Silver for SHTF

Published on May 4, 2016
Duration: 18:25

This guide, drawing on the expertise of SensiblePrepper, outlines the strategic use of silver as a critical component for SHTF (Shit Hits The Fan) scenarios. It emphasizes silver's historical role as currency, its intrinsic value beyond fiat money, and practical bartering strategies using various silver denominations. The content highlights real-world examples of economic collapse and advises on selecting appropriate silver assets for survival preparedness.

Quick Summary

Silver is a critical hard asset for SHTF scenarios, serving as a tangible hedge against fiat currency devaluation and a reliable medium for bartering. Its intrinsic value, historical precedent as currency, and industrial uses make it essential for survival preparedness when traditional financial systems fail. Prioritizing 'junk silver' (pre-1965 US coins) for its melt value ensures practical tradability.

Chapters

  1. 00:00Introduction to Silver for SHTF
  2. 02:10Silver as a Tangible Asset
  3. 03:44Historical Economic Collapse Examples
  4. 04:35Fiat Currency vs. Silver
  5. 05:38Junk Silver vs. Collectibles
  6. 06:31Silver Content in Coinage
  7. 09:20Money Metals Exchange Starter Kits
  8. 11:16Bartering with Small Denominations
  9. 15:19Silver as a Wealth Hedge

Frequently Asked Questions

What is the primary role of silver in SHTF preparedness?

Silver is considered a critical hard asset for SHTF scenarios because it has historically served as currency, possesses intrinsic value due to industrial uses, and acts as a hedge against fiat currency devaluation, making it useful for bartering when traditional financial systems fail.

Why is 'junk silver' recommended over collectible coins for survival prepping?

'Junk silver,' such as pre-1965 US dimes and quarters, is recommended because its value is based solely on its metal content (90% silver), making it easily tradable for goods and services in a crisis. Collectible coins may carry numismatic premiums that might not be recognized or valued in a survival situation.

How does silver's value compare to fiat currency during economic collapse?

Fiat currency is a promise of value that can become worthless during hyperinflation or economic collapse. Silver, however, has intrinsic metal value and has historically maintained its worth as a medium of exchange, making it a more reliable store of value when paper money fails.

What are the different silver content percentages in US coinage mentioned?

Pre-1965 US coins contain 90% silver. US coins minted between 1965 and 1966 contain 40% silver. Modern silver bullion, like Walking Liberty rounds, is typically 99.9% pure silver.

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