Alright, I need and answer and I need a good one anons. Is there any reason to buy up and store physical assets such as gold and silver for purposes of weathering the coming financial crisis? Friend of mine made a good point when he told me that he'd rather have water and bullets stored than gold and silver.
>inb4 gold is a jewish trick
I have money burning a hole in my pocket and was thinking about investing a sizeable chunk of change into silver.
Gold and Silver
You should have the basics already covered like guns, ammo, food and water then stack up that silver and gold. Silver and gold are going to mars in the coming years. These prices are still cheap.
So now is still a good time to get in on the silver train?
in madmax-style games, like fallout and this war of mine, cigarettes are always portraited as high-value items for bartering... be sure to buy some stacks of marlboro as well, OP.
yes anything is better than LINk since seergey is exit scammer and dumping 700k
Damn that actually is probably a decent idea.
Yes. It will never get to the point of water and bullets. But gold and silver will moon and they are less risky than btc.
Tell your friend he's a dumb goy.
>the future is a fallout rpg
violence will probably spike, but not to more than 4x current levels based on history.
Infectious disease would pose a far more significant risk.
LOL. You autists who think recessions are financial armageddon are adorable. You don't even know what the word means. Water and bullets? Because the economy slowed? LOL. Sure, Jan. That's a great idea.
I've been through a couple of recessions. Even the one after 2008, most people weren't affected, and didn't talk about it at all. As long as you have a job, you're fine. You neets just have to worry that mommy and daddy don't get laid off.
why not both?
True you need supplies during any emergency, but gold and silver is going to keep you out of poverty lines during the economic shitstorm.
Basically, ask yourself what you wish you had if you were living in Venezuela right now. That's the list of shit you want.
None of us really know what is going to happen in a few years. You could be totally right. Prepare for the worst and hope for the best is probably a good mantra to follow though.
This. Recession != apocalypse. If our species actually has to devolve to using gold and silver coins for everything, FFS, we’re probably heading out the door toward total extinction anyway. Good luck with selling your precious metals for anything interesting at that point. Will gold/silver go up during the next recession? Sure. But not as much as you old turds think it will. The world is clearly moving toward a digital and tokenized economy, not backwards to throwing shiny rocks at each other.
There are still a ton of boomers who will buy your rocks later, if you buy now. Boomers will not buy tokens
You clearly have no idea how a Fractional Reserve Banking system works. Try googling it, then try finding a civilization that lasted using it.
It's a far bigger scam than you could imagine.
Boomers will be dead. 90% of the world’s population will be wiped out. We will never use gold and silver as payments again unless SHTF and everything collapses.
yes
you want to be on the train before it leaves the station
thats what someone who wants all the precious to themselves would say
Silver is stupidly undervalued and should be like $400 at least
How so?
colloidal silver is a potent antibiotic.