Wednesday, May 16, 2012

More on currencies and possibilities.

Good morning,
 There is a lot to be said about any aspect of preparing, and I have only scratched the surface on any part of it.
We need to start from the bottom at understanding, and work our way up. but things will progress, I promise.
I think I am going to fill a little more in on the currencies and possibilities today.  We all know that gold and silver have been progressing in value and a small investment in them is just a start. We have to look at the basis of it, as well as the possible future of that basis. How much longer will we build on the foundation of "Precious Metals" (PM's) only to see the foundation built on another element? Gold and silver has been used for centuries, even Millennia because of it's difficulty to obtain, and rarity as a result. Right now both "PM's" are still used and are only increasing which makes an investment in them a likely choice but, what if the FG decides to start building the values on something we seem to have more access to in order to save the value of the US Dollar (USD) and  was to stockpile and build the value of other metals like Tungsten, Titanium, Platinum, or even Iridium ? How much of those do we have at home, and what is the possibility of our basis changing to save our economy? How do we know they aren't already stocking up on one of these and we won't know until they have increased the value so much we won't be able to find, or get it? I'm not saying we should go out and buy it up, but I am saying to watch the monetary values and if you think one may be potentially a good candidate for such a change, you may choose to jump on the chance to obtain some of one or even all..
Just my thoughts on possibilities..

Going back to topic of gold and silver, I know I bought a small silver necklace 11 years ago for $20 and now it's worth over $50-$60! we can buy it in small or even huge quantities, and all it seems to be doing is increasing in value. Who knows if it will fall to a fraction of what it is now, or increase 100 fold? We don't and take our chances on anticipation... What we know now is what we see, and that is where gold and silver are now, and where the value has been fluctuating. As I said before old coins have either PM in their content and
for the most part we know where to find them. Pawn shops, thrift stores, garage sales, and etc... Relatives may have some they forgot about and be willing to get rid of, or may want to keep them because they know what's going on with it. Our Elders have been through the moments in history we only read about and because of that they had to learn ways to survive and make it, we don't even consider now. We have to face the fact that even though some Elders may seem "Nuts" but what happened in their lives to cause a stiffened or closed mentality? If they will allow it do some digging and picking of their brains and memories, and see if 1+1= 2 or 25, and when you have boiled away the constructs of the end result, does it make sense?  You never know what  a little QA might uncover!


Until next time
    Be Safe and Happy Prepping!

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