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When/If SHTF, how long will silver/gold rounds and such last?
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<p>[QUOTE="medoraman, post: 1217756, member: 26302"]Depends on what SHTF scenario it is right? I mean, is the world economy in collapse or just the US? If its the world, why does anyone want PM? PM has a value as a means to escape to somewhere where its better. </p><p><br /></p><p>If its just the US, then PM will hold its value in real terms, but fast appreciate versus the dollar just like every other commodity. Hyperinflation is not new, and how people get paid is simply in local currency that they quickly try to spend since it is decreasing in value every day. Post WWI Germany and Zimbabwe are great examples. Also, a lot of people would start using another currency, like the CDN$ instead.</p><p><br /></p><p>I think the rounds would last a long time, since they would not be "coins", but rather an expensive commodity. People would not treat them as badly as normal coins.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1217756, member: 26302"]Depends on what SHTF scenario it is right? I mean, is the world economy in collapse or just the US? If its the world, why does anyone want PM? PM has a value as a means to escape to somewhere where its better. If its just the US, then PM will hold its value in real terms, but fast appreciate versus the dollar just like every other commodity. Hyperinflation is not new, and how people get paid is simply in local currency that they quickly try to spend since it is decreasing in value every day. Post WWI Germany and Zimbabwe are great examples. Also, a lot of people would start using another currency, like the CDN$ instead. I think the rounds would last a long time, since they would not be "coins", but rather an expensive commodity. People would not treat them as badly as normal coins.[/QUOTE]
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When/If SHTF, how long will silver/gold rounds and such last?
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