When the USA dollar collapes, you will need silver to purchase goods,
Hyperinflation could of already begun in USA with the massive printing.
No one will buy USA depts, when this happens. the usa will print to pay back previous bond dept.
Causing hyperinflation and the destruction of the dollar.
dude this will take forever
you have to look at the year and the silver content and the denomination.
And its worth is like always changing...
MrBigEnchilada 4 months ago
@MrDbailo You are right about that, but in a case to case living scenario I figure this, most all people will panic and most food supplys will be wiped out and no trading will be done at all with gold nore silver unless its to the people who make thease electric devices,wich will be very few. Most farmers will only accept trade like in the 1800's. Unless we find a way to use energy to make real food out of thin air,lol, this would be cool.I would buy a electric food maker.
mystic81006 8 months ago
@mystic81006 You are correct in stating that precious metals are rarely a source of value in a basic barter system economy (unless accepted as valuable or accepted as coinage). If a situation occurs where electricity is widely unavailable and electronic equipment is scarce, then silver will play a negligible role in society... If not, it will be highly demanded in industrial use
MrDbailo 8 months ago
@MrDbailo You cant drink your cows with silver if the dollar goes bad,You cant eat gold if it is worthless,shure we have wind turbins and they work ok,and we also have solor but in the end, if thease idea trullyworked as well as coal we all would be using wind for electricity. Most wind turbines dont produce electricity for much at all.So when we use up all our recorses then we all will care less for gold and silver unless we want to make something out of it that is worth something.
mystic81006 8 months ago
@MrDbailo This might be,but when thing getreal bad no one will care for anything like you just stated,none of it,What do you think people will want to even want a pc when there is no real electricity? Do you think the worlds electricicity will last much longer the way we are using coal up? Do you think there is even a chance that we will need gold when all we will care about is food? We are already in a drout in colorado and people are getting ready to sell off alot of there live stock from it.
mystic81006 8 months ago
@mystic81006 Silver is an essential industrial metal, not just a precious metal. It is used in almost every piece of electronic equipment. Renewable energy technologies such as wind turbines and solar panels also require silver in their construction. Very little silver is even recycled, most is used in industrial production... I think you are mistaken...
MrDbailo 8 months ago
barter system here we come! i'm gonna grow 100 pounds of marijuana...
Dymez187 9 months ago
Pretty soon gold and silver also will be worthless as there is not to much you can really do with gold or even with silver, shure you can make cool stuff out of gold and silver but thats as far as it gets. No gold or silver will ever grow and reep a crop field for you, my point is this will have to happen for a while but real soon everything will be on item trade once agien.I TRADE YOU MY POTATOS FOR YOUR GAS...
mystic81006 10 months ago
this is only the start
MrDiamondleader1 10 months ago
this is cool, i know most want to keep it, but there may very well come a time soon that you will have to use it. that is the point of hoarding it right now.
indibabs122275 1 year ago