It's 2016, why haven't you stored your wealth in gold?

Unstable market - check
Inflation - check
Meaningless fiat currency doomed to fail - check
.0001% interest rate in savings accounts - check

Your "savings" is literally just a few kb worth of data. You best be prepared for when that data gets wiped, like with a cloth, or with WORLD WAR 3

Other urls found in this thread:

silverdoctors.com/gold/gold-news/one-year-in-hellsurviving-a-full-shtf-collapse-in-bosnia/
abcnews.go.com/Blotter/glenn-beck-fires-back-goldline-investigation/story?id=11218568
youtube.com/watch?v=7ubJp6rmUYM
en.wikipedia.org/wiki/Executive_Order_6102
en.wikipedia.org/wiki/Whiskey_Rebellion
youtu.be/buSx1kaCA_k
twitter.com/SFWRedditVideos

Why do you stack silver? Soon it's going to be worth like $5 an ounce.

I have. so have a few family members. The bunker is just waiting to be used. nuke holocaust when?

Like two years ago I bought like 5 rolls of 20 silver eagles, and then threw them in the garbage can, because I thought it was a bad investment.

because THIS

Dumbass. At least drop them off at a jewelry store and get some paper dollars for them.

I got pissed that I lost half of white I paid for them, and just threw them out. It's going to continue to lose it's value.

is loses its value real quick if you toss em in the garbagio

Because the Pepe market is booming.

I can tell you're really good with investments.

>investing in the shiny jew

lol they will have no use. Invest in food, tp, ammo, etc.

this

still keep $15k in gold tho just in case

Gold is useless. Invest in cryptocurrencies instead.

Gold is a hobby, not an investment. If you care about >muh collapse, buy guns, ammunition, distilled water, salt, alcohol, canned food, etc.

It has only been going down from it's all time high. It will never be that high again. Not it's $18, then it will go to $10, then $5, then it would hover around 5. Then it will be worth only it's face value of $1.

haha nice try, shit's going to the moon.

i found you Adam

How many ounces do you have?

Did Adam tell you he's got a stash of physical? He really shouldn't; sadly, friends and family are the most likely to snatch it.

1, can't you see from the picture?

I think I could do really well in gold trading. Just do the opposite of whatever radio ads are telling you to do. If they say sell, then buy, and if they say buy, then sell.

Alex Jones hasn't told me to lately, the past couple of years he's steered away from gold and silver talk for some reason.

op i think you are going to need i bit more than that in other to survive a meaningful amount of time, 1 kilo of silver and 1oz of gold,,,,thats a good reserve

Seems like he's changed his advertising model to shill his products rather than use external advertising (e.g. Midas, which was owned by the same guy who owns GCN, which carries Alex's show.)

He's also not as big on having financial guests on as when everybody was freaking out years back. Or even Bob Chapman (RIP) as a weekly guest.

Oddly enough, I'm hearing more gold and silver ads on the regular radio lately. That costs a lot of money, so they must be doing well these days.

Wow. Nice $100 in gold and silver you have there.

Silly. Ammunition, food and water will be way more valuable than gold in the event of a world happening.

Yup. But as long as you've got your bases covered already, PMs are a reasonable place to store some of your surplus wealth.

more like $60. I've been saving my allowance for a while now.

this,,,but gold and silver are useful at first, when society isnt entirely collapsed, i would not consider gold as an investment, i would consider it as a fail safe, when you need to sell it, there wont be a stable price market, its going to be for food basically, or guns.

I have a single 1 Oz silver coin with a picture of one of Hans Christian Andersens fairy tales on the back and a portrait of our queen on front.

I mostly bought it because it is cool looking.

kek
you can't be serious

Yeah that makes a lot of sense, I kind of miss old days where he'd shill for gold and silver rather than super male vitality and get Ron Paul on every other week to chat, and his rants about how the collapse of the dollar was imminent and how FEMA death camps were being set up.

Good times.

also useless, grow weed, thats an investment

Listen to this man.

He is your friend.

I make an average 3% return annually. You tell me ;)

I actually have a website and you can pay for tips
$500 for a 30 minute session
$1200 for an hour
etc.

precious metals are insurance more than anything else. i wont be caught without a chair when the music stops

Lmgtfy

haha its funny because I actually am jewish!

Good work here, son.

To be 100% with you OP if everything collapsed, the only things I'd be trading for is alcohol and tobacco assuming I have food and water. I wouldn't care about shiny metal

Eat a dick, Ron Paul.

DUBS
KEK AGREES
WORLD ENDING

i just failed the capcha like 7 times

If there is some kind of world economy collapse gold will be worth nothing. Food, water, and bullets will be the currency.

wrong.

it will be gold.

gold has been the currency of mankind since creation, it is the god given currency of the earth and will always be.

>tfw live on ranch, which is soon to be worth more than a mansion

1. Gold and silver is not a good vessel to hold all your wealth in, without diversification of investment you are asking for trouble
2. Silver and gold have great long term prospects for gains, but can be volatile in the short term
3. Buying anything but private mint bars and coins is wasteful and just raises your price average. For example, a 10oz sunshine mint bar could be $15~ dollars cheaper than a Royal Canadian Mint 10oz bar. Unless I was planning on contributing the RCM bar to my RRSP (yes, you can hold gold and silver from certain sources like the RCM in your RRSP, I imagine there is a similar offer for IRAs in America but I'm not sure), buying the cheaper bar makes more sense.
4. You are not going to make astronomical returns, you will make modest long term gains
5. If you can't mentally handle price fluctuations, don't invest anything into stocks/gold/silver/etc

t. gold and silver investor

That's not historically accurate. Look into almost any collapse situation and you'll find that while of course barter of all sorts takes place, gold continues to function as intended.

Also careful with bullets as a currency. You'll need some reason to believe that they're not duds or spent time under water or whatever.

Better to invest in brass and lead.

kek

Don't do gold...do silver. We saw in Argentina people were trading silver jewelry because money was no good and gold was too difficult to break for a loaf of bread. Silver is also being used in electronics and other things which means its a resource actually diminishing.

lead (ammo) is a better investment

did you even look at my projections?

When there is no government or economy, who is going to trade a basic human necessity for a piece of shiny metal that has no use?

The black market. Seriously, go find stories about major deflationary events and you'll find stories of people trading gold and silver jewelry and stuff like that. Barter is hard to set up unless you and the other guy want each other's goods or services.

Once people organize well enough to set up markets, then they look for things that make easier currencies.

only people starving will treat their metal as nothing, even in a collapse, society will organize itself, and value will uphold, but i get it

i dont think gold or silver are an investment to make money, they are a failsafe,

and people will still uphold its value,

how do you think gold got value in the first place?

A great option for people in the US is 90% so called "junk silver", i.e. old 90% silver nickels, dimes, quarters, and halves. It's about as cheap as any other form, and provides a highly-recognizable government standardized and minted source of fractional silver.

MERCHANTS GET OUT REEEEEEEE

in the 30s depresion, there was a boom in luxery cars, their will always be wealthy people, no matter how fucked up everyone else is

Bob Chapman was fond of telling the story of a guy he knew (or maybe it was a friend of a friend) who bought an entire city block of buildings for 1oz of gold during the Great Depression, and subsequently got to make lots of money as a land lord.

Really puts the capital in capitalism, eh? Extreme example, but such opportunities come up during a massive crash.

>(((gold)))

The gold standard is what crippled Germany, there's no assurance that gold will retain the same or any value that it might have had.

Nice gram you got there

Bullets, bombs, guns, and food is the only useful currency.

SHHHH!

No one cares how much gold you have stockpiled, mountain kike.

Wow a swiss having gold.
Can you smell the jew on it?

hello jew, do you predict a dow or dbk collapse

>he invests in shiny jew metals

Invest in fear. VIX > GLD.

one step ahead of you my friend

A lot of GLD is in derivatives used to rig the spot price. Fine if you want to play it like a trader, but a fundamentally different animal from PMs proper.

Gold and silver isn't food and water, if shit gets so bad that my bank account is worthless metal won't matter either.

Invest in liquor minis and porno mags.

>Bosnia goes to shit

>goldfags tried to barter with gold
>get mugged and it gets stolen
OR
>try to barter with gold
>quickly find out that medicine, food and kerosene is far more valuable than gold that can't be directly used for survival

Gold is worthless in a shtf event. Bullets, lighters and medicine are far more valuable

silverdoctors.com/gold/gold-news/one-year-in-hellsurviving-a-full-shtf-collapse-in-bosnia/

Holy shit kek

are you stupid? you use the gold and silver to buy food and water.

I swear..

you use the gold and silver to buy the food and water are you stupid?

i swear..

Thanks for increasing the value of all the rest of our zilver, retard.

I don't get the endless stream of people flipping out about this. Nobody said you shouldn't get all your other necessities in order first. This is like jumping into a crytpocurrency thread or a stock thread shouting

AAAAAAA ITS HAPPENING BUY GUNS YOU IDIOTS YOUR FAKE NUMBERS AND PAPERS WON'T HELP YOU DURING THE UPCOMING RACE WAR AAAAAAAAA

The mousepad and coffee mug seal it.

>are you stupid
>double posts
>thinks gold and silver will buy anything if the economy shits

getaloadathisguy.jpg

I've been feeding my parrots gold for years, just sift through the poo. pay for bread, simple.

Gold isn't for SHTF event, but rather something softer, along the lines of Russian hyperinflation or the devaluation, or a later default (shit has always been very shaky in my motherland) or Zimbabwe hyperinflation that was slightly more recent.

Fuck, some 2 years ago USD-RUR jumped double in value. People that had RUR accounts were royally fucked. But there were not a lot. All successful people in Russia who survived prior events always store money in commodities. People buy condos, cars, gold, dollars, fucking iphones, anything to avoid storing rubles in the bank.

Bosnia is a perfect example of how precious metals quickly lost their value when SHTF and how even simple items like bic lighters drastically shot up in value, half hour with someone's wife was worth far more than a gold coin and only regainedsomeofits value when government and the economy came back.

In such a situation it's an extremely poor return on your investment.

>falling for the elemental jew

Glad I've got a number of ziploc bags in various strategic locations stuffed full of lighters and matches.

Fire is super-important.

i posted the first one and it didnt go through even when refrehshing so i did it again and it went through so go fuck yourself i dont need your sass right now, a lot of peple are ripping on me for this post.

it's ok bud, you live and you learn.
hold on to your precious metals and they will go up in value over time and i dont see the economy crashing any time soon

>like two years
>I bought like

You know the "like" epidemic is bad when they start to bring into their sentences.

>be prepprt
>have bars and bars of silver and gold
>it finally happens
>approach your local supply mob
>offer silver for food
>"what the hell am i gonna do with silver"
>go home
>starve

>Your "savings" is literally just a few kb worth of data

My savings is -100000 US$ so it doesn't matter. If the collapse happens, I win financially in some small way. Well, win right up until Great Lakes Corp tactical squad gives me a free helicopter ride.

investing in p-metals is just another way to con paranoid lunatics like doomsday preppers.

Poor people that think a few thousand in gold will protect their wealth.

If you want to protect your wealth own productive property.

>implying gold will be worth anything after the race war topples the kike banking systems

>investing in p-metals is just another way to con paranoid lunatics like doomsday preppers.

Tea party idiots are still butthurt over loving their life savings in Glen Beck's Goldline pump and dump.

abcnews.go.com/Blotter/glenn-beck-fires-back-goldline-investigation/story?id=11218568

>What is a completely fraudulent chart?

Uh, something you post?

>Silver
>$7 an ounce
>1950

it's my own speculations, private work you nerf herder, go fuck off yourself.

Who in his right mind would use Goldline or take financial advice from Glenn Beck?

Have you ever heard of the Hunt brothers? Do you really think it's going to go up that high again?

>collapse
>Situation
>Gold
> an extremely poor return on your investment.

If you can convince yourself of that, can you convince yourself hot is cold, and up is down?

Here's a dose of (recent) collapse reality, and what it looks like, if anyone cares....

youtube.com/watch?v=7ubJp6rmUYM

Why would gold be worth anything during a market collapse there is already thousands of percent more money in circulation than gold exists on the planet. What fucking reference would the gold have value against if there isn't enough to function as a currency?

No, you posted a fraudulent historical chart nigger. Sorry, am I not supposed to notice if you're lying and shilling? Have Schlomo notify me in private if I'm not supposed to interfere with your 'work.'

Because when currency doesnt work anymore and banks are thrown away I can just steal gold from other fags like you OP

All I can afford is silver
I have approx $500 worth stored thusfar

JPM's going to have a rough time with their shorts if it gets that high again. Of course if they can pull it off right, then they could cover the shorts by going long for another spike and then have it crash back down. Might even be a good way to get it back to a price more sustainable for industrial use.

wha'ts with the two color fingers?

>in my imagination this is what happens.

That's OK, I don't want to disturb the imagination of a retard. But in the real worldDD, in a collapse scenario like oh.....

youtube.com/watch?v=7ubJp6rmUYM

if you don't have any gold, you starve to death full stop.

Because gold will have no value in the event of a societal collapse.

That's why I'm storing my wealth in canned food and water filters.

Jokes on you, OP. I don't have any savings.

please dont report me im just talking about my consulting business, its the only way i make money, and these charts are proven again and again to work, i can assure you a 3% annual return with 1% commission fees and 2% for you, can i count you in for $100,000?

Water filters are ridiculously cheap. Unless you're going to be a regional filter salesman, you can't really store wealth in them.

Sorry. I just gave my last $100,000 to the Hillary Clinton campaign.

>We're stronger together

True. I plan to diversify to ammunition after I store two family sized lifetime supplies.

Lifetime supplies had better be freeze dried / dehydrated, not canned. The Mormons sell it in bulk for cheap, and shipping doesn't suck too bad once you take all the water weight out.

QUESTION for Cred Forums:

If a giant solar flare wipes out all of our technology, will gold still be extremely valuable?

Yes.

And the power of a solar flare has been overstated.

yes

gold has always been valuble, currency of god, always.

OP's savings amount to less than $200.

i have a couple pounds of sterling, and maybe a couple oz's of 14 and 10k jewelery.

$60 to be more precise

>It's 2016, why haven't you stored your wealth in gold?
>2016
>6102
>Executive Order 6102
en.wikipedia.org/wiki/Executive_Order_6102
"Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 (consumer price index, adjusted value of $378 today) per troy ounce."

"The price of gold from the Treasury for international transactions was thereafter raised to $35 an ounce ($640 today). The resulting profit that the government realized funded the Exchange Stabilization Fund established by the Gold Reserve Act in 1934."

When the dollar got in trouble before, and people tried to protect themselves by storing their wealth in gold, the government confiscated it all, paying a pittance of paper money, and then immediately turned around and declared gold would be price-controlled at a value of twice as much paper money as they had just paid for it.

So, you know, good luck with that clever plan for protecting yourself from monetary policy.

If you're thinking about using anything else as money, see also:
en.wikipedia.org/wiki/Whiskey_Rebellion

>Hee hee, ho ho, ha ha, to the funny farm, where life is beautiful all the time. And I'll be happy to see those nice young men in their clean white coats, and they're coming to take me away ha ha!

>wealth

That went almost entirely unenforced. It's just that a lot of people were dumb enough to give up their gold.

Similarly, a lot of people still believe in keeping it in a safe deposit box at the bank. Yeah, OK. Bet that'll leave you pretty well off during the bank holidays. Besides which the PATRIOT act says they'll come take it out of your deposit box if they needed it.

And indeed, if you know how to make alcohol, that's potentially very profitable. My grandparents used that as one of their main sources of income during prohibition.

can we make a cool coin thread? which board do i go to to show off my gold and silver?

Typical American...thanks buddy.

Okay, so here's the thing. Buy as much as you possibly can by October 2nd.

Screencap this.

This isn't a coin and it's only plated anyway, but it's by far the coolest thing I have.

You can prop the towers up and then knock them down :DDDD

>gold will be worth something when the world falls apart

I have firearms, ammo, and water. Worth more than any ounce of gold.

you better be right, i just bought 50k of silver

>paranoid lunatics like doomsday preppers.
Doomsday preppers are the only people with any fucking common sense, though.

It will always have never happened yet, until it's too late to prepare, so that's not an argument. There's only been about half a century since a real human-triggered doomsday was possible. Sure, nukes were invented in the 40s, but it took a while to build up arsenals of them, and delivery systems. Since then, we've added genetic engineering. and the potential for bioweapons beyond any natural plague. Swarms of killer robots are starting to become plausible, too. (what exactly is stopping the production of a few billion pistol-quadcopters, sniper-bigdogs, and self-driving-carbombs that just work well enough to blow up major infrastructure connections and shoot any human or vehicle that comes in front of their cameras?)

There's no historical precedent for any of this. It could all go to shit tomorrow.

yea but i can use the gold to buy those things

fucking autists smfh

www.gold2money.com

>literally a 9/11 simulator on a coin

whoever made that surely has a certain (((demographic))) in mind

Right now you can fim senpai. If some sperg like you waddles up to me and tries to give me gold for my supplies, I will just laugh you away.

>common sense
>investing in shiny rocks, not guns and ammo for future great happening
Pick one senpai

my saving is shares of companies and bonds. most people aren't retarded like you

USE THE SHINY ROCKS TO BUY THE GUNS AND AMMO

FUFCKING LEAF HNNNNGGGG

Silver is more bang for your buck as it's more suppressed
Also food and seeds

coin from latvia i cound recently, worth maybe $15 for the metal, about $30 to a collector in the condition it's in.

>That went almost entirely unenforced. It's just that a lot of people were dumb enough to give up their gold.
This is some crazy bullshit. It wasn't "unenforced", it was just that relatively few people had enough gold that their coins weren't covered by the personal exemptions (equivalent to a few thousand dollars' worth of gold today).

Most people who held large amounts of gold, had it through banking arrangements. They had 100%-backed gold certificates. That gold all got confiscated.

You bring me shiny rocks to buy my arms. I take your shiny rocks and kill you.

here is the reverse, sorry for shitty quality pictures, i will give my girl to let me borrow her camera when she gets off work.

Neat. I don't know enough to get into rares. The furthest I go is some high grade mint state pre-33 coins just in case those should go nuts again some day.

As an average joe just looking to diversify, it's mostly bullion for me on the expectation of only ever getting spot or melt for it if things get so bad that I need to liquidate.

>They had 100%-backed gold certificates.
Yup, true. But we're talking about holding physical in this thread.

If I knew you were going to kill me, why would I go to you? Ever hear of amazon? yelp?

how do you take a picture so bad?

>investing in metals more prone to manipulation than a fiat currency pegged to the strongest economy the world has ever seen
>laughinggirls.jpg

you'll see.

diversify, own weapons and precious metals.

If I M blessed my garden will always provide

so many (((people))) claiming silver is going to be worthless, completely wrong. It's gonna go up high very shortly, maybe after trump wins. like with brexit. If you bought it a few months ago when it was only $15 an ounce youd be rolling in cash.

gold is jew money, its been completely manipulated by the IMF and Rothschild banks, actually worth only half its price.

Get other metals too such as copper, lead and nickel.

it's my shitty phone camera, a walmart cheapo.

this is still in a ziplock back, i keep it in there, so it's really shitty quality.

4.18grams 24k

this hurts my eyes so much, zoom out.

I don't think there are any doomsday preppers who are only storing up gold as their whole survival plan.

But anyway, silver and gold are very versatile, convenient materials in primitive circumstances. That's what made them valuable in the first place. There are lots of rare things, not many rare and useful things.

A nice selection of platinum-group metals, even in small amounts, will be extremely useful in setting up industry, too. It's hard to overstate their value as catalysts.

Bags of cheap microcontrollers (you can get computers for about $0.30) and other, more basic electronic components, reels of wire, a variety of pure, clearly-labelled minerals from ceramic supply stores, and base metal stock are all good to have.

inb4 OP loses gold in carpet

mirin your taste in dirty pigsty full of disused old cables

makes me feel at home

youtu.be/buSx1kaCA_k

P does not logically follow from possibly P. You'd know this if you knew modal logic. So not an argument.

2. listicals do not increase the probability of a doomsday event. so, again, not an argument.

3. There's about a 19% chance of GCE by 2100. If it takes 80 plus years to accrue a 19% chance of occurring, that means we're all likely to die of natural causes before there is even a non negligable risk for a GCE. So, probability is not an argument.

iktf

>>They had 100%-backed gold certificates.
>Yup, true. But we're talking about holding physical in this thread.
Yeah, but short of a total-societal-collapse situation, what are you going to do with physical gold if the government decides to confiscate in today's surveillance society?

The dragon likes gold

stop getting so fucking close to your subject retard, it's not the fucking camera, it's you being a fucking idiot. pull the phone BACK.

my local pawn guy says this scrap is just about enough to trade for a s&w .38.

soon.

4 golden pepes

...

i apologize, i am done sharing until my girl gets home. til then i'm going to drink a beer and admire fellow user treasures while deciding what else i'm okay with showing you guys.

omg thats me!

I don't think there's really enough gold held by individuals to make it worth trying to confiscate. Why anger the population like that for a few extra shekels?

Hate to break it to you, but gold wont be worth shit after WW3 either. Honestly, if the world goes to shit, you little gold bars won't feed or protect you. You know what will be worth a lot, food, medicine/tobacco, bullets, salt and iodine. You control those, you have the currency of a beat down world.

Lots of shills in this thread on both sides.

Really makes you think.

By the way.. Silver and Gold don't always rise with inflation. They aren't inflationary investments/hedges. At least, not in the short run.

what specifically are these? they look like the indian head on my 2 1/2 dollar, but much much larger, i would assume those to be $20 coins? if they're 24k they must be atleast $500 a piece...

ITS LITERALLY THE WORST POINT IN TIME TO BUY GOLD RIGHT NOW

STOP SHILLING GOLD YOU DIRTY KIKE

REMINDER THAT BEN KIKEPIRO WAS SHILLING GOLD RECENTLY AS WELL

who said anything about buying? we're just comparing dick sizes now.

Will gold crash too?

:'(

>There's about a 19% chance of GCE by 2100.
If you think this is a reliable number, you are insane. (I'm assuming GCE means something equivalent to "doomsday event", since you didn't specify.)

We can't reasonably estimate the probability, because we can't think of all the ways it can happen. The more time passes, the greater our technological competence, the easier it is to impose a disaster on everyone who's not preparing for any kind.

>we're all likely to die of natural causes before there is even a non negligable risk for a GCE
Even if your probability estimate were correct (and there's no reason to believe it is), this kind of reasoning would only be valid if your concern was with your life, and not your line of descent.

Personal death and extinction are entirely different things.

FUCK OFF DIRTY KIKE STOP SHILLING YOUR JEW GOLD

Bitcoin first, Physical silver second.

Hold on let me boot up my computer and connect to the internet POST APOCALYPSE

>You can prop the towers up and then knock them down :DDDD
laughed harder than I should have

Then swiss francs

Copper

still /r/ info.

Those are glold buffalos. They're the standard US minted pure gold bullion coin (as opposed to golden eagles, which are buillion coins cut with silver and copper for durability).

I want to beat the shit out of you

Global Catastrophic Event.

The stat is taken from a GCR conference. Of course it is suspect. But, they're the best numbers around, unless new ones have come out.

>lineage

Good point. Except, if they aren't smart enough and strong enough to survive without me- they are inferior and needn't weaken the human race further by procreating.

This means, it will be up to them whether it is reasonable to doomsday prep as the risk of GCEs for them will be different from my risk.

part of my stack... i also hold BTC, and plenty of guns and ammo and food.

this is an old picture but im not opening my safe right now since im lazy and tired.

$500... try $1319+

very likely internet would be revived quickly faggo

Clean up your workspace you disgusting fuck

What's the best place to buy authentic gold/silver?

Here is my rainy day fund, not much, but at least i got something

Because land investment is much better.
>Never lowers its value
>You can generate wealth with it instead of having an idle value
>If you buy a terrain with a natural stream of water, you can be REALLY prepared for WW3.

As a beginner, if you know what it is you want to buy, you're not going to go very wrong with apmex.com. They don't have the price advantage that they used to, but it's still entirely fair and it's stupid easy. I continue to recommend it as a starting point.

Of course you'll want to pay by check to avoid the credit card fees. And it's a good idea to save up enough to buy in batches large enough that shipping is largely irrelevant.

I found a local dealer I like to use for most things.

>>lineage
>Good point. Except, if they aren't smart enough and strong enough to survive without me- they are inferior and needn't weaken the human race further by procreating.
>This means, it will be up to them whether it is reasonable to doomsday prep as the risk of GCEs for them will be different from my risk.
Think a little harder, man.

If each generation faces a ~20% chance of having their line ended if they don't prepare to avoid it, and each says, "Meh, *I* have an 80% chance of survival, so I'll probably make it. It'll be up to my descendants to prepare." then the line will end with near certainty in a few generations.

A 20% chance of individual premature death, leaving one's siblings, cousins, etc. can be tolerated. Almost no measurable probability of the whole community being wiped out in one fell swoop can be tolerated. In fact, minimizing that probability should be one of the central focuses of effort in life, along with successfully reproducing, even if it leads to a much higher risk of individual premature death.

when the shit hits the fan, will you be accepting cash, credit cards, or gold & silver for the things you may need to sell?

home is under construction... everything is a fucking mess sawdust and cramped spaces.

im sorry my mum does not live with me to clean up my shit.

Problem is a US Dollar collapse doesn't guarantee Mad Max nuclear waste, if anything there's a painful transition to a new reserve currency or a global currency. In both situations precious metals are a good idea.

Is gold really just tied to inflation? Hahaha

>be starving Zimbabwean
>be surrounded by fertile land and rivers that were once used by white farmers to grow vast surplus of food
>instead of farming the land like white farmers did before you confiscated their farms and killed them, destroy the rivers and land by panning for gold
>use gold to buy grain donated to Zimbabwe by US/Europe

land is the next thing on my list. I owe less than 15k on my current home, but i am in the market for 5-10 acres of wooded land and/or land with a small water source/stream. i will then proceed to build a home on the property, along with a bunker and solar array.

im hoping 2-3years max

There's no evidence to suggest the increase in risk is linear.

In fact, the risk may decrease. After all, violence across the globe is and has been decreasing over time.

The price of everything is tied to inflation. The significance of gold is that it cannot be counterfeited like currency can, so it retains its value while currencies become worthless.

meh, it starts on oct 2nd. if you believe the jews.

that gold kangaroo looks like he's taking a mean shit

does anyone here wear their wealth?

I'm not talking about an increase in risk.

If you, in your one generation, accept a 20% risk of the end of your line, how can you expect other generations to do a better job of guarding the line against a permanent end?

A 20% risk per generation for 3 generations is roughly a 50:50 chance at still being around for a 4th generation. Over 10 generations, there's about 90% risk, over 20, there's a ~99% risk. Doom becomes near-certain fairly quickly.

Because I'd have more than my body-weight in gold.

Meh, when the shit hits the fan I am just going to collect bottle caps.

>i'm not talking about an increase in risk

talks about an increase in risk.

There's no reason to think the risk will go up. And plenty of reasons to think it will go down. Next generation may face a 10% of risk across 80 years. The generation after that may face a 5% risk...

>>i'm not talking about an increase in risk
>talks about an increase in risk.
I was explaining accumulation of risk.

Rolling a standard 6-sided die gives you under a 20% chance of rolling a six. But if you keep rolling it, you're going to hit a six pretty soon. That's not because it's getting riskier per roll.

About half my stuff. Silver coins from just about every country and time period. The coins not in capsules are circulated swedish silvers I'm not sure what I'll do with yet. Smaller stacks on lower left is nazi germany silver.

How many ounces do you have atm? I'm on my way to 700, not sure if I should go to a clean 1000 and stop there.

No idea. Paid roundabout $8k total for spot price lots from a dealer over the course of a year.

I'll keep buying a few kilos every now and then and in a few decades I'll do a complete inventory and sell them at ~75% catalog price in an online shop. It will probably take a long time to sell them but it'll be at huge profit and I love collecting them any way.

gambler's fallacy. Probability doesn't increase as you roll the dice more.

GCE isn't a static probability like fair dice.