Inexpensive dried beans in covered 5 gallon buckets and 20lb bags of rice could
save your life (assuming you also have access to clean H2O and firewood.)
(Clean 2 liter soft drink bottles to package rice for later use.)

Thanks, FFA. I do have some silver and various denominations of lead sheathed in brass :-). This apparently is a new product that is still being discovered and made popular in some circles. Yeah, two weeks ago I doubt if I would have accepted this "currency" for anything until I knew for sure what it was. With that said I suspect it will have a more lasting value than a cabbage patch doll.

Thanks. I appreciate your candor.

If you hadn't heard of it, who will be willing to accept it in an emergency?
imo, for smaller value, useful for exchange in an emergency, you might consider silver instead.
If it has to be gold, then consider smaller coins that are well known, e.g., 1/10 oz coins or half sovereigns.
In a dire emergency situation I'd want to have something other than precious metals to trade, too.
For example, rounds of ammunition are inexpensive today, but could be invaluable in an emergency.
Just my opinion.

I'm holding my buy-in until at or near $50 silver and $4000 gold (physical only). Looking to the start of rally around June/July best guess. Patience is key.

To be honest I never heard of goldbacks until BornSovereign posted this article in the Gulch and I've been watching them every day since. At first they bumped up in value a bit, but then dropped about 10%. It looks like this article explains what is going on. I have in mind to buy some but haven't pulled the trigger yet. I'm glad I didn't right off, but I'll keep watching.

This has interesting analysis of current gold price:
"The OPEC Selloff
As to last week’s paper gold fall, it rhymes a heck of a lot with its similar fall in 1983.

Then, as now, gold was falling due to a massive OPEC sell-off in the metal. But the trigger for the current OPEC sell-off in gold is being pulled for an entirely different reason than in 1983.

In 1983, for example, oil around the world was at a massive surplus. Its price was thus tanking. As a result, the OPEC nations needed immediate liquidity to meet their dollar pegs. So, what did they do?

They sold a lot of gold, and thus gold’s price fell dramatically.

But in the current chaos of yet another war in a key oil region, oil is not falling, it’s ripping north, with major banks predicting oil prices as potentially high as $180 a barrel.

Clearly, in such a setting, OPEC has no need for cash, right?

Wrong.

The Strait of Hormuz, where 1/5 of global oil moves, is literally clogged.

This means all that expensive oil can’t flow. And if it can’t flow, it can’t be sold. And if it can’t be sold, the OPEC players in that region can’t get paid. And if they can’t get paid, they need to sell assets from their piggy banks.

And that asset is gold. (Saudi’s gold piggy bank is around 300 tons. Qatar’s is over 100 tons.)

This makes our particular war uniquely hard on gold—but only for the near-term."
https://www.zerohedge.com/markets/gol...

Watching international markets here. I saw this upon awakening. The paper house is beginning to burn. Private equities and now, new hedge funds to short the market being offered. Look out kids.

Last night at about 3:16am EDT the paper silver price filled the gap falling to 61.23. Now printing at 70.42.
Since it was not during the open US market it may not appear on daily charts,
but it did fill the gap.

Am in agreement with the long range storage of wealth.
Always was curious as to how much coinage was below spot - but that makes sense.

All excellent points Commander.

I have been doing the same, as far as purchasing and holding, with the idea of it going to the children. And I believe that they have proper values. USAF -

I do have to get back to where it is a bit every month.....

I've got the New Hampshire one and a couple of others.

This is a better idea than trying to spend gold, or trade gold back in.

During these pumps. Realize a lot of us paid 5-10% premiums on purchases, and 10%+ on sells. So the price has to move a lot before you turn a profit.

Is it late? No. you should be buying a little every month... Because that's the LAST money I will sell. It's designed to be left to my children. And if I am spending it. It's because I've run out of options.

At ANY price in history. People who did this, and left it to their children, ENRICHED their children.

Of course, you ONLY do this if you taught them proper values, etc. If mine were libtards, I would find good causes and other people to support!

Yes, the banking cartel has been suppressing silver pricing for decades using their ability
to create money from nothing to manipulate prices.

Silver's industrial demand will be greatly reduced long before $1700/oz.
Solar use is already dropping and other consumer product circuit use will follow due to cost.
OTOH, large data centers for AI are more likely to continue silver use for performance reasons.
At >$300/oz there will be research into alternatives though.

I have no inside info on Trump's 4D chess, but lately it appears to me that the administration is
acting to fortify the $ banking system to support US hegemony and reduce China's ascent.

Have you noticed a historic pattern of NYSE silver and gold at 9-11 AM? Every day paper is dumped on the market, dropping futures 5ish%, then recovering to start/stop of trading .....until mid 2024. The 5T injection (2020) of fiat is catching up faster than the 7T of 2008. The currency must be underpinned by something other than oil. Silver is still far below demand value. US will need $1700 silver and $40000 gold to meet 40% equivalent of debt.
All of the Trump admin actions seem to be breaking up the banking industry and shaking out the paper. War in Iran just struck a hard blow to insurers of cargo ..... I think March 4 was announcement that US would back insurability through Hormuz. Killing the cabal under their own terms.

I really want to know; Who are the "brains" behind all of this?

I'm wondering if silver will fill the price gap up at about $63 from Dec 16-17.
Charting analysts often point out that such gaps are almost always filled in later trading.

lol! Yes. Indeed, you might find the Utah link more useful. https://www.goldback.com/

This seems kinda stupid. The note has less gold in it than an equivalent quantity of Home Depot bagged sand. Although I'll admit it's probably easier to carry in one's pockets.

Previous Precious metal bull markets gold increased 8x. That would bring gold to $8000+ .
This interview with Michael Oliver explains this and silvers potential https://www.youtube.com/watch?v=zm-jT...

Silver (physical) is better for the longer range storage of wealth. Silver coin (junk 90%) is selling below spot because the refineries are backed up. Junk silver is more common in exchange in my area than I thought. I'm offering my customers this payment option.

It's not too late! The dollar will continue to drop until it's worthless. So, invest frequently and in small amounts. When gold prices are medium to high, invest in households or food storage. When gold prices are down, invest in goldbacks.

Very interesting, but with the current price of gold isn't it a bit late to get in on this game?