In these trying times, what in your opinion is more important to have Ammo (ammunition) or investing in something like Gold, Silver, or Commodities such as diamonds?
Thank you Roy Callhoon.
Also email requested by: The Reposter Guy; Jason Duran; Jarhead Mike; Stanley Mitt; Shaky Sam; Larry Gilroy; and Victor Tamarosi.
Disclaimer:
I am NOT an Investment Advisor and this is written for Information Purposes only, and is solely my opinion. This follows the premiss of some form of economic upheaval. A Survivalist (Prepper) mode of reaction to chaos, anarchy, war, pandemic, etc.
Ammo (Ammunition) in BULK is my choice for investing in the future today ....
Ammo (Ammunition) in BULK is my choice for investing in the future today ....
Lose Diamonds or other Gems ....
Answer:
I received numerous emails about my thoughts on buying Ammo and other Prepper items in the event of some type of upheaval occurring.
I realize this is slightly off the purpose and concept of The Firearms Forum (Ask A Firearms Question), but since it involves Prepping and Ammo, I decided to include it one time only in this forum.
For me, personally, I am investing in Ammo. I do have some one ounce .999 pure Silver Rounds (coins) and a limited number of .999 pure Gold South African Krugerrand's (coins).
I do NOT own any other type of investments such as Stocks, Bonds, t-Bills, Mutual Funds, Futures, etc.
Remember, anything coming out of Wall Street or the Commodity Exchanges is electronic. In simple terms that means you have a paperless transaction, which you cannot hold in your hand and cash in, trade, or sell from one private individual to another. I do realize people have Pension Plans, 401Ks, etc. However, on a personal level using disposable income, including a tax refund, buying these would be totally worthless if the economy crashed.
Many people feel Gold is the best hedge against inflation, frankly I prefer Silver, you get more quantity for your dollar purchase, and you can cash a few silver coins versus one gold coin. The example I use for Gold versus Silver, if you needed a tank of gasoline, you wouldn't give the attendant a one ounce gold coin, a one ounce silver coin would make more sense. Therefore, silver in minted rounds (coins) is easier to dispose of and has better bargaining power. You can always add additional silver coins to make the barter work. Using a simple calculation of $30.00 per silver one ounce coin versus $1,000.00 per once ounce gold coin, you would get 33 silver coins to one gold coin.
Conclusion:
Why Ammo versus a Real Commodity such as Gold, Silver, Platinum, Precious Gems?
Simply put, when everything goes to the toilet, we have anarchy or global recession or some major force that disrupts our daily lives, people will panic, and no police force will be able to control it.
Therefore, AMMO, becomes the most valuable commodity for two reasons:
1) Self survival and protection (keeping what is yours safe from looters and people who wish to harm you and your family). Lets face it you can't throw a gold coin at them.
2) With ample ammo and the proper firearms, and when I need it for my family, I will just take what you have - Gold, Silver, Food, Water, Clothing, Vehicle, etc. This is why I laugh at the anti-gun nuts, they will be the first victims to fall.
Some may say this is crazy and immoral but charity stops where survival begins.
Consider this Part 1 of 3 parts on Survival and Prepping, my personal views of getting through a crisis that could last years and beyond.
Looking forward to many comments and debate on this Topic Forum Page Subject.
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Attention Firearm and Ammunition (ammo) Manufacturers, and Makers of Firearm Accessories. I am now Testing Products and issuing reviews on the Firearms Forum (Ask A Firearms Question) site.
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Attention Firearm and Ammunition (ammo) Manufacturers, and Makers of Firearm Accessories. I am now Testing Products and issuing reviews on the Firearms Forum (Ask A Firearms Question) site.
If you want your Product TESTED, Reviewed, and Posted here, please contact me.