Quote:
Originally Posted by Phanuthier
I see things very similar to Slava. Buying gold/silver just in case hits the fan doesn't make sense to me. If the world falls apart and paper money becomes worthless, its not like you're going to take the gold and go trade it for food. In that sense, gold/silver/etc has never made sense to me.
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Gold/Silver are shiny metals that are worthless to anyone in a financial ruin of the world unless you melted down the metal into bullets. Gold only has value because people give it value, exactly the same as paper currency! Fiat doom and gloomers and gold nuts are better off buying a unibomber style shack in the wilderness and stocking up on guns and ammo.