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<p>[QUOTE=&quot;Cherd, post: 20743222, member: 24754&quot;]Assuming that a semblance of society, productivity, and a functioning economy remains, precious metals will probably always retain some value. But, in a truly worst case scenario (not enough food to keep everybody alive, zero manufacturing, etc) gold will be perceived as exactly what it&#039;s been all along...... A pretty, but useless, hunk of metal.</p><p><br /></p><p>Just like fiat currency, gold only has value because we all agree that it has value. In reality, aside from a few negligible manufacturing applications, it has none.</p><p><br /></p><p>Paper....Metal.... when it comes down to it, it&#039;s all the same useless stuff if you can&#039;t eat it, drink it, shelter yourself with it, or make something useful out of it.</p><p><br /></p><p>Artificial stores of wealth only work when there is excess wealth to be stored.[/QUOTE]</p><p><br /></p>

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