Gold. Is it any use?

[Scythe13]

I totally get where you're coming from TL. PM's are only a PART of prepping.

But let me play this another way....using your scenarios:

"That will be £20,000 pounds" worth of gold for this nice working Remingtom 870 Wingmaster 12gauge shotgun...... Oh.. and that lovely ring there your wife is wearing for a box of shells please ..... Take it or leave it mister.....WHAT NO GOLD OR SILVER?!?!?! Then you can [insert expletive] right off fella!

"Empty all your jewellery and rings, cash into the bag and then you can get on board.. That's you and your wife, not the old folk! WHAT, IS THAT ALL YOU'VE GOT?!?!?! SOD RIGHT OFF!!!! NEXT....

You're right about people being ripped off for their PM's as refugees. 100% on there. For a lot of people in WW2, the gold was moved to Swiss banks for safe keeping, but some of the deposits were used to buy freedom.

Personally, I plan to be in a position where I can get the gold and silver off other people, but not too much as to make myself a target.

If you have a load of gold and silver already, nice going. If you have a load of tins and the alike, nice going. If you're just starting, PMs can wait for a while for you!

However, PMs are currently of value, and as I predict, if the collapse is financial, then we'll see the purchasing power go through the roof. When it does, I'm cashing out to different assets, e.g. property (land), and other things. Post SHTF, I plan to be well enough established with preps and skills to not really need to barter, or to keep barter to a minimum...thanks to the preps from PMs.