I still want to know WHY IS GOLD VALUABLE? When in time? Why? As I stated “it is only physically purty” nothing more. Makes no logical sense, to me at least, to “barter and trade” with something that truly has “ no value”
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A question for those buying gold for SHTF
- Thread starter Bryan
- Start date
I could see gold having value in a SHTF scenario. Among well prepared individuals or groups.
Not if you’re already flat busted. You’ll be done anyway.
But if you’re already prepared, and dealing with others who are prepared, or groups who are well organized and prepared, I could see trades such as several gold ounce coins for an old vehicle that still runs after an EMP, or a tractor or some other equipment that’s useful. Among well prepared people, I would think groups and individuals may have their own surplus and unique needs. So you may be well stocked on livestock, but lack something else. Gold could be very useful for trading for such items. Of course lead would seem just as valuable if not more.
But clearly not useful on day one, and not if you’re one of the millions of the unprepared and doomed.
Not if you’re already flat busted. You’ll be done anyway.
But if you’re already prepared, and dealing with others who are prepared, or groups who are well organized and prepared, I could see trades such as several gold ounce coins for an old vehicle that still runs after an EMP, or a tractor or some other equipment that’s useful. Among well prepared people, I would think groups and individuals may have their own surplus and unique needs. So you may be well stocked on livestock, but lack something else. Gold could be very useful for trading for such items. Of course lead would seem just as valuable if not more.
But clearly not useful on day one, and not if you’re one of the millions of the unprepared and doomed.
I can see this, but this suggests that society would be reasserting itself at this point.
Henry Ford Quotes: "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
If one does not know by now, most likely they never will. The answer is so obvious that I do not wish to insult anyone by stating it.
Don't forget the motorcycles
Ken Ford
, pretty sure you stock up on them too! I had not thought about storing liquor, hell, it would probably end up being priceless in a true SHTF...espoecially after a couple odf months!
Insult me. I really have no idea why it is “valuable” other than long long ago someone somewhere said “ it’s purty I want it”. What more? Useless metal for useless things. If you put your value in something that can’t keep you fed, dry, warm then go ahead. I use “Currency” only to deal with the sheeple that put value in something that was pounded into them that it is valuable.
If you have the means, you could cast some bullets out of it. It will not lead the barrel of whatever you use it in.
The statement above is correct: "....I really have no idea why it is “valuable”...".
I meant no personal insult to anyone, yourself included. However, I will pass on any further comment as a matter of principle.
