You are viewing a single comment's thread from:
RE: Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years - and Emphasizes Gold
If everything collapses do you really thinking people are going to run around with gold and silver bars if 99.9% of the people do not own any?
Sometimes I can't even comprehend how people come to believe their tinfoil end of the world scenarios when their own evidence falsify their own prediction...
that's like potato I.Q level things to compehend
People will be desperate to be able to exchange goods. Gold and silver and Bitcoin may be what people will turn to. @gamgam
There actually is a thriving market for average joe bullion. There are two shops in my large town/county hub.
It is tied in with coin collecting. Private mints produce coinage to sell at exorbitant prices, simply because it's a brilliant Zombie coin. I suppose that if you've been buying precious metals for some time, and it is sensibly affordable, sure a zombie strike would be boss! Ha, ha, ha, forgive me. Sensible options include the 1oz .9999 fine silver, US mint produced Walking Liberty, often priced only slightly above spot.
So there just might be a LOT of people and merchants ready to accept precious metals for services and trade.