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To: ChrisBoundsTX
And what good is that if you cannot buy anything in a collapsed economy? Just something to ponder.

Okay. If NOTHING is available (of life's necessities), then we're all screwed. If stuff IS available, but at a PRICE, then you can buy it with gold (little else will do in that situation).

24 posted on 11/04/2010 3:59:12 PM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: Migraine

I don’t know the answer to that, I was just thinking out loud.

I am not sure the answer is clear, because in the event of a collapse and there was still a fractured market, how does gold get reintroduced as a medium of exchange? Most people do not have it and prices will need to stabilize before a standard can be naturally formed. I hope to never have to learn those answers firsthand.


25 posted on 11/04/2010 4:31:29 PM PDT by ChrisBoundsTX
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