Why Precious Metals are a Priority for SHTF?

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#PreciousMetals #SHTF #ScottsdaleMint

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A friend of mine's great grandparents bought 200 acres of land with a house for six pieces of silver during the depression. That land has been passed down for generations and is now a homestead. They have no idea how much the silver weighed but I'd like to know.

SuspiciousGanymede
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Loved this segment. I, too, believe in the power of precious metals particularly silver and in smaller denominations. I’ve always believed in its pier as a long term investment and as a hedge against inflation. As a Southerner, I’ll never forget the worthlessness of the Confederate bills. I look at the US dollar the same way especially now. My late husband believed the US dollar would never lose its value. I, however, am not so trusting after watching the antics of this Administration. Take care Patriots.

stephanies
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Stacking precious metals is vital but I would seriously encourage others to look into WHY gold/silver were used as a medium of exchange for several millennia. One thing to burn into your mind is to know the difference between money and currency.

TheItalianPepe
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“Gold is money, everything else is credit”.
----JP Morgan

hw
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Silver is my favorite, but brass and lead are also precious metals in shtf situations.

ColeDedhand
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Thanks for the Shoutout Sootch! Silver is real money and the world will remember that eventually!

ScottsdaleMint
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Thanks Sootch! I'm right there with you my friend. We met at the VA 2A rally a back in 19. Thanks for coming up here, luckily we've been able to at least temporarily, reverse the trend here in the Commonwealth. Have a blessed new year, from our family to yours! Maranatha!

Juan
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Started stacking silver back in January and I have a feeling it's going to pay off in the end. I'm not looking to get rich but I want to be able to pass something down to my sons and if needed a valuable commodity to trade with if our Fiat currency goes to complete hell. I've picked up a little gold but mainly sticking to silver.

For people getting that are interested in getting started just pick up a few 1oz rounds here and there, just make sure to hold onto it and never let it go. It's amazing how quickly you can stack if you budget properly. At first I kinda over did it getting a little wrapped in FOMO (fear of missing out) so make sure to pace yourself accordingly to your budget.

garrettelliott
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You're one of the few preppers that seems to understand the value of holding some of your wealth in "real money". Thank you!

veritasfiles
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You are the reason I got into silver last year and I thank you for getting me prepared for whatever may happen.

Theoneuknow
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Make sure someone with a little bit of lead doesn’t come by and take all your silver and gold. It’s a balance act.

EastCoastMan
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Good coverage, as a metallurgist, I agree on all points you made regarding Ag

Highfiber
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Silver can also be used to make a crude antibiotic by running a current through it in distilled water.

jeff
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I'm prepper stacker myself, and I firmly believe that by the time I retire in won't be able to count on Social Security or even my traditional IRA investments. What will cover the metals, if you can't afford Silver, @ 20-30 an ounce, its a bargain. I believe in this quote "Fiat currency always eventually returns to its intrinsic value--zero."

MrMOA
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I have a couple silver dollars my grandmother gave me, and they are dated 1920!
I also have an antique silver horn made by the famous Micheal York & Son, that was dated to about 1905. I found it in the attic of the house they bought in 1947, after immigrating to the USA. They thought it was just junk left by the previous owner.

toml.
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Many people in my generation (im 31) are caught up in day trading, swing trading, cryptos, NFTs. I am not one of them. Two places I put my income: back into my growing business, and gold and some silver. GREAT vid. Thank you!

nicholastracy
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I started buying junk silver because of you!!! I would also suggest watching Yankee stacking he’s a prepper stacker he talks about precious metals.

Crusadercheese
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Don, appreciate the video and referral to, thank you. I don’t own ANY precious medals currently so I’ll take all the help I can get.

sundevil
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I'm sure it will have more value during a rebuilding of a society when a currency is being created rather than a SHTF time.

tomcatpurr
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Good Morning from the land of ice and snow Everyone! It is widely understood in the precious metals stacker community that fourteen 1964 and earlier dimes equal one ounce of silver in melt value. It is an excellent way to have fractional amounts. I started early in life in stacking junk silver. I would go to the bank and exchange $10.00 cash for two rolls of dimes, take them home and go through them. Pick out the 1964 and earlier dimes and replace with 1965 and later ones and repeat. I also did this with quarters, half dollars and silver dollars.

This method is a great way to get started.

loum