2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.94

+0.2%

Nov 19 4:00 PM EST

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To: TobagoJack who wrote (41125)	10/11/2008 11:44:56 AM
From: Andeveron	7 Recommendations Read Replies (5) of 217882

If the world falls into economic ruin or maybe just disarray where traditional systems of exchange are no longer honored, it is a certainty that gold becomes a liability rather than an asset. Cons: 1) Bullion is heavy and not easily transported 2) Gold makes you a target of vagabonds 3) Doesn't contain any usable nutrition In an unstable world of the near future where confidence is fleeting, gold can't be considered a store of value when normal valuation metrics no longer apply. Within a stable environment, assets have fundamental and intrinsic value. In an unstable environment, fundamental value is thrown out the window. You're gauging gold's value during what are relatively normal times but fail to take into account what its value will be when the S#^&! really hits the fan. That said, there are some redeeming values in gold during times of inordinate distress. Pros: 1) They make good teeth 2) Conducts electricity well 3) Appears glittery when it catches the light

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