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19
posted 4 years ago by YELLOWZERO 4 years ago by YELLOWZERO +19 / -0
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▲ 6 ▼
– Murkfall 6 points 4 years ago +6 / -0

Invest in ammunition.

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▲ 3 ▼
– DextertheCat 3 points 4 years ago +3 / -0

Precious metals, indeed.

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▲ 2 ▼
– LoneWulf 2 points 4 years ago +2 / -0

Ah, a pragmatist, I see.

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▲ 3 ▼
– deleted 3 points 4 years ago +3 / -0
▲ 1 ▼
– redtoe-skipper 1 point 4 years ago +1 / -0

How about gold and silver crypto coins. Gold and silver can be tokenized.

Within the world of fiction, it would mean not a ponzi scheme, but simply derivative of the real like, akin to a silver or gold note.

It would provide a platform to introduce PM as a monetary unit. Though it is still a bit shaky due to the fact it is based on fiat value. IF a token is define in weight of a PM in relation to a peg to another, that would basically reintroduce the constitutional silver standard since 1776 - 1871, when the US moved to a Gold standard, depriving silver holders of their money.

I would add though, if you don't hold it, you don't own it.

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▲ 1 ▼
– justThisGuyYouKnow 1 point 4 years ago +1 / -0

You are behind by about 3 weeks. Prices are back up where they were. Crypto is like any other fiat currency, but the difference is that there is no inflation by design. I make roughly 1k per month from it and I have to do nothing to get it. I use it to buy other things that will get me through a crisis.

Gold by itself has very little inherent value. It only keeps its value because people buy it and want to have it, because they are convinced it keeps its value. In reality: when the power goes out, it is only a matter of time before you can no longer use gold to buy food. You would be far better off with a ton of steel, a few hundred gallons of diesel and drinking water than gold at that point.

In fact, when the power goes out, the only usable fund is commodities, your own productivity and the tools you have at hand.

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▲ 1 ▼
– magayd45 1 point 4 years ago +1 / -0

it trump gets back in it honestly looks like i'm probably going to become a multimillionaire from bets/investments etc, yet it is the last thing on my mind. I pray every day and night for the people around me to wake up to this nonsense, and do everything in my power to make change. I contact the necessary people, I put up flyers, go to protests. Yeah i'm trying to financially benefit from the great awakening, but that's just come with all our new found knowledge of the world. we are all good people who will be greatly respected one day, and i think one day soon.

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▲ 1 ▼
– Torrvarpen 1 point 4 years ago +1 / -0

You need both, gold and silver could be the answer during a longer power and internet outage, crypto could be the answer during a globalist communist takeover (where internet and power will be the last things to collapse because the government needs it to oppress you).

Realistically speaking tho, chances are that when SHIT hit's the fan there will be no demand for crypto or precious metals. What are you gonna use any of them of or you're starving and are thirsty, while everyone around you are in the same situation?

You need dried food and some land where you can grow vegetables to eat. A potato hole full of potato to survive the long winter. Forest and lakes nearby so that you can hunt. Knifes, lighters that works without power and fuel, stored fuel/gas. And obviously guns to defend your land from faggots who can't tell the difference between mine and yours.

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▲ 1 ▼
– antiworldorder2 1 point 4 years ago +1 / -0

Always diversify, only invest in, what you can afford to lose. In other words you'll win some and lose some.

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– kosher 1 point 4 years ago +1 / -0

I've personally believed in Gold being the end game for the Central Banks across the globe for quite some time. However, I don't view it as investment, but instead insurance.

At the end of the day I don't give a shit if I'm wrong and what people decide what is money as long as it's scarce and is granted without any political decree.

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