For your perusal - I posted my mother-in-law's real world use of precious metals in a SHTF scenario in reply to two EXCELLENT posts that The Urban Survivalist posted on how to buy gold jewelry as close to spot as possible. You'll enjoy the articles - they're great.
This is my post:
1. People do not stop buying, selling, or requiring payment for services just because your life has turned upside down. You have to pay to play.
2. Firearms are great, and very useful in a wide variety of situations, but they are not the answer to most situations.
3. Food is wonderful, and you should always consider food, water, and shelter, but you can't bribe a well-fed person with food, and food runs out.
4. In a collapse type situation, there are always safe places to go, so when hunkering down, or getting on with life, aren't an option, HAVE AN EXIT PLAN. In fact, you should probably have several exit plans anyway.
Hi Kyle, thanks for sharing that. Today I bought a few interesting paper bills, 500.000 pesos Argentinos, 100.000 Marks, and a 100.000.000.000.000 dollar bill from Zimbabwe.
I talked with the guy a bit about precious metals too, he recommended not selling...