[TruthConquers]

“If the market seriously goes south, with unemployment into the 20’s and 30’s, and there is extreme civil unrest, will having gold or silver really do anything?”

What are you planning for???

What little gold and silver we do have, it is not for making a quick profit, or even to use in a barter economy.

Gold and silver are for long term, as in YEARS, for maintaining wealth. Anyone who thinks that chaos is a good time to use the gold they have stored is NUTS!!

It is for extreme emergencies, for your children or grandchildren. Period.

[rickomatic]

Gold and silver are for long term, as in YEARS, for maintaining wealth.

Ding ding ding.........we have a winner. When the SHTF, units of barter will be determined by whatever is in short supply, and probably on a local basis. Precious metals are a STORE of wealth. Don't think about how many fiat dollars an ounce of gold or silver costs. Think about it as how many (or portions thereof) one fiat dollar will buy. Right now one fiat US dollar will buy you 1/1386th of an ounce of gold.

[2001convSVT]

Gold and silver are for long term, as in YEARS, for maintaining wealth. Well said.

Gold and silver will be useful on the other side of the crash, after a new order of money is established the gold and silver can be exchanged for the currency of the realm.