Silver – Do You Need It In Your Survival Plan?
The Modern Survival Blog has some thoughts. Here are mine.
Whenever I’m asked almost any such survival question, my knee jerk reaction is usually – it depends.
That’s true of almost all survival questions – in my opinion – because it depends on each individual’s circumstance. Someone bugging in has different needs than someone planning on bugging out.
True, there are fundamental “natural laws” that all have to obey; like the threes – 3 minuets without air, 3 days without water and 3 weeks without food. And there is pretty much where there is “one size fits all” in the survival world ends. Of course we all need shelter and fire as well, but the form of those things is different in different circumstances. And so it is with silver.
If you’re bugging in, you probably can store a lot of silver. But, if you’re bugging out, you’re limited to how much you can carry. And bear in mind all the other survival stuff you have to carry. Only each person will know what’s right for them.
Me personally, I’m lucky in that I collected coins from an early age. But when I started collecting, I made a conscious decision that the coins had to be gold or silver. I wanted to collect rare copper coins, but, I reasoned that if SHTF, at least silver coins would be worth something. Little did I know that the world would be like it is some sixty years later.
So, what’s my plan? I plan on bugging in as long as I can. If it ever looked like I would have to bug out, I’d carry some silver with me and bury the rest.
For anybody else, I’d say maybe buy silver only after you’ve got some initial stocks of food, water and alternate means of heating and cooking – depending on if you’re bugging in or out. But also, AFTER you’ve gotten out of debt. If you’re in debt, I wouldn’t buy silver. By paying off your debt first, you’ll have more money for prepping.
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