re: #165 mmmirele

I keep telling my brother (who has been sinking a significant proportion of an accident settlement he got a couple of years back into gold coins with the expectation that the SHTF) that you can’t eat gold and he’d do better to stock up on provisions and then cook and use and rotate through said provisions. That’s the thing about prepping, you have to cook and rotate your supply because eventually that stuff goes bad.

What so many of these goobers fail to realize is that gold has no inherent value, that the same reason they sniff at paper/plastic notes as “fiat currency” is why gold coins are useless if we find ourselves reverting to a barter economy. Without a government to set and enforce their value, gold coins are only worth what the other guy is willing to exchange them for. So if he thinks that a bottle of clean water is worth a sack of gold coins, then that’s their value and arguing what the price of gold was when society collapsed isn’t going to change that.