Gold is COMPLETELY USELESS in a post apocalyptic scenario!

Gold in this environment is insurance not currency.

My local Starbucks won't accept Swiss Francs or Euros either, they only take Visa/MC/US dollars.

This does not mean Swiss Francs are not a valid form of hard currency.

They probably offer a 3 credit course in Logic 101 in your local community college. I would look into it. Follow up with a couple of courses in econ and you might have a start.

Gold always has value. Always.

OP doesn't understand that most people that own gold already has ammo, guns, food, and other preps….it goes with the mindset…..I had a years worth of food, preps, guns, and a bug out place in the country before I bought my first bar of gold….this was back in the 80's….

Its been a recognized form of exchange since the beginning.
I find it odd that the claims for this relic are at an all time high, in multiples. [link to www.godlikeproductions.com]

I don't give a shit what you do.

I'm just trying to understand the obsession over it.

You act like you are going to be kings because of the stash of gold you have when the world goes to shit. It's why you all want doom so bad.

I see it as no one is going to give a shit about gold in a time like that.

EVERYONE?

No only ppl who hoard it and then agree with each other. Youre existing in an echo chamber. Most ppl don't agree or even think about physical gold as a currency. Youre delusional .

What's going to happen in many places is the only ppl who value gold highly are those that already have it. So it's highest value will be with other gold hoarders. Those without out any won't miss what they don't have. You'll see.

It's not all dumbass out here, friend. You saved me the trouble of writing all that,it's exactly what I was thinking. But in a beautiful snark prose...perhaps I'll throw you an ounce of gold for your efforts. You can use it to keep that table from wobbling

only poor SOBs who don't have any physical gold are butthurt.

Gold has been the standard since the dawn of Civilization. Apocalypse or not, the trend will continue on till the last of these dumb fuckers dies.

You guys are like dems and Republicans. Why can't you store gold and silver AND store food.

What a thought?!? Both bases fully covered.

It's pretty malleable. I'd likely make bullets out of it. Maybe a toy for the kids or a pretty trinket for the lady.
Something useful anyways. I've got some gold though. Nothing in coin but a couple pounds in jewelry.

No it means your valid currency can't even buy you a cup of coffee. No matter how much you talk about its worth. Good thing you know about that logic classes location already.

2 words.

Precious metal.

Can you brag these words on useless paper money?

You didn't address how any of those things makes gold worth something to someone who doesn't want it.

I think you need to feel like I'm not as bright as I obviously am.

Wrong.
A) Gold/silver always have value, because most people believe it does. If you do not believe this, give me a bar of gold to prove it.
B) People I know who raise chickens, have more eggs than they can eat. They can trade their SURPLUS eggs for silver. And trade that silver for someone's SURPLUS bread, water, bullets, shoes, whatever. If TSHTF, and I have 7 vehicles or rifles, I may decide I only need 2, and trade the others for gold which could be traded for someone else's SURPLUS weapon, food, medicine, cow, booty.
C) Majority of people are inherently greedy, and gold is very appealing to them, regardless of the scenario. It's shiny too.
D) Once the dust settles in your post apocalyptic scenario, the guy who traded his surplus for gold is going to be your pimp. And you will wish you had stashed away more of that useless shiny stuff.

If I have a surplus of anything, I may consider precious metals for a trade, because I can trade it for something else. Maybe you would not, but for every one of you, there are a dozen who would.

Watch this (OP) This'll bake your noodle...

Yes our currency was backed by gold you dense forest, until Nixon severed the ties between gold and the USD in 71.

Read this article and languish in your own stupidity, dude.,

[link to www.businessinsider.com]

snip
Ever since, the US government has refused to acknowledge precious metals as money… yet if the Treasury’s financial statements are to be believed, Uncle Sam is still holding 261,498,900 troy ounces of gold. Let’s dismiss the tungsten possibilities for now and presume that it’s real gold. At today’s prices, the value would be about $437 billion.

Meanwhile, M2 money supply at last count was about $9.8 trillion as of March 12, 2012. This means that roughly 4.46% of US dollars in circulation are ‘backed’ by gold, the rest backed by false promises and goodwill.

You are astonishingly ignorant, you know that?! What was your education? Common BORE?

Last Edited by M*walk on 09/18/2015 01:47 AM

Look let me simplify this argument without all the brain numbing wanna be econ geniusing.

Gold tards:

Gold will be worth something because it will be worth something. I can give you the reasons why I think it will be worth something in any situation but I can't prove it. Gold will save me and my family.

Not gold tards:

Gold is only worth something if someone wants it. Thats just common sense. So I don't have to prove anything and I think there will be many ppl who will take many forms of payment over gold and I believe some will outright refuse it as payment. Gold will not save you and your family.

The end.

Then there is those who have it but are not relying on it.
With various degrees of confidence in its usefulness in this hypothetical scenario.

We really have to cross that bridge first, to know.

The aliens will gang bang your girl if you dont have gold

All i have is an old Mule...

hmmm i disagree. i've long since converted mine to 7.62, booze, and more equipment..

if were in the throngs of an apocalypse... shiny soft metal, paper currency, great for bashing in a head or starting a fire.

i've seen it in kosovo and serbia during their meltdown. my shitty mre was worth far more than gold necklaces and trinkets..

Yup. I can't help but imagine after the initial shit storm and a society is stabilizing and building again that there will be corpses found in homes. Surrounded by gold.

If the world turns over soon, people will be smart enough to know gold is absolutely useless.

No one will be manufacturing electronics and if they do, gold is totally not necessary unless you're space age.

I will take all your worthless gold, if you don't want, and after SHTF, I will sell and make %1000 profit..

They wish they had some, but can't afford to..so they justify to themselves why gold is silly to own..
It will always be valuable because of its scarcity and usefulness..

OP's quite right and I'm happy to help him out. Send all your gold to me op, I'll swap you for tp.

OP is right you moran. When TSHTF, foods and water will be scarce. Even if you own the whole gold in the universe, what good will it bring if you can't even find a cup of water? Stupid prick.

I guess in common core land there is no difference between IS backed by gold and WAS backed by gold (the dollar was only partially backed by gold when nixon severed the relationship).

There is no gold backing the dollar at all. Do you understand what your own quote means? "Ever since the u.s. government has refused to acknowledge precious metals as money".

No one can take a fed reserve note and exchange it for gold. That is the definition of fiat currency-there is nothing backing it at all.

I suppose in fuzzy addled common core land "supposed to be backed by gold already" means it is backed by gold.



Check into why nixon did that but it might be to taxing for you.

At any rate $437 billion in gold is laughable compared to a debt of 18 trillion and unfunded liabilities of 1 - 200 trillion.

And as far as your other moronic contention, if there is a market for copper, iron or any other metal or mineral, people will mine, smelt and refine it.

They will then sell their product for whatever the medium of exchange turns out to be.

the article you cite refers to Mongolia as an example of gold reserves vs. money in circulation. Which in itself is a poor comparison in relation to debt and unfunded liabilities.

Last Edited by s. d. butler on 09/18/2015 05:05 AM