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Could Gold and Silver ever become worthless?
Posted on 3/9/22 at 12:17 pm
Posted on 3/9/22 at 12:17 pm
What conditions need to exist for gold and silver to become worthless?
Posted on 3/9/22 at 12:26 pm to tigerpawl
They will always have value. Think this government wouldn't try this if they thought they could get away with it?
Posted on 3/9/22 at 12:41 pm to tigerpawl
quote:
Could Gold and Silver ever become worthless?
In a societal breakdown, post-apocalyptic world, I think I'd rather have guns, ammo, and canned goods than some metal. So I guess only in a truly survival mode world
Posted on 3/9/22 at 12:44 pm to tigerpawl
there is actual value in precious metals for engineering applications, but that value is significantly lower than the ornamental value
for example, gold is used in wire bonding on chips inside of electronic packages. Therefore, no, it will never be worthless.
for example, gold is used in wire bonding on chips inside of electronic packages. Therefore, no, it will never be worthless.
Posted on 3/9/22 at 12:45 pm to jchamil
quote:This is completely true for pretty much everyone but there will always be older metals bugs that will place high value on gold/silver during the times you mention. I for one would not trade a single bullet for a pound of gold unless there would a clear path of returning to a semblance of normal life at some point in the future. If things are grim, then metals aren't worth much more than a hard object to bash someone in the head with. If hope if on the horizon, then maybe they provide some future value when society tries to reestablish commercial norms.
In a societal breakdown, post-apocalyptic world, I think I'd rather have guns, ammo, and canned goods than some metal.
Posted on 3/9/22 at 12:48 pm to tigerpawl
Your gold is completely worthless if you are declared an enemy of the state by the soveriegn the gold is located in. See Russian dollar reserves, oligarch assets etc...
Posted on 3/9/22 at 2:04 pm to tigerpawl
Gold and silver as well as platinum have a lot of industrial and technological uses. It's not all just trinkets and bullion.
Posted on 3/9/22 at 6:26 pm to tigerpawl
(no message)
This post was edited on 10/26/22 at 12:46 pm
Posted on 3/9/22 at 6:44 pm to footballdude
Women will always value shiny things
Men will always value pussy
Women have pussies
Men will always value gold and silver
Men will always value pussy
Women have pussies
Men will always value gold and silver
Posted on 3/9/22 at 9:50 pm to jimjackandjose
quote:You beat me to it, but this ^^^^
Women will always value shiny things
Men will always value pussy
Women have pussies
Men will always value gold and silver
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