What do I invest in, the Yen?

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[–]Alphix 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (14 children)

Silver and gold. Silver and gold mining companies.

Bitcoin if you believe in it.

[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (10 children)

Yes, I meant PHYSICAL silver and gold.

One oz of silver is currently about $ 22 and is extremely undervalued. Even if nothing happens, and something will, you're buying something at a quarter of its fair market value. When SHTF, it should be easily twice that, so think in terms of making 8 times your money over the next half a year to half a decade TOPS. You don't get much better than that.

[–]spaghetti 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (9 children)

If/when society breaks down, gold and silver and diamonds will become value-less.

You can't eat gold.

[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (8 children)

Keep repeating it, dude. It seems it's doing you a lot of good. What does it feel like to you?

But whatever, you do you.

I'll explain ONE LAST TIME how the collapse happens: First either the banks fail and all close down at the same time, or the electrical grid goes down PERMANENTLY.

The next day, businesses still open, and operate on a CASH-ONLY basis because, well, no ATMs, no Interac, no banking. This goes on for days to weeks, but cash becomes more and more rare. People start trading silver and gold for goods. You know, shop owners are people too, workers need money too, etc.

This can go on for a good long while. People aren't going to immediately go barter-only. This is as asinine a view as I have ever seen.

DO YOU GET IT YET? People are used to using MONEY and they will keep that going as long as they can. SILVER and GOLD have been money since the dawn of man. How will it stop right away? IT WILL NOT.

Or do you get it and you are a disinformation agent?

[–]spaghetti 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (6 children)

Stop with all the hardcore mind f*** games.

Gold and silver is a currency for many people, but not very many people have an abundance of gold coins laying around, and so if gold and silver is going to be the currency after a breakdown then let's just say that 9 out of 10 people won't have any currency okay so along with your little system where people are going to use gold and silver because the ATMs are closed down because the banks are closed down the one thing you're going to have present in the situation is chaos because when people don't have food to eat people are going to engage in chaos so..

If a collapse takes place and I have food if I have supplies to eat if I have water to drink I won't trade you a cup of water for a pound of gold.

[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (4 children)

OK but a cow farmer will trade me a quarter cow, butchered and chopped into perfect meat for half an ounce... Because otherwise what? He'll let it rot instead of taking the metals?

[–]spaghetti 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

No the rancher will not let his meat and crops spoil, because in the time of collapse there will be a much greater demand than there is a supply.

If you were stranded in the middle of the Sahara desert and you had an ounce of gold, could you trade that gold to someone for water? If someone has water in the Sahara desert then the water is the gold and the gold is worthless like sand.

[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

Sorry but the Sahara is too far from here, it's not FUCKING RELEVANT.

I'm blocking you because of your obstinately asinine views.

[–]legly 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

fax bro are in in the sahara? nah nigga fuck issue talmbout

[–]legly 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

idioy

[–]legly 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

wow nigga your a genius

[–]spaghetti 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (2 children)

If the electric grid goes down, Bitcoin evaporates.

[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

This is true. And it WILL go down, it's just a matter of when.

[–]spaghetti 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I'm not suggesting that Bitcoin will drop in value I'm suggesting that if the electrical system fails for any length of time people are going to realize that Bitcoin disappears it evaporates it turns into air when the electricity dies.

Also when the electrical system fails the stock market fails it will crash