 Currency
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Shrad
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Registered Member #3215
Joined: Sun Sept 19 2010, 08:42PM
Location:
Posts: 780
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If I had to buy metal, I'd buy silver
currently it has no currency value, but I heard that when gold prices will pop up silver could be monetized
currently you need approximately 50 units of silver for an unit of gold
if it gets monetized it will have a fixed value of says 10 units for one unit of gold
I'm not sure of the ratios or the real thing in itself, but I feel this could be a nice investment scheme...
but what I'd do first if I lived in the US I'd put my earnings outside of the US legally with a good financial counselor, and then be out of anything bad happening with the dollar...
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Pinky's Brain
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Registered Member #2901
Joined: Thu Jun 03 2010, 01:25PM
Location:
Posts: 837
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Chris Russell wrote ...
I'd rather have a little of both. You're not going to be able to barter angle iron and farmland for gasoline in the initial weeks and months following a dramatic economic collapse.
If you have the machinery to extract vegetable oil and a farm with rapeseed you won't need to barter for gasoline.
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vasil
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Registered Member #229
Joined: Tue Feb 21 2006, 07:33PM
Location: Romania
Posts: 506
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Old coins are one of the best currencies. They are little things with a wide variety of prices. I put together a little collection for bad times. And it can be a nice hobby too.
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