tag:blogger.com,1999:blog-6120586935905234915.post6040202543471928077..comments2024-03-24T00:09:55.586-05:00Comments on The Field Lab: new silverJohn Wellshttp://www.blogger.com/profile/12783305402239706779noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6120586935905234915.post-90779227982073738972015-09-08T13:55:37.940-05:002015-09-08T13:55:37.940-05:00Think I'll stick with lead, steel, brass and c...Think I'll stick with lead, steel, brass and copper.Rev.jimmyleebobhttps://www.blogger.com/profile/12209681160272509144noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-62604779684902619922015-09-03T07:21:33.510-05:002015-09-03T07:21:33.510-05:00cigarettes,food and alcohol. Gold and silver are a...cigarettes,food and alcohol. Gold and silver are a hedge against the markets........if there is no market.....2ligithttps://www.blogger.com/profile/15964646593696110854noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-39320249448272344282015-09-02T16:48:55.539-05:002015-09-02T16:48:55.539-05:00They say that known currency is the best to have w...They say that known currency is the best to have within the first few months of a total collapse of our system as everyone recognizes it and it's value. After that, silver and gold becomes the desired trade. Can't hurt to have both on hand. rondebhttps://www.blogger.com/profile/02708008130938024842noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-71896844118170405822015-09-02T11:37:43.308-05:002015-09-02T11:37:43.308-05:00For John to, omg, distilling alcohol for trade? Co...For John to, omg, distilling alcohol for trade? Could work. :-) There was wine in the Bible. The only time I made wine from government surplus grape juice and sugar i put in too much sugar and the 6 year olds in the neighborhood got ahold of it and the grandmothers thought it was so cute and I was horrified.Margery Billdhttps://www.blogger.com/profile/05589667608391862832noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-63145426220804496342015-09-02T11:24:22.920-05:002015-09-02T11:24:22.920-05:00I would avoid bitcoin. Way to unstable and require...I would avoid bitcoin. Way to unstable and requires "the system" to be functioning. Even in the simple case of an extended power outage those coins become worthless. Sadly, most people nowadays don't even carry cash or coins in the event of an emergency. There is way to much reliance on the banking system.<br /><br />John have you ever thought about distilling?JChttps://www.blogger.com/profile/15830934208215356265noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-36253062038506829842015-09-02T10:51:51.838-05:002015-09-02T10:51:51.838-05:00Good points. Makes me rethink my objectives. Bei...Good points. Makes me rethink my objectives. Being a backward alchemist (I turn silver into one time use alfalfa and range cubes) is probably not the best use of my time and resources unless I complete the cycle...silver-feed-manure-compost-vegetables. I am leery of bit coin because it has no physical form. A pocket full of nickels, dimes, and quarters still gives me the illusion of comfort. John Wellshttps://www.blogger.com/profile/12783305402239706779noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-87370293409592234682015-09-02T10:13:30.425-05:002015-09-02T10:13:30.425-05:00It could happen at any time and Will in the somewh...It could happen at any time and Will in the somewhat near future and No One can predict when and it will be much worse than 2008. Because we printed so much paper money and owe so much. Stocks, bank accounts wiped out overnight. No warning. Social agency help wiped out or lowered. Civil-social unrest everywhere. What is one to do? I like the idea of barter. One college professor said in 1969, line all the old and poor welfare people up and shoot them. fHow many police have been killed already this year. In 2008, I saw older people crying because they had overnight lost everything they worked for all their lives. Some people here are even buying extra homes to rent out. Seems John is set up. And then we die. My son works in a bank and he is not concerned. None of the bankers are.Margery Billdhttps://www.blogger.com/profile/05589667608391862832noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-58480878639462509342015-09-02T09:07:47.145-05:002015-09-02T09:07:47.145-05:00just to tweak John a tad: " I have been inv...just to tweak John a tad: " I have been investing in systems to grow food. Precious metals might be a hedge on inflation, but you can't eat them."<br /><br />this conversation can be extended if you bring in the concept of bitcoins which are upending the world of "value" and "exchange".<br /><br />and you get into some conundrums like how come it takes X bitcoins to buy a widget in one place but the same widget costs Y bitcoins in another place...at the same time.<br /><br />If you had a thousand dollars in A. Gold B. Silver and C. Bitcoins<br /><br />which would be worth more in a year or more to the point - what more could you buy?<br /><br />Larry Ghttps://www.blogger.com/profile/02282254026681944326noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-23474990266039137942015-09-01T22:03:44.811-05:002015-09-01T22:03:44.811-05:00That is a great article and something I have also ...That is a great article and something I have also thought about. The author nails it when he said:<br /><br />"..., people didn’t switch to gold as a means of exchange when things got bad. Instead, they switched to bartering for the stuff people actually needed: food, clothing, shelter, cutlery, and so on."JChttps://www.blogger.com/profile/15830934208215356265noreply@blogger.comtag:blogger.com,1999:blog-6120586935905234915.post-54668684516246773182015-09-01T20:40:30.710-05:002015-09-01T20:40:30.710-05:00Smart move.Smart move.Margery Billdhttps://www.blogger.com/profile/05589667608391862832noreply@blogger.com