G
Guest-5ty5s4
Guest
Gold doesn’t need to appreciate. The best reason to own gold is because it is worth more than nothing (more than some paper clips and belly button lint), is small and lightweight, and can be kept secret.
The fact you can buy $2000 worth of gold and hide it, carry it around discretely, makes it extremely valuable. Even if 1 oz fell -50% that’s still $1000 you can keep on your person secretly and transfer pretty much anonymously when SHTF.
Basically if we experience huge political collapse and become refugees from our own country, if we make it alive, at least we won’t start with nothing if we carry a little gold.
Silver would require a lot more weight and bags to carry.
Bullets would be valuable but again, more weight and bags.
Food and water? Yes, but you’re going to need truckloads for it to be worth much.
I know people say “nobody’s going to buy your gold,” but this would be an event where let’s say you leave a disaster zone and head somewhere that’s still first world. You could at least pawn the gold for something.
It’s a high value to volume/weight ratio.
And if you pay cash, nobody knows you have it.
If you were fleeing Germany during the Holocaust, wouldn’t it be nice to have a little gold (and maybe some jewelery) in your pockets so you aren’t destitute when you reach a safe country?
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