Money, money money

How are you preparing
shrophopper

Re: Money, money money

Post by shrophopper »

I always saw buying into precious metals as a way of preserving wealth rather than as a replacement currency WTSHTF. People cant find a safe investment at the moment so look to preserve wealth in a tangible 'solid' investment. I don't see that you would ever want to pay for something with a silver or gold coin but you never know!? - This is where bartering will take the place of currency so get stocked up on useful barter items!!
Vespa

Re: Money, money money

Post by Vespa »

shrophopper wrote:I always saw buying into precious metals as a way of preserving wealth rather than as a replacement currency WTSHTF. People cant find a safe investment at the moment so look to preserve wealth in a tangible 'solid' investment. I don't see that you would ever want to pay for something with a silver or gold coin but you never know!? - This is where bartering will take the place of currency so get stocked up on useful barter items!!
I remember reading on another forum once (prepper unrelated) that the best investments in a crisis would always be guns and land........you can get food with either.
metatron

Re: Money, money money

Post by metatron »

Vespa wrote:
shrophopper wrote:I always saw buying into precious metals as a way of preserving wealth rather than as a replacement currency WTSHTF. People cant find a safe investment at the moment so look to preserve wealth in a tangible 'solid' investment. I don't see that you would ever want to pay for something with a silver or gold coin but you never know!? - This is where bartering will take the place of currency so get stocked up on useful barter items!!
I remember reading on another forum once (prepper unrelated) that the best investments in a crisis would always be guns and land........you can get food with either.
People will always want a way of protecting themselves so weapons will always be a good investment, but from a UK standpoint its not really practical. I was watching Moonshiners on Discovery the other day and most the people on it seemed a little backwards but the stills they used were very simple and did the trick, apple brandy or blackberry brandy would be a good trade item and very doable, well if you stock up on sugar. Cider would be easier.

Other than that seeds would work.
Huntsman

Re: Money, money money

Post by Huntsman »

If anyone remembers the 20p print error, when they made dateless 20ps accidentally, I found 4 and they go for around £200 each. So if the shtf I have a number of coin collectors ready to pay cash for them. That's my household money ;)
TwoDo

Re: Money, money money

Post by TwoDo »

Bear86 wrote:Like the exsperiment where people thought they were electrocuting people to death but carrid on because some one in a lab coat told them to do so.
The Milgram Experiment
http://en.wikipedia.org/wiki/Milgram_experiment
the7ps

Re: Money, money money

Post by the7ps »

i dont think £50 would last very long in an emergency, most people spend more than that on a normal weeks shopping, i'm guessing in an event that amount wouldn't go very far!
Trust me bulldogeagle, if I could afford more I would. The OH spends it before I can save it. :(
bulldogeagle

Re: Money, money money

Post by bulldogeagle »

the7ps wrote:
i dont think £50 would last very long in an emergency, most people spend more than that on a normal weeks shopping, i'm guessing in an event that amount wouldn't go very far!
Trust me bulldogeagle, if I could afford more I would. The OH spends it before I can save it. :(
sorry to hear that :lol: does she spend it on prepping supplies?or does she waste it? :lol: :lol:
the7ps

Re: Money, money money

Post by the7ps »

sorry to hear that does she spend it on prepping supplies?or does she waste it?
WASTE!!!!!!

I get the same thing all the time. "Oh no, you havent bought more tinned food have you?" This is followed up, two days later by... "baby, you know that tin of tomatoes you bought, can I borrow them for tonight's chilli?"

Two steps forward...
archer1958

Re: Money, money money

Post by archer1958 »

i have the same issues with OH the7ps :mrgreen:
bulldogeagle

Re: Money, money money

Post by bulldogeagle »

thankfully my OH is with me all the way, even sometimes suggesting what i should buy next. :lol: