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Started By
Message
2
Posted on 8/19/24 at 7:49 am to Pauvetibete
quote:
Wtf am I going to do with an ounce of silver in a true SHTF scenario besides weigh me down from being mobile.
Well… for anyone not familiar with it, watch one of the most brilliant episodes of Twilight Zone: The Rip Van Winkle Caper
The Rip Van Winkle Caper
Posted on 8/19/24 at 9:52 am to TigerTatorTots
quote:
Yes
Very few people will value a shiny rock when everyone is starving, dying from disease, and can't defend themselves.
History has shown that is exactly when precious metal currency is king.
Posted on 8/19/24 at 10:03 am to notsince98
quote:
History has shown that is exactly when precious metal currency is king.
Examples?
Posted on 8/19/24 at 11:15 am to notsince98
The few (if any) examples you can name were probably during times when gold and silver were a dominate form of currency. Gold and silver are not a form of currency today outside of the most minute minority imaginable
Posted on 8/19/24 at 7:45 pm to Pauvetibete
Honey / bees
Lowkey clutch in apocalypse
Lowkey clutch in apocalypse
Posted on 8/19/24 at 10:05 pm to TigerTatorTots
I assure you that the world’s central banks consider gold the ultimate form of currency and value.
And based on the record level of gold purchases they’ve been accumulating the past five years, they know something that we don’t.
And based on the record level of gold purchases they’ve been accumulating the past five years, they know something that we don’t.
This post was edited on 8/19/24 at 10:09 pm
Posted on 8/20/24 at 11:22 am to cadillacattack
We are talking SHTF here. Like as we know it not existing. Central banks do not play into that equation so IDGAF what they are doing in relation to this scenario. If its a short term global crisis (I.e. Great Recession) or regional crisis, then I see PMs having a purpose. In a SHTF scenario, no, zero purpose.
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