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Gold: The Real Impossibility of determining.......

392 views 3 replies 3 participants last post by  BigEd 
As much as I downplay gold relative to other investments, it could absolutely have value in several kinds of 'shtf' situations. Some Jews bought their way out of jams with it in WW2, FerFAL talks about people using it (even cut-apart pieces of necklaces) for barter purposes during bad economic times, etc. But imo, it's really only those kind of situations where its value shines (no pun intended).

In normal times as a normal investment, it doesn't perform nearly as well as almost any other investment other than bonds sometimes. And in a full-blown, end-of-civilization, live-in-a-spyderhole, "95% of the world's population is dead" kind of shtf that gets bandied about, I don't see why it would have any more value than any other mineral or shiny object. A big part of that is just because that kind of shtf has simply never happened afaik; at least short of Noah's flood. (And in Noah's flood, having pockets full of gold would be a bad thing, not a good one.) Maybe the meteor that killed the dinosaurs induced that kind of shtf and could again, but still don't see it being particularly useful there either.
 
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