Copper as Bullion, Copper For Economic Collapse. Not same as Silver.

Tuesday, February 15, 2011

Copper as Bullion, Copper For Economic Collapse. Not same as Silver.

Copper and Silver could work very well together as money in an economic collapse. I don't think just silver or gold will be used in a situation as that. I think Gold, silver and copper will be used together. Silver bullion and copper bullion I believe would be used for common transactions. Both silver and copper are useful as trade units if pressed into coin form.

If we entered into a hyperinflationary enviroment the countries that hold dollar reserves would be looking for something to trade the dollar for and I believe it will be copper, oil etc. Copper is priced in dollars so as our dollar is debased the price of copper will rise as well. A dollar collapse would cause prices of all commodities to sky rocket. Food riots, hoarding etc. Preppers should prepare for every scenario and copper bullion can't hurt.

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