The world is headed for a crisis because history has shown that SHTF situations have already happened and are continuing to happen. As these situations occur, society starts to break down in various areas and sometimes all at once, from electrical to housing to financial.
That’s why it’s better to get gold and silver for SHTF situations. There could very well come a day when your money will be of no value. Or you won’t be able to use it at all. The world could head back to the times when the only thing you can use to get what you need to survive is gold and silver.
While banking systems have failed, while the currency rate does drop, gold and silver have track records of holding steady in value. Plus, these metals come in handy when it comes down to bartering if necessary.
Even when the value of paper currency and coin is bottom of the barrel, metals like gold and silver will always be in demand. It’s a good investment to have gold and silver on hand in preparation.
When society collapses as it’s shown to occur already in several countries and even in isolated incidents in the United States, you want something that’s going to last for the long haul.
Most people think that once society is gone, it’s gone. But people are resilient and eventually rebuilding society will happen. Your gold and silver will not lose its value during a SHTF situation and will remain valuable when society is rebuilt.
When there’s a major collapse in society, every kind of paper currency is at risk for becoming useless. The government will no longer support the banking system and the you won’t be able to access funds.
Those who have direct deposit won’t be able to get any money. As the currency spirals into worthlessness, the value of silver and gold will skyrocket as it becomes the new go-to means of buying and selling.
If you want to provide for yourself and your family, you’ll want to invest in these precious metals immediately. In the event of a SHTF situation, gold and silver will become the main currency.
You can buy these precious metals in two forms. Either in bars or in coins. When you stock up on the coin form, they’re acceptable forms of currency. The face value of the coin will depend on the weight of the precious metal in the coin.
For example, if you purchase a 1 ounce gold coin, the face value is $50. Remember though, that face value is different from market value.