"Some gold bugs are well intentioned, but dis-informed survivalists. They believe, quite wrongly, that the physical possession of gold or silver will protect them in a financial Armageddon. It will not. Precious metals will be of no use in a SHTF situation because what will be needed are things to use, wear and eat. Gold and silver only attracts marauders. Steel, lead and gunpowder deters marauders. Guns, ammunition, snares, chickens, fish, fishing lines and hooks are more needed than gold or silver."
This is patently confused.
Why would gold and silver attract marauders in a SHTF situation? Has he thought of that perhaps?
What will attract marauders first is not gold and silver. It is the food, chickens, stockpiles of goods that will attract the marauders first.
My advice to people is to keep their mouths shut if they are stockpiling anything for survival. Don't let the world know.
As far as SHTF though, the best thing you can stockpile for the financial turmoil short term imo are 50c coins - not even the silver ones but rather the cupronickel ones. Already they contain almost as much metal value as their face value and one can build up a decent trading amount by keeping four to five hundred dollars worth in these coins. On the other side of SHTF they will retain value as metal unlike plastic notes which will become valueless ultimately. They can be used to faciliate a local economy in a SHTF scenario also.
