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/biz/ - Business & Finance


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12897690 No.12897690 [Reply] [Original]

If society was to crumble, gold and other metals, or direct properties like fuel or ammunition ect ?

>> No.12897709

I'll go a step further. If society collapses there won't be much of a market for anything and you'll have to see to your own needs.

>> No.12897718

>>12897690
Both are good (metal are a little useless after a certain point of societal breakdown..
Skills are the best thing.

>> No.12897727

>>12897709
I think there will always be trade, or troc

>> No.12897743

>>12897718
see >>12897727

>> No.12897766

>>12897690
In case shit really hits the fan, what you want to do is stack up on medicine. Shit like pain pills, dis-infectant, stuff like that. It'll become scarce really fast and you can trade it for anything.

>> No.12897776

>>12897766
what about toilet paper, lighter, soap and things like that ?

>> No.12897796

>>12897727
Then that would be a society.

>> No.12897805

>>12897690
Do you think that shit just becomes free in a collapse? Also, the collapse will probably be a simple gold revaluation to 50k/oz to purge all the debt from the system, followed by a deflationary collapse where of all asset prices.

Your 100k in the bank now buys you only 20k worth of shit.

But to answer your question..........and many people say stupid shit like if society collapses id rather have bullets than gold........is there some sort of law stating you will go to jail if you buy gold and then go buy a bunch of bullets? Guess what idiots? You can buy BOTH. You can buy food, you can buy bullets, you can buy land, AND YOU CAN ALSO BUY GOLD.

>> No.12897815

>>12897805
its hard to find gold at a reasonable price these days, in my country at least

>> No.12897817

>>12897718
How the fuck you going to get paid for your skills you dumb motherfucker?

You think society collapses and then people will just be bartering shit until the end of time? You go fix their toilet and you get a blowjob or strawberry jam in return?

>> No.12897820

>>12897727

It's not that there won't be trading. There will always be localized trading like some of your bread for your neighbor's milk, or squash for corn, or penicillin for ammunition. The problem is that you have the wrong mentality for the entire scenario if your first thought is "get rich by owning the correct stock in trade". Your local economy might not be conducive to survival through trade as a strategy. Even if it is nothing stops bandits from killing you and taking your shit if you go around flashing that you have it and MUST leave any secure location that you have to go around trading to survive.

In that kind of a scenario so much is in the air that you mostly just want to focus on your immediate survival and self defense.

>> No.12897830

>>12897805
>Why not have even more assets which don't generate any income!
>Why bother investing or even having any sort of long hedge against your doomsday fantasies?
>It seems completely impossible that the world won't come to an end in the perfect way for you to finally fix your shitty life
>So you'd better buy all of these different things that would help you in a specific fantasy scenario but which won't improve your life in any other way

>> No.12897838

>>12897815
You dont need much dude. 100-200 ounces of silver will be a fuck ton in a currency reset. 1 ounce of silver was the equivalent of 2 weeks worth of labor for most of human history. 1 silver ounce today is 15 fucking dollars.

Silver and gold in relation to other real assets are both hugely undervalued because of the con that fiat is. If you have 50 ounces of silver right now in venezuela right now you'd be eating like a king.

>> No.12897842

>>12897820
>Bandits
It's alright, we're among friends. You can call them niggers.

>> No.12897853

>>12897838
>eating
>venezuela

please

>> No.12897861

>>12897842
sandniggers in my case

>> No.12897880

>>12897830
>>Why not have even more assets which don't generate any income!

We are in a fiat paradigm right now. You earn dollars (worthless paper) through working, stocks, bonds etc. So yes you are generating income in the fiat world, which is what everyone has to do.

But one day the currency resets, or collapses....and your 500k in stock gains the last 8 years dont buy you shit now, because the currency is worthless.

Gold is not supposed to generate income you retarded fuck. Gold is what you put at least a portion of your fiat gains into so you aren't fucked when the currency crisis hits.

GOLD IS WEALTH AND SAVINGS.

There are probably countless venezuelans who had decent net worth in stock, bank accounts and shit 6-7 years ago who thought the same wy you do right now, and are now completely fucked eating their pets to survive, wishing that they had gotten even just 100 ounces of silver.

The stock market is at all time highs in venezuela, but who gives a fuck when the paper doesnt buy you jack shit to survive.

get it now dickfuck?

>> No.12897889

>>12897853
black market you fucking idiot.

>> No.12897905

>>12897889
Black markets are really sketchy, especialy in socialists countries

>> No.12897914

>>12897805
>
Nobody is going to trade anything useful for gold in a societal collapse. 50 kg of gold won't be worth a single bullet. Your shiny rock will be worthless.

>> No.12897923

>>12897880
>Just because I'm a loser now doesn't matter!
>There's going to be the Perfect Crisis, and I'll be perfectly poised to rise from the ashes!
>I'll finally be cool, because the world will end exactly as I've planned and nobody will be prepared but me!
Anon, I respect the need for escapism, but you might be better served with books and vidya rather than wasting your entire life savings on it. There won't be a "currency reset", and the value of your gold is purely speculative.

>> No.12897932
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12897932

>>12897690
"who run barter town?"

During times of chaos when currencies fail gold and other metals are best. But when society completely crumbles then the only thing of value will be things with actual use, fuel, tools, weapons, ammo, food, water, and skills.

>> No.12897940

>>12897914
Gold and silver have never not been worth anything and the world has been through countless financial calamities going back hundreds of years.

You've been brainwashed by the jew to think that its impossible to trade without the kike dollar. You are fucking stupid.

You would be like one of those idiots in the mark dice video where he offers people a candy bar or a 10 oz silver bar and you take the candy bar like all the dumbness did in his video.

>> No.12897958

>>12897923
Gold is not speculative you fucking idiot. Its REAL SAVINGS.

If you are valuing gold in terms of worthless dollars you are literally stupider than a black person. a gold ounce 900 years ago is still that same ounce of gold today, doesnt matter if the dollar exists or not.

What? You think gold and silver all of a sudden became valuable once america was born and the dollar was created?

Moreover...it was fucking gold that gave value to the dollar. So why in the fuck would you be valuing gold in terms of dollars? Use some logic.

>> No.12897976

>>12897932
How many people actually prep? 1% of the population? Ok so people stock up on those things. Maybe 1% of that 1% will have enough shit to last more than a year or 2.

So whats the plan? a handful of people relative to the population stock up for a year or two and then when they run out of fuel and bullets and food, the world just ends?

You need a basis of value for the new currency and it will be gold.

>> No.12897983

>>12897958
Tell me anon, where does gold derive its value from?
>Because everyone's always used it!
Speculation. You only use it because other people have. There is nothing intrinsic about it.

>> No.12897992

>>12897940
>financial calamity == societal collapse
Wow! So based and intelligentpilled.

Also, people only acted that way in Mark's videos because 1.) they were cherrypicked and 2.) nobody in their right mind would believe a random guy on the streets is giving away real gold.

>> No.12897993

>>12897958
>muh shiny rocks
Fucking idiot

>> No.12897995

>>12897983
Gold derives its value because it is inherently money and has all the properties that money has to be.

>> No.12897997

>>12897976
Almost everyone here preps for things which can actually happen, e.g. bushfires.
Only the absolute dregs of society prep for their favourite movie fantasy scenario, and it takes a special kind of retard to prep for the fantasy but not the reality. How many people do you know who own dozens of guns and years of food supplies, but don't know what to do in an actual natural disaster?

>> No.12898003

>>12897992
>>12897940
And btw, if you're claiming that those Mark Dice videos are real, then you're also claiming that people are more willing to take a candy bar than a chunk of gold.

You're literally arguing against yourself there.

>> No.12898004

>>12897995
So you're admitting that there's nothing inherent about it?
>Gold is money because money is gold!

>> No.12898035

>>12897880
you mean Crypto is wealth. stupid boomers

>> No.12898044

>>12897992
Here is the hershey chocolate bar or silver bar video

https://www.youtube.com/watch?v=bYhTFz_SGw0

He has about 8 people on camera choosing a chocolate bar over a 10 ounce bar of silver. You say that they were cherrypicked? Sure Im not doubting that there were people who actually chose the silver that they didnt put on camera, bt why the fuck would they put the ones who chose the silver on camera you fucking retard?

If he interviewed say 50 people and 8 chose the chocolate bar...sure 42 people chose the silver, but 8 actual living human breathing human beings with a brain actually chose the chocolate over the silver.

Also, you are a fucking retard if you cant tell that they dont even know what the fuck a silver bar is or what they can do with it. Those people in the video are obviously fucking retards. Someone is offering you a 10 ounce bar of silver and a chocolate bar and you dont take the silver because you think he isn't for real with his offer? You are fucking stupid.

>> No.12898056
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12898056

Realistically in the event ofsome kind of disaster, EMP strike, financial collapse, etc. there will be 3-12 months of complete CHAOS. This means the only things that will keep you alive are

>shelter
>guns and ammo
>food water and medicine
>secondary things like fuel, generators, coffee/cigarettes/alcohol, flashlights, batteries, rope, axes, matches, lighters

The hardest part is having enough food and water. Even harder is keeping that stuff while roaming gangs go around looting everything. So you need lots of guns and lots of ammo, and more importantly a team of people to assist with this
Also youre fucked if you dont have medicine. Painkillers, antibiotics, alcohol, bandaids, gauze, vitamins. Diabetes medicine and other things that you need to not die from disease

After this 3-12 month period of CHAOS, the remaining remnants of society will attempt to rebuild. This is when gold and silver comes into play. As communities begin to rise up from the ashes and people begin farming/growing livestock/building and repairing, you can exchange your gold/silver (and also bullets/cigarettes) for services, food, tools, medicine, etc that you dont have.

So thats basically it. Remember the Chaos period, but it will not be permanently like that. At some point the dust will settle, and people will need a medium of exchange to trade goods and services with

>> No.12898062

>>12898003
What?

>> No.12898072

>>12898056
This is true, BUT, it might not be a mad max scenario.....it can be as simple as 8th grade math and revaluing gold much higher to purge the debt from the system and the dollars you have in the bank are debased anywhere from 50-90%

>> No.12898084

>>12897842
theres tons of crazy white people who would jump at the opportunity to shoot anything in sight and steal all their shit. Im more scared of whites than blacks, because whites are better at stealth wheras blacks will just go guns blazing and be loud and shit, where they can easily be picked off

>> No.12898100

>>12898084
blacks are gonna be scary at first, but the whites are gonna be around longuer

>> No.12898108

>>12897997
Dude prepping is really just savings. I have about 18 months worth of Auguson farms long term food storage. I have a few guns, I have a lot of other basic preps type shit. In what world do you live in where having some shit saved up for a rainy day is a negative thing??

I also have gold. Gold is civilized, because gold is savings. Debt is barbaric and everyone is in debt.

>> No.12898115

>>12897923
>There won't be a "currency reset", and the value of your gold is purely speculative.

Yes there will be. If you understand math, and also understand how fractional reserve banking works, you would know that the system is designed to fail. And that every single FIAT currency which has ever existed has died. You're the brainlet that thinks THIS TIME ITS DIFFERENT because you have normalcy bias

>> No.12898125

>>12898108
>It's savings
>My "savings" are perishable food
Uhhh anon...

>> No.12898126
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12898126

>>12897690
>implying silver will ever crumble

>> No.12898127
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12898127

>>12897914
People in the bosnian war literally sold their gold for bullets and vice versa. Get fucked brainlet

>> No.12898135

>>12898100
whites are better at sneaking in the bushes and sniping you from 500M away. setting traps/ambushes and shiet

>> No.12898140

>>12898115
>Every single fiat currency has died
What about, idk, the Dollar? The Euro? The Yuan? Literally any of them that aren't a cherry picked example from an African shithole or a century ago?

>But they will fail already! I was just joking when I said they've already failed!

>> No.12898151
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12898151

>>12898135
wrong race anon

>> No.12898154

>>12898140
>Dollar? The Euro? The Yuan?

You're the one that cherrypicked those three, and how long has the USD been around in its current non-gold backed state? Oh yeah only 40 years. Get fucked.

>> No.12898162

>>12898154
Name a single country on the planet which doesn't use a fiat currency.
>You cherry picked the entire planet

>> No.12898187

>>12897838
There isn't a silver market in my country, so I can't really buy silver bullions or coins, and even gold sells higher than the spot price, I think spot is 37 euro a gram for 24 carat gold, but where I live they sell it for 40 euros a gram for the 18 carat.
fucking shithole

>> No.12898194

>>12898151
Wrong.

He doesn't have BBC in his mouth. Asain "men" love BBC. Look at Chinas involvement in Africa, it's not just for reseouces.

>> No.12898203

>>12897766
this

>> No.12898212

the best form of wealth is arable land with mature crops grown under natural farming principles (as taught by Fukuoka) for >5 years, in a secluded location with tight knit community and weapons

>> No.12898219
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12898219

>>12898194

>> No.12898226

>>12898044
People choose the least risky option when they believe something is a scam. If you think someone would give $140 worth of silver away with no strings attached, then you're the retard.

Also, lol at >>12898062 since you fail to understand what I'm saying. Let's look at your following statements:
>Gold and silver have never not been worth anything
>human beings with a brain actually chose the chocolate over the silver
They're in direct contradiction. Gold/silver can't simultaneously be worth something and be worth less than a chocolate bar to random people on the street. That's doublethink.

>> No.12898241

>>12898115
>this faggot thinks a system by apathetic citizenry ever collapse

LOL

>> No.12898340

>>12898226
1. Your telling me that you can't tell these people being interviewed have no fucking idea what silver is or does or is used for? They are completely clueless. They think silver is a fucking color that's how obviously stupid they are.

They are literally choosing the silver because they think the silver is worthless. They aren't thinking oh this silver might be fake! I better choose the chocolate. they literally don't fucking understand the point of this silver bar or what you can do for it much less sell it for dollars.

2. And even if they knew what silver was worth you'd have to be a fucking idiot to give up silver for a stupid piece of chocolate even if there is a 90% chance the silver is in fact fake.

You are literally dumber than a fucking nigger

>> No.12898357

>>12898241
The Soviet collapsed and it was filled with apathetic peasants.

>> No.12898360

>>12898226
>Gold and silver have never not been worth anything
>human beings with a brain actually chose the chocolate over the silver
They're in direct contradiction. Gold/silver can't simultaneously be worth something and be worth less than a chocolate bar to random people on the street. That's doublethink.

Throughout history going back millennia silver and gold have always had value. They had value today despite being off a gold standard and being demonitized.

Just because a bunch of fucking retards educated in the worthless public school system don't known it's value doesn't mean it doesn't have value you fucking moron.

>> No.12898380

>>12898203
What are you going to do? Put your entire net worth of say 200k into medicine?

>> No.12898397

>>12897690
Breakdown by level of shit, we'll define broadly:
Level 1 shit: Mild everyday annoyances; PC bullshit and whining college students.
Level 2 shit: Alexandra Ocasio-Cortes elected.
Level 3-5 shit: Various legal fuckups that cause significant concern about whether more seriously bad shit is on its way. At the same time, Cat 5 hurricane hits; unprepared people are lining up for free shit, and CA has just passes a law that if you agree to get trans "bottom" surgery the State will pay you a lifetime benefit for being an "example of bravery."
Level 6 shit: Norks detonate an EMP over an area between Chicago and DC; 1/3 of the US is immediately without power or electronics for the foreseeable future; restoration takes years; only enough backup transformers in existence for 4% of the grid at any given time.
Level 7-8 shit: The Feds announce that "semiautomatic assault weapons," defined to basically include every modern firearm, are illega; all branches of military are to begin confiscation. Shit ensues, whether military/LEO revolt or lots of dead "first responders." Either presents extreme disruption.
Level 9: The Feds continue with any version of Levels 6-8, or the Norks fire a second EMP halfway between Chicago and LA. The US is tribal and stone-age nearly immediately.
Level 10: Iran/North Korea have teamed up to send their missiles with nuclear payloads our way because we weren't paying the fuck attention and are weak from trying to create a perfect society for transgendered atheist feminist "progressives" to achieve their full potential. Roughly 5% of Americans will survive the first winter. Alternatively, the Yellowstone Supervolcano goes off and blankets America's entire breadbasket in 3-6 feet of hot ash; roughly 70% die in the first month as the remainder slowly starve.
Levels 3-5 you'll be okay with trade items and maybe precious metals Finding people with stores of commodities becomes high priority. Levels 6-10 require nonperishable food and guns.

>> No.12898643
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12898643

>fallout fantasy
its this reason we cant have gold threads on any of the boards, you mongoloids come and ruin it

>> No.12898780

>>12898643
I humbly and fully accept your admonishment. Sorry about that.

But... in my defense, nigga did ask about a literal doomsday situation, and the answer must account for just how fucking doomsday he means, right?

>> No.12898835

>>12898044
I don't think they were cherrypicked, and I don't think they were "seriously" concerned about a scam either - they just had no fucking clue what silver was worth in the least.
The experiment was kind of brilliant in that it really just brought out that ignorance. And no, they weren't "obvious" fucking retards, except for displaying that they were through this experiment. That's the whole point - they were quite literally representative of damn near everyone you deal with every damn day. They could easily have told you shit about the Kardashians or other irrelevant social media bullshit; they could probably identify the logo for every one of the first 200 retail/food companies you could think of, they just can't be bothered to ever have thought about whether a silver coin might be worth ten cents, ten dollars, or a hundred dollars. As far as the "scam" factor goes, he did another video trying to literally GIVE away a gold coin if the person would even GUESS its value. Half the people who stopped to talk wouldn't even guess even when he said "it's free to guess... just guess..." What more could you want?

>> No.12899313

>>12897709
So you're saying I should long solar panels and carrot seeds?

>> No.12899346

>>12897690
steel wire, nails, basic tools and firemaking devices

>> No.12899356

>>12897817
i'll take the jam, please

>> No.12899362

>>12897805
>YOU CAN ALSO BUY GOLD
if you have gold and i have chickens i'm not trading eggs for gold, but i would trade for flour

>> No.12899736

>>12897805
>deflationary debt purge
Lmao

>> No.12899763

>>12898643
Has happened 1000s of times in history

Will happen 1000s more times

>> No.12899779

>>12899763
[citation needed]

>> No.12899835

>>12897914
ammo hoarder here. i sure as fuck would trade a single bullet for 50kg of gold in a TEOTWAWKI scenario. hell i'd even trade a full cartridge with casing primer and bullet!!

>> No.12899960

>>12897914
Here’s the ultimate red pill of money in societal collapse. Money works just like money did before, just like it did since the beginning of humanity. Did you know there is evidence of money (clay tokens) that predates writing? Writing is likely an evolution out of money, since the first evidence of writing were ledgers. Money is possibly the first building block of civilization. In the absence of civilization, people will always band together and trade. They will always do this, even if the world is ending. And they will never choose to barter over using some form of money that represents value. Meaning the intrinsic value of something (food, guns, medicine) make those things absolutely unsuitable as money. Given the collective history the entire world has with gold, it is unlikely that gold will ever stop serving the purpose of representing value. The only thing that would tarnish gold as money is people tarnishing trust in gold (ironically what civilized modern people are doing by creating paper gold). In the absence of civilization, gold is actually more trustworthy as money than pretty much anything else that could possibly compete for that status.

>> No.12900012

>>12899835
Why wouldn’t you just shoot the guy andtake his 50kgs of gold?

>> No.12900040

>>12900012
because he might be a repeat customer and i'm also not a murdering shitbag

>> No.12900051

Nice LARP thread

>> No.12900091
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12900091

>>12897914
there would be groups of people because humans are social creatures and eventually these groups would get so big that they would need some kind of currency to exchange value within their circle. there would be multiple circles, trading is easier than risking your life constantly by raids and then something like gold would be useful.

>> No.12900134

>>12897690
>holding gold in the apocalypse
>someone hiding in a pile of garbage shoots you cause you have no friends and are unarmed
>steals your one can of beans
>leaves the gold

>> No.12900159

>>12897690
Either Fuel and Ammo
or Gold and Silver

>> No.12900196

Gold and silver cucks unironically think anyone will give a fuck about their hunks of metal during the apocalypse. Instead, start stocking up on alcohol, cigarettes, medicine supplies, toiletries, salt, fresh water, weapons, ammo, rope/chord/tethers, gasoline, batteries, etc etc

>> No.12900212

>>12900196
It's never once evet about during you stupid faggot, you really think even if some apocalypse event, society would permanently break down? No. 1 generation, max.

>> No.12900434

>>12897997
>How many people do you know who own dozens of guns and years of food supplies, but don't know what to do in an actual natural disaster?
Lol lots. Mostly young people (or at least those who never matured mentally) You'd be amazed at the extent most people are divorced from reality.

>> No.12900445

>>12897690
why do people keep thinking society will "crumble?" what the fuck does that even mean? People will stop talking to each other? people will stop forming governments or working together? There no such thing as living outside of society unless you're a hermit. What is doing the crumbling? How severe are you expecting it to be? How realistic is that?

>> No.12900553

>>12898357
>American apathetic sorrow
https://www.youtube.com/watch?v=4LMaqRmBo1s
The cash machine is blue and green
For a hundred in twenties and a small service fee
I could spend three dollars and sixty-three cents
On diet coca-cola and unlit cigarettes
>Soviet apathetic sorrow
https://www.youtube.com/watch?v=Ph2KMKr5YSw
I keep repeating - for ten times and over and over again:
Nobody knows how fucking bad I feel now
And the TV is hanging from the ceiling
And no one knows how fucking bad I feel now
And I'm so goddamn sick and tired of it all
That it makes me wanna start
This poem again, it's so sad that I
[Repeat again] how fucking bad I feel now

>> No.12900628
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12900628

>>12900445
Throughout history it happens on a local scale a lot and even then its not for the most part "The Road" tier bullshit. The only analogue I can think of that compares to these SHTF fantasies is the bronze age collapse. In which in fact the entirety of a intercontinental trade system shat itself and civilization did indeed collapse fucking everywhere, resulting in centuries of technological regression and mass depopulation.

>> No.12900817

>>12897690
It depends on what you mean by "society crumbling".

If that means something like the Great Depression, then gold is better.

If that means something like Mad Max, then fuel and ammo is better.

>> No.12900900

>>12900434
Dont really need to stock pile food, that's what the neighbors are for

>> No.12901017

>>12897690
Guns, ammunition, fuel, antibiotics, and alcohol will all be valuable after the collapse. No one will need gold or silver when there's no food on the shelves.

>> No.12901078

>>12900212
>children of a generation of morons won't be morons

>> No.12901121

>>12897690
Ammunition meme is literally the dumbest shit ever that /biz/ has spawned.

>> No.12901228

>>12898044

Chocolate is unironically a high value item during a food crisis

>> No.12901244

>>12898140

Yeah, ignore the 600 fiat currencies that failed, like the ones in greece, zimbabwe, south africa, venezuela, argentina and very soon the Euro too.

>> No.12901277

>>12898226

>free
>risky

>> No.12901292
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12901292

Stock on honey, it never goes bad

>> No.12901303

>>12900012

Why doesn't everyone just kill everyone now and take their stuff?

>> No.12901351

>>12898004
>gold is valuable cos of its inherent money properties
>hurrdurr you admit not inherent
Jeez you are a special kind of retard.

>> No.12901364

>>12897983
How about the fact that Gold is the only metal that does not loose weight when it is heated+melted. It holds and retains its "value" even through metallurgy.

>> No.12901384

>>12900445
There needs to be a food shortage. 2 years of bad harvest sparked the french revolution in a world where 10% of the people were in cities. Now more than half do. There is a reason all governments prioritise food security. I for one hope they keep the spice flowing.