Gold is physical tangible wealth and a unit of labor. Bitcoin is a bunch of electrons running around on a circuit board inside a computer and doesn't represent shit.
In a societal collapse with the power being intermittent the last thing anyone is going to want to see is like some faggot waving around his smartphone saying, "I'll give you some of this digital bullshit for real food and water."
I'd shoot the fucker in principle in a situation like that.
You know your scenario isnt that likely without putting yourself in it. Youd need a power outage or something like katrina to happen to be in that situation. And then youd only be there if you were too poor to relocate.
The societal collapse will be after the dollar collapse. You'll be poor. Unless you have gold
>I'll give you some of this digital bullshit for real food and water.
As if "I'll give you some shiny rocks!" is any better.
In a societal collapse I don't want your gold either. The only things I'm bartering for are food and ammo.
nobody wants to buy gold you pathetic commie shitfag
The world isnt going to collapse, and if you want to beat inflation you buy bonds
kill yourself
What kind of timeframe we talking, when do you think it would happen?
don't forget about medicine, antibiotics, and booze/drugs
After the dollar collapse we are living in the NWO with bitcoin backed banks
I'll shoot anyone and steal their shit if societal collapse happened. People who think there will be bartering are imagining a societal inconvenience, not real collapse.
LMFAO ok bro.
Don't make an investment that in the next 2 years will at the very least 10x what you invested just because of some hypothetical world wide massive power outtage.
pretty much. bullets become the real currency, at least at first. then a bartering economy pops up again as we go back to just focusing on feeding ourselves again in tight communities. Back to feudalism, pretty much, just with better technology. Short while after that, we're back to a modern time.
LOL billets don't become currency you fucktard. Literally prepped rule number 1 is never barter with bullets. If you have a bunch of shit and bullets. And I need bullets and you need some toilet paper.
I give you toilet paper for bullets and then fucking Kill you rape your wife and kids and take all your shit
Oooo I like
OP bought the top
Feel free to shoot me in the head if we lose electrical power. The only chance we have for immortality lies in compute.
Gold is a shit investment if SHTF doesn't happen within your life time and of less value than the supplies you could have purchased with BC speculation shekels prior to SHTF. Literal prescience regarding future recessions is the only scenario where investing in gold makes sense.
Contrary to the Mad Maxx movies, a new society would form within a few years, which is the only reason OP's gold would be anything more than a shiny paperweight.
when shit hits the fan the most valuable item will be ammo and it wont even be close
Gold is not an investment retard. Gold is real money. Gold IS SAVINGS.
Of course ammo be valuable... but wtf are you going to do? Pump 100% of your net worth into ammo you moron?
You can go to the store and buy 8,000 rounds for a couple grand. That's probably plenty.
It's like you think there's some law stating that you can't buy both gold and ammo and you have to pick just one or go to jail. Guess what retard? You can buy ammo and gold.
One is money and wealth protection and the other is for self defense purposes
People who say that gold and silver would be worthless in a situation where the financial system and infrastructure has collapsed are idiots.
So you think we would just go back to the barter system and it would stay that way? The barter system is incredibly inefficient and that's why the use of currency predates human history. There's actually no evidence that the barter system was ever used on a wide scale at any point in human history.
In a situation where banks don't exist anymore, gold and silver would become the de-facto mediums of exchange for the same reason they have been used for all of human history, because they are ideal as stores of value.
Yeah gold and silver are more likely to die from asteroid mining than infrastructure collapse.
The markets will die from asteroid mining though.
>Kill you rape your wife and kids and take all your shit
Hello nigger.
Gold must be hurting real bad if ((they)) have to keep sending so many shills here day after day.
Gold, guns, grain.
Gold (and silver) is a fucking steal right now. On the next crypto bull run I will be cashing out, paying off my house, and moving the remainder into bullion. There's life left in the economy for a few more years, but we're due for an apocalyptic type crash. 2008 was a warning and we literally fixed nothing.
you used the Apocalypse as an example of why BTC is shit and when i tell you when SHTF that the only thing that will matter is ammo, you call me a moron. the only fucking retard is you
>Thinking precious metals will be worth anything in the case of the apocalypse
C'mon user, in the case that everything crashes maintaining wealth will be the least of your worries. Guns, ammo, medicine, gas, vehicles, tools, shelter, food and water will be the only valuable resources.
society will never collapse sry you will eventually have to get a job and leave you moms basement
And now to you buy those resources you dumb nigger? With fucking air?
Brilliant user right here
This is what happens when you run around with a AK on your back seat. Daily reminder to not be AK-gas fag
Yup.
It's like
They think we will be in some sort of closed loop barter system exchanging toilet paper for blowjobs till the end of time
You love me
Don't be stupid mate, metals are useless in the case of an apocalypse. you have to trade water, food, or use force (weapons) to get them.
You'd be one of the first ones to die when the apocalypse happens, guarantee it ;)
Checked and that was an epic "What the fuck is going on here" bread. You still roll with a AK under your dirty clothes and a low fuel gauge?
Barter is a myth. Primitive credit/currency systems have basically always existed
This, look at ancient cultures, there was always some form of currency, and they always have the same properties
>Something that doesn't spoil
>something rare or required hard work to attain
>Something desirable/pretty
Bartering systems have only ever been present on the side of currency systems. Bartering is also very inefficient since it's hard to say that a piece of cloth equals the value of a fish for example. And somebody might value one more than the other depending on the circumstances, and then you'd have to barter with a lot of people because someone wants something you don't have, so you have to find that person and then you spend weeks attaining a good
gold is the same as bitcoin. both are energy. what's your point?
In china nearly everybody and eveyr shop, street vendor is already using phone payments via wechat and alipay. go kill yourself
Gold doesn't put food on the table or keep you alive. In the event of an economic collapse your gold is going to be just as worthless as bitcoin.
>Gold is physical tangible wealth and a unit of labor.
You know this is bullshit right?
always the same moron posting this shit