The end is near!

Discussion in 'Bullion Investing' started by Detecto92, Jun 27, 2012.

  1. Detecto92

    Detecto92 Well-Known Member

    According to a lot of the nutjobs that invest in precious metals you better stock up on gold, silver, pennies, and nickels.

    Because when planet x crashes into the earth and a zombie apocalypse your silver and gold will supposedly get you all the basic essentials.

    Yup, with no economic system in place, your little disks of gold and silver will have more value than rocks and acorns.


    People need to get real, if the world would happen to end, which I'm 99.9999% sure it won't, your silver and gold won't have any more buying power than cow dung and dandelions.

    Think about it, the only reason gold and silver is worth anything is because it's worth money. You can sell it and be paid for it.

    Will if their was a major, global wide economic collapse, sure, you can get money for your gold/silver, but that money will be useless.
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  3. krispy

    krispy krispy

    There's nothing to see here...

  4. redwin117

    redwin117 Junior Member

    One of my Gold Coin- Reserve as Money...[​IMG]
  5. krispy

    krispy krispy

    Your reserve looks pretty shaky to me... :eek: :D
  6. redwin117

    redwin117 Junior Member

    I am wearing it as a Necklace an ORO PURO 50 Pesos mexican gold.The bad news is not 1933 20$ Gold Coin Double eagle.. ED at Fountain Blue,MD.jpg
  7. krispy

    krispy krispy

    Oh well! They can't all be multi-million dollar coins in your possession. ;)
  8. areich

    areich America*s Darling

    Why not?
  9. krispy

    krispy krispy

    Think about it, in relation to whom the comment was directed.
  10. rickmp

    rickmp The other White Meat.

    The pot calling the kettle black?
  11. ikandiggit

    ikandiggit Currency Error Collector

    Send all your worthless gold and silver to:

  12. Tyler

    Tyler Active Member

    Agreed. I'd rather have 1 pound of ammunition than 1 pound of gold.
  13. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I'll make that trade any day of the week.
  14. Tyler

    Tyler Active Member

    If we end up in Detecto's scenario hmu.
  15. Lon Chaney

    Lon Chaney Well-Known Member

    What about when it's just the US that collapses? Still worthless?
  16. Gipper1985

    Gipper1985 Junior Member

    In the coming apocalypse where do I get my "fair share" of guns and ammo? Will there still be lots of greedy hoarders?
  17. Blaubart

    Blaubart Melt Value = 4.50

    What about when the Euro collapses, but every other currency is still strong? When someone from Europe offers you some of their precious metals for dollars, are you going to laugh at them and say "Your economy collapsed! Your precious metals are no good here!"
  18. ikandiggit

    ikandiggit Currency Error Collector

  19. Owle

    Owle Junior Member

    From time immemorial people have prophecied an imminent apocalypse base on astronomical, astrological, theological and other grounds. Supposedly stocking up on dry goods, guns and precious metals will position you well against the vagaries, challenges, survival potentials and dearth of economic and political crises. It seems to me that they are making provision for a future which may never arrive, like the Y2K situation. Books are sold, fortunes are made and frankly fortunes are lost banking on outcomes that do not develop. I met an ex-cop in the fall of 1999 who was banking on widespread bank failures as 2K rolled around, he was maxing out his credit cards and borrowing other money as well as looking for a survivalist property to ride out the coming economic storm. I doubt the reality was kind to him as the crisis did not develop as hoped/feared.
  20. fatima

    fatima Junior Member

    If the world is opening up and the satanic dogs of hades are hunting people down, the pound of ammunition isn't going to do you much good either. In such a scenario I'd recommend running instead of shooting at things.
  21. fatima

    fatima Junior Member

    When someone from Europe offers you some of their precious metals for dollars, are you going to laugh at them and say "Your economy collapsed! Your precious metals are no good here!"
    What currency might this be? Every central bank in Europe has been quietly moving to protect their gold reserves, and our own Federal Reserve, the largest gold holder in the world, isn't getting rid of any either. Why would they do this?
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