>>726737995 Just saying man. Those shiny little coins aren't going to protect your family if shit does hit the fan though. Hell, after they get done killing/raping you and your family, they'll probably burn your house to the ground too. Then those coins can sit tarnished in a pile of rubble.
>>726737611 Gold will be worthless, only a sucker falls for the buy gold as a hedge against inflation, and collapse. Think about this they tell you how worthless the money is, but want you to give them that money for the worth a lot gold. What part of that sounds right to you? In a major collapse of the financial system, the only things of value are food, shelter, water, and weapons. The first, and third are the most valuable, as you can make the other two if you know how to improvise, and have common sense. SO I suggest you either invest in freeze dried food, hard tack food like beans rice, and the such, and water filtration. Also have a place for retreating, and guns, bows, or your preferred method of defense.
>>726738672 The whole point of gold is that it's been a source of value since before recorded history. The "ooh, shiny" factor is strong. Yeah, food and medicine are great, but it's hard to store 5 pigs worth of bacon forever.
You do understand that the people who will buy you gold will offer you well below market value for it, right? Like, even if the price of gold goes up 10%, it doesn't matter much if you're only getting 60% of its value.
>>726738663 Ah yes, and that means that it cannot happen right? There is already a move to eliminate hard currency, and for it to all be digital. There are many countries who want there to be no Reserve Currencies at all. When this happens, and it will gold, and silver will only have any value as a commodity to manufacturing goods. Its real value will be very little. I really do not care if you people choose to believe it, but do not come looking for what you need from those of us who are ready, because you will become worm meat, and food for our dogs.
>>726739817 >Cash will NEVER lose value. Ever. Probably bait, but I'll bite.
Maybe you should look up "inflation", or better yet, "hyper-inflation" Just because it's never happened in the US doesn't mean it can't (very unlikely for hyper-inflation, but inflation can and does de-value currency).
>>726739484 There will not be another mild recession next time, and the silver, and gold values are, and were in the toilet in the last one. I have a good amount of both from metal detecting. I am not even considering sending it to the foundry for melt value, because it is not worth it. I consider my food, and weapons more valuable, and useful.
>>726737611 You'd have been better off buying ammunition. pic related
>>726739382 >Why the fuck does everyone flip into a Madwalking Deadmax fantasy when someone mentions gold and silver? What the fuck do you think happens when there is a financial meltdown? Everyone suddenly discovers the power of love and hugs out their problems?
Can any kind anons help a poor girl In unit out? Waiting on my financial aid and I've been struggling without it. My paypal is [email protected] it's also my email. I could send a breast shot but I'm Asian so don't expect much. Anything helps
>>726739817 >Cash will NEVER lose value. Ever. You mean besides the fact that it is already worthless. The currencies of today are all pretty much FIAT, and only good as long as enough people think it is worth something. That is, and will change in the blink of an eye. What you carry in your pocket, have in your bank is not of value, but it is debt, or an IOU. Currency of value disappeared a longtime ago.
>>726738475 I agree. Investing in gold is stupid. Strictly investing, you could invest in better things, ask a smart financial advisor. If you have it for an apocalypse or something, bread will be more valuable.
This in the event of a market crash, specifically the coming one which is really just 2008 Recession: Part Deux since the gubbermint has only re-inflated those bubbles to keep the market hobbling along.
Your prepper fantasy won't come true yet, Festus. But even in that circumstance, I'd still be better off than you :^)
We're much more likely to go into a decline rather than OMFG MAD MAX!!!!
Gold and silver preserve purchasing power. I'm much more fond of silver, as it's a lot easier to acquire and trade. Plus silver is an essential industrial metal with huge industrial demand. Gold has some industrial use, but it's been popular as an exchange unit for several thousand years only because it's shiny and doesn't dull.
don't be stupid, if you want thing that will have more and more value in the future buy really old and nice cars, so in 20 years they will be even more rare, my uncle left me his rolls royce and damn in a decade or so i will get a really nice house out of it
>>726740547 LOL! Yeah I have no doubt on that. >>726740866 Metal detecting at old homesteads, school playgrounds from old schools, and any other place that people have been going for years. No it is not minerals, but coins, rings, and so on. Most of the coins I find are only worth melt value. What I am always looking at with coins is collectable coins. Those are few, and far between. Gold I can pan for if I really wanted to. But I still prefer looking for prime coins. Just get a good detector. I have a Minelabs Etrac.
>>726741028 If you do your own melt then it is worthless. I have a forge, but not for that, but for aluminum. I like to make things with it at times. And not cans they are not good for anything but recycling. Old mower motors, and such are good for forging metal parts.
Yeah, if there was a financial meltdown then that Gold wouldn't be worth anything. If the U.S. economy goes, the whole world follows. With no world economy, Gold wouldn't be worth anything. You are better off buying water purification systems, Chlorine tablets, Guns, Food, etc.. You cant eat gold. Also, in the long term, Gold is a terrible investment, especially to buy now. It is way over priced right now, because of guys like you who have idea what the word economy even means.
Gold is a non-corroding conductor with extremely low electrical resistance and is what makes miniaturized electronics possible, it also makes a good radiation shield so you need to use a lot of it in anything going into orbit. Ironically the only thing that would make gold worthless is economic or technological collapse because it's only real value is in electrical and aerospace engineering which could only exist in the presence of a highly functional and educated society.
If you want a survivalist currency I would honestly go with narcotics, food, medical supplies, gasoline and ammunition.
>>726741762 When it does happen Venezuela will look like a really nice affluent place to live. Come to think of it Messico will be looking mighty prosperous as well. The only thing holding this false US Dollar up is the fact that we are the World Reserve Currency, when that changes you will see a collapse of monumental proportions. Just ask anyone that was alive when Great Britain lost its Reserve status, and the Pound Sterling took a major dump.
>>726742402 Garrret is not a bad one. All of them have their good and bad points. The best one Minelabs is making now is the CTX3030 you can use it underwater. But I am not spending $3K on a new detector at this point.
Yeah all currencies are "backed" by the USD. I personally think that this is all engineered to deliberately cause a worldwide crisis as a pretext to a one-world government with one centrally controlled digital currency.
hahhaha, that is propaganda that gold companies who have infomercials on late night tv say.
That happened once in History, in one country, and it was because of war. How retarded are you? Let me guess, you also don't realize as soo as you sighn your name and buy a diamond that it loses 80% of its value.. I bet you think diamonds last forever hahah
>>726742723 Because you are not a verified foundry is why. The only thing melting your own metal is good for is jewelry if you make your own custom stuff, and even then you really need to be certified to have your goods be of value. It is just how the system is.
>>726743746 Exactly! When the Pound took a dump the only country that had a viable currency for the world market was the US. If the USD goes there is really none to take over. So yes cash, and anything that resembles it becomes worthless, and is converted to electronic credits. Naturally though it will not buy you much in credits per dollar/currencies. The same will be true of supposed precious metals as well. That is because it is the International Banking Cartel running the show. Well they already are, but not fully yet.
>>726744283 For value it does. It is treated as impure, and not worth its full value. It is just how the system works. Remember the system is not setup to help the little guy, it is set up to for the big guys.
No shit, since they're all backed by nothing but debt.
Except the dinar in Libya...oh wait, Gaddafi was overthrown, Libya's gold was stolen and no one knows where it went, and their banks were replaced with Rothschild style interest based fractional lending kike bullshit.
Face it, anyone who doesn't participate in the fiat paper currency inter-generational theft Ponzi scheme is gonna get iced, because "They" don't like it, because it means fewer slaves.
>tfw Hitler tried to beat the Jewish International Banking Cartels >drunken cunt Churchill was paid by a group of bankers called "Focus" to throw Britain into WW2 and get the U.S involved to stop Hitler from breaking the chains
>>726744159 The USD is held up by our slowly crumbling defense industry as more and more people get into weapons manufacturing and our own people are getting more and more liberal attitudes towards weapons in general. Hundreds of thousands of jobs are based on weapons manufacturing and RnD which is then sold to trade partners so that they can use them to fight wars in third world countries for personal ideals and production rights. And of course, we also sell to ourselves since corporations no longer have to be exclusively loyal to the US and they can outsource labor to cheaper countries which means corporations can relocate entirely if the US gets in a fight it can't win like with Russia or even European countries which have been harboring an odd love/hate relationship with the US for decades.
(China I'm a little less worried about since their navy and airforce is out of date which cripples their ability to move the giant ground army it has overseas. They could hold china for a few years but it's ultimately boxed in by an allied coalition unless they get better support than Vietnam and North Korea.)
>>726737611 Speaking on gold investment only, excluding all other scenerios: If you're going to invest in gold, why don't you buy actual bars that are far more valuable and don't have the novelty expense of coins?
>>726745621 Well the reality is that it is the old monarchies, and people like Chase, Rockefeller's, Getty's ect who have been creating this system. Now there are some Jews in the mix, but they are not the predominate power in the cartel.
>>726746214 Hell you can still pull out gold here in Arizona as well. I sometimes pan near Prescott, and dry pan in the Phoenix area desert. Then the Carolinas still have gold in some creeks, and rivers. Just get a book on what to look for to find it.
>>726738475 >Gold will be worthless Yeah, there is absolutely no historical precedent for that statement. Gold has always had value and will always have value. The purpose of people buying gold for a SHTF situation isn't to get a 1:1 exchange in value for their gold. They are hoping that a single 1 oz gold coin can be used to barter for supplies with. In that situation, a gold coin might save your life if you have nothing else.
Pull your head out of your ass faggot. I prep and I would gladly take 1 oz of gold for some of my surplus food and water.
>>726748040 Can't eat gold. Gold is only real useful for advanced electronics in a practical, cost effective sense of "I have to actually use my stuff for something" due to it's high conductivity and high corrosion resistance. If you're going for full "shit hits the fan and now we inna woods" invest in a ton of life straws. Basically tiny filters you could use to drink from most moderately contaminated water sources. You could trade those things or even just the clean water they create for a lot of stuff. But for just an economic crisis, I still say land is the best investment, no contest.
>>726737930 >bitcoins >literally it's main use was as an online black market money backed by the fact that it was hard to track who actually owned the money and what the transactions were for
Bit coins are valued by whatever currency you can sell them for. The idea is that a person buys bit coins, uses the bitcoins to buy a product or service (usually of dubious legality), and then the person who sold the product or service can sell the bit coins to a currency exchange for a more publicly accepted currency with several extra levels that any authorities trying to track the money would have to go through. It's just as, if not more unstable than USD due to the unpredictability and generally looser regulation of it's value.
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