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The Truth About Precious Metals in a SHTF Scenario
As preppers evaluating all potential SHTF scenarios is a constant thought. What are my most needed items? Food, water, medicine and ammunition. Those are the most necessary items that a prepper can stock up on. There is one other item that carries a lot of misconceptions and, often times, a lot of negative talk… precious metals. Why though? And what are those misconceptions?
By no means am I saying that precious metals should be put on a pedestal above food, water, medicine and defense. However, as preppers it is our job to evaluate ALL potential scenarios, including economic and barter or trade situations. I myself, as an avid survivalist, reached a point where I had accumulated a fair amount of these other necessary items and started wondering, “What about my savings? My hard earned money, what is protecting that?” And that is really where precious metals can step up to the plate and address two sides of the coin (no pun intended).
Precious metals have the ability to both protect my money (cash) by being a good combatant against inflation but also simultaneously be used for a barter/trade situation in those SHTF scenarios that we all plan for.