Rule #1: Cardio - stay ahead of the zombie horde.
Rule #2: Double Tap - If you have to shoot, don't cheap out on bullets.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
Always had one nagging question.
The real crisis hits the world. The real shiite hits the fan. I own stock in the gold market but I’m shrewed enough to also own real gold coins and jewelry.
Okay? Okay.
Now, there is a global shaking economic crises that involves war, revolution, famine, and disease. Everyone that owned gold contracts make a run on the market making the false system crash.
But I was a smart cookie and hoarded some jewelry bought back when gold was $340. Dollars are worth nothing. Euros worth nothing. Yen worth nothing. Yuan worth nothing. Peso is still a peso. Gold contracts are worth less than the paper they are printed on. But I have real gold coins and jewelry hidden in my house.
One day, a few weeks after the initital crash, I run out of supplies. The whole world is shattered as I drive into town. Shelves are sparce at the Costco. But they have canned beans and a pint of rubbing alcohol, priced at 1 million Euros. I produce one gold ring which entitles me to the supplies. The cashier smiles as I walk away and immediately alerts her husband who blabs to other townspeople including the cops. Rumors run wild about hidden treasure. They all look at each other and think, “If he has one ring, he must have more.”
So my question, how safe is my investment, in the coming global crisis, when I’m dead from the mob of starving desperate bandits?
In a real Road Warrior SHTF scenario, it might not be worth anything.
Doesn’t the Bible say something in Revelations about even the people with gold couldn’t buy anything?
You might be able to buy land. You could still pay your bills.
You just might not be able to find a can of beans on the shelf anywheres in your county.
There won't be food at the super market for you to make this mistake.
Quietly bring your gold to me and I will swap it for food...I have way more food than you do gold.
I will establish the prices...I can do without your gold a lot longer than you can do without my food.
I told my 'gold bug' buddy the same thing.
BTW...I have more lead than you do too...no ambushes, ahem.
Rule #1: Cardio - stay ahead of the zombie horde.
Rule #2: Double Tap - If you have to shoot, don't cheap out on bullets.
So my question, how safe is my investment, in the coming global crisis, when I’m dead from the mob of starving desperate bandits?
But you are illogical to suggest that because there is an adverse scenario following from one (arguably prudent) course of action that that course is imprudent.
Your alternative is to BE a starving bandit, instead of having what they might want.
The better approach is to already have some food and water stored, so you’re not out fretting groceries when the predators are looking for conspicuous victims.
Gold is for starting over or to purchase real things, like land.
Silver, even old 90% silver coins, will have trade value. If you are down to your gold jewelry, the ring should be cut into pieces equal to a quarter or half oz of silver in value. A gram scale and a gold test kit will be essential to prove weight and karat if you need to trade gold.
But, if you were wise enough to store metals, you were wise enough to store food and medical supplies, tools, guns and ammo to deter thieves. You will have made certain to have skills that others will barter for with either their own skills or their own stores. Tobacco, alcohol, lip balm, toilet paper, skin lubricants, soaps, and other toiletries will have value, too.
There will be black markets and the necessary goods will no longer be at stores. The grape vine will be the source for finding supplies. Anyone actively trading will need to have their own security and so will everyone else.
By the time folks are down to their jewelry, everyone will be wise to the ways of the new normal and your scenario will be obsolete.