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When/If SHTF, how long will silver/gold rounds and such last?
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<p>[QUOTE="coleguy, post: 1218007, member: 9167"]Basically, if the dollar becomes worthless it's because the rest of the world's economies have collapsed as well. We see this in miniature right now. You won't be taking your pile of gold on a boat ride to sunny green meadows beyond the horizon, because they won't exist. If or when, however one wishes to extend this fantasy, bullion is used once again as money, like it has over and over in the past, the 1 oz gold eagle you paid $1800 for this year will probably be worth it's face value, if that, then. When gold and silver were used as currency before, the only way it worked was with it being regulated and cheap. As a priceless commodity, it would be worthless. People fail to take in account the reasons bullion rises and the consequences that entails when factoring in their "store of wealth". I can remember when vcr's were selling for $2500 each, but I didn't stock up on them as a speculator, luckly.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1218007, member: 9167"]Basically, if the dollar becomes worthless it's because the rest of the world's economies have collapsed as well. We see this in miniature right now. You won't be taking your pile of gold on a boat ride to sunny green meadows beyond the horizon, because they won't exist. If or when, however one wishes to extend this fantasy, bullion is used once again as money, like it has over and over in the past, the 1 oz gold eagle you paid $1800 for this year will probably be worth it's face value, if that, then. When gold and silver were used as currency before, the only way it worked was with it being regulated and cheap. As a priceless commodity, it would be worthless. People fail to take in account the reasons bullion rises and the consequences that entails when factoring in their "store of wealth". I can remember when vcr's were selling for $2500 each, but I didn't stock up on them as a speculator, luckly. Guy[/QUOTE]
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When/If SHTF, how long will silver/gold rounds and such last?
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