(October 2, 2018 at 9:45 pm)quoin Wrote:(October 2, 2018 at 9:35 pm)outtathereligioncloset Wrote: I wonder what value silver would really have in an apocalypse. Seems like silver would have little to no value and seeds would be the new commodity.
That would be my question. As I see it, people who had survival skills would bargain with those. They wouldn't have any use for silver.
If you read first hand accounts of countries that have suffered an economic collapse, which is the more common reason for hoarding gold, what happens is that gold gets traded as if it is junk gold. This is because people have no way of telling what quality the gold is. So people that thought that they were keeping all the wealth ended up losing it anyway.
I was always planning on hoarding silver anyway because it has far more industrial uses from which the silver cannot be reclaimed. But I'd be hoarding that only after building up a stock pile, buying useful equipment, paying debts and building a library of useful books.