This 4chan post got purged. It's a military guy with a warning.
(media.scored.co)
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Why would they not be, like every other investment they take a hit in crashes, downturns, "events" etc.?
Because they’re the only actual money.
not in the future they're not. klaus schwab doesn't give a fuck about your gold.
Enjoy starvation.
That’s why he’s hoarding it, of course. He definitely doesn’t care about the only thing that is money.
klaus schwab is hording gold?
enjoy starvation? would you rather have a brick of gold or thousands rounds of 9mm....who would trade for gold in a mad max world?
They are stores of value, not money.
Money is, by definition, a store of value.
Money is BOTH a store of value, and a medium of exchange. Without something being both, it's not money.
No, they are not. They are inflation hedges and a store of value. If we have nukes going off, food and firearms are the currency de jour.
Either way, silver, gold and crypto go up and down with rest of the market, because people buy them as investments same as anything else.
People traded gold and silver during much more technologically primitive times, i.e what we'll see in a major SHTF situation. It will still be more convenient than barter.
And pms don't go up and down with the rest of the market, they preform better when there is a lot of risk and little return in speculative assets, historically. For example during stagflation of the 1970s.
In primitive times, people mostly bartered. Settled agriculture and city states and civilizations used gold and silver.
I suppose, to be fair to your argument, you'll have to define SHTF situation. Weimar inflation? Okay, then people will use silver/gold. Nukes? Then all bets are off. There is a range in between.
Metals, like all investments, go up or down. They REALLY go up and down now because for both, but mostly gold, people don't own physical gold, they own gold shares of which there isn't enough physical gold to correspond. Did they perform better than stocks, bonds, real estate, etc.? Depends on your starting and ending points.