Is this real money or just a meme metal?
According to your Prime Minister it's not important.
You'll be fine.
Not money, but it's a store of value.
>>81427611
This and bitcoin are the only money that is real money
>end the Fed
>>81427611
(((Feingold)))
>>81427611
>bought 20 ounces of silver for $15 an ounce
>silver is now over $20 an ounce
You be the judge.
My stocks are doing way better though, but I'm not trying to get rich off silver. Also, come to /biz/ faggot.
>>81427611
>>81427611
it can be used for currency.
besides real money could be anything people agree on and place value in, economics is about trust.
buy ALL the gold. if you don't have any gold when fhit hits the shan you're fucked.
During the Argentian crisis Gold was used for larger purchases and silver for more daily purchases..
So yes I would absolutely classify this as viable currency in an emergency..
>>81427611
There's no such thing as "real" money it is literally literally all a meme.
>>81427696
fuck that fag I've been buying the meme metals since '06
>>81427611
it meets all the requirements to be used as a money.
>>81427847
That's some fine gold alright
>>81427874
>>81427919
Isn't ammunition or cases of water the true endgame currency?
>>81427849
wow, $100 profit. you should retire.
>>81428027
once again it depends, if its minted in to coins maybe, as a solid bar, its not liquidable
>>81427611
the concept of money derives from ancient Babylonian cult of metals
Money is a meme, you have to believe in it
>>81428107
no, that's a meme.
>>81427849
Also, I just want to say, which I can't state enough, /pol/ will shill you on gold and silver all day.
Don't believe them. No one who takes investing seriously doubles down on metals when you understand stocks. Just look from 2008 to now. You'd have to be a monkey not to make money.
>>81427874
Get a load of this goy.
Load up on pain medications. When shit its the fan three vicodin or soma will probably get you a few days of food. Or a lady for the night.
You can't eat gold or silver. Medication, bullets, and skills will save your ass and make you valuable.
>>81428107
And bic lighters and medicine. In other words, useful goods that can be bartered, not currency.
>>81428144
$100 more than you have shitposting here. Let's see babby's first Robinhood portfolio fucking poorfag lel.
It is true what they say, success breeds jealousy.
>>81427611
It's one of the safest investments you can make. You should always have a certain percentage of you money in gold/silver.
>gold and other precious metals are memes
>precious metals mean wealth
>4chan produces memes
I think we might be on to something lads!
>>81428107
that's a meme bro, when civilization collapses there will be no one to tend to the hundreds of nuclear power stations causing nuclear meltdowns everywhere. It's unlikely they will be shut down safely as it is very costly.
>>81427611
posted by a 14-18 year old faggot
>>81427611
>meme metal
money is a meme
>>81428213
I don't gamble on stocks. I invest in property. I make 92k from my job, and even more from my rentals, and my taxable income is around 30k.
>>81428151
>once again it depends
it doesn't depend.
A money must be:
1) A medium of exchange
2) A unit of account
3) A store of value
Gold and silver fulfill or potentially fulfill these functions. In fact, they both serve as a better store of value than modern currency.
A solid bar of gold is extremely liquid. You could exchange a bar of gold worldwide for its market price in currency with little to no delay.
>>81428407
memes are money
>>81428417
We all believe you
>>81428213
OP's question wasn't whether gold or silver are currently good investments. The question was whether or not they are money.
>>81427611
It's more real than the Canadian Peso or any other fiat currency
Gold for most of recorded human civilization has been worth something
Money is useless without someone saying "it's worth something"
in say an apocalypse situation the man with the gold bar can probably trade it for something the man with pre apocalypse money can't even write on them or wipe his ass with them
>>81427611
metal is metal
metal is not money but money can be metal but only if everyone agrees which is why the gold standard is retarded
>>81428264
but you can eat dollars, right?
>>81428621
Ok Nixon
>>81428523
I don't care whether you believe me. I'm paying ~4k/yr in taxes, while earning over 100k. That's a pretty good tax rate, in my opinion.
>>81428621
>metal isn't money
>paper is
>>81427611
There's no such thing as "real" money, money is whatever people believe it to be. It's certainly a great store of value.
>>81428724
I pay 5k and I make just under 50k. FML
>>81428724
I said we believe you, why are you getting so defensive?
>>81428308
>It is true what they say, success breeds jealousy.
Jealous of $100? Come on, that's 1 video game and a couple trips to the olive garden.
no this is meme metal
https://www.youtube.com/watch?v=R2Y2PA-OUJ4
https://www.youtube.com/watch?v=XdpLrXXiCEo
>>81427847
(((GOLDSMITH)))
>>81428918
kek your paper is so fucking worthless
>>81427611
Brit here. If my currency was not so fucking worthless I would buy gold. Gold price does not change, what fluctuates are the currencies we are paid in.
>>81427849
I dare you to try to sell your metal for spot price. most places will probably quote you at less than your initial buy in.
Money itself is a meme. Co-op, barter, live free.
>>81430982
you can sell it really easily for at least spot on ebay, craigslist, or any used marketplace.
God is useless. You literally cannot buy anything with it. You need to convert it back into cash which is just a waste of time.
gold **
>>81430776
Just because each individual dollar's value deflates, doesn't mean the currency itself is any less useful. People say otherwise are meming to try and shill precious metal.
>Hey goyum, you give me those worthless dollars and I'll give you my shiny metal!
>See, don't you feel safer already? Oy vey, I'm so crazy for trading away my own safety!
>You're so smart goyum, always thinking one step ahead!
>>81427611
The memest of metal
>>81427611
Money itself is just a meme, gold has actual uses.
>>81427611
It's a meme, you should buy lots of Sterling.
>>81436271
>Sterling
Well it's cheap now.
>>81427611
You should invest in diamonds, the hardest metal known to man
>>81428308
>$100 more
Nigger when your portfolio increases by 4 figures because the stock market had a good day then you can talk. Until then, fuck off. You're small potatoes.
>>81436620
>Carbon
>Metal
You may choose only one.
It's just a meme mate, I'd trade some of my rare pepes for these shitty common memes though
>>81435932
No it doesn't
>>81436620
I've heard that in recent experiments scientists at MIT have proven that dragonforce is in fact a significantly harder metal than diamonds.
>>81427696
>>81427611
>>81436805
Well very unsignificant amount of gold is used in Electronics. You would not be shitposting here if it would not have been for gold.
>>81427780
bitcoin isn't real money, the drugs it buys are real money
money isn't real, only goods are real
>>81428692
if you are in a scenario where a dollar can't be used, why would you think you could use gold instead?
>give me those beans heres $5
>het dollars are worthless
>ok how about this 1/64th of an ounce gold chip I bought from a latenight infomercial it's worth $50 give me those beans
>no
>but it's gold!
>and these are beans, which I am eating. fuck off... how much gold did you say you have
>a shi... not much heh heh
and then the knife comes out and he kills you for your gold before finishing his beans
>>81427761
>Gold
>Not money
It's paper "money" which is not money anon. Gold was always and is currently money. Empires fall, paper currency regimes crumble into the dust. Gold remains, the real money.
>>81436933
Which means it's significant.
>>81436753
welcome, newfriend
>>81427611
A meme everyone on earth believes in is not a meme anymore
>>81437054
Gold is literally jew meme made thousands and thousands of years ago.
>mfw retards buy into this meme
>>81437137
Yes but when nukes go off, then trust me only thing you would be thinking about is how you going to get food and water.
>>81436998
>Gold isn't worth shit
>People want your gold so bad they kill you for it
Ladies and gentlegoys the mind of an imbecile.
>>81427780
>bitcoin
>real
get a load of this faggot
>>81430625
this is band is very creative ! not musically
>>81436805
Sure thing, Schlomo, Gold is absolutely useless ;)
>>81436933
Not only that but people actually scrap motherboards just to extract certain metals from them including gold. even though it is the least valuable used.
>>81437194
Trust in gold or trust in Government promises goy.
>I'm posting against gold from Estonigger!!
>The land where paper money collapses every generation at least!!
For you I'll post a picture representing the value of paper money in your neck of the woods.
>>81437281
So they would have better life when jews take control again :)))).
Wouldnt you kill someone weak who hasn't been eaten for a while and you see something potentially valuable?
>>81437425
Still doing better than americucks :)))
>>81432539
Well I would think God is useless
>>81437251
>Yes but when nukes go off, then trust me only thing you would be thinking about is how you going to get food and water.
Exactly you enormous retard. And without gold you won't be getting any food. (Note this is not 'my opinon") this is observed history, through all history.
https://www.youtube.com/watch?v=7ubJp6rmUYM
>>81427874
I've got something a lot better.
>wanting to live after SHTF
>>81428722
Kek
>>81437428
No of course not. Your attitude must be why the Soviet Union is and was such a poor shithole and genocide factory.
>>81437054
>Gold was always and is currently money.
Only while people agree it is. Like with any money.
>>81437550
You're going to die. No amount of gold is going to save anyone who posts on /pol/ or probably 4chan for that matter.
>>81427611
money derives it's value from the ability of the issuer to create demand for it
one good way is to levy taxes in a currency only you issue
>>81437550
Except for the fact that there are many things that are better to have than gold in such a scenario, like, I dunno, guns and fucking ammo. Want food? Shoot it or use bullets to barter for it. Want gold? Shoot the guy who has it but no guns. Want water? Barter with bullets or shoot people that have it. Guns are a superior apocalyptic investment, along with medicine, a greenhouse, an off-the-grid power system, and a well.
>>81437281
because when society is restored he can sell the gold he stole from you. but no one is going to give you jack shit for it. People will kill you for gold, jewlery, watches, etc. but they won't trade you desperately needed staples.
>but what if they did
then you'd be le happy merchanted so hard jews for 100 miles would have spontaneous erections. a TON of rice costs like $400. an oz of gold in your pocket pre shtf could be turned into 3-4 TONS of rice. post shtf you're looking at hyperinflation so badly it makes the zimbabwe economy look stable.
it's like you're a 12 year old who's never lived through a localized disaster to see people selling $90 harbor freight generators for $1200 out of the back of a truck.
you retards don't understand that gold is a good way to keep wealth transportable, not liquid.
need to flee the country like a jew in 1938? 50k in bullion is easy to keister than 50,000 now worthless marks
fearful of a zimbabwe tier scenario where 1billion dollars won't buy a can of coke? gold bought 20 years ago is a guard from hyperinflation
what it isn't is currency, let alone currency in an active disaster scenario.
>>81437952
>when society is restored
Top kek. What makes you think you won't be long gone?
>>81437714
Gold was always and is currently money.
>Only while people agree it is. Like with any money.
True, but the 5,000 year track record of excellence gives me (and everyone else on this planet besides couple of no-gold owning retards like you) full confidence. Can you say the same for paper "money?"
>>81427611
>Huuuurrrrrr that paper you say has value is worthless!
>Here, use this shiny rock instead!
Money is an inherently fictitious concept based on substituting a token of value in place of physical trade goods to expedite an exchange between parties. It's literally just a shortcut we made up thousands of years ago because direct bartering was too slow. What you use to represent value is largely irrelevant.
Now, is gold better than paper money for that purpose? Not really, because of its relative rarity. In order for us to switch back to a gold standard, each piece of gold would have to be valued exponentially more than it currently is worth to the point of absurdity. Would you want to live in a system where stealing your grandpa's gold fillings made you worth more than the economy of a 3rd world country?
>>81427611
gold in vault tied to your card
https://www.youtube.com/watch?v=td7K76IzLvo
>>81437707
>the benevolence of mankind will keep my life and gold safe...
kek, people will be sucking marrow from your bones with that attitude come some mad max apocalipse cuckanon.
>>81437823
you are entirely correct but discussing money (and the ramifications thereof) on /pol/ = ocean of piss
kind of hoping that it will change but i wouldn't bet on it
>>81437865
You are a retard and this is your first day posting here. I already have more guns than I can carry, would have to leave (most of) them behind in the happening.
You carry your life savings in "Ammo" on your back when you make a run for it retard. Just how far can you carry 900 cases of ammo?
>>81438088
>thinks society will entirely collapse forever
>buys gold instead of guns, ammo, and land with an active farm capable of letting 2-4 people subsist
wew
>>81438142
What makes your gold more valuable than my guns, food, ammo, etc? Do you honestly think there is any reason I'd give you food or weapons for your shiny rocks? And what is stopping me from killing you for your shiny rocks? I have everything you would want to get with your nigger-tier thinking- food, shelter, power, protection- yet were too stupid to buy because you thought rocks would get you everything in a pinch.
>We could live in a world where we invested our resources in mining asteroids and have an unlimited amount gold/silver/platinum but instead we live in the crappy real world which is slowly descending into chaos
>>81437952
>because when society is restored he can sell the gold he stole from you. but no one is going to give you jack shit for it. People will kill you for gold, jewlery, watches, etc. but they won't trade you desperately needed staples.
First of all, good luck stealing my gold from me, you won't be the first who tried. Second of all, who could read your entire post, when the first sentence was a concise condensed collection of absolute retardation??
https://www.youtube.com/watch?v=7ubJp6rmUYM
>>81438142
Any SHTF situation where you would need gold like most hoarders describe would mean that gold is worthless. Useful things would be more desirable in that situation.
Also, of course i own gold, and silver. Only a retard doesn't have stable investments. But they're not something i'd rely on.
>>81438381
>active farm capable of letting 2-4 people subsist
That's called a front yard.
Go look up potatoes grown in tires you larping ass city fuck
>>81438352
I have no reason to fucking leave where I live, I've got a house that is 100% off-grid if necessary, live in the fucking woods, and have enough food and ammo to last myself and my family 30 years. And if the government doesn't collapse, well I've still got a pretty sweet life and surplus of investments, so I'm fine either way.
>>81437414
Well you have to be doing this in super huge quantities to make it worth.
>>81438192
>illegal for US citizens
>>81438424
I probably have more guns than you idiot. Besides one I can carry when the happening, I will try to sell the rest for gold or just leave them. Meanwhile I can carry enough gold to get me through/across the border/wherever and set up again and I have the gold to pay for it. You will be hungry after one week of running (UN troops, FEMA whatever).
Maybe you can chew on the stocks from your thousand gun collection you'll be carrying on your back.
And best of luck stealing my gold! Good luck anon, I hope you don't dip into my lead collection before you see the gold!!
>>81427611
Your faggot PM says it's worthless. He's a meme, so you better buy some.
>>81438536
>Any SHTF situation where you would need gold like most hoarders describe would mean that gold is worthless.
That is literally all I could read from your post. I can't comprehend absolute retardation.
https://www.youtube.com/watch?v=7ubJp6rmUYM
Please list the countless numbers of times throughout all history where gold has been "worthless"???
Or just maybe one time????
>>81438424
>>81438536
>SHTF situation
until we're actually Mad Max you're both wrong. You're going to piss yourself when you realize how easy it's going to be to get guns and ammo when the dollar collapses. When things start to get scary, guys who have hoarded guns and ammo (the smart ones) will gladly trade a couple pieces and a chunk of their ammo stock for some "shiny rocks".
in this thread armchair economists who don't know the difference between money and currency.
>>81438781
In a commie takeover, the first thing that happens is you get five minutes to get off your land or they run over you with a tank.
This has happened countless times through history.
>It will never happen here!!!
>>81439055
>Please list the countless numbers of times throughout all history where gold has been "worthless"???
It hasn't, because it's always been part of an economy.
But like the other guy said, why would i want to trade the fruits of my labours for your metal which is less useful than steel? Also, consider why we switched to paper money, and now digital currency. It may have something to do with not having to lug around multi-denominational bricks.
>>81439080
>When things start to get scary, guys who have hoarded guns and ammo (the smart ones) will gladly trade a couple pieces and a chunk of their ammo stock for some "shiny rocks".
Why? What benefit is it going to be to them? Right now it's only useful because people agree it has value measured in real currency.
>>81428107
More of a barter.
>>81428107
>>81439567
True endgame is SKILLS to make more commodities.
>>81438164
You could use both gold and silver, and there is plenty of gold left to mine.
>>81428264
...or there isn't a global thermonuclear war, just a financial collapse. Or a regular old war. And you're stuck with a bunch of money that has no value and a mountain of pills that are worth the same as they ever were, but why would anyone buy them off you when they can do that in a store.
>>81439485
>bricks
Nigger do you realize how much a bar is worth? You could just use 1/10 ounce coins, cutting them in half when necessary.
I thought i was on /mu/ for a second
>>81439485
>Unprepared people like you, would be starving in the streets after your weeks worth of food is eaten. I won't be begging for food from you, and you won't have any anyway. I will be paying gold for food from people who risk their lives and wealth to bring me food, because I have gold
https://www.youtube.com/watch?v=7ubJp6rmUYM
>When things start to get scary, guys who have hoarded guns and ammo (the smart ones) will gladly trade a couple pieces and a chunk of their ammo stock for some "shiny rocks".
>Why? What benefit is it going to be to them? Right now it's only useful because people agree it has value measured in real currency.
If the "Happening" I hope I can find someone to pay me gold for my extra guns and ammo. I'll probably just have to leave them (most of them) behind when I make a run for the border. I won't be leaving any gold behind never worry.
>>81427611
Anything is money if people agree it has value
>>81438424
Sure, first things you buy are food, weapons to protect yourself, hygenics etc. However, to save your remaining savings, gold is a very reasonable option.
>>81440135
>Nigger do you realize how much a bar is worth?
In today's money? Or when you're starving because you loaded up you F150 with an incredibly heavy metal instead of food? And again, what use would i as a producer have for your non-workable metal?
>>81439931
Yeah I don't get it.
People seem to prepare for a nuclear holocaust or some sort of zombie apocalypse.
The most likely happening is a natural disaster.
Or an orderly collapse of the financial system, in which case gold will be very valuable.
>>81427611
Like all things its value is determined by humans. That means in SHTF scenario you can't count on it actually being worth anything. Shelter, food, alcohol, drugs, medical supplies and means to force other people to do your bidding is worth anything.
>>81428213
>can never buy physical gold a spot price
>can never sell gold at spot price
If you intend to invest in gold for money making then you better buy paper gold. The exchange rate for physical gold is rather steep.
>>81440586
>Or an orderly collapse of the financial system, in which case gold will be very valuable.
To whom? This might surprise you, but most people don't own or keep gold. Ergo, there will probably be some other system worked out instead of gold being used. Unless some Robin Hood fellow breaks into the Wall St vault and Fort Knox to distribute it to enough people that we start using it as physical money.
>>81427611
You know what money is?
Food.
All value is ultimately derived from the fact that you can purchase food or something that will get you food with it.
>>81440976
The amount of gold on paper exceeds the amount of physical gold ever mined by a factor of 12
>>81428107
No.
Ammunition:
Corrodes
Comes in different calibers for different guns that a buyer doesn't necessarily have
Requires buyers to have a gun to make use of it
Is consumed
Can be damaged
Can be sold damaged, with poor or even no powder
Gold:
Doesn't corrode
Isn't consumed
Can be used by anyone
Cannot easily be destroyed
Ammunition is not and never will be a currency. Ever. Period.
At best it is a good you can barter with, like any other non-currency.
A more viable actual currency of the future could be electricity. If you had some sort of long-lasting (at least hundreds of years) solid state, high capacity storage system. Oil/Coal are basically this in chemical form. Although it does suffer from something gold/silver don't - it's consumed.
>>81440989
I'm not talking about using it as physical currency (although we could).
But it could start backing cash once again.
>>81441254
Oh aye, that is oodles better than a never ending spiral of debt leading to overinflation.
But productivity would still be a better backing.
>>81437501
>Jew wonders why God doesn't help him
>>81438862
My old neighbor used to do this. His entire garage was full of old parts. He made a pretty decent amount of money on the side doing it. He also owned a pc repair shop.
>>81441176
Nah man. Paper gold is only 10% of all gold ever mined.
>>81439485
The answer is in your response to >>81439055
It always will be part of the economy. The same conditions that made gold so valuable before will return. No matter how many guns and ammo and bottled water and cans of vegemite you have at some point having PM's will be practical because of the incredible purchasing power they will have.
>>81442089
>It always will be part of the economy.
Except it was always part of the economy because people could get it. Most of the time they bartered.
>will be practical because of the incredible purchasing power they will have.
It'll only have the purchasing power the seller decides it has. Like it did in all barter economies.
>>81428144
It's not about the net, it's about the margin.
>>81445124
It's about both. If that guy had been smart and bought on margin, he would have been much better off for the same investment.
>>81436753
Hi welcome to 4chan! =)
