Quote:
Originally Posted by Skybird
Sabotage is, beside blackouts, the other big reason why I always store a solid amount of cash money in my reach, not at home, but also not at a bank - and have already weeks ago started with changing 100 and 50 Euro notes into 20, 10 and 5 Euro notes and 1 and 2 Euro coins when shopping. I pay with bigger notes and store the smaller change. This is only about having liquidity in small quantities available if need be.
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I also urge you to stock up on silver bullion, Skybird. Not much has to happen in a post-war event for paper and cheap euro coins to become without value. Once people lose faith in their government and laws, currencies quickly collapse. I chose silver over gold because:
1) Gold is overvalued.
2) Silver is undervalued. China controls most of the world's silver deposits. Silver should be around $100+/ounce but instead is at $20.
3) Gold is used almost entirely for decorative jewelry only. It serves few other useful purposes. Especially in a post-war setting.
4) Silver has the highest conductivity of
any metal, it can be used in electronics where it can easily replace copper if need be.
5) Silver is easier used in day-to-day barter and small transactions.
6) High luster and reflection makes it excellent for barter from a psychological standpoint.
I recommend 10 ounce bars that are pre-scored in 1 ounce increments.
Often times silver rounds have imagery on them. Consider what it shows and if you would want to use this in actual post-war transactions. I stay away from government issued silver or coins. I recommend people to own multiple kilograms if possible (US$750/kg currently).
Walmart now even sells it here.
https://www.walmart.com/ip/1-Kilo-Ca...B&gclsrc=aw.ds