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Old 07-18-2011, 10:43 AM  
wig
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Join Date: Feb 2002
Location: Panama
Posts: 708
Quote:
Originally Posted by The Demon View Post
Looks like somebody needs a lesson in historical economies that used Gold as their main currency.
But those days are gone and won't return. Sorry.

But to the point, I guess it depends on how one defines collapse. This is not going to happen in any sustained way, but if all fiat money and systems are rendered useless and chaos ensues, people will exchange goods that will be useful for survival.

Gold, silver, copper, diamonds are not going to be the top choices for people with something useful to trade for. Even when order returns, it money will not be precious metal based.

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