[dennisw]

Please show me a society in the last 6000 years of history when gold wasn’t a useful asset to have.>>>>>>>>

Yeah but get silver too for normal buying and transactions during a lawless chaotic breakdown. Silver has always been valued too. Gold is the ultimate but silver has it’s place.

Matter of fact I can see a gold backed currency coming along that is also silver backed. Due to the lack of gold to back a currency that is accepted world wide

You know that we USA had silver coins and also US paper currency that was backed by a US government silver stockpile...that was sold off years ago

Today our only paper currency is the Federal Reserve note which is backed by your trust in the machinations of the Federal Reserve and trust in the US Government securities (Treasuries) that back up (allegedly) today’s paper currency

[Kozak]

Yeah but get silver too for normal buying and transactions during a lawless chaotic breakdown. Silver has always been valued too. Gold is the ultimate but silver has it’s place.

No argument here.

[SeekAndFind]

Yeah but get silver too for normal buying and transactions during a lawless chaotic breakdown. Silver has always been valued too. Gold is the ultimate but silver has it’s place.

OK here's a question. I own both Gold and Silver via the exchange traded funds (ETF) through the symbols GLD ( for Gold ) and SLV ( for silver ).

These funds are supposed to be backed up with physical gold and silver that are in the vault.

Thus far, I have been doing extremely well in these two symbols, especially the past month.

Question --- are these useful when the SHTF ? Or are they useless ?