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<p>[QUOTE="littlehugger, post: 1962937, member: 58633"]Depends on the nature of the collapse.</p><p>War, especially nuclear, will cause an immediate collapse, and depending on how far reaching it is, survivors will quickly dwindle and revert to ever more primitive and barbaric states. At first, food, water, guns, ammo, gasoline, gold and silver will be valuable, but eventually, seeds, land, water supply, and basic tools will become high value. Cavemen have different priorities. Modern society has different needs, but they are dependent on modern society existing at some level.</p><p> Gold and silver have always had value even in the days of flint and bearskins. It was they who initially discovered gold etc, was soft and easy to work, pretty, and inert, so as not to leave green marks. They were initially valued as jewelry etc, which value translated over into early civilizations. King Tut and other Egyptian kings had scads of it, and later civilizations made their coins of it, as it had intrinsic value.</p><p> But, given the paper promises of the stock market, the near fiction of electronic fund transfers, would you prefer these to a stack of gold and silver coins? If society collapses, are you going to buy bread with your stock portfolio? Or milk with your ATM card?[/QUOTE]</p><p><br /></p>
[QUOTE="littlehugger, post: 1962937, member: 58633"]Depends on the nature of the collapse. War, especially nuclear, will cause an immediate collapse, and depending on how far reaching it is, survivors will quickly dwindle and revert to ever more primitive and barbaric states. At first, food, water, guns, ammo, gasoline, gold and silver will be valuable, but eventually, seeds, land, water supply, and basic tools will become high value. Cavemen have different priorities. Modern society has different needs, but they are dependent on modern society existing at some level. Gold and silver have always had value even in the days of flint and bearskins. It was they who initially discovered gold etc, was soft and easy to work, pretty, and inert, so as not to leave green marks. They were initially valued as jewelry etc, which value translated over into early civilizations. King Tut and other Egyptian kings had scads of it, and later civilizations made their coins of it, as it had intrinsic value. But, given the paper promises of the stock market, the near fiction of electronic fund transfers, would you prefer these to a stack of gold and silver coins? If society collapses, are you going to buy bread with your stock portfolio? Or milk with your ATM card?[/QUOTE]
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