if you are a “have not” start hoarding bullets, they are really good at farming gold from the “haves”
brought to you by Big Marauder
Gold is only valuable in a society. You can’t eat it post apocalypse.
And some others saw the warning signs a long while ago. I’m glad that some more of the people are finally catching up.
Welcome to the party, pals!
You know, everyone acts like an economic collapse would create an apocalypse world and just be over. Technology doesn’t just go away. Infrastructure doesn’t just go away. We’re looking at a potential world conflict that sees the death and birth of multiple global powers. Think Rome but with nukes and shit. Yeah it’s bad in the post nuclear world. We can’t predict how bad it will actually be especially with climate shit creeping up but the idea that new governments won’t pop up is silly. Really it’s kind of hopeful in a way.
Welcome to the shifting of hegemony
Nuclear winter sure is one of the ways to combat global warming.
Who cares of global warming when everyone is dead /s
We are talking billions dead. A new dark age. A total collapse of global civilization. No food, no water, no electricity.
Go out this weekend with nothing but a tent and live in the forest. That’s what you’re about to experience.
Ain’t no “new government” gonna spring up around you bro. Refugee camps have better conditions than where we’re headed.
The thing is most of my gold (i.e. ~20% of my portfolio) is as ETFs. Good luck to me using that when civilisation collapses, if it does (I don’t think that’s happening in the shape and form as it sounds from this article). But then it was not likely at all I would be able to safeguard that in the physical gold form either in that perceived atmosphere of tyranny and mayhem, so that’s there.
One could, however, look to reduce or balance (whatever you wanna call it) USD exposure.
Exactly. If you don’t own physical gold, whatever you own is vapor on paper the second they decide it is. I’m in the same boat.
This is why I started hoarding bottle caps.
Also learning how to grow rootcrops.
Rooftop rootcrops, that’s where it’s at.
Mine are just in the yard.
Gold is worth more for the same reason stocks are worth more.
The GOP is destroying the dollar.
*American civilisational collapse
“It’s not the house that is on fire, it’s just the kitchen”
America has been the most dominant world-wide force in 6 decades. If it collapses, it’s doing a lot of damage, taking other civilizations with it.
I don’t disagree with you, that’s why it’s important for many countries to decouple to minimise the potential aftershock. The question is if politicians in respective countries have the will to do so.
Which will also hasten it’s fall.
Worst case scenario is a World War III. But the lesser worst case scenario is that the rest of the world will tie themselves to China for economic security that the US has dropped. Maybe the more ideal situation is a multipolar world but with more cooperation and getting used to without US as the major economy.
Mainland Chinese industry coupled with Russian mineral resources.
US-American.
Unfortunately most the so-called west is toast when the US fails. From Military to Cloud all US-dominated.
Europe is slowly decoupling from US tech, fortunately.
I work in the mining industry and all of my coworkers are so excited about the price of gold and other precious metals hitting record highs. They say that this will result in all of us becoming wealthy. Bless their hearts…
Their bosses, you’d think the know the difference.
the pollutants from mining gold got into thier heads.
You would think that but no, most of the management is the same. All are happily excited about all the things they are doing to buy. There are a handful of people who are going to be retiring within a year and they are all excited too. One of the older employees has medical issues and requires medication and within the last couple of months he has been unable to get his medication and has had a few moments where he has been hospitalized as a result. And he blames “woke” and “trans liberals” for the problems. The next 4-6 months are going to be interesting to see.
Out of all dysopian currencies, I see Metro’s bullet currencies as being the most accurate. I had a tough time planning ahead on whether to sell or hoard cause down that tunnel be death.
You can take gold with you when you flee to another country. Most of them get a bit pissy when you show up with ammo.
My maga mom has been trying to get me to buy silver for the last few months and I keep telling her if society ended silver isn’t gonna be worth anything. She got mad and changed the subject 😅
it would be things like CLEAN WATER, crops, and non-perishable foods. just think about the “200” episode of american dad, roger ended civilization when he was bombarded by particles in an acclerators. everyone either became a cannibal or fled/roam around to gather resources for food/security(while trying to avoid getting eaten by cannibals.
If you’d bought silver (or silver ETFs) a few months ago you would have made a whole bunch of money, and society hasn’t ended yet.
if society ended silver isn’t gonna be worth anything
i doubt that.
You cant eat metal.
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Really outing yourself as not understanding the argument.
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They are also aware that you can’t eat dollars.
Also, look into how quoting stuff works.
The alternatives are obvious, because it’s items of actual value, like tools, ammo, seeds. Things that can be traded with/for.
India’s families all run off physical gold.
A very useful currency for a collapse at least in the early days is gonna be cigarettes
cigarettes, whiskey, and 9mm.
Yup 100%
I am figuring K-Cups might be a currency as well, for those who have a caffeine addiction like myself.
stupid fuckers, buy bottlecaps
My girlfriend often laughs at my bottle cap collection. But I tell her that when the apocalypse comes I’ll be the one laughing!
This is great news, my Beanie Baby collection is about to bounce back.
