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<p>[QUOTE="Blaubart, post: 2367097, member: 37498"]I suppose much would depend on the nature of the S that HTF. If it's simply an economic collapse similar to what we saw in Russia and Argentina fifteen years ago, then gold, silver, or alternative currencies from stronger economies would certainly still have value. This is because those countries didn't descend into lawless chaos.</p><p><br /></p><p>If it's something like the Walking Dead, as Cascade noted, then no, gold and silver would likely have very little value, because with 95%+ of the population dead, people could loot more gold and silver than they can carry. Combine that with a lack of confidence that civil society would return, then they wouldn't have any value either.</p><p><br /></p><p>Another thing to consider is how we are transitioning to a cashless society. I know a few people who literally do not carry cash because they use their debit card, or their iPhone to pay for virtually everything they need. If they "need" cash, they go to the ATM to get some cash for that particular transaction. What happens if, say ten years from now when nobody is carrying cash, we get hit with an EMP that disables all electronic communications for an extended period of time? How long do you suppose it would take for our government to redistribute enough cash to resume cash based commerce?[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 2367097, member: 37498"]I suppose much would depend on the nature of the S that HTF. If it's simply an economic collapse similar to what we saw in Russia and Argentina fifteen years ago, then gold, silver, or alternative currencies from stronger economies would certainly still have value. This is because those countries didn't descend into lawless chaos. If it's something like the Walking Dead, as Cascade noted, then no, gold and silver would likely have very little value, because with 95%+ of the population dead, people could loot more gold and silver than they can carry. Combine that with a lack of confidence that civil society would return, then they wouldn't have any value either. Another thing to consider is how we are transitioning to a cashless society. I know a few people who literally do not carry cash because they use their debit card, or their iPhone to pay for virtually everything they need. If they "need" cash, they go to the ATM to get some cash for that particular transaction. What happens if, say ten years from now when nobody is carrying cash, we get hit with an EMP that disables all electronic communications for an extended period of time? How long do you suppose it would take for our government to redistribute enough cash to resume cash based commerce?[/QUOTE]
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