. Of course, I'm not qualified to give financial advice, so make your own decisions. That said, I've been in the PM game since 2008, so I have a fair amount of experience (good AND bad.) If I were worried about bugging out, I would put my primary focus on gold as the video recommends. I would also make it a point to have several hundred dollars face value in Constitutioinal (pre-1965) 90% silver coins - mainly dimes and quarters. A few tubes of American Silver Eagles wouldn't hurt either. There is a good premium above spot price when buying those two types of silver, but there is a reason. Those are the most desired/recognized types of silver and when things get crazy those are the types of silver people want. I remember how the premiums on 90% coins and ASE's went ballistic with the Covid hysteria. I was sitting pretty as I already had a good amount of both. There are times when the premiums aren't so bad, and you can buy in those times to save yourself some $$$.
constitutional / junk silver coins
You can buy 1/4 ounce, 1 /10 ounce and gram gold coins. Canadian Maplegrams cards with 25 small 1 gram coins are a good choice for smaller purchases…
A few tubes of generic rounds or Silver Eagles. The rest in Gold which is easier to hide imho.
Just where are you planning on going?
I have heard many versions of this point. Though I like how you put it in no nonsense stark terms with visuals. Gold is too expensive for me. I only stack/collect silver because I could afford it. So silver is a great opportunity for the little guy to get his foot in the door. Now what happens if there is a big jump in silver prices? Say a couple hundred dollars an ounce. Even a $100 an ounce. Then you have another dilemma. Most people would panic realizing their silver quadrupled. Is it well hidden? Who knows you got a significant stash of silver? Should you have it insured? Do you have an alarm? Is it protected? Do you need to keep it in a vault not located at your home? The elites will hold silver prices down as long as they can. Yet silver has been money for thousands of years even more so than gold.
If silver goes to 100, a big Mac goes to $80
Where would you go exactly? In the woods?
Anywhere is better then being a sitting duck
Not a good ratio to swap out right now!
This is especially a reason for fractional gold
1/10 oz = $200. Still a lot of money.
The 25 Maplegram cards are kind of nice…
@@frankabler275-300 where I'm at
If we have to flee our home in SHTF, we’re driving and I can throw our entire stack, silver & gold, into the car in less than 3 minutes and it can readily be stashed out of sight from outside the vehicle. This is EXACTLY why you don’t bury your stack, store it offsite in a hard-to-access location, or have it hidden at home in a location that takes a long time to access. If it’s a hunker-down SHTF, we’re barricaded (and armed) in our home. Either way, I think we have a good chance of getting through a crisis safely. I’m not selling our silver.
Where are you going to buy gas when the grid is down? You are deceiving yourself
@@js1112111 Got our supply already secured. Think we’re not prepared? You’re deceiving yourself.
Rafi Faber had to store his silver with friends when the war started in his country. IF YOU DONT HOLD IT YOU DONT OWN IT, staking silver is a HUGE Mistake GET GOLD NOW
Ya your right on brother besides the only way I would store it at home would be to lock and load baby. For I would be sorry for the dumb ass that tried to enter my home without being asked if that were the case . Lol
Even if I still lived in the big city, no way I'd be selling at a ratio of 90:1. I'd have to be in a very dire situation. But, it is there for that emergency/insurance situation. If it were in my bank account, no doubt I would have spent over half of it.
The ratio will narrow, guys. Patience. We're in one of those cycles. $50+ an ounce? Who can say. But I'd wager we see at least 65:1. And that's the minimum I trade for gold. In contrast, 'IF' the ratio widens to 100+:1 I'd trade gold for silver in a heart beat.
It doesn't matter where you live, your house can catch on fire anywhere USA and you have 2 minutes to grab a handful of items and get out. Or it could be a hurricane, tornado, or flood. I keep my copper bullion ready to go in my bug-out bag.
My copper "bullion" is pre-82 cents collected at face value. Lots of them. :)
_If you live in a city... yeah of course._
I don't live in the city, & I really like my 'barter' silver. I also got ammo.
Yes gold is more valuable and easier to move. However in a true emergency youre going to want food, water, shelter, security and medical services. Good luck running through the emergency and riots trying to sell or barter anything at that point.
Gold is good, but what are you going to trade, or how are you going to buy something small with the high-priced gold? I live on 50 acres of farmland outside a small town. I am a combat war veteran who is not going anywhere.
I think about 20 lbs (320 one ounce coins) is a reasonable limit to how much silver you should hoard. One ounce coins should be very useful if there was a currency failure and you wanted to buy say a tank of gas or a bag of groceries. The rest should probably be gold. Or if you’re a mega millionaire cut diamonds. There is a good chance you will be robbed on your way out of the city anyway, so leave now!
How do you barter with two thousand Daller gold coins? or use it that's the reason you need silver.
You can buy fractional ounce gold coins or 1 gram coins or 5 gram bars
When the shtf people will trade 100oz of silver for clean water or gas. Stop lying to yourself
@@js1112111 good buy ten oz gold bars then.
yep, I thought about it last year, sold almost all my silver 125 lbs and purchased gold
Good video. Thanks for your insight. In my opinion, it's still good to have silver, just proportion it accordingly with gold. Myself, I'm concentrating on gold, but I do still stack silver. Maybe 35 oz silver to 1 oz gold. I live in the country...and in Canada
I wholeheartedly agree! Stack your silver until you have enough to buy some gold and convert your silver then buy your gold. Silver is fun and it’s beautiful but you are exactly right it can be too heavy and cumbersome to transport. But do stack your silver in order to save for the gold.
That's STUPID!! You are stacking silver because it is the most undervalued asset on earth......and now that you invested in your payday, you are going to give it all away for gold because it's "safer and easier to transport"??? At 90:1, I think I'll figure out a way to keep my silver......thanks very much.
@@sitnhere obviously you don’t know anything about the historical value of gold. In the 1920s gold was $20 for 1 ounce. How much is it worth now? If you don’t know the past price and the current price then you know nothing. Silver how much was silver in the 1920s and how much is it today. I never said don’t stack silver, but you are a fool if you think you’re gonna be able to transport tons of silver.
I agree that the SGR is beyond ridiculous. I think it will come WAY down some day and that is why I stack mostly silver. The question is, how long can we wait in this extremely long game...@@sitnhere
@@ZsuZsu0513 Obviously your situation and financial standing is much much different than mine. What you see as foolishness would be foolish for you.....not necessarily for me or others in the same boat as me. I will keep stacking silver.
@@sitnhere you’re absolutely correct. I am 60 years old, Blind, and on Social Security benefits. I started stacking at 15, if a child can do it anyone can do it. Everyone makes excuses for what they can’t do and never try. But in reality, you can do a lot more than you think you can. Where there’s a way there’s a will. Constitutional silver is free, just look for it in the rolls of change. You can go to the bank and trade paper bills for coin rolls. Open up those rolls and you just might find constitutional silver. Quarters and dimes are usually the easiest. and even if you don’t want to do that, you can go to the coin shops and buy a coin at a time, no one said you have to buy tubes or monster boxes. I certainly could never afford that. When you think you have no more in you to give, you still are only at 40% of what you are willing to do. Try harder try to reach for that hundred percent of effort. keep stacking.
Did you think about if you only need to spend $ 50 and you got 5 oz gold , how you gonna get 50 bucks ? You need some silver one oz rounds or bars. You are not thinking straight.
1/10 oz of gold is still $200. That's a lot of money to trade for a gallon of milk.@@Goldylocksss
Silver and ammunition food and water
Sell your silver 😂😂😂.
I prefer to keep mine.
PAPER money is worthless.
Can you pay your taxes with silver? Suddenly, paper money isn't so worthless.
As I write this on 2-7-2024, spot gold is $2,041.10 and spot silver is $22.46. Would you rather have 1 oz of gold or 90.9 oz of silver. I personally think the gold to silver ratio is out of wack, so I think the reverse. Trade your ounce of gold for 90 ounces of silver.
Excellent Topic! I swear the more you post content here on TH-cam the more I like you Sir.. Like and Subscribe Folks, I Did 👍. I believe in "Both" Gold and Silver as a way to protect your wealth, also believe what you talk about in this video applies to everyone no matter where you live. When you pulled out the two 100 oz silver bars and the tube of gold maples says it all and one of the reasons I personally hold the metals at at ratio of 75% Gold and 25% Silver. Plus at my age I don't have decades to wait for silver to make a run up again. Anyway, keep up the good work and thank for another .9999 fine video Sir.. Life is good. God Bless
If you sell your silver you have to sell your gold too, What happens if we get attack by an EMP strike. How are you gonna utilize the grid for purchases ?. How about your food.? How are gonna carry all that. Burry the em fkr for later. Practice exercising so that your body will be used to stressful situations.
If a SHTF situation? I think cash would be king first and foremost. Followed by a debit card with a known balance. A small stash of precious metal might be helpful short term but the public has no idea the value of gold or silver. So tread with caution unless you think you might want to bribe someone of power. It's all eye-candy until SHTF!
Cash, yes - for a very short time. After that, silver and gold. The people used to use them. They will learn again very fast. You won't be able to depend on the banking system as it's already getting wobbly. In SHTF it will be all about what you have in your hand at the time.
I have a Monster Box and it's very heavy I keep it in a hand held safe I can carry, it only holds 24 tubes.
What you say is True, but Not Right. Stash it, gps locate, return later, multiple locations, Now
Reasonable and worthy of consideration on weight to value mobility.
Buy a small farm house and bury your silver.
Americans from both sides have to band together and tell your congress men and senators to get out of the 800 military bases around the world. Protect your borders and build that wall. $34 trillion of debt will disappear by a couple of trillions overnight.
So tired of endless wars. Wasting our young blood and treasure so evil men can get richer and richer. We need change in a bad way.
Are you serious?
Yeah I found this out a few years ago when I accumulated close to 500 oz overseas and had to come back here. Not lugging that to the airport and putting it on a plane. Sold half and stashed the rest in my furniture shipment.
I have been thinking about this recently. Makes alot of sense.
Yeah I'm a long ways from having a problem of too much weight in my "stack". But I also live off grid 100 miles from the nearest freeway in a county with 700 people. If you're in a big city when the SHTF hauling your silver is going to be the least of problems
Maybe you can transport them in a bag… nobody sees! That’s how I do it.
Very good insights... There is always a lot to think of in life... no guarantees... My advice... never do anything out of fear... I have always purchased silver for the beauty of the coins... so maybe I was never a "stacker" in the sense of buying for weight... I did always think of this aspect from the moment I started with precious metals, so I was more into gold myself.... Yet I still wanted silver so I just have to leave the silver behind if I have to run. I will take my diamonds and my gold and run with that... :)
You are not "doomy". You're being practical and realistic.
That's why I would still get gold from highly fractional up to 1 oz along with stacking silver, even with today's GSR. I'm using my own GSR range between 40-50 to 1, buying as many deals and dips as possible within my budget, along the way. Also, if feasible, some silver could be packed on very loyal k-9 companions(much emphasis on feasible). But, you absolutely have to have some high octane(GOLD).
While I think this is a valid discussion, taken to its extreme nobody living in an urban area should collect and store more food than they can throw into their car in an emergency. Everything in life has its trade-offs, and this is another example where people will need to apply their best judgment.
Great Video Just Convert The Real Physical Silver into Real Physical Gold and This Applies To People Living Anywhere.
Yeah, real smart, why would you sell silver just before? It goes up to a historic Highs in a history of mankind.
Come on you can grab at least 500 oz and get
It's a very good point. Some people might want to consider converting a portion of their silver to gold for that very reason, it brings logistic diversity to the stacking. You might have to leave some silver behind in an emergency but if you have some gold you could save maybe half of your holdings in the interim.
Bury your silver. Take your gold with you as you suggested. You can always come back at some later time to retrieve your buried silver.
Not if a flood or ocean washes it away or out of the ground, where it could be found.
I think silver will go back to 15 to 1, maybe lower. Most people have no options, but to stay in place...
The idea that you can run away to some utopia is silly. Why would it be any better in Mayberry? Learn to defend where you are. I cant imagine leaving the only home i have, because my nuts are too small to fight. Trading at 90-1 seems very silly.
You want both if you end up in the country setting it would be harder to sell a ounce of gold VS silver not everybody going to have the means or money to cover a ounce of gold on the spot of trading.
Silver takes up a lot of space compared to Gold. Agree 100%
How would pay for small purchases with an ounce of gold. I suppose you could hold gram bars. I'm keeping both Ag and Au.
I understand, I don't live in a large city but I live near several big towns. I'm not rich enough to make a difference, but It is good advice.
He's absolutely correct .
I dont think evacuations should ever be mandatory. I will guard that stuff with my life!
I live in Florida...Horse country.
having too much silver seems like a good problem when it goes to 12 to 1
Or maybe lower, even 1 to 1!
That sure is a nice thought. I've been stacking AG since 2008 hoping for something like that, but it seems to keep going up and up. It would sure be nice to know the timeline of a SGR collapse. I'm getting old waiting for it.@@tlgallego7445
Solid discussion. Thanks for the video.
Thanks for watching!
He’s absolutely right
Where you going to run too ?
Anywhere but in the city
I agree, maybe more dangerous to leave! Highways will be blocked.
Lol...sell now when it's so low...your nuts with this doom n gloom...where you buggn out to😂
I’ve always thought it was easier to offload 1oz silver than 1oz gold
I've been in PM's since 2008 and I can tell you silver is every bit as liquid as gold, especially at places that buy both regularly.
It’s really not a Liberty safe it’s actually a liberator safe cause when they clean you out you’ve been liberated of all your possessions. 😂
With todays G & S ratio you get FK-ED trading across. You put it in a cloth bag, carry to car
Yep. I'm getting old waiting for the SGR to come down so I can trade for yellow metal.
@@Mike.L.you like me are getting old anyway. 😊
Own a pickup with a lockable, covered bed. Or, rent a U-haul.
100% correct. If you live in a big city, you're going to want to have a little bit of everything in Silver, only in 1 ounce increments or below, and probably 500 ounces or less. I'd argue that 200 ounces comprised of Constitutional, government minted coins, 1 ounce generic rounds and bars is a good mix, and about 200 ounces is an ideal amount, but 500 ounces is doable, as a maximum. Anything else should be kept in Gold, preferably in fractional variety. Make sure that you have a sturdy backpack and/or a very sturdy tool-bag type bag that can handle significant weight to carry your stuff out in. Zip tie your tool bag handles together, and zip tie the zipper to the handle so that it's not super easy for someone to get their hands into, if you happen to get into a struggle. It's all good advice. I don't want the country to collapse either, but it's an obvious risk, given trajectory that America has been on for decades now. Your customer in the sunglasses looks like Wally from Leave It To Beaver. 😂
I expect my gold to be either required to get past or confiscated in the process of crossing a border/boundary in truly bad times. That's where the 12 words do the rest of the lifting.
Gold for bugging out, silver for bugging in.
Thanks, but....If you have to leave in a hurry as you say, how are you going to, if need be, move several/multiple members of your family (poss. even someone in a wheelchair, or disabled, or babies/children, or animals), how are you going to move firearms if you have multiples, or more than one vehicle, or a particular vehicle, or adequate but potentially bulky food, medicine and water supplies? How are you going to handle any of the possible and various SHTF scenarios if you're miles from home when stuff goes down? You could be in gridlock on the freeway/highway/turnpike.You could be in an office 80 mi. away. Or at 3000 ft. in an airplane travelling. Or in the hospital emergency room being treated for a broken leg. Or trapped by the dangerous chaos below in the upper stories of a high rise building. In all cases the best you can do obviously is try to have some contingency planning/plans with these kinds of details considered in advance. That's it really, the most you can do! But, you have to give it some thought and have a rough outline (discussed among the responsible adults concerned) of what you might attempt to do, where you might hope or attempt to get to or go, who is responsible for what gear, equipment and supplies or 'stuff', what to do if separated etc. Your store of valuables is certainly of concern, but in many possible cases, (some mentioned) is not even going to be 'the primary' concern. Your 'helpful' rant sounds just a little bit alarmist ( with an element of 'hair on fire' energy to it) , though you used the term, "common sense" when urging people to switch out to gold for minimizing weight and bulk , which may even be a consideration but is such a small piece of the greater whole. Heck, gold could prove to be the harder metal to trade for goods and services in certain adverse situations. It's all just speculation
You're right. The GSR is high. That's why I'm going hard-core on silver. If you're a prepper, you'll be ahead of economic policies, and be set up before the ball drops. Plan and practice. I'll admit that if someone has kids, it's a different ballgame. But I live a simple life, and I'm never so comfortable that I wouldn't be ready to drop everything on a dime and leave town.
I actually live in a big city (Seattle). I have been stacking silver and gold but as of this year going more towards gold. Silver is more of a trade so I too will wait until silver goes up. I am still committed to stack a monster box of ASE and currently at about 10 tubes. I agree with you put at the same time I believe you should not change your goals on a what if but be more mindful of it. Thanks for the video
Too old to run, hell with it, bring it!! 🤷♂️😂😂
Right. Besides, I've never been afraid of a fight, so why start now?
You are right on target if we consider the aspect of getting out out of Dodge - Not sure what the Silver to Gold ratio will change to in the near future but it will change soon. Current ratio is 90 to 1 how much lost will one incur if they sell silver for gold right now versus when we get to 50 to 1 or 25 to 1 ? Just something to ponder. 1,000 ounces of silver is equal to exactly 62 pounds and 8 ounces. IF I had to evacuate and could get out of dodge, I think I could find room in my truck for my silver. You make some very good points and I do plan on converting much of the small amount I have of silver into gold when we get the next silver spike. Silver will spike soon.
That's why I diversify my stack, in a shtf scenario and if I had to leave, ( which I wouldn't because I live in rural community), I'd bury the majority of my silver, carry my dimes and quarters for barter, but take my gold ....common sense
welcome to the party (gold party) why do you think the ration is so high (better store of value)
always has been always will be......ALWAYS!
If i had to bug out from a urban environment i would stack gold 20:1 over silver. Easy to pack it out. I'd probably stack 1/4oz or 1/10oz so i could still barter.
I think the safer bet is to get out of the cities NOW!
I agree
I've thought about that a lot lately. I'm way too heavy on silver! With the ratio over 90:1 I'll hold my silver until that ratio narrows
Anything could happen. Anything is possible. Best to keep 50/50 gold and silver. Grab all gold if you need to run. Give your wife the silver to spend! lol
Bring the ratio down to 70:1
The issue with bugging out with a lot of weight is a problem. Bug out with gold coins is a problem as well. Are you gonna pay/barter one gold coin for a few gallons of fuel and a couple meals?
If you would bug out at all you may want to move away 45 minutes to an hour and commute to work. Oh and if you were to move out don’t bring that city or metro attitude and way of life with you.
Back in ancient times, silver was used for monetary goods and service more than gold. When the kings or sultans decided to travel with their caravan, they figured it out after several attempts that they were carrying so much silver. Does they would switch to gold instead because they didn’t have to take as much when they switched over to gold as the standard. expect the worst, prepare for the best and whatever comes both will be equally as important in survival.🤔🤯🤯
Won’t matter in Vancouver BC , there is only to ways out of the area besides US border and by boat, the area is a fish bowel, can only bug out in the mountains were bears cougars wolves and Sasquatch will eat you.
In Australia, large bullion dealers have this option call Pool Allocated , where customers buy precious metals near spot price and free storage. You can sell and redeem your investment to physical silver at spot price.
In that scenario, why even buy gold at all? I stack silver, and a lil lead, and I ain't stopping.
10,000 in gold is easier to transport than 10,000 in cash or silver
I’m in the process of trading my silver for gold. Got way to much silver for my comfort.
Good information everyone cannot afford gold.
One pocket of constitutional silver and the others pockets gold!
Waiting for gold to silver ratio to dip below 50 before I start trading silver to gold.