Quote:
Originally Posted by jediagh  True after the collapse (short term) food/gas/wood/ aka basic needs will be the hot stuff that everyone will want. GOLD is for the (long term) to PRESERVER wealth only. Eventually the economy **ANY** economy rises again. Things get back to "normal" or a better way of saying it the civilized society is once more. At that point you can then trade your GOLD for whatever the current "paper money" is and continue the same or higher level of standard of living you had before the collapse.
Of if you have the means (read: money right now) to leave the country and start somewhere else then you change to that country's paper currency and/or buy metals to shield you from the global currency exchanges. |
Understood. But, as a man with 2 children under 5, I'm thinking food, shelter, clothes, ammo, long lasting firearms I can defend and hunt with too. Gold is something that would be $1K an ounce one day; then, the next day it's a paperweight if you are hungry. People get so frenzied about it when their neighbors would be breaking in their (after a collapse) for food and clothes and matches, not food.
4 Weeks Ago
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