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Old 10-19-2018, 09:44 PM   #1
Iowanian Iowanian is offline
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I was at an auction a while back that had (2) 100oz silver bars offered....and several serious buyers were there and they brought above current market value.
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Old 10-19-2018, 09:50 PM   #2
alpha_omega alpha_omega is offline
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Old 10-19-2018, 09:51 PM   #3
patteeu patteeu is offline
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Old 10-19-2018, 09:51 PM   #4
Pasta Little Brioni Pasta Little Brioni is offline
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Old 10-19-2018, 09:51 PM   #5
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I've always thought it sounded pretty dumb to hear the ads for investing in gold for security. If society actually broke down, gold itself isn't really worth much, it's completely dependent on a stable economy for value.
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Old 10-19-2018, 09:57 PM   #6
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I've always thought it sounded pretty dumb to hear the ads for investing in gold for security. If society actually broke down, gold itself isn't really worth much, it's completely dependent on a stable economy for value.
I'm kind of a dummy about this sort of thing, but isn't it security against recession and the like? Not many investments to secure you against society crumbling. Maybe just buy a shit ton of gasoline?
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Old 10-20-2018, 09:57 AM   #7
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I'm kind of a dummy about this sort of thing, but isn't it security against recession and the like? Not many investments to secure you against society crumbling. Maybe just buy a shit ton of gasoline?
I followed LiveSteam's approach and filled a basement storage room with SPAM® brand luncheon meat.
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Old 10-20-2018, 11:01 AM   #8
Discuss Thrower Discuss Thrower is offline
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I'm kind of a dummy about this sort of thing, but isn't it security against recession and the like? Not many investments to secure you against society crumbling. Maybe just buy a shit ton of gasoline?
Typically, precious metals are a credible investment in an environment where debt and equity lose value.

But in a total societal collapse? Water and bullets would be worth much more than gold or silver.
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Old 10-20-2018, 11:23 AM   #9
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Typically, precious metals are a credible investment in an environment where debt and equity lose value.

But in a total societal collapse? Water and bullets would be worth much more than gold or silver.
"Hey, our families are both starving. Want to trade that food you have for my shiny rock?"
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Old 10-20-2018, 08:50 PM   #10
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I'm kind of a dummy about this sort of thing, but isn't it security against recession and the like? Not many investments to secure you against society crumbling. Maybe just buy a shit ton of gasoline?
Gas doesn’t last very long.
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Old 10-20-2018, 08:58 PM   #11
kysirsoze kysirsoze is offline
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Gas doesn’t last very long.
Water then, I suppose.
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Old 10-19-2018, 10:13 PM   #12
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Originally Posted by Fish View Post
I've always thought it sounded pretty dumb to hear the ads for investing in gold for security. If society actually broke down, gold itself isn't really worth much, it's completely dependent on a stable economy for value.
Yeah ... I think at that point, you're down to bartering ammo, bottled water, and target-practice-commies.

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Old 10-19-2018, 09:59 PM   #13
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Old 10-19-2018, 10:06 PM   #14
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Could you melt it down into a liquid state and then mix it with a bunch of dirt and rock? Then you could claim you found it while digging.
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Old 10-19-2018, 10:09 PM   #15
patteeu patteeu is offline
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Could you melt it down into a liquid state and then mix it with a bunch of dirt and rock? Then you could claim you found it while digging.
And then you could sell treasure maps to the place you found it in addition to the gold!
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