Quote:
Originally Posted by Phoenix
hmm...buying gold to make wealth is fine and all..but owning gold in case the end of the world comes?
if shit hits the fan that bad..you can count on 50% of the city folk to be dead within a couple months...farms will become armed camps. your gold will probably only buy you safe passage to a farm..where you will be killed and relieved of your gold...lol
rice will be more valuable then gold.
|
Yes. Those things have happened in many countries. But they recover. Germany had a complete currency collapse, ever seen the "wheelbarrow full of money being burned in the fireplace" pictures? About 50 years later they became, and still are, the richest country in Europe.
Owning gold will put you in a good position when things stabilize again. The US still has a large % of hard working, educated, honest folk. So the "fundamentals of the economy are sound". And if a revolution should cause a purging of the not so decent folk, then all the stronger it will be in the long term.