Why do boomers horde gold for shtf? If the economy has collapsed and no one is accepting paper money...

Why do boomers horde gold for shtf? If the economy has collapsed and no one is accepting paper money, then why would they accept shiny rocks?

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>giv gold for inflated price
>economy recovers

Someone tell Venezuela.

Can’t eat it.

Am I doing this right?

You can use gold to barter for large goods. Silver is better though for the day to day. 1 oz of silver can get you 14 loafs of bread for example and can give you access to more of what you would need on the daily. If your boiler breaks and need it fixed you could do that with gold but it's likely that the plumbers would prefer silver so they could use it on the daily.

Don't forget to mention asteroid mining.

>t. idiot

How many fucking times can you make this retarded thread?

Go out and get laid or something. Jesus.

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Nobody will ever want stupid fucking rocks, they'd sooner take worthless cash because other humans value it still on some level. Nobody will do your plumbing for a goddamn rock when they're trying to survive, bartering will rule and bartering is not done with shiny doodads

European banks accept gold for debt collateral, payoff, and transactions since Basel III. The seedier debt slaves knowing full well they could not pay their debts would sell assets for shiny rock, hide shiny rock and not include it in assets to be seized. Shiny rock then becomes more valuable compared to fiat toilet paper.

First you get firearms, ammo, food storage, water storage, then precious metals. If SHTF, only people with firearms will have access to trade, everyone else will just be robbed.

The shiny rocks aren’t for when the shtf. You’re supposed to hide them until after, when civilization restarts. Then, you have your horde of rocks and you can live in luxury.

>I cant tell you why the shiny rocks are important they just are ok??

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What would these moronic gold hoarders do if the government ordered everyone to turn in their gold or else?

Chances are all your precious rocks will be stolen long before that happens

A smarter hoarder tells no one and keeps it elsewhere in storage as something less valuable like Thulium on paper.

Have mommy put some cough syrup in your Mountain Dew. You're cranky tonight. Get some sleep, little fella.

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That’s why you sew them into the crotch of your bug out pants

You still can't give an answer so you have to resort to insults to compensate.

Gold is a store of value. Post shtf society will come roaring back to life and gold/precious metals will buy you in at or exponentially better than your current financial state...assuming all of your wealth is put into gold prior to shtf.

Bullion is to preserve wealth from one economy to another economy.

Nigger, if your buying weed at 200 an ounce you are getting ripped off

What gives gold value?

t.jewish education system.

Of course they don't want you to value gold, meanwhile they are hoarding it for no apparent reason other than it looks pretty. Sure, goy.

But why gold? I get why gold had value for much of human civilization, but we know now that there are other precious metals with more practical applications than gold. Why would we just go back to gold knowing that most of its value is purely cosmetic?

Scarcity and pussy.

Gold will always have value and its not some fake bs like bitcoin

Hoarding gold to jew the new system that will replace the old one, repeating the cycle, sad!

Where's that fag who's going to tell me not to post my stacks because the glowies will come and get me?

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Transactions make anything "valuable". Gold has some features that made it useful. It lasts much longer than other materials, it is in "limited supply" until space mines open up, and we still use it for processed tools and weapons. These reasons are why it is still used for barter in other countries and why many seek its return. Its not perfect in my opinion. I just use it like a temporary ladder when dumbos debts start going out of control(personal and govt).

>what is searching a dead body for anything useful

It's been a trusted means of exchange for thousands of years. All FIAT currencies have failed over time. You can always find a buyer for gold.
Sure there are plenty of valid points that gold serves no purpose DURING a shtf situation, but afterwards, when business commences and currencies are fucked, gold will be the main money used between governments and big business.

>literally no concept of history whatsoever
i'd be ashamed of i wasn't acutely aware of how atrociously jewed the education system is in this country

listen if economy truly collapses right now you be better off knowing survival skills and how to aim with a gun.

Because it's Ausome. It's not for us to decide why gold, just have some in case the dollar collapses.

Gorgeous, I think i'll pull mine out to play with too now.

The only thing worse than not being able to turn lead into gold is not being able to turn gold into lead.

Why have the rich remained the rich since forever? They pay lead heads paper to protect their gold.

i dont get it either and im a prepper i guess, i do spend a lot of time on it

here are my 'investments'
1) health
4 physical tests a year that i gotta pass (very similar to what the army has around the world, not talking about obese "armies" where 90% never saw combat) so it is not too intense, a minimum of 3 workouts a week and quality diet does the trick
literally nothing will work for you if you are weak, pathetic, obese or otherwise health compromised.. i would likely enjoy looting your gold lmao if thats all you did and have poor health

2) technical background (formal education, work experience, doesnt matter) and equipment (minimum basic machining tools)
this is absolutely essential, see why below
you will die without it, you simply can not compete

3) actual guns
"gun" in military context is towed, self propelled and crew served, i am talking about actual guns, small arms retards and their civilianized non auto pidgeon calibers are all considered unarmed
while i still lack guns, light man portable outdated 30mm mortars and 12.7mm machineguns are obtainable (in minecraft ofcourse, irl would be illegal id never own such things :DDD) easily enough, and same goes for a 30mm smooth bore direct fire fieldgun or cannon with panoramic sights for hardened/light armored/tracked vehicles
anti air guns are especially interesting for soft targets and urban areas, cluster munitions designed to fill cubic meters of air full of lead in seconds really seem ideal for all purposes

4) armored vehicle components
while owning one is illegal, bulldozer multifuel/petrodiesel engine isnt for example, carrying out urban raids even against civilians
i think i will hit the post limit before writting it all out but basically i dont even get to precious metals, while the list is full of industrial application materials, medical stuff, squad/crew personalities ive seek out and hang out with just in case of this, etc