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Buying silver is certainly not the first step you should take when you start down the path towards a life of preparedness. Still, its something that you should consider early on. It can be a currency if all other currencies fail. Frankly, that’s a lot of power to leave on the table.
When you start down the path of “stacking” or storing silver you are going to want to know a few things right off the bat. One of the most important things to consider before buying any silver is where it will be safely and securely stored.
We are going to look at three important things to consider when buying silver as a beginner.
What Type to Buy
Silver comes in many derivations and it seems that these are increasing all the time. The most common options for buying silver are
- Bullion or Bars
- Rounds or Coins
This is really a matter of preference but it would likely pay to have some of each kind consider you are going to use this for trade and you could get more if you have someone’s preferred type. Remember, we are only looking to buy .999 silver unless you are buying junk silver but that’s another article altogether.
What Motivates you to Buy
You also have to consider why you are buying silver. It could be just to store for prepping uses only or you might find that you actually like silver and its various designs. Numismatic coins can have some very beautiful designs and that could be a motivating factor.
You should also consider things like quantity and price as these are also great motivators. In most cases you will get a price decrease the more you buy.
Where to Buy
Another very important thing to consider is where you are going to buy your sliver. You see, online purchasing has made it incredibly easy. You can buy silver at the click of a button. The downside? Well, its totally traceable.
On the other side of the spectrum you could consider buying silver at trade shows and gun shows. This is less traceable and might be better for your purposes, if you are concerned with OPSEC.
Bonus: How to Make Pemmican, the Original Survival Food
Invented by the natives of North America pemmican was used by Indian scouts as well as early western explorers.
Native Americans spent a great deal of time on the go and depended on having portable, high-energy, highly nutritious, and filling foods that would last for long periods of time without refrigeration.
Pemmican is a portable, long-lasting, high-energy food. It's made of lean, dried meat that's crushed into powder and mixed with hot, rendered fat. This makes it one of the ultimate foods to have stockpiled for when SHTF or disaster strikes.
People really should avert their gaze from the modern survival thinking for just a bit and also look at how folks 150 years ago did it.
These guys were the last generation to practice basic things, for a living, that we call "survival skills" now.