I don’t think gold can be beat, even with bank manipulation it’s out performing everything that’s real, stock market too, and has been recognised as money universally for over 4000 years. Fiat currencies come and go but gold and silver are here to stay.
Delete.
Lead is not finances, it’s protection.
Delete.
Ever tried to sell gold?
Not gold but have sold lot’s of silver. I sold at $40 and bought the same again at $16, it’s been good to me.
I have more lead than I will ever need. It’s a different thing for a different purpose. ……… Gold and silver are for after shtf , they are a long term preservation of wealth. They are what you get when everything else is taken care of.
Serious question. I was always curious why people collect gold for true SHTF?
The way I see it is if the world has gone to complete shit the last thing I need is something shiny that has no useful value. It’s only valuable because people like shiny things. I’ll trade ya ammo, food, water, shelter, fuel, meds…etc… but what am I going to do with gold? Can’t eat it, can’t drink it, does burn for warmth or fuel. Can’t cure or ease pain, can’t be used for shelter.
What am I missing? I get investments, I’m not talking about that
It’s not for actual SHTF, it’s so you can preserve your excess for after SHTF. I don’t expect to trade it for ammo or food or anything else during times of turmoil… It feels great to be independent and not have to rely the banking system.
I don’t think gold is to buy bread if things get that bad. Also anyone on here with gold probably has plenty of lead to go with it.
I think what many don’t consider is gold doesn’t care about government currency manipulation. It doesn’t matter what currency you use to buy the gold or what happens to that currency (i.e.Venezuela or Zimbabwe) you can trade it for whatever currency you need in a new location or after things settle down.
I don’t know of a time in history where it hasn’t had real value. So after anything bad happens gold and real estate (if you can keep it) would never be bad to have.
Why gold.
Because G-D created us with a natural draw to gold.
I can hear it now, what the hell is that dumb Jew saying now.
In the Garden of Eden the creator of the world, tell Adam where the gold is and also tells him it is very high quality gold.
I like gold and silver, as an insurance against bad times.
But you also need trade goods such as alcohol, cigarettes, extra food and bullets.
You are not the only one, governments all over are hoarding it, gold has risen over $ 286 an ounce or 21% in the past year alone… Wait till things really start to get bad and see what happens to the price then. Silver is an absolute bargain right now.
Trade is not always a good idea, best buy what you need rather than things to trade for it.
Can’t predict everything. Things break, go bad, and disappear. If the SHTF is local, like Katrina, it won’t matter, the world didn’t end. But if it’s global… whole different story. That herd of wild animals you have running around… you think you’re the only one who thought to harvest them for meat? People aren’t that stupid, sooner or later you’ll get more “neighbors”!
Sometimes it’s better to hand out a few things than it is to fight. You just have to judge the situation.
Besides, the biggest problems are going to be food/water and medicine. Would suck to develop a toothache or infection with no doctor to help. Here’s an opportunity to have something worth trading instead of using your own supplies.
Hmmm…gonna buy a loaf of bread with a gold coin? How are you going to get change? I think you’re far better off with silver. Or ammunition. In the looming COVID-19 apocalypse, or any of the other imminent apocalypses, I think ammunition will be the new commodity. And it’s usefulness is amplified by the fact that if you have enough of it and know how to use it, you don’t have to stockpile any food or medicines yourself…
Trade a bottle of whiskey to get through a road block, trade cigarettes for intelligence, etc.
If the bottom drops out of the economy in the USA, to the point it make the depression seem like a good time. The economy will enter a devolution, in time it will become what 3rd world economies are. Which means you might not be able to get what you need with the gold or silver in your hand. But a G shock, or other trade goods will carry the day.
This is not me coming up with an idea. This is me reporting what has happened in history. Doesn’t matter if it was WW2, the break up of Yugoslavia, in the end trade goods ruled the economy.
That’s what silver is for, it’s golds partner.
If the COVID -19 virus were to gain a hold, how are you going to steal anything without risk of becoming a victim yourself ?
Do you really believe preppers are not going to be fully prepared and able to protect themselves ?
If you need a bottle of whiskey to get through a road block, or trade cigarettes for intelligence, you are neither intelligent or prepared for anything.
Gold and silver will always retain value, they are real money that have survived, do you think financial principles have changed in the last 4000 years ? What would you prefer, gold and silver or paper, or perhaps numbers on a computer screen ?
LMAO. You have absolutely no idea.
Gold is doing what it has always done, it’s acting as a store of value when things become uncertain. It has risen 24% or $ 318 US dollars in the last year alone.