So why do so many libertarians think gold would be worth anything, as if society collapsed there would be anything valuable about gold outside of being shiny, rare, and useful in electronics (though not nearly as available as other metals that aren't quite as conductive). Even crypto currencies would be useless should the internet collectively fall alongside society.
>>68315796
If society collapsed food and weapons are the new gold
Oh, I'm sorry, you faggots can't defend gold?
It will always be worth more than fiat paper.
>>68315958
Oh, as if you would be able to prevent whatever is left of the military-industrial government from clamping down on the food supply and not using vastly superior weaponry to suppress resistance?
>>68315796
Something tells me with the greediness of our species we're always going to have a soft spot for certain shiny metals.
>>68315796
In a societal collapse people will make new currencies out of Gold.
People will kill for gold, you can pay people to kill with gold.
He who has the gold has the power.
>>68316219
So you're going with the "b-but it's shiny" argument, eh?
>>68316275
I'm going to go with the argument that it's been an important form of currency for our species and probably will continue to be well after me and you are dead.
>>68315796
It's reliable and immutable as a medium of exchange.
Same reason fucking Greeks valued it when living in huts.
Gold is valuable because of its scarcity not because of it shininess. Fiat currency is valuable because the government says so.
It has nothing to do with society collapsing. If society collapses then stuff like water, guns, fuel, food, pussy will be valuable. Not gold.
>>68316242
come on, Fosters, you're being outdone by Singapore.
>>68315958
>>68316242
>He who has the gold has the power.
No, the person who has the weaponry to take your gold has the power.
>>68315796
That's why I have a drawer full of old bottlecaps
>>68315796
>rare
That's the point, dipshit.
>>68315796
During historical periods of collapse and anarchy gold and silver have remained highly valuable.
Why would a new collapse be any different than the thousands that have come before?
>>68316474
>have gold
>raise army
>profit
>>68315796
What are you going to use as currency? Fucking bottlecaps?
Gold is an extremely valuable resource just read a fucking wiki page jesus christ
>>68316480
>underrated post
>>68315796
>So why do so many libertarians think gold would be worth anything,
Being this ignorant of human history. 0/10
>>68315796
>if society collapsed
No, no one thinks that if the whole world was back to hunter-gathering that gold would be a currency.
People believe that gold is a safe investment for recessions/hyperinflation/economic collapse because it has historically been so.
The value of gold is not dependent on its electrical properties.
>>68316605
Okay, so out of all the rare shit in the world, a post-society will somehow find gold as a useful form of exchange within our lifetime? Probably not, so why the fuck would you invest in it?
>>68315796
Gold has no power beyond being traded for goods and services. You can trade your food and water for guns and ammon, but what happems when you dont have enough food and only just enought water?
The gold standard would fucking wreck the economy lmao you libertarians are shit at economics.
>>68316759
Same thing people always used as currency for thousands of years. Food and useful resources like wood, pelts and the like.
There is no human need gold fills. Its useless outside of organzied society that gives it a value based purely on rarity and cultural values.
>>68316997
since when are libertarians for a gold standard
milton friedman was against it
>>68316911
>>68316844
Okay, there has been tons of things that were historically valuable up until this point. Like financial analysts say, past performance is not always an indicator of future performance.
>>68315796
because they're naive enough to be shilled to by the gold shill, ron paul.
>>68316997
>>68317066
I never said ALL libertarians, I said SOME libertarians.
>>68317064
Barter isn't currency. Anyone not a retarded nigger realizes the utility of currency over barter.
>>68317228
SO MANY
>>68317272
And currency requires a functional government. Which you would not have if society falls.
>>68315796
ignore the entire history of the world
>>68317378
No it doesn't, it just requires people to accept it as currency.
>>68315796
Gold's free electron surface lustre has been irresistible to man forever and a day. Sorry gold-less one....but the world would need to go blind before it is worthless. Fuck off.
>>68317413
Okay, lots of people thought (and some still) think that the Earth is flat. Historically, there have always been idiots.
>>68317228
Mainly Ron Paul faggots
>>68317632
Okay, but as others have stated in this thread, why wouldn't you invest in things that are ACTUALLY valuable like guns and food? I don't think you could stop the impending mobs by throwing gold bars at them.
>>68316997
All external debt should be backed by gold but not the internal modes of exchange currency. This would fuck the Jews....and stop the endless cycles of churning and skimming.
Retards. Gold is valuable for multiple reasons. First off gold is a very soft metal, meaning it can actually be shaped into useful items like jewelry without breaking. Gold is also ideal for jewelry because it is antimicrobial and doesn't get funky when you sweat on it, or when you pierce it through your body. Not to mention it is non-allergenic. And before retards try and claim earrings will be useless in a post-collapse world, go try to marry a girl without giving her a gold ring first. Gold=appeal to females=reproduction. Why would a woman choose you over a man that can make her jewelry? Second on that note, keep in mind a kings crown is a piece of jewelry. And I hear symbols of power to rulers are quite important as well.
Not to mention that because gold is so soft it is easy to mint and that metals are the optimal form of currency because they don't get damaged easily during trade.
>>68317837
Sure, but wouldn't inflation and the steady increase of population eventually make gold untenable as a standard? At some point one fucking gold atom would be worth to much to buy food with.
>>68317832
I own a farmageddon over in NW Kentucky Staat U.S. with a private natural gas system and am membered in a co-op with 2,000,000 rounds stockpiled. To live forever I only need to outlive you and this shan't be difficult.
>>68318029
Inflation is the symptom of currency non-nominal depreciation not the disease.
>>68318006
At this point, most of the value that is derived from historic jewelry is it's sentimental value, you can't honestly be expecting me to think gold is valuable for the main reason that it can be used is because of the jewelry meme. I would much rather have a piece of territory, food, technology, and guns. Anything else is retarded.
>>68317122
What things have been historically valuable? Usually things that were commodities with various personal or industrial uses (I'm thinking salt, pepper, spices, silk) which are now, through scientific advances, easier to produce or have relevant cheap alternatives.
>>68317064
>Same thing people always used as currency for thousands of years. Food and useful resources like wood, pelts and the like.
Political economists and anthropologists both say a barter economy has never existed. Bartering as a system came about after currency was invented. Before currency, economies were based around other systems of exchange, like gift-like exchanges where resources would be "shared" in a "delayed barter" sort of way, where the person that receives the "gift" would repay later down the line.
>>68318092
So you're admitting gold would be useless.
>>68317064
Gold fills a "want" and this is what makes it historically durable.
>>68318370
I own these things because of gold and still hold more than Canada. You aren't half as clever as you desire to be.
>>68318276
Though thats just one example. Eventually in later societies, like say the Babylonians or ancient Greece, laws and so on were enacted to ensure debts were repaid, etc.
Also fun fact: the ancient Mesopotamian currency was called the Shekel :^)
>>68317832
>>68318029
>>68318230
>>68318370
>Hurrr gold has no utility so it would be worthless
You're ignoring every collapse in human history. Gold has always been extraordinarily valuable. When people were scrambling for food to survive the winter, and iron to defend themselves, gold was still extremely valuable.
>>68318608
What do you mean because of gold? Because the US dollar is the global standard and there are still enough retards that actually believe in the gold meme to buy it with their currency?
>>68316119
I want you to think about this for a bit, America is fucking massive, and in a HAPPENING the American military would have more than enough problems to deal with, do you genuinely think they're going to go farm to farm to steal baked beans and cattle from hicks?
Because it will be worth a lot.
I have a lot of gold, a LOT.
>>68318725
Sure, but in a world full of electronics and weaponry, why would anyone give a fuck about gold outside of sentimental value and because some dude on the internet told them it would be valuable should society would collapse because muh history?
>>68318230
Incorrect. Again, even if you want to ignore the issue of jewelry and the need to reproduce, gold is still the ideal minting material. And no matter how much guns you stock up on, you will run out of ammo. No matter how much food you stock up on, you will run out of food. As people with key skills survive and run out of their stocks, they WILL need to begin trading with eachother to make up for their personal lack of talents. Why go it alone when an expert farmer, an expert weapon smith, and a man very good at keeping watch that knows the area better than any of you do can form an alliance and do triple the work other can? And then we are back at the start of civilization forming. And once it does form, and it will, and so on and so forth, a form of currency will become necessary. And gold is the ideal.
Of course you would be a moron to not keep guns and food, but holding on to gold as well will ensure wealth in the future civilization that does form.
>>68315796
To be fair, I feel precious metals will only be good when society is getting back up on its feet.
Up until then, it will be bullets and lighters.
>>68315796
Gold jewelry can still be used to rent pussy, which is all man really wanted to begin with.
>>68315796
Because they're retarded. I used to be a libertarian and the majority of the people are fucking tin hat neckbeard losers.
>>68318930
Okay, I'll give you the benefit of the doubt, so tell me this, why would anyone in their right mind invest in electronically-exchanged gold purely out of speculation?
>>68315796
it'll still be valuable, probably just not during the collapse but afterwards when things settle down some.
>>68316242
No, ammunition and food will be the new currency.
>>68319249
to clarify, speculation that should society collapse, they WOULDN'T lose all that gold they bought that is housed in some bank in Switzerland.
>>68319282
>it'll still be valuable, probably just not during the collapse but afterwards when things settle down some.
>>68315796
Toilet paper. Toilet paper will be the currency when society collapses.
Except in India.
>>68318790
I supplied appreciated kilo ingots...owner supplied me with farmageddon and implements. I also accept payments for my services in American eagles which is "smart money" because they have a face value/conversion return of 50 US$....thus untaxable. Au revoir monsieur singe!
>>68315796
Gold is in demand in every of modern industry; consequentially, it's value is a natural barometer of the economy, ensuring it will be appropriately valued as money. It is also relatively rare, there is a large yet finite supply well distributed across the world, is easily divisible to any amount, is real, it is easily verifiable and uncounterfeitable.
It's the ultimate money.
>>68319433
...currency will BE the toilet paper.
>>68316480
this is a good post
>>68319333
Like all things, even smart things can be done in dumb ways. The only true way to invest is to hold it yourself. Only dumbasses leave it in the bank. Note that gold is also a fantastic investment for the case of only your own country collapsing. As while a US dollar could become worthless if something bad happens. A gold of bar will still be just as valuable to a china man. Having $10,000 in paper cash during a economy collapse would result in $1 Chinese, whereas that same $10k in gold would be worth the same amount allowing you to comfortably start anew and relocate to a new country if need be.
>>68316946
gold's scarcity is widely known and recognized, faggot.
>>68317832
Exactly, the argument is fucking stupid. I would rather have thousands of rounds over thousands of dollars of gold in a happening any day of the week.
>>68319441
I should of know it was a frog all along.
How about 225000 KG of gold?
>>68319751
"Rathers" are vapourous daydreams....you have neither.....I have both in abundance.
![mckinleycampaign[1].jpg](https://i.imgur.com/4OEDfLX.jpg "mckinleycampaign[1].jpg")
>>68319450
It would also put people out of work, hurt wages, cause global instability and a financial crisis. Gold played a direct role in causing the Great Depression.
It would further erase the U.S. dollar’s credibility and increase the risk of a trade war with other superpowers. Especially in a globalized economy, the effects would be devastating.
>societal collapse
>hordes of mad max style reavers
> invest in gold instead of ammunition and weapons
>here take this shiny metal and don't murder rape my family
>mfw people believe this will work
>>68319961
>assuming I don't stockpile ammunition
Bullets = End Game Currency
>>68319897
Really rich frog. The only better investment I own is the Hitler watercolour I bought with my First Communion loot. Keep impotently sniping from the bench warmed by your revoltingly fat fanny...that'll show us!
>>68320212
You should 'invest' in some and 'spend' them on yourself, if you know what I mean
>>68320113
How much could you possibly wedge into your mum's pantry? Colour me most drolly unimpressed.
>>68319962
You're 100% wrong on every point.
The Federal Reserve's currency manipulation created the bubble, the crash, and exacerbated it. It was only able to pull out of its nose dive thanks to WW2.
A finite money supply would ensure wages increase (they have steadily decreased since the full-on switch to fiat currency), ensure appropriate allocation of jobs, increase global stability, and ensure financial crises are temporary, complete, and able to clear correctly.
The US dollar would have infinitely more credibility were it not literal monopoly currency. It would no longer be currency; it would be money.
Governments would not be able to create-to-borrow and vice-versa to fund endless expensive wars, ridiculous transfer payments, and general adventurism. Risky loans and edgy banks would not exist in the long term.
The global economy would function much more efficiently if currency had a universal means of exchange through gold.
>>68320414
You aren't the only one here with money desu senpai san. Can you grab me a pair of dirty knickers from a vending machine and some Gundam models? Preferably Mobile Fighter G Gundam and Gundam Wing.
>>68320271
>>68320414
I don't know if it's because of your rhetorical style, but you come off as insecure.
>>68320585
>>68320585
Lose some fucking weight you fat beta cuck
>>68315796
because it's the first thing that we ever used in trade that didn't have any value as a tool, because it was soft and shiny and rare.
i say stockpile powder primers reloading components and land for an off the grid forest bunker.
>>68320788
I just got off MCL surgery so packed on a few. It happens when you play rugby and don't sit around jacking off to 2d girls in your parents basement whilst drinking pop leaf.
>>68321131
I thought pop was a Minnesota and Iowa word.
>>68320271
>>68321244
Arizona says it
>>68320726
First fallback bulwark of defence for the awkwardly fat.
>>68321244
Canada too, my cousins in Ontario call it that anyway. I don't if that's what you were meaning.
>>68321247
those are some big hands
>>68315796
Gold is valuable because it's rare and it's a great semiconductor material
>>68321334
That's in the general vicinity, so I can see them saying it too.
>>68321296
Snowbirds. For some reason, our old people go to AZ rather than FL.
>>68321547
Old people in general don't really come here anymore. They all seem to go to AZ these days.
It's been a valuable commodity in literally every society it's been a part of
Gold is the best currency because it does not oxidize, hence the shininess. Gold does not react and will stay pure. Food spoils, paper burns, goods break. Gold remains. It has worth because it can not be printed and it can not be destroyed. Gold is what currency is supposed to be.
>>68315796
>if society collapses
they are afraid of the monetary system collapsing, not industrial complexes or farmable lands disappearing.
Fiat money is based on trust. Trust can go away, but factories, technology and work experience still remain.
This is when gold can come in, since this is the number 1 go to after money. When you think something to replace money you will think gold/silver/diamond/precious metals and stones because of the traditional use of these things.
So they have the second highest trust value after money in our society, so they will be the fall back line.
>>68320585
I stopped driving tony marque vehicles when I came to the realisation that they own you more than you them. In Amerika I drive a stroked XJ all wheel I built myself. Although I still own a loaded out 7.5 litre 1970 W32 SX coupe and a 7.3 litre diesel Quigley war wagon.
>>68321922
Nice rides anonsan. Agreed, I hate this fucking car. It seems like every other week it's something new I have to fix that's why I've decided to sell it. I'm gonna get one of the new Shleby GT350R's for dogging out and probably a CL or possibly the new Lincoln Continental, when it's released that is, as my daily for when I don't want to drive stick.
>>68320049
>society collapses
>gangs free themselves from the yoke of law enforcement
>you go out one armed gunman
>get overwhelmed by the collaborative effort of people who have been doing this for a living
>society collapses
>people still want to eat and exchange goods
>you offer your gold to do that
>create value for your currency in the local community
>organize a community through your newfound power
>hire former military personnel and policemen offering them a safe and prosperous place to have their families in exchange for service
>new feudalism
>>68315962
Canada has $48 billion in US currency and another $28 billion in a basket of other currencies.
More diversification would be nice.
>>68322182
This probably has something to do with it
im stockpiling the generic goodies. ammo food water. mostly food since i live near a natural water source and have some filters built. i also chose to stockpile a lot of soap and antibacterial creams and such. figure the man who doesnt die to infection will outlast the filthy cunt with a ton of small cuts. discussing trying to get a couple month supply of insulin for my father but not sure how the storage of it would go. i know if shit ever hits any type of vertical takeoff ill be outside the local pharmacy helping people carry bags to my truck.
>>68322140
>live in burgerland
>own multiple firearms
>become extremely proficient with them
>gangs of dindus who can't shoot try to do something
>get picked off from hundreds of meters away
>become the warlord of the area
>???
>profit
https://www.youtube.com/watch?v=foVfF3hE65k
