Originally posted by TygartIf something bad was to happen in the world, what am I going to with gold and silver, I can't eat it, can't use it to drive the car.
While I think that there is a very good chance of economic chaos, even in countries torn apart by civil war and massive disasters, gold/silver are still used for purchasing. Even in a complete collapse, things will eventually settle out, and then the gold and silver will be usable again - unlike paper money.
Originally posted by thisguyrighthere
I'd rather be carrying around 10 pounds of ammo than 10 pounds of gold when this all comes down.
If I had crazy wealth to begin with and wanted to protect it for my relocation to another nation/currency I'd buy gold/silver whatever.
But I'm poor as # and dont have any assets or wealth to bother protecting.
$100 in ammo is worth more to me than $100 in coinage.
Anybody read/play Metro 2033? They had civilization and an economy post disaster. Nobody was concerned with gold or silver though. It was all about the brass and lead.
Outside of industry those metals dont have any practical use or value for the everyday guy trying to get by.
A Canadian mining company has made the shortlist to bid for Afghanistan's giant Hajigak iron ore deposit.
Toronto-based Kilo Goldmines Ltd. is one of the companies the Afghan Mines Ministry invited this week to bid on what it claims is Asia's largest unmined iron deposit.
Fifteen of the shortlisted companies are from India, two are from Iran, and the rest are from the United States, Turkey, China, Britain and Australia.
Originally posted by itaii
Im converting some of my saving into yen and silver.