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Why Gold Would Be Useless in an Economic Apocalypse: Seriously, stick with the canned goods
The Atlantic ^
| 12/27/2013
| JORDAN WEISSMANND
Posted on 12/27/2013 5:44:30 AM PST by SeekAndFind
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To: Old Sarge
Calling Old Sarge to the firing line. Old Sarge please report to the firing line.
21
posted on
12/27/2013 5:59:02 AM PST
by
Kartographer
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
To: Daveinyork
If gold would still have value, people with guns and ammo would take it. In the case of a collapse, guns, ammo, nonperishable food, and soap would be valuable, and soop could be used as currency, assuming we dont totally sink to savagery. It can be easily divided and subdivided. As trade/barter goods, don't forget liquor, which will keep a LONG time in the bottle.
Black Powder and Alcohol
22
posted on
12/27/2013 5:59:04 AM PST
by
PapaBear3625
(You don't notice it's a police state until the police come for you.)
To: SeekAndFind
Everytime I hear Beck say “gold has never held zero value” I think yeah but you can’t eat it either.
23
posted on
12/27/2013 6:03:49 AM PST
by
autumnraine
(America how long will you be so deaf and dumb to thoe tumbril wheels carrying you to the guillotine?)
To: SeekAndFind
Aw crap. All I bought was gold.
I am so screwed.
24
posted on
12/27/2013 6:04:07 AM PST
by
Lazamataz
(Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
To: Daveinyork
And coffee would be especially precious.How much do you think my Keurig Machine would fetch in a dystopia America? / S
25
posted on
12/27/2013 6:04:08 AM PST
by
Popman
("Resistance to Tyrants is Obedience to God" - Thomas Jefferson)
To: silverleaf; Old Sarge; Marcella; JRandomFreeper
So how long do you trade your junk silver until someone decides they like to see just how much junk silver you have?
There’s no one answer, but human nature being what it is most thieves will lust after gold and silver first and foremost, even when they haven’t had a decent meal in days.
And depending on what it is and the nature of the event there are somethings I wouldn’t trade for all the gold that use to be in Fort Knox.
26
posted on
12/27/2013 6:05:54 AM PST
by
Kartographer
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
To: Popman
Green coffee beans will vacuum seal and last longer than roasted ones...
27
posted on
12/27/2013 6:06:23 AM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: B4Ranch
To: central_va
I have no gold or silver, but I do have 27.53 tonnes of Basalt.
29
posted on
12/27/2013 6:07:51 AM PST
by
Lazamataz
(Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
To: Kartographer
You need lead and copper to go along with your silver and gold....
All these people trashing hard currency silver and gold will dance for me like a little circus dog for a piece if it....
30
posted on
12/27/2013 6:09:17 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: MrB
Gold may also be useful for buying your way out of jail for hoarding or other contrived crimes.
31
posted on
12/27/2013 6:10:00 AM PST
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: SeekAndFind
With enough toilet paper, you could rule the world!
32
posted on
12/27/2013 6:10:43 AM PST
by
ArcadeQuarters
(Socialism is slavery.)
To: Lazamataz
27.53 tonnes of Basalt.Basalt is used in construction (e.g. as building blocks or in the groundwork), making cobblestones (from columnar basalt) and in making statues. Heating and extruding basalt yields stone wool, an excellent thermal insulator.
33
posted on
12/27/2013 6:11:20 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: MrB
Better than big bottles would be cases of plastic pints of whiskey.
You buy the big bottles and use those plastic water bottles to disperse it. And I figure a 90/10 mix with water would be about right. ;-)
To: cuban leaf
35
posted on
12/27/2013 6:13:04 AM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: Kartographer
So how long do you trade your junk silver until someone decides they like to see just how much junk silver you have?
Life is risk.
To: MrB
Green coffee beans will vacuum seal and last longer than roasted ones...One of these days I'm going to have to find out how to roast green coffee beans!
As a long time "prepper" I have filled one of my freezers with bags of already roasted beans... Even five year old beans still make a great pot of joe!
Coffee! Gotta have my coffee! Can't drink gold! (Stashed some of that too...)
To: Kartographer
And depending on what it is and the nature of the event there are somethings I wouldnt trade for all the gold that use to be in Fort Knox.
For personal geographical reasons, that one really cracked me up. ;-)
To: BCW
There are priorities certainly but its not an either/or question. All of those items are needed.
39
posted on
12/27/2013 6:17:59 AM PST
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Kartographer
Theres no one answer, but human nature being what it is most thieves will lust after gold and silver first and foremost, even when they havent had a decent meal in days.
In a REAL SHTF scenario, those that have stuff will have to make some very hard decisions about defending it. Since I’m 80 miles from the nearest city and 50 miles from the nearest large town, I figure that in a scenario you describe above not all that many of those guys will make it to my place. I know that some will, but we’ll have to deal with that if it happens, no matter how rich or poor we are with PM’s and food.
My neighbors are all farmers and have cattle, even if only five or ten head. And then there are all the chickens around here (we could live off the eggs our chickens produce, though a more balanced diet would be desirable).
We are also a very close knit community. We understand that we are stronger as a group.
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