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re: Gold is a stagnant investment
Posted on 4/7/13 at 2:03 pm to Teddy Ruxpin
Posted on 4/7/13 at 2:03 pm to Teddy Ruxpin
quote:
he way I see it, in such a scenario gold would be worthless to the average owner because the guy with more guns is just going to take it from you.
There's a pretty wide field between "economic catastrophe" and "end of civilization"
1
Posted on 4/7/13 at 2:09 pm to Walking the Earth
Sure. I mentioned the great depression. Did people who had prepared with gold lug it out and start using it? How about during previous panics? I honestly want to know because I have a hard time finding a scenario where people stop taking currency yet are peacefully transacting like normal but with gold.
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