REAL PRECIOUS METAL 2
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note: free books. Zombie https://amzn.to/2AdXb9U and another https://amzn.to/2K1B06F EMP https://amzn.to/2K1BlpX
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note: free books. Zombie https://amzn.to/2AdXb9U and another https://amzn.to/2K1B06F EMP https://amzn.to/2K1BlpX
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Keeping in mind all of
yesterday’s caveats about extra investing money and priorities, we come back to
a theoretical choice between two precious metals. Silver is at a very low price, due to
derivatives markets suppression, and both due to undersupply and hyperinflation
( that is how imperial fiat currency ends, yo ) it will only skyrocket in price
from here ( granted, the timeline is unknown ).
Ammunition is at a very low price right now, basically due to a lack of
competition for its ingredients from the Chinese as over production meets
unemployment globally, and it can only go back up in price from company
bankruptcies. And, I should add, both
are very susceptible to political dictates ending supply.
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So, with limited funds,
what is the best pick? They are equally
a bargain and equally at their real end as far as affordable investments. And they each have their down sides. You can’t defend yourself with silver, and
you can’t get emergency funds with ammunition ( when everyone around you has no
disposable funds, ammunition is an illiquid asset. With silver, there will always be a rich
buyer somewhere ). With ammunition, it
only generates wealth through battle and theft.
With silver, it is wealth, forever, but only after the threat against
you life has subsided. And, both are
equally valuable because at the end of the Oil/Industrial Age neither will ever
be produced again.
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I’m not saying “buy both”. If you were able to do that we wouldn’t be
having this discussion. Since both are
invaluable, which do you choose on such limited funds? Look at it this way. Right now, the choice is rather obvious,
based on utility. If you bought $200
worth of silver, that is ten ounces, ten bullion coins ( I dislike junk
silver. I don’t believe most people
recognize their value over bullion because of my ten years in retail I was able
to buy silver from the cash register at face value-it only dried up after
Y2K-showing few folks are aware of silver in old coins. The experts, those assigning value to silver
in trade, won’t care about the difference either. If anything, they assign more value to
bullion for its ease of trade. It doesn’t
have to be weighed and then its silver content calculated ).
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As dirt cheap as silver is
( some think it should be on parity with gold, given the state of its
supply. That goes a bit too far, but
considering how low the gold price is in its suppressed price from the central
bankers, even if silver was one tenth the price it isn’t inconceivable to
believe $500 or even $1,000 silver might be possible today, prior to serious
inflation ), it is still a bet on value.
Ammunition on the other hand, is a bet on your life if you don’t have
it. Granted, silver is essentially
indestructible and ammunition is perishable eventually even if you don’t use it
up, so this is in part a apples to oranges comparison.
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But for that mere ten
ounces, you can buy at a minimum of one thousand rounds of ammunition and up to
three thousand depending on your reloading skill. If you’ll pardon the pun, that is a heck of a
lot more bang for your buck than silver.
Especially considering that most minions probably are as stocked in ammo
as they are in food ( ie, not enough ), three thousand rounds are the
bomb-diggity. Silver is easy enough to
calculate. It is about a buck over spot
price for the dealer fee and about a buck to charge and ship it. It went down recently, but even so about $20
an ounce delivered isn’t too far off.
What about the ammo calculation?
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A thousand rounds is steel
cased carbine rounds. I wouldn’t
recommend it, as most folks seem to agree that it does corrode the barrel even
if it shouldn’t and that it really kind of sucks in accuracy. Not that I think it would matter unduly if
you are in terrain that gives you a max of 100 yards shooting. And we’ve talked about reloading. You can do so with steel, as it is more
pliable than brass due to its manufacturing method. You just can’t reload for guns that need the
case to expand to seal the chamber ( such as war surplus-modern guns are fine
as they are engineered to closer specs ).
I’d also beware the extraction issue.
I refuse to use steel on my Enfield.
They are too rare now to take a chance ( and the spare parts-wow! The
difference ten years makes ). Again,
modern guns are fine in that aspect. So,
steel is fine for some but not others.
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If you do reload, I can
only recommend reloading carbine rounds, even for your old full thirty cal
guns. As per a Brownie Point Award
Winning minions knowledge, you can use Red Dot shotgun powder in battle rifle
cases, if the bullet is a pistol round.
Use 13g of powder and you’ll get over 500 rounds per pound of powder (
the article is at Cast Bullet Assoc Dot Org, titled ‘“The Load“ Is 13 Grains Of
Red Dot‘ ). As a bonus, shotgun powder
is $20 a pound rather than $30 a pound rifle powder. No, this isn’t ideal, but at its cheapest
with you casting the bullets it is also as low as seven to nine cents
each-assuming the case stays reusable given the lesser amount of abuse. Even if you must buy the bullets you are
looking at around 17cent a round.
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Not a great savings over
factory rounds, which is why they are such a siren song buy, but great for
those of us used to buying 50-70 cent 30 cal battle rifle ammo. It turns those battle rifles into
carbines. If you are going with “The
Load”, experiment sooner rather than later.
I heard bad things about the 7.62x39 cast bullet mold, for
instance. Not enough grip and the
bullets fly wild. The 32 ACP mold seems
to work better. But you want to try it
out yourself obviously ( the two bullets would be what I would use for my
303British ). I’m not saying I’d prefer
to reduce my rifle load, grant you. I am
saying that five times the ammo for the
same powder cost is worth the sacrifice in power and range. Nothing is free, especially not lunch. When you lose your Oil Age, sacrifices must
be made.
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In the end, ammunition is
a consumable and silver is a investment in wealth preservation. But in uncertain times, that consumable is
more valuable as it saves your life.
Thousands of rounds of ammo is more valuable than thousands of dollars
worth of stored wealth, when the ass falls out of your civilization. Essentially, you have to give up on the
concept of wealth. That is tough for
most, given the last hundred years of extreme surplus we had the option of
investing in the growth of wealth. NOT a
historical norm. Continuing and
Concluding tomorrow.
( .Y. )
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Seems like survivalists should be focused on survival, not being wealthy post-collapse. After ballparking the amount of silver one might need to get through some economic chaos, everything else should go toward more basic needs. I know it is hard not to think like a good little capitalist afteryears of indoctrination, so people want to figure out how to be a post collapse robber baron. I think that is more likely to get someone hung from a lamppost.
ReplyDeleteThe mistake is in thinking silver is worth two wet farts in the pool during and after the collapse. End stages of the decline, sure, inflation proof property tax ( just beware the new town mafia, having gotten your payment rather than your coveted land, will probably just murder you or plant the corpse of a naked young boy in your backyard ). After that, silver needs to wait through the Dark Ages to be valuable again.
DeleteTracking article. Anon-8:05 is correct as well in regards to priorities. 'Billy Bob' the minion should not desire to be a "baller with the bullion", post collapse riding up to town in a donkey pulled cart with chrome spoke wheels. It won't go over well with survivors who suffer from rib cage protrusion definition physiques and grumbly tummies. A ratio should be established by each member of the Minion Strike Force, according to their location and situation-posture. 3 to 2 to 1, as an example 3 times amount of available budget spent for food, 2 times for ammo, 1 part left for silver. Also leaving funds for other as important gear-kit. Go with one ouncer coins of major producers. I.e. us mint, canadian, etc. Not unknown company produced coins not recognized. Hop Sing the merchant will carry a ledger of accounts so if you pay with one ounce he'll carry a credit balance on excess value of the new higher pricing of the coins towards your next visit. It is to his advantage as well for commerce flow.
ReplyDeleteI like that ratio. Perhaps I'll steal it for future arguments.
DeleteThat's great: one-sixth of budget for silver, when silver seems like a good deal (near one hour wages per oz). Gold is a not-accumulate for me, but the price is low so selling (except to switch to silver) hurts too much.
DeleteHalf of budget for food (long-term, low-cost food, like hard winter wheat harvested without glyphosate).
One-third for ammo, at best-price in full-cases.
Compared to 2008, this is a great time to be stocking the pantry, armory, and vault. Everyone else is going to DisneyLand to celebrate the new job, new house and fake news!
https://www.sgammo.com/
DeleteThey seem to be non-corporate bulk ammo dudes
I wasn't going to say anything but I am famous for my "two cents worth" so I guess I'll chime in. I bought and paid for a house against everyone's advice and now I own it and it is tax exempt so far. Now it appears that purchasing precious metals to hedge against loss of purchasing power is also being promoted. As usual, ammo for a imagined war you can't win is being encouraged. I will keep my investments in precious metals and see what happens. I can always melt it down and make silver slugs for my shotguns.
ReplyDeleteSo far you've been right to be optimistic. That doesn't mean you can win every time in that bet. And if I'm wrong I'll once again eat humble pie. Gladly.
DeleteIt's not optimism James. it's timing. 7 or 8 years ago everyone was running around in a panic thinking the collapse was going to happen any second. I knew that the collapse wasn't going to happen that quick or that easily and went ahead implementing my countermeasures. That was the gamble-not if but when. Trump's policies (at the direction of the elite) has bought us even more time to deal with the situation. We can watch the National debt reach 30 trillion dollars and still not have a meltdown. When the US dollar is shut out of the world market place then it is time to get in your bunker and lock and load.
DeleteYou know I keep saying "petrodollar collapse". I agree with you. No dollar acceptance, goodbye up to half our oil. I just don't have any sense of timing other than "tomorrow, every day". Still think you are an Optimistic Ollie :)
DeleteI agree. I don’t think the collapse will be next week. In 2007-08 I figured it would be over by now. Things aren’t good, but the powerful like what they have going. They don’t want the Dark Ages II more than most of us. There’s plenty more manipulation/“magic” yet to be deployed.
DeleteBlack swan event? Perhaps, but that could always happen. I think we probably have more time than it feels like. I’m not betting my life on it of course.
JeSteR
If you can time things, it is a YUUGGE advantage, but being a day late will risk everything.
DeleteThe US economy is being hollowed-out to deliver fracked oil/gas. But, they have to, or admit the jig is up.
Digging holes now with rented backhoe. DitchWitch next week. Invisible infrastructure under no-value-size agricultural shed is tax resistant.
Holes are double special good.
DeleteJester-I have to agree with you. I'm probably too pessimistic, but don't bet the farm on it. I look at it like this. Both viewpoints have a cost. Too optimistic and you get bite security wise. Too pessimistic and you get bit opportunity/investment wise. So either way I'm losing out potentially. Better safer than sorry, and I'll pay the cost. Yeah, still sucks.
DeleteI agree with you. Ammo first if you don’t have enough. If you have no PMs at all, but your ammo looks good, I’d probably put the next $100-200 in rot gut vodka before I bought silver.
ReplyDeleteJeSteR
Relatively speaking grain alcohol is pretty cheap still. Your first tooth or bullet pulling it will be priceless.
DeleteVodka is good mouthwash, esp. better kind like Monoplowa. Don't ingest alcohol if bleeding much, it suppresses respiration and emotional control for avoiding shock. Topical!
DeleteStash some good narcotics for tooth pulling or gsw. Have a nurse, so you don't have to diy.
If you have a lot of surplus biomass and can't get gas, alcohol can run an infernal combustion engine like a carb'd motorcycle okay. Animal poop methane can run a small stationary engine or become stovegas if concentrated. This is 1970's 3rd world appropriate-tech, which is where we are going for a while.
pdxr13
1970's tech used old quality junk. Today it is junk off the factory floor. Still, a good place to start.
DeleteIt is all digital, in the matrix anyway. Like a Zimbabwe million dollar bill, it can be 50 trillion debt and 20 dollar a gallon gasoline. Proletariats can just suck it and pay the inflated added on costs to everything. You are doing it now when you see old timey pictures of costs of merchandise in the thirties, etc. Versus nowadays. It really would suck if this keeps dragging on my whole life and I do not have the pleasure of witnessing a delicious die off. Shucks.
ReplyDeleteCareful what you wish for! :)
DeleteZimbabwe ONE HUNDRED TRILLION DOLLAR NOTE bought 3 eggs before one devaluation when they dropped 12 zeroes.
DeleteSign on toilet says "NO NEWSPAPER, CARDBOARD, OR ZIM DOLLARS IN TOILET, PLEASE"
Welcome to Africa, young man. Dr. Gono will be your Economics professor.
I don't get the Dr. Gono reference.
Delete