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Old 03-21-2020, 6:10pm   #1
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Default Gold or Guns?

knowing what you know now, would you rather have $5000 worth of Gold (about 4 Troy ounces if you bought some time ago), or $5000 worth of guns and ammo.

a decent pistol will run about $600, case of 9mm ammo another $200, so $5k will get you about 6 pistols and 7000 rounds of ammo.

if you had to sell to raise cash, which could you sell for more compared to the initial purchase price?

Alex, i'll take the guns and ammo.

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Old 03-21-2020, 6:18pm   #2
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Gold dropping as people are flooding market to cover shorts and losses (they say).

Iíve phoned a friend and they said - Guns
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Old 03-21-2020, 6:22pm   #3
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I bet I could trade 5K worth of whiskey for more than 5K worth of gold or guns.

But I probably have different friends than you.
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Old 03-21-2020, 6:49pm   #4
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Quote:
Originally Posted by DAB View Post
knowing what you know now, would you rather have $5000 worth of Gold (about 4 Troy ounces if you bought some time ago), or $5000 worth of guns and ammo.

a decent pistol will run about $600, case of 9mm ammo another $200, so $5k will get you about 6 pistols and 7000 rounds of ammo.

if you had to sell to raise cash, which could you sell for more compared to the initial purchase price?

Alex, i'll take the guns and ammo.

Guns can get you gold

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Old 03-21-2020, 6:51pm   #5
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Guns can get you gold

or tell someone looking for gold or guns to "go away"
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Old 03-21-2020, 6:53pm   #6
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Quote:
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or tell someone looking for gold or guns to "go away"
Depending on the firearm, you could "communicate" from quite a distance.
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Old 03-21-2020, 7:06pm   #7
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Iíve got the pistols so Iíll keep the pesos 😁


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Old 03-21-2020, 7:18pm   #8
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Pretty sure none of my guns have appreciated in value.
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Old 03-21-2020, 7:22pm   #9
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Quote:
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Pretty sure none of my guns have appreciated in value.
Why; did they get rusty or something?
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Old 03-21-2020, 7:31pm   #10
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To paraphrase Mao "Power comes from the barrel of a gun."

If you have gold and no guns and I have guns but no gold Ibnot only have your gold but I own you.
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Old 03-21-2020, 7:33pm   #11
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Guns, always guns. Covered by home owners insurance also
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Old 03-21-2020, 7:38pm   #12
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Guns
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Old 03-22-2020, 12:04am   #13
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This thread reminds me....I need to clean my AR...Thanks
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Old 03-22-2020, 1:09am   #14
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A lot of people with appreciating guns.
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Old 03-22-2020, 10:16am   #15
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Can't shoot gold...
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Old 03-22-2020, 11:12am   #16
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I have a lot of both.

Alex, I will take Gold For $2,500 and Guns For $2,500 please.
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Old 03-22-2020, 11:18am   #17
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gold have guns
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Old 03-22-2020, 11:23am   #18
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Quote:
Originally Posted by bsmith View Post
Pretty sure none of my guns have appreciated in value.
I bought a S&W .357 revolver in the 80's for $50 (used, mfr in 1971), and a couple of years ago looked on GunBroker.com to see what equivalent versions of the same revolver were selling for. Something like $600 as it turns out.
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Old 03-22-2020, 11:48am   #19
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Just checked out the bullion site I have ordered from. They're out of most stuff, but they've got non coin gold for slightly over $ 1,500 and silver non coins for $ 17-21, so I don't see any real bargains to be had.

Silver ask is down in the $ 12's, so I wonder if the US and other mints will even bother to strike and sell coins and sell them based on $ 12 something as the underlying metal price.

If I could buy silver coins in the $ 12's or even $ 13's, I'd jump all over it.

$ 1,500 for gold still seems plenty profitable to me. It wasn't that long ago that it was $ 1,100, and when I was much younger, I recall it was around $ 300, very steady, for a decade, maybe longer.
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Old 03-22-2020, 12:23pm   #20
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just peeped a video by Mr.Gunsandgear on that youtube thing, he's an FFL, so he can see the supplies that main distributors have on hand.

his guess is that if you do not have 22LR in stock, or you don't buy it in the next week or so (if you can find it), you won't see it available for about 3-4 more years.

you can watch it yourself if you wish:


anyway, i have a little ammo if I want to go shooting.
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