FAKE SILVER & GOLD is now here in the USA ~ Courtesy of CHINA

[Rmplstlskn]

BEWARE! Fake silver bullion and coins are now being seen and found within the USA...

Most, if not ALL fakes, are being made in CHINA...

This is going to make selling your silver and gold A LOT MORE DIFFICULT in the future... as everyone will be leery. Since many fakes appear to be silver PLATED, even some chemical tests may be difficult without damaging the coin or bar being tested (cut out a chunk).

Here is a good site about it and how to test for fakes...

FAKE SILVER is here!

Rmpl

[2682nscovell]

If there was a disaster and people we left on their own, would gold and silver still be viable materials for trade? I would think things like food, meds and weapons would be of higher worth.

[hagbard]

I do a specific gravity test on my coins after I buy them from large and reliable sources. Silver is usually easy to have confidence in, gold...not so much because it has a specific gravity which is almost the same as tungsten.

[Bull]

2682nscovell - I think of silver and gold as being good for either dealing with inflation prior to TSHTF, or after TSHTF, when things finally settle back down and the rebuilding starts taking place. But I think that they won't be worth much during the struggling survival period. I guess you could drop a few silver coins in your water jug to help treat it, but can't think of much more.

[Rmplstlskn]

Silver is just a way to keep money in a form that doesn't lose value, unlike leaving it in a bank or savings account, or even cash in the safe for that matter. It is not for SHTF, just something to hold value as the dollar might slip out from under us very soon... We still need CASH to function in the society we have right now, trying to trade cans of tuna won't work well YET... I can get a minumum of spot price within a half hour if I needed more cash than what I already keep in the safe for emergencies...

Rmpl

[hagbard]

As for "ourtesy of CHINA" it sounds like an even swap...worthless silver for worthless pieces of paper...and they already have plenty of that.

[Benn Gleck]

If there was a disaster and people we left on their own, would gold and silver still be viable materials for trade? I would think things like food, meds and weapons would be of higher worth.

I think there will be a viable trade in metals if we are left to our own means but I have no experience to base that on. It would be a good idea to keep some silver just in case there is a market for trading in it.

I'm always amazed by the guys that make the statement that there will no one that will take metals in trade when TSHTF. How do they know? We've never been in that position before.

The safest bet would be to cover all your bases, metals AND goods for barter. Better safe than sorry.

And right now where I live there are people who are trading in gold/silver for goods and services, do you think that will stop?

[2682nscovell]

I think there will be a viable trade in metals if we are left to our own means but I have no experience to base that on. It would be a good idea to keep some silver just in case there is a market for trading in it.

I'm always amazed by the guys that make the statement that there will no one that will take metals in trade when TSHTF. How do they know? We've never been in that position before.

The safest bet would be to cover all your bases, metals AND goods for barter. Better safe than sorry.

And right now where I live there are people who are trading in gold/silver for goods and services, do you think that will stop?

Hmmm, maybe I should hold on to our silver eatery, WAHAHAHA! It's kind of an interesting thought. I honestly would assume metals would be less value and things like meds and food would be priceless. Especially things like solar powered or rechargeable electrical items. In the even of an EMP, I could see a single match being the value of a now 20 dollar bill.

[2682nscovell]

I think there will be a viable trade in metals if we are left to our own means but I have no experience to base that on. It would be a good idea to keep some silver just in case there is a market for trading in it.

I'm always amazed by the guys that make the statement that there will no one that will take metals in trade when TSHTF. How do they know? We've never been in that position before.

The safest bet would be to cover all your bases, metals AND goods for barter. Better safe than sorry.

And right now where I live there are people who are trading in gold/silver for goods and services, do you think that will stop?

Hmmm, maybe I should hold on to our silver eatery, WAHAHAHA! It's kind of an interesting thought. I honestly would assume metals would be less value and things like meds and food would be priceless. Especially things like solar powered or rechargeable electrical items. In the even of an EMP, I could see a single match being the value of a now 20 dollar bill.

[Benn Gleck]

Hmmm, maybe I should hold on to our silver eatery, WAHAHAHA! It's kind of an interesting thought. I honestly would assume metals would be less value and things like meds and food would be priceless. Especially things like solar powered or rechargeable electrical items. In the even of an EMP, I could see a single match being the value of a now 20 dollar bill.

Probably so IF we are hit with an EMP.
Which do you think is more likely, an EMP or a financial collapse?

[Triple-sod]

I remember hearing about something similar a few years ago, back then they were tampering with the larger silver bars, drilling holes in them adding lead. From the photos I saw they had done a good job of covering up the work.

[Matt In Oklahoma]

Which do you think is more likely, an EMP or a financial collapse?

IMHO
15 percent EMP in the next 2-5 years on at least a small scale or an attempt in which they will learn and retry within another 2yrs. I base this on the WTC attacks and the USS Cole of which both had failures and repeated attacks with the learning curve.
65 percent collapse in the next quarter with slowly decreasing odds thereafter.
Both are viable catastrophic threats with the collapse being the more prevelent in terms of time and slower to recover from. Both will leave us open to foreign takeover as well.
Again just my opinion

[Klayton]

Luckily most terrorists are idiots.

Because it would be easier to wipe out an electrical grid with simple explosives (think winter time temperature danger) and wipe out a huge portion of a major metropolitan area (read New York) than it would be to pull off an EMP.

It would be easier for them to get a low yield dirty bomb and drop it into the center of the Mega Volcano that just needs a "nudge" to erupt...

But terrorists are pretty dumb, thankfully...

[monkeybird]

I think gold and silver will be very valuable for trade in the beginning of the PAW. However, when people realize just how desperate things are getting - gold and silver will have little if any value.

[hagbard]

Probably so IF we are hit with an EMP.
Which do you think is more likely, an EMP or a financial collapse?

If an EMP happens, the financial collapse will certainly follow (all records will vanish). Financial collapse is a certainty, EMP a strong possibility.