Comment on Is gold investing a scam?
Holytimes@sh.itjust.works 1 week agoThe amount of time it would take for a post collapse society to regain enough stability to return to metal being needed for a currency is likely longer then you would be alive to actually benefit from the investment.
Short term only direct barter and labor will be worth anything. You only need a currency when you have a non volatile society.
It’s why the whole post apocalyptic gold value nonsense is nonsense. You NEED an economy to make currency have value. A post collapse society has no economy.
MyMindIsLikeAnOcean@piefed.world 1 week ago
Yeap.
Like…depending on the nature of the collapse you might have a bunch of delusional former MAGA people in a region who all have a bunch of gold so they trade it with each other…but for the most part nobody would want it.