GOLD 0.51% $1,391.7 gold futures

great depression 2.0 coming soon, page-44

  1. 10,382 Posts.
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    Hi Slange, great comeback, your obviously a person who knows how the world works.
    By the way, its not just that gold is movable wealth, which is a good point in itself, but its a WEALTH PRESERVER.
    When the US$ and ALL other paper currencies go to 0, like they all historically have, if you turned your cash wages into gold, or at least part of your wage into physical gold, youll have something to show for it after the collapse.
    Sure during SHTF it will be hard to sell gold, im guessing as there will be anarchy and chaos everywhere, but eventually when the great NEW powers, china, india, Russia, who all love gold, put in a new world currency that's backed by gold in part, gold will be valued to the upside, much more than it is now.

    After this SHTF, they could re value gold to say Y500 NEW YUAN as an eg. which sounds like nothing, but in this POST SHTF environment, where most people have been wiped out financially, because they had their wealth in paper assets, Y500 might be a Doctors monthly wage, as an eg., get it?
    That's why gold is so valuable, when everything collapses, at the end of the day youll have something tangable and potentially very very valuable in the POST SHTF environment.
 
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