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re: Gold/Platinum price cross.
Posted on 5/11/21 at 12:54 pm to thunderbird1100
Posted on 5/11/21 at 12:54 pm to thunderbird1100
Possibly, but it doesn't serve the same purpose or convenience. In a true SHTF situation throwing some bars in a bag is way better than some crypto wallet cash-out attempt.
Posted on 5/11/21 at 1:54 pm to dragginass
quote:
In a true SHTF situation throwing some bars in a bag is way better than some crypto wallet cash-out attempt.
Meh, in a true SHTF situation, screw lugging around heavy pieces of metal. Food, bullets, booze, tobacco, medical supplies, etc will be much more valuable than a shiny rock. Maybe it is an older generation thing but I know every one of my friends that think about SHTF type scenarios have the same mindset. Shiny metals would be way down the list of things we'd trade our items for. We'd rather things that actually served a purpose.
Posted on 5/11/21 at 2:14 pm to dragginass
quote:
In a true SHTF situation throwing some bars in a bag is way better than some crypto wallet cash-out attempt
Posted on 5/12/21 at 12:17 pm to dragginass
quote:
Possibly, but it doesn't serve the same purpose or convenience. In a true SHTF situation throwing some bars in a bag is way better than some crypto wallet cash-out attempt.
Should there be a massive solar flare that wipes out all thing electrical (Carrington event like), gold won't be harmed.
quote:
A Warning from History: The Carrington Event Was Not Unique
quote:
Sept. 1, 2020: On Sept. 1st, 1859, the most ferocious solar storm in recorded history engulfed our planet. It was “the Carrington Event,” named after British scientist Richard Carrington, who witnessed the flare that started it. The storm rocked Earth’s magnetic field, sparked auroras over Cuba, the Bahamas and Hawaii, set fire to telegraph stations, and wrote itself into history books as the Biggest. Solar. Storm. Ever.
Posted on 5/12/21 at 11:51 pm to dragginass
quote:
Possibly, but it doesn't serve the same purpose or convenience. In a true SHTF situation throwing some bars in a bag is way better than some crypto wallet cash-out attempt.
How does one access crypto when the power is out for days. If things get really bad, prices get out of sight, people won't be able to afford electricity.
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