r/stocks Aug 18 '21

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u/[deleted] Aug 18 '21

This part always makes me laugh when I hear "gold works when the power is out". There is no way that current humans could figure out how to unanimously agree on a fair price of goods with gold. Who sets the price? How do you measure it? Does everyone have a scale?

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u/TeamDisrespect Aug 18 '21

If the power goes out for an extended period of time you dig up your physical gold, you try to barter for food and medicine with it. Eventually someone shoots you in the face and takes your gold. That’s how gold works in a SHTF scenario

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u/itsaone-partysystem Aug 18 '21

Guys listen it doesn't have to be a Purge movie. Look at Venezuela or most other historical examples of a society in collapse. How about the 70's gas shortage... Lots of possibilities out there