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A few thoughts on the state of things
9 April 2013, 13:43, (This post was last modified: 9 April 2013, 13:46 by Luci_ferson.)
#43
RE: A few thoughts on the state of things
even stones have been used in currency.
currency hasn't always been based on gold.

long before gold became currency, men traded .
they traded in goods.
some used markers of credit to barter with amongst eachother.
sometimes these would be recorded on a simple stick that was carved.

the problem with gold and silver and jewels etc. is they are only worth what the person with the real necessary good believes its worth.

in shtf situation. and people are starving, there is going to be many sheeple trying to trade their gold just to get food.
the market will be flooded with people trying to buy food but food will be scarce so the price of food will be high.
the value of gold will be low.

in the north east everyone is already selling all their gold just to survive daily life.
All ours went at the beginning of 2012. (except one)

im more likely to ask for your help to build a wall, in exchange for a bowl of whatever im eating. than to swap you any food for your gold, cos I know il be stuck with the gold as there is no food to buy.

an oz of gold will be worth about the same as a loaf of bread.

and that's if your lucky, cos id keep my bread.

your tin opener will probably have more tradeable value than your gold coin

and that's only of value until theres no more tins to be found anywhere
98% of it, is science, the rest is rainbows - Luci_ferson
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RE: A few thoughts on the state of things - by Luci_ferson - 9 April 2013, 13:43

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