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- From: Gene GeRue <genegerue AT ruralize.com>
- To: Homestead <homestead AT lists.ibiblio.org>
- Subject: [Homestead] James Wesley, Rawles, on gold
- Date: Fri, 2 Jan 2009 16:59:00 -0700
5.) "What will be worth more in a collapse, gold or ammunition?"
When I wrote the novel, I described common caliber factory loaded ammunition as the ultimate barter item. It has a lot of advantages:
A.) Nearly everyone will want/need it, and even most of those that don't will still trade it.
B.) Extremely long shelf life (50+ years) if stored in military ammo cans.
C.) Relatively compact per dollar (unlike toilet paper.)
D.) You can't defend yourself near as well with a Krugerrand.
A proviso: Only buy designated barter items after you have your family logistics squared away. Furthermore, only buy precious metals after you have your retreat completely set up and fully stocked. Unless you are in the upper 10% of per capita income and have been stocking a retreat for several years, odds are that you shouldn't be buying any precious metals beyond some junk silver coins for barter.
Gene GeRue
www.RURALIZE.com
-
[Homestead] James Wesley, Rawles, on gold,
Gene GeRue, 01/02/2009
- Re: [Homestead] James Wesley, Rawles, on gold, bobf, 01/02/2009
- <Possible follow-up(s)>
-
Re: [Homestead] James Wesley, Rawles, on gold,
Clansgian, 01/02/2009
- Re: [Homestead] James Wesley, Rawles, on gold, Gene GeRue, 01/03/2009
- Re: [Homestead] James Wesley, Rawles, on gold, Clansgian, 01/03/2009
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