Posted by davemk on April 24, 2011 at 17:15:09 from (76.177.238.247):
In Reply to: gas posted by buickanddeere on April 24, 2011 at 16:16:12:
buickanddeere said: (quoted from post at 16:16:12 04/24/11)
Detmurds said: (quoted from post at 11:23:31 04/24/11)
davemk said: (quoted from post at 07:53:56 04/24/11)
Detmurds said: (quoted from post at 22:39:29 04/23/11) Both gold and silver are real money! Not a token by any means, or a piece of toilet paper like our dollar has become since it is no longer backed by gold.
Using both gold and silver properly is the key. The elitists use only gold and silver, you and I should too!
Getting back on track with oil; without it, our economy will fail. Folks,..we live in a oil based economy! Even if an alternative fuel is found just to simply help us commute, there is no guarantee that the new fuel will help produce products like oil does.
When the SHTF you will find out how "real" gold and silver are. When you are hungry would you trade food for gold or silver? I did not think so.
Dave
You are correct,...maybe?
One thing for sure, once our country is under a new currency due to an economic collapse, no matter what the new currency is called. Gold and silver will still hold value. By this time, anyone else will be dead broke.
I'm not saying that owning precious metals is the only answer. Just naming a few requirements, one must stock up on food, have protection, cash on hand, and in my opinion, have faith in God. If anyone thinks that in a SHTF event that they are going to cash out their IRA Roth, or savings accounts, they are wrong, those places will most likely be closed for business, and if it's an economic collapse,..the money won't be there either.
Headed towards a cashless 666 future. All the technology is already in place.
Government will use the excuse of cost saving. And eliminating crime by eliminating cash which is difficult to track & trace. A wad of cash in a tin can buried in the garden won't be worth the paper it's written on.
I agree paper money will be useless. There will be things that are valuable, "stuff" that can be used to produce food and shelter will be priceless in a SHTF scenario.
This post was edited by davemk at 17:15:53 04/24/11.
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