Will SILVER save you in a S.H.T.F. scenario?? Let's have a look....

Buying gold and silver for survival is a controversial topic and one of which a lot of survivalists can’t agree on. You may have heard the saying “you can’t eat gold”. Whilst this is true, you can use precious metals to buy food, drinks and other necessities you would need in a survival situation.

Gold, silver and other precious metals are only going to be suitable for survival in a very specific type of scenario. Unless you’re 100% convinced that “sh*t will hit the fan” and modern day currency as we know it ceases to exist completely, I would just continue to buy gold for investment purposes instead.

However, if you’re preparing for long term emergencies, disasters and disruptions in social or political order, gold and silver should be purchased alongside other supplies and not just stockpiled on its own. Food, water, fuel and other necessitates are likely to be very difficult to get your hands on and it won’t matter how much precious metal you have if it’s not in demand.

I guess what I’m trying to say is; if you do decide to buy gold and silver for SHTF, ensure you have all of your other supplies in check first. Investing in gold and silver for a long term disaster is a win-win situation. The great thing about stockpiling gold and silver is that even if an emergency doesn’t happen, you will have set yourself or your family up for a rather nice payout in later life. It’s still prepping, but prepping for all possible outcomes.

Buying Silver For Survival

When it comes to buying precious metals for survival, buying silver is the preferred choice for many survivalists over buying gold. There are a number of reasons why survivalists should lean towards buying silver, it’s cheaper, the value of silver will be more in line with the value of goods that you want to purchase, plus in times of crisis, it won’t make you as much of a target by criminals as opposed to carrying a bag full of gold!

Silver (and gold) has been a precious metal since the beginning of time, and over the centuries its continuously maintained and increased its value, year after year. Preppers recognise the value of silver and stockpile as many ounces of silver as possible to be ready for a financial crisis.

What Silver To Buy For SHTF?

Fortunately there are lots of different options available when it comes to buying silver for SHTF. Silver comes in many forms, weights, types and purities and knowing what to buy can be confusing. As with any type of investment it’s important to plan carefully and diversify your portfolio. Below are the most popular silver investment options available for preppers.

Constitutional Silver

Previous to 1964, the majority of United States coins were manufactured with 90% silver content. The famous Kennedy Half Dollar, Silver quarters and dimes were all 900 silver, as opposed to today’s coins that have none. Here in the UK, silver was removed from circulating coins many years ago and we no longer have the ability to find silver in our change.

Silver Coins & Rounds

Once you’ve stocked up with enough constitutional Silver coins, 1oz Silver Eagles should be your go to bullion coin in the US. American Silver Eagles are manufactured by the US Mint and are made from 99.9% pure silver. If you are in Canada, I recommend the Silver Maple Leaf, If you’re here in the UK, The Silver Britannia and Australia, the Silver Kangaroo.

Although silver is silver is silver.... Studies have suggested that should the SHTF, confidence in one's own countries bullion means buying the coin of your nation should be something to really think about.

Silver Bars & Ingots

Silver bars and silver ingots are available to buy in all sizes, and a small amount of your stockpile should be made up of these. You will only be using silver bars for larger purchases and exchanges so it’s up to you to calculate the amount of silver bars you will personally require in a survival situation.

Conclusion

Buying silver bullion for survival is a controversial subject within the Precious metals community. Some will recommend buying gold and silver, whilst others will completely oppose it. As with any kind of investment you are advised to do your own research before committing to any large purchases, this includes the amount that you buy, the diversity of your purchase and also where you store your precious metals.

Want to find out more about gold and silver? Get the latest news, guides and information by following the best community on the blockchain - #silvergoldstackers. We're a group of like minded precious metal stackers that love to chat, share ideas and spread the word about the benefits of "stacking". Please feel free to leave a comment below or join us in the community page, or on discord.

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