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1. Woggy's Zeonic Frolicks (washedoutgundampilot@poa.st)'s status on Wednesday, 04-Oct-2023 12:50:43 JST Woggy's Zeonic Frolicks

   • Woggy's Zeonic Frolicks

   Here’s one chart, who knows how accurate. It just bugs me, because everyone has these expectations that they can spend $1,000 on silver today and turn it into $1,000 of inflation-adjusted cash in 10,20 years. So far, I’ve basically lost on mine, I think spot ranged from $22 to 28 depending on the year and quantity bought. Now, it’s…..basically the same price every time I look. Kinda disappointing when it should at least keep pace w/ inflation.

   Not to mention it just sucks trying to actually turn it to money. You can try, but until the dollar is really worthless, silver represents trouble - the kind of urchins willing to make an IRL exchange aren’t the ones wealthy enough to be willing to sit on it for decades and let it appreciate. So you’re stuck trading that $1,000 haul for $880 in cash, or worse if you need it electronically to pay bills. (b/c people are cagey about that)
   
   RT: https://poa.st/objects/84468048-de14-48f2-a3de-57293ad5d370

   • John Rando (john_rando@poa.st)'s status on Thursday, 05-Oct-2023 10:54:42 JST John Rando

     in reply to

     • SKiZM :confederate:

     @SK1ZM @WashedOutGundamPilot IIRC there’s also a lot of manipulation in the silver market. With all the inflation you’d think it would go up but as far as I can tell it’s been hovering around the same range for the past several years.

     I don’t have a lot of money in PMs, but I do like to keep some on hand just in case. That and I like shiny things.

     As far as barter in a shtf situation goes, you will probably do most of it in terms of the actual goods you produce. Also, carrying around a bunch of silver/gold coins is a good way to get robbed or worse. You’d be better off carrying extra ammo. The coins will come in handy when things start to return to some form of normal, assuming the new warlord in charge isn’t some thieving asshole himself.

     Woggy's Zeonic Frolicks likes this.
   • SKiZM :confederate: (sk1zm@nicecrew.digital)'s status on Thursday, 05-Oct-2023 10:54:43 JST SKiZM :confederate:

     in reply to
     My biggest question is how do we accurately agree on the value to barter with it after shtf? Like it was $28 the day the world ended, so is it stuck at that price or is the true value unlocked if it's not being suppressed? Is the value the same on the East Coast and the West Coast?