the difference is gold doesnt even keep up with inflation. Your money should be kept in an sp500 index fund, with 10-30% in real estate and 6 months of bills in cash
Correct. Gold is only a means of wealth when people have excess wealth. When the excess wealth is gone, then the only things that inflate is land and food prices, since those are the bare essentials.
It’s not a “symbol” dumbass, it’s called CREDIT. Gold/silver is credit for labor energy, the highest form of credit, the only form of credit without counter party risk. We call This unique form of credit money.
you people think that a social collapse would be this big fuckin’ free for all where technology is obsolete snd everywhere there are cannibals roaming the streets. most people want to continue their life, and gold has been a currency for thousands of years. suddenly now it’s useless? so history is completely useless in seeing what life was like before pixels ruined your faces. technology will always be around, your computers do not work without gold and other boomer rocks. everything you use is a boomer tock, moron. gold and silver are used as currency and in daily objects through all human history, up until this magical “social collapse”. got it.
1 month ago
Anonymous
see
https://i.imgur.com/mpbNdeq.jpg
the difference is gold doesnt even keep up with inflation. Your money should be kept in an sp500 index fund, with 10-30% in real estate and 6 months of bills in cash
1 month ago
Anonymous
oh, so cash DOES survive a social collapse
1 month ago
Anonymous
Will faith in the value of cash survive? I’d say that depends..
If you break one of those in half, then position the half on the end of your first finger and flick your finger they can make an amusing projectile. Possibly take an eye out of an MP or other deadly enemies.
Gold is literally worthless as an asset. How does a shiny rock is useful for anyone during social collapse of any kind you fucking moron?
You can't eat it, you can't drink it, it won't keep you warm or safe, on contrary some retards might want to rob you just because of it? Even with paper money, i can at least wipe my ass with it once it becomes useless. Gold is only one step above bitcoin.
>Can I eat gold or silver? Or use it to kill?
If you throw a piece of silver at a man with a gun, his gun will disappear and then you can beat him to death with a sock full of silver.
in the event if a social collapse, i’ll use my resource collection to trade with other people who were prepared. the social collapse will not have everybody resorting to utter debauchery and savage behaviour. but, i’ll shoot a less valuable boomer rock in your skull if you come trying to steal my stuff
>Silver and gold wont be tradable after the nukes fall. Nobody will know how to detect fakes
How did people know how to detect fakes from 2000 BC until 2023 AD?
>be farmer >make food >have so much surplus food you want to sell >have to sell food fast before it becomes bad >sell for physical silver coins >use physical silver coins at a later to buy other stuff
>MO NAY ROE
Lmao. This incapsulates well one of the most fundamental aspects of money, and why crypto will never hold that mantle. Money must be easily understandable by the population, down to the lowest common denominator.
>Do you think I'm going to trade any of the food, water, medicine, hygiene supplies, or ammunition I have amassed for your gold or silver?
No, because it's not believable that someone could amass supplies without understanding the inherent value of a currency as it relates to a community.
nobody will in the initial stages only after things have settled down. but yeah you’re stupid if you aren’t prioritizing stocking up on food and water first.
boomer rocks are literally worthless
Whats the difference between boomer rocks, crypto and Greenbacks, really. They serve as a symbol for value, time, work.
In the end, there is no difference. You cant sustain yourself from any of those and become worthless in a society wrol
>333
trips of truth
You can't eat gold and silver.
Me like shiny. Shiny pretty!
the difference is gold doesnt even keep up with inflation. Your money should be kept in an sp500 index fund, with 10-30% in real estate and 6 months of bills in cash
Correct. Gold is only a means of wealth when people have excess wealth. When the excess wealth is gone, then the only things that inflate is land and food prices, since those are the bare essentials.
>muh crypto meme coin
>*turns off the internet*
zoomer crypto is not only useless but also retarded.
It’s not a “symbol” dumbass, it’s called CREDIT. Gold/silver is credit for labor energy, the highest form of credit, the only form of credit without counter party risk. We call This unique form of credit money.
your iphone is a boomer rock you stupid kid
>boomer rocks are literally worthless
What are some countries where you can get silver or gold for free?
there are dozens of countries where you can pull gold and silver right out of the ground
why aren’t you, then? go make money
because
you people think that a social collapse would be this big fuckin’ free for all where technology is obsolete snd everywhere there are cannibals roaming the streets. most people want to continue their life, and gold has been a currency for thousands of years. suddenly now it’s useless? so history is completely useless in seeing what life was like before pixels ruined your faces. technology will always be around, your computers do not work without gold and other boomer rocks. everything you use is a boomer tock, moron. gold and silver are used as currency and in daily objects through all human history, up until this magical “social collapse”. got it.
see
oh, so cash DOES survive a social collapse
Will faith in the value of cash survive? I’d say that depends..
i thought you people hated israelites
You said gold and silver are worthless, so I want to know which countries have it just lying around in trash piles.
considering it is in all electronics, you can find it lying in every dump in the world
>considering it is in all electronics
How are silver and gold worthless if they're required components of all electronics?
We do. You can literally pick it up off the ground.
I'm serious about that, and yes some people do it.
Why do people pick it up off the ground if it's worthless?
>his numbers on a screen have tangible value compared to something rare, scarce, always in demand and most importantly actually REAL
ok retard enjoy your zoomerdigits while the grid is still functional lmao
lurk moar
you now remember
that Q was vindicated
Two more corners
cringe retard scam
theyre nice to have but remember setf and the subreddit? no one cares now because it was a fraud
A WW3 JUST FLEW OVER MY HOUSE!!
I'm saving plastic bread ties in a jar in the kitchen. They will probably hold more value after shit hits the fan, lol.
If you break one of those in half, then position the half on the end of your first finger and flick your finger they can make an amusing projectile. Possibly take an eye out of an MP or other deadly enemies.
Canada has natural resources like oil, that's more important in a world war if the last ones are any indication
Gold is literally worthless as an asset. How does a shiny rock is useful for anyone during social collapse of any kind you fucking moron?
You can't eat it, you can't drink it, it won't keep you warm or safe, on contrary some retards might want to rob you just because of it? Even with paper money, i can at least wipe my ass with it once it becomes useless. Gold is only one step above bitcoin.
in the middle ages, gold was useless, wasn’t it
Can I eat gold or silver? Or use it to kill?
>Can I eat gold or silver? Or use it to kill?
If you throw a piece of silver at a man with a gun, his gun will disappear and then you can beat him to death with a sock full of silver.
I've made around 65% holding physical gold in the last few years.
Everyone should own some physical gold.
in the event if a social collapse, i’ll use my resource collection to trade with other people who were prepared. the social collapse will not have everybody resorting to utter debauchery and savage behaviour. but, i’ll shoot a less valuable boomer rock in your skull if you come trying to steal my stuff
Any time now.
Man… I miss the days when I could buy a 10 oz 99.99 RCM bar for $170 shipped.
Jannies: this is political because governments suppress the price of metals to keep their fake system afloat.
Silver and gold wont be tradable after the nukes fall. Nobody will know how to detect fakes and nobody will know what anything is worth.
Freeze dried food and water will be the only things of value and they will only get more valuable every single day.
Faux gold and faux silver will be a boon for scammers though.
>Silver and gold wont be tradable after the nukes fall. Nobody will know how to detect fakes
How did people know how to detect fakes from 2000 BC until 2023 AD?
Do you think I'm going to trade any of the food, water, medicine, hygiene supplies, or ammunition I have amassed for your gold or silver?
>be farmer
>make food
>have so much surplus food you want to sell
>have to sell food fast before it becomes bad
>sell for physical silver coins
>use physical silver coins at a later to buy other stuff
>MO NAY ROE
Lmao. This incapsulates well one of the most fundamental aspects of money, and why crypto will never hold that mantle. Money must be easily understandable by the population, down to the lowest common denominator.
>Do you think I'm going to trade any of the food, water, medicine, hygiene supplies, or ammunition I have amassed for your gold or silver?
No, because it's not believable that someone could amass supplies without understanding the inherent value of a currency as it relates to a community.
nobody will in the initial stages only after things have settled down. but yeah you’re stupid if you aren’t prioritizing stocking up on food and water first.
Good luck smuggling the rocks to a new country then using them without getting shoahd.
>silver is too heavy
>leave the heartland on foot
>also they'll murder you if they find out you own any
You sound vaxxed.
sorry, I dont take financial advice from people who say yikes
we are getting dangerously close to an autocracy.
how will the government respond.
when I'm able to wield that kind of influence.
gold is worthless metal only useful for pcb plating(can easily be replaced with nickel)
stockpile ammo, explosives and fpv drones