Posted on 12/27/2013 5:44:30 AM PST by SeekAndFind
Ammo would be quite valuable also.
Yes, gold would be useless IN the economic collapse.
But that’s not what it’s for. Screwdrivers are useless when used as paint brushes, too.
Gold is for preserving wealth until the recovery.
how many canned goods and sacks of flour fit into a bug-out bag if the situation dictates re-location?
not everyone (actually very few folks) can build a long term fortress to defend their stash). eventually the zombies will find the fortresses and eventually the ammo will run out
easier to use junk silver to buy some sugar, aspirin, or a gallon of fuel, than figure out how many cans of peas to trade for it
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 don’t totally sink to savagery. It can be easily divided and subdivided.
Something tells me that the author really did not have Ezekiel 7:19 in mind when writing this.
And coffee would be especially precious.
Gold hording was good when a local region experienced chaos...the user of gold could move to an economy that still had their system up and running...the problem today is that there would be no place to move that would not be affected by global economic chaos....so horde the items needed to survive...gold should not be one of them...ammo and canned or dried foods ...wine...distilled spirits...medical items...weapons..both blade, gun powder, and archery types will be more valuable than some shiny block of gold!!!
While I have a modicum of staples like that, I am of the persuasion that a typical garden variety bullet will have more tradable value at the micro level.
A friend of mine at www.surviveusa.biz sells fractional gold-—very small denominations that would be perfect for exchange.
Ammo absolutely and canned food. But I’m still betting on dimes. Got a bunch stashed away with my lifetime supply if incandescent light bulbs which will be useless.
I’ve also wondered about hard liquor. You can get family sized bottles of GOOD rum and vodka at Costco for about 15 bucks.
But then, the things that will REALLY get you through are a large garden, guns/cartridges, solar/wind power and a good source of water.
“An economy that’s up and running”
can be in a different geographical region,
but it also can be in a different temporal setting as well.
That’s what gold is for - “transporting” wealth to the working economy, whether it is located somewhere else, or somewhen else.
Better than big bottles would be cases of plastic pints of whiskey.
I have no gold, but I have quite a bit of junk silver.
Right on.
The author is forgetting that a bag of gold will be worth more than a bag of Benjamins.
Preppers’ PING!!
It is always those without gold and silver that trash it’s usefulness. Do you think those holding gold and silver will be unarmed waiting for someone to steal it? LOL.
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