When the dollar is of no value?

Diamonds are certainly valuable. Trouble is they are to valuable. Many preppers would shy away from them because it is very hard to do business with them. If someone came to me and wanted to by a dozen of my homegrown eggs and offered a $500 diamond... how would I give him change?
As for me, I would rather have "junk silver" because it is manageable amounts.
I suppose if you had a lot of money.... 6 or 7 figures... then diamonds or gold would be reasonable.

Really depends on how bad things get. Silver coins are the favorite amongst many for their trade factor. You can tell it's a real coin and you can tell how much it weighs. So its value can be discerned no matter where you live. Plus silver coins are small enough to trade for things like bread, meat and other daily needs.

Diamonds might be hard to trade, firstly I'm not sure most people can tell a real from a fake. Secondly I'm not sure how to give you change for that loaf of bread.

If it's it's just a bad economy and not really a collapse or WWORL diamonds might be just fine but as things gets worse the gold standard for value is food, bullets and medicines. I can't eat silver, gold or diamonds so the value of precious metals and diamonds will be based on how bad the situation is.

I'm not in the industry, so I don't really know for sure, but I've heard that the value of diamonds is inflated, in a way. Supposedly there is a glut supply of uncut diamonds sequestered from the market, intentionally, to maintain the perception of their rarity. I know that their value comes more from the cut of the diamond than from the raw crystal, but it does make me think that diamonds would make a terrible auxiliary currency, compared to gold or silver. You can't stamp a diamond with an assayer's seal to verify its worth, and you can't eat one when things get really bad (making food the better commodity at the worst of times).

Agree that silver is better than diamonds and gold....as stated above, how to you make change for a 3 carat diamond (or even a Kruggerand)....and if I have no industrial use or jeweler skills it would be less valuable than a box of .22 LR.

Anyone laying in junk silver since the prices have dropped? I could use some recommendations; all my junk silver is what I've collected over the years. Spot now is $14.50...and that's low...good time to buy.