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To: bananaman22

The better question is, who the hell is going to want gold when/if everything were to crash?

Just look at Venezuela. People would take wheelbarrows of cash to the store for canned goods, come out, and people would leave the cash and take the wheel barrow. I just don’t see gold being of any use.


11 posted on 08/13/2019 9:46:52 AM PDT by George Rand (-- I can't befriend liberals because I won't befriend ignorance --)
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To: George Rand
Just look at Venezuela. People would take wheelbarrows of cash to the store for canned goods, come out, and people would leave the cash and take the wheel barrow. I just don’t see gold being of any use.

If you are hungry enough, a can of beans is worth its weight in gold.

13 posted on 08/13/2019 9:53:16 AM PDT by Perseverando (For Progressives, Islamonazis, Statists, Commies & other DemoKKKrats: It's all about PEOPLE CONTROL!)
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To: George Rand

Im certainly no expert on such things but agree that its relatively useless during the turmoil. I believe the intent is for those with the means to have some semireliable method of retaining value until and reinvesting in the post apocalyptic period. For the rest of us “tin and lead” are better bets.


14 posted on 08/13/2019 10:22:25 AM PDT by gnarledmaw (Hive minded liberals worship leaders, sovereign conservatives elect servants.)
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To: George Rand

Funny you mention Venezuela and wheelbarrows full of cash. When the collapse there ends, as it always does, a new currency will emerge. When it does, it will be traded at a certain level which will allow you to buy back into the economy and probably land close to where you were before the crash.

The wheelbarrows full of notes get burned for heat as in Weimar Germany. Gold coins simply allow you to buy the new currency at a sane level.


18 posted on 08/13/2019 12:28:36 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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