{ 19 comments… read them below or add one }

Vote -1 Vote +1b.s.
June 3, 2012 at 2:05 pm

Gold is great for wealth “insurance”, but $70 for a 2 peso piece? Can you buy groceries with it? My local coin guy won’t buy junk silver at spotish prices. He is only buying silver dollars-morgans and eagles, and silver dimes He is not even keeping quarters in stock.He says that junk silver is only face value right now and will not sell

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+1 Vote -1 Vote +1davidmobile
June 4, 2012 at 10:19 am

Your coin dealer is feeding you a line of bravo sierra.

Step 1. Tell him to stop insulting your intelligence and, if he’s telling you the truth, to sell you all of his junk silver at face.

Step 2. Find another coin dealer.

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Vote -1 Vote +1Charlie
June 6, 2012 at 12:16 pm

No, No, No, Tell your dealer to sell ME all of his junk silver at face!

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Vote -1 Vote +1David Morris
June 7, 2012 at 10:13 am

Sorry, Charlie…I’m claiming dibs on that one 🙂 I’ll borrow against everything I own to buy junk silver at face…or even 10x face.

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-1 Vote -1 Vote +1Marc
June 4, 2012 at 11:50 am

David, with this article I just lost a lot of respect for you and your advise. To quote your own article “You can’t eat it. You can’t start a fire with it. You can’t drink it. You can only use it to trade for other goods, and to do that you have to find someone with excess food.” That means that me an my wife will have the food and water we need to keep us alive (survive) and precious metals don’t enter into the equation at all. For the price of just one ounce of gold we can currently buy MONTHS worth of food to keep us alive.

In fact looking at your pyramid closer, I would say that your pyramid is exactly upside-down.

How long can you live without air? and yet you have that on the lowest level of your pyramid.

How long can you live without water? And yet that is on the second lowest level.

At the top of your pyramid is Precious Metals. How long can you survive without gold and silver? Indefinitely! Precious metals are what you need the LEAST to SURVIVE!

As far as I’m concerned, this article is nothing more than a badly disguised advertisement for some precious metals broker, and is entirely worthless to someone looking for advise on survival.

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+2 Vote -1 Vote +1davidmobile
June 4, 2012 at 11:58 am

Marc,

Time for a chill pill and a re-read of the article 🙂

The lower levels of the pyramid are foundational. In order to have a stable structure, you need to have a strong foundation in place.

Just like you said, you need air more than food/water more than precious metals. That’s why air is on the base and precious metals are on top.

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Vote -1 Vote +1Marc
June 4, 2012 at 12:10 pm

OK, my apologies. I was reading it as the top of the pyramid was the most important. So it was my bad for misreading the pyramid.

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Vote -1 Vote +1farranger
July 1, 2012 at 3:40 pm

The hierarchy of needs is the most basic needs at the bottom and more optional things at the top.

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Vote -1 Vote +1Brandon
June 4, 2012 at 3:23 pm

You endorse this gold site? I have seen many scams using these same templates ranging from a very wide variety of products. Your positivity toward this specific one fascinates me. Would you care to indulge on your assessment of this product?

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Vote -1 Vote +1David Morris
June 7, 2012 at 10:14 am

Yes…I know the product and I know the guy who created it.

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Vote -1 Vote +1Jeff Harper
June 4, 2012 at 4:07 pm

David,

If you haven’t written an article about Caches, it is time for one. If you have, I missed it. When was it written?

God bless

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Vote -1 Vote +1Evan
June 4, 2012 at 4:17 pm

Jeff,

Here are 2 that David has written: http://www.secretsofurbansurvival.com/tag/caches/

Cheers,

Evan

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Vote -1 Vote +1Jeff Harper
June 4, 2012 at 7:25 pm

Evan,

Thanks for the links. May God’s grace give you life.

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Vote -1 Vote +1Daryl Salley
June 5, 2012 at 5:49 pm

Hi, David,
Great article! And, yes. The pyramid is in proper sequence. Dr. Maslow’s hierarchy of needs is a good one to base this on. As for purchasing gold and silver in usuable denominations, and with a plan for monthly accumulation, you might check out Independent Living Bullion. You can buy one half oz. silver rounds, or one tenth oz. gold rounds for just over spot price from a very reputable dealer. It’s a great way to get started in precious metals on a monthly basis, just like a payroll deduction savings plan without a big cash outllay up front. Since you are buying at current market spot prices, you are essentially Dollar Cost Averaging, a great way to invest

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Vote -1 Vote +1Mike
June 6, 2012 at 8:46 pm

Dave, Great article about the pyramid and priorities. But, Without resourcefulness and common sense, as well as skills and mental abilities at the foundation, How can you achieve all of the other things mentioned in the pyramid?

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+1 Vote -1 Vote +1Riverrat58
June 7, 2012 at 6:33 pm

We’re trying to get prepared but we’ve also taken a different tack on precious metals. Our gold is in 1/10 oz. coins & that seems a much smarter way than 1 oz. coins. Easier to store or carry; easier to spend if necessary — we may not need $1,600 of something, but $160 worth might be perfect. Meanwhile, we’re stocking food, water, guns/ammunition, & shell loading equipment & materials. Trying to do things right, but also protect our finances in case of economic collapse. Can’t think of a better or safer investment right now than gold & silver — in small coins!!

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Vote -1 Vote +1Liz
June 14, 2012 at 1:23 am

Something I noted on the Gold vs. Silver debate is that pure silver (the purer the better) can, in an emergency situation, be used to make colloidal silver which is a good antibacterial, anti fungal and overall great health addition. It doesn’t take much to rig together a camping light battery, some wire from a broken lamp, a glass of pure water and a silver coin to make a whole bottle of colloidal silver. I’ve heard colloidal gold is possible and has benefits as well, but haven’t done any research and so I can’t speak to that…. but for that reason alone it might be better to start with silver – and cheaper too.

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Vote -1 Vote +1Dan
June 29, 2012 at 10:42 am

Rather then spending thousands on gold and silver (especially in this market).
I would focus on well spent resources, including ammo. I believe that ammo becomes the precious commodity with food when things break down and mob rules.

But I like 1 oz silver pieces, you can use that to buy/sell stuff…and small enough to be of monitary value.

And almost never do they suggest PASSPORTS, the only people allowed to leave the United States will be those with passports…and I would get the drivers license one at the same time.If you have 1/2 million in gold and no passport it will be expensive to bribe your way out.

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Vote -1 Vote +1Alex
July 14, 2012 at 8:10 am

I have food and ammo built up…but now starting on precious metals. Which is a better juck coins to start with (if either are) dimes or Quarters? And how much would be a nice amount to have on hand? (under 40K income here, ok) And any junk coin info is most appreciated

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