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330

BUY PHYSICAL GOLD.

Seriously, I know it's not a great investment, in terms of annual return, but when they pull what's coming next all of your digital records will be gone, which means your checking & savings account will be gone.

Look up "digital covid Klaus Schwab", or watch the video from The Ice Age Farmer from a couple months back. You will come to the same conclusion.

The point is that the only assets us plebs will continue to own are the ones we can hold in our hands.

Physical gold is your hedge against this nightmare; something you can bring with you to the other side.

Disclaimer: this is not investment advice.

BUY PHYSICAL GOLD. Seriously, I know it's not a great investment, in terms of annual return, but when they pull what's coming next all of your digital records will be gone, which means your checking & savings account will be gone. Look up "digital covid Klaus Schwab", or watch the video from The Ice Age Farmer from a couple months back. You will come to the same conclusion. The point is that the only assets us plebs will continue to own are the ones we can hold in our hands. Physical gold is your hedge against this nightmare; something you can bring with you to the other side. Disclaimer: this is not investment advice.

(post is archived)

[–] 1 pt

Why the push for gold over silver? Say the world goes to hell and you need to trade something for food. Would you rather trade 1 of silver that you bought for $30 or 1 oz of gold that you bought for $1,600?

[–] 1 pt

Ideally you want to buy both.

What I'm going to do is do approx 2/3 gold and 1/3 silver so I do have the ability to trade but most of my wealth is in a manageable package.

I rather carry 10 coins vs 1000 coins.

[–] [deleted] 0 pt (edited )

Seems this wont be a problem for a guy with only 10-50oz of silver. Sounds like your collection is over the poverty line, not everyone has this problem.

The amount some spend on physical orders is often limited, mine is. Got a gram of gold, 50 bux a while back. Lots more silver, just more accessible without breaking a payday.

If we end up bartering with metals, I suspect I wont want many rando npcs from that new world, knowing I have more than a few small bits around. ie: same reason I dont pay with $100 bills at the liquor store (if I drank).

Bury 1000 coins, carry 3.