I’m with you. If push comes to shove, a chunk of land has value. Isn’t there a story about trading gold for a sack of potatoes?
In 1958, at the dawn of the `nuclear fallout shelter’ era, Pat Frank wrote,
“The day may come when a pound of tobacco is worth more than a pound of gold.”
I’ve been tracking the spot price of gold/silver for only the last three weeks. Both were trending downward just until today ($856.00 for gold on Tuesday, $900.00 plus today Wednesday) despite all the recent bad news.
Anyway, silver barely hiccupped ($11.28/11.68). A bag of original silver U.S. cartwheels is a great buy IMHO, and a heck of a lot more negotiable if the balloon really does go up, which I don’t think it will.
There are times when gold coins have been traded for a bag of rice, such as during the chaos of the Russian Civil War.
Of course, the ones without gold coins STARVED to death, or did not make it onto the escape train to survival.
There are times when gold coins have been traded for a bag of rice, such as during the chaos of the Russian Civil War.
Of course, the ones without gold coins STARVED to death, or did not make it onto the escape train to survival.