The Importance of Gold and Silver in Emergency Preparedness

Emergency preparedness is crucial for navigating the uncertainties of life. From natural disasters to economic collapses, being prepared can make a significant difference in our survivability. One aspect of preparedness that is often debated is the importance of gold and silver. In a recent live stream by the YouTube channel “Prepping with Sarge,” the host, Sarge, discusses the importance of these precious metals as part of a comprehensive preparedness plan.

Debunking the Myth

A common myth in the preparedness community is that gold and silver would be useless in a SHTF (Shit Hits The Fan) situation. Sarge debunks this myth by providing historical and present-day examples where gold and silver made a difference in people’s survivability. For instance, during the economic collapse in Argentina, people were able to trade gold and silver for basic everyday items. He also shares stories from the community where gold and silver helped people during personal emergencies, health conditions, and homelessness.

Five Reasons To Hold Practical Gold and Silver when SHTF

1. Store of Value: Gold and silver have been used as a form of wealth for over 2,000 years. They have helped people in the community during personal emergencies, health conditions, and homelessness.
2. Tangibility: Holding wealth in your hand, like an ounce of silver or a gold piece, feels like real money compared to paper dollar bills or digital assets.
3. Hedge Against Inflation: Historically, gold and silver have been a hedge against inflation. Although in recent years, due to a wonky economy, silver has not kept pace with inflation while gold has done fairly well.
4. Portability: Gold and silver can be carried anywhere in the world and can be exchanged for local currency, used for bribing in war zones, or crossing blockades.
5. Diversification: Investing in gold and silver provides diversification to your portfolio, reducing risk.

Not the First Prep

Sarge emphasizes that gold and silver should not be the first prep. The first prep should be water and a way to purify it, followed by food security, shelter, and personal security. Only after covering all the basics should one start thinking about investing in gold and silver.