Copper and Silver could work very well together as money in an economic collapse. I don't think just silver or gold will be used in a situation as that. I think Gold, silver and copper will be used together. Silver bullion and copper bullion I believe would be used for common transactions. Both silver and copper are useful as trade units if pressed into coin form.
If we entered into a hyperinflationary enviroment the countries that hold dollar reserves would be looking for something to trade the dollar for and I believe it will be copper, oil etc. Copper is priced in dollars so as our dollar is debased the price of copper will rise as well. A dollar collapse would cause prices of all commodities to sky rocket. Food riots, hoarding etc. Preppers should prepare for every scenario and copper bullion can't hurt.
OFF GRID SURVIVAL BLOG
Tuesday, February 15, 2011
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Max Keiser : Bernanke should be waterboarded http://ping.fm/e9c6u
-
Stocks Beat Bonds Over Next 10 Years http://ping.fm/UMFn6
-
America In Decline - Glenn Beck & John Stossel | Gerald Celente Trends Blog http://ping.fm/yk8rs
-
Gold and Silver mini Rally | GOLD and SILVER MARKET http://ping.fm/IoLPI
-
Gold is sold out! Or so you might think if you miss the true nature of coin supply... By Miguel Perez-Santalla Over the last few years, duri...
-
Ron Paul Rally in Minnesota (St. Cloud) http://ping.fm/GFVSR
-
Jim Rogers : The Spanish bailout is going to make the collapse even worse http://ping.fm/7UKkd
-
2012 World Predictions by Psychic Joseph Tittel | Gerald Celente Trends Blog http://ping.fm/mgG7a
-
Taken from American Survival Guide Subscription address is: American Survival Guide Subscription Dept. McMullen Publishing P.O. Box 70015 An...
-
Why Gold & Silver - Melody Cedarstrom on Radio Libery 23 June 2011 | Gold and Silver Blog http://ping.fm/49SFz
-
-
👉The Coming Inflation to Set Gold Prices on Fire !! - 👉The Coming Inflation to Set Gold Prices on Fire !! The value of all gold mined worldwide over all of human history: $12 trillion. The value of fiat curre...4 years ago
-
Survivalist Mentality - I'm more of a contemporary survivalist. I am prepared for a nuclear holocaust hell I could survive a zombie apocalypse. I am mostly just prepared for my o...13 years ago
-
No comments:
Post a Comment