Are Guns and Ammo the New Gold and Silver?
by Mac Slavo: British
Prepare Evacuation Plans Ahead of Spain and Portugal Collapse
As the economic
crisis has worsened over the last several years we have made it
a point to inform our readers about the possibility of a system
collapse so severe that the regular
flow of commerce comes to a screeching halt. Planning for such
a far-from-equilibrium scenario, which may very well involve the
collapse of a nation's currency, requires that we consider alternative
monetary vehicles to help us get through tough times. In What
is Money When The System Collapses? we outlined several supplies
that would become essential in a post-collapse world. Thing like
food, water, gas, and clothing would become necessities not just
for your personal use, but as barterable assets.
advocated investment into precious metals like gold, and especially
silver in "junk" form, as these will likely be some of the few recognizable
emerging currencies if the worst were to happen. Another asset class
that will likely experience a boom in a post-collapse world is guns
one thing you may have noticed about guns and ammunition over the
last ten years, and especially since the economic and financial
collapse of 2008, it's that prices for these assets have steadily
risen. Some may suggest this is a side effect of inflation, and
while we won't disagree that inflation has played a part, it is
only a symptom of a deeper, more fundamental issue that is driving
the value of these assets to historical highs.
have lost confidence in the government's ability to mitigate this
crisis and they have no trust that government officials have their
best interests at heart. Recent developments on financial, economic,
and political fronts have left aware and responsibility-minded Americans
with no choice but to take their financial and physical security
into their own hands. As a result we've seen sustained multi-year
growth growth in the value of traditional wealth preservation assets
of last resort like gold and silver. Moreover, and quite telling
of the lack of trust the American people have in their government,
there has been an unprecedented
growth in the number of Americans investing in non-traditional
stores of wealth that include assets like guns and ammunition.
For many, guns
and ammo are the new gold and silver. Historically these assets
have retained or increased their value, while also serving a practical
purpose for post-collapse emergency preparedness planning.
Some of the
fear-based psychological reasons for gold's popularity in times
of economic crisis appear to be similar to the reasons cited for
purchasing guns and ammunition. Michael Thompson, a small business
owner from Virginia, had this to say about why he recently purchased
2,000 rounds of 223 ammunition to go with his growing collection
of AR-15 assault rifles: "Since ARs are so well-known & widespread,
quality ones don't really go down in value. I don't trust what's
going on in Washington and a reliable firearm that'll hold it's
value plus ammo that I can always re-sell later if I don't use
it up seems like as safe a place as any to put my money in these
a 28 year old self-proclaimed "realist" from Tennessee who says
hunting and fishing are two of his favorite outdoor activities,
counts the 5,000 rounds of 9mm ammunition he keeps on-hand as
one of his investments along with gold coins: "I'm a hunter so
I know I can use my guns & ammo to feed my family if something
happens to our usual food supply and there's a run at our grocery
store. Plus, it seems like somebody on Wall Street is always getting
bailed out nowadays and my faith in the stock market has been
gone for a long time. Look, I've seen what happens when times
get tough and I figure I can always barter a popular caliber like
9mm for other supplies like I would with gold if push comes to
shove. And if a crisis never materializes where I need my stash
of ammo, I still love to shoot so those bullets won't go to waste.
Given the uncertainty in our world, ammunition seems more practical
to me than gold, whether there's an economic crisis or not."
fact sheet (via Ammo.net)
offers some compelling statistics for the viability of guns and
ammunition as investment and/or wealth protections vehicles:
and ammunition may not be a typical investment asset for most, but
considering the growth we have seen in the last decade, many more
Americans are turning to them in times of uncertainty, crisis and
distrust. We have yet to see our government make any significant
changes to our economic policies, regulators continue to ignore
the fraudulent activities and outright scams in financial circles,
our currency is under threat of losing its world reserve status,
more Americans than ever require government assistance just to put
food on the table, and our liberties are being progressively restricted
on an almost daily basis.
the reaction to these circumstances thus far, it should be apparent
that for those looking to protect their wealth, as well as their
lives as crime and violence rise, guns and ammunition may be an
excellent egg to add to the diversification basket.
from SHTF Plan.
Slavo [send him mail] is a
small business owner and independent investor.
© 2011 Mac Slavo
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